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The TRON ecosystem's AI infrastructure AINFT has launched the AI Agent new infrastructure Bank of AI, which has now deeply integrated five core toolkits: x402 (payment standard), 8004 (on-chain identity protocol), MCP Server (standard interface for AI large models and blockchain services), Skills (AI Agent functional module library), and OpenClaw extension plugin (for one-click access to on-chain functions for AI Agents), creating a complete closed loop from development, identity authentication to automated payments.By integrating on-chain payments and trusted identities through code, the Bank of AI significantly lowers the development threshold for AI Agents, further accelerating the formation of an AI-driven Web 4.0 symbiotic economic network.

Bitfinex Alpha's latest report indicates that Bitcoin has experienced the deepest pullback in this cycle, with volatility narrowing and momentum weakening, showing that the market is shifting from a liquidation-driven decline to a more balanced consolidation environment.On-chain data shows that most of the recent drop has been absorbed by the demand zone of $60,000 to $69,000, with these near breakeven holders not accelerating their sell-off, which helps stabilize prices and form a sideways pattern.Institutional fund flows remain cautious, with a net outflow of approximately $166 million from Bitcoin ETFs in a single week, and Ethereum-related products also seeing continued redemptions, indicating that sustained accumulation has not yet returned. Although weekend inflows provided initial stabilization signals, overall liquidity remains low. The realized profit-loss ratio continues to shrink to historically defensive levels, indicating limited capital expansion within the network.Derivatives positions have returned to normal, with funding rates trending neutral to slightly negative, reducing liquidation risks but also limiting the acceleration of upward movements.

Bitfinex Alpha's latest report indicates that Bitcoin is still consolidating in the $66,000–$70,000 range after its decline, marking the deepest pullback in this cycle. The volatility has narrowed and momentum has weakened, showing that the market is shifting from a liquidation-driven downturn to a more balanced consolidation environment.On-chain data shows that most of the recent decline has been absorbed by the demand zone between $60,000 and $69,000. These near breakeven holders have not accelerated their selling, which helps stabilize prices and form a sideways pattern. Additionally, institutional capital flows remain cautious, with Bitcoin ETFs experiencing a net outflow of approximately $166 million in a single week, and Ethereum-related products also seeing continued redemptions, indicating that sustained accumulation has not yet returned.Although weekend inflows provided initial stability signals, overall liquidity remains low. The realized profit-loss ratio continues to shrink to historically defensive levels, indicating limited capital expansion within the network. Derivatives positions have returned to normal, with funding rates trending neutral to slightly negative, which reduces liquidation risk but also limits the acceleration of upward movements.

Cryptanalysis expert Murphy stated that BTC is currently fluctuating around $65,000, a position close to the range of the 10y_RP indicator. This indicator, after excluding the impact of most lost BTC costs, is considered a more accurate reflection of the "historical average turnover cost." This range may serve as an important psychological and cost defense line for bulls. A significant drop below this level could indicate that the current downward trend is likely to continue on a deeper bearish path.

On-chain analysis company CryptoQuant indicates that the "ultimate" bottom of the Bitcoin bear market is currently around $55,000, and the formation of a bear market bottom typically takes several months rather than being completed by a single capitulation event. CryptoQuant states that the realized price of Bitcoin has historically been a major support area during bear markets and is likely to represent the final bear market bottom. Currently, the trading price of Bitcoin is still over 25% higher than this level.The company notes that in past bear markets, prices fell below the realized price by 24% after the FTX collapse, and in the 2018 cycle, it dropped by 30%. After reaching these levels, Bitcoin usually requires four to six months to build a bottom. CryptoQuant believes another sign that Bitcoin has not yet reached a structural bottom is the significant single-day realized losses. Data shows that when the Bitcoin price dropped 14% to $62,000, holders recorded an average realized loss of $5.4 billion in a single day, the highest daily loss since March 2023, surpassing the $4.3 billion recorded a few days after the FTX collapse in November 2022.Despite the massive scale of losses, CryptoQuant states that the price bottom has not yet arrived. The monthly cumulative realized losses measured in Bitcoin are still far below the levels corresponding to bear market bottoms, currently at 300,000 BTC, compared to 1.1 million BTC at the end of the bear market in 2022, the report notes. Several key valuation metrics also remain above historical panic sell-off regions. CryptoQuant claims that the MVRV ratio (the ratio of Bitcoin's market value to its realized value) has not yet entered the extremely undervalued range that historically marks bear market bottoms. Similarly, the NUPL metric has not reached the unrealized loss level of about 20% seen in past cycle lows.The behavior of long-term holders has also not reflected complete panic selling. CryptoQuant points out that long-term holders are currently selling at prices close to breakeven, whereas during past bear market bottoms, they endured losses of 30%-40%. Additionally, about 55% of the Bitcoin supply is still in profit, while cycle lows typically fall within the range of 45%-50%. CryptoQuant further states that its bull-bear cycle indicator is currently still in the "bear market phase," rather than the "extreme bear market phase"—the latter historically marks the point at which prices begin to enter a bottoming phase. The company notes that this extreme phase typically lasts for several months, indicating that the formation of a bear market bottom requires time.

