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The three major U.S. stock indices opened lower today. - S&P 500: -0.32% - Nasdaq: -0.39% - Dow Jones: -0.1%

Coinbase has announced the listing of ZAMA perpetual futures. Trading is scheduled to begin at 2:45 p.m. UTC on Feb. 2, provided liquidity conditions are met.

Bitmain (BMNR) announced it purchased an additional 41,788 ETH last week. As of Feb. 1, the company holds a total of 4,285,125 ETH, which accounts for 3.55% of the total ETH supply. In addition, Bitmain holds 193 BTC and $586 million in cash.

Bybit announced that it will list TRIA for spot trading at 10:00 a.m. UTC on Feb. 3.

Wall Street asset manager Bernstein has projected that the crypto market will turn toward recovery this year. According to The Block, the firm stated that BTC is likely to bottom out near the previous cycle's high of around $60,000 in the first half of this year before recovering. Bernstein attributed this outlook to several factors: its relative weakness compared to gold, the continuation of an institution-led cycle, a favorable U.S. policy stance on crypto, limited ETF outflows, and the diversification of miner revenue streams. The asset manager concluded that the current price movement is not the beginning of a full-blown bear market but rather a late-cycle correction.

MicroStrategy announced it purchased an additional 855 BTC for approximately $75.3 million between Jan. 26 and Feb. 1, at an average price of $87,974 per coin. As of Feb. 1, the company holds 713,502 BTC at an average price of $76,052 per coin.

Binance has announced that it will list ZAMA/USDT perpetual futures today at 1:00 p.m. UTC, offering up to 25x leverage.

According to CoinNess market monitoring, BTC has risen above $78,000. BTC is trading at $78,013.65 on the Binance USDT market.

The White House is scheduled to convene a meeting with banking and crypto industry executives at 6:00 p.m. UTC today to discuss a cryptocurrency bill currently pending in the Senate, according to Eleanor Terrett, host of Crypto in America. The meeting is expected to focus on the key issue of whether to permit interest and rewards payments on stablecoin holdings.

Bitmine is facing an unrealized loss of more than $6.9 billion on its ETH holdings, according to a report from CryptoPotato. The company currently holds $9.2 billion worth of ETH, a decline of over 41% from its total investment of approximately $15.7 billion.

Onchain Lens reported that an address presumed to belong to Trend Research deposited an additional 20,000 ETH, worth $45.52 million, to Binance seven minutes ago. To date, the address has deposited a total of 73,588 ETH ($168.6 million) to the exchange. Deposits to exchanges are typically considered a precursor to selling.

Tron founder Justin Sun told CoinDesk he plans to add between $50 million and $100 million in BTC to the Tron treasury.

Ripple has secured an Electronic Money Institution (EMI) license from Luxembourg's financial regulator, the Commission de Surveillance du Secteur Financier (CSSF), The Block reported. The approval, which follows a preliminary authorization, allows Ripple to offer payment and digital asset services throughout the European Union.

Blockstream has stated it has no connection to the deceased sex offender Jeffrey Epstein or his foundation, following the appearance of CEO Adam Back's name in related files. According to The Block, Blockstream co-founder Austin Hill exchanged emails with Epstein in 2014 to discuss increasing an investment. Additionally, the names of both Hill and Back were included in a flight reservation to St. Thomas, an island owned by Epstein. The U.S. Department of Justice previously released hundreds of thousands of documents related to Epstein. Kevin Warsh, nominated by President Donald Trump to be the next Fed Chairman, was also named in the documents.

Russia's largest Bitcoin mining company, BitRiver, is on the brink of bankruptcy, local media outlet Kommersant reported. The development follows a bankruptcy petition filed by major energy firm En+, which claims it has not been repaid a 700 million ruble ($9.2 million) advance and penalty fee. No recoverable assets were found, and negotiations are now underway among investors and creditors to transfer ownership of the company.

