I. Crypto Market Overview
Key Takeaways
1.
Macro Environment
Global markets are focused on the release of US January CPI and China CPI/PPI data, which are expected to influence risk sentiment and monetary policy outlook. The launch of CME futures for Cardano, Chainlink, and Stellar marks a significant step in institutional crypto adoption. Regulatory attention remains high, with MiCA compliance deadlines in Europe and evolving frameworks in Asia shaping cross-border crypto flows.
2.
Crypto Market
The crypto market experienced broad declines over the past 12 hours, with BTC down 3.5% to $68,675 and ETH down 4.8% to $2,016, pressured by weak risk sentiment and ETF outflows. Most major altcoins, including SOL (-5.3%), ADA (-4.0%), LINK (-4.3%), and XLM (-4.1%), also fell. Notable gainers were Decred (DCR, +11.7%) and Humanity Protocol (H, +11.7%), driven by increased staking and renewed interest in decentralized identity. CME’s launch of ADA, LINK, and XLM futures expanded institutional access but did not offset overall market weakness.
3.
Today's Outlook
Today, the launch of CME futures for Cardano (ADA), Chainlink (LINK), and Stellar (XLM) is expected to boost institutional participation in crypto derivatives. The release of US January CPI and China CPI/PPI data will be closely watched, as these inflation indicators could drive volatility across both traditional and crypto markets.
Fear and Greed Index
22.00% Annual Percentile
8 Fear
Total Crypto Market Cap
$2.34T
Total Market Trading Volume
$98.39B
Altcoin Season Index
0.00%
Quarterly Percentile
21 / 100
Total Futures Market Open Interest
3.74B
Futures
535.66B
Perpetuals
II. Industry Updates
Macro-economic Policies
2.
Japan's ruling coalition secured a decisive election victory, boosting the yen and Japanese equities, but triggering short-term capital outflows from U.S. assets and downward pressure on BTC as global liquidity shifts.
4.
U.S. Treasuries are identified as a major trading opportunity amid expectations of increased volatility in stocks and commodities, which could influence crypto market risk appetite and institutional portfolio allocations.
5.
South Africa's economy expanded by 1.3% in 2025, with strong export growth and stable inflation supporting the rand; this macro stability may attract capital flows into emerging market crypto assets and boost local DeFi activity.
Cryptocurrency Regulatory Trends
2.
South Korea's FSS has launched a major probe into Bithumb after a massive erroneous Bitcoin transfer, signaling stricter enforcement and potential licensing sanctions under the upcoming Digital Asset Basic Act.
3.
China has replaced its 2021 crypto ban with a stricter regime, allowing only state-approved RWA tokenization and expanding prohibitions on unauthorized crypto activities, reinforcing state control and limiting open market participation.
5.
The launch of Erebor Bank as the first crypto-focused bank under a new US national charter signals regulatory openness to digital asset banking, potentially boosting institutional confidence and sector growth.
Trending Tokens
1.
Humanity Protocol (HUMAN): Humanity Protocol (H) surged 11.7% in 24h with $42.5M volume, driven by renewed interest in decentralized biometric identity and privacy solutions, as on-chain activity and holder count rose to 33,830.
2.
Decred (DCR): Decred (DCR) gained 11.7% in 24h, reaching $27.42 with $10.3M volume. The price jump is attributed to increased staking participation and community governance engagement amid market volatility.
3.
World Liberty Financial (WLFI): World Liberty Financial (WLFI) rebounded 12% in 24h, signaling renewed DeFi risk appetite. The move follows recent governance activity and increased trading, with daily volume up to $4.7K.
Smart Money Movements
1.
Strategy acquired 1,142 Bitcoin for $90 million at an average price of $78,815, bringing total holdings to 714,644 BTC valued at $54.35 billion.
5.
Cango Inc. sold 4,451 BTC for $305 million to repay loans, reallocating capital and reducing financial leverage amid market volatility.
Events to Watch
Feb 9 (Mon)
CME launches futures for Cardano (ADA), Chainlink (LINK), and Stellar (XLM); US January CPI and China CPI/PPI data released, key for global markets.
Feb 10 (Tue)
Aptos (APT) unlocks ~11.31M tokens (~$12.1M); LayerZero announces major event; Arthur Hayes' HYPE stock performance bet begins.
Feb 11 (Wed)
US January Non-Farm Payrolls and Unemployment Rate released; Step Dubai Conference 2026 opens, gathering global tech and crypto leaders.
Feb 12 (Thu)
UK Q4 GDP and US January PPI data released, impacting economic outlook and market sentiment; Monthly Market & Economic Outlook Webinar held.
Feb 13 (Fri)
US January CPI data released, a key inflation indicator for Federal Reserve policy and crypto market expectations.
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