Circle has announced a collaboration with Polymarket to bring stablecoin infrastructure to the prediction market.

Feb. 5 — On-chain analyst Auntie Ai (@ai_9684xtpa) notes that if EasyLogic’s Trend Research fully deleverages its Ethereum position, it would need to maintain stop-losses for 320,000 ETH at current prices. Trend Research currently holds 463,000 ETH (valued at ~$9.98 billion), with an average entry cost of $3,180 and $6.25 billion in leverage. Multiple addresses tied to the firm have a liquidation range of $1,574.6–$1,681.49, with an average liquidation price of $1,640.

On-chain data as of February 5 shows BitMine currently holds 4.243 million ETH, with an average cost of roughly $3,849. Amid a recent sustained downturn in the crypto market, Ethereum has now dropped to $1,940—pushing the firm’s unrealized loss on these holdings to a record high of approximately $8.1 billion.

On Feb 5, Michael Saylor—founder of MicroStrategy Inc. (MSTR)—shared a post referencing "HODL" (Hold On for Dear Life). MSTR, the world’s largest Bitcoin treasury holder, is set to release its Q4 2025 earnings report after the U.S. stock market closes today. The company’s unrealized loss on its Bitcoin holdings has widened to over $6.4 billion. Holding 713,502 BTC at an average acquisition price of $76,052, MSTR’s total cost basis is approximately $542.6 billion.

**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.