1. Popular cryptocurrencies on CEXs
Top 10 CEX trading volumes and their 24-hour price changes:
- BNB: -1.36%
- BTC: -1.82%
- ETH: -2.95%
- BERA: +83.43%
- SOL: -4.34%
- S: +18.36%
- DOGE: -1.70%
- IDEX: -3.19%
- PIVX: +2.63%
- UNI: +2.39%
24-hour gainers list (data source: OKX):
- BERA: +48.92%
- TNSR: +28.10%
- LINEA: +23.90%
- S: +23.60%
- ME: +16.72%
- XPL: +9.96%
- YB: +9.83%
- SNT: +9.69%
- LIT: +9.36%
- AGLD: +8.21%
24-hour cryptocurrency stock gainers list (data source: msx.com ):
- VRT: +23.43%
- SNDK: +12.9%
- CONI: +12.79%
- MU: +11.45%
- MSTZ: +10.39%
- AXTI: +9.24%
- HYPD: +8.65%
- SOXL: +7.44%
- SIMO: +6.66%
- ICG: +6.58%
2. Popular on-chain memes (data source: GMGN ):
- WhiteWhale
- WAR
- USELESS
- PENGUIN
- Buttcoin
Headlines
U.S. House lawmakers Tuesday rejected Speaker Johnson's attempt to block a vote on President Trump's tariff resolution, a blow to Johnson's leadership and paving the way for criticism of Trump's signature economic policies. The procedural motion failed to pass with 217 votes against and 214 in favor, with three Republicans joining the 214 Democrats in voting against it, defeating the motion in the narrowly contested House. This vote means Democrats will be able to bring a resolution challenging Trump's tariff policies to a full House vote, potentially triggering a series of closely watched voting procedures as early as Wednesday. While Trump can veto any resolution submitted to his desk, the passage of this vote represents a public rejection of his tariff policies and could trigger a strong reaction from the White House.
On February 11, at the Consensus Hong Kong conference, SFC Chief Executive Officer Fung Yee Leung said that the regulator will release a “high-level framework” that will allow licensed trading platforms to offer perpetual contract products.
Leung Fung-yee pointed out that these products will initially be open only to institutional investors and not to retail clients. The relevant framework will focus on risk management, requiring platforms to have robust risk control capabilities and ensuring that the trading mechanism is fair to clients.
In addition, the Hong Kong Securities and Futures Commission will allow securities firms to provide financing services to clients with good credit standing, with collateral including securities and virtual assets. Given the high volatility of virtual assets, initially only Bitcoin (BTC) and Ethereum (ETH) will be eligible as collateral.
Regarding market-making operations, platforms offering related services must establish an independent market-making department and a strict conflict-of-interest management mechanism. Leung Fung-yee stated that these measures align with the SFC's 2025 roadmap for promoting the development of the local crypto market, aiming to enable compliant institutions to offer more diverse products and services.
Market data shows that Bitcoin whale have recently purchased approximately 53,000 Bitcoins, marking the largest increase since November of last year, providing some support for the price after several weeks of selling. However, overall market demand remains relatively concentrated, raising questions about whether the market has truly entered a recovery phase. Currently, Bitcoin prices are still down about 40% from their October highs, with some cryptocurrency ETF investors experiencing paper losses, and institutional buying has also slowed. Analysts believe that without broader capital participation, this round of buying is more likely a temporary market stabilization measure rather than a trend reversal signal.
Industry News
The Financial Times' commentary on the non-farm payroll report noted that the US economy added 130,000 jobs in January, far exceeding market expectations, indicating signs of improvement in the US labor market after a series of weak data. US Treasury yields jumped in response as investors lowered their expectations for interest rate cuts this year. The yield on the two-year Treasury note, particularly sensitive to monetary policy, surged to 3.55%, a one-week high. The unemployment rate dipped slightly to 4.3%. After years of strong growth, US hiring activity is expected to slow sharply by 2025. A series of new reports released last week suggested that the labor market could deteriorate further as layoffs increase and job openings decrease. However, the latest data will help reinforce Federal Reserve Chairman Powell's argument that the labor market is showing "signs of stabilization."
