PA Daily News | Binance SAFU Fund has bought 1,315 BTC; "Rich Dad Poor Dad" author says he wants to "buy the dip" in Bitcoin.

Today's top news highlights:

BTC briefly fell below $75,000 ; ETH briefly fell below $2,200.

The author of "Rich Dad Poor Dad": Prepare to buy during the gold, silver, and Bitcoin market crash.

Binance SAFU Fund has purchased 1,315 BTC, worth approximately $100 million.

Data: HYPE, BERA, XDC and other tokens saw large-scale unlocking this week, with HYPE unlocking approximately $305 million worth of tokens.

Shenyu: When Bitcoin falls to $75,000, the 23.3W/T mining rig will reach its shutdown price.

Jupiter receives $35 million in strategic investment from ParaFi Capital

Strategy's holdings of over 712,000 Bitcoins are currently showing a paper loss of over $900 million.

CoinShares: Digital asset investment products saw a net outflow of $1.7 billion last week.

Macro & Regulatory

US House Speaker: Confident of securing enough votes to end partial government shutdown by at least Tuesday.

According to Jinshi News, U.S. House Speaker Johnson said he is confident of securing enough votes to end the partial government shutdown by at least Tuesday.

Large-scale cash robberies have occurred in Tokyo and Hong Kong, and two employees of cryptocurrency exchange shops have been arrested.

According to Caixin.com, within less than 24 hours from January 29th to 30th, Tokyo, Japan, and Hong Kong, both known for their good public safety, experienced a series of robberies targeting large sums of Japanese yen in cash. The amounts stolen were 420 million yen (approximately 19 million yuan) and 51 million yen (approximately 2.29 million yuan) respectively. About six hours after the incidents, police arrested three suspects at Hong Kong International Airport on charges of robbery as they were attempting to leave the country. They also arrested two employees (a 28-year-old local man and a 29-year-old mainland man) at a cryptocurrency exchange shop in Tsim Sha Tsui who were assisting in handling the stolen money. Preliminary analysis suggests that the Japanese company involved may have been profiting by carrying yen to Hong Kong to exchange for Hong Kong dollars and then purchasing duty-free goods, exploiting the tax differences between the two places. This route may be directly related to the cases.

"Federal Reserve mouthpiece": Trump jokes he'll sue Warsh if he doesn't cut rates.

Nick Tmiraos, a well-known figure in the Federal Reserve, revealed in an article on the X platform that US President Trump attended an event and gave a speech the day after announcing Kevin Warsh as the chairman of the Federal Reserve, and joked that he would sue Warsh if he did not lower interest rates.

The Chief Executive of the Hong Kong Monetary Authority (HKMA) stated that it is currently evaluating 36 stablecoin license applications and aims to issue the first batch of licenses in March.

According to Ta Kung Wen Wei Po, Eddie Yue, Chief Executive of the Hong Kong Monetary Authority (HKMA), stated that the Hong Kong Stablecoin Ordinance officially came into effect on August 1st last year. The first round of applications for stablecoin licenses received 36 from institutions. The HKMA is currently evaluating these applications and hopes to make a decision as soon as possible, aiming to issue the first batch of licenses in March. Yue stated that some applicants have been asked to provide additional information. Since the initial submissions mainly consisted of basic information required for licensing, follow-up questions on some key elements are still needed after review, such as details of specific application scenarios, risk management measures, and the composition of the underlying reserve assets. If all required information can be collected, the HKMA aims to issue the first batch of licenses in March. The number of licenses issued in the first batch will certainly be small, with a prudent and stable approach as the goal.

India's 2026 budget will maintain its cryptocurrency tax and withholding tax policies unchanged, but will introduce new penalties for violations.

According to CoinDesk, India's 2026-27 federal budget maintains the existing 30% cryptocurrency gains tax and 1% withholding tax, disappointing industry groups that had previously sought tax cuts. Instead of adjusting tax rates, the government proposed new penalties starting April 1, 2026, for entities that fail to properly declare crypto asset transactions under Section 509 of the Income Tax Act. Failure to submit the required reports will incur a daily penalty of 200 rupees (approximately $2.20) until the default ends. A fixed penalty of 50,000 rupees (approximately $545) will be imposed if the submitted information is incorrect or if errors are not corrected after being discovered. Officials stated that this move aims to strengthen compliance, but market participants warned that it will continue to create friction for traders.

Project Updates

Crypto wallet Rainbow has released details of its RNBW token auction, with a starting price of $0.10.

