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In response to the statement made by the so-called "former Binance listing manager Chase" in an interview regarding "the short-term price of cryptocurrencies being influenced by liquidity, attention, and chip structure," He Yi stated, "Short-term prices are indeed greatly affected by liquidity, traffic, and token structure, but whether the hype can transcend cycles depends on factors such as revenue, empowerment, issuance, and destruction. For example, BTC, ETH, and BNB have all broken free from the constraints of the first three elements. The crypto industry has been financing through storytelling for many years; the narrative is dead, and practicality must prevail."

According to a report by Cointelegraph, a study by data provider Amberdata found that WLFI exhibited significant warning signs during a massive market liquidation on October 10, 2025. More than five hours before approximately $6.93 billion in leveraged positions were liquidated across the network, WLFI began to decline sharply, while the price of Bitcoin remained around $121,000, showing no obvious signs of pressure.The study suggests that due to many trading platforms supporting WLFI as collateral, the token's extreme volatility led to a decrease in collateral value, forcing traders to liquidate BTC and ETH to cover their positions, triggering a chain reaction across the entire market. Mike Marshall from Amberdata stated that this five-hour lead time is hard to consider a coincidence, as WLFI's high leverage characteristics make it more sensitive to market pressures.

According to official social media news, HTX DAO recently released its 2025 annual report.The report shows that the current total market capitalization of $HTX is approximately $1.74 billion, with over 870,000 holders by the end of 2025. In 2025, $HTX will burn a value of over $91 million, with the current cumulative burn amount close to 10% of the total supply.In terms of governance rights, HTX DAO launched HIP rules, the $HTX holding voting tool, and initiated the coin listing recommendation governance mechanism in 2025, achieving a breakthrough in decentralized governance from 0 to 1. In terms of revenue rights, $HTX is empowered through Huobi HTX's Launchpool product, enabling dual earnings from earning tokens and mining, distributing over 4.2 million USDT in token rewards and nearly 2.9 million USDT in mining rewards throughout the year. Additionally, HTX DAO held over 40 offline events throughout the year, covering several major cities globally, bringing it closer to community members around the world.HTX DAO stated, "Thank you to all community members, builders, and partners for your long-term support and participation. In 2026, HTX DAO will continue to focus on long-term value creation and promote further upgrades in ecology and governance capabilities."

The head of the investment team at Multicoin Capital, Vishal Kankani, released a response to the Aave Will Win framework, expressing support for the proposal put forth by Aave Labs.As a significant holder of AAVE, Multicoin Capital believes that redirecting 10% of Aave brand product revenue to the DAO is a strategic shift that will help propel Aave towards a clearer token economic model. The company stated that if executed properly, this proposal would not only be significant for Aave but also set an important precedent for the entire DeFi space.Multicoin Capital indicated that the proposal allocates approximately $25 million in stablecoins, along with 75,000 AAVE (valued at about $118 per AAVE, totaling around $9 million), as well as additional milestone rewards.In total, this means an economic exposure of over $40 million to $50 million, accounting for about 25% to 30% of the total funds. This represents a substantial portion of the Aave DAO's funding. Given the scale and pioneering nature of this funding request, we believe the proposal should provide more detailed financial and underwriting data to substantiate the scale of the request.

Bitget announces the launch of Agent Hub, further expanding the infrastructure capabilities for AI Agents to deeply participate in trading within the crypto and TradFi markets. Agent Hub is built on the Bitget API and introduces the officially packaged Model Context Protocol (MCP) toolkit, enabling AI Agents to securely access market data and execution capabilities through standardized interfaces. The platform provides MCP servers maintained by the exchange and supports quick access, allowing developers to complete integration in as little as three minutes, while also equipped with a dedicated sub-account system to enhance permission isolation and asset security.AI is one of Bitget's three core strategies for 2026, and Agent Hub will be embedded within the Bitget panoramic exchange UEX architecture, supporting cross-asset class operations under a unified account and risk system, transforming AI agents from experimental tools into true market participants, and providing production-grade infrastructure support for AI-driven trading.

