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According to Jinshi reports, Fed's Logan stated that the current policy stance may be very close to neutral levels, with limited dampening effects on the economy.

According to official news, Gate will launch the "Gate 2026 Spring Festival Celebration" from February 9, 20:00 to March 1, 20:00 (UTC+8). During the event, users can participate in a million red envelope rain and horse racing guessing carnival activities to win GT red envelopes and USDT rewards, sharing the New Year's good fortune.This event includes two major activities:Million Red Envelope Rain Activity: During the event, from 12:00 to 15:00 and 16:00 to 19:00 (UTC+8) each day, users can enter the event page and input the red envelope password announced by the official to participate in grabbing red envelopes, sharing a total of 1,000 GT red envelopes; an additional 200 GT luck red envelopes will be given out at 0:00 on February 17 (New Year's Eve). New users who register through exclusive links from partners or agents can also unlock co-branded new user red envelope benefits.Spring Racing Grand Prix: Users can sign up and complete designated tasks to receive racing tickets, which can be used to guess the racing results of six cryptocurrency pairs: BTC, ETH, GT, XAU, SOL, and DOGE. During the event, a round of horse racing will be held every 2 days, with a single round unlocking a maximum prize pool of 10,000 USDT, and the total prize pool for the event reaching up to 100,000 USDT. The racing results will be determined by a combination of random mechanisms and market performance, and users can share the corresponding prize pool based on the number of racing tickets they invest, according to the ranking of the winning horses.In addition, the event also sets up the "Immediate Success Leaderboard," where the top 50 users can additionally share 5,000 USDT and have the chance to receive Gate Spring Festival gift cards and 100g gold rewards.

According to the official announcement, Binance Alpha will launch Rainbow (RNBW) on February 6. Eligible users can go to the Alpha event page to claim the airdrop using Binance Alpha points after the Alpha trading opens. Further details will be announced separately.

According to the token unlocking data from the crypto asset data platform RootData, Rain (RAIN) will unlock approximately 3,705,543 tokens at 11:00 AM Beijing time on February 12, worth about 346 million USD.

Step Finance issued a statement regarding a hacking incident on platform X, disclosing that approximately $40 million was stolen from its treasury due to the compromise of an executive's device. After detecting the security vulnerability, they collaborated with cybersecurity researchers and relevant authorities to initiate an investigation into the attack and notified law enforcement. During this period, some operational activities were temporarily halted, and approximately $3.7 million in Remora assets and $1 million in other positions have been recovered.As the largest liquidity provider for Remora Markets, LP activities will resume once the system is fully secure. Remora Markets is not related to this incident, and all rTokens are still backed 1:1 by custodial collateral. At this stage, it is advised that anyone refrain from using STEP tokens until the investigation is complete. A system snapshot will be taken prior to the exploitation to ensure the safety of STEP token holders, and any updates will be released immediately once there is progress.

The crypto wallet Rainbow has released the subscription details for the RNBW token launch on Uniswap via the CCA mechanism. The pre-subscription will open on February 2 at 23:00 Beijing time and will last until February 3 at 23:00, simultaneously starting the CAA mechanism auction, which will end on February 5 at 23:00.A single clearing price is set for each block. When the clearing price ≤ the user's highest bid, the order is executed. The starting price is $0.1 per token, with a fully diluted market cap of $100 million and an implied market cap of approximately $19 million. The total sale volume under the CCA mechanism is 5 million tokens (accounting for 0.5% of the supply), with payment made in USDC.After the event ends, CCA participants can claim RNBW tokens from Uniswap, and RNBW airdrop rewards can be claimed via the mobile application. Non-U.S. CoinList participants will receive tokens directly, and the tokens will subsequently be available for trading on Base and centralized exchanges.

A Nevada court in the United States issued a temporary restraining order against Polymarket, prohibiting the entity behind Polymarket, Blockratize, from offering event-based contracts in the state for a period of two weeks. The court found that Polymarket's activities might violate Nevada's gaming laws and are not protected by federal derivatives regulations.

