Crypto

A wave of leveraged liquidations erased hundreds of billions in value, reshuffling Bitcoin’s standing among the world’s largest investable assets. Bitcoin’s sharp reversal this week has pushed it outside the world’s 10 largest assets by market capitalization, underscoring how difficult price action has been in recent months as markets continue to digest the cryptocurrency industry’s largest forced liquidation on record. Hovering around $83,000 per coin, Bitcoin’s (BTC) market capitalization has slipped to about $1.65 trillion, ranking it 11th globally. That places it just behind Saudi Aramco, the state-run oil giant, and below Taiwan Semiconductor Manufacturing Co. (TSMC), according to market data trackers. By contrast, gold has surged to the top spot by a wide margin following a record-breaking rally, cementing its position as the world’s largest asset. The gains have been accompanied by explosive growth in gold futures activity, a trend highlighted in recent data by cryptocurrency exchange MEXC. Read more

An official said that Hong Kong authorities would work on a draft framework, and had begun processing license applications for stablecoin issuers and addressing crypto taxes. Christopher Hui, Secretary for Financial Services and the Treasury of Hong Kong, said local financial regulators are planning to submit a draft framework related to digital assets sometime in 2026. In comments prepared for a Friday policy briefing of the Hong Kong Legislative Council's Finance Committee, Hui said the Financial Services and the Treasury Bureau and  Securities and Futures Commission planned to submit a draft ordinance related to regulations for providers offering crypto advisory services. He added that the two regulators were consulting the public after releasing a digital asset consultation paper in December.   In addition, Hui said that the Hong Kong Monetary Authority (HKMA) had begun processing license applications for stablecoin issuers and would address reporting digital assets on taxes.  Read more

A new special purpose acquisition vehicle (SPAC) tied to crypto exchange Kraken completed its IPO, raising $345 million.

WLD is rallying right now, but market movement shows bullishness didn't start with OpenAI – Worldcoin price predictions may have the base for a more sustained run. The post Worldcoin Price Prediction: Up 50% in Days as OpenAI Buzz Explodes – Is a Violent Second Pump About to Hit? appeared first on Cryptonews.

Despite crypto’s promise of faster, cheaper transactions, the payments giants aren’t buying the stablecoin pitch, at least not in developed markets.

Stablecoin rewards and the Clarity Act widen the divide between crypto and TradFi, according to people who spoke with the WSJ.

Crypto policy has shifted in Washington as Trump has lined up Kevin Warsh for Fed chair, the Senate Agriculture Committee has advanced the CLARITY Act 12–11, and the SEC has warned tokenized securities stay under law. Ripple comments and a Feb. 2 White House stablecoin meeting have added pressure. The post Weekly Crypto Regulation Roundup: Trump Taps Fed Pick and SEC Issues Tokenization Warning appeared first on Cryptonews.

Bitcoin spot ETFs have posted $817.9M in net outflows on Jan. 29 as BTC dipped to $81,200, breaking $84,000 support. BlackRock’s IBIT led redemptions, with FBTC and GBTC also down. Analysts cite tariff jitters, Fed pause, $1.8B liquidations, and a Fear and Greed reading of 16. Total inflows: $55.5B. The post Bitcoin ETFs Bleed $817M as BTC Crashes to 9-Month Low – Is the Worst Over? appeared first on Cryptonews.

Bitcoin faces fresh pressure as $1.875B exits US spot ETFs ahead of the Fed decision. Is BTC nearing a breakdown or setting up for consolidation? The post Bitcoin Price Prediction: $1.875 Billion Pulled From BTC – Are We Hours Away From a Major Breakdown? appeared first on Cryptonews.

XRP has dropped to $1.77, and analysts warn that staying below $1.80 could lead to a further decline toward $1.50 amid rising sell pressure.

A single wallet roundtripped $142.5 million in unrealized profit on Hyperliquid, peaking on Jan. 13 before collapsing to a negative $8.76 million loss as of Jan. 29. Meanwhile, all of this was visible in real time through public dashboards. The trader built a reputation during October 2025's historic liquidation wave and now operates under a […] The post October Trump tariff trader loses $100M erasing all 10/10 gains after price dip appeared first on CryptoSlate.

The Ethereum co-founder wants to pursue an “aggressive” roadmap that will strengthen its status as a decentralized world computer.

The conditional approval moves the Latin American fintech into the bank organization phase as it seeks to expand regulated banking and crypto services in the United States. Nubank has received conditional approval from the US Office of the Comptroller of the Currency (OCC) to form a national bank, a step that allows the fintech to offer deposits, lending, credit cards and digital asset custody in the United States. The approval moves Nubank into the bank organization phase, during which it must meet capitalization and supervisory conditions and secure additional approvals from the Federal Deposit Insurance Corporation and the Federal Reserve before launching operations. According to a company announcement on Friday, the US bank will be led by co-founder Cristina Junqueira, with former Central Bank of Brazil president Roberto Campos Neto serving as board chair. Nubank said it aims to fully capitalize and open the bank within 18 months, subject to regulatory approval. Read more

Whale-driven activity on Binance surged to nearly 0.65 in January.

The former Federal Reserve governor has invested in crypto firms, criticized bitcoin’s role as money and argued for a U.S. digital dollar.

U.S. President Donald Trump has nominated Kevin Warsh to replace Jerome Powell, elevating a former Fed governor with mixed views on crypto.

Bitcoin sentiment on Myriad flipped bearish for first time in two months as traders bet on further downside amid shutdown fears and extreme market volatility.

Ethereum's most infamous experiment is back. Not as a venture fund, but as something the ecosystem arguably needs more: a permanent security budget. On Jan. 29, a group of Ethereum veterans announced plans to convert roughly 75,000 ETH in decade-old recovery funds into a staked endowment whose yield will finance smart contract security work across […] The post TheDAO’s leftover rescue money sat for a decade now it’s becoming Ethereum’s permanent $220M security budget appeared first on CryptoSlate.

After years of speculation as to whether major crypto exchange KuCoin would be made available to EU users, the wait is finally over. KuCoin is officially MiCAR-compliant. The post KuCoin’s New European Chapter Begins: KuCoin EU Secures MiCAR Compliance, Celebrates With a Ball in Vienna appeared first on Cryptonews.

The conventional wisdom on Trump's pick for Fed chair says he's a hawk. Stanley Druckenmiller, who made billions fading conventional wisdom, suggests that's not necessarily so.