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The U.S. Commodity Futures Trading Commission (CFTC) has withdrawn a proposed ban on political betting in prediction markets and announced a new, market-friendly policy direction, CoinDesk reported. Michael Selig, the new CFTC Chairman appointed by U.S. President Donald Trump, announced that he has scrapped the prediction market regulations proposed last year and rescinded previous guidance that had caused confusion in the industry. Selig described the former guidance as a flawed regulation from the Biden administration and stated his intention to establish new, reasonable rules.

According to CoinNess market monitoring, BTC has risen above $73,000. BTC is trading at $73,040 on the Binance USDT market.

Solana (SOL) has dropped below the $90 mark on the Binance USDT spot market. This is the first time it has done so in approximately two years, since Jan. 26, 2024. The token is currently trading at $90.06, down 6.13% over the past 24 hours.

Coinbase announced the addition of AZTEC and ESP to its listing roadmap.

Stacks (STX) has announced an integration with cryptocurrency custody firm Fireblocks. The move will provide over 2,400 Fireblocks clients with access to Bitcoin DeFi, allowing institutional users to utilize features such as dual staking and BTC-based lending.

According to CoinNess market monitoring, BTC has fallen below $72,000. BTC is trading at $71,920.9 on the Binance USDT market.

According to CoinNess market monitoring, BTC has fallen below $73,000. BTC is trading at $72,957.68 on the Binance USDT market.

The three major U.S. stock indices closed mixed today. - S&P 500: -0.51% - Nasdaq: -1.51% - Dow Jones: +0.53%

Eleven U.S. state pension funds that invested in MicroStrategy (MSTR) have suffered significant losses as the company's stock price has declined, DL News reported. According to the report, these funds, including the New York State Common Retirement Fund and the Florida State Board of Administration, collectively hold nearly 1.8 million shares of MicroStrategy. The current value of their holdings is approximately $240 million, a sharp drop from their initial investment of about $570 million. The recent stock decline has resulted in 10 of the 11 funds incurring a 60% loss on their MSTR purchases. MicroStrategy's stock has fallen 67% over the past six months.

President Donald Trump said that Federal Reserve Chairman nominee Kevin Warsh would understand his desire for a rate cut, Walter Bloomberg reported, citing NBC. Trump added that if Warsh had expressed a desire for a rate hike, he would not have been appointed to the position.

Coinbase announced the addition of RNBW and RAVE to its listing roadmap.

Nasdaq-listed Hyperion DeFi, a strategic investor in Hyperliquid (HYPE), has announced plans to use its HYPE token holdings as collateral for options to generate additional revenue. According to The Block, Hyperion CFO David Knox explained, "Our strategy is not directional trading or speculation. Instead, we aim to provide the necessary collateral for writing and settling options, earning revenue through premiums and fees." He added that this income will supplement the returns generated from Hyperion's HYPE token staking. As of early December of last year, Hyperion held over 1.8 million HYPE, valued at approximately $64 million.

Investment bank Stifel has warned that Bitcoin could fall to $38,000, based on an analysis of past market cycles, Walter Bloomberg reported. Stifel cited several factors for the potential decline, including the Fed's monetary tightening, a slowdown in the pace of U.S. crypto regulation, reduced liquidity, and large-scale ETF outflows. The bank also explained that market sentiment has entered a stage of extreme fear, suggesting waning interest from both institutional and retail investors.

Whale Alert reported that 254,300,000 USDT has been transferred from an unknown wallet to Bitfinex. The transaction is valued at about $254 million.

The U.S.-based Chicago Mercantile Exchange (CME) Group is considering issuing its own coin, Coindesk reported. CEO Terry Duffy said the company is looking into launching its own token that would operate on a decentralized network, suggesting that a token from a major financial institution would be more trustworthy for margin trading than one from a third or fourth-tier bank. Duffy added that CME is exploring various plans using its own coin, not just tokenized cash. The company is reportedly collaborating with Google on a "tokenized cash" solution scheduled for release later this year. When asked whether the potential coin would be a stablecoin, a payment token, or serve another purpose, Duffy did not comment.

According to CoinNess market monitoring, BTC has risen above $74,000. BTC is trading at $74,063.53 on the Binance USDT market.

The probability of Bitcoin's price dropping below $70,000 has increased to 82% on the prediction market Polymarket.

U.S. Treasury Secretary Scott Bessent said he has no opinion on whether President Trump has the authority to fire the Federal Reserve Chair and its governors over policy disagreements, Walter Bloomberg reported. He added that he considers the Fed to be an independent institution.

The three major U.S. stock indices are trading mixed today. - S&P 500: -0.85% - Nasdaq: -2.15% - Dow Jones: +0.16%

Major exchanges have seen $116 million worth of futures liquidated in the past hour. In the past 24 hours, $879 million worth of futures have been liquidated.

Whale Alert reported that 250 million USDC has been minted at the USDC Treasury.

U.S. Treasury Secretary Scott Bessent has advocated for a Strategic Bitcoin Reserve (SBR), calling it a government asset. He noted that after seizing $1 billion in Bitcoin, the government retained $500 million, which has since appreciated in value to over $15 billion, according to a post on X by Bitcoin Magazine.

U.S. Treasury Secretary Scott Bessent said the administration is not planning to introduce a central bank digital currency (CBDC), Walter Bloomberg reported. He added that he believes the same is true for the Federal Reserve. His comments came in response to a question from Representative Warren Davidson, who has previously described CBDCs as a form of communist currency.

According to CoinNess market monitoring, BTC has fallen below $73,000. BTC is trading at $72,914.98 on the Binance USDT market.

The U.S. Bureau of Labor Statistics (BLS) announced it has postponed the release of its January non-farm payrolls data, originally scheduled for this week, to Feb. 11. The Consumer Price Index (CPI) for January is scheduled for release on Feb. 13.