#SEC sets off a crypto law enforcement campaign, with Binance and Coinbase sued successively#
On June 5, SEC sued Binance and CZ for violating US securities rules. Affected by the news, BNB fell to $272 for a short period of time, an intraday drop of more than 10%. One day later, SEC sues Coinbase in New York federal court, and Coinbase stock fell 16% before the market.
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Crypto Market Aggregator|币圈新闻汇总
[1/3] [Crypto/TradFi Merger Update] 2026-02-06 16:00 (Beijing Time) ━━ Important News ━━ 1. Crypto market experiences "flash crash-rebound," with 24-hour liquidations reaching approximately $2.6 billion and the Fear & Greed Index falling to 9. BTC briefly dipped to around $60,000 before recovering to $65,000-$66,000; ETH initially fell to around $1,750 before rebounding to $1,890-$1,900. Multiple sources indicate that approximately $2.2-$2.6 billion was liquidated in the past 24 hours, primarily long positions (the largest single transaction was approximately $12.02 million), and market sentiment has entered a state of "extreme fear" (reading 9). (BlockBeats | TechFlow | BlockBeats | CoinDesk) 2. Trend Research 'long ETH position experienced a significant pullback, with suspected continued reduction in leverage and a downward revision of the liquidation range. Monitoring indicates that the company has accumulated losses of approximately $763 million in this round of ETH long. Starting February 1st, the company sold approximately 255,500 ETH at an average price of approximately $2,168 per ETH, triggering stop-loss orders, and withdrew approximately 483 million USDT from Binance to repay loans and reduce leverage. Latest developments show that the company continues to transfer ETH to Binance, seemingly selling to avoid liquidation, with the liquidation range updated to approximately $1,509–$1,800 (primarily concentrated around $1,560). (BlockBeats | Foresight News | PANews) 3. US Spot ETF Funding Weakens: BTC/ETH ETFs See Net Outflows on the Same Day, IBIT Trading Volume Hits Record High. February 5th, US Eastern Time: Spot BTC ETF saw a net outflow of approximately $434 million (IBIT saw a net outflow of approximately $175 million, FBTC approximately $109 million), and spot ETH ETF saw a net outflow of approximately $80.79 million; meanwhile, IBIT's single-day trading volume was reported to have reached a record high of approximately $10 billion, reflecting increased trading demand amidst sharp fluctuations. (SoSoValue | PANews | PANews) 4. Tether makes a strategic investment of $150 million and integrates XAUT to explore the use of stablecoins to purchase physical gold. Tether Investments acquired approximately 12% of Tether Gold (XAUT) for $150 million, with plans to integrate Tether Gold and explore the use of USDT and its "US federally regulated" USD stablecoins USAT/USAt (USAT) to purchase physical gold (subject to regulatory and technical/commercial considerations). (BlockBeats | Coindesk | Cointelegraph) 5. Bitwise has filed an S-1 registration statement with the SEC for a proposed "Bitwise Uniswap ETF," managed by Bitwise Investment Advisers and custodied by Coinbase Custody. The statement currently discloses that Bitwise will not participate in staking, but this may be adjusted in the future through document revisions. (Odaily | Foresight News | Cointelegraph) 6. Pump.fun Acquired the cross-chain transaction terminal Vyper, and will gradually cease service starting February 10th. Pump.fun The acquisition amount was not disclosed. It was stated that the Vyper team and technology would be integrated into its product system, the infrastructure would be migrated to Terminal, and Vyper services would be gradually discontinued starting from February 10. (The Block | BlockBeats) 7. Strategy (formerly MicroStrategy) Financial Report and Risk Statement: Q4 net loss of approximately $12.4-12.6 billion; CEO stated that "it would take a drop to $8,000 and maintain that level for 5-6 years to pose a real threat." The company disclosed a huge net loss in Q4 due to changes in the fair value of BTC; CEO Phong Le said that in extreme scenarios, restructuring, issuing new shares, or taking out additional debt could be considered; Michael Saylor referred to concerns about quantum computing as "FUD". (The Block | BlockBeats | PANews) 8. Binance SAFU Fund address again increased/transferred 3,600 BTC (approximately US$233 million). On-chain monitoring shows that the SAFU fund address added 3,600 BTC; some sources say its total BTC holdings are approximately 6,230. (BlockBeats | Odaily | Cointelegraph) 9. Regulatory and Policy Updates: US Treasury Secretary Criticizes "Anti-Regulatory" Stance; Senator Calls on Banks to Embrace Stablecoins; South Korea Investigates Bithumb's Advertising and Promotional Terms. US Treasury Secretary Bessenter criticized industry figures resisting the Digital Asset Market Transparency Act at a hearing; Senator Lummis stated that stablecoins could become a "new financial product" for banks, but negotiations for the Clarity Act are reportedly stalled; The Korea Fair Trade Commission launched an investigation into Bithumb's exaggerated advertising and suspected changes to its promotional terms.
