1. Popular currencies on CEX
CEX top 10 trading volume and 24-hour rise and fall:
BTC: -0.48%
ETH: -1.85%
KAITO: -17.60%
SOL: -0.12%
DOGE: +1.14%
IP: -15.89%
LTC: +0.68%
XRP: -0.53%
Trump: -6.57%
SUI: -4.45%
24H increase list (data source: OKX):
CLV: +44.09%
J: +23.88%
AIDOGE: +21.37%
MORPHO: +16.18%
GLM: +8.86%
KISHU: +8.29%
BERA: +7.94%
MKR: +7.37%
PENDLE: +6.82%
ZBCN: +6.65%
2. 24H hot search currencies
SHELL, a decentralized AI consumer layer, is now listed on Binance Spot;
PI, a long-established “community coin”, has been launched on exchanges such as OKX;
KAITO broke its all-time high yesterday afternoon.
Headlines
Binance HODLer Airdrop will list Myshell (SHELL) and open spot trading
According to the official announcement, Binance will launch MyShell (SHELL) at 21:00 (UTC+ 8) on February 27, 2025, and open SHELL/BTC, SHELL/USDT, SHELL/USDC, SHELL/BNB, SHELL/FDUSD and SHELL/TRY trading pairs. SHELL will have a seed tag.
SEC ends investigation into OpenSea
OpenSea co-founder and CEO Devin Finzer announced that the SEC has ended its investigation into the NFT market. He said this was a huge victory for the entire field, and believed that classifying NFTs as securities was a misunderstanding of the law and would hinder innovation. Previously, the SEC issued a Wells notice to OpenSea in August 2024, accusing it of operating as a trading platform for unregistered securities. Although the two are competitors, Magic Eden Chief Business Officer Chris Akhavan believes this is a big victory for the NFT industry, and both companies are convinced of the potential of NFTs. (Cointelegraph)
Bitcoin falls out of top 10 global asset market capitalization rankings
According to 8 Marketcap monitoring data, Bitcoin has fallen out of the top ten global asset market capitalization rankings. The data shows that the current Bitcoin market capitalization is about 1.675 trillion US dollars, ranking 11th in the global asset market capitalization ranking, with a 24-hour drop of 4.65%. Currently, the market capitalization of Meta Platforms (Facebook) has surpassed Bitcoin, reaching 1.706 trillion US dollars, with a 24-hour increase of 2.46%.
Industry News
Metaplanet announces issuance of 2 billion yen interest-free ordinary bonds to purchase more Bitcoin
Japanese listed company Metaplanet announced the issuance of 2 billion yen worth of interest-free ordinary corporate bonds to purchase more Bitcoin.
DTCC Lists First Solana Futures ETFs, $SOLZ and $SOLT
DTCC lists the first Solana futures ETFs, $SOLZ and $SOLT. The Create/Redeem column shows a D. While this does not mean that the ETF has received any regulatory approval or any clear approval process results, listing it on the DTCC website is a standard procedure for launching a new ETF.
The Fear and Greed Index hit a new record since June 2022, with the level at Extreme Fear
Alternative data shows that the current Fear and Greed Index is 10, the lowest since June 2022, and the level is extremely panic. Last week it was neutral (49).
Project News
Christian, founder of the stablecoin digital bank Infini, posted on the X platform, Today, I officially filed a case in Hong Kong on behalf of Infini. The police were very efficient and the experience was very good. I can feel the Hong Kong governments open and inclusive attitude towards digital assets. At present, the stolen assets belong to us from a legal perspective. It is a good progress. I hope that the day of substantial benefits will come soon.
Regarding the airdrop registration that is now open, the Babylon Foundation held several rounds of community QA sessions at X, as follows.
Q1: If I have staked through a third party (such as a liquidity staking protocol or Binance Earn), can I register to receive airdrops? A: No. Third-party protocols and their service providers themselves can register to receive airdrops. You should contact the maintainers of the third-party protocol or service provider to ask about potential rewards and incentives they may offer.
Q2: If I stake through a third-party protocol and also hold Pioneer Pass NFTs, am I eligible to receive NFT-related airdrops? A: No, because you did not stake directly through Babylon in the first phase.
Q3: Will NFTs increase the rewards of staking airdrops? A: No. NFT holders who directly stake in Phase 1 will be eligible for a separate airdrop. NFTs will not amplify or increase any rewards.
Investment and Financing
FanTV, the Sui ecosystem AI Agent content platform, has completed a $3 million financing round, with Mysten Labs, Cypher Capital, CoinSwitch Ventures and Illuminati capita participating in the investment. The project has previously completed a $5.5 million financing round, with Multicoin Capital, Woodstock Fund, Krafton, IOSG Ventures, Pravega Ventures and Tykhe Block Ventures participating in the investment. (TheBlock)
Shaga completes $4 million financing, led by IOSG Ventures
Solana ecosystem DePIN project Shaga announced the completion of US$4 million in financing, led by IOSG Ventures. Investors include Everyrealm, Amber Group, MH Ventures and other institutions, as well as several angel investors.
Characters Voices
Analyst Giuseppe Dellamotta said that the weekly unemployment claims data in the United States will be released tonight. As a more timely indicator of the state of the labor market, this data remains one of the most important weekly data. The number of initial unemployment claims remained in the 200,000-260,000 range created since 2022, while the number of continuing unemployment claims, despite some recent relief, continued to hover near the cycle high. Given the recent panic about economic growth, if the data jumps to exceed the upper limit of the range, the market is likely to fall into risk aversion again. (Jinshi)
Bloomberg: Traders begin hedging $70,000 in Bitcoin options market
Trump fever is fading across markets, and the Bitcoin options market shows that investors and traders are beginning to hedge against a fall, with traders starting to hedge at $70,000 in the Bitcoin options market. According to data from crypto options exchange Deribit, the open interest (i.e., the number of open contracts) for put options with a strike price of $70,000 hit the second highest of all contracts expiring on February 28, with a total of $4.9 billion in open interest set to expire on Friday.
Mask Network founder Suji Yan posted that today is his birthday. About 3 hours ago, a public wallet carried on his mobile phone was hacked and more than $4 million in assets were stolen. All stolen transactions appear to be manual and lasted for more than 11 minutes. Therefore, either the private key was leaked on his birthday, or it could be an offline attack. Suji Yan said that he was at a private party with a dozen friends at the time, and when he went to the bathroom, etc., his mobile phone was away for a few minutes, but he believed his friends. This is a nightmare for anyone. SlowMist and ZachXBT have been contacted to assist in the investigation, and they are working with relevant agencies and law enforcement agencies. No further comments will be made until these experts reach a conclusion.
Ki Young Ju, co-founder and CEO of CryptoQuant, posted on the X platform that the on-chain indicators of Bitcoin show that it is currently at the bull-bear boundary. It was previously expected that this would be the longest bull market in history, but it may be wrong. The market needs at least one month of data to confirm whether it has entered a bear market. If demand does not recover, the indicators may fully indicate a downward trend. According to the typical two-year cycle, the bull market should last until April 2025, so the next one or two months will be a key turning point in the BTC market. If each indicator confirms the downward trend, it will admit that the previous judgment was wrong, but it is still believed that the possibility of falling below $77,000 is very low.
