Crypto Morning Brief: U.S. Government Shutdown Ends, MetaMask Integrates Ondo Finance to Launch Tokenized U.S. Stock Trading Feature

marsbit2026-02-04 tarihinde yayınlandı2026-02-04 tarihinde güncellendi

Özet

This crypto market digest covers key developments from February 3, 2026. The U.S. government ended its partial shutdown after President Trump signed a funding bill. Regulatory progress continues as Senate Democrats plan another closed-door meeting on the CLARITY Act, while the Avalanche Policy Alliance established an advisory committee to push for global regulatory coordination. In product updates, MetaMask integrated with Ondo Finance, enabling non-U.S. users to trade over 200 tokenized U.S. stocks and ETFs directly using USDC. BNB Chain introduced new application-layer standards (BAPs) and a non-fungible agent (NFA) token standard. Tether launched MiningOS, an open-source Bitcoin mining operating system. On the security front, Step Finance confirmed a $40 million treasury exploit due to a team device breach but has recovered approximately $4.7 million so far. Market sentiment was impacted by a triple threat: poor earnings from major tech companies, uncertainty around the new Fed chair nomination, and a sharp correction in precious metals. Bitcoin fell below $80,000, triggering a record $2.55 billion in liquidations. Despite the bearish trend, analysts from Wintermute anticipate a potential market recovery in the second half of 2026, citing solid industry infrastructure. Other notable news includes Tria's tokenomics reveal for its 10 billion TRIA token supply and a court filing suggesting Jeffrey Epstein may have indirectly invested $3.25 million in Coinbase's 2014 Serie...

Author: Deep Tide TechFlow

Yesterday's Market Dynamics

Trump Signs Funding Bill Early This Morning, Ending Partial Government Shutdown

According to Jinshi Data, on February 3 local time, U.S. President Trump signed the government funding bill in the Oval Office of the White House, ending the partial government shutdown. Earlier that day, the U.S. House of Representatives voted to pass the funding bill for several federal departments for the remainder of the fiscal year, resolving the partial government shutdown that began on January 31. The bill will provide funding for several federal departments until September 30, the end of the fiscal year, and provide two weeks of funding for the Department of Homeland Security, which has recently faced controversy and protests over immigration enforcement actions, to allow all parties to continue negotiations on improving the department's operations.

Crypto Journalist: U.S. Senate Democrats Plan Another Closed-Door Meeting on the CLARITY Act Tomorrow

According to cryptocurrency journalist Eleanor Terrett early this morning, U.S. Senate Democrats plan to convene another closed-door meeting tomorrow to discuss the CLARITY Act (Cryptocurrency Market Structure Act). Two informed sources revealed that this will be the first meeting of Democratic members since the Senate Banking Committee postponed the bill's review last month.

Avalanche Policy Alliance Forms Advisory Committee, Calls for Global Crypto Regulatory Coordination

According to The Block, the Avalanche Policy Alliance announced the formation of an advisory committee on February 3, led by Ava Labs General Counsel Lee Schneider, with UK House of Lords member Chris Holmes and several Avalanche ecosystem executives joining. The committee will focus on three core priorities in 2026: token classification, definition of intermediaries, and protecting internet access rights.

The committee's formation comes as the U.S. is working to pass comprehensive crypto regulation, the EU has begun implementing MiCA regulations, the UK plans to introduce a new regulatory framework by 2027, and Japan continues to lead in rule-making.

BNB Chain Releases Application Layer Standard BAPs and NFA Token Standard BAP-578

According to an official announcement, BNB Chain has released a new application layer standard, BAPs, and a Non-Fungible Agent (NFA) token standard, BAP-578.

The BAPs standard aims to make the application layer more consistent, interoperable, and easier to build, enabling faster development, clearer integration methods, and a better developer experience. It focuses on standardizing the application layer, covering application interfaces, wallet and identity conventions, token and NFT utility standards, and interoperability between applications.

BAP-578 is a Non-Fungible Agent (NFA) token standard. NFA is an AI-driven asset that can operate autonomously on-chain.

Step Finance Confirms Theft Amount Reached $40 Million, Advises Users to Temporarily Avoid Interaction

According to an official statement from Step Finance, the security incident on January 31 resulted in approximately $40 million being stolen from its treasury due to the compromise of an executive team device. Step Finance is currently collaborating with cybersecurity researchers and relevant departments to investigate the matter and has notified law enforcement agencies.

During the enhanced security measures, Step Finance has suspended multiple operational activities. Through the built-in security protection of Token22 and rapid coordination with partners, Step Finance has successfully recovered approximately $3.7 million in Remora assets and $1 million in other assets.

