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According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 9, up 1 point from yesterday. The average over the past 7 days is 9, and the average over the past 30 days is 14.

According to official news, Tether announced that it will cease the issuance of the offshore Chinese yuan stablecoin CNHT from today and will stop supporting the redemption of CNHT one year after the announcement is made.Tether stated that consumer interest in the product is low, the community demand for CNHT is limited, and its usage level is insufficient to support the operational support required by the standards adopted by all products under Tether.

According to Jinshi, Federal Reserve official Logan stated that he is cautiously optimistic about the economy returning to the inflation target trajectory.

According to Coinmarketcap data, the performance of the top 100 cryptocurrencies by market capitalization is as follows, with the top five gainers: Kite (KITE) up 18.83%, current price $0.2764; LayerZero (ZRO) up 14.35%, current price $1.6; Morpho (MORPHO) up 14.34%, current price $1.56; Render (RENDER) up 8.39%, current price $1.49; Decred (DCR) up 7.4%, current price $23.84.The top five losers: Pi (PI) down 4.94%, current price $0.1732; Aave (AAVE) down 4.79%, current price $116.42; Chiliz (CHZ) down 3.59%, current price $0.03654; Dash (DASH) down 3.3%, current price $33.31; Arbitrum (ARB) down 2.89%, current price $0.09582.

According to market news, the U.S. Department of Justice has issued a statement indicating that three Silicon Valley engineers, including Samaneh Ghandali, have been charged with stealing sensitive mobile processor and encryption file secrets from Google and two other companies.According to the indictment, while employed at Google, Samaneh Ghandali allegedly transferred hundreds of files to a third-party communication platform. These stolen materials involved processor security and encryption technology, which were subsequently copied to personal devices and office equipment of other companies where the defendants were employed. Prosecutors allege that the defendants attempted to cover up their actions by deleting files, destroying electronic records, and submitting false affidavits to the victim companies. Currently, all three defendants are charged with conspiracy, theft of trade secrets, and obstruction of justice, with the obstruction of justice charge carrying a maximum sentence of 20 years in prison.

The on-chain data analysis platform glassnode stated on platform X that since the beginning of February, every attempt by Bitcoin to reclaim the $70,000 mark has encountered demand exhaustion, leading to subsequent declines. Data shows that even a net realized profit outflow of just over $5 million per hour is enough to trigger a price pullback. In contrast, during the euphoric phase of the market in the third quarter of 2025, the scale of profit-taking surged to between $200 million and $350 million per hour, yet the price was still able to maintain an upward trend, indicating that the buying support at that time was significantly stronger.Glassnode pointed out that the current market is in a structurally thin liquidity environment, making it a significant challenge for Bitcoin to sustainably reclaim the $70,000 to $80,000 range, and the rebound process may be more tortuous.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 8, up 0 points from yesterday. The average over the past 7 days is 9, and the average over the past 30 days is 14.

The founder of Slow Fog, Yu Xian, reposted a security reminder. Currently, the ClawHub market of OpenClaw has discovered 1,184 malicious skills that can steal SSH keys, encrypted wallets, browser passwords, and open reverse shells. A single attacker has uploaded 677 packages. The top-ranked skill has 9 vulnerabilities and has been downloaded thousands of times.Yu Xian reminds users that text is no longer just text, but instructions. It is recommended to use AI tools in isolated environments, as many OpenClaw skills pose potential risks. Furthermore, Web3 security smart contracts are only part of the issue; the real causes of incidents are far beyond just contracts. A few days ago, Moonwell was hacked for $1.78 million, with the faulty code coming from Co-Authored-By: Claude Opus 4.6.

According to GlobeNewswire, Nasdaq-listed company Robinhood released its operational data for January 2026, revealing that users, assets, and trading volume continue to grow steadily.As of the end of January, the platform's total assets amounted to $324 billion, a month-over-month increase of 1% and a year-over-year increase of 59%; nominal stock trading volume reached $227.3 billion, a month-over-month increase of 21% and a year-over-year increase of 57%; cryptocurrency trading volume reached $22.9 billion, a month-over-month increase of 8% and a year-over-year increase of 12%, with Robinhood App trading volume at $8.7 billion and Bitstamp trading volume at $14.2 billion; event contract trading volume was 30 million contracts, a month-over-month increase of 17%.Robinhood also disclosed that as of February 17, it had repurchased approximately 2.1 million shares of Class A common stock this quarter, totaling about $173 million, which is more than double the number of shares repurchased in the fourth quarter of 2025.

According to the official website of the U.S. Department of Justice, the United States Attorney's Office for the Eastern District of Texas announced that a Chinese national, Fei Liao, has been sentenced to federal prison for participating in the laundering of funds obtained from a cryptocurrency investment scam. He pleaded guilty to conspiracy to commit money laundering and was sentenced to 40 months in prison by U.S. District Judge J. Campbell Barker in 2026.Liao was also ordered to forfeit over $2.3 million in seized funds and to pay more than $2.8 million in restitution to victims. The case was announced by U.S. Attorney Jay R. Combs for the Eastern District of Texas and was investigated by the Tyler branch of the United States Secret Service, with federal prosecutor Robert Austin Wells handling the prosecution. Court documents show that Liao assisted in laundering funds from "Pig Butchering" and other cryptocurrency investment scams by setting up shell companies and bank accounts with others.Such scams typically contact victims through social media, dating platforms, or unsolicited phone calls, establishing a trust relationship before inducing them to invest in cryptocurrency. After victims transfer funds to accounts controlled by the scammers, the fraudulent platform displays high returns, encouraging further investment, ultimately leading to victims being unable to withdraw funds and suffering significant losses.Law enforcement agencies remind individuals that if they encounter similar scams, they can report them to the Internet Crime Complaint Center (IC3) and provide as much information as possible, including the name of the investment platform, cryptocurrency addresses, transaction hashes, bank account information, and contact details of the suspects, while also retaining communications and transfer records with the scammers.