U.S. nonfarm payrolls increased by 130,000 in January, below the expected 70,000.
U.S. nonfarm payrolls increased by 130,000 in January, compared with expectations of 70,000 and a revised figure of 48,000 for the previous month (originally reported as 50,000).
U.S. seasonally adjusted manufacturing employment rose 5,000 in January, compared with a forecast of -5,000 and a previous reading of -8,000.
U.S. private sector nonfarm payrolls increased by 172,000 in January, below the expected 70,000 and the previous month's figure was revised from 37,000 to 64,000.
Data: Total open interest in SOL contracts across the entire network is $5.146 billion.
According to CoinGlass data, the total open interest of SOL contracts decreased by 2.90% in the past 24 hours, with a current total open interest of $5.146 billion. Specifically, Gate.com holds $977 million, Binance holds $906 million, and Bybit holds $668 million.
Ethereum staking ratio surpasses 30%, setting a new all-time high.
According to Token Terminal data, the Ethereum staking ratio has exceeded 30%, a record high.
According to SoSoValue data, Bitcoin spot ETFs saw a total net inflow of $167 million yesterday (February 10th, Eastern Time).
The Bitcoin spot ETF with the largest single-day net inflow yesterday was ARKB, an ETF from Ark Invest and 21Shares, with a net inflow of $68.5285 million. ARKB's total historical net inflow has now reached $1.557 billion.
The second largest inflow was into the Fidelity ETF FBTC, with a net inflow of $56.9223 million in a single day. The total historical net inflow of FBTC has reached $11.167 billion.
As of press time, the total net asset value of Bitcoin spot ETFs was $87.748 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.39%, and a historical cumulative net inflow of $55 billion.
According to SoSoValue data, the Ethereum spot ETF saw a total net inflow of $13.8184 million yesterday (February 10, Eastern Time).
The Ethereum spot ETF with the largest single-day net inflow yesterday was the Grayscale Ethereum Mini Trust ETF (ETH), with a single-day net inflow of $13.3173 million. The current total historical net inflow of ETH is $1.717 billion.
The second largest net inflow was into the Fidelity ETF FETH, with a single-day net inflow of $501,100. The total historical net inflow into FETH is currently $2.582 billion.
As of press time, the Ethereum spot ETF has a total net asset value of $11.755 billion, with an ETF net asset ratio (market capitalization as a percentage of Ethereum's total market capitalization) of 4.84%, and a cumulative net inflow of $11.88 billion.
Project News
USD.AI will conduct a token sale on Coinlist with a $300 million FDV.
Coinlist has announced a USD.AI sale. This sale is only open to users who participated in the USD.AI “Allo Game” points program. Eligible users can participate directly through CoinList during the sales window from February 22nd to 27th. Participants will receive a guaranteed allocation based on their points earned in the Allo Game. Users can subscribe beyond their guaranteed allocation. If the sale is not fully subscribed, the excess will be allocated proportionally.
USD.AI's token is named CHIP, with a total supply of 10 billion tokens. A total of 700 million tokens will be sold in this offering, with a price of $0.03 per token and a corresponding FDV of $300 million. It is expected to be 100% unlocked at TGE in March, with a minimum subscription amount of $100.
After announcing the deployment of BUIDL on the DeFi platform Uniswap, asset management giant BlackRock stated that it would purchase Uniswap token UNI, but did not disclose the specific amount to be purchased.
Analysis suggests that the initial impact of Uniswap adding BUIDL to its platform may not be significant, as the agreement involves Securitize creating a whitelist of eligible institutions to participate in DeFi trading. The company will also whitelist some market makers, including long-term cryptocurrency liquidity provider Wintermute, to facilitate trading. Meanwhile, access to BUIDL is limited to qualified buyers—individuals or entities with assets of $5 million or more.