The official advice is for users to temporarily avoid interacting with the STEP token until the investigation is complete. The project will take a snapshot from before the attack and is seeking solutions for STEP token holders. Remora Markets was not affected by this incident, and all rTokens remain 1:1 backed by custodial collateral.

Tether Launches Open-Source Bitcoin Mining Operating System MiningOS

According to The Block, Tether has released an open-source Bitcoin mining operating system called MiningOS (MOS), providing miners with a new alternative to proprietary, vendor-controlled software. The system is designed with a modular, peer-to-peer architecture, capable of managing mining activities without relying on centralized services, suitable for setups ranging from small home operations to large industrial sites. MOS is released under the Apache 2.0 open-source license, is hardware-agnostic, and can coordinate hardware, energy usage, device health status, and site-level infrastructure.

Tether CEO Paolo Ardoino stated that MiningOS aims to make Bitcoin mining infrastructure more open, modular, and accessible.

Additionally, Tether announced that it will release and develop the Mining SDK in collaboration with the open-source community in the coming months. This move is part of Tether's ongoing business expansion. The company reported a net profit of over $10 billion in 2025, and its business has expanded from core stablecoins to mining, payments, and infrastructure.

Tria Reveals Tokenomics: Total Supply 10 Billion, Community Allocation 41.04%

According to official news, the self-custody digital bank Tria has unveiled the TRIA tokenomics model. The total supply is 10 billion tokens, adopting a fixed supply, hard cap model with no inflation design.

The TRIA token has five core functions within the system: BestPath settlement, staking and routing access, gas and fee subsidies, governance, and membership benefits. In the token allocation, the community receives 41.04%, the foundation 18%, ecosystem and liquidity 15%, investors 13.96%, and core contributors 12%. The genesis circulating supply is 2.189 billion tokens, accounting for 21.89% of the total.

Previous news reported that the self-custody digital bank Tria completed a $12 million funding round with participation from the Ethereum Foundation, Wintermute, and others.

MetaMask Integrates Ondo Finance to Launch Tokenized U.S. Stock Trading Feature

MetaMask and Ondo Finance announced a partnership. On February 3, 2026, Ondo Global Markets was integrated into the MetaMask mobile wallet, providing eligible non-U.S. users with access to trade over 200 tokenized U.S. stocks, ETFs, and commodities.

Users can purchase these tokenized assets using USDC on the Ethereum mainnet, enjoying 24/5 trading and 24/7 transfer functions without the need to open a traditional brokerage account. Tradable assets include well-known stocks like Tesla, Nvidia, and Apple, as well as ETFs such as SLV (silver), IAU (gold), and QQQ.

Trend Research, Under Yi Lihua, Transfers Another 15,000 Ethereum to Binance, Total Sold Reaches 153,000

According to Onchain Lens monitoring, Trend Research, under Yi Lihua, transferred another 15,000 Ethereum (worth approximately $33.08 million) to Binance.

Data shows that Trend Research has now transferred a total of 153,588 Ethereum (worth approximately $352.43 million) to Binance for sale and loan repayment.

Wintermute: Bitcoin Falling Below $80,000 Due to Triple Blow, Market Recovery Expected in Second Half of 2026

Wintermute stated that the Bitcoin price fell below $80,000 for the first time since April 2025, triggering a record $2.55 billion in liquidations over the weekend, making it the tenth-largest liquidation event in cryptocurrency history.

This decline was caused by multiple factors: disappointing earnings from Mag7 tech giants (especially Microsoft) weakening the AI narrative, policy uncertainty triggered by the nomination of Kevin Warsh as Fed Chair, and a sharp adjustment in the precious metals market (gold down 9%, silver plummeting 26%).

Analysts pointed out that although the market is currently in a bearish state, unlike previous cycles, this decline is not due to structural issues (like the FTX collapse) but is driven by macro trends and market sentiment fluctuations. The crypto industry's infrastructure is relatively solid, and a recovery is expected in the second half of 2026 as the macro environment becomes clearer.

U.S. DOJ Documents Suggest Epstein May Have Invested $3.25 Million in Coinbase in 2014

According to Cointelegraph, newly released emails by the U.S. Department of Justice indicate that the late financier Jeffrey Epstein may have invested $3.25 million in cryptocurrency exchange Coinbase in 2014, purchasing 195,910 Series C shares. At that time, Coinbase was valued at $400 million. According to the documents, Epstein sold half of his stake in 2018 at a $2 billion valuation, profiting $15 million. The investment was made through intermediaries, including Blockchain Capital founders Bradford Stephens and Brock Pierce. The documents do not show that Coinbase executives had direct contact with Epstein or were aware of the investor's true identity.

Market Dynamics

İlgili Sorular

QWhat significant action did the U.S. government take to end the partial shutdown, and when was it signed?

