#What does Lighter (LIT) TGE bring?#
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JJ_Crypto ボア
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The perp DEX meta is absolutely on fire right now 🔥 If you want to farm points + position early for TGE, this is what actually matters 👇 (last two options are still under the radar 👀) 🔥 MUST FARM 1️⃣ @variational_io Still criminally underrated. Yes, it’s been around for a while but point farming is STILL good. Do not fade this. You’re still early. For 12,5% point boosts and loss refunds 👉 omni.variational.io/?ref=OMNIH...… 2️⃣ @nadoHQ Still invite-only and clearly underfarmed. Potential double airdrop exposure via the link with @inkonchain Protocol Low noise = opportunity. Personally betting on this one. 👉 app.nado.xyz/?join=F04cv5M 3️⃣ @etherealdex Not heavily shilled. I have low expectations which is usually a good sign. Why it’s interesting: _Up to 23% APR on trading collateral _Additional exposure to Ethena points farming I am currently running a delta-neutral setup using Nado, getting exposure to both platforms with very low risk. 🧪 SUPER EARLY 4️⃣ @CarbonTerminal Barely on anyone’s radar. Many pairs, up to 60x leverage in some cases but execution still needs improvement Soon migrating to @arbitrum This could easily turn into a gem play💎 Try it now 👉 app.carbon.inc/ref/BOA 5️⃣ @tradehotstuff Mainnet launched yesterday. Still invite-only with their HLV vault already filled (500k). Could this be the next Variational? 👀 I am not missing this one. ⚖️BONUS 6⃣@tread_fi Market-maker & delta-neutral bots across multiple perp DEXs. _Let the bot run _Generate meaningful volume _Keep PnL swings contained Try it here 👉 app.tread.fi/referral/X9PPALK2… 7⃣ @spreads_fi PERPS DEFI Earn passive points for potential future airdrops across a variety of DeFi and trading markets including NADO, @pacifica_fi , @0xFastLane and @Curvance Put your USD at work 👉 app.spreads.fi/exchange/mint?r...… What did I miss?
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캘빈의 감금원
Multicoin's Investment Thesis Update. This is their thesis for their investment portfolio, so you can take a quick look and see what they're thinking. Full Text: assets.ctfassets.net/qtbqvna1l... 1. Fintech 4.0 • Specialized stablecoin fintech with better unit economics at lower costs • Covering most of the fintech stack (e.g., Altitude) • Companies providing stablecoin accessibility to global users/enterprises (e.g., p2p.me, El Dorade) 2. DeFi • Consumer-facing front-end (e.g., Phantom, Fuse Wallet, Robinhood) • DeFi-based company equity (e.g., Coinbase, Morpho) • DeFi middleware (e.g., Li.Fi, Fun.xyz, Yield.xyz) • DeFi protocols (e.g., Kamino, Drift, Aave, Ethena) 3. Financial globalization • Liquid market tokenization (e.g., Paxos) • Global accessibility of synthetic derivatives (e.g., Drift, Hyperliquid, Lighter) • Black market decentralization and efficiency (e.g., BAXUS, Triumph) • New markets (e.g., Kalshi, Sway) • On-chain microstructures (e.g., DFlow, Jito, FastLane) 4. More efficient borrowing/lending • Kamino, Aave 5. Entertainment economy • Cheddr, Novig 6. Programmable ownership • DePIN (e.g., Hivemapper, Render, io.net, Geodnet, Pipe, Gradient) • Internet labor markets (e.g., CrunchDAO, Fuse) • Virtual markets controlled by DAOs (e.g., Jito, Drift, Kamino) • Exploring the Equity 2.0 market 7. Trusted, neutral blockchains • Blockchains with corporate interests will struggle to attract third-party builders and liquidity • Currently, Aptos, Solana invested in Say. 8. Cryptographic Primitives • Zama, Fheniz, zkMe
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yueya fnf
Encrypted News Highlights, February 7, 2026 "The 'Battle Royale' after the bloody weekend: The battle to defend $60,000 BTC begins, Bithumb mistakenly airdrops 2,000 BTC, triggering a stampede in the Korean market." --- ### 🏛️ Key News: Regulatory Game and Macroeconomic Turmoil * Trump nominates Kevin Warsh to head the Federal Reserve: President Trump has officially nominated Kevin Warsh to succeed Jerome Powell. Warsh's aggressive policy of "simultaneous interest rate cuts and balance sheet reduction" has shattered the market's illusion of an easing cycle in 2026, putting long-term tightening pressure on liquidity in risk assets. * Regulatory guidelines for domestic assets issuing currencies overseas have been released: The People's Bank of China and eight other departments have clarified that, without approval, domestic entities and their controlled overseas entities are prohibited from issuing virtual currencies or stablecoins pegged to the RMB overseas. Virtual currency-related businesses have been classified as "illegal financial activities," triggering a large-scale withdrawal of related projects from China. * Bithumb "Ghost Airdrop" Disaster: The South Korean exchange Bithumb suffered a major operational error, mistakenly distributing a reward of 2,000 Korean won as **2,000 BTC** (a total of 620,000 BTC were mistakenly distributed, representing 3% of the total supply). Although the platform recovered 99.7% of the assets, the instantaneous "ghost sell-off" caused the price of BTC in South Korea to plummet by 10% in a short period, triggering a global deleveraging crisis. * Brazil's "Hammer of Stablecoins" Falls: Brazil has passed a law strictly banning unsecured algorithmic stablecoins such as USDe and Frax, with violators facing up to **8 years in prison**. This move marks the beginning of a "criminalization" era in the global regulation of illegal currency-backed stablecoins. --- ### 📊 Market Analysis: The "Blood Banking" Game Amidst Extreme Panic * Fear & Greed