The BNB Chain developer team released a statement saying that the goal of BAP (BNB Application Proposals) is to make the application layer more consistent, more interoperable, and lower the development threshold. By sharing standards, the ecosystem can achieve faster development speeds, simpler integration methods, a better developer experience, and reduce one-off implementations. The official introduction states that BAP covers extensions to existing token standards, identity and wallet specifications, off-chain data conventions, dApp/proxy/protocol interfaces, and BNB Chain smart contract best practices. BAP will follow the process defined by BEP-1, including idea discussion, draft submission, community and editorial review, and will ultimately be adopted as an official standard.

Ethereum (ETH) is currently exhibiting bearish signals, with a technical breakdown of a classic inverse cup and handle pattern indicating potential further decline. According to NS3.AI, the price has dropped below crucial resistance levels and moving averages, which is supported by on-chain data that underscores the negative outlook. Investor sentiment remains cautious, driven by fears of a downturn in the crypto cycle and apprehensions about an AI bubble affecting risk appetite.

Ethereum's price faces further downside risks in February. Technically, ETH has entered a typical "Inverse Cup and Handle" pattern breakout phase. If the pattern completes, the target price is around $1665, representing approximately 25% downside from current levels. Looking at the price action, ETH broke below the neckline of the pattern around $2960 in January, subsequently rebounding to test that level but encountering resistance and falling back. It also failed to regain the 20-day and 50-day EMAs, which have now become significant resistance levels. Multiple technical signals are converging, reinforcing the expectation of continued short-term declines. On-chain data is also bearish. The extreme deviation of the MVRV indicates a potential downside target for ETH around $1725, and further declines cannot be ruled out. Historically, ETH has repeatedly bottomed out and rebounded only after touching or breaking below the lower MVRV line. At the macro level, market risk appetite for crypto assets has declined, with some traders worried about a potential overall correction similar to the past "four-year cycles" in 2026. Meanwhile, expectations of a possible bursting "AI bubble" have also prompted funds to avoid high-risk assets, exacerbating the downward pressure on ETH. (Cointelegraph)

CoinMarketCap released its January 2026 Mainstream Crypto Exchange Reserve Ranking Report on Feb. 4, showing that Binance continues to dominate global exchange reserves by a wide margin.According to the report, Binance ranked first among mainstream crypto exchanges, with total reserves of approximately $155.64 billion, significantly ahead of its peers.Stablecoins and Bitcoin Anchor Binance’s ReservesThe data shows that stablecoins account for about $47.47 billion, representing 30.5% of Binance’s total reserves, underscoring the platform’s strong liquidity position and ability to meet user withdrawals during periods of market stress.Bitcoin-related reserves totaled approximately $49.84 billion, making BTC the largest single asset category on Binance’s balance sheet. This highlights the exchange’s continued central role in Bitcoin liquidity and settlement.High Liquidity and Diversified Asset StructureCoinMarketCap noted that Binance’s overall reserve composition remains highly liquid and well-diversified, balancing stablecoins, Bitcoin, and other major crypto assets. This structure is designed to support operational resilience, risk management, and user confidence amid volatile market conditions.The January 2026 report reinforces Binance’s position as the largest and most capitalized centralized crypto exchange, at a time when transparency around reserves and proof-of-assets remains a key focus for the industry.

Scott Melker, host of The Wolf Of All Streets Podcast, posted on X that the entire crypto market appears oversold on daily charts. He suggests there is potential for bullish divergence, indicating possible upward movement in prices.

According to Binance Market Data, BNB dropped below 750 USDT and is now trading at 749.01001 USDT, with 2.54% decrease in 24 hours.

According to Binance Market Data, Bitcoin (BTC) dropped below 76,000 USDT and is now trading at 75,994.007813 USDT, with 2.88% decrease in 24 hours.