According to CoinDesk, Wall Street brokerage firm Benchmark stated that if the U.S. Congress fails to pass cryptocurrency market structure legislation this year, the U.S. crypto market will not revert to the heavily regulated enforcement environment of 2022-2023. However, at a critical moment when global adoption and institutional interest are accelerating, the market structure will still face ongoing constraints.Analyst Mark Palmer wrote in a report on Monday, "The absence of legislation will lead to a persistent structural risk premium across most areas of the digital asset ecosystem." He added that this will limit the valuation expansion space for platforms primarily targeting the U.S. market. Palmer pointed out that the failure of legislation will delay rather than block the maturation process of cryptocurrencies, preventing the U.S. market from fully realizing its potential. In this scenario, investors will prefer exposure to Bitcoin-centric assets, strong balance sheets, and stable cash flow infrastructure, rather than regulatory-sensitive trading platforms, decentralized finance (DeFi), and altcoins.This legislation aims to establish a regulatory framework for the U.S. cryptocurrency market by clarifying how digital assets should be classified as commodities or securities and delineating the regulatory responsibilities of the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Although the bill passed by the House last year shifted the focus of discussions to details such as stablecoin yields and DeFi interfaces, negotiations in the Senate have progressed more slowly and with greater divisions, raising the risk that final approval may be delayed until next year. Palmer believes the market has begun to price in such timing risks.If the market structure bill fails to pass, trading platforms will continue to face uncertainties regarding listings, higher compliance costs, and limitations on the expansion of high-margin products, while the monetization process for stablecoins may also be delayed due to unclear yield and distribution rules. The report noted that given Bitcoin's established status as a commodity, Bitcoin and Bitcoin-focused asset management firms will be relatively unaffected, and the regulatory risk exposure for mining companies and energy-supported infrastructure is also lower. DeFi and smart contract platforms remain the most vulnerable, as regulatory ambiguity continues to constrain participation in the U.S. market; meanwhile, custodial and compliance service providers are in a relatively defensive position.Despite the delays in the legislative process, Palmer still believes that the likelihood of the cryptocurrency market structure bill being passed is high—even if it is a diluted version. He emphasized that any form of legislation would help reduce regulatory risks and promote broader institutional participation.

According to Bitsmedia, the Office of the Attorney General of Russia has listed the Ukrainian cryptocurrency exchange WhiteBit as an undesirable organization. The regulator believes that the exchange has been used to illegally transfer funds out of Russia, including to finance the Ukrainian armed forces. The Russian side has also included WhiteBit's parent company W Group and all its affiliates and subsidiaries on the list.The Attorney General's Office stated that since 2022, the management of WhiteBit has transferred approximately $11 million to the Ukrainian military, of which about $900,000 was used for the procurement of drones, and claimed that the platform cooperates with the Ukrainian Ministry of Foreign Affairs to provide technical support for the United24 crypto donation platform. Currently, there are no registered cryptocurrency exchanges under Russian law. The Central Bank of Russia hopes that legal amendments to regulate exchanges and cryptocurrency traders can be completed by July 1. The Central Bank of Russia plans to hold intermediary institutions in the crypto market accountable for illegal activities starting from July 1, 2027.

The crypto wallet Rainbow announced that it will officially launch the RNBW token on February 5, and will initiate the CCA mechanism auction on Uniswap on February 2. Rainbow stated that anyone can participate in this auction, and 100% of the proceeds will automatically become on-chain liquidity for RNBW. More details will be announced later.

