Trump signs funding bill, ending the partial government shutdown in the U.S.
On February 3 local time, U.S. President Trump signed a government funding bill in the Oval Office, resolving the partial government shutdown that began on January 31. The bill provides funding for several federal departments until September 30, the end of the current fiscal year, while also providing two weeks of funding for the Department of Homeland Security to facilitate further negotiations to improve its operations. Previously, the U.S. House of Representatives had voted to pass the funding bill.
The Ethena Foundation launches a 6-month incentive program, rewarding users related to USDe transactions.
The Ethena Foundation announced the launch of the 'Ethena Exchange Points' incentive program, lasting six months, mainly rewarding users for real transactions using USDe as core collateral on exchanges based on Ethena technology, such as Ethereal and HyENA. The plan includes two sub-projects, each typically distributing 100 million points per week to eligible users, targeting trading behaviors using USDe as margin collateral, with results updated weekly to user accounts. This plan is independent of and can be stacked with the Ethena season 5 points plan, while setting anti-manipulation measures to exclude self-trading, wash trading, and may implement a single-account cap and post-distribution review.
The American Bankers Association responded to the White House cryptocurrency meeting, emphasizing that legislation needs to support local credit supply.
Regarding the cryptocurrency industry meeting held at the White House, the American Bankers Association (ABA) issued a statement thanking the Trump administration for facilitating constructive dialogue, while emphasizing that any legislation related to cryptocurrency market infrastructure must support local credit supply for families and small businesses, maintaining the safety and stability of the financial system. In addition, the ABA called on Congressional senators to close regulatory loopholes, prohibiting cryptocurrency companies from paying consumers interest or returns on stablecoins, stating that this is one of the core differences between traditional banks and the cryptocurrency industry, expressing concern that such actions would exacerbate bank deposit outflows and trigger interest rate competition. The White House is expected to continue promoting follow-up consultations to seek a compromise between innovation and stability.
Vitalik: L2 must innovate or expand to the limit; otherwise, the initial vision will no longer apply.
Ethereum founder Vitalik Buterin stated that with the significant expansion of the Ethereum main chain (L1) and the increase in Gas limits, the originally positioned 'branded shard' Layer 2 network (L2) is no longer necessary. He believes that L2 cannot fully meet the 'branded shard' characteristics, and some projects may remain in phase 1 for a long time to comply with regulatory requirements. Therefore, L2 needs to be repositioned, no longer simply pursuing expansion, but should offer unique additional features such as privacy virtual machines, application-specific efficiency, and extreme scalability. At the same time, L2 must at least maintain phase 1 standards and achieve interoperability with Ethereum as much as possible, exploring integration with native Rollup precompiled contracts to ensure user awareness rights. The future L2 ecosystem will present diversification, focusing on different functions and scenarios.
Ondo launched US stock IPO on-chain trading services and perpetual futures platform.
Ondo announced the launch of Global Listing services, allowing U.S. stock IPO listings to be almost real-time on-chain, enabling trading on mainstream blockchains on the first day of listing through the Ondo Global Markets platform. At the same time, Ondo launched the Ondo Perps platform, allowing global non-U.S. users to trade perpetual futures of major U.S. stocks and ETFs 24/7, with leverage available and tokenized securities accepted as collateral (not limited to stablecoins). On the first day of launch, users can trade tokenized stocks such as AAPL, AMZN, NVDA, as well as perpetual contracts for commodities like gold and silver. Currently, a waitlist for user registration is open.
MetaMask integrates Ondo Finance, launching tokenized U.S. stock trading functionality.
MetaMask and Ondo Finance announced a partnership to integrate Ondo Global Markets into the MetaMask mobile wallet on February 3, 2026, providing trading services for over 200 tokenized U.S. stocks, ETFs, and commodities for eligible non-U.S. users.
Kraken's parent company reported $2.2 billion in revenue for 2025, a 33% year-over-year increase.
Payward, the parent company of cryptocurrency exchange Kraken, reported its 2025 performance, with adjusted revenue reaching $2.2 billion, a year-over-year increase of 33%; adjusted EBITDA grew 26% to $531 million. Among them, trading business revenue accounted for 47% of total revenue, while the rest came from non-trading businesses such as custody, payment, and financing. Additionally, the company’s total trading volume grew 34% to $2 trillion, with platform assets reaching $48.5 billion, and the number of customer accounts growing by 50% to 5.7 million, with some growth stemming from acquisitions. Daily revenue trading volume of futures products increased by 119% year-over-year.
Galaxy's 2025 financial report: Total assets of $12 billion, completed multiple acquisitions and financing.
Galaxy Digital, a provider of digital assets and data center infrastructure listed on Nasdaq, released its 2025 annual report, reporting total assets of $12 billion at year-end, with net inflows of $2 billion in asset management business and holding $2.6 billion in cash and stablecoins. It is reported that Galaxy strengthened its balance sheet by raising $325 million in equity capital and issuing $1.3 billion in exchangeable senior notes, and has completed the acquisition of staking software development company Alluvial Finance.
Documents show that Epstein may have invested $3.25 million in Coinbase in 2014.
Documents released by the U.S. Department of Justice show that Epstein may have invested $3.25 million in cryptocurrency exchange Coinbase in 2014. Related emails indicate that entities associated with Epstein acquired 195,910 shares of Series C stock for $3.25 million when Coinbase was valued at $400 million through three independent LLCs. The documents do not show direct transactions between Coinbase executives and Epstein, nor do they clarify whether executives were aware of the ultimate beneficiary of the investment at that time.
