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Encrypted Breakfast | February 9th 1. Denmark: Negotiations with the United States over Greenland failed to meet expectations. Canada and France opened consulates in Greenland. 2. US Treasury Secretary Bessant: Gold appears to be experiencing a typical speculative sell-off. He doesn't believe Warsh will act quickly on balance sheet issues. 3. Trump: The Dow Jones Industrial Average will reach 100,000 points before the end of my term. 4. Large holders continue to accumulate BTC during pullbacks: Glassnode data shows that multi-queue holders have made net purchases. 5. DeFi TVL rose 2.55% to $99.3 billion in 24 hours: Protocols such as Aave and Morpho recorded modest growth. 6. MegaETH public chain mainnet launched today: claiming 100,000 TPS and millisecond-level latency, and has completed high-intensity stress testing. 7. Aztec TGE scheduled for February 12: Privacy L2 token launch. 8. SushiSwap supports trading of Solana ecosystem tokens: expanding cross-chain liquidity. 9. Cathie Wood: The crypto market may be approaching a potential bottom. A key to diversifying asset allocation is introducing new assets with low correlation to existing assets, and Bitcoin fits this bill. The addition of low-correlation assets can improve risk-adjusted returns in the long run. 10. The CFTC allows the National Trust Bank to issue dollar stablecoins under the GENIUS Act framework. 11. The White House is holding its second round of “staff-level” crypto meetings this week, focusing on “stablecoin yields.” Policy heads from several major banks will attend for the first time. Bank of America, JPMorgan Chase, and Wells Fargo are reportedly invited, while Citigroup, PNC, and U.S. Bancorp are likely to participate. 12.Openclaw The latest version adds QMD functionality, the local search solution can reduce the number of tokens, and also supports more LLMs, etc. [Bitcoin Market Analysis] Bitcoin maintained its weak upward trend over the weekend. The continuous selling pressure over the past four months has brought about a significant correction in Bitcoin. After bottoming out at $60,000, both the monthly and weekly charts show a strong desire for a rebound. A sustained rebound is likely during the Spring Festival, followed by a possible further decline in March. The price reached a high of over 72,000 on the 4-hour chart, but was immediately pushed down. Currently, the 4-hour chart needs time to recover, after which a rebound is expected, with resistance around 85,000. [Risk Warning] Digital assets are highly volatile and carry extremely high risks. Please participate with caution, never go all in, and never use leveraged loans.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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