Rewards Hub I. Crypto Market Overview
Key Takeaways
1.
Macro Environment
The Federal Reserve has kept interest rates steady, supporting the US dollar and maintaining a risk-off tone in crypto markets. The CFTC now allows US national trust banks to issue dollar-backed stablecoins, enhancing regulatory clarity and institutional participation. Upcoming US economic data, including CPI and PPI, may drive volatility and influence crypto demand.
2.
Crypto Market
Bitcoin (BTC) rose 2.15% to $70,725, while Ethereum (ETH) edged up 0.34% to $2,094.7, both showing modest recovery amid cautious sentiment. Altcoins were mixed: ASTER (ASTER) surged 9.57%, Decred (DCR) gained 4.48%, and LayerZero (ZRO) rose 2.05%, driven by protocol upgrades and capital inflows. Arbitrum (ARB) fell 2.75%, reflecting sector rotation.
3.
Today's Outlook
Today, CME launches Cardano (ADA), Chainlink (LINK), and Stellar (XLM) futures, expanding institutional access to crypto derivatives. Major Hong Kong events, including Liquidity 2026 and the Tokenized Capital Summit, open, drawing global financial and Web3 leaders and potentially boosting market activity.
Fear and Greed Index
22.00% Annual Percentile
8 Fear
Total Crypto Market Cap
$2.39T
Total Market Trading Volume
$90.21B
Altcoin Season Index
0.00%
Quarterly Percentile
21 / 100
Total Futures Market Open Interest
3.74B
Futures
531.29B
Perpetuals
II. Industry Updates
Macro-economic Policies
1.
The Federal Reserve kept interest rates unchanged in its first 2026 meeting, maintaining a restrictive monetary stance. This decision supports the US dollar and may limit BTC upside, while sustaining risk-off sentiment across DeFi and crypto markets.
4.
Upcoming US economic data releases, including non-farm payrolls and inflation figures, are in focus for market participants. These indicators will influence Federal Reserve policy expectations and may drive volatility in BTC and stablecoin demand.
5.
Gold prices rebounded above $5,000 per ounce after recent volatility, reflecting renewed safe-haven demand. This dynamic highlights the interplay between traditional and digital assets, with crypto markets remaining stable amid precious metals turbulence.
Cryptocurrency Regulatory Trends
1.
The CFTC has updated its stablecoin guidance, now allowing U.S. national trust banks to issue dollar-backed stablecoins under the GENIUS Act. This regulatory shift enables these stablecoins to be used as margin collateral in derivatives markets, potentially increasing institutional participation and market liquidity.
2.
The revised CFTC framework requires payment stablecoins to maintain full reserve backing and strict redemption rights, aligning national trust banks with state-regulated issuers like Circle and Paxos. This move enhances regulatory clarity and could boost investor confidence in regulated stablecoin products.
3.
The FDIC has extended the public comment period for its proposed rule allowing supervised banks to issue stablecoins through subsidiaries, subject to GENIUS Act compliance. This signals ongoing regulatory coordination and may further integrate stablecoins into the U.S. banking system.
5.
Upcoming regulatory events include the Consensus Hong Kong 2026 conference, where global regulators and industry leaders will discuss crypto policy, stablecoins, and financial integration. Concurrently, the SEC Chair will testify before U.S. Congress, with crypto regulation expected to be a key topic, potentially impacting market sentiment.
Trending Tokens
2.
LayerZero (ZRO): LayerZero rose 9.3% in 24h with $66.7M volume, supported by growing adoption of its omnichain interoperability protocol. Recent investor interest and cross-chain messaging utility fueled demand.
3.
Decred (DCR): Decred gained 7.8% in 24h, reaching $24.6 with $6.7M volume. Its hybrid PoW/PoS governance and ongoing community-driven upgrades attracted renewed attention amid market volatility.
Smart Money Movements
1.
A whale transferred 3,500 BTC ($249M) and 30,000 ETH ($63M) from Binance to new wallets, signaling major repositioning by large holders.
2.
A single transaction moved 399,728,842 USDC (about $399.8M) between unknown wallets, highlighting significant stablecoin activity in the crypto ecosystem.
3.
HTX transferred 300 million USDT (approx. $299.98M) to Aave, reflecting ongoing large-scale fund movements into DeFi lending platforms.
Events to Watch
Feb 9 (Mon)
CME launches Cardano (ADA), Chainlink (LINK), and Stellar (XLM) futures; major Hong Kong crypto summits including Liquidity 2026 and Tokenized Capital Summit open.
Feb 10 (Tue)
APT unlock: 11.31M tokens (0.69% supply, ~$12.3M); Consensus Hong Kong 2026 and SALT x CoinDesk Institutional Summit commence; key Ethereum and Solana events in Hong Kong.
Feb 11 (Wed)
US January Non-Farm Payrolls and Unemployment Rate released; AVAX unlock: 1.67M tokens (~$15.2M, 0.32% supply); major token unlocks for IO, HOLO, LAYER, NRS, MOCA.
Feb 12 (Thu)
UK Q4 GDP and US January PPI data released; RWA Summit Hong Kong and HSC Asset Management Conference focus on tokenization and fundraising.
Feb 13 (Fri)
US January CPI data released, a key inflation indicator for Fed policy; Switzerland January CPI data also published.
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