Crypto wallet Rainbow has released details of its CCA (Consumer Rights Acquisition) auction for RNBW tokens on Uniswap. Pre-bid will open on February 2nd at 23:00 (UTC+8) and continue until February 3rd at 23:00, simultaneously with the CCA auction (ending February 5th at 23:00). The starting price is $0.10 per token, with a fully diluted market capitalization (FDV) of $100 million (implying a market capitalization of approximately $19 million). The total supply of CCA tokens is 5 million (0.5% of the total supply), and payment will be in USDC. Previously, it was reported that Rainbow would launch a CCA auction on Uniswap on February 2nd.

Binance will list Zama (ZAMA) and add a seed tag to it.

According to the official announcement, Binance will list Zama (ZAMA) and open spot trading pairs ZAMA/USDT, ZAMA/USDC, and ZAMA/TRY at 21:00 (UTC+8) on February 2.

Epstein funded the crypto company Blockstream and discussed Bitcoin with Peter Thiel, Adam Back, and others.

According to Beincrypto, Jeffrey Epstein funded early-stage cryptocurrency company Blockstream and discussed Bitcoin with Peter Thiel and Adam Back. Emails show that Epstein was in contact with Michael Saylor, Kevin Walsh, and Joi Ito of MIT, among others. While there is no evidence that he illegally used cryptocurrency, his close ties to the early Bitcoin ecosystem are confirmed. Epstein participated in the seed round of funding for Bitcoin infrastructure development company Blockstream. Blockstream co-founder Austin Hill wrote to Epstein, Joi Ito (MIT Media Lab), and Blockstream CEO Adam Back to discuss the allocation of an oversubscribed $18 million funding round. Previously, Epstein had confirmed that he would invest through Joi Ito's fund. Austin Hill and Adam Back later both appeared in emails coordinating trips to St. Thomas.

CrossCurve, a cross-chain liquidity protocol, suffered a breach due to a smart contract vulnerability, resulting in the theft of approximately $3 million.

According to The Block, the cross-chain liquidity protocol CrossCurve (formerly EYWA) has confirmed that its cross-chain bridge protocol is "under attack" due to a vulnerability in its smart contract being exploited, resulting in the theft of approximately $3 million across multiple networks. Blockchain security firm Defimon Alerts discovered that the attack exploited a gateway verification bypass vulnerability in CrossCurve's ReceiverAxelar contract. Analysis shows that anyone could use a forged cross-chain message to call the contract's expressExecute function, bypassing expected gateway verification and triggering unauthorized token unlocking on the protocol's PortalV2 contract. The protocol is backed by Curve Finance founder Michael Egorov and has previously raised $7 million.

Later reports indicated that CrossCurve released 10 "hacker" addresses, calling for their return and offering a 10% bounty; CrossCurve has brought the vulnerability under control, and the stolen $EYWA tokens will not enter circulation.

Meme cryptocurrency KOL Murad's portfolio has plummeted by nearly 86%, resulting in a loss of $58 million in six months.

Analyst Ash Crypto reported that Meme coin KOL Murad's Meme portfolio has plummeted by nearly 86%, losing $58 million in the past six months. Murad's portfolio reached an all-time high of $67 million in July 2025, but is now worth only $9.1 million.

Michael Saylor has released another Bitcoin Tracker update; he may disclose his accumulating data next week.

Michael Saylor posted another Bitcoin Tracker update, writing "More Orange." Based on previous experience, Strategy may disclose its holdings data next week.

Sunil, a representative of FTX creditors, stated that the next round of funding is expected on March 31, with total claims amounting to approximately $9.6 billion.

Sunil, a representative of FTX creditors, stated on the X platform that the next round of funding distribution for FTX is expected to take place on March 31. Currently, the total amount of claims settled is approximately $9.6 billion, including approximately $780 million in claims under $50,000, approximately $7.8 billion in claims over $50,000, and approximately $1 billion in non-customer claims. Sunil also pointed out that the dispute reserve has decreased by approximately $2.2 billion. If the remaining approximately $2 billion is distributed, it is estimated that claims over $50,000 may receive approximately $1.7 billion in additional payouts. Overall, FTX's debt recovery progress continues, and the subsequent distribution schedule still depends on the progress of dispute settlement and asset realization.

SBF posted multiple tweets in support of Trump's encryption policies and criticizing Biden.

