1. Popular currencies on CEX
CEX top 10 trading volume and 24-hour rise and fall:
BTC: +1.85%
ETH: +2.6%
SOL: +1.36%
XRP: +7.55%
CAKE: +5.82%
LTC: +1.83%
BNB: +1.96%
SUI: +7.09%
TRUMP: +4.18%
S: +19.99%
24-hour price increase list (data source: OKX):
IP: +41.75%
RDNT: +27.01%
S: +20.38%
APT: +14.44%
PRQ: +14.43%
AUCTION：+12.83%
MORPHO: +11.62%
UMA: +9.97%
CATI: +9.82%
BERA: +9.81%
2. 24-hour hot search currencies
PAIN: For details, please see 80-year-old internet celebrity bravely enters the cryptocurrency circle, the token PAIN 48H raised more than 180,000 SOL, can it be purchased when it opens?
Headlines
Trump says Biden administrations war on Bitcoin and cryptocurrencies has ended
Odaily Planet Daily News According to market news, Trump said that the Biden administrations war on Bitcoin and cryptocurrency has ended.
SEC Accepts 21 Shares’ Application to Allow Collateralization of Its Ethereum ETF
Odaily Planet Daily News: The U.S. SEC has accepted the 19 b-4 document submitted by Cboe BZX Exchange on behalf of 21 Shares, which solicits opinions on allowing the pledging of ETH held by the 21 Shares Core Ethereum ETF.
If approved, the ETF would be able to generate additional returns on its ETH holdings, which could then be handed over to investors.
“The ETH pledged by the Sponsor on behalf of the Trust will consist entirely of ETH owned by the Trust,” the document states, “and the staking activities performed by the Sponsor on behalf of the Trust do not constitute ‘delegated staking’ nor form part of a ‘staking as a service’ offering.”
Last week, NYSE Arca filed an application to allow staking for the Grayscale Ethereum ETF. (The Block)
Odaily Planet Daily News: Monad announced on the X platform that the Monad Testnet is now officially online.
KAITO will open airdrop claims at 20:00 today
Odaily Planet Daily News Kaito AI announced that KAITO will open airdrop applications at 20:00 (UTC+ 8) on February 20, and the token economics will be announced before the application. KAITO trading will start at 21:00 (UTC+ 8).
Industry News
Odaily Planet Daily News: Before SBF was tried and imprisoned for fraud, a federal court outlined the size of his assets, and the government subsequently seized approximately $1 billion in financial assets and two aircraft.
On Tuesday, a final forfeiture order issued by the U.S. District Court for the Southern District of New York formally severed SBF’s ownership of a dozens-page list of properties. The court documents disclosed a large number of assets owned by him, including a large amount of cryptocurrency from Alameda Research, a trading firm co-founded by SBF.
The documents show that Alamedas assets on Binance include $56 million in XRP, $3.6 million in TRX, $3.4 million in ADA, $2.3 million in BTC, and dozens of other cryptocurrencies.
The most significant holding in the assets is the proceeds from the sale of Robinhood stock, with Emergent Fidelity Technologies, a subsidiary of SBF, holding $606 million. Other financial assets include:
Alameda Research holds $119 million in USDT on Binance;
Emergent Fidelity Technologies’ $21 million in Marex;
FTX Digital Markets’ $50 million held in Moonstone Bank;
FTX Digital Markets holds $101 million in Silvergate.
The accounting of $7 million in forfeited assets held by SBF and another individual at Flagstar Bank also includes two private jets: a 2009 Bombardier Global 5000 and a 2006 Embraer Legacy.
The court filing also details more than 250 political donations withdrawn from campaigns and organizations that received them, including amounts donated by other FTX executives allegedly at the direction of SBF. During the last session, a third of members of Congress accepted donations from SBF or other FTX executives, who also donated to numerous state political organizations. (CoinDesk)
Libra founder Hayden Davis denies bribing Argentine President Milley
Odaily Planet Daily News: Libra project initiator Hayden Davis denied bribing Argentine President Mile in a statement. He called the media reports politically motivated. When asked if he denied making such accusations via text messages, his public relations representative replied that there was no retention or record on Daviss phone. (CoinDesk)
Earlier today, Hayden Davis, the initiator of the Libra project, claimed in a text message in December last year that he had influenced the presidents decision by bribing Karina Milei, the sister of Argentine President Javier Milei, and said, I sent money to his sister, and he signed any document I said and did what I wanted. Karina Milei is an important figure in Mileis government. She is currently the Secretary-General of the Argentine Presidential Palace and the sister of the current Argentine President Javier Milei. At present, neither Karina Mileis office nor Hayden Davis responded to requests for comment, and it is unclear whether the latter actually paid the funds.
