Crypto firms have floated giving community banks a bigger role in stablecoins, including holding part of issuers' reserves, to salvage a market‑structure bill. An analyst warned stablecoins may drain up to $500 billion of deposits by 2028, while supply has grown about 40% over the past year. Talks reportedly remain unresolved.

On February 5, 2026, World Liberty Finance sold 73 WBTC for $5.04 million in USDC, with Lookonchain citing a $69,000 unit price. Arkham data shows the sale occurred in two batches worth $2.77 million and about $2.28 million. Lawmakers also questioned WLFI's ownership and UAE ties at a House Financial Services Committee hearing.

Strategy reported a $12.4 billion net loss for the fourth quarter of 2025, largely due to unrealized losses on its sizable bitcoin holdings under fair value accounting, while the stock dropped 18% in a single session. The company also booked a $17.4 billion operating loss tied to digital asset markdowns, expanded its bitcoin position to 713,502 BTC, and raised $25.3 billion in 2025 to bolster a USD reserve for dividend coverage. Core software revenue inched higher, but product support declined and margins narrowed.

On Thursday, Tether said it will invest a total of $150 million in Gold.com, initially buying about $125 million in common shares and adding $25 million after regulatory approval. The stablecoin issuer, which already directly holds roughly 140 tons of gold and dominates over half of the gold stablecoin market through Tether Gold, will also gain the right to nominate a Gold.com board member as the firms pursue a vertically integrated gold ecosystem.

A group of European tokenization and market infrastructure firms has asked EU legislators to rapidly amend the DLT Pilot Regime, arguing that current asset limits, volume caps and license durations are holding back regulated onchain markets. They warn that without a narrow technical fix, tokenized asset activity may shift to the United States, where regulators and major exchanges have already moved to clarify how tokenized securities can be issued, custodied and settled within existing frameworks.

On February 5, 2026, Amazon shares dropped more than 10% in after‑hours trading after the company reported Q4 EPS of $1.95 versus a $1.97 estimate. Revenue reached $213.39 billion, topping a $211.33 billion forecast, as Amazon outlined a $200 billion capital expenditure program for 2026, above analyst expectations around $146.6 billion.

A large Aave loan backed by roughly 355,093 AAVE — about 2.3% of supply — began cascading liquidations on Thursday during a market pullback. Roughly $2 million of collateral was seized across four transactions to repay nearly $2 million in USDC, after AAVE dipped near $104–$103; it later traded around $105.60, down 15% on the day.

On February 5, 2026, Wall Street desks pivoted to downside scenarios as Bitcoin fell to $63,500 per TradingView, sliding from $70,000 earlier the same day and nearly 40% below its near‑$126,000 peak. Signals and cycle studies from 22V Research, Tallbacken Capital and Galaxy Digital highlighted potential levels near $60,000, $58,000, $45,000 and $35,200, alongside almost $4 billion in ETF outflows over three months.