Franklin Templeton executive: Future digital wallets will hold all of people's assets.
Sandy Kaul, Innovation Director at Franklin Templeton, stated at the Ondo summit that the next phase of asset management will be 'wallet-native' rather than simply digitalized. In the future, all financial assets such as stocks, bonds, and funds will be held and managed through tokenized digital wallets. WisdomTree executive Will Peck stated that customer interest in tokenization is growing, especially among cryptocurrency-native companies. He believes that the current wave of tokenization is comparable to the launch of ETFs 30 years ago, and asset management companies are preparing for seamless global access and personalized investment portfolios.
The Moscow trading platform plans to launch futures contracts related to SOL, XRP, and TRX in 2026.
According to CoinDesk, the Moscow trading platform plans to launch a cryptocurrency index for Solana (SOL), Ripple (XRP), and Tron (TRX) in 2026, and is expected to subsequently launch related futures contracts.
BlackRock deposited a large amount of BTC and ETH into Coinbase.
According to Onchain Lens monitoring, BlackRock has deposited 1,134.13 BTC (valued at approximately $88.69 million) and 35,358 ETH (valued at approximately $80.65 million) into Coinbase, and does not rule out further deposits.
BitMine purchased 20,000 ETH through FalconX, approximately $46.04 million.
On-chain analyst Yu Jin monitored that BitMine continues to buy ETH to lower the average holding price, purchasing 20,000 ETH through FalconX, valued at approximately $46.04 million.
Yi Lihua: ETH target price is above $10,000; firmly optimistic about the crypto bull market.
Liquid Capital (formerly LD Capital) founder Yi Lihua stated that he remains optimistic about a new round of bull markets in cryptocurrency, expecting ETH to break $10,000 and BTC to exceed $200,000. He mentioned that Liquid Capital has only made some adjustments to control risk and has not changed its bullish expectations. Although the 1011 incident led to liquidity shortages and some platforms exhibited manipulative behavior, the long-term trend of the cryptocurrency industry remains unchanged. Currently, it is the best time to buy spot, and volatility is a norm in the industry. Historically, many bulls have exited due to volatility, only to welcome a doubling rebound afterward.
Trend Research transferred 65,000 ETH to Binance in a single day, expecting a loss of over $50 million.
On-chain analyst Ai Yi monitored that Trend Research transferred 20,000 ETH to Binance again, bringing the total daily transfer to 65,000 ETH (valued at approximately $150 million), with an expected loss amount of $51.03 million.
UBS Group increased its stake in Strategy, with total shareholding reaching 5.76 million shares.
According to CoinDesk, Switzerland's largest bank UBS Group increased its stake in Bitcoin reserve company Strategy by 3.23 million shares, increasing its total shareholding to 5.76 million shares, valued at approximately $805 million.
Cipher Mining plans to issue senior secured notes to raise $2 billion.
Cipher Mining, a Bitcoin mining company listed on Nasdaq, announced plans to issue senior secured notes to qualified institutional investors to raise a total of $2 billion, with the guarantors being Cipher Black Pearl and 11786 Wink LLC. The net proceeds from this fundraising will be used to pay the remaining construction costs of the high-performance computing data center in Wink, Texas, to supplement debt service reserves, and to pay related expenses and costs.
Coinbase will launch spot trading for Tria (TRIA).
Coinbase's official announcement shows that the platform will soon launch spot trading for Tria (TRIA).
Trump insists on a thorough investigation of Federal Reserve Chairman Powell, ignoring Republican obstruction.
On Monday local time, U.S. President Trump stated that the criminal investigation against Federal Reserve Chairman Powell should continue, ignoring the obstruction from Republican senators—who threatened to block Trump's nominee for the Federal Reserve chairman successor unless the investigation is stopped. Trump stated that the lead investigator, Washington D.C. federal prosecutor Janina Pirro, should 'investigate thoroughly and reach a conclusion.'
Federal Reserve Governor Milan: Interest rates need to be cut by about 1 percentage point this year.
Federal Reserve Governor Milan stated that the Federal Reserve needs to cut interest rates by about 1 percentage point this year to adapt to the needs of economic development.
Milan resigned from the position of Chairman of the White House Economic Advisors Council.
White House officials revealed that Federal Reserve Governor Milan has resigned from the position of Chairman of the White House Economic Advisors Council. Milan has been on leave since joining the Federal Reserve in September 2025, and he will continue to serve as a Federal Reserve governor until a successor is confirmed. Milan himself declined to comment on the resignation.
The probability of the Federal Reserve maintaining interest rates unchanged in March is 91.1%.
According to CME's 'FedWatch' data, the probability of the Federal Reserve cutting rates by 25 basis points in March is 8.9%, and the probability of maintaining the current interest rate is 91.1%; the cumulative probability of cutting rates by 25 basis points in April is 22.5%, with a probability of maintaining interest rates unchanged at 76.0%, and the cumulative probability of cutting rates by 50 basis points is only 1.5%; the cumulative probability of cutting rates by 25 basis points in June is 46%.
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Disclaimer: The content of this article is for reference only and does not constitute any investment advice. Investors should rationally view cryptocurrency investments based on their own risk tolerance and investment goals, and should not blindly follow the trend.