U.S. margin balances reached $1.279 trillion in Jan‑2026, a $53.445 billion increase from Dec‑2025, underscoring the leverage behind Bitcoin's advance. The U.S. Treasury's Feb. 4 guidance outlined up to $38B in liquidity buybacks and $75B for cash management, shaping collateral conditions as recession‑leaning indicators and policy timing keep risk correlations elevated.

Block shares rose more than 20% in premarket trading after CEO Jack Dorsey told employees the company will eliminate over 4,000 roles and reorganize around an AI-era operating model. The company's 8-K outlines a reduction of more than 40% to just under 6,000 employees from 10,205 as of Dec. 31, 2025, with $450 million to $500 million in charges and completion by the end of Q2 FY2026.

Over the past three weeks, Bitcoin has retreated from $70,524 to around $64,074, while the last 24 hours saw price oscillate between roughly $62,800 and $66,200 and then reclaim the $65,000 area. At the same time, U.S. spot Bitcoin ETFs recorded a $257.7 million net inflow on Tuesday, sharply above their long‑run daily average, even as Deribit’s 7‑day put‑call skew slid from -6% to -17% as traders aggressively bid for downside protection. If bulls can hold $65,000 and keep ETF flows positive, the market may be attempting to build a local bottom, though elevated hedging and tariff‑driven macro uncertainty still threaten a slide toward lower support levels near $61,000 and $56,048.

Bitdeer, currently the largest U.S.-listed Bitcoin miner by hashrate, reported this week that its corporate BTC treasury balance dropped to 0 BTC after selling 189.8 newly mined coins and drawing down 943.1 BTC from reserves. In the same window, the company sold a total of about 1,132.9 BTC and announced an upsized $325 million 5.00% convertible notes deal due 2032 alongside a share offering priced at $7.94.

Bitcoin is trading in a narrow band around $68,000 as markets react to the U.S. Supreme Court's Feb. 20 decision limiting the use of the International Emergency Economic Powers Act for broad tariffs. Within a day, Trump cited Section 122 of the 1974 Trade Act, which can support tariffs of up to 15% for as long as 150 days, leaving traders focused on the policy's built-in timer and its macro impact. The debate over inflation, growth, yields, and dollar strength is keeping Bitcoin range-bound while the legal and economic implications of more than $133 billion in collected tariffs remain unresolved.

On Feb. 5, 2026, the ECB held its deposit facility rate at 2.00% while advancing the digital euro. It estimates about €1.3 billion in development costs and plans a March 2026 call for payment providers, followed by a 12‑month pilot in H2 2027. FT also reports Christine Lagarde may exit before October 2027.

The IRS's new Form 1099-DA introduces standardized reporting for digital asset sales, emphasizing gross proceeds for 2025 activity. Many cost basis fields may remain blank, leaving taxpayers to reconstruct acquisition records across wallets and venues. The rollout is reshaping filing behavior and raising concerns about confusion and potential overpayment as people import forms into tax software.

Keys.lol presents Bitcoin's roughly $1.5 trillion market as a kind of free lottery by continuously generating batches of private keys and corresponding addresses. Each page refresh reveals 90 new keys, but the astronomical size of Bitcoin's keyspace makes the odds of hitting one of the 58 million funded addresses effectively zero, highlighting why brute-force attacks are not a realistic threat.

On Saturday, Ethereum, XRP and the wider crypto market saw a sharp pullback, wiping roughly $100 billion from total market value while Bitcoin declined more moderately. The move coincided with reports of Israeli airstrikes in Gaza and unfolded in thin weekend liquidity, with Ethereum leading liquidations and altcoins generally underperforming BTC. By 3:41 pm UTC on Jan. 31, 2026, Ethereum traded at $2,539.70, down 6.22% over 24 hours, as total crypto market capitalization hovered around $2.73 trillion.