IBIT
293.92%
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Layergg exchange & project alert
🆘 What happened in Crypto in the last ~24h:🆘 - [DEGEN] $KELLYCLAUDE $KellyClaude rallies on Base via fee burns and real-world AI product shipping (MC 7.5M) -[DEGEN] $BIGTROUT $BigTrout rallies on Solana as whale @BigTrout300 leads trust-driven community narrative (MC 4.4M) - $HYPE, $RNBW Listed on Coinbase spot - $UNI Bitwise files for first U.S. spot Uniswap ETF with the SEC - $ESP Espresso Foundation introduces ESP token to power decentralized rollup infrastructure - $POLY Polymarket parent files 'SYNOPTIC' trademark, signaling imminent $POLY token launch and airdrop - Gemini exits UK, EU, and Australia to focus on US prediction markets - Tether invests $100M in Anchorage Digital at a $4.2B valuation - Bitcoin treasury strategies post heavy losses following sudden crypto market crash - Japanese firms embrace Bitcoin treasuries as a strategic hedge against yen volatility - Treasury Secretary Bessent slams crypto nihilists opposing market structure bill ********************************** 💞 Please Like + Retweet if you enjoy this ✖ See details @Layergg #Highlight #Daily
HYPE
6.04%
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Crypto Market Aggregator|币圈新闻汇总
[1/2] [Crypto/TradFi Merge Update] 2026-02-06 08:00 (Beijing Time) Important News 1. Crypto Market Plunge and Deleveraging Concentrates: Approximately $2.114 Billion in Liquidations Across the Network in 24 Hours Coinglass data shows that approximately $2.114 billion in liquidations occurred across the network in the past 24 hours ($1.842 billion in long positions and $272 million in short positions), affecting approximately 441,600 people; the largest single liquidation occurred on Binance BTCUSDT, approximately $12.02 million. Multiple reports simultaneously indicated that BTC, ETH, and SOL collectively plunged during the session, breaking through key psychological levels (BTC reached a low of approximately $62,345; ETH fell below $2,000 and dipped to approximately $1,824–$1,825; SOL fell below $80), and discussions arose regarding whale position liquidations and the risk of cascading liquidations. (Coinglass | BlockBeats | Odaily | The Block) 2. BlackRock's Spot Bitcoin ETF (IBIT) Sets Record for Single-Day Trading Volume of $10 Billion According to reports, IBIT's daily trading volume hit a new record of approximately $10 billion, occurring against the backdrop of a significant intraday drop in BTC, highlighting the concentrated trading demand and liquidity during periods of high volatility. (The Block | WatcherGuru) 3. Strategy (formerly MicroStrategy) Discloses Results and BTC Holdings: 713,502 BTC, Average Price $76,052 The company disclosed that as of February 1, 2026, it held 713,502 BTC, with a total cost of approximately $54.26 billion and an average price of $76,052. Under fair value accounting, it recognized an unrealized loss of approximately $17.4 billion in digital assets in Q4 2025 and recorded a substantial quarterly net loss. Management stated that a drop in BTC below the average cost would not trigger the contract, and warned that "in the worst-case scenario, BTC reaching $8,000 would make debt repayment difficult." (Strategy | CoinDesk | The Block) 4. Tether Investments Expands Investment: $100 Million in Anchorage Digital, $150 Million Stake Gold.com Tether Investments announced a $100 million strategic equity investment in Anchorage Digital; and a $150 million investment Gold.com acquiring approximately 12% equity, aiming to promote the integration of the gold token XAU₮, and explore the use of USD₮/USA₮ to purchase physical gold, subject to regulatory and technical conditions. (Tether | The Block) 5. Bitwise Submits S-1 Registration Statement for Bitwise Uniswap ETF to SEC Bitwise has submitted an S-1 registration statement for an ETF themed around Uniswap (UNI), marking the entry of the product into a more clearly defined compliance filing process. (The Block | BWEnews) 6. Signs of Progress in US Crypto Legislation Grow: Senate Considers Reopening Market Structure Bill, Treasury Secretary Pressures Authorities Senator Mark Warner described himself as being in "crypto hell" and stated that the Senate is working to reopen the stalled crypto market structure bill; meanwhile, US Treasury Secretary Bessenter called for the advancement of the Clarity Act and criticized "crypto nihilists" who resist market structure legislation. (The Block | CoinDesk | Decrypt) 7. Gemini Shrinks Overseas Operations: Exits UK/EU/Australia and Lays Off Approximately 25% of Staff Gemini is reportedly exiting the UK, EU, and Australian markets and laying off approximately 25% of its staff, shifting its focus to the US and prediction markets. Some affected customers have been instructed to complete account migrations by the end of March for withdrawals, and deposits and new account openings have been suspended. (CoinDesk | Decrypt) 8. Russian Bank Launches BTC Mortgage Loans to the Public CoinDesk reports that Sovcombank claims to be the first Russian bank to offer Bitcoin mortgage loans to the public; its larger peer, Sberbank, has also conducted similar offerings but remains in the pilot phase. (CoinDesk) Market Analysis 1. Sentiment and Technical Extremes: Fear and Greed 12. BTC RSI 17, Market Focuses on 200-Day Moving Average
