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Trump Rakes in $429 Million Ahead of Midterm Elections, Crypto Industry Among Top Donors

2 hours ago

On February 3, the Financial Times reported that former U.S. President Donald Trump and his allies raised $4.29 billion in political donations for the midterm elections over the past year, setting a new record for a midterm election cycle. A substantial portion of this funding came from the cryptocurrency and artificial intelligence (AI) industries, reflecting strong capital bets on their policy direction. The Trump-allied super PAC "Make America Great Again" (Maga Inc) currently holds $304 million, exceeding the fund size of any PAC in any prior midterm election year. The report noted that the Trump administration’s pro-crypto stance—including regulatory relaxation, terminated investigations, and legislative support—has been a key driver of large donations. The largest disclosed single donation came from Crypto.com, with the exchange platform contributing $30 million to Maga Inc. A prior SEC investigation into the company during the Biden administration was settled in 2025. Venture capital giant Andreessen Horowitz (a16z) co-founders Marc Andreessen and Ben Horowitz each donated $3 million, while OpenAI co-founder Greg Brockman and his wife collectively gave $25 million. Analysts suggest that as the midterms approach, crypto capital is ramping up its influence on regulatory and policy direction through political donations, with Trump remaining a key figure in the Republican camp drawing crypto funds.
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Wintermute: The Bear Market is Not Over, But the Next Rebound Could Be "Different This Time"

On February 3, crypto firm Wintermute published an article noting Bitcoin has fallen below the $80,000 mark for the first time since the April 2025 Trump tariff event. Over the weekend, cumulative liquidations in the crypto market hit $2.55 billion—marking the 10th largest liquidation event in history. Market consensus holds this downturn wasn’t triggered by a single negative factor, but by the confluence of multiple macro catalysts: - Disappointing earnings from the U.S. stock market’s “Magnificent Seven” (Mag7) tech giants eroding the AI narrative; - The unexpected nomination of Kevin Warsh as Federal Reserve Chair; - A sharp precious metals pullback, with silver briefly plunging 26% intraday and triggering a CME circuit breaker—amplifying overall risk-off sentiment. Analysts note Bitcoin broke below its $85,000–$95,000 trading range (where it fluctuated for two months) as weekend illiquidity and high-leverage positions amplified selling pressure. Currently, crypto assets a

3 minutes ago

If Ethereum drops below $2200, the mainstream CEX long liquidation pressure will reach $476 million

Per Coinglass data as of Feb 3, Ethereum (ETH) liquidation metrics across major centralized exchanges (CEXs) highlight two critical price levels: - A drop below $2,200 would trigger $476 million in cumulative long liquidation strength. - Conversely, a break above $2,400 would lead to $944 million in cumulative short liquidation strength. BlockBeats Note: Liquidation charts do not show the exact number or value of contracts subject to liquidation. The bars on these charts instead reflect the relative importance of each liquidation cluster compared to adjacent clusters—aka "strength." In plain terms, the chart indicates how impactful hitting a specific price will be: Higher bars signal a more intense reaction from a liquidity cascade when that price level is reached.

3 minutes ago

Pre-market Crypto Stock Concept Stocks Surge, CRCL Up 2.21%

**February 3rd Pre-Market Update** Bitget market data shows the three major U.S. stock indexes are trading higher in pre-market sessions: - Dow Jones Industrial Average (Dow): +1.05% - Nasdaq Composite: +0.56% - S&P 500: +0.54% Cryptocurrency-related stocks are also gaining ground, with key moves: - MicroStrategy (MSTR): +1.55% - Coinbase Global (COIN): +1.07% - Robinhood Markets (HOOD): +1.78% - Sports Betting Tech (SBET): +0.77% - BMNR: +1.45% - Circle Internet Financial (CRCL): +2.21% *Note: All figures reflect pre-market trading performance.*

3 minutes ago

「FOMO Shorter」 trader goes short on MEGA with low leverage, enjoying a 27% unrealized gain, consistently shorting popular new coins at all-time highs

On February 3, data from Coinbob Popular Address Monitor (via Coinbob Popular Address Monitor) shows the trader known as "Special Short Coin" (address 0x263) opened a 1x leveraged short position on MegaETH (MEGA) shortly after the token launched on Hyperliquid, with an average entry price of ~$0.214. As unrealized profits grew, the address upped leverage to 2x. Current metrics: ~27% unrealized profit, ~$30,000 position size, and a liquidation price of $0.367. This trader specializes in opportunistic low-leverage shorts on popular new coin contracts at launch. They’ve previously shorted multiple early-stage projects—including PUMP, MON, and LIT—all delivering significant returns.

3 minutes ago

HYPE Mega Bull now has an unrealized profit of over $18.67 million, with a position size of 1.48 million HYPE coins

As of February 3, data from Lookonchain shows that as HYPE’s price continues to climb, the unrealized profit of the HYPE whale address "0x8def" has surpassed $18.67 million. The address holds a long position of 1.48 million HYPE, valued at roughly $54.7 million at current market prices.

3 minutes ago

Aster Launches Phase Six Buyback Plan, Allocating Up to 80% of Platform Fees to Token Repurchase

Feb. 3 — The Aster team formally announced it will launch the Stage 6 Buyback Plan on Feb. 4, 2026, continuing to support the ASTER token via a structured mechanism. Per the plan, Aster will allocate up to 80% of its daily platform fees toward ASTER token buybacks, with details below: ? Daily Automatic Buyback (40% of fees): System-executed daily to reduce circulating supply incrementally, offering predictable, stable on-chain support for the token’s value. Wallet Address: 0x664827c71193018D7843f0D0F41A5D0D6dcEBE0F ? Strategic Buyback Reserve (20-40% of fees): Deployed flexibly based on market conditions for targeted buybacks during volatility or specific periods to boost overall value creation efficiency. Wallet Address: 0xe5779AEEf4ccC5Ec4fD78f008063D7DC4D0A780c Aster noted all buyback transactions are on-chain and publicly verifiable, with regular progress updates to be disclosed thereafter.

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