Somesing "Reflection of circulation supply plan in Xangle... Monitoring status is being recorded as normal"
Blockchain-based social karaoke app Somesing (SSX) cited virtual asset investment information data platform Xangle Data and said, "The updated SSX circulation supply plan has been applied to Xangle real-time data, and the current monitoring status is recording 'normal'." Reported through. Somesing had 730 million SSX stolen on January 27, and Upbit, Bithumb, and Coinone later designated SSX as a cautionary investment item. According to CoinMarketCap, SSX is trading at $0.01418, up 2.69%.
ETH Whole Sky testnet Denkun hard fork scheduled within 12 hours
EtherHub co-founder 'sassal.eth' (X account) said, "The Ethereum (ETH) Denkun upgrade will be activated on the Whole Sky testnet within 12 hours." The ETH Foundation carried out the Dencoon hard fork upgrade on Goli and Sepolia testnets on January 17th and 31st, respectively. The timing of the mainnet upgrade is expected to be decided in early to mid-March. Denkun hard fork is a large-scale upgrade that includes many updates, including EIP-4844 (proto-danksharding) for ETH scalability upgrade, gas fee optimization, and network security improvements.
U.S. House of Representatives Financial Services Committee: Concerns over SEC's mandate for cryptocurrency dealers could lead to market chaos
The U.S. House of Representatives Financial Services Committee stated through The proposal is overly broad in scope and lacks clarity for regulatory implementation. This is expected to cause confusion among market participants. He emphasized, “The SEC must promote relevant regulations to encourage innovation and ensure market stability.” Previously, the SEC announced that if a cryptocurrency trader holds assets of more than $50 million and meets certain requirements (for cryptocurrency belonging to securities), A regulatory proposal has been announced mandating the registration of dealers (liquidity providers, etc.) or government bond dealers.
Analysis “Decreasing number of addresses holding BTC... Impact of spot ETF approval”
Santiment, a cryptocurrency on-chain analysis platform, said through “This may be because it has decreased,” he said.
Analysis “Estimated loss of 18-23% of total BTC circulation”
Twitter user Checkmate (@_Checkmatey_), known as a senior analyst at Glassnode, a cryptocurrency on-chain data analysis company, reported through He said, "It is impossible to directly measure how much BTC was lost. Some BTC is stored for a long time, and in some cases the private key has been lost. From a probabilistic perspective, the amount lost in the BTC supply was measured and the amount in circulation was 21 million BTC. ) is estimated to have been lost between 18.56% and 23.19%.” 3.89 million BTC is equivalent to approximately $167.6 billion.
U.S. Republican lawmakers ask Janet Yellen, who called for regulation, “Curious about the definition of cryptocurrency at the federal level”
According to The Block, U.S. Republican lawmakers have asked U.S. Treasury Secretary Janet Yellen for answers on how cryptocurrency should be defined at the federal level. In a speech released to the U.S. House of Representatives Financial Services Committee on the 5th, Janet Yellen called for legislation to regulate stablecoins and the spot market for cryptocurrencies that are not considered securities. In response, multiple lawmakers asked whether it was judged that both Bitcoin and Ethereum (ETH) are not securities and whether it would be appropriate to expand the jurisdiction of the U.S. Commodity Futures Trading Commission (CFTC) to the cryptocurrency spot market. The lawmakers asked on February 20 He added that he would wait for a response until Sunday (local time).
Bloomberg analyst: “GBTC outflows are decreasing, but inflows from other BTC spot ETFs are also decreasing.”
Bloomberg analyst James Seypart said through The net outflow was $72.7 million.”