According to official news, the globally leading crypto asset trading platform Gate held a high-end industry exchange event during Consensus HK, continuously strengthening its role as a connector and its industry influence in the global Web3 ecosystem.Dr. Han, the founder and CEO of Gate, delivered a keynote speech on the main stage of the conference, sharing Gate's practical experiences in globalization, compliance, and Web3 infrastructure. This speech highlighted Gate's position as an industry link, demonstrating that Gate is promoting cooperation and implementation in the global Web3 ecosystem with a more open attitude. During the three days of Consensus HK, Gate also organized multiple exchange activities around core topics such as investment, technology, and institutional collaboration, facilitating deep cooperation among different circles and ecological roles.On February 10, Gate Ventures hosted the dinner "Gate Ventures Executive Dinner: The Convergence," gathering several industry leaders to discuss the global value chain. On February 11, Gate held a reception for a broader range of industry participants, focusing on cutting-edge topics such as AI, Web3, and RWA, sparking collisions and interactions of diverse viewpoints. On February 12, Gate held "Gate Institutional Circle: CrossEx · Next-Gen Cross-Exchange Trading Infrastructure," featuring thematic sharing, roundtable discussions, a dinner, and an awards ceremony to engage in deeper industry dialogue.By concentrating its layout at this important industry node of Consensus HK, Gate plays a key role in connecting capital, technology, and application ecosystems, further consolidating its participation and influence in the global Web3 ecosystem.

According to Jinshi News, despite signs of resilience in the U.S. labor market suggesting that the Federal Reserve may remain on hold for a long time, the dollar continues to weaken. Corpay strategist Karl Schamotta stated that this indicates a deeply entrenched bearish sentiment and serves as a warning to those who expect the strong U.S. fundamentals, including themselves, to provide support. Measured by historical standards, the dollar's decline so far remains moderate, and if market sentiment does not change, there is still room for further downside.

The panoramic exchange Bitget announced a comprehensive upgrade to its mobile App. It places cryptocurrency (Crypto) alongside traditional finance (TradFi) markets on the homepage, aiming to enhance the cross-asset trading experience. In the new interface, users can easily access crypto products such as contracts, spot trading, on-chain trading, leveraged trading, and wealth management through the trading tab. Additionally, a dedicated TradFi entry has been added, allowing users to access stock perpetual contracts, forex, gold, and RWA tokens with one click using USDT, reducing the overall operational path by about 30% compared to conventional industry processes.Bitget pointed out that the current global annual trading volume of stocks is approximately $100 trillion to $130 trillion, and it is expected to increase to $160 trillion to $200 trillion by 2030. As the circulation of tokenized assets accelerates, exchanges may undertake about 20% to 40% of the related trading volume. Bitget's UEX (Universal Exchange) strategic goal is to become a core liquidity and distribution hub, aiming to handle about 40% of the tokenized stock trading volume by 2030.Bitget CEO Gracy Chen stated that as the regulatory environment matures and the trend of institutional assets moving on-chain strengthens, crypto technology is gradually evolving into the settlement infrastructure for everyday finance. This product experience reconstruction aims to align with this asset migration trend. The upgraded App has been launched globally.

During Consensus HK, Gate hosted a high-end networking reception and invited over a thousand industry guests to participate. Gate's founder and CEO Dr. Han stated in the keynote speech "What's the Next Big Thing in Crypto" that the acceleration of RWA and TradFi assets onto the blockchain is driving the integration of traditional finance and the crypto system from conceptual fusion to large-scale implementation, with multi-asset collaboration becoming an important engine for the next phase of industry expansion.In line with this trend, Gate continues to enhance its TradFi product offerings, covering various asset classes such as stocks, metals, forex, indices, and commodities. It supports trading of popular assets like gold, silver, Tesla, Nvidia, and Apple, with leverage up to 500 times, and has launched an industry-first adjustable leverage mechanism for gold, enhancing the flexibility of asset allocation.Data shows that Gate's total TradFi trading volume has surpassed $33 billion, with a single-day peak trading volume exceeding $6 billion, demonstrating the platform's significant advantages in multi-asset trading structure and liquidity integration. This also provides a verifiable scale sample for crypto trading platforms to accommodate traditional financial assets, further driving the industry towards a multi-asset and integrated direction.

