On a fourth-quarter earnings call, Strategy CEO Phong Le said the company's balance sheet remains stable and its Bitcoin reserves still cover its convertible debt. He noted that only if BTC fell to $8,000 and stayed there for five to six years would the firm need to consider restructuring or raising additional capital, while Executive Chairman Michael Saylor reaffirmed the company's long-term Bitcoin strategy.

Vitalik Buterin linked wallets offloaded 6,183 ETH over a three day span as Ether slipped below $2,000, with initial disclosures noting 2,961 ETH before a quick update raised the total. ETH hovered near $1,900 after sharp daily and weekly losses, while large holders repositioned through sizable sales and selective dip buying.

Bitcoin fell to roughly $60,000 before rebounding toward $65,000, with Santiment on February 6 linking the recovery to a spike in social media calls for the price to move lower. The pullback erased weeks of gains and left BTC nearly 9% down on the day and about 30% lower over the past month, while traders remain split on whether extreme fear and heavy short positioning can drive a move back toward $70,000 or signal further downside.

Crypto firms have floated giving community banks a bigger role in stablecoins, including holding part of issuers' reserves, to salvage a market‑structure bill. An analyst warned stablecoins may drain up to $500 billion of deposits by 2028, while supply has grown about 40% over the past year. Talks reportedly remain unresolved.

Bitcoin fell below $71,000 and was trading near $70,500, while an analyst’s power-law model indicated a fair value of about $122,762, implying a 41% discount. The study highlighted rising leveraged positioning, elevated implied volatility above 43, and over $2.3 billion in futures and options open interest as signs of stress in derivatives markets.

On February 4, the Financial Times reported that Tether has lowered its fundraising ambition to at least $5 billion after initial discussions around a $15–$20 billion raise tied to a roughly $500 billion valuation drew investor resistance. CEO Paolo Ardoino said the higher number was only a maximum amount the company might sell and stressed that Tether, which issues about $185 billion worth of USDT and reportedly earned around $10 billion in profit last year, does not urgently need outside capital.

A dataset containing 149 million stolen credentials, including access details for about 420,000 Binance accounts, was reported circulating among cybercriminals this week. Security researchers say the information comes from infostealing malware that harvests passwords, private keys, API keys and session tokens from infected devices. Recent data also indicates multi‑billion‑dollar crypto losses and rising attacks on exchanges and large organizations.

On Monday, Bitcoin dropped below $75,000 to its weakest level since April 2025 amid a sharp, cross-asset sell-off. According to market data, natural gas plunged 15.5% in a single day, while silver fell 8% and gold slid 5.5%, with Bitcoin down about 13% over the past week and roughly 40% from its October 2025 peak. The downturn has wiped out hundreds of billions from crypto valuations in two weeks, as analysts point to liquidity and leverage rather than a single macro catalyst.

The U.S. Department of Justice has finalized the forfeiture of more than $400 million in cryptocurrencies, cash, and real estate connected to the Helix Bitcoin Mixer, concluding litigation against its operator Larry Dean Harmon in January 2026. Helix, active from 2014 to 2017, processed over 354,468 Bitcoin allegedly tied to criminal activity, while Harmon was charged in 2020 and later sentenced in 2024 to prison time, supervised release, and asset forfeiture. The case unfolds amid broader U.S. regulatory action on crypto mixers and a policy shift on criminal enforcement for certain regulatory violations involving exchanges and developers.