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​​Treasuries & ETFs Board. Crypto Accumulation and Capital Flows

Selective corporate accumulation continues, with Strategy adding 1,142 BTC ($90.0M), bringing their total holdings to 714,644 BTC ($54.3B). Over the past week, BTC and ETH spot ETFs saw approximately $920M and $167M in net outflows, respectively.

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​​Binance Wallet Launches Espresso Pre-TGE Prime Sale

Eligible users can subscribe with up to 3 BNB under an oversubscription model, with allocations determined on a pro-rata basis. ESP tokens will be airdropped to Binance Alpha accounts on the TGE date.

Espresso is a decentralized infrastructure designed to improve scalability and privacy for blockchain networks.

👉 x.com/BinanceWallet/status/2020815231358758987?s=20

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​​Galaxy Digital approves $200M share buyback program

Galaxy Digital shares jumped 18% after the firm approved a $200 million share buyback, signaling confidence in its balance sheet. The move comes despite a Q4 net loss, with Galaxy pointing to strong liquidity and adjusted profits to support the decision.

👉 coindesk.com/markets/2026/02/06/galaxy-digital-shares-jump-18-after-company-approves-usd200-million-buyback

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​​2025 Market Snapshot: Perpetual DEXs

Perpetual DEXs quietly dominated 2025, with total trading volume surging 191% YoY to over $12T. Platforms like Hyperliquid, Lighter, and Aster captured the bulk of activity as onchain perps continued to eat into CEX market share.

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​​Based has unveiled BASED tokenomics and TGE date

BASED has a fixed supply of 1 billion tokens, with 36% allocated to the community. The TGE is set to launch for March 2026. Based is a consumer-focused platform combining trading, prediction markets, payments, and on-chain commerce into a single ecosystem.

👉 x.com/BasedFnd/status/2020489920222282164?s=20

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​​MAJOR UPCOMING EVENTS THIS FEBRUARY!

A full list of Major Upcoming Events, to be updated
👉 https://cryptodiffer.com/events

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Playnance Goes Public After Scaling Web2-to-Web3 Gaming

Playnance, a Web3 infrastructure and consumer platform, publicly introduces itself after years of quietly running a live Web2-to-Web3 ecosystem. The platform integrates 30+ game studios, converting thousands of games into fully on-chain experiences.

ℹ️ Activity Data
~1.5M daily on-chain transactions
- 10K+ daily active users
- Most from Web2 onboarding without wallets

Its native token G Coin is in pre-sale. Platforms like PlayW3 and Up vs Down share wallets and infrastructure, keeping all activity non-custodial and on-chain.

“We focused on building systems people can use without understanding blockchain,” – Pini Peter, CEO


Playnance plans to grow based on real user behavior, reflecting the shift toward mainstream blockchain adoption.

👉 x.com/Playnance_/status/2019404677968703955?s=20

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​​Binance Completes Purchase of 3,600 BTC for SAFU Fund

The Binance Secure Asset Fund for Users (SAFU) BTC wallet now holds 6,230 BTC, publicly verifiable via the on-chain address 1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD.

Binance previously stated it plans to fully convert SAFU holdings into Bitcoin within 30 days of the original announcement and continues executing that strategy through incremental BTC purchases.

👉 x.com/binance/status/2019738114454086105?s=46

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​​Pump fun acquires Vyper, a trading execution terminal

Pump fun has acquired Vyper to strengthen its cross-chain trading infrastructure. Vyper’s team and technology will be integrated into Pump fun’s Terminal, while the standalone Vyper product will be phased out.

Vyper is a non-custodial memecoin trading terminal built for fast execution, real-time tracking, and token launching.

👉 x.com/TradeonVyper/status/2019530747032305891?s=20

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​​Binance Futures will launch TRIAUSDT Perpetual Contract

Binance is set to launch the TRIAUSDT perpetual contract today at 12:15 UTC. Tria is a Web3 Neobank uniting cross-chain finance, real-world cards, and seamless on-chain operations.

👉 x.com/triakorea/status/2019720132583629194?s=20

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​​Where value was lost in 2026: Top 10 Worst Performers

The first weeks of 2026 turned brutal. These projects didn’t just retrace — they erased hundreds of millions in FDV as liquidity vanished fast.

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​​Trump-linked World Liberty Financial sells Bitcoin

WLFI first sold 73 WBTC (~$5M) at around $69,000, after which it sold an additional 100 WBTC for ~$6.7M, converting the proceeds into USDC.

In total, the Trump-linked entity has sold 173 WBTC (~$11.75M) within roughly 10 hours, likely to repay its Aave USDC loan and avoid liquidation, based on on-chain data.

👉 Wallet Activity

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Rainbow (RNBW) Overview. TGE Metrics, Token Features & Auction Details

Rainbow is an open-source, non-custodial Ethereum wallet. Ahead of its TGE, the project is running a Continuous Clearing Auction (CCA) on Uniswap. The total supply is 1B RNBW, with 150M tokens (15%) allocated to a community airdrop.

This overview provides a snapshot of Rainbow’s wallet functionality, token mechanics, and the key metrics shaping its launch.

