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Vitalik Buterin Sells ETH and Converts to WETH
Vitalik Buterin has reportedly sold 493 ETH for $500,000 USDC and 659,000 GHO. According to Odaily, Buterin also converted 5,000 ETH into WETH.
US Stablecoin Regulation Faces Challenges Amid Investment Concerns
The Clarity Act, aimed at regulating US stablecoins, has encountered obstacles due to disagreements over stablecoin yields between cryptocurrency companies and banking lobbyists. According to NS3.AI, these complications have intensified following a $500 million investment by a UAE official in former President Trump's family crypto business, sparking conflict-of-interest concerns. The future of the bill remains uncertain as ethical issues, regulatory hurdles, and political dynamics hinder progress, coinciding with a decline in Bitcoin's price.
Significant BNB Transfer Between Anonymous Addresses
A substantial transfer of BNB tokens has been reported. According to ChainCatcher, at 07:43, a total of 25,588.86 BNB, valued at approximately $19.84 million, was moved from one anonymous address starting with 0xC45F to another anonymous address beginning with 0x6fB3.
Japan's Finance Minister Reaffirms Coordination with U.S. Authorities
Japan's Finance Minister, Katsuyuki Katayama, has emphasized the country's commitment to maintaining close coordination with U.S. authorities. According to Jin10, Katayama stated that Japan will continue to respond appropriately when necessary, in line with the joint statement issued by Japan and the United States in September last year. He highlighted the importance of regular coordination at various levels with U.S. counterparts to ensure effective collaboration.
SPDR Gold Trust Holdings Remain Unchanged
The world's largest gold exchange-traded fund, SPDR Gold Trust, reported no change in its holdings compared to the previous trading day. According to Jin10, the current holdings stand at 1,087.1 tons.
Venezuelan Interim President Meets U.S. Representative Amid Bilateral Agenda
On February 2, local time, Venezuelan Interim President Rodriguez met with the U.S. representative for Venezuelan affairs, Charge d'Affaires Dogu, at the presidential palace. According to Jin10, Venezuela's Minister of News and Communication announced on social media that the meeting was part of the working agenda between Venezuela and the United States.
Galaxy Digital Receives Significant WBTC Transfer
At 07:05, a substantial transfer of 350 Wrapped Bitcoin (WBTC) was made from an anonymous address to Galaxy Digital. According to ChainCatcher, the transaction involved WBTC valued at approximately $27.49 million. The transfer highlights ongoing activity in the cryptocurrency market, with significant movements between wallets and institutions.
Foreign Investors Increase U.S. Corporate Bond Purchases at Record Pace in January
Foreign investors have been purchasing U.S. corporate bonds at the fastest rate in nearly three years, according to data from JPMorgan Chase. According to Jin10, the appeal of U.S. credit assets has been bolstered by stable yields and reduced hedging costs. JPMorgan strategists Nathaniel Rosenbaum and Silvi Mantri noted in a report that while buying activity slowed in the last week of January, with average daily net inflows dropping to $240 million—a 59% decrease from the previous week—the average daily net purchase for January still reached $332 million, marking the highest level since February 2023.
Wall Street is closely monitoring whether the weakening dollar might trigger a broader withdrawal of foreign capital from U.S. assets. However, so far, foreign allocations to corporate bonds have remained resilient, indicating that the dollar's weakness has not yet led to significant capital shifts.
Wall Street is closely monitoring whether the weakening dollar might trigger a broader withdrawal of foreign capital from U.S. assets. However, so far, foreign allocations to corporate bonds have remained resilient, indicating that the dollar's weakness has not yet led to significant capital shifts.
OpenAI Founder Expresses Interest in Long-Term Partnership with NVIDIA
OpenAI's founder, Sam Altman, has expressed a strong interest in collaborating with NVIDIA, highlighting the company's AI chips as the best in the world. According to Jin10, Altman emphasized OpenAI's desire to remain a significant customer of NVIDIA for the long term, underscoring the importance of their technology in advancing AI capabilities.
California Plans $200 Million Incentive for First-Time Electric Vehicle Buyers
The California state government has announced a proposed $200 million incentive program aimed at first-time electric vehicle buyers. According to Jin10, the initiative requires participating automakers to provide matching funds to support the program. This move is part of California's ongoing efforts to promote sustainable transportation and reduce carbon emissions. The program is designed to make electric vehicles more accessible to new buyers, encouraging a shift towards environmentally friendly alternatives. Details on how the funds will be allocated and the specific requirements for automakers are yet to be disclosed.
