「Silver Squeeze Air Force」 Goes Short on Silver Again, Average Entry Price $83.73

On February 3, per Bitget market data, spot silver climbed above $88 per ounce—fully recouping yesterday’s losses and notching an intraday gain of over 11%.

Bloomberg — Galaxy Digital, the cryptocurrency financial services firm founded and led by billionaire Michael Novogratz, reported a wider-than-expected loss in the fourth quarter of 2025 amid a downturn in the crypto market. In a Tuesday statement, the company said its net loss for Q4 2025 totaled $482 million, or $1.08 per share—driven primarily by falling digital asset prices during the period. Bloomberg-surveyed analysts had forecast a loss of $282 million, or $0.99 per share.

February 3 (Tuesday) — Richmond Federal Reserve President Tom Barkin said Tuesday the Fed’s rate cuts so far have helped "insure" the labor market’s health, as policymakers work to finish the "last mile" of getting inflation back to the 2% target. Barkin noted the Fed has cut rates by 1.75 percentage points since fall 2024 — a move that "provides some insurance to support the labor market as we work through the final stages of hitting our inflation goal." The unemployment rate remains historically low, he added, while inflation is still about 1 percentage point above the 2% target but expected to ease in coming months. "Inflation has been above our target since 2021, and I take this persistent deviation very seriously," he said. "No matter the reasons, today’s inflation data will impact tomorrow’s inflation." Barkin projected the economy will stay resilient in 2026, with regulatory easing and tax cuts delivering "significant stimulus" and businesses retaining confidence in sus

Feb 3 — On-chain analyst Ai Auntie (@ai_9684xtpa) reports Trend Research transferred another 20,000 ETH to Binance 2 hours ago. Today’s total transfers reach 65,000 ETH (valued at $150 million), with an expected loss of $51.03 million.

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.