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Bitcoin (BTC) drops below $70,000 as market crash continues

Bitcoin has fallen below $70,000 as the broader market sell-off continues. Elevated volatility and forced deleveraging are driving downside pressure across crypto.

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SBI Holdings and Startale to launch new Layer 1 - Strium

Japan’s SBI and Startale are moving toward a blockchain that could let tokenized stocks and other real-world assets trade on-chain more like crypto — around the clock, with blockchain settlement tech under the hood.

👉 x.com/StartaleGroup/status/2019230389840277940?s=20

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​​Top 15 tokens by Price Bounce in the last 7 days

After recent pullbacks, these tokens bounced back the hardest. A look at the top 15 price recoveries over the past week.

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​​Shielded Labs revealed recent Vitalik Buterin donation

Buterin has made a donation to Shielded Labs to support the development of Crosslink, a security-focused upgrade to Zcash’s consensus architecture. The funding will help move Crosslink from prototype to an incentivized testnet and toward production.

👉 x.com/ShieldedLabs/status/2019810516810785042

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​​Giannis disclosed a minority stake in Kalshi platform

Kalshi confirmed Giannis’s stake is below 1% — which, at the reported ~$11B valuation, would worth near $110M — raising regulatory questions for the NBA despite Kalshi being regulated as an exchange rather than a gambling platform.

ℹ️ Why it raised concerns
Conflict-of-interest optics: Even a passive stake raises questions when markets reference NBA outcomes.
Market influence: A star player’s public comments can move sentiment and trading activity.
Insider knowledge risk: Players may hold non-public information, heightening concerns around market integrity.
Timing sensitivity: The NBA has already called for greater scrutiny of prediction markets, making a player’s ownership stake especially sensitive.

👉 nytimes.com/athletic/7028388/2026/02/06/giannis-antetokounmpo-kalshi-nba-prediction-market/

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​​Ondo has announced the launch of Ondo Perps

Available exclusively outside the U.S., Ondo Perps will allow 24/7 trading with up to 20x leverage on leading U.S. stocks, ETFs, and commodities, leveraging Ondo Global Markets to tap into traditional spot liquidity and deliver institutional-grade execution onchain.

👉 x.com/OndoPerps/status/2019501208646336666

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​​Crypto com CEO unveils AI com after a $70M domain deal

The beta phase launch follows the reported $70M acquisition of AI com, marking the most expensive domain purchase in history and signaling Crypto com’s expansion into mass-market AI.

👉 x.com/aidotcom/status/2020664043590090820?s=20

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State of Mobile 2026 (Short Version). Apps, AI & Autonomous Rides

Sensor Tower’s latest report highlights major shifts in mobile usage, monetization, and AI adoption.

1️⃣ Apps Overtake Games
- Global non-game app IAP revenue hit $85.6B in 2025 (+21% YoY), surpassing $81.8B from mobile games for the first time
- Just 4 years ago, game revenue was nearly 2× larger than apps
- Growth driven by GenAI apps, which added $3.5B in 2025
- Game revenue has been mostly flat since its 2021 peak

2️⃣ YouTube Dominates Attention
- YouTube is #1 across all ages and genders in the US
- Facebook skews older, Instagram younger
- TikTok is strongest among the youngest and oldest users
- ChatGPT, Discord, Reddit skew male; Pinterest, TikTok, Venmo skew female

3️⃣ AI Goes Mobile-First
- GenAI apps lead downloads, IAP growth, and time spent (2nd only to social)
- US GenAI audience surpassed 200M users by end-2025
- 110M users accessed GenAI via mobile, up from just 13M in 2024
- Mobile is now the primary growth channel for AI adoption

4️⃣ AI Is Eating Search & Commerce
- GenAI referral traffic to retail sites grew ~7× since Oct 2024
- Walmart, Etsy, Home Depot, Target saw ~1600% growth in AI-driven traffic
- AI referrals are still <1% of total retail traffic, but adoption is accelerating.
- GenAI apps mainly advertise on LinkedIn, Reddit, and X

5️⃣ Waymo Scales Autonomous Rides
- Waymo penetration reached ~4% of Uber and ~3% of Lyft users
- In SF & Phoenix, Waymo holds ~15% of rideshare MAUs
- 127M autonomous miles driven and 15M rides completed in 2025

ℹ️ Bottom Line
Apps are now the main revenue driver in mobile, AI is growing mobile-first, search behavior is shifting, and autonomous mobility is moving from experimental to operational


👉 x.com/a16z/status/2019484729234583587?s=20

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China Reiterates Blanket Ban on Crypto and RWA Tokenization

China’s central bank and financial regulators have reaffirmed a blanket ban on crypto activities, including trading, issuance, mining, and related services, while further tightening restrictions on RWA (real-world asset) tokenization.

