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White House meeting on crypto market structure bill addressed stablecoin yield issues, with progress noted despite ongoing legislative challenges. Talks will continue amid potential government shutdown. #Update #Crypto $USDT
Bitcoin ($BTC) bounces 7% from weekend lows, trading at $78,700 amid forced deleveraging that liquidated over $2 billion in crypto derivatives; Ether ($ETH) up 2%, but both remain down week-over-week. #Update #Crypto $BTC
Earnings reports are expected from @MicroStrategy, @GalaxyDigital, and @Bullish as macroeconomic data looms with U.S. jobs figures on Feb. 6. #Update #Crypto $BTC
@MicroStrategy continued its bitcoin acquisition, purchasing 855 $BTC for $75.3M at an average price of $87,974 each. Total holdings now stand at 713,502 $BTC. MSTR shares down 7.3% to $138.80. #Update #Crypto $BTC
@Ripple has received full approval for an Electronic Money Institution license from Luxembourg’s CSSF, enabling expanded regulated payment services across the EU. #Update #Crypto $XRP
India’s 2026-27 budget maintains a 30% crypto tax and introduces penalties up to ₹50,000 ($545) for reporting lapses, effective April 1, 2026. #Update #Crypto $BTC
@JupiterExchange integrates Polymarket on Solana, enhancing its prediction market capabilities, alongside securing a $35M investment from ParaFi Capital in JupUSD. #Update #Crypto $JUP
Bitcoin trades below $80,000 after a liquidation of over $500 million in long positions; options markets show increased demand for downside protection. #Update #Crypto $BTC
Bitcoin $BTC is down over 10% despite market stability, as speculative capital shifts to faster alternatives like sports betting and day-trading options, impacting liquidity and interest in long-term assets. #Update #Crypto $BTC
Senator Elizabeth Warren calls for congressional hearings after a report reveals UAE’s Sheikh Tahnoon acquired a 49% stake in World Liberty Financial, raising national security concerns. #Breaking #Legal $BTC
Hong Kong lawmaker Johnny Ng emphasizes the city’s role as a bridge for crypto and traditional finance, promoting regulatory clarity and inviting global exchanges like @coinbase to establish operations. #Update #Crypto
The White House is initiating discussions on stablecoin yield with crypto and banking representatives, as the Senate Agriculture Committee advances market structure legislation. #Update #Crypto $USDC
Tax attorney David Klasing advises clients with unreported $BTC gains to use voluntary disclosure to avoid prosecution as global tax authorities ramp up scrutiny with the new Crypto Asset Reporting Framework. #Update #Crypto $BTC
@MicroStrategy increased the dividend rate on its preferred stock Stretch (STRC) by 25 basis points to 11.25%, while $BTC trades near $78,000 after dipping below $76,000. #Update #Crypto $BTC
