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Bitcoin skeptic and gold bull Peter Schiff argued on X that the biased and ill-informed mainstream financial media are portraying Bitcoin's "unexpected" 50% drop as another buying opportunity. He asserted that the real opportunity is to sell before incurring further losses.

According to CoinNess market monitoring, BTC has risen above $67,000. BTC is trading at $67,013.76 on the Binance USDT market.

An analysis suggests Bitcoin (BTC) is following a trajectory similar to the 2022 bear market. Cryptocurrency trader Jelle said that BTC is currently replicating the 2022 downturn. He noted that if this scenario continues, the price could see a short-term correction to the low $50,000s before entering a full-fledged bull run. Jelle also questioned whether investors would actually buy at that level, despite many claiming they would.

Traders are pricing in a 94.1% probability that the U.S. Federal Reserve will hold interest rates steady at its March meeting, according to the CME FedWatch Tool. The probability of a 0.25 percentage point cut stands at just 5.9%. This represents a significant increase from the 78.3% chance of a hold seen before the release of January's employment data. The shift in expectations follows a stronger-than-expected jobs report from the U.S. Bureau of Labor Statistics (BLS), which showed non-farm payrolls increased by 130,000, well above the market forecast of 66,000. The unemployment rate came in at 4.3%, slightly below the expected 4.4%. The next Federal Open Market Committee (FOMC) meeting is scheduled for March 17-18.

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

According to CoinNess market monitoring, BTC has fallen below $66,000. BTC is trading at $65,964.2 on the Binance USDT market.

According to CoinNess market monitoring, BTC has fallen below $67,000. BTC is trading at $66,952 on the Binance USDT market.

The three major U.S. stock indices opened higher today. - S&P 500: +0.56% - Nasdaq: +0.76% - Dow Jones: +0.46%

BlackRock plans to list its U.S. Treasury-backed tokenized fund, BUIDL, on Uniswap to facilitate trading among institutional investors, Fortune reported. The asset manager has also reportedly purchased an undisclosed amount of Uniswap's native token, UNI. This initiative is being carried out in collaboration with the security token platform Securitize. According to CoinMarketCap, UNI is currently trading at $4.18, up 24.79%.

According to CoinNess market monitoring, BTC has risen above $68,000. BTC is trading at $68,007.7 on the Binance USDT market.

SuiUSDe, a synthetic dollar stablecoin backed by Ethena, has officially launched on the Sui mainnet, CoinDesk reported. The launch includes the activation of a $10 million yield-bearing vault, strengthening the stablecoin and on-chain yield structure within the Sui ecosystem. SuiUSDe is the first synthetic dollar on the Sui network and is designed for direct use in on-chain transactions and yield structures.

Non-farm payrolls in the U.S. increased by 130,000 in January, beating the market forecast of 66,000, the Bureau of Labor Statistics (BLS) announced. The unemployment rate came in at 4.3%, below the market expectation of 4.4%. The non-farm payrolls report, an official indicator covering both private and government sector employment, is a key dataset the U.S. Federal Reserve considers when making interest rate decisions. Strong employment figures, such as high job growth and low unemployment, may lead the Fed to consider raising or holding interest rates to prevent economic overheating. Conversely, weak data could prompt considerations for a rate cut to stimulate the economy.

Traders are pricing in a 78.3% probability that the U.S. Federal Reserve will hold interest rates steady at its March Federal Open Market Committee (FOMC) meeting, according to the CME FedWatch tool. This market sentiment comes ahead of the release of the U.S. unemployment rate and non-farm payroll data for January. The March FOMC meeting is scheduled for March 17-18.

Bitcoin has become more sensitive to changes in actual market liquidity than to potential interest rate cuts by the U.S. Federal Reserve in recent months, Cointelegraph reported. For years, Fed rate decisions were a key macroeconomic driver for the crypto market, with lower rates typically leading to rallies by reducing borrowing costs and improving risk appetite. However, the analysis suggests BTC is now more directly influenced by the level of liquidity within the financial system. The report notes two main reasons why rate cuts no longer significantly move BTC prices: markets have already priced in the possibility of cuts, and a rate cut could signal economic weakness, prompting risk-aversion and a crypto sell-off. As the crypto market's sensitivity to liquidity grows, investors should also monitor indicators such as the Fed's quantitative tightening (QT) program, increased Treasury bond issuance, and declining bank reserves. BTC is now being evaluated less as a simple bet on interest rates and more as a barometer for liquidity in the global financial environment, the report added.

