1. Popular currencies on CEX
CEX top 10 trading volume and 24-hour rise and fall:
BNB: +0.77%
BTC: +1.48%
ETH: +2.56%
SOL: -0.22%
CREAM: +0.71%
DOGE: +3.51%
PIVX: +7.16%
TRUMP: +2.59%
TST: -0.33%
ADA: +8.7%
24 H increase list (data source: OKX):
MERL: +25.49%
XNO: +24.76%
USTC: +23.69%
MAJOR: +20.71%
BANANA: +18.84%
PSTAKE: +17.19%
AIXBT: +16.8%
RIO: +15.43%
RAY:+ 13.95%
PENDLE:+ 12.65%
2. Top 5 popular memes on the chain (data source: GMGN ):
VIDEO
GChild
MARKCUBAN
PEACH
LittlePony
3. 24-hour hot search currencies
MERL: MERL is the native governance token of the Merlin chain, which is Bitcoin Layer 2 and has EVM compatibility to provide advanced applications of Bitcoin native assets.
XNO: Nano (formerly RaiBlocks) is a peer-to-peer payment blockchain system. It was launched in 2014, rebranded in 2018, and renamed its native token to Nano (XNO) in 2021. The XNO token has a variety of uses, including microtransactions, banking infrastructure, online and offline payments, remittances, foreign exchange, and trading. A key application of XNO is its use when selecting network validators or representatives.
Headlines
Nasdaq Submits CoinShares LTC ETF and XRP ETF Trading Application
According to market news, Nasdaq submitted applications for listing and trading of CoinShares LTC ETF and XRP ETF.
It is reported that Nasdaq has submitted Form 19b-4, which is a rule change proposal submitted to the U.S. Securities and Exchange Commission (SEC), usually submitted by an exchange (such as NYSE or Nasdaq) to list new financial products (such as ETFs).
Story will be launched on the mainnet on February 13 and will open IP airdrops
Layer 1 intellectual property blockchain Story YuX said in a post: It will be launched on the public mainnet on February 13, and will also open IP airdrop applications and qualification inquiries.
Earlier news, Story released the IP token economic model: the total supply of IP is 1 billion, and 25% will be initially unlocked. 58.4% of it will be allocated to the community, including the ecosystem and community, foundation and initial incentives. IP tokens will be used for staking, paying gas fees and governance.
The Japanese Financial Services Agency has begun considering positioning crypto assets (virtual currencies) as financial products similar to securities, with the goal of requiring companies to disclose more detailed information to protect investors. Currently, the Financial Services Agency is holding closed-door research meetings with experts to review whether the current regulation of virtual currencies is sufficient.
It is reported that the Financial Services Agency of Japan has begun designing a system and will announce the system reform policy in June this year, and will amend the law at the ordinary Diet in 2026 after discussions in the Financial System Committee this fall.
Industry News
South Koreas financial authorities are rolling out self-regulatory rules for virtual asset disclosures this year. Currently, the second phase of the bill to regulate virtual asset disclosure and issuance is under discussion, with the policy being to implement self-regulation and minimize regulatory loopholes. There are also plans to refer to overseas regulatory cases, including the development of the virtual asset industry, to support the formulation of the second phase of the bill.
The Financial Supervisory Service announced in the 2025 Work Plan released on the 10th that it will establish a self-regulatory mechanism for virtual asset disclosure.
Metaplanet plans to issue 4 billion yen in ordinary bonds to buy more Bitcoin
Metaplanet, a Japanese listed company, announced on the X platform that it will issue 4 billion yen of ordinary bonds to purchase more Bitcoin.
Economists warn Fed may not cut rates at all this year
The Fed paused its rate cuts at its January meeting, and it remains up in the air when or if it will resume, especially as the market waits to see how tariffs and immigration policies will develop under a second Trump administration. Daniel Doderer, economist and head of research at Flack Global Metals, said: I think the Fed is in a very good position now to do nothing for the time being. We are moving from a labor market supply and demand balance to a market that may face supply constraints while demand remains the same or even higher, which suggests that the Fed is unlikely to cut interest rates. Therefore, our internal expectation is that the Fed will not cut interest rates this year. But compared with the possibility of raising interest rates, the probability of the Fed cutting interest rates is slightly higher. (Jinshi)
U.S. CFTC takes first action against cryptocurrency fraud since reorganizing enforcement division
The U.S. Commodity Futures Trading Commission (CFTC) announced a consent order charging New York resident Rashawn Russell with participating in a digital asset trading scheme between 2020 and 2022 in which he induced investors to inject cryptocurrencies into fraudulent funds. According to the indictment, Russell misappropriated approximately $1.5 million through the scheme and he pleaded guilty to wire fraud in the U.S. District Court for the Eastern District of New York.