Sam Bankman-Fried (SBF), founder of FTX, recently posted a series of articles on his X platform account, stating that US President Trump is right on cryptocurrency issues, while Biden has messed it up. These posts reportedly came a few days after the release of former Alameda Research CEO Caroline Ellison. SBF also praised Trump's actions on issues outside of cryptocurrency, claiming, "All the world leaders I've met have had enough of Biden, who chose Gary Gensler as Chairman of the SEC." According to data from the crypto prediction platform Polymarket, traders currently believe there is a 17% chance Trump will pardon SBF before 2027.

Binance will remove several spot trading pairs, including ARKM/FDUSD, ASTR/BTC, and AWE/BTC.

Based on recent review results, Binance will remove and cease trading the following spot trading pairs at 16:00 (UTC+8) on February 3, 2026: ARKM/FDUSD, ASTR/BTC, AWE/BTC, BANANA/BNB, DYDX/BTC, EUL/FDUSD, IMX/BTC, JTO/FDUSD, KSM/BTC, LINEA/FDUSD, LINK/BNB, NEAR/ETH, NFP/BTC, PIVX/BTC, PNUT/EUR, QTUM/ETH, SCRT/BTC, SNX/BTC, STG/BTC, SYS/BTC, and UTK/USDC.

Binance will delist ACA, CHESS, DATA, DF, GHST, and NKN.

According to an official announcement, Binance has decided to suspend trading and delist the following cryptocurrencies at 11:00 AM (UTC+8) on February 13, 2026: Acala Token (ACA), Tranchess (CHESS), Streamr (DATA), dForce (DF), Aavegotchi (GHST), and NKN (NKN).

Analysis & Opinions

Citigroup: Gold valuations have reached extreme levels; waning risk aversion in the second half of the year will be the biggest negative factor.

According to CLS News Agency, Citigroup warned that gold valuations have reached extreme levels, with global gold spending as a percentage of GDP surging to 0.7%, the highest in 55 years. If gold allocations return to the historical norm of 0.35%-0.4%, gold prices will face the risk of being halved. With the potential for an agreement on the Russia-Ukraine conflict in the second half of 2026, a strengthening US economy, and the confirmation of the Federal Reserve's independence, the collective waning of safe-haven demand will remove the last pillar supporting gold prices.

Shenyu: When Bitcoin falls to $75,000, the 23.3W/T mining rig will reach its shutdown price.

DiscusFish, co-founder of Cobo & F2pool, posted on the X platform that Bitcoin has fallen nearly 15% this week. When the price of Bitcoin reaches $75,000, a single mining rig with a power of 23.3W/T will reach the break-even point (i.e., the shutdown price).

Yi Lihua: It was indeed a mistake to be bullish on ETH too early after clearing out positions at the top.

Liquid Capital founder Jack Yi admitted in a post on the X platform that being bullish on ETH too early was a mistake. "As the person under the most pressure online right now, I must first admit that being bullish on ETH too early after clearing out my positions at the top was indeed a mistake. BTC was around $100,000, while ETH was consistently around $3,000, which we considered undervalued. Currently, the previous round of profits has been retraced, and position size dictates our strategy. While controlling risk, we will continue to wait for the market to move upwards. Thank you for your concern. Investing and trading are the most difficult things; being in this industry, it's always tempting to be bullish."

CNBC host Jim Cramer: Bitcoin buyers may flock to the market, and the price could rebound to $82,000.

CNBC host Jim Cramer said that Bitcoin is currently priced at $77,000 and expects a surge of buyers to push the price back up to $82,000.

The author of "Rich Dad Poor Dad": Prepare to buy during the gold, silver, and Bitcoin market crash.

Robert Kiyosaki, author of "Rich Dad Poor Dad," posted on the X platform that "the gold, silver, and Bitcoin markets have just crashed (i.e., gone on sale), and I have cash on hand, so I'm taking advantage of the discounts to buy more gold, silver, and Bitcoin."

Analysts: Silver's recent performance resembles that of "meme stocks," while gold and Bitcoin are once again moving in tandem.

According to Caixin, Steve Sosnick, chief strategist at Interactive Brokers, believes that silver's recent performance resembles that of a "meme stock." While the strengthening dollar pressured silver trading following the announcement of Warsh, Trump's nominee for Federal Reserve Chair, the decline in silver had already begun in overnight trading before the nomination was officially announced. Furthermore, data shows that gold and Bitcoin have performed remarkably well over the past two years, with their returns differing by only a few percentage points, and these two assets are now showing convergence again. Sosnick concludes by pointing out that although investors' desire for alternative assets and momentum trading persists, the "memeification" of traditional commodities with millennia of history may be nearing its end.