Data shows that Bitcoin has fallen below the 200-week moving average (EMA) and may have entered a deep bear market phase.Nick Ruck, Director of VRG Research, stated that the decline in Bitcoin occurred against a backdrop of heightened risk-averse sentiment, driven by weak signals from the U.S. labor market, including an increase in unemployment claims, raising doubts about the economy's continued strength and the Federal Reserve's cautious stance on aggressive rate cuts. Jeff Ko, Chief Analyst at CoinEx Research, pointed out that Bitcoin's over 20% pullback within a week coincided with a sell-off in U.S. tech stocks, as investors reassess Bitcoin's failure to act as a safe haven compared to gold. Overall, market sentiment has significantly weakened in the short term, but institutions and long-term investors are still observing how changes in the macroeconomic and liquidity environment affect crypto assets.

According to Cointelegraph, data shows that Bitcoin has fallen below the 200-week moving average (EMA) and may have entered a deep bear market phase.Nick Ruck, director of VRG Research, stated that the decline in Bitcoin occurred against a backdrop of heightened risk-averse sentiment, driven by weak signals from the U.S. labor market, including an increase in unemployment claims, raising doubts about the economy's continued strength and the Federal Reserve's cautious stance on aggressive rate cuts.Jeff Ko, chief analyst at CoinEx Research, pointed out that Bitcoin's over 20% pullback within a week coincided with a sell-off in U.S. tech stocks, as investors reassess Bitcoin's failure to serve as a safe haven compared to gold.Overall, market sentiment has significantly weakened in the short term, but institutions and long-term investors are still observing the impact of macro and liquidity environment changes on crypto assets.

According to The Block, research institution K33 analysis points out that despite Bitcoin's decline of about 40% from last year's peak, raising concerns about a repeat of the past four-year cycle downturn, several structural factors make it unlikely for the market to experience a deep bear market similar to the 80% declines seen in 2018 or 2022.The report believes that the key difference in the current environment compared to previous cycles is the increased institutional adoption, continuous inflows into regulated products (such as spot ETFs), and a loose interest rate environment. More importantly, there has not been a forced deleveraging event that triggered a systemic market collapse like GBTC, Luna, or FTX.On the technical side, analysts view approximately $74,000 as the current key support level. If this level is breached, the downside risk may intensify, with targets potentially pointing to $69,000 or even $58,000 (near the 200-week moving average). Meanwhile, some common bottoming signals are beginning to emerge: Bitcoin recorded a high spot trading volume of over $8 billion on February 2, while the derivatives market's open interest and funding rates have also entered extreme negative territory. These signals, combined with prices still above support levels, may indicate that the market is attempting to form a bottom.

According to official news, Coinbase has included DeepBook (DEEP) and Walrus (WAL) in its listing roadmap.

CryptoQuant CEO Ki Young Ju posted on the X platform that the current decline in Bitcoin is mainly due to ongoing selling pressure and a lack of new capital. He pointed out that the Realized Cap has recently flattened, indicating that there has been no significant new capital entering the market. In this environment, if the total market cap declines, it typically does not belong to a bull market structure.Ki Young Ju further stated that due to the influence of ETF funds and continuous buying by Strategy, early holders still have significant unrealized profits and have gradually been realizing profits since early last year. Previously, strong capital inflows had supported Bitcoin around the $100,000 mark, but the related incremental capital has clearly weakened now. He believes that Strategy was one of the important driving forces behind this round of price increase, and if Michael Saylor had not significantly reduced his holdings, the market might struggle to replicate the approximately 70% level of deep retracement seen in previous cycles. Overall, the current selling pressure is still ongoing, the market bottom has not yet been clearly defined, but this round of the bear market is more likely to present a wide range of oscillation patterns.

