On Thursday, crypto exchange Gemini said it will exit the United Kingdom, European Union and Australian markets while cutting its workforce by 25%. The firm plans to concentrate on expanding in the United States and scaling its Gemini Predictions platform, which has attracted over 10,000 users and $24 million in trading volume since launching in December 2025.

Speaking with Yahoo Finance's Brian Sozzi on Thursday, Charles Schwab CEO Rick Wurster said prediction markets tied to economic and financial outcomes could help inform investors and support hedging, while rejecting sports betting as misaligned with the firm's mission. Turnover has grown from about $2 billion last summer to nearly $17.5 billion in January, according to The Block data.

Bitcoin fell back under $69,000 on Thursday, wiping out gains since its 2021 cycle peak amid intensified selling across spot and derivatives markets. Binance rejected claims it had sent a cease-and-desist letter over insolvency allegations, while U.S. spot Bitcoin ETFs saw $545 million in net outflows and related Ethereum and Solana products also recorded withdrawals. At the same time, Tether committed a $100 million equity investment in Anchorage Digital and U.S. lawmakers opened a probe into a $500 million World Liberty Financial deal tied to the UAE.

At 5:30 p.m. UTC on February 5, 2026, data from CoinGlass showed 24‑hour crypto liquidations exceeded $1.45 billion, the fourth‑largest daily total in the past 90 days. About 311,000 traders were affected, with longs accounting for $1.24 billion; Bitcoin led at $738.83 million, followed by Ethereum at $337.45 million and Solana at $77.28 million.

On 5 February 2026, Tether Investments announced a $100 million strategic equity investment in Anchorage Digital. The move expands an existing partnership and centers on regulated, secure infrastructure for institutional digital asset adoption. According to the article, Anchorage Digital Bank is the issuer of USA₮ and the first federally regulated digital asset bank in the U.S.

Indiana lawmakers are advancing House Bill 1042, which would open self-directed crypto investment options within certain public pension plans and permit state investments in crypto ETFs. The measure, heard in the Senate Insurance and Financial Institutions Committee on February 5 2026, also curbs local restrictions on crypto activities while a separate bill targets scams linked to virtual currency kiosks by imposing licensing, fee caps, identity checks, and refund requirements.

On 5 February 2026, Bitcoin briefly dropped below $67,000 before trading near $67,500, leaving the asset more than 20% lower over the past week and bringing the $65,000 zone into focus as key support. Over the last 24 hours, crypto liquidations surpassed $1.4 billion, dominated by long positions, while major altcoins such as Ethereum, Solana, XRP, and BNB recorded even steeper weekly losses amid a heavily oversold market.

Vietnam's Ministry of Finance has unveiled a draft regime for digital-asset activity, proposing a 0.1% charge on transfers via licensed platforms and a 20% corporate income tax on domestic profits. A five-year pilot is slated to begin in September 2025 with transactions settled in Vietnamese dong, while exchange operators would face a VND 10 trillion (about $408 million) minimum capital requirement.