Wintermute plans to expand in the U.S. and open an office in New York
Odaily Planet Daily News: Cryptocurrency market maker Wintermute Trading Ltd. is considering expanding its business to the United States, including opening an office in New York and offering new products stateside.
Wintermute is one of the largest liquidity providers in the digital asset market, with offices in London and Singapore. CEO Evgeny Gaevoy described the company’s growth plans and “new focus on the U.S.” in an interview on the sidelines of the Consensus conference in Hong Kong.
As part of the expansion, the company plans to offer OTC products to U.S. clients and add about five to 10 people to its current team of 130, Gaevoy said.
Wintermute recently raised money in a round led by Tencent Holdings Ltd., according to people familiar with the matter. Neither Tencent nor Wintermute responded to requests for comment on the funding round.
The company previously completed a $20 million Series B financing round led by Lightspeed Ventures in January 2021, with participation from Pantera Capital and Hack VC. (Bloomberg)
Binance.US website shows that it has resumed supporting US dollar trading services for US customers
Odaily Planet Daily News According to market news, the Binance.US website shows that it has resumed supporting US dollar trading services for eligible US customers. Users can safely purchase Bitcoin, Ethereum, and more than 160 cryptocurrencies with US dollars. It will be gradually opened to all eligible users in the next few days. The restored US dollar-related functions include:
USD deposits and withdrawals: Users can deposit or withdraw USD through bank accounts (ACH) with zero fees;
Use USD to buy and sell cryptocurrencies: Support bank transfer (ACH) to directly purchase cryptocurrencies;
USD and cryptocurrency swap: Instantly convert USD and cryptocurrency;
Restored 10 USD trading pairs: including BTC/USD, XLM/USD, DOGE/USD, SOL/USD, ETH/USD, ADA/USD, HBAR/USD;
SHIB/USD, SUI/USD, BNB/USD, more trading pairs will be added in the future;
Fixed investment function: supports automatic purchase of cryptocurrencies on a daily, weekly, biweekly or monthly basis.
Binance Alpha launches BROCCOLI (f 2b), Broccoli (714), and Broccoli (f 3 b)
Odaily Planet Daily News According to the official interface, Binance Alpha launched BROCCOLI (f 2b), Broccoli (714) and Broccoli (f 3 b), as well as PERRY,
BNBXBT and SIREN.
Project News
Arbitrum DAOs proposal to allocate 35 million ARB to RWA investment has been approved
Odaily Planet Daily News Arbitrum DAO announced that the community has approved the distribution of 35 million ARB into various stable assets, with a total investment value of approximately US$15.5 million.
The funds come from the project’s Stable Treasury Endowment Program (STEP), which previously allocated 35 million ARB to investments in six products in June 2024.
It is understood that STEP is an initiative that aims to invest 1% of Arbitrum DAO funds in tokenized RWAs, aiming to diversify DAO funds while leveraging industry growth to generate returns.
The latest allocation is part of Arbitrum DAO’s STEP 2.0 plan. Together with the 35 million ARB from STEP 1.0 and the 15 million ARB managed by the treasury, the total RWA investment has reached 85 million ARB. Arbitrum DAO said that this investment is currently one of the largest investments in the DAO.
UniSat to launch Hexa hybrid trading engine dedicated to Bitcoin assets
Odaily Planet Daily News: UniSat published a statement on the X platform stating that it will soon launch Hexa, a hybrid trading engine exclusively for Bitcoin assets, which has both a seamless trading experience similar to CEX and native self-custody of DEX wallets.
The trading engine will cover trading of brc-20, Runes, Taproot Assets, native stablecoins, and the top 100 Bitcoin assets by market cap (ranked on the UniSat market).
Investment and Financing
Insider: Musks X is negotiating financing at a valuation of $44 billion
Odaily Planet Daily News: According to people familiar with the matter, Elon Musks social media company X is in talks with investors to raise funds at a valuation of $44 billion, the same price Musk paid to acquire the company in 2022.
The funding round would be a major turnaround for the social media giant after Musk’s acquisitions and overhauls caused many users and advertisers to flee. Negotiations for the new Series X funding round are still ongoing and details could change, the people said.
The company may also abandon talks for financing, which would be the first known round of investment since Musk took the social media company private.
According to the monitoring of on-chain analyst Yu Jin, the EVM address of YZi Labs currently holds a total of 67.78 million USD in assets unlocked through investment attribution. The top four assets held are:
75 million 1INCH (US$20.09 million);
60 million IDs ($18.49 million);
1 million AXS (US$4.22 million);
48.33 million HOPR ($3.35 million).