Authorities stated that Bitcoin, Ethereum, USDT, and other cryptocurrencies have no legal tender status in China, and all related activities are classified as illegal financial activities, including exchanges, token issuance, intermediaries, and overseas platforms serving Chinese users


🔤 Key Regulatory Takeaways
- RWA tokenization is generally prohibited, treated as illegal securities or fundraising
- Exceptions apply only with explicit approval on designated financial infrastructure
- RMB-pegged stablecoins are banned without regulatory approval, including offshore issuance
- Financial institutions, payment firms, tech providers, and internet platforms cannot support crypto or RWA activity
- Crypto mining remains strictly banned, enforced at the provincial level

The notice was jointly issued by the PBoC, CSRC, NDRC, MIIT, Public Security Ministry, SAFE, and other agencies with State Council approval, replacing prior 2021 rules with a consolidated zero-tolerance framework


👉 pbc.gov.cn/tiaofasi/144941/3581332/2026020619591971323/index.html

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​​Tether Invests in t-0 Network to Power USD₮-Based Cross-Border Payments

Tether has made a strategic investment in t-0 network, a USD₮-powered settlement platform for licensed banks and fintechs, enabling near-instant, low-cost cross-border payments.

t-0 uses stablecoins as the settlement layer, allowing institutions to transact in local fiat while reducing FX exposure and operational complexity. The non-custodial, on-chain network connects regulated institutions via a single API and settles net balances only, improving efficiency over traditional correspondent banking.

USD₮ acts as the core liquidity layer, powering compliant, institutional-grade global settlements.

👉 tether.io/news/tether-announces-investment-in-t-0-network-to-support-usdt-powered-payments-system

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​​Tether Makes $150 million Investment in Gold com

Tether invested $150M to acquire about 12% of Gold com, forming a long-term strategic partnership. The deal aims to integrate Tether’s gold-backed token XAU₮ into Gold com & expand access to both tokenized and physical gold globally.

The companies are also exploring the use of stablecoins such as USD₮ and USA₮ for purchasing physical gold, subject to regulatory and technical approval.

👉 x.com/tether/status/2019520461302804919?s=20

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​​Relay Raises $17M million in Series B Funding Round

Led by Archetype and Union Square Ventures, the new funding round brings total funding to over $43M. Relay also launches the Relay Chain, a purpose-built infrastructure for instant crosschain settlement.

👉 x.com/RelayProtocol/status/2019428753999589487?s=20

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​​Gemini cuts 25% of staff, exits EU, UK and Australia

Gemini is shutting down retail accounts across the EU, UK, and Australia as part of a major global restructuring. The move comes alongside a 25% workforce reduction, highlighting mounting regulatory pressure and cost-cutting across centralized crypto exchanges.

👉 gemini.com/en-SG/blog/gemini-2-0-a-bridge-to-the-future-of-money-and-markets

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Continuous Decline Across Crypto & Financial Markets

Global markets extended losses today, with crypto and equities declining in tandem, reflecting a broad risk-off shift rather than asset-specific weakness.

Primary Factors Behind the Move:

1️⃣ Macro pressure. Persistent inflation concerns and expectations of higher-for-longer rates continue to weigh on risk assets, forcing markets to reprice growth and liquidity outlooks

2️⃣ Equity-led weakness. Major tech stocks moved lower, dragging crypto with them and signaling reduced appetite for high-beta exposure

3️⃣ High correlation. Bitcoin and Ethereum followed equities as traders cut risk, triggering technical sell-offs and short-term liquidations

4️⃣ No crypto-specific shock. There were no major protocol failures or industry events — the move remains largely macro-driven

Crypto continues to trade as a macro-sensitive asset, reacting primarily to global liquidity expectations. Volatility is likely to persist until clearer signals emerge on inflation and monetary policy

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Tether Invests $100M in U.S.-Regulated Crypto Bank Anchorage Digital

Tether has made a $100M strategic equity investment in Anchorage Digital, valuing the U.S.-regulated crypto bank at $4.2B and deepening an existing partnership around regulated digital asset infrastructure.

Anchorage Digital Bank provides custody, staking, governance, settlement, and stablecoin issuance for institutional clients. The deal coincided with Anchorage’s first employee tender offer, allowing long-tenured staff to sell shares at the same valuation, prioritizing employee liquidity over new capital


Tether pointed to its long-standing use of Anchorage’s banking, compliance, and custody stack and highlighted support for USAT, its newly launched U.S.-regulated stablecoin following the GENIUS Act. Bloomberg previously reported Anchorage explored a $200–400M raise.

👉 theblock.co/post/388639/tether-deepens-ties-with-anchorage-digital

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Layer 1s vs Layer 2s. 2025’s Biggest Launches

2025’s biggest launches show Layer 1s still capturing the largest valuations, led by privacy, payments, and AI-focused chains. Layer 2s, meanwhile, leaned into specialization — perps, NFTs, and AI agents — launching leaner but highly targeted ecosystems.

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Paradigm unveils Prediction Market Data Explorer Tool

Paradigm Predictions is a research and product initiative focused on prediction markets and onchain forecasting mechanisms.

The core of this new tool is a browsable, zoomable, filterable map of the prediction market landscape. It has many features that make the data easy to explore:
• Interactive market map with zoomable topics and subtopics sized by activity
• Platform and metric filters to compare markets like Kalshi and Polymarket
• Time slider to track how prediction markets evolve over days, months, or longer periods

👉 paradigm.xyz/2026/02/introducing-paradigm-predictions

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