ETH
5.31%
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Crypto Market Aggregator|币圈新闻汇总
[1/2] Crypto/TradFi Merger Update | 2026-02-05 16:00 (Beijing Time) ━━ Important News ━━ 1. Sharp market decline coupled with large net outflows from ETFs: BTC once approached/fell below $70,000. BTC touched approximately $69,101 on Bitstamp, with market sentiment turning to "extreme fear"; meanwhile, in the second quarter of the Eastern Time, US spot BTC ETFs saw a net outflow of approximately $545 million (IBIT -$373 million, FBTC -$86.44 million, etc.), while ETH spot ETFs saw a net outflow of approximately $78-79 million (mainly ETHA and FETH). (CoinDesk | PANews | Foresight News | Odaily) 2. The SEC sues multiple market makers for alleged algorithmic money laundering; the FBI pursues criminal charges related to the fictitious token "NexFundAI" in a sting operation. The SEC has accused ZM Quant, Gotbit, CLS Global, and others of using algorithms to create false trading volumes and mislead investors; the FBI has used fictitious tokens to lure people into revealing their manipulative intentions. The entities and individuals involved face charges related to securities fraud, registration, and other issues, and have also been involved in criminal cases. (PANews | TechFlow | Odaily) 3. House of Representatives investigates WLFI, a Trump-related project: focusing on the UAE's $500 million investment and the funding chain of the stablecoin USD1. The House is demanding materials on WLFI's ownership, payment channels, and internal communications; the investigation also involves whether USD1 was used for large-scale transaction settlements and whether funds flowed to entities related to the Trump family. (CoinDesk | PANews | Odaily) 4. Market regulation is expected to be "completely overhauled": The CFTC withdraws its draft rules on event contracts (including political ones); Coinbase sues Nevada regulators. The new CFTC chairman withdrew the 2024 draft rules on event contracts and repealed related guidance, which the market interpreted as a loosening of regulation; Coinbase filed a federal lawsuit over the obstruction of event contracts in Nevada, arguing that it should be under the exclusive jurisdiction of the CFTC (the hearing will be held next week). (CoinDesk | TechFlow | Foresight News) 5. Tether releases Q4 2025 report: USDT market capitalization rises to $187.3 billion, BTC holdings increase to 96,184. The report discloses that USDT increased by $12.4 billion in the quarter to $187.3 billion; total reserves are $192.9 billion, net equity is approximately $6.3 billion, and BTC holdings increased (total holdings 96,184), with on-chain transfer value of approximately $4.4 trillion. (Tether | Foresight News | TechFlow) 6. Traditional financial institutions enter the market: Fidelity launches the USD stablecoin FIDD; CME explores "CME Coin" and collaborates with Google to develop tokenized cash. FIDD will be issued on Ethereum and pegged 1:1 to the US dollar; the CME CEO said that they are evaluating the issuance of "CME Coin" and working with Google to develop a "tokenized cash" solution, which is expected to move forward later this year. (Foresight News | Foresight News | TechFlow) 7. The Hong Kong Securities and Futures Commission (SFC) is reportedly considering allowing licensed VATPs to offer secondary trading of tokenized securities to retail investors. The regulator is studying the relevant requirements and risk management and is drafting a circular. Currently, retail investors can only subscribe to/redeem tokenized funds in the primary market. (Foresight News | TechFlow) 8. On-chain and regulatory events: Bhutan transfers BTC; South Korean regulators investigate abnormal fluctuations in ZKSync (ZK) on Upbit. On-chain data shows that the Bhutanese government transferred BTC to trading companies/exchanges during a market downturn; the Financial Supervisory Service of South Korea is collecting data to assess whether to initiate an investigation into the abnormal fluctuations of ZK, which saw a short-term surge of about 10 times followed by a decline. (CoinDesk | TechFlow) Market Analysis 1. Fear & Greed Index and Deleveraging: The Fear & Greed Index hit 12; the total liquidation across the network was approximately $700-850 million, with multiple sources indicating a surge in 24-hour liquidation (with a higher proportion of long positions), indicating a rapid weakening of risk appetite; BTC futures open interest fell below $50 billion, hitting a new low since March 2025. (CryptoRank | Foresight News | TechFlow) 2. CryptoQuant: BTC has fallen below the 365-day moving average for the first time since March 2022. Watch the $60,000-$70,000 resistance level. The report states that weakening institutional demand (a gap compared to previous ETF net buying) may bring continued selling pressure, and the market may enter a more bearish phase. (PANews)
