By :
Publisher : decrypt
Date : February 5, 2025

BTC volatile near $100K, China reignites trade-war, US to get SWF

BTC lingers below $100k as China tariffs US goods. Another $400m liquidations in volatile 24 hours. Liquidations yesterday may have reached $10b: Bybit. Trump set to create US sovereign wealth fund. Lummis hints sovereign wealth fund would buy BTC. Pro-crypto Lutnick to lead sovereign wealth fund. Sachs set for AI & crypto press conference today. MicroStrategy halts BTC purchases, 1st time in weeks. ETH raises gas limits for first time since 2021. Its a great time to add ETH: Eric Trump. Hyperliquid flips ETH in 7-day revenues. WLFI moves $212m ETH to Coinbase Prime. SEC can’t launch probes without leadership approval. TRON, Movement Labs deny token swap for WLFI. CFTC probing Cryptocom and Kalshi’s contracts. Banks may limit crypto exposures: TD Cowen. Kraken secures MiFID license in EU. Coinbase approved to offer crypto services in UK. WazirX set to vote on restructuring. Coinbase criticised for $300m lost to scams.

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