Wu said that he learned that Binance Futures will launch GPSUSDT at 2025-02-17 17:00 (UTC) and SHELLUSDT perpetual contract at 2025-02-17 17:15 (UTC), with a maximum leverage of 25 times.
Wu said that, according to SoSoValue data, as of February 14, Eastern Time, the total net inflow of Bitcoin spot ETFs was $66.1865 million. The Bitcoin spot ETF with the highest single-day net inflow was Fidelity ETF FBTC, with a single-day net inflow of $94.0414 million, followed by BlackRock ETF IBIT, with a single-day net inflow of $22.2580 million.
Bybit announced the pilot of a mechanism to disclose project financial and operational data, becoming the first crypto exchange to require spot-listed projects to disclose financial reports. The mechanism displays key data in the Bybit Listing Billboard section of Bybit Spot. SoSoValue was the first to disclose data. One month after its launch, its TVL exceeded $190 million, its monthly active users reached 9.79 million, and its on-chain transaction volume exceeded $260 million.
In the next 7 days, large single unlocks (unlocked amount greater than 5 million US dollars) include MURA MELANIA FTN QAI MRS IMX APE ID PIXEL, etc., and large linear unlocks (single-day unlocked amount greater than 1 million US dollars) in the next 7 days include SOL WLD DOGE TIA AVAX TAO SUI DOT NEAR JTO ENS FIL OM, etc. The total unlocked value exceeds 649 million US dollars.
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2. He Yi responded to the rumor that "Binance will be sold": It is a PR strategy of competitors, and the introduction of partners is not ruled out
She said that as the price of Bitcoin hits a new high, the trading platform has been recognized as a business model for ecological verification. Binance has institutions negotiating investment and cooperation every month. It does not rule out the introduction of strategic partners and is open to mergers and acquisitions. If there are other trading platforms with sales plans, please contact them. CZ responded to the rumors of "Binance sale", saying that an Asian competitor was spreading FUD, and emphasized that as a shareholder, Binance was not sold. However, CZ also said that top investors have always been interested in Binance, and single-digit investment may be allowed in the future.
SoSoValue announced the $SOSO token application scenarios at the SoSoValue VIP Cocktail Hour event in Hong Kong, launching the staking feature. Starting from February 25, users can stake $SOSO on the official website of the SoSoValue Indexes protocol to unlock the AI research assistant Socatis. In addition, users who stake more than 1 million $SOSO will be able to apply to become WLP (Whitelisted Participants) and unlock more premium privileges. Furthermore, in the upcoming third quarter staking event, it will be possible to mine S-Value.
The hedge fund PSE Trading today announced its latest financial report, showing a cumulative return of 406.79% for the year 2024, primarily employing a USD-based trend-following strategy. At the same time, PSE Trading also announced a partnership with the internationally renowned auditing firm BDO to conduct fund compliance audits, further enhancing the fund's compliance and professional image. In the future, PSE Trading will continue to upgrade its investment strategies and audit compliance, providing investors with greater transparency and a more robust investment experience.
Wu said that, according to CoinShares, last week saw a large-scale outflow of digital asset investment products for the first time after 19 consecutive weeks of inflows, totaling $415 million. Bitcoin, which is highly sensitive to interest rate expectations, experienced an outflow of $430 million. CoinShares believes that this outflow was triggered by the meeting between Congress and Federal Reserve Chairman Jerome Powell, during which Powell signaled a more hawkish monetary policy stance, coupled with U.S. inflation data exceeding expectations.
Wushe learned that Kaito AI announced it has completed the KAITO Yaps snapshot (Yapshot) today at 12:00, and will take a snapshot of Kaito Genesis NFT on February 18 at 12:00. The official stated that Yaps and Kaito NFT will play a long-term role in the ecosystem, with more details to be revealed throughout this week.
Wu said he learned that Binance announced that it will launch BNX/USDC, CAKE/USDC, HEI/USDC, TRUMP/FDUSD and TST/FDUSD spot trading pairs at 16:00 on February 18, 2025 (Eastern Time 8), and enable trading robot services for the above trading pairs.