Vitalik Buterin: Creator token incentives have limited effectiveness, primarily due to insufficient filtering of high-quality content.

In an article published on the X platform, Vitalik Buterin discussed the design of creator tokens, pointing out that the crypto industry's overall effectiveness in content incentives over the past decade has been limited. The core problem is not insufficient content supply, but rather a lack of mechanisms for selecting and discovering high-quality content. Given that AI can generate massive amounts of content at low cost, the industry's goal should shift from "incentivizing more content" to "identifying and amplifying high-quality content." Vitalik believes Substack is a relatively successful example of creator incentives, its key being proactively selecting and supporting high-quality creators through the platform, rather than relying solely on mechanism design. He points out that existing creator token projects generally suffer from a structural problem of "highly influential users dominating the leaderboards," rather than truly reflecting content quality. At the solution level, Vitalik proposes establishing a non-tokenized creator DAO, selecting creators through member voting, maintaining clear content positioning and scale control to build stable brands and commercial bargaining power. Simultaneously, creators would be allowed to issue personal tokens; if they join the creator DAO, they could use DAO revenue to buy back and burn these tokens, transforming speculators into "predictors of high-quality creators," thereby reducing pure speculation and improving the efficiency of selecting high-quality content. Vitalik stated that effective governance mechanisms in the future may increasingly combine prediction markets with multi-party governance structures to enhance the system's resistance to manipulation and the consistency of its objectives.

Plan B: Bitcoin's price fell 38% from its all-time high in January; the 200-week moving average became a key support level for the bear market.

Crypto analyst PlanB wrote on the X platform that Bitcoin closed at $78,635 in January, a drop of about 38% from its all-time high. Currently, Bitcoin's 200-week moving average is around $58,000, and the realized price is around $55,000 and trending downwards. Meanwhile, the RSI has fallen below 50, entering its model's defined "bear market zone." PlanB pointed out that historically, Bitcoin has often fallen back to the 200-week moving average or near the realized price during bear markets. However, due to the relatively weak momentum of this bull market and the lack of strong top signals, future pullbacks may be relatively limited.

Analysis: Bitcoin's future price movement hinges on whether it can hold the $74,000 support level.

Singapore-based crypto investment firm QCP Capital analyzed that after Kevin Warsh was officially confirmed as the next Federal Reserve Chairman, Bitcoin fell below the $80,000 support level on Saturday, hitting a low of $74,500, while Ethereum simultaneously fell below $2,170. A new round of deleveraging occurred in the market, with over $2.5 billion in long leveraged positions being liquidated, coupled with continued outflows from ETFs, further dampening market sentiment. Risk aversion continued to spread after Warsh's appointment, impacting the stock market and extending to traditional safe-haven assets. Bitcoin is currently finding temporary support above $74,500, a level that coincides with the technical low of the 2025 cycle. Options market signals remain cautious, with a clear bias towards put options, but compared to the extreme levels seen last November when Bitcoin fell from $107,000 to $80,500, current hedging demand has eased, possibly reflecting investors positioning themselves for a short-term bottom. However, market momentum remains weak, with upside potential limited by recent resistance levels. The key to future price movements lies in whether the $74,000 support level can be held. A breach of this level could trigger a deeper correction; a return above $80,000 would help normalize volatility and option skew. The market is focused on whether institutions are rebuilding positions near the average cost of $76,000, as well as geopolitical risks and policy signals from the Federal Reserve.

Investment and Financing

Jupiter receives $35 million in strategic investment from ParaFi Capital

According to an official announcement, Jupiter has received a $35 million strategic investment from ParaFi Capital to accelerate the construction of its on-chain financial infrastructure.

Nvidia CEO Jensen Huang: OpenAI invites us to invest up to $100 billion

According to Jinshi News, Nvidia CEO Jensen Huang stated: "OpenAI has invited us to invest up to $100 billion. Investing in OpenAI has never been a promise. We will invest step by step."

mechanism

A Binance address has purchased 1,315 BTC, worth approximately $100 million.

According to PANews' monitoring of on-chain information, Binance-related Bitcoin addresses purchased 1,315 Bitcoins, worth approximately $100 million, at 16:06 Beijing time.

Previous reports indicated that the Binance SAFU Foundation address received 64.811 USDT from a hot wallet, suspected to be a small-scale test .

