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GM. Crypto news tends to ferment quickly, much like forgotten fruit at the back of the fridge. Let’s bottle the good ones: š Crypto market shaken by US jobs data; š¦ UK cracks down on crypto; š MetaMask now supports Bitcoin, Ripple tests USD stablecoin + more |
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š Market flavor today |
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Ever open 10 browser tabs and forget what you were looking for? That’s kind of what’s happening in crypto today – lots going on, not much clarity.
The latest US jobs report dropped, and at first glance, it looked solid: job growth came in stronger than expected = a sign the economy isn’t rolling over.
But then came the fine print…
Unemployment climbed to its highest level since 2021, and wage growth barely budged.
That combo matters because wages and employment trends feed directly into inflation, aka the Fed’s main obsession.
And that’s where the debate started:
š Strong hiring suggests the economy can handle current interest rates, which would argue for keeping them steady;
š But rising unemployment and sluggish wage growth point to a cooling labor market, easing inflation pressure and reopening the door for future rate cuts.
Two signals. Opposite directions. No clear answer.
Markets hate that.
Crypto felt the uncertainty almost immediately:
š Prices slipped just enough to knock out over-leveraged traders, triggering a bunch of forced liquidations – ~$500M flushed out in 24 hours.
Bitcoin dipped, Ethereum took a harder hit, and volatility increased.
But this wasn’t panic selling. Once the leverage got cleared, prices stabilized, and the market found its footing again.
So where does that leave us?
Crypto’s in wait-and-see mode. One eye on the Fed, the other on upcoming economic data. Until the numbers point clearly in one direction, traders arenāt rushing to make big bets.
Translation:
Seatbelt on. Engine running. Waiting for the next signal š£ļø
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šØ AIRDROP ALERT |
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š„ Memecoin harvest |
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Coins that are playing Black Eyed Peas – Pump It.mp3 š¶ |
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Data as of 10:35 AM EST. |
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Check out these memecoins and plenty more here. |
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Ever tried planning a group trip where everyone has opinions, but nobody wants to drive? That’s basically how UK crypto has felt – a lot of energy, but only partial rules (mainly around financial promotions and financial crime/AML stuff). … But they just grabbed the steering wheel. The Financial Conduct Authority (aka FCA) (aka the UK’s main financial watchdog) has launched a major consultation on what the UK’s full crypto rulebook should look like. And this isnāt a quick “thoughts?” email; they’re digging into the whole stack: š Exchanges & trading platforms; š Market abuse rules (insider trading / manipulation); š Staking; š Crypto lending & borrowing; š And yes, even DeFi. Translation: if you run a crypto exchange, offer staking rewards, or lend/borrow digital assetsā¦ “move fast and wing it” is about to get a lot harder. The comment window is open until Feb 12, 2026 – and the FCA says it aims to land final rules and guidance in 2026, ahead of the government’s timeline where full regulation is expected to start in October 2027 ā° One important reality check, tho’: the FCA stresses that regulation won’t (and shouldn’t) remove all risk – it’s about making sure people take risks with their eyes open, not blindfolded.
So if you’re holding tokens or thinking about staking, don’t read this as “crypto = bank now.” Read it as: the UK just wants crypto to have clearer rules, fewer grey zones, and fewer “sorry bro” moments. The global conversation is switching from “Is crypto real finance?” to “Okay, what version of real finance do we want it to be?” In other words, crypto is maturing. And once the grown-ups show up, the game changes. |
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š News drops you can’t miss |
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š¦ MetaMask added support for Bitcoin, so you can send, receive, buy, and swap BTC without leaving the app. This went live today. šµ Ripple’s testing RLUSD, its new USD-backed stablecoin, on Layer-2 chains like Optimism, Base, Ink, and Unichain. They’re using Wormhole’s NTT system to get everything running before a full launch next year. š§ Cloudflare says 5.6% of last year’s emails were hiding something bad. 1 in 20 was basically a threat. Not the Daily Squeeze, though, we promise. š§āāļø During Trump’s time, the SEC dropped or closed about 60% of its crypto cases, which is way more than with other securities. Since January, a lot of crypto investigations have been shut down. |
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