Category: crypto

Binance has purchased an additional 3,600 BTC for its SAFU fund, increasing the total to 6,230 BTC. The exchange aims to convert $1 billion in user-protection reserves into Bitcoin within 30 days. Binance sees Bitcoin as a foundational asset and is buying the dip to strengthen its fund.

Tether has minted $1 billion worth of USDT, adding to a total of $4.75 billion in stablecoins issued by Tether and Circle in the past week. Analysts view this as a liquidity signal rather than a buy signal, with the market watching for confirmation of bullish momentum through various indicators.

CleanSpark Inc. experienced a sharp drop in shares ahead of its fiscal Q1 2026 earnings report, with investors worried about potential disappointment due to crypto market instability. Analysts predict earnings per share at $0.09, and technical indicators suggest continued bearish pressure. Despite short-term struggles, analysts remain mostly bullish on the stock.

Dogecoin and Shiba Inu saw a drop in prices despite increased network activity. Dogecoin’s active addresses surged by 36% but prices fell by 3%, while Shiba Inu also lost 2%. Both tokens face vulnerability to further declines due to distribution-driven network activity. Shiba Inu is down 92% from its peak in 2021.

Senator Lummis asked Treasury Secretary Bessent about China’s use of blockchain to challenge American financial dominance. Bessent suggested China may be developing gold-backed digital assets in Hong Kong as a stable alternative to the dollar. He also warned about Iran’s financial troubles and the need for clarity on cryptocurrency taxes.

Gemini, the crypto exchange founded by the Winklevoss twins, is cutting up to 200 jobs and closing operations in the UK, EU, and Australia due to market challenges. Despite this, they are focusing on Gemini Predictions, a prediction market platform that has processed $24 million in volume since its launch in December 2025.

Strategy has a significant amount of Bitcoin holdings acquired at an average of $76,052. The company’s net debt is currently covered by these holdings, but if Bitcoin were to drop to $8,000, it would no longer cover the debt. As Bitcoin prices fluctuate, the company’s balance sheet and financial results are impacted.

Pump.fun, a meme coin launchpad, has acquired trading terminal Vyper to enhance its cross-chain trading capabilities. The deal, confirmed on February 5, 2026, will integrate Vyper’s infrastructure and technology into Pump.fun’s Terminal platform. This acquisition reflects Pump.fun’s evolution into a broader trading and infrastructure platform.

Kalshi, a regulated prediction market platform, announced an expansion of its market surveillance to prevent insider trading and market manipulation. They formed a Surveillance Advisory Committee and partnered with Solidus Labs. This move aims to enhance trading integrity and compliance, positioning Kalshi as a transparent alternative in the face of regulatory scrutiny.

Bitwise Asset Management has filed for a spot Uniswap ETF with the SEC, aiming to offer regulated exposure to the UNI token. Despite the filing, UNI’s price continued to decline, reflecting cautious market sentiment towards altcoins. The proposed ETF would be the first regulated ETF focused on a DeFi protocol’s native token in the U.S.…