The U.S. cryptocurrency task force will focus on building a national Bitcoin reserve, which could lead to a race among sovereign nations to buy it, Bernstein reports. The Federal Reserve could issue bonds or sell part of its gold reserves to finance cryptocurrency purchases and add $20 billion worth of Bitcoin seized from criminal enterprises to the national reserve. (CoinDesk)
Wu said that in response to the rumors of 'Binance is about to sell', Binance co-founder He Yi stated that such statements are a public relations strategy from competitors, aimed at diverting market attention. She expressed that as the price of Bitcoin reaches new highs, trading platforms as a validated business model in the ecosystem have been recognized, and Binance has institutions negotiating investments and partnerships every month, not ruling out the introduction of strategic partners, and is also open to the possibility of mergers and acquisitions.
QCP Capital Analysis indicates that BTC's market capitalization accounts for nearly 60%, approaching a four-year high, while ETH and other altcoins continue to remain weak. The LIBRA token Rug Pull scandal involving Argentine President Javier Milei may affect market confidence in altcoins. BTC prices are stable in the mid-range, implied volatility is declining, and the market lacks clear catalysts, with trends dominated by macro factors. Despite the ongoing uncertainties surrounding tariffs, the debt ceiling, inflation, and Trump’s policies, cryptocurrency market volatility and VIX remain low, with funds primarily focused on short-term trading, and no significant bets placed on a major market breakthrough.
According to Wu's report, Lookonchain monitoring revealed that the LIBRA team used 3 internal wallets to speculate on its tokens, making a profit of 6.65 million USD. A few hours before LIBRA went live, the wallet '0xcEAe…06e2' bridged 1.6 million USDC to Solana and traded with 3.77 million LIBRA, subsequently selling all for 8.25 million USDC to realize the profit.
Wu said that Standard Chartered Bank (Hong Kong) Limited SCBHK, Animoca Brands, and Hong Kong Telecommunications have signed an agreement to jointly establish a joint venture, planning to apply for a license under the new regulatory framework of the Hong Kong Monetary Authority to issue a Hong Kong dollar-backed stablecoin.
Wu said that according to @ai_9684xtpa, 11.2 million SOL from the FTX bankruptcy auction will be unlocked on 03/01, worth 2.06 billion USD. FTX has sold 41 million SOL in three auctions, with the TOP3 buyers and auction prices as follows: Galaxy: bought 25.52 million SOL at 64 USD, return rate 187%; Pantera and other buyers: bought 13.67 million SOL at 95 USD, return rate 93%; Figure and other buyers: bought 1.8 million SOL at 102 USD, return rate 80%.
According to Wu, Binance will delist AMB, CLV, STMX, VITE, and will remove the trading pairs AMB/USDT, CLV/BTC, CLV/USDT, STMX/TRY, STMX/USDT, VITE/USDT.
Wu said that regarding the KOL's belief that CZ himself has never installed a wallet and that his understanding of on-chain gameplay relies entirely on information provided by employees, Binance founder CZ stated that he has tried many wallets but has never bought a Meme.
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has taken regulatory action against 13 remittance service providers and cryptocurrency exchanges, while issuing compliance warnings to over 50 institutions. AUSTRAC CEO Brendan Thomas stated that the agency rejected the registration renewal applications of 6 providers due to serious violations by key personnel that affect their integrity. Additionally, 2 providers were subjected to conditional restrictions for failing to meet requirements within the deadline. Meanwhile, the two collapsed cryptocurrency exchanges, FTX Australia subsidiary FTX Express and Zipmex Australia, have been removed from the country's digital currency exchange registration list. (Cointelegraph)
Wu said that, according to monitoring by OnchainLens, a certain whale is at risk of being liquidated on Compound, involving 488.49 WBTC (approximately 46.99 million USD). The current health rate is 1.02, and the liquidation price is 91,785 USD. In 2022, this whale faced liquidation three times, with a total loss of 74,426 cWBTC (approximately 32.82 million USD).