APresident Trump signed the government funding bill on February 3rd, ending the partial government shutdown that began on January 31st.

QWhat new feature did MetaMask integrate in partnership with Ondo Finance, and which users are eligible?

AMetaMask integrated Ondo Global Markets, offering trading for over 200 tokenized U.S. stocks, ETFs, and commodities for eligible non-U.S. users via its mobile wallet.

QWhat was the cause and scale of the security incident at Step Finance, and how much funds were recovered?

AStep Finance suffered a security breach due to compromised executive team devices, resulting in the theft of approximately $40 million from its treasury. They recovered about $4.7 million ($3.7M in Remora assets and $1M in other assets).

QWhat new open-source system did Tether launch for Bitcoin mining, and what are its key features?

ATether launched MiningOS (MOS), an open-source Bitcoin mining operating system. It features a modular, peer-to-peer architecture, is hardware-agnostic, and manages mining activities without relying on centralized services.

QAccording to Wintermute, what were the three main factors that caused Bitcoin to fall below $80,000?

AWintermute attributed the drop to a 'triple whammy': disappointing earnings from Mag7 tech giants (like Microsoft) weakening the AI narrative, policy uncertainty from Kevin Warsh's Fed Chair nomination, and a sharp correction in precious metals (gold down 9%, silver down 26%).

İlgili Okumalar

As Consensus Accelerates, What Are Young Investors Betting On?

Title: As Consensus Forms Faster, What Are Young Investors Betting On? In the rapid evolution of tech investment, a new generation of young investors is navigating a landscape where AI, robotics, commercial aerospace, and quantum computing are advancing simultaneously. Traditional investment logic based on financial models is giving way to a need for deep technical understanding and the ability to act before industry consensus forms. An analysis of trends from the "WAIC FUTURE TECH" list of young investment leaders reveals key shifts in focus. The first major trend is the movement of AI from the digital screen into the physical world. Investment is shifting from large language models and chatbots towards embodied AI, robotics, AI hardware, and edge computing. While demonstrations generate excitement, the real challenge lies in achieving scalable, reliable, and cost-effective delivery in complex real-world environments like factories and logistics. Success depends not just on algorithms but on the integration of sensors, actuators, and control systems. Second, the competitive focus for large models is moving beyond raw capability toward building an "intelligence flywheel." The goal is to create self-reinforcing systems where user interaction generates data, improving the model, which in turn enhances the user experience and attracts more engagement. Companies that successfully embed AI into workflows to create these closed-loop systems can build lasting value that isn't easily erased by the next model upgrade. Third, facing a potential bottleneck in high-quality human-generated data, investors are looking at new underlying technologies. Reinforcement learning and self-play, as demonstrated by AlphaGo Zero, offer paths for AI to generate its own experience. Scientific foundation models, which aim to build general AI capabilities for fields like life sciences and materials discovery, represent a non-consensus direction that could unlock new frontiers of knowledge and data. Finally, in deep-tech areas like quantum computing, commercial aerospace, and space-based infrastructure, patient capital is essential. These fields have long, uncertain development and validation cycles involving complex engineering, supply chains, and regulations. Investment here requires a long-term view, focusing on foundational team capabilities and the eventual emergence of market demand, even if commercial returns are distant. Collectively, these trends illustrate how young investors are adapting to a new era. They are learning to make earlier, technically-informed judgments, balance hype with real-world viability, and provide the patient capital needed to build the deep-tech foundations of the future.

marsbit27 dk önce

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marsbit27 dk önce

Unlocking $100 Million in Liquidity? Pump.fun's New Policy Tests the 5-Minute Pump Technique

Foresight News, July 21 – Pump.fun has launched its new "BOOST" mode as the standard launch mechanism for new tokens. The core of BOOST is to address the issue of "dead liquidity." Historically, when a token migrates from its bonding curve to a liquidity pool, roughly 20% of its liquidity becomes permanently locked and unusable, a problem the platform estimates costs over $100 million annually. The new mechanism redirects this 20% of funds, which would have been locked, to instead be used for a 5-minute Time-Weighted Average Price (TWAP) buyback of the token immediately after migration. The purchased tokens are then permanently burned. For example, this means reserving 17.6 SOL for SOL pairs or about $2516 for USDC pairs at migration. This creates a short-term buying pressure and reduces the token's supply. The goal is to improve the immediate post-launch performance of memecoins, potentially increasing trader retention and transaction volume on the platform. However, critics warn this could lower the bar for token launches, encouraging low-quality projects, and that the brief 5-minute buy pressure might lead to sharper price crashes once it ends if followed by large sell-offs.

Foresight News37 dk önce

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Foresight News37 dk önce

What Signals Can Be Read from the Trading Data of India's Largest Asset Manager SBI's IPO?