Intercontinental Exchange (ICE) announced the launch of the Polymarket Signals and Sentiment tool, providing predictive market data and analytics. ICE will become the exclusive provider of this data in institutional capital markets.
Polymarket is the world's largest prediction market, with markets related to or adjacent to financial and commodity markets. ICE now offers standardized data streams, enabling professional and institutional traders to use crowdsourced probability assessments as market signals to complement traditional market, pricing, and sentiment inputs.
Chris Edmonds, president of ICE Fixed Income and Data Services, said the company leverages its AI and data science expertise to standardize data, helping clients transform market information into signals that can be used to develop alpha generation strategies and manage risk. Shayne Coplan, founder and CEO of Polymarket, stated that prediction markets, reflecting near-real-time collective expectations of market-driving events, have become a reliable source of information beyond traditional data sources.
The service is reportedly provided through ICE's existing data infrastructure, offering near real-time access via the ICE Consolidated Feed and historical time-series data through the ICE Consolidated History. The tool also maps Polymarket signals to specific securities or companies. This data is part of ICE's newly launched Signals & Sentiment service, which also includes data from Reddit and Dow Jones.
Binance partners with Franklin Templeton to launch institutional OTC collateral program
According to an official announcement, Binance and Franklin Templeton have launched their first collaborative product – an institutional OTC collateral program. This program allows eligible institutional clients to use tokenized money market fund (MMF) units issued through Franklin Templeton's Benji technology platform as OTC collateral for trading on Binance. This initiative aims to enable institutional traders to participate in the digital market using traditional, regulated, and yield-generating money market fund assets without depositing assets into an exchange, thereby reducing counterparty risk and generating returns.
Catherine Chen, Head of VIP and Institutional Business at Binance, said, “Our partnership with Franklin Templeton to use tokenized real-world assets for off-exchange collateralized settlement is an important step in our efforts to further integrate digital assets with traditional finance. Exploring on-chain applications of traditional financial instruments not only brings new opportunities to investors but also fully demonstrates the enormous potential of blockchain technology in improving market efficiency.”
Investment and Financing
RubberVerseX announces completion of $2 million strategic financing.
RubberVerseX (RVX), a digital rubber economy project, today announced the completion of a $2 million strategic funding round, jointly invested by HVS Ventures, BD Ventures and M2M Capital.
This round of financing will accelerate RubberVerseX's efforts to build a transparent, data-driven digital rubber economy.
RubberVerseX leverages real rubber plantations and industry resources, and through a verifiable data network, it introduces planting, processing, and distribution into the blockchain system. It also covers real asset value generation paths such as ESG certified outputs and carbon credits, promoting the evolution of the traditional rubber industry towards a sustainable and participatory digital economy.
Digital asset infrastructure company Birch Hill Holdings announced the completion of a $2.5 million Pre-Seed funding round, co-led by ParaFi Capital and Castle Island Ventures, with participation from Nascent, FalconX Ventures, Coin Operated Group, The Operating Group, JST Digital, Flowdesk, and Ramin Kamfar, founder and CEO of Bluerock. The company focuses on on-chain lending and tokenized asset markets, and the new funding will support its efforts to build an institutional lending strategy centered on risk management.
Regulatory Trends
U.S. Securities and Exchange Commission (SEC) Chairman Paul S. Atkins testified before the Congressional Financial Services Committee on Wednesday, outlining the SEC's priorities and emphasizing that the SEC will continue to prioritize protecting investors, maintaining fair and efficient markets, and promoting capital formation, while balancing regulation of traditional markets and digital assets. These priorities include:
1. Reduce corporate compliance costs: It points out that listed companies spend as much as $2.7 billion annually on annual report disclosures, emphasizing the need for streamlined, modernized, and substantive information-focused disclosures to make them more useful and easier to understand.
2. Support IPOs and Capital Formation: Propose three major initiatives—disclosure of substantive information as the core, depoliticizing shareholder meetings, and providing litigation alternatives for companies—to incentivize innovation and protect investors.
