🆕 Global Crypto Top News for Sunday, February 8th Bitcoin reclaimed the 100 million won (71,000 won) mark and is now trading sideways near $69,000. The fear and greed index continues to fall, showing a more depressed sentiment than yesterday. Here's a summary of key news for this weekend morning, amidst ongoing Bithumb issues and various liquidations! 1️⃣. Market Status (Volatility & Bithumb Aftermath) 🟢Volatility: After recapturing 100 million BTC, it fluctuated around 69,000, with continued liquidation of both long and short positions (approximately $90 million liquidated) 🟢Bithumb Issues: The aftermath of the OJT incident led to a 12% stock price plunge and massive withdrawals (rumors of Changpeng Zhao's assistance spread) 🟢Tether (USDT): Cooperating with Turkish authorities, $540 million in assets related to illegal betting were frozen. 🟢Backpack: Demands for user KYC re-implementation through quest items 2️⃣. Projects & Updates 🟢MultiCoin Capital: Updated on 8 Key Investment Themes, Including Fintech 4.0 and DePIN 🟢Ethereum: Finalized Roadmap for Next Upgrade 'Hegota' & Proposed AI Identity Verification Standard (ERC-8004) 🟢Fabric: Full Refund Requests Accepted for Robo Sale Participants (~2/10) 🟢Lotte Valley Bear: NFT Project End Process Entered (Choose Burn or Reward) 3️⃣. Check out key market indicators 🟢Fear and Greed Index: 6 (Extreme Fear) 🟢Exchange rate hits 1,470 won, 1.1% GIMP record 🟢BTC $69.3K / ETH $2.07K 💬 COMMENT ✔️ Meaning of the Fear Index Statistically, this level is likely near the bottom, but the market is so volatile that it's difficult to enter without caution. ✔️ Bithumb Risk Management The aftermath of the erroneous payment incident is leading to a decline in the stock price and an outflow of funds. Rumors of Changpeng Zhao's appearance are also circulating, adding to the confusion. For the time being, it's essential to check the news when using domestic exchanges. The Valley Bear of old is now a historical phenomenon... haha