With the cryptocurrency card infrastructure company Rain completing a $250 million Series C funding round this month and reaching a valuation of nearly $2 billion, competition in the crypto payment sector around "how stablecoins are truly spent" is rapidly intensifying.Research firm Artemis data shows that the scale of cryptocurrency card payments is growing at an annualized rate of 106%, with an annualized transaction volume reaching $18 billion, close to the scale of approximately $19 billion in stablecoin peer-to-peer transfers. Artemis researcher Patrick Kim expects that by the end of this year, cryptocurrency cards will become the primary retail payment scenario for stablecoins.Currently, this "payment stack battle" is unfolding along three main paths: first, the full-stack issuance model. Rain, in collaboration with Hong Kong-based Reap, has become a principal member of Visa, integrating complete infrastructure such as card issuance and settlement, bypassing the traditional banking system. Rain disclosed that its card user base has grown 30 times year-on-year, with payment volumes increasing 38 times, and the platform now has over 200 clients.Second, the orchestration layer model. Stripe's acquisition of Bridge for $1.1 billion and the approximately $1 billion valuation of Zero Hash represents a bet by large tech and financial infrastructure companies on "chain-agnostic" solutions, helping merchants accept and settle stablecoins without concern for the underlying blockchain.Third, payment-specific blockchains. Some new players believe that general-purpose chains like Ethereum were not designed for payments. Supported by Bitfinex, Stable is set to launch a payment-focused blockchain by the end of 2025 and has already secured approximately $2 billion in pre-funding, aiming to achieve a stablecoin transfer experience without additional gas costs.Geographically, emerging markets are the core driving force behind the growth of stablecoin payments. The real payment demand in Africa, Latin America, and South Asia is significantly higher than in Europe and North America. Data shows that Visa currently holds over 90% of the on-chain card payment market share, primarily due to its support for USDC in native stablecoin settlement pilots, while USDT has not yet been incorporated into this system.

According to Rainbow's official social media, Rainbow will take a snapshot for the RNBW token airdrop on January 26 at 16:20 Eastern Time, with the official airdrop taking place on February 5.

The Kiel Institute for the World Economy's research shows that during the period from January 2024 to November 2025, 96% of the costs of U.S. tariffs will be borne by American consumers and importers, while foreign exporters will only bear 4%. Nearly $200 billion in tariff revenue will be almost entirely paid by domestic sources in the U.S.The research challenges the political narrative that tariffs are paid by foreign producers. In reality, foreign exporters maintain stable prices but reduce shipment volumes, with costs passed on to U.S. importers at the border. Only about 20% of the tariff costs are transmitted to consumer prices within six months, while the rest is absorbed by importers and retailers, squeezing profit margins.Moreover, tariffs slowly drain disposable liquidity, reducing the funds available for consumers and businesses to speculate on assets, leading to a liquidity stagnation in the cryptocurrency market since October, with neither a collapse nor an increase.

Matrixport stated in its latest weekly report that after experiencing a phase of pressure at the end of 2025, there are signs of improvement in Bitcoin's on-chain structure. As long as the price can hold above the key structural support level, the institution's tactical judgment remains cautiously bullish.Multiple valuation and positioning indicators are stabilizing, indicating that downside risks have lessened compared to earlier periods, and the market seems to be emerging from a fragile phase rather than entering a new round of pullback. However, this round of recovery is still constrained by two factors: insufficient inflow of incremental funds and limited willingness of long-term holders to increase their positions. If new funds cannot continue to enter the market, upward momentum is likely to remain limited; even if there is a brief breakout, it will be harder to form a sustainable trend. Overall, a more suitable strategy is to participate cautiously and select opportunities. Investors should remain in the market but must maintain discipline, waiting for clearer confirmations from fund flows and on-chain profit level indicators before considering a substantial increase in risk exposure.