3. Promoting Digital Asset Regulation: The SEC and CFTC are collaborating on Project Crypto, which aims to develop a token classification system, provide clear regulatory guidance, and consider exemptions for on-chain transactions and activities. They also support Congress in advancing the CLARITY Act to establish a federal framework for the crypto market.
4. Review of traditional regulatory tools: A comprehensive evaluation of the Consolidated Audit Trail (CAT) system was conducted, and measures have been taken to reduce annual costs by approximately $92 million.
5. Strengthen investor protection and law enforcement: Return to the fundamental mission, focus on combating fraud, insider trading, financial violations and cross-border manipulation, and establish a cross-border law enforcement task force to suspend trading of shares of several Asia-Pacific companies to prevent manipulation.
Sources say the U.S. meeting on stablecoin yield rewards was described as "productive."
The White House has met with banks and cryptocurrency companies to discuss whether stablecoins should be allowed to offer yield rewards. According to sources familiar with the matter, the talks were described as "productive" and showed initial signs of compromise. No agreement has yet been reached, and further meetings are expected before the March 1 deadline.
John Lee: First batch of stablecoin issuer licenses expected to be issued next month
Hong Kong Chief Executive John Lee Ka-chiu stated that the Hong Kong Monetary Authority (HKMA) is actively processing applications for stablecoin issuer licenses, with the first batch expected to be issued next month. In a video address at the "Consensus Hong Kong 2026," Lee noted that Hong Kong enjoys unparalleled advantages such as "One Country, Two Systems" and an open and transparent market, serving as a platform for international capital, talent, and information. The HKMA government is committed to building Hong Kong into a global innovation hub for digital assets. He also pointed out Hong Kong's significant advantages in promoting Web3 development and will continue to strive to maintain its leading position in the fintech field, welcoming institutions from around the world to join hands with Hong Kong to build a better digital future.
Character voices
Kyle Samani stated in an article on the X platform that the progress of the Solana on-chain market microstructure over the next 18 months will surpass any other period in cryptocurrency history. This progress includes Alpenglow, ACE, MCL, PropAMMs, aggregators, conditional liquidity, and overall improvements to SVM and the scheduler.
Vitalik Buterin: Building an Ethereum AI ecosystem should follow a differentiated innovation path.
In a post on the X platform, Vitalik Buterin stated that to make Ethereum an ideal platform for AI, it cannot simply be a copy of existing solutions with a different name. He emphasized that meaningful technological improvements, such as zero-knowledge privacy-preserving payments and reputation systems, are needed to create infrastructure and applications that are truly superior to existing solutions.
Vitalik Buterin's tweet was in response to Davide Crapis, head of AI at the Ethereum Foundation. Crapis had previously stated on the X platform that current internet API access heavily relies on identity verification (such as email, bank cards, or wallets), and that AI development could exacerbate this trend. He proposed a solution replacing "identity" with "staking": users deposit a staked amount once, allowing for multiple API calls while remaining unlinked, with abuse subject to penalties.
In a report, BeiChen Lin, senior investment strategist at Russell Investments, stated that while a complete victory is not yet achieved, the Federal Reserve's fight against inflation appears to be within reach. He pointed out that a more balanced labor market will help suppress inflation in the services sector; moreover, the inflationary pressures from tariffs are expected to gradually subside in the second half of the year. Furthermore, sluggish activity in the US housing market will also help control inflationary pressures. Lin believes that even if the US economy maintains trend-based growth this year, or even slightly exceeds trend levels, inflation is expected to remain benign and manageable this year and next. (Jinshi)
Binance stated in a post on its X platform that the recent market attention regarding relevant data comes from the third-party platform Coinglass. DefiLlama also previously experienced data discrepancies, and the data is expected to recover in 24 to 48 hours. Binance believes that regularly testing withdrawals on exchanges is a positive and healthy practice, and reminds users to carefully verify addresses during testing and confirm their accuracy before making withdrawals. Furthermore, Binance suggests that the industry consider establishing an annual "Withdrawal Day" to uniformly verify the authenticity of assets across platforms, thereby improving transparency and market trust.
