On February 2, the European Commission opened infringement procedures against 12 EU member states for not transposing Directive (EU) 2023/2226 on crypto asset tax transparency into national law. The directive, which must be applied by 2026, imposes new reporting duties on crypto-asset service providers and is expected to raise compliance costs ahead of full implementation.

On 2 February 2026, ZKP Crypto intensified market attention with a $5,000,000 utility-focused giveaway and daily on-chain presale auctions distributing 190 million tokens. Over the same period, Ethereum continued to trade near the $2,300–$2,400 resistance zone, while Hyperliquid drew notice after donating 10,000 HYPE, valued at about $254,000, to blockchain investigator ZachXBT.

On 2 February 2026 at 01:41, bitcoin slipped below $76,000 before stabilizing near $76,800 as risk appetite faded. Major altcoins fell and the total crypto market cap was around $2.58 trillion, while the Crypto Fear & Greed Index printed 18 and Coinglass tallied about $460 million in 24‑hour liquidations.

CrossCurve said on X late on Sunday that its cross-chain bridge was under attack and asked users to stop interacting with the protocol while it investigates a smart contract issue. Security account Defimon Alerts estimated around $3 million was taken across several networks, and partner Curve Finance told those with CrossCurve pool allocations to review positions and consider removing votes.

In January 2026, BYD's vehicle sales fell to 210,051 units, a drop of about 30% from 300,538 a year earlier, as domestic demand weakened after China's EV subsidy cuts and holiday effects. The company offset part of the decline by exporting 100,482 vehicles, nearly half of its monthly total, and plans to increase overseas shipments by roughly 25% this year. Chinese brands, including BYD, expanded their presence in Europe's EV and hybrid market in 2025, while high US tariffs kept them out of American showrooms.

Nvidia CEO Jensen Huang said in Taipei that the company is discussing a potential investment in OpenAI that could reach up to $100 billion. The proposal mentions substantial equity and a 10‑gigawatt computing build‑out, with no binding agreement yet. OpenAI's leadership has signaled strong interest in expanding collaboration.

On February 1 2026, Justin Sun's alleged ex-girlfriend Ten Ten posted a detailed statement on X accusing him of using 12 employees' identities to open Binance accounts and sell TRX. She listed names, job roles and data types she says document insider trading and a broader system designed to profit from retail traders through paid crypto influencers. Ten Ten also claimed some of these employees were later jailed in China after allegedly helping him cash out.

Bitcoin has slipped into a bearish setup after dropping below the key $82,000 low from November 2025, with the price recently trading around $78,560 and touching $77,082 in the last 24 hours. Crypto analyst XForceGlobal argues that this breakdown invalidates the prior bullish Elliott Wave structure and forces a new corrective wave count. His updated scenarios outline two distinct bearish paths that both point toward potential downside targets near the $60,000 area before any larger recovery unfolds.