1. Popular currencies on CEX
CEX top 10 trading volume and 24-hour rise and fall:
BTC: -1.37%
ETH: +1.45%
XRP: -5.28%
SOL: -4.41%
TRUMP: +6.40%
SUI: -9.15%
DOGE: -2.64%
PEPE: -0.79%
TRX: -0.98%
ADA: -1.04%
24H increase list (data source: OKX):
BZZ: +29.37%
RUNECOIN: +10.96%
KISHU: +10.62%
NC: +9.12%
MENGO: +7.98%
FORTH: +7.57%
TRUMP: +7.06%
VINE: +6.40%
OKT: +4.90%
SSV: +4.89%
2. Top 5 popular memes on the chain (data source: GMGN ):
SSE
BETA
OMEGA
$JOGE
DCOIN
3. 24H hot search currencies
Vine: It ranks among the top in terms of 24-hour increase. It is the Meme coin previously issued by the founder of Vine. The market speculates that a new version of Vine will be released and the token will be given practical use.
ACT: 24-hour decline in the top, full name Act I The AI Prophecy, is a decentralized open source platform project that creates an environment for artificial intelligence systems and human users to collaborate and interact. The core of the platform is an AI agent network, each of which can independently perform tasks, share information and generate responses.
Headlines
MicroStrategy changes its name to Strategy
MicroStrategy Incorporated (NASDAQ: $MSTR) today announced that it will now operate as Strategy™, the world’s first and largest Bitcoin treasury company, the largest independently-listed business intelligence company, and a component of the Nasdaq-100 Index.
Berachain Airdrop Checker is now live
According to official news, the Berachain airdrop checker is now online, and tokens can be claimed on February 6, 2025 using EVM wallets (including Metamask, OKX Wallet, etc.).
Bloomberg analyst: BlackRock may launch Bitcoin ETF in Europe
Bloomberg analyst James Seyffart posted on the X platform that according to his Bloomberg News colleague Emily Nicolle, BlackRock may launch a Bitcoin ETF in Europe, speculating that they will follow the same strategy used in Canada.
Market News: A member of the U.S. House of Representatives intends to impeach Trump
According to market news, a Democratic member of the U.S. House of Representatives announced that he intends to impeach Trump.
Industry News
NYSE applies to convert Grayscale LTC Trust into a spot ETF
According to market news, the New York Stock Exchange (NYSE) has submitted an application to regulators to convert the Grayscale LTC Trust Fund into a spot Litecoin ETF.
New Mexico Senator Submits Bitcoin Strategic Reserve Bill, Proposing to Allocate 5% of Public Funds
U.S. Senator Ant Thornton submitted the Strategic Bitcoin Reserve Act to the New Mexico Senate, proposing to invest 5% of public funds in Bitcoin, aiming to establish an alternative treasury for the state. The proposed 5% allocation would diversify the states funds and allow it to benefit from the long-term price appreciation of Bitcoin.
The bill also proposes that the state investment officer manage the bitcoin reserve and operate under the supervision of the state investment committee. The bill also clarifies the need for cold storage as a viable means of protecting the state’s bitcoin.
According to crypto KOL MartyParty, the U.S. Federal Deposit Insurance Corporation (FDIC) announced today that it is actively re-evaluating its regulatory approach to cryptocurrency-related activities. This includes replacing Financial Institution Letter (FIL) 16-2022 and providing institutions with a path to participate in cryptocurrency and blockchain-related activities while adhering to the principles of security and soundness.
This information was emphasized in a statement from Acting Chairman Travis Hill, indicating a change in the FDICs supervision of banks involved in cryptocurrency activities. What this means: banks can custody customers cryptocurrencies and they will be insured by the FDIC. The Biden administrations Choke Point FIL 16-2022 letter has been withdrawn and replaced.
MartyParty commented: The original FIL-16-2022 letter link has been deleted and shows a 404 error. The FDIC is removing all evidence related to its politically motivated policy against cryptocurrency.
The probability of the Fed keeping interest rates unchanged in March is 83.5%.
According to CMEs Fed Watch, the probability of the Fed keeping interest rates unchanged in March is 83.5%, and the probability of a 25 basis point rate cut is 16.5%. The probability of maintaining the current interest rate unchanged by May is 59.2%, the probability of a cumulative 25 basis point rate cut is 36.0%, and the probability of a cumulative 50 basis point rate cut is 4.8%.