According to crypto journalist Eleanor Terrett, this morning's third meeting on the "Cryptocurrency Market Structure Bill" (the CLARITY Act) regarding stablecoin yields was smaller than last week's, with representatives from Coinbase, Ripple, a16z, and the Crypto Industry Association in attendance, but no bank representatives present individually; the banking industry's voice was conveyed through the industry association.The situation at this meeting was notably different: the White House led the discussion, rather than allowing cryptocurrency companies and banks to dominate the conversation as in previous meetings. Patrick Witt, the Executive Director of the White House Cryptocurrency Committee, brought a draft text that became the focal point of the discussion.The text acknowledged the concerns raised by banks last week in the "Prohibition of Yields and Interest Principles" document, while clearly stating that a key goal of stablecoin-related legislation is to prohibit earning yields on idle stablecoin balances. The debate has narrowed down to whether crypto companies can offer stablecoin rewards tied to specific activities, with banks' concerns seeming to stem more from competitive pressure than the initially perceived worry about deposit outflows.Sources from the banking sector indicated that they are still working to include a study on deposit outflows in the draft—this study would examine the growth of payment stablecoins and their potential impact on bank deposits. Additionally, the banking industry is encouraged by the proposed anti-tax avoidance provisions, which would empower the SEC, the Treasury, and the CFTC to enforce the ban on paying yields on idle balances, imposing a civil penalty of $500,000 per day for each violation.Sources stated that discussions could be finalized by the end of the month, with negotiations continuing in the coming days.

Matrixport released a research report on platform X, which pointed out that Bitcoin recently experienced a rapid decline, with implied volatility in options soaring at one point and then partially retreating. The price of Bitcoin dropped from around $85,000 to a low near $60,000, before stabilizing around $66,000.Meanwhile, the implied volatility for March 2026 quickly surged from just over 40% to a panic high close to 65%, reflecting a strong demand for downside protection during the decline. Subsequently, implied volatility fell back to around 50%, indicating that some tail risk hedges are being unwound, and short-term pressure has eased. The crypto market is approaching a critical turning point: volatility remains high, sentiment lingers at extremely low levels, and market liquidity continues to flow out. Traders are gradually unwinding their crash hedges, resulting in a noticeable reduction in overall positions and a significant decline in participation.Historically, such combinations often appear before the initiation of significant directional trends. The macro environment is showing signs of improvement, but the prices of crypto assets have not followed suit significantly, and this divergence is typically difficult to sustain in the long term.

Binance founder Changpeng Zhao stated that cryptocurrencies never needed a bailout and will never need one.On February 19, Senator Elizabeth Warren, a senior member of the Senate Banking Committee, wrote to Treasury Secretary Scott Basset and Federal Reserve Chairman Jerome Powell, urging the government not to use taxpayer funds to bail out the cryptocurrency industry. In her letter, Warren warned that any form of bailout would mean "transferring wealth from American taxpayers to cryptocurrency billionaires," which is not only "extremely unpopular" but could also directly benefit President Trump and his family's cryptocurrency project, World Liberty Financial.

According to The Block, the White House held a third closed-door meeting on Thursday, inviting representatives from the crypto industry to discuss the stablecoin reward mechanism with banking groups. The meeting lasted for several hours and was described by attendees as a "constructive dialogue," but no final compromise has been reached.Ji Hun Kim, CEO of the Crypto Council for Innovation, stated that the meeting advanced the framework building based on previous discussions, aiming to enhance U.S. competitiveness while protecting consumers. Coinbase's Chief Legal Officer Paul Grewal also described the discussions as "cooperative in tone and constructive," suggesting that negotiations will continue.The stablecoin holding reward mechanism is a key point of contention in the current crypto market structure legislation. Sources revealed that the White House proposed some principled plans allowing companies to offer rewards based on specific activities or account balances, but the banking sector remains cautious. It is still uncertain whether a next round of meetings will be held. Attending organizations included Ripple, the Blockchain Association, the Crypto Council for Innovation, and several major banking associations.

According to market news, New York-based crypto investment firm DBA has raised $68 million for its second venture capital fund.Previously, the company raised $50 million for its first fund in 2023. DBA was co-founded by former Galaxy Digital co-head of investments Michael Jordan and well-known Ethereum commentator Jon Charbonneau, and has invested in protocols such as DoubleZero and Monad, stablecoin application Payy, ICO financing platform MetaDAO, and Bitcoin scaling solutions.

According to Jinshi, U.S. Democratic Senator Warren urged Federal Reserve Chairman Powell to firmly reject providing cryptocurrency bailouts.

According to market news, the Chicago Mercantile Exchange Group (CME Group) will launch around-the-clock cryptocurrency futures and options trading on May 29.

The on-chain data analysis platform glassnode stated on platform X that since the beginning of February, every attempt by Bitcoin to regain the $70,000 mark has encountered demand exhaustion, leading to subsequent declines.Data shows that even a net realized profit outflow of just over $5 million per hour is enough to trigger a price pullback. In contrast, during the euphoric phase of the market in the third quarter of 2025, the scale of profit-taking surged to between $200 million and $350 million per hour, yet the price was still able to maintain an upward trend, indicating that the buying support at that time was significantly stronger. Glassnode pointed out that the current market is in a structurally thin liquidity environment, making it a considerable challenge for Bitcoin to sustainably recover the $70,000 to $80,000 range, and the rebound process may be more convoluted.