● Ark 21Shares submits revised registration statement for spot Ethereum ETF

According to BlockBeats, the U.S. Securities and Exchange Commission (SEC) announcement showed that Ark 21Shares had submitted an amended registration statement (Form S-1/A) for the spot Ethereum ETF on February 7. The Ark 21Shares Ethereum ETF aims to provide investors with the opportunity to track the performance of the Ethereum market.

● Ethereum Holesky testnet has activated Dencun upgrade

According to BlockBeats, the Ethereum Holesky testnet has activated the Dencun upgrade. It is reported that this is the last testnet fork before the mainnet.

● Grayscale GBTC holdings of Bitcoin decreased by approximately 1,707

According to Planet Daily, official data from Grayscale showed that as of February 7, GBTC held a total of 470,637.4128 bitcoins, a decrease of approximately 1,707.64 from the previous trading day (472,345.0521 bitcoins).

● Glassnode: Bitcoin computing power hits new high, up 12% in the past three weeks

According to the Daily Planet, Glassnode data shows that Bitcoin computing power (14-day moving average) has reached an all-time high of 566 EH/s. In the past three weeks, Bitcoin computing power has soared 12% since the low point caused by the severe freeze in Texas, USA. According to Clarkmoody.com data, the increase in computing power may bring forward the expected halving date (as of press time, it is shown as April 19), and the Bitcoin network is about 10,629 blocks away from halving.

● Bitmain's BitFuFu's SPAC listing has made progress

According to WuSay, Bitmain's Bitcoin mining company BitFuFu's SPAC listing has made progress. The company submitted an F-4 application to the SEC on December 31 to register the securities of its SPAC merger transaction as a foreign private entity. The SEC announced that the document is effective, which is a key step for BitFuFu to complete the merger transaction and subsequent listing.

● Binance releases reserve certificate for February 2024: BTC reserve ratio reaches 102.49%

Binance released its reserve certificate for February 2024. As of February 1, the net balance of BTC held by users was 594,688.859, the net balance of BTC held by the platform was 609,477.128, and the BTC reserve ratio reached 102.49%; the net balance of ETH held by users was 4,163,085.942, the net balance of ETH held by the platform was 4,353,718.384, and the ETH reserve ratio reached 104.58%. In addition, the USDT reserve ratio reached 120.54%, and the BNB reserve ratio reached 104.3%.

● BlockFi and 3AC settlement agreement approved by judge

According to Foresight News, a U.S. judge has approved a settlement agreement to resolve claims and disputes between crypto lending platform BlockFi and Three Arrows Capital (3AC), but ordered the details to remain confidential. The approval of the settlement agreement enables BlockFi to continue distributing loan properties to creditors.