According to official news, modular income layer Cygnus announced the completion of a $20 million Pre-Seed round of financing, with participation from Manifold, OKX Ventures, Mirana Ventures, Optimism Retro Funding, etc. This financing will accelerate Cygnuss growth and expand its product range.
It is reported that Cygnus is a modular real-income layer that enables blockchains to customize their own re-staking networks and achieve shared security. In addition, Cygnus is building the first Web3 Instagram application layer.
Packaged asset startup Universal completes $9 million financing, led by a16z
Odaily Planet Daily News: Packaged asset startup Universal announced the completion of a $9 million financing, led by a16z. Universal Protocol was deployed about six months ago. Since its launch, users have traded more than $800 million on uAsset. (blockworks)
Alongside team receives $9 million in strategic financing, led by a16z
Odaily Planet Daily News: The Universal project and Alongside platform development team have completed a strategic financing of US$9 million, led by Andreessen Horowitz (a16z) and participated by Coinbase and others. It is reported that the funds will be used to support its uAsset cross-chain liquidity solution. uAssets uses a burn-cast mechanism and Coinbase custody to transfer assets between different blockchains (such as SUI, Ripple, and Dogecoin). It has been launched on Polygon, Arbitrum, and Base, and plans to expand to all EVM chains and more ecosystems.
Fluent Labs Completes $8 Million Funding, Led by Polychain Capital
Odaily Planet Daily News: Fluent Labs, a developer of hybrid execution network, has completed an $8 million financing, led by Polychain Capital, with participation from Primitive, dao 5, Symbolic Capital, Builder Capital, Nomad Capital and Public Works, as well as angel investors Balaji and Dingaling. Fluent is the first hybrid execution network that mixes Wasm, EVM and SVM applications into a unified execution environment, allowing programs written for different VMs to work together in a unified execution environment. (theblock)
Odaily Planet Daily News: Maestro, an enterprise-level DeFi infrastructure service provider on the Bitcoin chain, announced the completion of a $3 million seed round of financing, led by Wave Digital Assets and Draper Associates, with participation from UTXO Management, Bitcoin Frontier Fund, Draper Dragon and Necto Labs. The new funds are intended to be used to build a decentralized financial ecosystem based on the Bitcoin blockchain, including developer tools and innovative solutions such as high-performance APIs and memory pool meta-protocol indexes. (globenewswire)
Beam Foundation announces investment in Sui ecosystem DEX Bluefin
Odaily Planet Daily News: Beam Foundation announced on X platform that it has invested in Bluefin, a decentralized trading platform in Sui ecosystem. The specific amount has not been disclosed yet. The new funds are intended to be used to expand the product range, including the upcoming Bluefin Pro and Bluefin Spot v2. Bluefin has previously completed approximately US$17 million in financing, with investors including Polychain, Brevan Howard, SIG, Wintermute, etc., and has received support from crypto trader Flow Traders.
Regulatory policies
Coinbase Chief Policy Officer Urges Congress to Give CFTC Crypto Spot Market Oversight
Odaily Planet Daily reported that Coinbase Chief Policy Officer Faryar Shirzad drafted a two-page proposal urging the U.S. Congress to act quickly to introduce regulatory clarity and consumer protection for cryptocurrency users. Shirzad outlined six legislative priorities, including granting the CFTC full cryptocurrency spot market authority.
Shirzad wrote: Digital assets such as Bitcoin and Ethereum are commodities, not securities. Legislation must empower the CFTC to oversee the cryptocurrency spot market, ensure transparency and protect consumers from fraud and manipulation. Although the move would significantly weaken the SECs regulatory authority over digital assets, Shirzad said the agency still has an important role to play.
It said Congress must enact the SECs fundraising rules to provide developers with a clear way to raise funds for blockchain projects without treating every token as a security. (Cointelegraph)
Montana Strategic Bitcoin Reserve Legislation Passes Committee and Heads to a House Vote
Odaily Planet Daily reported that according to market news, the strategic Bitcoin reserve legislation in Montana, USA has passed the committee review and is about to enter the House of Representatives voting stage.
As previously reported, on February 9, Montana House Bill No. 429 will authorize the state treasurer to invest up to $50 million from the general fund in digital assets with a market value of more than $750 billion, namely Bitcoin, by July 15, 2025. These investments must be held by a qualified custodian or made through a trading platform trading fund.
Odaily Planet Daily News: Kim Byung-hwan, chairman of South Koreas Financial Services Commission (FSC), said the country needs to act quickly to regulate stablecoins, but is concerned about the strength of the US dollar.
