"Weekly Editor's Picks" is a "functional" column of Odaily Odaily. In addition to covering a large amount of real-time information every week, Odaily also publishes a lot of high-quality in-depth analysis, but these may be hidden in the news feed and trending news, and you may miss them.
Therefore, every Saturday, our editorial team will select some high-quality articles worth reading and saving from the content published in the past 7 days, bringing new inspiration to you in the crypto world from the perspectives of data analysis, industry judgment, and opinion output.
Now, let's read it together:
Investment and Entrepreneurship
What will be available for trading in the crypto market a year from now?
If the primary market stops producing "future secondary markets," what will be traded in the secondary market a year from now? What changes will occur in the exchanges?
The projects that will soon be included in TGE are all "existing old projects," and the industry is reducing its inventory. The changes in the primary market are not only a reduction in the overall amount, but also a structural collapse. Although established funds are now struggling to raise funds, they can still survive, lie low, collect management fees, or transform to invest in AI, while many more funds have already closed down or shifted to the secondary market.
The industry is seeking solutions through external expansion, such as asset tokenization and prediction markets.
When the primary level ceases to produce the future, what the secondary level can truly trade are two things: the uncertainty of the external world and the trading narrative that can be repeatedly reconstructed.
Bitcoin faces three major competitors for survival: artificial intelligence and capital-intensive growth, real estate, and the US Treasury market. The combined market capitalization of these three markets (AI growth, real estate, and Treasury bonds) exceeds $100 trillion. For Bitcoin to succeed in a negative Rho environment, it doesn't mean these three markets must collapse, but their attractiveness relative to zero-yield investments must decrease.
Bitcoin's lack of cash flow is actually an advantage. It has no profit expectations, no coupons to devalue, and no yield curve to anchor market expectations. Bitcoin doesn't need to be repriced against a broken benchmark, because it wasn't priced against one in the first place. It only needs to maintain its scarcity while everything else proves to be either plentiful or unreliable.
Market bottoms are almost always accompanied by a fundamental shift in market mechanisms that fundamentally reshapes investor behavior and expectations. While this may be difficult to detect at the time, it becomes obvious in hindsight.
Massive defeat! Who killed the tech premium in the crypto market?
Under the dual pressures of a depleted original narrative and institutional deleveraging, the crypto industry is being forced to bid farewell to the primitive era of attempting to build a parallel financial system, and instead embark on a brutal "species evolution"—from disruptors to dependents; from creating assets to moving assets.
The massive capital expenditure cycle of AI is itself shifting from "injecting liquidity" to "withdrawing liquidity," leading to a substantial shortage of global financial capital.
HYPE buying far exceeded expectations: Decoding PURR's dynamic ATM expansion mechanism
If trading volume can be maintained at current levels, PURR could add approximately $8 million in "firepower" daily to buy HYPE.
To reiterate, this does not mean they will blindly buy at the top; however, the incentive structure here is completely different from PIPE.
PIPE financing: Funds are available in one lump sum, there is no urgency, and you can hold the cash and wait for a sell order to appear.
ATM issuance: The incentive structure will change.
If issuance capacity expands with trading volume and momentum, and higher PURR trading volume can continue to open the ATM window, then maintaining the strong momentum of HYPE may actually expand future issuance and financing capacity.
In this structure, aggressive buying during an uptrend is no longer irrational. It can be a means to maintain liquidity, increase trading volume, and maximize the amount of funds that ATMs can raise over time.
This is not about "blindly placing orders." It means that under certain conditions, quickly absorbing selling pressure, and even adding to positions in line with the trend, is a rational strategic choice.
Also recommended: " a16z's New Year View: When Supply-Side Leaps Forward, We Need a New Thinking Framework ", " Cryptocurrencies Without Compound Interest Can't Outperform Stocks? ", " To You in Panic: Every Crash is a Gift for Long-Term Investors", and " The Great Ebb: The Collapse and Liquidation of Crypto Belief ".
Prediction Market
"Bet madness won't happen," Vitalik's prediction market trading strategy.
XX% doesn't reflect the true probability, but rather the emotion. Vitalik, on the other hand, stands in opposition to emotion, using rationality to profit from that overestimated probability difference.
After being optimized through sophisticated trading systems based on mathematics and statistics, such as the Kelly Criterion, this strategy has become one of the most robust investment methods in the current market prediction landscape.
Also recommended: " Prediction Markets: Concepts, Mechanisms, and Arbitrage Strategies ", " Prediction Market Activity Hits Record High: Key Events from Top Projects ", and " They Made Millions of Dollars on Polymarket by Predicting the Weather ".
Airdrop Opportunities and Interaction Guide
The biggest airdrop for crypto enthusiasts was from Yuanbao.
The current imbalance between "effort and reward" in crypto airdrops is not due to the "moral depravity" of a single project, but rather the result of a change in the entire industry structure.
Web2 giants use cash to buy user certainty, while Web3 uses token rewards as a potentially realizable promise.
From user acquisition to retention, the effectiveness of airdrops can only sustain the first half at most.
Also recommended: " Popular Interaction Collection | Perle Labs Launches New Tasks; ambient.xyz Early Test Experience (February 3rd) ".
Meme
A $300,000 gold-plated statue of Trump: a crazy marketing campaign for Meme Coin.
Almost everyone in the cryptocurrency space has tried to profit from Trump's presidency: either by making business deals with his family or by seeking deregulation from his administration. But few have acted as boldly as the supporters of PATRIOT.