The Hurun Research Institute today released the "2026 Hurun Quality Life Report for High Net Worth Individuals in China," which states: "The commonly used information platforms are Xiaohongshu and Douyin, the commonly used AIs are DeepSeek and Doubao, and the most followed financial bloggers are Wu Xiaobo Channel, Xiao Lin Says, and Ren Zeping."61% of the surveyed high net worth individuals frequently use Xiaohongshu for information, which is 13 percentage points higher than Douyin. 32% of high net worth individuals frequently watch WeChat Video Accounts, and 24% frequently watch Bilibili. The enthusiasm for Eastmoney and Zhihu exceeds 20%, while Tonghuashun and Wind Info receive 14% enthusiasm.By age group, over 70% of U25 individuals use Xiaohongshu and Douyin as their most common information platforms, while U40 and those over 45 prefer to use Video Accounts. The audience for professional investment software like Eastmoney, Wind Info, and Tonghuashun is mainly U35 and U40.The top three financial bloggers that high net worth individuals most frequently follow are Wu Xiaobo Channel (38%), Xiao Lin Says (23%), and Ren Zeping (17%).The most commonly used AI assistants among the surveyed high net worth individuals are DeepSeek and Doubao. By age group, U25 most frequently uses ChatGPT, while U30, U35, U40, and U45 predominantly use DeepSeek, and respondents over 45 most frequently use Doubao.

The Shanghai headquarters of the People's Bank of China held a press conference for the first quarter of 2026, introducing the financial operation situation of Shanghai in 2025 and answering questions from reporters. Zhou Peng, deputy director of the Monetary Credit Research Department of the Shanghai headquarters, stated that the People's Bank of China has made a series of new progress in promoting the construction of Shanghai as an international financial center and has implemented the refinancing policy for blockchain letters of credit in the shipping trade zone.The international operation center for digital renminbi has officially started operations in Shanghai, and the pilot program for the multilateral central bank digital currency bridge is also being advanced. Efforts are being made to enable the function of using bank cards and digital renminbi hard wallets to pass through the gates across the entire Shanghai metro system, fully supporting the preparation and operation of the International Monetary Fund (IMF) Shanghai center.

According to market data, affected by the market downturn, the "10.11 Insider Whale" account's total floating loss has expanded to 103 million USD, and its position size has shrunk to 680 million USD. The current funding rate settlement has accumulated an additional 8.8 million USD loss, completely erasing the profits previously gained from shorting during the "10.11" crash. The current position information is as follows:5x ETH Long: Position size 584 million USD, average price 3149 USD, floating loss 87 million USD (-74%), liquidation price 2291 USD;10x SOL Long: Position size 58.95 million USD, average price 130 USD, floating loss 7.65 million USD (-130%);5x BTC Long: Position size 47.2 million USD, average price 91,500 USD, floating loss 5.19 million USD (-55%);In addition, this whale's on-chain address (0xcA0) has been rolling over positions to go long on ETH spot on the AAVE platform, accumulating a total of 148,000 ETH, with a total value of up to 433 million USD. The current loss is approximately 34.6 million USD, with an average price around 3050 USD, and the on-chain cycle of going long has resulted in a liquidation price in the range of 2300 to 2450 USD.The "10.11 Insider Whale" is an OG address that held over 50,000 BTC and had been dormant for 8 years, later gradually exchanging some BTC for ETH. Its operations have repeatedly aligned closely with Trump's statements and U.S. policy trends, positioning a 500 million USD BTC short just hours before the "10.11" crash, making nearly 100 million USD in profit and attracting market attention. BitForex CEO Garrett Jin has stated that this address is associated with some of its clients.

According to the latest in-depth report by ChainCatcher, as Chinese memes evolve from scattered emotional memes into a complete trading cycle within a segmented market, Gate is becoming one of the key platforms with the earliest and most concentrated liquidity and speculation in this round of Chinese meme trends, thanks to its systematic product layout.The report points out that Gate connects the complete path of memes from launch, trading to long-short speculation through its product matrix, including Gate Fun, Gate Alpha, spot, contracts, and ETFs, allowing efficient price discovery and liquidity amplification on the same platform. Among them, Gate Alpha, as a high-frequency on-chain asset entry, stands out for its coverage density and launch rhythm for Chinese memes. Several leading Chinese memes (such as "I'm Coming" and "Crying Horse") achieved several-fold increases after launching on Alpha, with some tokens at one point accounting for over 20% of the total market trading volume on Gate, highlighting its liquidity support capability during critical windows.ChainCatcher believes that Gate's advantage lies not merely in "rushing to list tokens" but in the continuous validation of its systemic capabilities. Faster response times, a more complete product matrix, and the ability to accommodate liquidity and trading demands at different stages enable Gate to occupy a key position in the market and gradually form a sustainable operational infrastructure closed loop.