The UK's Financial Conduct Authority (FCA) has sued cryptocurrency exchange HTX in the High Court for conducting illegal financial promotions aimed at British consumers, Decrypt reported. According to the regulator, HTX ignored multiple warnings and continued to run unapproved advertisements on platforms such as TikTok, Facebook, Instagram, and YouTube, all while its ownership and operational structure remained opaque. The FCA has now requested that Google and Apple remove the HTX application from their app stores and has asked major social media networks to block the exchange's accounts. Access to HTX is reportedly already restricted on some platforms within the UK.

Arkham Exchange, the trading platform of blockchain analytics firm Arkham Intelligence (ARKM), has refuted reports of its closure and announced it is preparing to transition into a decentralized platform, Cointelegraph reported. The statement addresses an earlier report from CoinDesk that claimed the exchange was shutting down. In an interview, the exchange said its decision was based on the belief that the future of crypto trading is in decentralization, adding that existing centralized exchanges have become unresponsive to user needs and less efficient than traditional financial systems.

Danske Bank, Denmark's largest bank, has decided to offer its clients access to Bitcoin and Ethereum-based exchange-traded products (ETPs), ending an eight-year ban, Decrypt reported. The move reflects a maturing regulatory environment and growing customer demand. However, the bank will maintain its existing stance of not recognizing cryptocurrencies as a recommended asset class. It also plans to provide suitability tests for clients who invest in crypto without prior investment counseling.

Aviva Investors, the asset management arm of UK insurer Aviva, has announced a partnership with Ripple to tokenize traditional funds on the XRP Ledger (XRPL). Under the collaboration, Ripple will support the entire process of issuing and managing the tokenized funds on the XRPL.

Bybit announced that it will list AZTEC for spot trading at 7:00 a.m. UTC on Feb. 12.

South Korean retail investors are leaving the cryptocurrency market in large numbers and shifting to domestic and overseas stocks following a downturn in crypto prices that began last October, Bloomberg reported. The outlet noted that after suffering significant losses, these investors have turned their attention elsewhere. Crypto exchange trading volume, which once surpassed that of the KOSPI, has plummeted by approximately 65% year-over-year. During the same period, KOSPI trading volume surged by 221%. Bloomberg explained that South Korean retail investors had heavily concentrated their investments in volatile altcoins, leading to the highest levels of investor fatigue. These funds are now moving into domestic AI and robotics-themed stocks, pushing credit balances at securities firms past 30 trillion won. The report also cited President Lee Jae-myung's policy, which includes a pledge for the KOSPI to reach 5,000, as another factor drawing capital away from crypto. While investors are leaving the market out of disappointment, Bloomberg suggested that if blockchain technology successfully integrates into mainstream financial services in the future, the market could potentially be reshaped with a focus on utility.

Nasdaq-listed Hyperliquid Strategy (PURR), a company that strategically accumulates Hyperliquid (HYPE), announced it has purchased five million HYPE tokens for $129.5 million at an average price of $25.9 per token. The move is seen as an effort to strengthen the company's influence within the ecosystem and diversify its financial structure. Following the purchase, PURR still holds $125 million in cash reserves.

The European Parliament has officially supported the European Central Bank's (ECB) digital euro project. According to Cointelegraph, a resolution adopting the ECB's annual report passed in Parliament with 443 votes in favor. The resolution stipulates that cash will remain important to the eurozone economy even as the digital euro project moves forward, and that both the digital euro and physical currency will hold legal tender status.

Block's mobile payment app, Cash App, is waiving all fees for large-scale and recurring Bitcoin purchases, Solid Intel reported.

FTX founder Sam Bankman-Fried (SBF) has alleged on X that his conviction should be vacated due to claims of witness intimidation by the Biden administration's Department of Justice. He stated there are claims that the DOJ intimidated multiple witnesses into silence or to change their testimony. If true, Bankman-Fried argued, his conviction must be overturned. He also called for the judge in his case, Lewis Kaplan, to recuse himself, emphasizing that Kaplan has shown bias and presided unfairly over cases involving defendants such as himself, FTX Digital Markets co-CEO Ryan Salame, and U.S. President Donald Trump. SBF was sentenced in March 2024 to 25 years in prison and ordered to forfeit $11.02 billion.

South Korean exchange Upbit has announced that it will temporarily suspend deposits and withdrawals for Cosmos (ATOM) at 9:00 a.m. UTC on Feb. 18 to support the network's upcoming upgrade.