Coinbase CEO Brian Armstrong has challenged Wall Street over the Cryptocurrency Market Structure Clarity Act, arguing that limits on stablecoin yields could alter competition and shift bank funding. He highlighted the risk around $6.6 trillion in deposits and received support from Stripe CEO Patrick Collison. The debate also draws on prior proposals that allowed stablecoin issuance while blocking direct interest to users.

XRP extended its decline, slipping under $1.60 and consolidating near a $1.50 low. On the hourly XRP/USD chart using Kraken data, a bearish trend line caps rebounds around $1.650, with the price still below the 100-hour Simple Moving Average. Failure to reclaim $1.60–$1.650 could keep pressure toward $1.540 and $1.50.

On February 2, 2026, XRP traded at $1.59–$1.61 after a 3–4% daily drop and a 12–16% weekly slide, with roughly $4 billion in 24‑hour volume. Bears are eyeing support near $1.55 and resistance at $1.65–$1.68, while RSI hovers around 30. XRP ETFs saw $16.79 million in net inflows on January 30.

Bitcoin has fallen more than 10%, sliding from above $82,500 to trade under $80,000 and its 100-hour simple moving average. The BTC/USD pair now faces resistance around $79,200, while analysts are watching support levels at $75,000 and a key downside target near $70,000. A move above $79,200 and then $82,000 could open the way for a rebound, but failure may leave the $72,000–$70,000 area exposed.

On February 2 2026, CrossCurve disclosed that its cross-chain bridge smart contracts had been exploited, causing about $3 million in losses across several blockchain networks. A message verification flaw reportedly enabled attackers to spoof cross-chain messages and unlock tokens without proper authorization. The project has urged users to stop interacting with its contracts and its CEO has offered a bounty of up to 10% if the stolen funds are returned within 72 hours.

Updated on February 2, 2026 at 1:28 AM UTC, Apple faces intensifying competition for chips as AI companies bid aggressively for the same components. Nvidia has surpassed Apple as TSMC’s largest client, while TechInsights projects DRAM prices could quadruple and NAND triple by year-end. Mike Howard estimates an extra $57 memory cost for an entry-level iPhone 18, impacting margins on a $799 device.

BONK resumed its broader downtrend after an early-January breakout failed to hold, with the token dropping sharply over the past week. The memecoin sector also weakened, and key BONK levels near $0.00000755–$0.00000785 are in focus for a potential short-term retest before further downside.

On Sunday, Strategy executive chairman Michael Saylor hinted the firm added Bitcoin after a more than 13% weekend slide pushed BTC to $75,892, briefly under its $76,040 cost basis before rebounding to $76,765. The drop followed President Donald Trump's Friday nomination of Kevin Warsh; Saylor posted “More Orange” alongside a $55 billion purchases chart.