The 1B Whale

BREAKING

The 2025 U.S. payrolls revision was reported at -862,000 jobs, marking the largest downward revision since the 2009 Global Financial Crisis.

The revision suggests that prior employment growth estimates were significantly overstated, raising concerns about the underlying strength of the U.S. labor market and broader economic momentum.

JUST IN

Market participants on Kalshi are currently forecasting that Ethereum (ETH) could decline to as low as $1,270 at some point this year, according to pricing implied by prediction markets.

The forecast reflects elevated uncertainty around macroeconomic conditions, liquidity trends, and crypto market volatility, rather than a definitive outlook. Prediction markets represent collective sentiment, not guaranteed outcomes.

MASSIVE

Ethereum is reportedly being evaluated as a potential blockchain infrastructure for the issuance of a Euro-denominated stablecoin, signaling a notable shift in regulatory and governmental attitudes toward public blockchains.

Rather than questioning the viability of public blockchain networks, policymakers are increasingly focused on selecting platforms that meet standards of security, scalability, and neutrality.

BREAKING

BlackRock CEO Larry Fink warned that if U.S. debt obligations were to grow beyond sustainable levels, it could eventually undermine confidence in the U.S. dollar’s global standing.

Fink suggested that persistent fiscal imbalance and uncontrolled debt servicing costs may weaken the dollar’s credibility, potentially accelerating discussions around alternative reserve assets and monetary diversification.

HUGE

Former President Donald Trump stated that the United States and Japan are moving toward a significant expansion in U.S. energy exports to support Japan’s automotive fuel needs, according to his remarks.

While no official agreement confirming 100% sourcing has been released, the statement highlights ongoing discussions aimed at deepening U.S.–Japan energy cooperation and reducing Japan’s reliance on other foreign suppliers.

Venezuela has shipped crude oil to Israel for the first time in years, marking a significant shift in its export patterns following the reopening of Venezuelan oil exports after the capture of President Nicolás Maduro by U.S. forces.

According to multiple reports, the cargo is bound for Israel’s Bazan Group, the country’s principal oil refiner, in what would be the first Venezuelan oil delivery to Israel since 2020.

BREAKING

Ferrari has expanded its cryptocurrency payment options, now accepting Ethereum ($ETH) for vehicle purchases in both the United States and Europe, according to reports.

The move underscores a broader trend among luxury brands adapting to evolving customer behavior, as high-net-worth clients increasingly engage with on-chain assets and digital payment rails.

Rather than leading adoption, payment infrastructure is aligning with demand that already exists—signaling continued normalization of crypto within premium consumer markets.

CLARITY ACT TALKS: NO FINAL DEAL, BUT PRESSURE BUILDS

Today’s White House meeting concluded without a final agreement on the issue of stablecoin yield. However, the outcome signals continued momentum rather than failure.

The session functioned as a pressure mechanism, narrowing differences and sustaining engagement between key stakeholders.

BREAKING

JPMorgan has revised downward its target price for Coinbase (COIN), cutting the estimate to $290 from $399, according to the latest analyst update.

The revision reflects a reassessment of market conditions and company-specific factors, and may influence short-term investor sentiment toward crypto-related equities.

BREAKING

Unverified claims circulating on social media allege that former President Donald Trump made remarks linking military action to a continued surge in Bitcoin prices. No official confirmation or credible source has substantiated these statements.

Despite the lack of verification, the rumor briefly impacted market sentiment, with Bitcoin experiencing short-term selling pressure amid heightened uncertainty.

Market participants are advised to rely on official statements and credible sources, as politically driven misinformation can trigger temporary volatility without underlying fundamentals.

MASSIVE:

Visa is now settling stablecoin transactions on Ethereum.

One of the world’s largest payment networks is quietly upgrading its rails.

Finance is going on-chain by necessity.

BREAKING

U.S. Senator Marco Rubio warned that the global dominance of the American dollar is approaching a critical turning point, stating that within the next five years, the United States may lose its ability to effectively enforce sanctions through the dollar-based financial system.

