rsi

Musk stated that a vulnerability was discovered that needs to be fixed, so the release of the new version of "X" will likely be delayed until this weekend.Previously, Musk announced that the app could be updated to use the "For You" recommendation feature.

The on-chain derivatives protocol MYX has announced the completion of a strategic financing round led by Consensys, with participation from Consensys Mesh and Systemic Ventures. Following this round of financing, Consensys officially becomes MYX's largest investor, and the funds will be used to support the release of MYX V2 and the deployment of a modular derivatives settlement engine.MYX V2 marks the platform's transition from a vertically integrated DApp to a modular settlement layer, allowing other products and platforms to build on top of it. This design aims to prevent the fragmentation of derivatives liquidity across chains and promote the industry's evolution from isolated DEXs to shared clearing and settlement primitives. At the protocol level, MYX V2 integrates account abstraction based on EIP-4337 and EIP-7702, combined with Chainlink's latest permissionless oracle stack, to address long-standing pain points such as slow onboarding of long-tail assets, low capital utilization efficiency, and complex trading processes.

Gray's Chief Legal Officer Craig Salm stated at the Consensus Hong Kong conference:"If you have a business need to make large payments to vendors but don't want other companies or competitors to see this, which could expose your business information, you would want this transaction to remain private.Paying with Bitcoin doesn't necessarily achieve this because the blockchain is transparent. We've all seen accounts specifically tracking on-chain transactions on platform X. So you can imagine scenarios where this demand exists.And privacy-preserving tokens like Zcash are interesting because of 'selective disclosure'; you can choose to disclose information to a specific party, such as proving to the IRS that you have paid your taxes correctly, while maintaining privacy in everyday business or personal transactions.So, we think this is a very interesting currency. We already have a substantial Zcash trust, and we are working on converting it into an ETF, just like we have done for several other products."

According to Cointelegraph, the Dutch House of Representatives passed a legislative proposal on February 13, aiming to impose a 36% capital gains tax on savings and most liquid investments, including cryptocurrencies. The proposal was approved with 93 votes, surpassing the 75-vote threshold required for passage.Under the proposal, earnings from savings accounts, cryptocurrencies, most equity investments, and interest-bearing financial instruments will be taxable, regardless of whether the assets are sold. Certain assets, such as startup equity and non-investment physical assets, may be exempt. The proposal must be approved by the Dutch Senate before it can take effect, and if passed, it will be officially implemented in the 2028 tax year. Opponents argue that the bill will encourage capital to flow to jurisdictions with more favorable tax policies.Investor calculations show that an investor who contributes 1,000 euros per month for 40 years will see their final earnings drop from 3.32 million euros to 1.885 million euros under a 36% tax rate, resulting in a difference of 1.435 million euros.

The Ethereum Foundation announced that the Chinese version of the official Ethereum website for institutions has been launched, facilitating global builders and institutional leaders to participate more easily in the Ethereum ecosystem. Users can search for institutional use cases, on-chain data analysis, and community research results on the website.

Bitget Academy's public welfare project "Blockchain4Youth" participated in the Hong Kong University of Science and Technology's "AI & Web3 Builders" event. CEO Gracy Chen and Chinese lead Xie Jiayin were invited to attend the public lecture, sharing industry trends and personal growth experiences on-site.During the lecture, Gracy analyzed the structural changes in the new round of industry cycles, focusing on the gradual dominance of institutional funds, the large-scale development of RWA, and the reshaping of decision-making logic by AI. Xie Jiayin, drawing from his own professional experience, shared insights on career choices and growth paths in the crypto industry. He encouraged young people to build a reusable skill set from a long-term perspective, maintaining patience and a continuous learning ability in uncertain market cycles.Previously, Bitget Academy announced that it would invest $10 million in the "Blockchain4Youth" public welfare project over the next five years to support youth learning, practice, and long-term development in the fields of AI and Web3. Bitget Academy hopes to deepen communication and understanding through this public lecture, bringing discussions of technology and trends back to personal growth and long-term value.

According to Cointelegraph, Elon Musk announced that the external beta version of X Money will be launched in the next 1-2 months, aiming to become the central platform for all currency transactions.

According to Jin Ten, Federal Reserve's Schmid stated that further rate cuts may lead to persistent inflation.

According to Jinshi, Federal Reserve official Logan stated that he is more concerned about inflation stubbornly remaining high.

According to Bitcoin Magazine, Harvard University's Bitcoin ETF holdings exceed the market value of its parent company Alphabet's shares.

According to Bitcoin Magazine, the Bitcoin ETF assets held by Harvard University have surpassed the value of its Google stock assets.