According to Crypto Politan, the Dubai Financial Services Authority (DFSA) announced its updated regulatory framework for crypto tokens last year and released a Frequently Asked Questions (FAQ) document to assist businesses in understanding and implementing the new regulations.The new framework allows entities regulated by the DFSA within the Dubai International Financial Centre to choose the crypto tokens they wish to work with without requiring prior approval from the DFSA, and this update has been effective since 2026. The FAQ clarifies that the new regulations cover crypto tokens used for payment or investment purposes, excluding investment tokens such as NFTs, utility tokens, securities tokens, and stablecoins.Stablecoins are limited to use by asset managers for payments. Businesses offering crypto token-related products must comply with the token regime and related requirements, with token suitability assessment criteria including their characteristics, regulatory status in other jurisdictions, global market size and liquidity, relevant technology, and whether they may hinder compliance.

According to Jin Ten, Lawrence Werther, Chief Economist at Daiwa Capital Markets America, stated that the CPI report showing a slowdown in inflation for January and this week's better-than-expected employment data provide ample justification for the Federal Reserve to maintain interest rates at the March policy meeting. The year-on-year growth rates for overall and core inflation in January were 2.4% and 2.5%, respectively, reaching the minimum threshold for maintaining a patient policy. Additionally, core services inflation jumped 0.6% month-on-month, which may attract the attention of regional Federal Reserve presidents.

Digital asset platform Anchorage Digital, liquidity protocol Kamino from the Solana ecosystem, and Solana Labs announced a collaboration to launch a tri-party custody model, referred to as "pioneering," to help institutions stake SOL within a compliant custody framework. According to the introduction, this service allows institutions to achieve on-chain lending and liquidity acquisition without moving assets out of a regulated custody environment.Anchorage Digital will be responsible for collateral management and will put risk control and collateral management processes on-chain, while also expanding its Atlas collateral management system to integrate with Kamino and the Solana ecosystem.

According to Bloomberg, Coinbase's stock price rebounded the day after the release of its weak quarterly earnings report. Some bottom-fishing funds believe that the market has already fully priced in the negative factors, and the crypto market may be approaching a temporary bottom.The earnings report shows that the company's trading volume has weakened and trading revenue is under pressure, highlighting its performance's high sensitivity to fluctuations in digital asset prices and retail trading activity. Previously, affected by the overall weakening sentiment in the crypto market, Coinbase's stock price had fallen for several consecutive weeks and had significantly corrected before the earnings report was released. Market analysts believe that, with expectations having been downgraded and positions becoming more defensive, some investors chose to buy on dips, driving the stock price to stabilize and rebound in the short term.

According to market news, Japan's financial group SBI Holdings announced that its subsidiary plans to acquire a majority stake in the Singapore digital asset trading platform Coinhako, pending regulatory approval.The transaction includes providing investment capital and purchasing shares from existing shareholders. Coinhako holds a license from the Monetary Authority of Singapore and is regulated by the British Virgin Islands, having operated in the digital asset space for over a decade. The acquisition aims to integrate Coinhako's infrastructure with SBI's global financial network to develop a digital asset ecosystem in Asia. An SBI representative stated that this move aligns with its strategy to expand digital asset infrastructure and develop next-generation financial services.Coinhako CEO Yusho Liu stated that the company plans to enhance its infrastructure to meet the growing demand for tokenized assets and stablecoins, while Singapore will continue to serve as a key hub.

According to Jin Shi reports, Federated Investors Chief Market Strategist Phil Orlando stated that the U.S. January inflation report was better than expected, especially at the nominal level, which is good news for the Federal Reserve. He believes that as the leadership transitions from Powell to Waller, the Federal Reserve will cut interest rates three times within a year. Despite strong labor market data leading to a market decline, the inflation performance was better than expected, and the downward trend in inflation is expected to continue.

According to Jinshi reports, Pacific Investment Management Company economist Tiffany Wilding stated that the inflation report "looks quite encouraging on the surface," with two main positive developments. First, housing prices, which have been rising since the outbreak of the pandemic, are now indeed slowing down. Second, the impacts related to tariffs are gradually fading. As this trend dissipates, the Federal Reserve should be more willing to cut interest rates, and Wilding believes that it is reasonable to expect two more rate cuts this year.

