Russia Deputy Prime Minister Yuri Trutnev has proposed using surplus electricity in the Far East for cryptocurrency mining, instructing both new and idle power plants to support Bitcoin mining rigs.

President Donald Trump has issued an executive order (EO) mandating the establishment of a sovereign wealth fund. Wyoming Senator Cynthia Lummis is speculating that this could pave the way for the U.S. government to acquire Bitcoin.

The MuskIt team has officially unveiled the long-awaited Musk Tower, a groundbreaking development that will center around the Musk Institute. The goal is to drive innovations in technology, renewable energy, and blockchain.

Asset management firm 21Shares has filed with the U.S. Securities and Exchange Commission (SEC) for approval of a spot Polkadot exchange-traded fund (ETF), which, if approved, would be listed on the Cboe BZX Exchange.In a filing on January 31, the firm proposed the 21Shares Polkadot Trust, with cryptocurrency exchange Coinbase serving as the custodian for the DOT holdings.

The cryptocurrency exchange Kraken has announced plans to delist Tether’s USDT and four other stablecoins in Europe. This is in compliance with the European Union’s Markets in Crypto-Assets Regulation (MiCA), following a phased approach to minimize market disruptions. 

Chinese tech giant Alibaba has introduced its latest AI model, Qwen 2.5-Max, with the goal to make waves in the rapidly evolving AI space.Launched on the first day of the Lunar New Year, Alibaba asserts that its enhanced model surpasses competitors like ChatGPT, Meta’s Llama, and DeepSeek in a majority of performance benchmarks.

Jeff Park, Head of Alpha Strategies at BitWise, has predicted that President Donald Trump’s tariffs could drive Bitcoin (BTC) prices significantly higher over time, citing the potential weakening of the U.S. dollar and lower yields on U.S. government bonds.In a recent post on X, Park explained that the purpose of the tariffs is to strategically weaken the U.S. dollar in international trade. This move aims to address trade imbalances and enhance the competitiveness of U.S. exports.

This week, OpenAI and other major U.S. tech companies faced a significant challenge with the unexpected debut of DeepSeek, a Chinese app that mimics the capabilities of ChatGPT but at a fraction of the cost.Microsoft, OpenAI's largest investor, is reportedly investigating whether data from the AI firm's technology infrastructure was improperly accessed by a group linked to the Chinese AI startup.

Silk Road founder Ross Ulbricht has faced a $12 million loss on Pump.fun after attempting to liquidate ROSS tokens. Arkham Intelligence reported that Ulbricht, or whoever has access to his wallet, attempted to liquidate the ROSS meme coin, which led to a significant drop in its value and resulted in substantial financial losses.

Grayscale Investments, the cryptocurrency asset manager, has introduced the Grayscale Bitcoin Miners ETF (MNRS) on NYSE Arca, offering investors a new way to invest in Bitcoin mining companies.The fund targets companies listed on the Indxx Bitcoin Miners Index, which includes firms primarily generating revenue from Bitcoin mining, as well as related hardware, software, services, and other initiatives.