Trend Research withdrew 121 million USDT from Binance as repayment, with the liquidation price dropping to $1,810.

According to on-chain analyst Ember, Trend Research has stopped its losses by selling 53,589 ETH ($123 million) and then withdrawing 121 million USDT from Binance for repayment. Its ETH lending position liquidation price has now dropped to around $1,810. Current holdings: 598,000 ETH ($1.33 billion), with an average cost of $3,180. Losses: $613 million (realized losses of $47.42 million + unrealized losses of $565 million). Leveraged borrowings: $897 million.

Strategy's holdings of over 712,000 Bitcoins are currently showing a paper loss of over $900 million.

According to Lookonchain, with the price of Bitcoin falling below $75,000, the 712,647 Bitcoins held by Michael Saylor's Strategy are now facing more than $900 million in unrealized losses.

Important data

CoinShares: Digital asset investment products saw a net outflow of $1.7 billion last week.

According to CoinShares' latest weekly report, digital asset products recorded a $1.7 billion outflow last week, bringing the year-to-date net outflow to $1 billion. Assets under management (AUM) have decreased by $73 billion since their October 2025 peak. The outflow was highly concentrated in the US market, reaching $1.65 billion. Most asset classes experienced outflows: Bitcoin products saw an outflow of $1.32 billion, Ethereum products saw an outflow of $308 million, and recently popular assets XRP and Solana products also saw outflows of $43.7 million and $31.7 million respectively. Shorting Bitcoin products bucked the trend with an inflow of $14.5 million, and their AUM has increased by 8.1% year-to-date. Speculative investment products were a bright spot, benefiting from the recent surge in on-chain tokenized precious metal sales, with this category recording an inflow of $15.5 million.

Spot gold fell below $4,500, retreating nearly $1,100 from its all-time high.

According to Jinshi News, spot gold plummeted, falling below $4,500 per ounce for the first time since January 9th, plunging 7.9% on the day, a drop of $383. It has retreated nearly $1,100 from its historical high of $5,596 in just three trading days.

Spot silver fell more than 15% intraday, erasing a month's gains in just three trading days.

According to CLS News Agency, spot silver fell more than 15% intraday to $71.5 per ounce, down $50 from its historical high, erasing a month's gains in just three trading days.

BTC briefly fell below $75,000 ; ETH briefly fell below $2,200.

In the past 24 hours, a total of $1.886 billion in contract liquidations occurred across the entire network, primarily involving long positions.

According to CoinAnk data, in the past 24 hours, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $1.886 billion, including $1.758 billion in long positions and $128 million in short positions. The total liquidation amount for BTC was $637 million, and for ETH it was $810 million.

Data: HYPE, BERA, XDC and other tokens saw large-scale unlocking this week, with HYPE unlocking approximately $305 million worth of tokens.

According to Token Unlocks data, tokens such as HYPE and BERA saw significant unlocking this week, including:

Hyperliquid (HYPE) will unlock approximately 9.92 million tokens at 8:00 AM Beijing time on February 6th, representing about 2.79% of the circulating supply, with a value of approximately $305 million.

Berachain (BERA) will unlock approximately 63.75 million tokens at 9 PM Beijing time on February 6th, representing about 41.7% of the circulating supply, with a value of approximately $30.8 million.

XDC Network (XDC) will unlock approximately 841 million tokens at 8:00 AM Beijing time on February 5th, representing approximately 5.00% of the circulating supply, with a value of approximately $29.3 million.

Ethena (ENA) will unlock approximately 40.63 million tokens at 3 PM Beijing time on February 2nd, representing about 0.55% of the circulating supply, with a value of approximately $5.7 million.

Whale "7 Siblings" buys another $15 million worth of ETH.

A whale transferred 2,819 BTC after an 8-year hibernation, of which 1,500 were deposited into Paxos.

A certain whale has once again increased its holdings of ETH and cbBTC by over $90 million.

A foreign trading whale bought over $100 million worth of ETH and CBBTC within 10 hours.

A certain smart money player spent $85.91 million to buy ETH and BTC.

The "1011 Insider Whale" deposited 15,000 ETH into Binance, bringing its total deposits to over 120,000 ETH in two days.

After a two-month period of inactivity, a whale deposited 1.127 million USDC into Hyperliquid and then opened a short position in BNB with 10x leverage.

The founder of Venice spent 1.72 million USDT to buy 355 XAUT at an average price of $4,842.

A whale's long BTC position was liquidated after 112 days, resulting in a loss of $6.84 million.