Digital asset investment products saw total net outflows of $1.7 billion last week, marking the second consecutive week of outflows, according to the latest weekly fund flow report from CoinShares. Bitcoin investment products saw $1.32 billion in net outflows, while Ethereum investment products recorded $300 million in outflows.

Binance has announced that it will delist 21 spot trading pairs at 8:00 a.m. UTC on Feb. 3. The affected pairs are: ARKM/FDUSD, ASTR/BTC, AWE/BTC, BANANA/BNB, DYDX/BTC, EUL/FDUSD, IMX/BTC, JTO/FDUSD, KSM/BTC, LINEA/FDUSD, LINK/BNB, NEAR/ETH, NFP/BTC, PIVX/BTC, PNUT/EUR, QTUM/ETH, SCRT/BTC, SNX/BTC, STG/BTC, SYS/BTC, and UTK/USDC.

Binance announced that it will delist the ACA, CHESS, DATA, DF, GHST, and NKN spot trading pairs at 3:00 a.m. UTC on Feb. 13.

South Korean crypto exchange Korbit will sell approximately 3.2 billion won ($2.37 million) in virtual assets to cover operating expenses, including labor costs, News1 reported. According to a company disclosure, Korbit plans to sell 25 Bitcoins through the Upbit and Bithumb exchanges between Feb. 5 and March 31. The holdings were valued at approximately 3.2705 billion won as of Jan. 25. The proceeds from the sale are planned to be used for operating expenses.

A wallet belonging to Binance's Secure Asset Fund for Users (SAFU) has purchased 1,315 BTC, worth $100.7 million, Lookonchain reported. Binance previously announced it would adjust the asset structure of its SAFU fund by gradually converting its existing $1 billion stablecoin reserve into BTC. However, on-chain analyst ai_9684xtpa noted that the address that received the BTC is not the same one (starting with 0x420ef) that holds the $1 billion in stablecoins, adding that further details would require an official announcement from Binance.

The address for Binance's Secure Asset Fund for Users (SAFU) just received a test transfer of 64.811 USDT from a Binance hot wallet, according to on-chain analyst ai_9684xtpa. Binance previously announced it would adjust the asset structure of SAFU, gradually converting its existing $1 billion in stablecoin holdings to BTC.

According to CoinNess market monitoring, BTC has risen above $77,000. BTC is trading at $77,008.22 on the Binance USDT market.

South Korean crypto exchange Upbit announced it will temporarily suspend Zilliqa (ZIL) deposits and withdrawals from 9:00 a.m. UTC on Feb. 3, due to the network's hard fork.

LD Capital has acknowledged that its recent bet on an early Ethereum (ETH) rally was a mistake, leading it to give back some of its profits. Jack Yi, the founder of LD Capital, stated on X that after previously selling ETH at a high point, the firm re-entered the market around the $3,000 level, anticipating a renewed uptrend. He explained that they believed ETH was undervalued at the time, but this turned out to be a misjudgment. Yi said the company is now managing risk by closing some positions and waiting for the market to turn bullish again. Trend Research, an affiliate of LD Capital, held approximately 650,000 ETH until the end of last month. Following a price decline over the weekend, the firm sold around 40,000 ETH and repaid loans on crypto lending protocols like Aave. Its current holdings are reported to be approximately 608,251 ETH.

The South Korean government is planning to bring income from cryptocurrency activities such as airdrops and staking rewards under its tax system, the Korea Economic Daily reported exclusively. According to ministry sources, the National Tax Service commissioned a research project late last year to reform the country's virtual asset tax framework. The core of the study is to review the adoption of a "comprehensive principle" for crypto taxation, an approach that would treat any economic benefit as taxable even if it is not explicitly listed in the law. A government official stated that authorities have settled on introducing this principle for virtual asset taxation. The official added that they are currently reviewing whether a legislative amendment is required and that discussions among related ministries will begin once the research is concluded.