Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

**Atlanta Fed’s Bostic: Tariffs Not Easing Inflation; No 2026 Rate Cuts Expected** On February 3, Atlanta Federal Reserve President Raphael Bostic said in a speech that tariffs have not relieved U.S. inflationary pressures. Looking ahead to the first half of 2026, Bostic projected the economy will sustain solid growth but inflation will remain elevated—a trend he described as “worrisome.” He noted the U.S. economy shows strong resilience even excluding the effects of tax cuts and deregulation, and no current forecasts call for a labor market deterioration. Regarding monetary policy, Bostic expects no rate cuts in 2026, adding that one or two additional rate cuts will bring interest rates to a neutral level. Bostic’s term as Atlanta Fed President is expiring; he will retire on February 28. (Source: FX678)

On February 3, DLNews reported that French police have arrested three men in their 20s charged with kidnapping and torturing a 74-year-old man in an attempt to extort $3.5 million worth of cryptocurrency from his son. Officials told reporters the victim endured nearly 16 hours of abuse at the group’s hands. French outlet Actu 17 noted police said the three men kidnapped the unnamed elderly man from his Valence, Isère (southeastern France) home in the early hours of January 25. They forced him into a car and took him to a backroom of a bar in Valence, where the attackers allegedly filmed themselves torturing him. The group then sent the torture video to the man’s son via encrypted messages, demanding an unspecified amount of crypto as ransom. When they learned the son was not the crypto millionaire they’d mistakenly believed—just a web developer with little crypto—they released the victim at 11 p.m. the same day, pushing him out of the car on the roadside. Crypto-related kidnappin

February 3: The U.S. Bureau of Labor Statistics will not release the January jobs report on schedule due to a partial U.S. government shutdown.

Feb. 3 — On-chain data shows Circle has just minted an extra 7.5 billion USDC on the Solana network.

On Monday, February 3, Tom Lee told CNBC’s “Squawk Box” in an interview that selling pressure in the crypto market may be losing steam. “All the pieces are in place, and the crypto market could be in the process of bottoming out now,” Lee said. He added that he believes the crypto industry’s fundamentals remain solid, noting in particular that activity on the Ethereum network has grown more active. “If that holds, crypto prices should rise in turn,” Lee noted.

Feb. 3 — Official sources confirm Sky Protocol (formerly MakerDAO) repurchased 130 million SKY tokens in January, spending 8.5 million USDS. Since its buyback program launched in February 2025, total USDS spent on repurchases has exceeded $106 million.