🌶️ The US government is bullish

Yesterday, cryptocurrencies got a lot of attention from the US government, including crypto czar David Sachs and statements from the SEC. Fortunately, the days when crypto falls under red light are gone, it seems. SEC released a couple of positive statements. Meanwhile, David Sachs said that evaluating a Bitcoin Reserve is among its top priorities. Moreover, the gov plans to use stablecoins and other digital assets to strengthen the US dollar globally.

Despite that, cryptocurrencies still went down a bit. It doesn’t sound logical, right? Or was everything overpriced? What do you think?

📰 Crypto & Finance News

• SEC dropped a list of tasks dedicated to cryptocurrencies.

• Also, SEC Commissioner Hester Pierce stated: “If people want to buy a token or product that lacks a clear long-term value proposition, they should feel free to but should not be surprised if someday the price drops”. Crime season begins (note: crypto Twitter joke).

• SEC launched the Crypto Task Force website to help with clarifying crypto laws. There is an email dedicated to it too - [email protected].

• BlackRock to launch a Bitcoin exchange-traded product in Europe. It succeeded in the US ETF worth $58 billion.

• Bybit exchange registers with India’s financial regulator. License expected to be obtained in the upcoming weeks.

• El Salvador's Bitcoin reserve reaches 6,068 BTC as it continues to buy 12 coins per day.

🪂 Airdrops & Opportunities

• Berachain airdrop checker is live! The token generation event (TGE) is happening tomorrow.

• MegaETH introduces its NFT collection. It is limited to 10,000 NFTs. Some users can already check if they got into a whitelist. Also, the airdrop for NFT holders is confirmed.

• We made a mistake yesterday claiming that Pudgy Penguins to close airdrop claiming and burning unclaimed tokens on February 4th. It has happened today! Around $158 million has been burned. Sorry, it seems we’re bad at calendars.

🤡 Degen Section

• Users have sent 180,000 SOL (around $40 million) on $pain pre-sale. No further details about TGE yet. Will participants get rugged?

• Enron parody account on X has launched a token called $enron. It generated more than $100 million in trading volume in less than 24 hours. Enron’s market cap peaked at around $660 million and currently trades at $155 million MCap.

• Kalshi users now can bet if the US government is going to shut down this year. Currently, chances are almost 50/50.

• Vectordotfun user named nemoblackburn bought $sse token at a very early stage and now is around $3 million in profit.

🔒 Security

• One more crypto user was kidnapped and robbed (by his friends 🤯). Do not dox yourself, and always behave carefully online!

• It has been considered MacOS to be extremely safe and virus-free, however, lately, criminals have started to target this OS more aggressively. New, fully undetectable malware confirmed. Do not install unknown applications!

🦁 Alpha & Insights

• OpenSea posts a tweet with a hint about integrating Berachain into its market.

• Michael Saylor posts a mysterious tweet saying: “₿ig Strategy Day”. Is he buying again?

• Travala integrated crypto payments in over 100 tokens for around 2.2 million hotels globally on Trivago. Also, bookings made using cryptocurrencies are eligible for $BTC and $AVA rewards.

📈 Other Metrics & Numbers

• Tether Foundation minted $1 billion USDT on Tron yesterday.

• BlackRock bought 100,535 Ethereum, worth around $284 million.

• Tether and Circle have issued $8.5 billion in stablecoins since the early 2025.

• Fidelity has bought 9,552 ETH worth around $26 million.

😶‍🌫️ To Cheer You Up

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Disclaimer: The content of this newsletter is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and can involve significant risk. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. The opinions and information provided here are not a guarantee of future performance and should be considered carefully in the context of your personal financial situation.