Crypto had an eventful day, with prices retreating amid global tensions and many announcements being made. Here’s the full overview.
Chainlink pushed US stocks into the chain!
Chain link [LINK] has introduced 24/5 US Equities Streams, an upgrade to its Data Streams product. It brings real-time prices for US stocks and ETFs to blockchains, even outside regular market hours!
This will provide access to the approximately $80 trillion US stock market for DeFi applications.
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The new flows are live spanning over 40 blockchains and designed to power on-chain products such as stock trading platforms, prediction markets and other trading tools that require reliable price data at all times.
Until now, most on-chain stock feeds relied on a single price update during standard trading hours. Outside those hours, blind spot pricing increased the risk.
Chainlink says its new stock flows solve this by turning market data into continuous, cryptographically verified feeds.
Several protocols, including BitMEX, ApeX, Orderly and HelloTrade, have already integrated the product.
Tariff threats are roiling the markets
Crypto markets turned defensive after tariff threats from the Trump administration added fuel to a wildfire. Bitcoin [BTC] slipped below the $90K mark during Tuesday’s session and was trading around $89,100 at the time of writing.
With a steady streak of lower highs on the intraday chart, short bounce attempts have failed to regain key levels.
Source: TradingView
Ethereum [ETH] followed a similar path, falling below $3,000 and posting a daily decline of almost 5%.
Source: Coinmarketcap
The selling pressure was great throughout the market. Solana [SOL] fell more than 2% that day, while Ripple’s XRP [XRP] and Binance [BNB] both fell by more than 2% and 4% respectively.
The weakness came when US Treasury Secretary Scott Bessent reconfirmed that tariffs are a core policy tool, with the possibility of a 10% levy as early as February to support Greenland’s takeover efforts.
Markets took it as confirmation that trade-driven inflation risks are taking center stage again.
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However, he later continued to trivialize the reaction of the bond market after his statements.
Bessent argued that rising interest rates were caused by the destruction of Japan’s bond markets and that the response cannot be separated from the actions of the United States.
Solana Mobile introduces SRK airdrop for Seeker users
Solana mobile an air raid kicked off from its native token, SKR. This gives Seeker smartphone users and active ecosystem builders a direct stake in the mobile-centric blockchain push.
More than 100,000 eligible participants can claim the tokens through the Seeker’s built-in wallet, with a 90-day period before unclaimed allocations are recycled back into the airdrop pool.
The distribution also extends to developers who launched high-quality apps on the Solana dApp Store during the first season.
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The token has a fixed supply of 10 billion, of which 30% is intended for airdrops and initial unlocks. Inflation starts at an annual rate of 10% and decreases by 25% each year until it settles at 2%.
Inflation events occur every 48 hours.
Trump Media sets date for symbolic airdrop
Trump Media and Technology Group has announced that it will distribute digital tokens on February 2 to shareholders who own at least one full share of DJT stock.
The tokens are issued and held on-chain by Crypto.com until delivered to eligible investors.
Source: Global Newswire
The company emphasized that the tokens are not equity and cannot be traded, transferred or redeemed for cash.
Instead, they are positioned as utility-based rewards, giving shareholders access to non-financial benefits associated with Trump Media’s products.
These include the Truth Social platform, the Truth+ streaming service, and an emerging prediction market known as Truth Predict. But they’re not the only ones moving forward with token-based engagement.
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AMBCrypto previously reported that Pump.fun [PUMP] also unveiled the Pump Fund, a new investment arm that supports early-stage teams based on public traction.
The initiative launched with a $3 million “build in public” hackathon, with funding decisions made based on community engagement and visible progress.
Final thoughts
- Cryptocurrency prices fell as tariff fears pushed Bitcoin below $90,000.
- However, the builders kept moving. From Chainlink to Solana Mobile and Trump Media, token-based engagement is on the rise.