Shield: The KiloEx Attacker Tagged Address has returned approximately 1.4 million USDT to KiloEx

On February 5th: U.S. initial jobless claims for the week ended January 31 came in at 231,000, vs. expected 212,000 and prior 209,000. (FX168)

Feb. 5 — CoinDesk reports that Brazil’s National Congress Science and Technology Innovation Committee has passed a bill banning the issuance or trading of algorithmic stablecoins (including Ethena’s USDe and Frax). The new legislation mandates all stablecoins issued in Brazil be fully backed by reserve assets; issuing uncollateralized stablecoins will be classified as financial fraud, punishable by up to 8 years in prison. For foreign-issued stablecoins like USDT and USDC, only firms authorized to operate in Brazil may offer them, and exchanges must verify foreign issuers comply with Brazilian regulatory standards. Per Brazilian Revenue Service data, stablecoins currently account for 90% of the country’s crypto trading volume. The bill still needs approval from multiple committees and Senate review to become law.

On February 5, JPMorgan Chase noted that Bitcoin’s long-term appeal versus gold has grown following gold’s strength and rising volatility. While cryptocurrencies have weakened recently, Bitcoin’s current trading price remains well below its $87,000 average production cost—a level historically viewed as a relative bottom. Over the long term, Bitcoin holds significant upside potential.

On February 5th, the European Central Bank (ECB) kept its three key interest rates unchanged—aligning with market expectations—and held steady for the fifth straight meeting. The deposit facility rate, main refinancing rate, and marginal lending rate remain at 0.00%, 0.25%, and 0.50%, respectively. The ECB noted it will take a data-dependent, meeting-by-meeting approach. (FXStreet)

February 5th — U.S.-listed DDC Enterprise Limited added to its Bitcoin holdings for the fourth straight week, purchasing an additional 105 coins to bring its total to 1,888. To date, the company’s average Bitcoin purchase price stands at $86,868.

On February 5, ETHZilla—formerly the 9th-largest Ethereum Decentralized Autonomous Treasury (DAT) firm—announced a pivot to real estate tokenization. The company has acquired $4.7 million in loans tied to 95 prefabricated and modular homes, with plans to tokenize these assets on an Ethereum Layer 2 network. The loans are secured by first-lien mortgages and carry an expected annual yield of ~10%, which will be converted into cash flow. ETHZilla’s shift comes amid a sharp drop in its Ethereum holdings: its stock has plummeted more than 90% from its August 2025 peak of $107, and the firm sold over $110 million worth of Ethereum last year for buybacks and debt repayment.