Ethereum

Pump.fun completed its acquisition of crypto trading service Vyper last week, integrating its automation tools into the company's Terminal platform while Vyper winds down most operations on February 10, 2026. The move follows Pump.fun's October 24 purchase of Padre and comes as total memecoin market value has fallen from over $100 billion in December 2024 to about $28 billion, with the platform's monthly revenue dropping from more than $137 million in January 2025 to roughly $31 million by January 2026. Despite the downturn, around 30,000 new tokens were launched on February 2, 2026, underscoring ongoing demand for trading automation and multi-chain tools.

Bitwise filed a registration statement for a spot Uniswap ETF with the U.S. SEC on Feb. 5. The proposed UNI fund would initially exclude staking and names Coinbase Custody Trust Company LLC as custodian if approved. UNI traded at $3.33, down 7.91% over 24 hours, while volume jumped more than 90% to $692.7 million.

Cardano founder Charles Hoskinson has cautioned during a livestream from Tokyo that the ongoing crypto downturn could deteriorate further, as Bitcoin trades near $66K and Ethereum hovers around $1.9K amid sharp volatility. Against this backdrop of thinning liquidity and wider spreads, LiquidChain is promoting its $LIQUID token presale, having raised over $529K at a price of $0.01355 while pitching a unified cross-chain liquidity layer for Bitcoin, Ethereum, and Solana.

On February 6, 2026, Trend Research transferred more than 94,000 ETH worth nearly $200 million to Binance to help reduce its overleveraged Ethereum position on Aave. The entity has in total deposited 235,588 ETH valued at about $516.16 million to Binance in order to sell ETH and repay stablecoin debt, while 356,150 ETH worth $671 million remains at risk of liquidation with trigger levels between $1,562 and $1,698. Ethereum is trading at $1,923, after falling 7.25% in 24 hours and nearly 30% over seven days amid a broader crypto market downturn.

Analysts tracking the current rotation into higher-beta assets highlight Maxi Doge amid accelerating on-chain flows. According to its presale page, $MAXI has raised $4,574,543.08 at $0.0002802 per token, while Etherscan shows $503K in whale buys, including a single $252K transaction on Oct 11, 2025.

Over the past few days, Bitcoin has fallen to around $60,000 before recovering to roughly $66,400, while Ethereum briefly dropped near $1,750 and trades close to $1,900 with a weekly loss of about 30%. Analysts cite selling from large BTC holders, spot ETH ETF outflows, and on-chain metrics as factors supporting a bearish outlook, though some see extreme fear as a potential bottom signal. In contrast, Hyperliquid's HYPE token has surged about 60% in two weeks, helped by new developments, backing from Ripple, and record HIP-3 trading activity.

On 6 February 2026, Bitwise filed an S-1 with the U.S. SEC for a spot Uniswap ETF that would hold UNI directly, with Coinbase Custody named as custodian if approved. Staking is excluded at launch but could be added in future amendments. UNI traded near $3.32 with a 0.72% intraday gain, yet remained down 8.09% over seven days and 21.73% over one month.

On February 6, 2026, Aave founder Stani Kulechov sold 4,503 ETH valued around $8.36 million through CoW Protocol as Ether traded under $2,000. On-chain records indicate several WETH-to-USDC swaps from a wallet attributed to him, followed by USDC inflows back to the same address.

On Friday, Feb. 6, around 34,000 Bitcoin options contracts worth roughly $2.1 billion and about 217,000 Ethereum options contracts valued at $400 million are scheduled to expire. Bitcoin options show a put/call ratio of 0.59 with max pain near $82,000, while broader crypto markets have dropped to a total capitalization of $2.27 trillion and Bitcoin has fallen below $60,000 after losing 50% from its all‑time high.

On February 5, 2026, Strategy reported a $12.4 billion net loss for Q4 2025, driven by mark-to-market declines on its Bitcoin holdings. Bitcoin briefly fell below $60,000, pushing the position under its cumulative cost basis for the first time since 2023, while the firm announced no new equity or debt alongside earnings.