Project News
Japanese listed company Metaplanets share price hits 8-year high
Market data shows that the share price of Metaplanet, a Japanese listed company, hit an 8-year high. Metaplanet currently holds more than 1,700 bitcoins.
Earlier in late January, Metaplanet officially announced its Bitcoin strategic plan for 2025 to 2026, aiming to hoard 10,000 bitcoins by the end of 2025 and further increase it to 21,000 bitcoins by the end of 2026.
Strategy reports GAAP loss per share of $3.03 in Q4 2024
Bitcoin strategy firm Strategy (formerly known as MicroStrategy) reported a net loss of $3.03 per share in the fourth quarter of 2024, compared with earnings of $0.50 per share in the same period last year. The loss was caused by the companys impairment charge on its Bitcoin holdings. As of December 31, 2024, the Bitcoin holdings were 447,470, while the market expected 425,149. The company recently ended a series of Bitcoin purchases and currently holds 471,107 Bitcoins, worth approximately $45 billion. The U.S. Financial Stability Accounting Board (FASB) implemented a new fair value accounting rule for companies holding digital assets last year. The use of the rule is voluntary before the end of 2024, but it will be mandatory starting in the first quarter of this year.
Coinbase to List Ether.fi (ETHFI)
According to Coinbase Assets announcement on the X platform, Coinbase will add support for Ether.fi (ETHFI) on the Ethereum network (ERC-20 token), and trading will begin on or after 9:00 a.m. (Pacific Time) on February 6, 2025, if liquidity conditions are met. Once the supply of the asset is sufficient, the ETHFI-USD trading pair will be launched in phases. Support for ETHFI may be limited in some supported jurisdictions.
Meme Project PAIN: Pre-sale raised 185,976 SOL, 80% of the funds raised will be refunded
The official meme project PAIN posted on social media that the project raised 185,976 SOL in 48 hours of pre-sale, but the launch of the meme does not require so much funds. At the launch, PAIN will refund 80% of the funds raised and use the remaining 20% to support the release, provide liquidity, and pay for listing fees (if any). It is reported that funds sent after block 318346069 will also be refunded.
Investment and Financing
Token trading infrastructure Reservoir completes $14 million Series A financing, led by USV
Token trading infrastructure Reservoir has completed a $14 million Series A financing round led by USV, with participation from Coinbase Ventures, Variant, Archetype, 1kx, etc. As part of the transaction, Union Square Ventures partner Nick Grossman will join the Reservoir board of directors.
This brings Reservoir’s total funding to date to $26 million. The startup previously raised $10 million in a seed round led by Archetype in late 2022 and $2 million in a pre-seed round led by Variant in 2021.
Character Voice
US Treasury Secretary Benson: Trump did not call on the Fed to lower interest rates
Treasury Secretary Benson said he and Trump were focused on the 10-year Treasury yield, which has risen after the Feds big rate cuts. Benson said Trump had not called on the Fed to lower rates.
Matrixport released a chart today saying that there is a clear technical divergence between the Bitcoin price and the relative strength index (RSI). Although the price of Bitcoin has remained above $100,000, the RSI has been in a consolidation state, indicating that the momentum of the underlying trend is weakening.
Looking back at the correction and consolidation phases before 2024, strong buying opportunities have historically only occurred when the RSI dropped to approximately 40%. Currently, the RSI is close to that level (48%) but has not yet reached it, so it may be too early to enter new long positions. A more strategic approach is to remain patient and wait for the best entry point.
Senator Lummis: Digital Assets Subcommittee Will Hold Operation Chokepoint 2.0 Accountable
U.S. Senator Cynthia Lummis said that today the U.S. Senate Banking Committee found the first solid evidence of Operation Chokepoint 2.0. Please rest assured that the Digital Assets Subcommittee will find the relevant parties and hold them accountable.
Federal Reserve Chairman Barkin said that many of US President Trumps policies have increased economic uncertainty, making it difficult to determine the impact of tariffs. The uncertainty goes beyond tariffs and involves immigration, regulation and other issues. Looking ahead, it is difficult to determine which specific tariffs will be introduced. Current interest rates are still moderately restricted and there are no signs of overheating in the US economy.
