Huang Renxun has left Beijing, and NVIDIA has not disclosed whether Huang Renxun met with the DeepSeek founder.

**Binance Alpha Updates** - On February 5, Binance Alpha will launch Rainbow (RNBW). - Alpha trading kicks off at 1:00 AM ET on February 6, 2026. - **Airdrop Details**: - Eligible users: Hold a minimum of 241 Alpha Points - Airdrop amount: 430 RNBW tokens (first-come, first-served) - Threshold adjustment: If the reward pool isn’t fully claimed, the point threshold drops by 5 points automatically every 5 minutes - Claim cost: 15 Alpha Points deducted per claim Note: All times are in Eastern Time (ET) for U.S. context.

On February 5, Ethereum briefly fell to $1,950, posting a 9.7% drop over the past 24 hours, per HTX market data. Yihuihua subsidiary Trend Research’s average Ethereum settlement price is around $1,640—roughly $300 lower than current levels. Since the afternoon of February 1, Trend Research has cumulatively sold 188,500 ETH at an average price of $2,263, repaying $385 million in USDT to reduce leverage. Its outstanding ETH lending positions have liquidation prices ranging from $1,576 to $1,682, with most clustered around $1,640. Current holdings stand at 463,000 ETH (valued at ~$998 million) with an average cost of $3,180 per ETH, resulting in a total loss of $647 million—$173 million in realized losses and $474 million in unrealized losses. Outstanding leveraged loans total $625 million.

Feb. 5 – Bitcoin extended its decline, falling as low as $67,000, per HTX market data. The cryptocurrency has posted a 10.2% drop over the past 24 hours.

On February 5th, HTX market data shows Bitcoin’s decline accelerated below $68,000, extending its 24-hour drop to 9.6%.

On February 5th, per Bitget market data, the U.S. stock market extended losses. The Nasdaq dropped below 22,500 points, posting a 24-hour decline of 1.63%, while the S&P 500 Index fell below 6,800 points with a 24-hour drop of 1.2%.

On February 5, HTX market data shows Bitcoin’s decline accelerated, falling below $68 billion.