Market Update for Tuesday, February 3

- Gold has regained the $4,800 mark, while Bitcoin is trading between $78,000 and $79,000. Altcoins are showing slight movement as Bitcoin dominance surpasses 60%.

- The Trump administration has reduced tariffs on India from 25% to 18% due to India's halt on oil purchases from Russia and a commitment to buy American goods.

- The U.S. Nonfarm Payroll report for January, scheduled for February 6, has been postponed due to the partial government shutdown, as the House has not yet passed the necessary legislation.

ETF Spot Update from February 2
- Bitcoin is up by $132.3 million; BlackRock has not yet provided data.
- No data available for Ethereum or Solana.

- The White House is in discussions with Coinbase, the crypto association, and banks regarding stablecoin interest rate regulations, but consensus has not been reached.

- South Korea is upgrading its AI system to monitor the crypto market for automatic detection of price manipulation.

- Cboe, the leading U.S. options exchange, plans to reintroduce binary options for investors, competing with Kalshi and Polymarket.

- Ripple has received a crypto organization license (EMI) in Luxembourg, allowing it to expand its payment and digital asset services across the EU.

- Hyperliquid is adding a prediction market feature on HyperCore through HIP-4, currently being tested on the testnet.

- Last week, a strategy accumulated 855 BTC ($75 million), increasing total holdings to 713,502 BTC ($56 billion).

- Bitmine acquired an additional 41,788 ETH ($96 million) last week, with CEO Tom Lee remaining optimistic about Ethereum's future.