BTC
3.39%
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yueya fnf
Encrypted News Highlights, February 5, 2026 Global financial markets are mired in deleveraging today. Hit by disappointing ADP employment data and earnings warnings from tech stocks, the crypto market experienced its most severe "pin-drop" decline since the beginning of the year, with BTC briefly falling below the $72,000 mark. However, amidst this extreme market panic, regulatory benefits from Wall Street and Hong Kong are being realized at an accelerated pace. 🏛️ Key News: Institutional Dividends and Policy Shifts: Trump May Sign "Crypto Law" Before April: White House officials revealed that Trump is expected to formally sign the Cryptocurrency Market Structure Act (CLARITY) before April. SEC Chairman Paul Atkins has also publicly called for allowing crypto assets to be included in the $12.5 trillion 401(k) retirement accounts. Hong Kong's stablecoin licenses will be piloted in a limited number of applications: The Hong Kong Monetary Authority (HKMA) has confirmed receiving 36 applications for stablecoin licenses and plans to issue the first batch of licenses in March. HKMA Chairman Eddie Yue emphasized that the initial phase will adhere to the principle of "few but high-quality" and will strictly scrutinize the quality of reserve assets and cross-border compliance. Fidelity's FIDD Officially Launched: Fidelity's first USD stablecoin, FIDD, has been launched on the Ethereum mainnet and is available to retail and institutional investors. Fully backed by cash and short-term US Treasury bonds, the coin offers daily transparency audits and aims to challenge USDT's market dominance. CFTC's regulatory overhaul: The U.S. Commodity Futures Trading Commission (CFTC) announced the withdrawal of its previous stringent regulatory proposals for prediction markets, signaling a more relaxed federal regulatory environment for the sector. 📊 Market Analysis: Leveraged Collapse and Bottom Testing BTC experienced a flash crash: BTC briefly plunged to $71,888 due to the negative impact of ADP employment data (an increase of only 22,000), ETH fell below $2,100, and SOL fell below $90. A massive $1 billion liquidation: The total liquidation volume across the network surged to $1.05 billion in 24 hours (another figure is $780 million), with long positions accounting for over 92%. The largest single liquidation occurred in HTX's ETH-USDT contract, involving approximately $8.4 million. The fear and greed index has fallen below 20, dropping to 16 (extreme fear). Arthur Hayes analyzed that the underlying logic for the plunge is that dollar liquidity has recently contracted by about $300 billion due to governments hoarding cash to mitigate the risk of a shutdown. The "resistance level" for spot ETFs: The average holding cost of BTC spot ETFs (approximately $84,100) has been broken. If BTC cannot quickly recover the $75,000 watershed, the technical outlook suggests it may seek support at $69,000 or even the 200-week moving average. 🚀 Project Updates and Safety Warnings CME plans to issue “CME Coin”: The CEO of CME Group announced at the earnings conference that the company is evaluating the issuance of its own token and is partnering with Google to launch “tokenized cash” for use as collateral. Tether's fundraising cools down: Reports indicate that Tether has reduced its fundraising target from $20 billion to approximately $5 billion, as investors question its high valuation of $500 billion. Its reserves currently hold approximately $193 billion, and its transaction volume hit a record high in Q4 2025. Multicoin founder Kyle Samani steps down from management to focus on his Solara ecosystem treasury. On-chain data suggests that his associated addresses recently converted $220 million worth of ETH into $HYPE. Coinbase's new listing roadmap: Announced that DOOD will be listed on the spot market on February 5th, and added projects such as Rainbow (RNBW) and Aztec (AZTEC) to its listing watchlist. Security Alert: Holdstation Hacked: Wallet compromised, resulting in a loss of approximately $100,000. Hackers transferred funds to the Bitcoin network via cross-chain bridges. Users are advised to exercise caution when authorizing cross-chain wallets. Recommendation: Pay close attention to the non-farm payroll data, which was postponed to February 11th. BTC is currently fluctuating wildly between $72,000 and $74,000. Avoid blindly buy the dips with leverage. Consider dollar-cost averaging opportunities near your cost basis.
BTC
3.39%
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