The United Kingdom's Gambling Commission is examining how cryptoassets could be used as payment methods at licensed online gambling platforms, according to a speech by executive director Tim Miller. Any such option would still require firms to obtain FCA authorization under the Financial Services and Markets Act 2000 and be subject to strict affordability and suitability checks, with implementation aligned to the FCA's new crypto licensing framework targeting October 2027.

Crypto traders have accused Jane Street of driving a recurring 10:00 am Eastern Time Bitcoin price drop through programmatic selling linked to its IBIT holdings and a prior Terraform Labs lawsuit. Market analysts counter that blockchain and price data do not support a systemic dump pattern and argue that Bitcoin's large, fragmented market cannot be steered into a prolonged bear phase by any single trading firm.

Bitcoin and the wider crypto market are facing selling pressure as stablecoin supply contracts and investors rotate into precious metals and tokenized commodities. Analysts highlight that shrinking liquidity and renewed US tariff uncertainty are capping digital asset upside until clearer policy and rate-cut signals emerge.

Corporate Bitcoin treasury firms have recorded three straight weeks of net selling, while BTC trades near $66,191 and US spot Bitcoin ETFs see persistent outflows. Analysts warn that continued selling and weak fund inflows could drag Bitcoin toward prior bear market levels, though some view the drawdown as a healthy reset of leveraged positions.

Tether's USDT circulating supply has fallen by about $1.5 billion so far in February, after a $1.2 billion decrease in January. The pullback puts USDT on track for its steepest monthly contraction since the aftermath of FTX's collapse in November 2022. Large holders have been reducing balances while new wallets also added USDT.

In a Wednesday report drawing on roughly 2,500 internal investigations, AMLBot found that 65% of the 2025 crypto incidents it handled involved social engineering and user access or response lapses rather than protocol flaws. By case count, investment scams led at 25%, followed by phishing at 18% and device compromises at 13%.

French police arrested three suspects after an attempted break-in targeting a senior figure at Binance’s French unit. According to RTL, around 7:00 am CET Thursday, three armed, hooded individuals tried to enter an apartment in Val-de-Marne and were detained two hours later in Hauts-de-Seine; Binance confirmed a home invasion involving one employee but did not identify the person.

Bitcoin fell to $59,930 on Friday, its lowest level since October 2024, in what Kaiko Research describes as a possible halfway point in the present bear market. The firm notes a 32% correction since the 2024 halving, shrinking spot volumes and reduced futures open interest, while analysts remain divided on whether $60,000 marks a cycle low or if further downside toward $40,000–$50,000 is needed to align with past drawdowns.

Binance added 4,225 BTC worth $300 million to its SAFU wallet on Monday, pushing the reserve's value above $720 million. The move is part of a plan announced on Jan. 30 to convert the $1 billion user protection fund to Bitcoin, with completion targeted within 30 days. The shift increases exposure to BTC price volatility.