Binance announced on X the introduction of a new Security Center within the Binance Wallet, aimed at enhancing user security by automatically checking for potential risks. This new feature allows users to manage security for both Keyless and imported wallets from a single hub, providing a streamlined approach to wallet management. The Security Center is designed to offer users a comprehensive overview of their wallet's security status, identifying vulnerabilities and suggesting improvements. By centralizing security management, Binance aims to simplify the process for users, ensuring that they can easily monitor and address any security concerns. This initiative reflects Binance's ongoing commitment to safeguarding user assets and maintaining trust within its platform. Users are encouraged to regularly check their wallet security through the Security Center to ensure their assets remain protected. The feature is part of Binance's broader efforts to enhance security measures and provide users with the tools necessary to manage their digital assets effectively. As digital threats continue to evolve, Binance remains focused on developing solutions that address these challenges, reinforcing its position as a leader in the cryptocurrency industry.

According to CoinMarketCap's "January 2026 Major Crypto Exchange Reserve Ranking Report," Gate ranks fourth among major exchanges in terms of total reserves. The report shows that Binance, OKX, Bybit, and Gate are among the top tier in the industry due to their robust asset structure and high transparency. The CMC report points out that, in terms of reserve structure, Gate maintains a high reserve allocation ratio beyond mainstream crypto tokens, demonstrating a more diversified asset coverage structure. As the first major exchange to commit to 100% reserves, Gate pioneered the introduction of zero-knowledge proof technology, integrating multiple technical means such as cold and hot wallet verification, Merkle tree structures, and user balance snapshots to ensure the authenticity and verifiability of asset reserves. As of January 6, 2026, Gate's overall reserve coverage ratio increased from 124% to 125%, with a total reserve value of $9.478 billion, significantly exceeding the industry security benchmark of 100%, supporting nearly 500 different types of user assets.

Bitcoin dipped to $72. 8K during U. S. shutdown fears, then rebounded sharply after lawmakers passed a funding bill. source: https://cryptopotato.com/heres-how-us-funding-certainty-calmed-markets-and-lifted-bitcoin/

In the short term, the price of Bitcoin is highly likely to rebound to above $80,000, as the recent sell-off has created one of the largest price gaps in the history of Chicago Mercantile Exchange (CME) futures.

Binance has converted part of its $1 billion SAFU reserve from stablecoins into Bitcoin, buying an additional 1,315 BTC and bringing the fund’s total to 2,630 BTC. The move comes amid market volatility and insolvency rumours, but Binance says the transfers will not affect Bitcoin’s price.

An alleged Bitcoin ransom demand has injected new urgency into the search for Nancy Guthrie, the 84-year-old mother of Today show anchor Savannah Guthrie, as authorities investigate what they now believe may be a targeted abduction rather than a routine missing-person case.

Taiwanese man Rui-Siang Lin was sentenced to 30 years in a New York court for running Incognito Market, a dark web drug marketplace that made over $105 million in sales. The platform sold large amounts of cocaine, meth and fake prescription pills, causing at least one confirmed death.

Kalshi and Polymarket, who predict market bread and games, staged a free supplies experiment on the streets of New York.

Spain is preparing to draw one of its toughest red lines on social media, with Prime Minister Pedro Sánchez announcing that children under the age of 16 will be banned from social media next week, as part of the country's efforts to shield its youth from the "Digital Wild West."

Investigating the impact of address poisoning on Ethereum activity (after the Fusaka incident).

Crypto.com has launched a new standalone prediction markets app called OG in the United States, spinning the business out of its main platform to focus on event-based trading. The move follows a sharp rise in activity, with the company saying its prediction markets have grown about 40 times in weekly use over the past six months.

Nevada regulators have launched a high-stakes legal challenge against Coinbase, accusing the crypto exchange of running unlicensed sports wagering through its prediction markets — a move that intensifies the growing showdown between state gaming authorities and federally regulated event-contract platforms.

OpenAI CEO Sam Altman tested the new Codex app for Mac and felt “a little useless” when some AI suggestions were better than his own ideas. The app lets developers run multiple AI agents to write and improve code, making the process faster and more intuitive.