Rubio’s remarks reflect growing concerns among U.S. policymakers about de-dollarization, geopolitical shifts, and the increasing use of alternative payment systems and currencies in international trade.

JUST IN

Federal Reserve Governor Christopher Waller stated that price declines in the cryptocurrency market are not unusual, noting that similar downturns have occurred in the past and that major corrections are a normal feature of emerging asset classes.

Reflecting on Bitcoin’s historical price evolution, Waller remarked that “years ago, if someone had said Bitcoin would reach $10,000, the reaction would have been disbelief,” highlighting how perceptions around crypto valuations have shifted over time.

CRYPTO AND BANKING SECTORS TO MEET TUESDAY OVER STABLECOIN REGULATION

The White House will host a second round of discussions on Tuesday, February 10, bringing together major banks and cryptocurrency industry representatives to address the regulatory framework for stablecoins.

According to sources familiar with the matter, officials aim to revisit unresolved issues—particularly whether crypto companies should be allowed to offer interest-bearing stablecoins—in an effort to reach a regulatory compromise.

Executives and representatives from major financial institutions, including Bank of America, JPMorgan Chase, and Wells Fargo, are expected to attend, alongside crypto industry leaders and trade groups representing firms such as Coinbase, Ripple, and Circle.

The meeting is intended to break the current legislative deadlock and support progress on the Clarity Act, a bill seen as central to establishing clearer rules for the digital asset sector.

BREAKING NEWS

🇺🇸 According to current congressional counts, House Democrats are reportedly two votes short of advancing impeachment proceedings against former President Donald Trump, with a potential decision window extending until March 31.

JUST IN

The U.S. dollar selloff is accelerating, down roughly 1% against the Japanese yen and Swiss franc.

📉 What this signals:

Risk-off flows into safe-haven currencies

Growing pressure on the USD carry

Sensitivity to rates, macro data, and policy expectations

Historically:

A weaker dollar can ease financial conditions

It often acts as a tailwind for commodities and risk assets, including crypto

CLAIM / CONTEXT

Comments attributed to Tether CEO Paolo Ardoino are circulating online, suggesting that recent crypto market conditions may be linked to actions by major exchanges, including Binance.

⚠️ Important clarification:

No verified quote confirms Ardoino directly blamed Binance

Tether has not issued an official statement assigning responsibility

Market conditions are influenced by liquidity, leverage, macro factors, and positioning, not a single actor

UPDATE

The Bithumb internal miscredit incident involving 620,000 BTC has been resolved.

According to reports:

99.7% of the miscredited amount was recovered

The remaining 1,788 BTC was covered using Bithumb’s own reserves

Customer balances are now 100% backed

⚠️ Important clarification:

No Bitcoin was created on-chain

The issue stemmed from an internal ledger/system error, not the Bitcoin network

MASSIVE (UNCONFIRMED / RUMOR)

Claims circulating online suggest that President Trump may support eliminating capital gains taxes on Bitcoin and crypto investments.

⚠️ Important context:

No executive order, bill, or official statement confirms a 0% capital gains policy

Any change to capital gains taxes would require Congressional approval

No details exist on scope, thresholds, or implementation

At this stage, this is speculation, not policy.

If such a proposal were ever advanced, it would be a major shift for:

Crypto adoption

Investor behavior

U.S. tax policy

RUMORS (UNCONFIRMED) 🇺🇸

Claims circulating online allege that some Coinbase users are experiencing Bitcoin withdrawal delays, sparking speculation that the exchange may be facing liquidity constraints.

⚠️ Additional claims suggesting Coinbase “dumped BTC to buy back lower” are unverified and not supported by on-chain or official data.

Important context:

Withdrawal delays can occur due to network congestion, maintenance, or compliance checks

No evidence shows Coinbase is “out of Bitcoin”

Coinbase has made no statement confirming liquidity issues

BTC trading near $71,000 contradicts claims of a failed buyback narrative

At this stage:

❌ Insolvency claims → not proven

❌ Market manipulation claims → speculative

✅ User reports of issues → require verification

Until official confirmation or on-chain proof emerges, this should be treated as rumor, not fact.