CrossTower’s Research Analyst, Martin Gaspar, talks latest and greatest crypto news and market trends with our Trader, Chad Steinglass, and Data Analyst, Katherine Webb. Tune in to learn more about:

• Qubit Finance a DeFi protocol, Ethereum-BSC cross-chain bridge called X-Bridge has been exploited for a loss of $80 million.

• The U.S. Federal Reserve said it would hold interest rates near zero.

• There will be a virtual meeting on February 8 entitled “Digital Assets and the Future of Finance: The President’s Working Group on Financial Markets’ Report on Stablecoins.” Which will examine the outlook for stablecoin regulation.

• A hacker who goes by the alias Kingpin uploaded a YouTube video showing how he was able to crack a Trezor One hardware wallet containing more than $2 million in funds.

• Fidelity has filed with the SEC for two new ETFs.

• Sanchan Saxena, Coinbase's VP of product, has shown a demonstration of Coinbase new NFT platform to allow users to see what they can expect.

• President Vladimir Putin is backing a Russian government proposal to tax and regulate the mining of cryptocurrencies, and in doing so rejected the central bank’s proposal to ban crypto and mining.

• CoinShare launching a physically-backed crypto exchange-traded product (ETP) that offers transparent staking rewards and zero management fees.

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Crypto Market Cap | Fidelity seeks SEC approval for ETFs & Putin backs crypto mining | Market Color