According to Cointelegraph, Bitcoin briefly rose above $92,000 on Monday due to a criminal investigation by U.S. federal prosecutors into Federal Reserve Chairman Jerome Powell. Analysts are questioning whether the independence of the Federal Reserve might be compromised, which could benefit alternative assets like Bitcoin that are considered scarce.Although this news triggered a brief surge, traders remain cautious overall, primarily influenced by ongoing outflows from Bitcoin ETFs and weak demand for bullish leverage. Even with a recent rebound, Bitcoin is still down about 23% from its peak in October 2025, while gold and silver reached all-time highs in 2026. This divergence in trends has led traders to start questioning whether the narrative of "Bitcoin as a digital store of value" is weakening.The annualized premium of Bitcoin futures (i.e., basis) remains at a neutral to bearish level of about 5%. Generally, when market sentiment truly turns bullish, the premium of Bitcoin futures relative to spot often reaches or exceeds 10%. More importantly, Bitcoin spot ETFs recorded a total net outflow of $1.38 billion over four consecutive trading days.Even more concerning is that despite Strategy increasing its holdings of Bitcoin worth approximately $1.25 billion over the past month, the price of Bitcoin has still failed to effectively hold above $94,000. Overall, the appeal of Bitcoin and cryptocurrencies remains sluggish, as reflected in ETF fund flows and weak demand for Bitcoin long positions. This indicates that the probability of an unexpected surge to $105,000 in the short term is relatively low.

According to Forbes, the Ukrainian authorities have restricted access to the prediction platform Polymarket. The National Commission for the State Regulation of Communications and Informatization (НКЕК) has passed the blocking decision based on Resolution No. 695.The reason for the blockage is that the platform does not hold a license recognized by the regulatory body for gambling activities. Polymarket's domain name has been included in the publicly available list of prohibited internet resources. According to this document, electronic communication service providers must restrict access to online resources used for organizing, conducting, or providing unlicensed gambling activities.It is reported that the implementation of this blockage is not uniform; some Ukrainian users have been unable to access the site, while others report that they can still access it without restrictions.As of December 24, approximately 240 bets related to Ukraine have been completed on the platform, with a total amount exceeding $270 million. Additionally, there are 120 active bets with amounts exceeding $140 million.

According to Bloomberg, the stablecoin company Rain announced the completion of a $250 million financing round at a valuation of $1.95 billion, led by ICONIQ, with participation from Sapphire Ventures, Dragonfly, Bessemer, Lightspeed, and Galaxy Ventures.To date, the company's total financing has exceeded $338 million. Rain helps clients launch stablecoin cards on the Visa network, and the company plans to use this capital to expand its presence in North America, South America, Europe, Asia, and Africa, as well as to adapt to the rapidly changing global regulatory environment.

Recently, NeuroMesh, focused on embodied intelligence, announced the completion of a $5 million strategic financing round, with a post-investment valuation of $50 million. This round of financing was jointly invested by Alpha Capital and Coinvestor Ventures.NeuroMesh is dedicated to providing edge intelligence solutions for robots and smart devices. Through its device-side intelligent stack, it enables robots to achieve real-time perception, planning, and execution without relying on the cloud. Meanwhile, the experiences gained by machines during learning will be synchronized to a decentralized "collective brain," achieving continuous evolution and shared learning through network effects.This model allows the learning outcomes among agents to be verifiable and accumulative, driving the entire network to become increasingly intelligent. NeuroMesh's goal is to build a truly native, verifiable, and shared autonomous intelligent world, making decentralized machine intelligence the infrastructure for the next generation of human-machine collaboration.It is reported that the funds from this round will be used to accelerate technology research and development, expand the team size, and further explore the implementation of applications in industrial automation, service robots, and other scenarios.

According to the Straits Times, U.S. President Trump claimed that his "own moral code" is the only constraint on his orders to take military action globally.Just days before making this statement, Trump launched a lightning strike to overthrow Venezuelan President Maduro and threatened to take action against numerous other countries, including Greenland.In an interview with The New York Times on Wednesday (January 7), Trump was asked if there are limits to his global power. He responded, "Yes, only one. That is my own moral code, my own thoughts. That is the only thing that can constrain me."He also stated, "I don't need international law, I have no intention of harming others."The Republican president then added, "I do indeed" need to comply with international law, but "it depends on what your definition of international law is."According to AFP, the United States is not a member of the International Criminal Court (ICC), which prosecutes war criminals, and has repeatedly rejected the rulings of the International Court of Justice (ICJ).