A Nevada state court has issued a 14-day temporary restraining order preventing onchain prediction market Polymarket, operated by Blockratize, from offering event contracts to residents in the state. The ruling relies on Nevada gambling law, rejects arguments that the Commodity Exchange Act gives the CFTC exclusive authority over such markets, and sets a preliminary injunction hearing for Feb. 11 while the broader legal dispute continues.

JPMorgan's 2026 Global Family Office Report, covering 333 offices across 30 countries with an average net worth of $1.6 billion, reports that 89% have no crypto exposure while 65% rank artificial intelligence as a key investment theme. At the same time, select Hong Kong and Asian family offices are committing tens to hundreds of millions of dollars to crypto funds and private equity vehicles, highlighting a divide between survey results and on-the-ground institutional allocations.

On Monday, February 2, BlackRock trimmed its exposure to Bitcoin and Ethereum by more than $600 million, offloading 6,306 BTC worth about $496.41 million and 58,327 ETH valued at roughly $138.23 million. These moves made the firm responsible for 78% of U.S. spot Bitcoin ETF outflows and nearly 54% of Ethereum redemptions that day, while both BTC and ETH prices remained under pressure in early February.

A UAE-backed investment vehicle acquired a 49% interest in World Liberty Financial, the Trump family's cryptocurrency firm, for $500 million under a deal signed on January 16, 2025, four days before Donald Trump's second inauguration. The investment was structured in two $250 million tranches, altered the Trump family's equity stake, and granted the Emirati side a 49% holding via Aryam Investment 1. The company issues the USD1 stablecoin, which was later used to settle a $2 billion crypto investment, while separate U.S.-UAE agreements covered access to Nvidia AI chips in 2025.

Nintendo said it will maintain its goal of selling 19 million Switch 2 units in the year to March 2026, after shipments reached 17.37 million by December, including 7 million during the holiday quarter. In the fiscal third quarter, revenue rose to 806.32 billion yen and net profit to 159.93 billion yen, both up year on year.

On February 3, 2026, Tether Holdings revealed it has built a gold position of about 140 tons worth $23 billion, placing it among the world's largest private bullion holders. The company bought over 70 tons last year for reserves and its XAUT gold-backed stablecoin and is currently adding more than a ton per week, while XAUT has climbed nearly 4% in 24 hours and posted strong weekly and monthly gains.

In January, the ISM Manufacturing PMI climbed to 52.6, the strongest level since 2022, as U.S. manufacturing returned to expansion while Bitcoin traded near $78,000 in its fifth straight month of correction. Spot crypto volumes have fallen to their lowest levels since 2024 alongside $2.56 billion in liquidations and a total market capitalization of $2.58 trillion, as analysts debate whether the macro rebound can revive demand or if structural weakness will dominate.

In 2025 Q3, the IMF reports the renminbi at 1.93% of global FX reserves, about $251 billion within a $13 trillion pool, while the dollar holds 56.92%. Amid capital controls, Chinese traders and exporters increasingly use USDT and Bitcoin, and stablecoins in circulation exceed $305 billion, according to Artemis.