“I agree that stablecoin regulation needs to be developed quickly, but we need to take into account that the strength of the U.S. dollar is currently affected by underlying macro factors, including the strong performance of the U.S. economy,” Kim said.
The comments appear to indicate that the FSC is still on track to introduce stablecoin regulations later this year. Lawmakers and financial regulators are currently working on the “second phase” of the Virtual Asset User Protection Act, a cryptocurrency-related legislation that is set to come into effect in mid-2024.
Cryptocurrency advocates hope regulators will include provisions on stablecoin regulation in the new bill. Major South Korean companies hope to launch stablecoins pegged to the U.S. dollar in the near future, with many worried about falling behind tech rivals that have issued stablecoins in the U.S. and elsewhere. But regulators have been dragging their feet on the issue, likely because of ongoing political uncertainty over the presidency.
Yoon Han-hong, a member of the Peoples Power Party and chairman of the National Assemblys Political Affairs Committee, said: To issue stablecoins, Korean companies need to buy U.S. Treasuries. This means they need to provide dollars to the federal government. This means that the dollars are flowing back to the U.S. government and basically disappearing. But our financial regulators are too dismissive of this concern. (Money Today)
Hong Kong Securities and Futures Commission officially releases virtual asset ASPIRe roadmap
Odaily Planet Daily News: The Securities and Futures Commission (SFC) of Hong Kong has officially released the newly formulated ASPIRe roadmap, which lists twelve measures under five pillars to enhance the security, innovation and growth of Hong Kongs virtual asset market. The five pillars of the ASPIRe roadmap are connectivity, protection, products, infrastructure and relationships. These measures will promote access to global liquidity, achieve early warning compliance and product frameworks based on security, and promote the upgrading of traditional financial infrastructure using blockchain technology. The new regulatory framework for virtual asset over-the-counter transactions and virtual asset custody services in the roadmap will also promote the expansion of virtual asset products and services. Other measures include optimizing the operational requirements of virtual asset trading platforms, combating illegal activities, investor education and active communication with shareholders.
Characters Voices
Vitalik: Has a seat on the three-member Ethereum Foundation board since 2017
Vitalik Buterin said that the statement that he holds 3/5 seats on the Ethereum Foundation (EF) board of directors is not accurate. He clarified that he has only held one seat on the three-member board since 2017.
Odaily Planet Daily News CZ YuX wrote: There is an interesting situation in the field of cryptocurrency:
When you try to make money fast, you often lose money.
When you give money, you get more.
I donated 150 BNB (about $100,000) to a college student, and he gave $50,000 to help Libra victims. (The student seemed to have made a lot of money on BNB.)
Now the address I made public has received more BNB than I donated. And more tokens.
I’m not keeping a single satoshi. Will probably give it away, most likely to people who lost money on TST or some Broccolis. This is not an endorsement of any token. Don’t read too much into this.”
Odaily Planet Daily News: World Liberty Financial co-founder Zak Folkman responded to rumors about the token swap agreement at Consensus Hong Kong 2025 today.
Zak Folkman said, I did hear some rumors, but the person who is said to represent us has nothing to do with us. To date, we have never conducted any token swaps. All the tokens we hold, whether TRX, ETH, LINK, or AAVE, are purchased on the chain through DEX, and everything can be checked on the chain.
As we gradually complete the token sale, the next step is to start focusing on the real goal of World Liberty Financial, which is to build products that truly bridge traditional finance and decentralized finance. So in the coming weeks and months, you will see all the projects and products we have been working hard on behind the scenes gradually launch. I think those who took a wait-and-see approach will really regret not supporting us from the beginning.
Odaily Planet Daily News Wintermute founder and CEO Evgeny Gaevoy said today at Consensus Hong Kong 2025 that for Bitcoin, market liquidity may have returned to the level before the FTX crash, but for other tokens, liquidity is still insufficient. The market is still dominated by the price of Bitcoin, and the liquidity of other tokens is affected. In addition, the launch of new tokens will draw liquidity from existing tokens. For example, when TRUMP was launched, a large amount of funds flowed out of other tokens, causing the market to fall sharply. This phenomenon occurs every time a new token is launched.
Evgeny Gaevoy also said that the market has not fully priced in the improvement in the regulatory environment, and despite many positive regulatory developments, the market is still in a wait-and-see state.
Evgeny Gaevoy finally said that he believes that the prices of Bitcoin and Ethereum will continue to rise, although there may not be a full bull market, but there will be some fluctuations in the market. Investors will pay more attention to those protocols that really have practical uses and sustainable economic models.
