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🆕 February 13th (Friday) Global Crypto Top News Bitcoin fell to $66K, and the Fear and Greed Index hit 5 (extreme fear) again. However, rumors of major domestic companies like Toss and Naver entering the crypto space continue to emerge! Check out Friday's news briefing!! 1️⃣. Market Status (Panic & Big Picture for Major Companies) 🟢Coinbase: Trading and transfer functions temporarily suspended 🟢Big Tech: Major companies, including Toss (considering acquisition of overseas exchange) and Naver (rumored to have acquired Dunamu stake), are accelerating their entry into the crypto market. 🟢GOPAX: Former CEO criticizes Binance for delaying customer repayments and urges immediate execution. 🟢Panic: Bitcoin plunge causes El Salvador's reserves to lose $300 million in value. 2️⃣. Projects & Updates 🟢Aztec: Listed on major exchanges like Binance Futures and Coinbase after TGE completion 🟢Espresso: Listed on Coinbase and Airdrop Claim Portal Opened 🟢LayerZero: New Chain 'Zero' Released (Expecting Collaboration with Wall Street Institutional Infrastructure, such as Citadel) 🟢Decibel: Pre-deposit for Aptos-based Perp DEX Begins ➡️ Click Here 3️⃣. Check Key Market Indicators 🟢Fear and Greed Index: 5 🟢Exchange Rate Hits 1,460 KRW, GIMP Hits 2.0% 🟢BTC $66.2K / ETH $1.94K 💬 COMMENT ✔️ Meaning of the Fear Index '5' The Fear and Greed Index has reached 5. This indicates that market participants have moved beyond fear and entered a state of resignation. Historically, a level of '5' has been a bottoming signal, but it's still a shaky level to catch a falling knife. ✔️ Are large corporations preparing to buy up shares? While the price has crashed, Toss is reportedly exploring overseas exchanges, and Naver is reportedly targeting Dunamu shares. As retail investors leave, large corporations are clearly seeking to seize control of the infrastructure. It's Friday, and mental health is paramount. Stay strong, everyone!

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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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