“Russell guaranteed investors that they would not suffer losses and, in some cases, guaranteed returns of at least 25 percent,” the CFTC complaint, filed Jan. 16, states. “In effect, Russell intentionally and/or recklessly made false or misleading statements to solicit and retain investors.”
Project News
Yu Hu, founder of Kaito, posted on X platform: Feedback from community users on @_kaitoai Yaps has been received. Algorithm-based shadow bans are coming. If necessary, Yap points will be evaluated for reduction. Because low-quality interactive baits will not cause heated discussions, but they are creating chaos and noise, violating most principles. The Kaito network will increase the cost of causing harm as part of its (anti-)incentive mechanism. Without happy users, creators cannot be paid sustainably. We will continue to listen to your feedback and keep evolving.
Arweave computing platform AO: The first mainnet token minting has been completed
Arweave computing platform AO published a post on X that the first mainnet token minting has been completed, and new tokens are now minted at approximately 6:20 pm ET every day. This marks the beginning of a 100% fair release aimed at achieving long-term sustainability, with a total supply of 21 million tokens and a continuous release mechanism to ensure equal access for everyone.
Virtuals Protocol: Launchpad Coming Soon, $VIRTUAL Available for Trading on Solana
Virtuals Protocol announced on the X platform that $VIRTUAL tokens are now available for trading on Solana, and Launchpad will be launched soon. Users can use the Stargate bridge to bridge $VIRTUAL between Base and Solana to enhance cross-chain interoperability.
Berachain Foundation announced on X that RFB and Social airdrops are now open. RFB allocations have been awarded to applications and communities that have been built on Berachain over the years, and recipients should follow the relevant guidelines published in the official blog post.
Please note: Due to the closeness of the launch date, the RFB and Social allocations are already included in the circulating supply at launch and will not affect the circulating supply of BERA.
Investment and Financing
ZK digital identity project Holonym Foundation acquires Gitcoin Passport for $10 million
The ZK digital identity project Holonym Foundation announced that it has acquired the identity verification platform Gitcoin Passport for $10 million to expand its network. It is reported that the acquisition will be completed by the end of 2024, combining Gitcoin Passports human proof system with Holonyms human network, which uses ZK technology to achieve privacy-focused on-chain reputation. (Cointelegraph)
Ethereum security platform Drosera completes $3.25 million in financing, led by Greenfield Capital
Ethereum security platform Drosera has completed a new round of financing of $3.25 million, bringing its total financing amount to $4.75 million. This round of financing was led by Greenfield Capital, with participation from Anagram, Paper Ventures, Arrington Capital, UDHC and Pulsar. It is reported that Drosera plans to use the raised funds to continue the development of Traps, invest in community growth, and study expansion to other EVM-compatible chains. In addition, Drosera also plans to prepare for the launch of the mainnet in the second quarter of this year.
Character*Voice
According to a post published by Sonic Labs BD/strategist The Assistant on the X platform, the profit margin of the L2 network Base’s sorter is about 90% (more than 10 million US dollars), of which all ETH has flowed into exchanges in the direction of Base > Ethereum > Coinbase.
Base was launched on August 9, 2023. According to Coinbases second quarter report for 2023, as of June 30, 2023, there was $230 million of ETH on the balance sheet at a price of $1,934/ETH, equivalent to 118,924 ETH.
The information shared by the Base team mentioned that only 119,696 ETH was recorded in Coinbases fourth quarter 2024 financial statements. This means that since the launch of the Base mainnet, Coinbase has only added 772 ETH to its balance sheet. Calculated at the current price, it is about 2 million US dollars.
It is worth noting that the cost formed by Base sequencing fees is 0, because they are not purchased, but earned. At the same time, a few hours ago, the Base team sent nearly 240.35 ETH (worth $618,960.05) to the Coinbase exchange. The question is: where did the remaining more than 100 million US dollars go?
The tweet was retweeted by Sonic Labs founder Andre Cronje.
Justin Drake, a researcher at the Ethereum Foundation, believes that as the issuance of ETH decreases, it will soon become an ultra sound currency, while Bitcoin will be eliminated as it approaches its supply cap of 21 million, a statement that has sparked debate between the two communities.
Michael Saylor, founder of Strategy, announced on the X platform that he bought 7,633 BTC at a price of approximately $742.4 million, at a price of approximately $97,255 per Bitcoin, and has achieved a 4.1% BTC return so far in 2025. As of February 9, 2025, Strategy holds 478,740 BTC.