In an interview with Bloomberg TV, Bitget CEO Gracy Chen said that although the data showed mixed results, she agreed with Bitwise Chief Investment Officer Matt Hougan's view that the current pullback is a strategic buying opportunity for long-term investors who hold for more than three years.
Gracy Chen stated that the trigger for last week's price drop was policy uncertainty stemming from the new Federal Reserve candidate, as well as risk aversion due to macroeconomic and geopolitical factors. Following the events of October 11, 2025, overall liquidity in the crypto market has tightened, and any sell-off will be quickly amplified.
Gracy Chen believes that future trends will depend on the US quantitative easing policy and global money supply growth. She is also optimistic about the prospects of tokenization of real-world assets as a major driving force for applications. The four-year cycle pattern has now been smoothed out by Wall Street capital represented by ETFs and DAT. Bitcoin remains a liquidity-sensitive asset; from a 3-4 year perspective, the current $70,000 level is a good entry point, and she recommends using DCA (Distributed Averaging Down) to build positions in batches.
Uniswap founder: Wins patent infringement lawsuit against Bancor
Uniswap founder Hayden Adams posted on the X platform that his lawyers informed him that Uniswap had won its lawsuit. Previously, the Bprotocol Foundation and LocalCoin Ltd. filed a lawsuit in the U.S. District Court for the Southern District of New York, accusing Uniswap Labs and the Uniswap Foundation of infringing on patents related to its Constant Product Automated Market Maker (CPAMM) infrastructure, which it obtained in 2017. Bancor claimed that Uniswap used its core smart contract technology without authorization and sought damages. A Uniswap Labs spokesperson previously stated that the lawsuit was baseless and argued that its protocol code had been publicly available for years.
In the All-In podcast, CZ recounts his early career experiences to Chamath Palihapitiya, including his time at Blockchain.info (now Blockchain.com) and OKCoin, as well as his early deep understanding of the Bitcoin industry and his value choices.
CZ, who joined Blockchain.info, stated that the team initially consisted of only three people, with him serving as VP of Technology. The team later expanded to 18 people, but a management restructuring by the CFO led to a change in corporate culture, resulting in several developers, including CZ, voluntarily leaving. He emphasized that at Blockchain.info, he learned about remote work, paying salaries in Bitcoin, and how to achieve rapid user growth to approximately 2 million through "guerrilla" marketing (such as the 150-page post on BitcoinTalk.org).
Joining OKCoin: After leaving Blockchain.info, He Yi contacted CZ to recruit him to OKCoin. The initial offer was 5% equity, but BTC China offered 10%, prompting OKCoin to match the offer within three hours. CZ ultimately chose to join OKCoin in Beijing as CTO, taking on greater business responsibilities.
Reason for leaving OKCoin: CZ revealed that the main reason was the incompatibility of culture and values. For example, "The main issue is the incompatibility of culture and values. There are some practices that I cannot agree with. To give a simple example: when they do promotions or advertise fee discounts, the advertisements make it seem like everyone can enjoy them, but in reality, you have to actively apply for them to get them. It's not automatic. Details like these make me uncomfortable." CZ decided to leave in early 2015.
Tom Lee retweeted a user's post stating that Bitmine Marine (BMNR) holds a 4% stake in Beast Industries. If Mr. Beast launches an IPO and achieves 100x growth, this $200 million investment would be enough to triple BMNR's price from its current level. Fundstrat excels at early identification of companies with breakthrough potential, such as Palantir, Nvidia, and Tesla. This means that as ETH revenue increases, it will achieve 10 to 20 breakthrough projects in the coming years. Combined with the Ethereum supercycle, BMNR aims to become a $1 trillion Ethereum infrastructure company. Since the future of finance is ETH, BMNR is a crucial infrastructure company for future finance, comparable in size to Google, and is projected to achieve 200x growth within 10 years.