Index Drops to Single Digits: The crypto fear and greed index has fallen to **6 (extreme fear)**, its lowest point since the start of 2026. The BTC RSI reading is only **17**, in the third-largest oversold range in history. * $60,000 "Lifeline": After breaking through $63,000, BTC retreated to the 200-day moving average (approximately $58,000-$60,000) to find support. Glassnode points out that the current market loss has reached 24%, and if the $60,000 mark is breached, the next support level will be $55,000. * Arthur Hayes' "conspiracy theory": Hayes believes the recent market crash was related to traders' structural hedging against **BlackRock IBIT options**. On the day of the crash, IBIT options trading volume reached a record high of **2.33 million contracts**, indicating that institutions were using the options market to hedge against the risk of a spot market collapse. * Strategy (MSTR) stock price halved: MSTR's stock price plummeted by over 17% in a single day, and its financial report confirmed that its 710,000 BTC are now **all at a floating loss** (average price of $76,052). The market is holding its breath awaiting whether it faces the risk of being forced to liquidate due to collateral impairment. --- ### 🚀 Popular Token Radar (24h) | Token | Signal | Triggering Event | Key Points | | --- | --- | --- | --- | | POLY | ↑ Positive | Trademark Application | Polymarket Submitted | _2024111120230_ | Trademark application, probability of issuance rises to **70.8%**. | HYPE | ↑ Positive | Breakout Against the Trend | While the broader market fell by more than 10%, **HYPE** bucked the trend and rose by 6%, with Huang Licheng (Machi Big Brother) continuing to add to his long positions. | MSTR | ↓ Caution | Huge Financial Losses | Q4 Net Loss of $12.4 Billion, Bitcoin Holdings with Unrealized Losses Exceeding $4.6 Billion, Facing a Crisis of Confidence in the Secondary Market. | LIT | ↑ Positive | Whale Opens Long Position | A whale deposited 7 million USDC to long on**LIT** in Hyperliquid against the trend. | USDE | ↓ Caution | Regulatory Penalties | USDe faces compliance challenges due to the Brazilian ban, leading to a surge in protocol clearing volume. | TRIA | → Neutral | Binance Launch | Binance Alpha enables TRIA trading; airdrop threshold dynamically adjusts with market fluctuations. --- Recommendation: With the January non-farm payroll data postponed to February 11th, the market lacks macroeconomic support during this period, making it prone to repeated technical spikes. The $84,000 cost level for BTC spot ETFs has become a strong resistance zone; spot holders are advised to be wary of the risk of a second sell-off after a break below $60,000.
HYPE
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橙子的禁言群
Encrypted Breakfast | February 7th 1. Bitcoin plummeted 15.48%, hitting a low of $60,000, marking its largest single-day drop since the FTX crash. This was due to a combination of institutional selling pressure and macroeconomic risk aversion, with the root cause being institutional deleveraging, which led to the continued decline in Bitcoin prices. PS: Speculation that “the collapse of the IBIT hedge fund triggered a sharp drop in Bitcoin” continues to ferment, and partners of Dragonfly believe that the speculation is quite reasonable. 2. Over $2.5 billion in margin calls occurred across the internet, affecting 570,000 people, with long positions being the primary target. A market rally could only proceed after leverage was cleared out at 3:12 PM. 3. MicroStrategy reported a net loss of $12.4 billion in Q4 2025. The CEO stated that even if Bitcoin falls to $8,000, MicroStrategy will not collapse and will only buy more. 4. Vitalik sold 2,779 ETH (worth $6.22 million) in the past 3 days. 5. Bithumb mistakenly airdropped a large amount of Bitcoin to users, causing a short-term price drop on the platform. The world is a mess. 6. Tether makes a strategic investment of $150 million and integrates XAUT to explore the purchase of physical gold with stablecoins. 7. Pump.fun Acquired the cross-chain transaction terminal Vyper, and will gradually cease service starting February 10. 8. Binance SAFU Fund address has once again increased its holdings/transferred in 3,600 BTC (approximately US$233 million). 9. Hyperliquid ecosystem Perp DEX Trade.xyz: 24-hour trading volume reached a record high of $5.45 billion. 10. Glassnode: Bitcoin valuation has reached an all-time low, indicating that downside potential has been exhausted. [Bitcoin Market Analysis] The Bitcoin Fear Index has fallen to 6, and the current "extreme fear" sentiment is unprecedented. This round of decline was caused by institutional investors, so the abnormal decline has brought great panic to everyone. However, this panic also means that the market is close to the bottom. Bitcoin is currently finding support around $60,000 on the 4-hour chart, and has rebounded by about 20% in the past 24 hours. There are no ETF markets over the weekend, so the rebound is expected to continue. We'll know next week whether institutions have finished selling. If selling pressure decreases, market confidence will continue to recover. Bitcoin's revolution in the financial market will not end, and the trend is irreversible. The short-term decline is simply due to increased leverage. Originally, there were no great expectations for this year, but this rare drop has actually increased my confidence in this year's market. The market is not without bear markets, but this bear market has accelerated. [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.
XAUt
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