India's largest asset manager, SBI Funds Management, successfully listed on July 21 with a nearly $10 billion IPO, attracting approximately 42 times subscription. However, the first-day closing price rose only about 6.3%, falling short of the 16% premium anticipated in the grey market. This signals robust demand for core Indian financial assets but also disciplined pricing, indicating the IPO market is selectively open for strong brands with clear growth narratives. The low reported underwriting fees, which led some global banks to reduce participation, highlight a shift in pricing power towards powerful issuers like SBI. Its strong brand, banking parent, and stable cash flows reduced reliance on traditional investment banking sales channels, with local brokers playing a larger role. This fee dynamic may not be replicable for weaker issuers. SBI's performance is seen as a key test for India's IPO pipeline, including potential future large listings like Reliance Jio and NSE. Its success with tempered gains sets a new price anchor: high-quality assets can launch, but excessive valuation premiums are constrained. The true measure of a sustained market reopening will be whether subsequent major offerings can proceed smoothly at reasonable valuations.

marsbit55 dk önce

What Signals Can Be Read from the Trading Data of India's Largest Asset Manager SBI's IPO?

marsbit55 dk önce

Can Japan Buy Growth with AI? Will the Bond Market Believe It?

Japan's cabinet has introduced the 2026 Basic Policy on Economic and Fiscal Management and Reform, shifting its primary fiscal target. The new framework moves away from the traditional annual primary balance goal and instead prioritizes a stable reduction of the debt-to-GDP ratio. This change is tied to a strategy of increased "responsible proactive fiscal" spending, aiming to boost long-term growth through investments in strategic sectors like AI, semiconductors, energy, and robotics. The government estimates total public and private investment in 62 key technologies could exceed 370 trillion yen by 2040. The market reaction has been mixed and cautious. While equity markets may respond to policy signals, bond markets are focused on fiscal credibility. Concerns center on whether the weakening of the clear primary balance anchor could lead to looser fiscal discipline. If investors doubt that these strategic investments will generate sufficient productivity gains, tax revenue, and nominal growth to outpace rising interest costs, they may demand higher yields on Japanese Government Bonds (JGBs). Recent volatility in the yen and JGB yields, with the 10-year yield briefly reaching 2.9%, reflects this skepticism. The success of this new framework hinges on two factors: whether Japan can achieve a nominal growth rate consistently higher than its long-term interest rates, and whether future budgets demonstrate disciplined control over bond issuance. The government's narrative is that strategic investment is essential to break Japan's cycle of low growth, aging, and labor shortages. However, the bond market will continuously assess the credibility of this plan, pricing the risk that it may represent fiscal expansion rather than a viable growth strategy.

marsbit1 saat önce

Can Japan Buy Growth with AI? Will the Bond Market Believe It?

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Misjudged A-Shares: Resilience, Expectations, and Confidence

China's A-share market recently faced selling pressure, especially in tech sectors, initially triggered by a global tech sell-off that began in South Korea. However, the article argues this is a case of "mistaken injury" and highlights the market's underlying resilience. This resilience stems from three main pillars: **1) Tech Sector Fundamentals:** Unlike Korea's market dominated by a few memory chip stocks, China's tech sector is diversified across computing, communications, electronics, and semiconductors, supported by dual narratives of global AI supply chains and domestic substitution. Core areas like optical modules and fiber optics continue to show strong earnings growth. **2) "National Team" Support:** State-backed institutions and large corporations have made significant market purchases and announced buybacks, providing liquidity and signaling confidence. This is seen as a stabilizing policy signal, often associated with market bottoms. **3) Broader Market Pillars:** Other major sectors are showing endogenous recovery momentum. Consumer stocks benefit from stabilizing CPI and signs of sector recovery (e.g., liquor price hikes). Cyclical sectors like aluminum have high earnings, potential price increases due to tight supply, and low valuations. The financial sector offers stable dividends and low valuations. The conclusion is that the sell-off was driven by external contagion, not a collapse in fundamentals. With strong policy support and recovering momentum across key sectors, the A-share market possesses the toughness to regain stability.

marsbit1 saat önce

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Crypto Morning Brief: U.S. Government Shutdown Ends, MetaMask Integrates Ondo Finance to Launch Tokenized U.S. Stock Trading Feature

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Yesterday's Market Dynamics

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İlgili Sorular

İlgili Okumalar

As Consensus Accelerates, What Are Young Investors Betting On?

Unlocking $100 Million in Liquidity? Pump.fun's New Policy Tests the 5-Minute Pump Technique

What Signals Can Be Read from the Trading Data of India's Largest Asset Manager SBI's IPO?

Can Japan Buy Growth with AI? Will the Bond Market Believe It?

Misjudged A-Shares: Resilience, Expectations, and Confidence

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