Strong US Economic Data Drives Up Treasury Yields

On February 3, Cointelegraph reported that Elon Musk has said SpaceX could send a physical Dogecoin to the moon as early as next year.

On February 3, Federal Reserve Governor Milan said the Fed will need to cut interest rates by roughly one percentage point this year, per FXStreet.

Feb. 3 — Onchain Lens monitoring indicates BlackRock has just deposited 1134.13 Bitcoin (valued at approximately $88.69 million) and 35,358 Ethereum (valued at approximately $80.65 million) into Coinbase, with expectations of additional deposits to follow.

On February 3, Arbitrum released an official security advisory noting that the X account @arbitrumdao_gov has been compromised. Please do not click any links from this account or interact with its content until further notice. The team is working to regain access to the account and will share updates as they become available.

On February 3, Bitwise Chief Investment Officer Matt Hougan noted that the crypto market has been in a long-term downtrend since early 2025, and the current environment should be viewed as a full-blown "Leonardo DiCaprio-style crypto winter à la *The Revenant*" rather than a temporary technical correction. Historically, crypto winters have typically lasted around 13 months from peak to trough, Hougan said, and this cycle may have kicked off earlier than most investors realize. While Bitcoin hit its peak in October 2025, he noted the market’s underlying weakness was already evident by January 2025—only masked by strong inflows into exchange-traded funds (ETFs) and digital asset treasuries. Though specific timing remains uncertain, Hougan believes the market may be closer to recovery than to further downside. He pointed to several positive catalysts: the winter has already stretched over a year, plus strong economic growth, positive surprises from the Crypto Market Structure Act (CLARI

On February 3, The Block reported that Tether has released an open-source operating system for Bitcoin mining—providing miners with a new alternative to proprietary, manufacturer-controlled software and signaling the firm’s ongoing expansion into crypto infrastructure. The stablecoin issuer said it has open-sourced MiningOS (MOS), an OS built to manage, monitor, and automate Bitcoin mining operations. MOS caters to use cases ranging from small-scale home rig setups to large industrial mining farms. Tether first teased plans for an open-source mining OS last year, arguing new entrants shouldn’t have to rely on costly, closed management tools to participate in Bitcoin mining. Other firms, including Block (founded by Twitter co-founder Jack Dorsey), have also pushed for more open mining infrastructure. Per Tether, MOS boasts a modular peer-to-peer architecture that lets operators run mining operations without relying on centralized services. The system coordinates hardware, energy u