On February 6, 2026, at 8:00 AM UTC+8, **Giannis Antetokounmpo** announced on social media that he has joined the prediction market platform **Kalshi** as a shareholder. This cross-industry capital move was quickly amplified in both the sports and crypto trading circles. Subsequently, Kalshi's official account interacted on the same platform, endorsing the event with limited information, further increasing the discussion's intensity. As the news of the mainstream sports MVP being tied to the prediction market spread,

This game is far from over— the next wave of increases may not stem from optimistic sentiment, but rather from the "must-buy" demand.

The market currently has only about a 20% probability of being bubble-priced, while UBS analysts believe that the actual probability of being in a bubble may exceed 80%. The US stock market may first experience a surge of over 20%, followed by a sharp decline when the bubble bursts; the yield on the US 10-year Treasury bond, seen as a "safe haven," may break 5%, disrupting the balance of traditional investment portfolios; while the once-prominent tech stocks may significantly underperform, the long-dormant pharmaceutical sector may rise unexpectedly. February 2026

A transformation aimed at seizing the future rights to issue and settle digital cash, known as "licensed banking," is fully erupting at the intersection of Wall Street and Crypto Valley.

China's central bank and eight other departments clarify that virtual currencies do not have legal status; Bithumb employee error leads to a sharp drop in Bitcoin prices; Federal Reserve Vice Chairman states that there is no need to adjust policies in the short term; the EU proposes the 20th round of sanctions against Russia.

The repurchase plan follows a volatile earnings week and signals confidence in the firm’s balance sheet.

\\\"401ks exist to help people save for a secure retirement, not gamble on speculative assets,\\\" said an industry observer.

On February 6, 2026, East Eight Time, **ENS (Ethereum Name Service)** announced the halt of the development of the dedicated Layer 2 network **Namechain**, changing the originally planned **ENSv2** launch on L2 to a direct deployment on the Ethereum mainnet. This shift closely follows the **Fusaka upgrade** completed by Ethereum in 2025: the mainnet gas limit has been raised to **60 million**, along with changes such as EIP-4444, significantly enhancing the execution layer's capacity.

From February 6 to 7, Eastern Standard Time, after Bitcoin previously dropped below approximately **$60,000**, it staged a rapid counterattack, quickly rising to nearly **$70,000**, showcasing a typical "sharp drop and sharp rise" market trend. The 24-hour Bitcoin price increase on mainstream exchanges was roughly in the range of **2.2%-9.7%**, while the crypto-related sectors in the US stock market also strengthened, with some assets like **Strategy** surging about **20.05%** in a single day, indicating a resonance and repair of risk appetite both on-chain and off-chain.

In the East Eight Time Zone this week, after experiencing a sharp decline, Bitcoin quickly surged from around $60,010, with a rebound of nearly 15%, significantly amplifying the daily volatility of the entire cryptocurrency market. During this period, over $2.6 billion in crypto positions were forcibly liquidated, and the spot Bitcoin ETF recorded a net outflow of about $434 million in a single day. However, in contrast, Bitcoin's price showed relative resilience around the $69,000 range. This "liquidation"

On February 6, at 8:00 AM UTC+8, against the backdrop of Bitcoin's global price breaking **$69,000** and a 24-hour increase of about **2.3%-2.9%**, the South Korean exchange **Bithumb** mistakenly sent **2000 BTC** to users due to an operational error, and then quickly froze accounts and reverted the price. This sharp deviation lasted only about **5 minutes**, contrasting with the price range of **$69,000-$69,100** on **HTX** and **OKX** at the same time.

The crypto asset manager argued that while the current drawdown mirrors the anxiety of 2018 and 2022, long-term upside catalysts remain intact.

Today, the official website of the People's Bank of China released the "Notice on Further Preventing and Dealing with Risks Related to Virtual Currencies and Other Related Issues (Yin Fa [2026] No. 42)" issued by the People's Bank of China, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Public Security, the State Administration for Market Regulation, the Financial Regulatory Bureau, the China Securities Regulatory Commission, and the State Administration of Foreign Exchange. The full text is as follows: Governments of all provinces, autonomous regions, and municipalities directly under the Central Government, Xinjiang Production and Construction Corps: Recently, there have been sporadic speculative activities related to virtual currencies and the tokenization of real-world assets (RWA), disrupting the economic and financial order and endangering the property safety of the people. In order to further prevent...