Deribit Chief Commercial Officer Jean-David Péquignot stated at the Consensus HK conference that the long-term upward trend of Bitcoin has currently been disrupted, and it is difficult to repair the technical upward structure before the price reclaims $85,000.Recently, Bitcoin's price has mainly been operating in the range of $60,000 to $70,000, a decline of about 45% from last year's historical high, and it may record a fourth consecutive week of decline. If Bitcoin breaks through $85,000 again, it would mean that buyers have basically absorbed the supply that previously suppressed the market and regained market dominance. At this stage, traders generally view the range of $58,000 to $60,000 as the key ultimate support area for this adjustment cycle.

According to Arkham monitoring, the Bitcoin mining company American Bitcoin, supported by the Trump family, has surpassed a holding of 6,000 BTC, currently reaching 6,028 BTC, valued at approximately $403 million.

According to Kalshi CEO Tarek Mansour, the prediction trading platform Kalshi has entered the institutional sports risk hedging sector, partnering with brokerage firm Game Point Capital to help teams hedge performance bonus expenditures.It is reported that Game Point Capital issues hundreds of millions of dollars in sports insurance annually, primarily providing performance bonus insurance for teams and players. These policies can help sports clubs alleviate the financial pressure caused by large contract bonuses triggered by milestones such as qualifying for the playoffs or winning the championship.

According to official news, the Gate Research Institute has released the "Bingwu Year of the Horse Cryptocurrency Feng Shui Guide," which combines traditional Chinese zodiac elements and the current cryptocurrency market environment. It outlines the changes in fortunes for different zodiac signs during the Year of the Horse and analyzes the market trends and rhythms throughout the year. The report points out that the Year of the Horse will have a strong fire element, which may accelerate market rhythms, increase the frequency of capital rotation and narrative switching, and amplify volatility as a potential characteristic.The report also reviews the structural changes in the market during the Year of the Snake and provides layout ideas based on different risk preferences and asset classes, covering mainstream assets, on-chain tools, and stable income strategies. The overall research attempts to map the logic of cryptocurrency market structural evolution from a traditional cyclical perspective, offering multi-dimensional references for investors in making rhythm judgments and risk management in a high-volatility environment.

According to the Financial Times, Tether net purchased $28.2 billion in U.S. Treasury bonds in 2025, becoming the seventh largest foreign buyer, with its holdings surpassing those of countries like South Korea and Saudi Arabia, alongside Circle. U.S. Treasury Secretary Scott Bessent believes stablecoins are tools for promoting the dollar and absorbing U.S. debt, expecting the industry to grow from its current $300 billion to $3 trillion.Currently, the banking industry and the cryptocurrency sector are competing over stablecoin regulations. JPMorgan CEO Jamie Dimon and Coinbase CEO Brian Armstrong have disagreements on related terms. The banking sector is concerned that allowing third parties to pay interest on stablecoins will lead retail deposits to flow into stablecoins, thereby increasing financial risk. This standoff has caused divisions among Trump supporters, involving conflicts of interest between Wall Street banks and cryptocurrency industry donors.

Binance announces that it will support the conversion of MANTRA (OM) tokens, split pricing, and rename it to MANTRA (MANTRA). OM will be converted at a ratio of 1 OM = 4 MANTRA and will continue to use the new ticker MANTRA. Starting from February 23, OM-related contracts will stop opening new positions and will be automatically settled; from February 14 to 23, OM will be delisted from Cross / Isolated Margin and trigger automatic repayments and asset conversions;Starting from February 20, Buy & Sell Crypto will remove OM; on February 23, Binance Loans will close OM lending; from February 27, Simple Earn will redeem OM products and will allow re-subscription with MANTRA after March 4; on March 2, OM spot, Convert, Gift Card, and other scenarios will be fully delisted, and on March 4, new spot trading pairs for MANTRA will be launched, and OM withdrawals will be stopped.