They used the statue to promote a meme cryptocurrency called PATRIOT. Creating a giant statue is an expensive way to generate social media buzz, but it's also a potentially lucrative venture.
Ethereum and Scaling
On February 3, Vitalik Buterin said on X: Layer 2's original vision of solving Ethereum's scalability as 'Branded Sharding' is no longer valid.
In a single sentence, this almost signaled the end of the mainstream Ethereum narrative of the past five years. The Layer 2 camp, once hailed as Ethereum's savior, is facing its biggest legitimacy crisis since its inception. More direct criticism followed, with Vitalik writing scathingly in a post: "If you create an EVM that processes 10,000 transactions per second, but its connection to L1 is achieved through multisignature bridges, then you are not scaling Ethereum."
Ethereum is reclaiming its sovereignty.
Also recommended: " Besides negating himself, what else is Vitalik thinking about ?"
CeFi & DeFi
Is Binance still the world's largest exchange?
Contract trading volume is facing challenges; liquidity for mainstream cryptocurrencies has been surpassed in some areas; and the expansion of new trading instruments is progressing slowly. What Binance is losing is not market share, but the power to define "what an exchange is."
Web3 & AI
From Moltbook to MOLT: How did the idea of AI autonomy get caught up in the crypto market?
Moltbook is a social network for AI agents. The AI agents' completely unrestrained collective improvisation has created a highly fragmented, mind-blowing, and occasionally profound digital carnival.
The allure of Moltbook may not lie in its "depth" or "usefulness," but rather in the pure, uninterrupted eruption of collective unconsciousness.
With endorsements from celebrities and media coverage, Moltbook has successfully expanded its reach beyond its original niche.
The Meme coin MOLT has gone from riding the wave of popularity to being "claimed".
Having heavily invested in the first wave of the AI Agent craze, what's my take on Moltbook today?
In the last wave of AI Agent hype, what the market paid for was less its practical value and more a collective FOMO (Fear of Missing Out) on the "AI Agent narrative." Because of the sudden surge in popularity of Moltbook, the market has, for the first time in a long time, begun to pay for "AI Agents themselves." This time, the focus is no longer on whether AI Agents can actually help people, but rather on whether Web3 can still participate when Agents exist in this way.
While there may not be a major boom in the AI Agent sector in the short term, it is worth paying attention to again.
Will the AI Agent economy truly begin operating in 2026?
The infrastructure phase is nearing completion, and the application phase has begun. Builders should now focus on three things:
- Build a unified discovery index layer to aggregate services from all platforms into a single searchable entry point;
- Establish a capability benchmark system to demonstrate agent capabilities with verifiable results, rather than relying solely on ratings;
- Develop a trust gating middleware to integrate the ERC-8004 verification mechanism into the x402 payment execution process.
The transition from "protocol ready" to "product ready" will occur within the next 2–3 months. Now is the time to get started.
Safety
Nearly $1.26 billion USDT has been frozen; how can we prevent the risk of USDT being frozen?
In 2025, Tether blacklisted 4,163 unique addresses, freezing $1.26 billion in funds. Of this, 55.6% ($698.42 million) was destroyed, and only 3.6% of the blacklisted addresses were unfrozen that year. Responding to requests from law enforcement agencies is the primary trigger for address freezes. The article also provides guidance on preventing freezes, checking for frozen funds, and appealing.
Weekly Hot Topics Intensive Review
In the past week, on January 31, gold experienced its biggest single-day drop in 40 years , while silver fell by more than 36%, setting a record; on February 6, the market plummeted , with BTC falling to a low of $60,000.
In addition, regarding policy and macro markets, Warsh's nomination has triggered a reassessment of policy logic, with the Federal Reserve potentially shifting to a combination of " balance sheet reduction + interest rate cuts "; the US government has officially partially shut down ; and the European Central Bank has remained on hold as expected, keeping its three key interest rates unchanged.
In terms of opinions and statements: Trump was unaware that Abu Dhabi had invested $500 million in WLFI; Santiment: Market sentiment has hit a low for the year , and institutional positioning shows that long-term confidence remains strong, releasing bullish signals; Bitwise CIO: The Crypto Winter began in January 2025 , but was masked by ETF and DAT inflow data, and is now coming to an end; Deutsche Bank: Bitcoin's recent decline stems from a loss of confidence, not a collapse in market structure ; Uniswap founder Hayden Adams: Ethereum needs to adopt an engineering-driven approach if it wants to become more independent ; He Yi: The community-initiated " withdrawal movement " is an effective stress test for exchanges.
Regarding institutions, large companies, and leading projects: Multicoin Capital: Co-founder and Managing Partner Kyle Samani has stepped down from his day-to-day responsibilities and management duties at Multicoin, transitioning to an advisory role. Samani's interests have expanded from the cryptocurrency field to cutting-edge areas such as AI, longevity technology, and robotics ( Analysis ); Polymarket and Kalshi disagree on definitions, and the US government shutdown highlights the issue of "definition accuracy" in prediction markets ; Polymarket opens a store in New York, while Kalshi is giving away $50 supermarket coupons ( Analysis ); Jupiter announces it will integrate the prediction market Polymarket; BNB Chain releases the BAP-578 standard , proposing the concept of Non-Fungible Proxy (NFA)... Well, it's another week of declines.
Link to the "Weekly Editor's Picks" series is attached .
See you next time~