Trump Urges Swift Passage of Funding Agreement in House
U.S. President Donald Trump announced his collaboration with House Speaker Johnson to expedite the passage of a funding agreement that recently cleared the Senate. According to Odaily, Trump emphasized the importance of quickly moving the bill through the House and onto his desk for signing into law. He urged both Republicans and Democrats to support the legislation without delay to ensure the government resumes operations. Trump stressed that no changes should be made to the current agreement and called for sincere efforts to address the issues at hand. He warned against prolonged and disruptive shutdowns, which he believes would harm the nation and benefit neither party. Trump expressed his hope for bipartisan support in voting for the bill.
Trump's Actions Against Powell Stir Controversy in Congress
Institutions have noted that before the new Federal Reserve Chair can initiate interest rate cuts, U.S. President Donald Trump may have to abandon punitive actions against Powell. According to Odaily, Trump's criminal lawsuit against Powell has angered some of his allies in Congress and prompted a key Republican lawmaker, Tillis, to vow to block all Federal Reserve nominations until the investigation concludes. Tillis remains firm in his stance. Meanwhile, Trump has not backed down, even stating his willingness to wait until Tillis retires in January 2027 before seeking Senate approval for Walsh.
Industry Leaders Address Stalled Senate Cryptocurrency Bill Negotiations
Industry leaders have initiated discussions with former Trump administration official David Sacks and other key figures to tackle stalled negotiations concerning the Senate's cryptocurrency bill. According to NS3.AI, the primary focus of these discussions is the contentious issue of stablecoin yields and their impact on market structure. The talks are intended to resolve regulatory uncertainties that are currently obstructing the advancement of crypto legislation.
JPMorgan Report: Majority of Global Family Offices Avoid Cryptocurrency Investments
A recent report by JPMorgan indicates that 89% of global family offices are not investing in cryptocurrencies, despite ongoing geopolitical uncertainties. According to NS3.AI, the report also reveals that 72% of these offices are steering clear of gold, traditionally seen as a hedge asset. The volatility and unstable correlations associated with cryptocurrencies are cited as barriers to adoption. However, 17% of family offices are contemplating digital assets as a strategic theme for the medium to long term, with investments in artificial intelligence gaining more popularity.
U.S. Stock Indices Close with Gains Amid Investor Optimism
The three major U.S. stock indices concluded the day with positive gains, indicating a wave of optimism among investors. According to NS3.AI, the S&P 500 rose by 0.54%, the Nasdaq increased by 0.56%, and the Dow Jones gained 1.05%. This upward movement reflects broad market confidence.
U.S. Government Seizes Over $400 Million in Assets Linked to Darknet Bitcoin Mixer
The U.S. government has confiscated assets exceeding $400 million, including bitcoin, cash, and real estate, connected to the darknet bitcoin mixer Helix. According to NS3.AI, this action follows the conviction of Larry Dean Harmon for money laundering. Helix facilitated the processing of more than 354,000 bitcoin between 2014 and 2017, primarily catering to darknet drug markets. Harmon received a prison sentence and was mandated to forfeit his assets. Following his release, Harmon intends to engage in legitimate business activities.
OpenAI Seeks Alternatives to NVIDIA AI Chips for ChatGPT
OpenAI is reportedly dissatisfied with the response speed of NVIDIA's hardware when handling complex queries from ChatGPT users. According to Jin10, OpenAI has identified the need to replace NVIDIA's latest AI chips in certain situations and began exploring alternative solutions last year.
K-Bank Seeks Trademarks for Stablecoin Wallets
K-Bank, a South Korean internet-only bank, has filed applications for 13 trademarks related to stablecoin wallets, including names such as KSC Wallet and Kbank Wallet. According to NS3.AI, this move is unprecedented for an internet-only bank in South Korea and seems to be part of K-Bank's strategy to establish itself as a leader in stablecoin usage and payment infrastructure development.
MultiversX Integrates Google's Universal Checkout Protocol for Enhanced AI Interactions
MultiversX has achieved a milestone by becoming the first blockchain to integrate Google's Universal Checkout Protocol (UCP). According to NS3.AI, this integration facilitates advanced AI interactions with the network, allowing AI systems to perform tasks such as checking wallet balances, transferring tokens, and executing transactions on MultiversX. This development marks a significant step forward in enhancing blockchain usability and AI interoperability.
Bitcoin(BTC) Drops Below 78,000 USDT with a Narrowed 1.11% Increase in 24 Hours
On Feb 02, 2026, 20:59 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 78,000 USDT and is now trading at 77,944.148438 USDT, with a narrowed narrowed 1.11% increase in 24 hours.