Wintermute stated that Bitcoin briefly fell to $60,000 last Monday, erasing all gains since Trump's election. Spot fund flows show significant structural pressure. The Coinbase premium has consistently been in a discount state throughout the market process, persisting since last December, indicating ongoing selling pressure from the U.S.Internal OTC fund flow data also confirms that U.S. counterparties were the main sellers throughout the week, and this trend has been further amplified by continuous ETF fund redemptions. Over the past few months, AI-related assets have been continuously absorbing available market funds, crowding out the allocation space for other asset classes. The phenomenon where crypto assets underperform when AI-related companies rise and experience amplified declines when they fall can almost entirely be explained by the rotation of funds towards the AI sector.For crypto assets to outperform again, AI trading needs to cool down first. Microsoft's weak earnings report has initiated this process, but it is still far from enough. Last week's market was like a "surrender-style" clearing, with volatility soaring and buying support emerging at $60,000. In an environment where spot trading remains relatively low, leverage has become the dominant factor in price fluctuations.If open interest cannot significantly rebound, it will be difficult for the market to form sustained follow-through on either the long or short side. A true structural recovery requires a return of spot demand, but there is currently almost no evidence of this. We are likely entering a phase of high volatility and choppy price discovery. It will be hard to see sustained upward potential until the Coinbase premium turns positive, ETF fund flows reverse, and basis rates stabilize. Meanwhile, retail attention is being diverted to other asset classes, and market direction seems increasingly dominated by institutional fund flows from ETFs and derivatives channels.

Crypto.com co-founder and CEO Kris Marszalek tweeted that the team will launch the official product to registered users of ai.com within 48 hours. Due to the large number of users in the queue, the team will adopt a phased rollout strategy to ensure that the infrastructure can handle it.

Recently, the TRON developer community officially released the mainnet GreatVoyage-v4.8.1 (Democritus) version. This upgrade is mandatory, and developers must complete the update by March 9, 2026, 23:59 (Singapore time) to ensure normal network synchronization and operation.The Democritus version focuses on introducing ARM64 architecture and JDK 17 support, significantly expanding the node deployment environment. At the same time, adjustments have been made to the SELFDESTRUCT instruction in TVM, fully aligning with the Ethereum EIP-6780 standard, further enhancing cross-ecosystem compatibility. On the network level, the version greatly improves network stability and security through P2P message throttling, synchronization logic, and error code optimization. In addition, the event service, API capabilities, and configuration governance mechanisms have also undergone systematic upgrades, continuously improving the developer experience.This upgrade reflects TRON's ongoing evolution in performance, governance, and ecosystem compatibility.

Binance confirmed on the X platform that it has completed the purchase of 3,600 bitcoins for the SAFU fund, worth $250 million in stablecoins. Currently, the Binance SAFU Bitcoin address holds a total of 6,230 BTC. Binance will continue to increase its Bitcoin holdings for the SAFU fund, aiming to complete the asset conversion within 30 days after the original announcement. Relevant progress will be communicated to the community in a timely manner.

Bitcoin has just recorded its largest weekly decline since the FTX collapse at the end of 2022, and the weekly RSI has risen to (or touched) levels above the pressure point following the FTX event. It is important to note that an RSI bottom does not necessarily mean that prices will bottom out simultaneously, but it does indicate that the current market is in a severely oversold condition.

According to Cointelegraph, the prediction market platform Kalshi announced the establishment of an independent advisory board and partnerships to enhance platform regulation and prevent insider trading and market manipulation. This initiative was announced three days before the Super Bowl in the United States, and the platform has already attracted over $168 million in Super Bowl-related bets.Kalshi stated that the committee will provide quarterly reports to the company's external legal advisors and publish statistics on investigations of suspicious activities. At the same time, Kalshi is collaborating with the cryptocurrency trading monitoring platform Solidus Labs and Daniel Taylor, the director of the Wharton School's forensic analysis lab, to "detect, investigate, and address market abuse."

According to TheBlock, Bernstein's analyst team stated in a report to clients that Robinhood (NASDAQ: HOOD) stock price has fallen over 20% year-to-date, down about 40% from its peak of $89.91. This decline is partly attributed to the overall slump in the cryptocurrency market, which currently accounts for about 21% of the company's total revenue.The analysts outlined three bearish scenarios:Assuming Bitcoin price drops to around $60,000 and remains sluggish for the next couple of years, the expected earnings per share in 2027 would be about $3.10, with a potential stock price range of $46 to $61.Assuming Bitcoin price drops to $60,000 but rebounds in the second half of 2026. The expected earnings per share in 2027 would be about $3.50, with a potential stock price range of $70 to $88.In the most pessimistic scenario, trading volumes for cryptocurrencies and stock options would decline by 50% within two years, with the expected earnings per share for the company in 2027 being $2.40, and a potential stock price range of $24 to $36.However, the analysts noted that currently, Robinhood's non-trading revenue accounts for about 43% of total revenue, with a compound annual growth rate of about 29% over the past two years, and its broader business portfolio helps offset the weakness in cryptocurrency trading activity.

According to The Block, the crypto computing network Arcium has launched its mainnet Alpha version on Solana, marking the transition of its crypto computing network from a testing environment to early production use infrastructure.The project aims to power the crypto capital markets on public blockchains, with its execution engine allowing developers to build verifiable and composable applications while keeping data fully encrypted. The first application to go live on the network, Umbra, launched its "private mainnet" simultaneously, building a shielded financial layer on Solana through a phased rollout, initially offering shielded transfers and crypto exchange functionalities. Access will be limited at first, with 100 users opening each week and a deposit limit of $500, with plans to expand access and raise limits in February.