● US Department of Energy suspends mandatory investigation into Bitcoin miners’ energy use
According to the Daily Planet, the U.S. Department of Energy and the Energy Information Administration (EIA) agreed to suspend mandatory investigations into energy usage by Bitcoin miners after being sued.
● Consensys: Will launch commemorative NFT for Ethereum Cancun upgrade
According to BlockBeats, Ethereum infrastructure development company Consensys announced that it will launch the third commemorative NFT to celebrate the Ethereum Cancun-Deneb upgrade. The series will include Open and Contributor versions as well as community versions. Previous Merge, Shanghai commemorative NFTs, and Linea Voyage NFT holders are eligible to mint the community version.
● Bitcoin NFT project Pizza Ninjas#1is listed at Sotheby’s auction
According to the Daily Planet, Ninjalerts CEO Trevor.btc posted on the X platform that the Bitcoin NFT project Pizza Ninjas#1has officially landed on Sotheby's to start the auction. Pizza Ninja#1is an NFT minted on the very rare Uncommon Pizza Sat. The auction will be held on February 29. Sotheby's estimated auction price is $20,000-30,000, and the current bid amount is $5,500.
● Zhu Su: UNI fee conversion opens a new era of value-accumulating token economy
According to BlockBeats, Zhu Su said that the UNI fee conversion is an important moment for DeFi, not only because of the immediate impact, but also because it marks the beginning of a new era of value-accumulating token economy. DYDX is expected to follow soon, and all other projects will follow suit. As previously reported, Uniswap's new proposal "Activate Uniswap Protocol Governance" intends to allow any protocol fees to be distributed proportionally to UNI token holders who have staked and delegated their voting rights.
● Analysis: Large entities’ Bitcoin holdings grow to levels equivalent to July 2022
According to CryptoPotato, a recent analysis by on-chain intelligence platform CryptoQuant found that due to the continued accumulation of digital assets, the total Bitcoin (BTC) holdings of large entities have grown to a level equivalent to July 2022.
● Crypto and blockchain project financing totals over $90 billion since 2017
According to BlockBeats, according to data from The Block Research, the total historical financing of crypto and blockchain-related projects has exceeded US$90 billion since 2017, with more than 9,500 financing transactions. Since the beginning of this year, the number of financings has reached more than 230, with a total financing amount of nearly US$1.3 billion, of which the vast majority of funds have been invested in DeFi, infrastructure, NFT/games and web3 projects.
● HODL15Capital: 9 Bitcoin spot ETFs had a net inflow of nearly 293,000 BTC
According to the Daily Planet, data from HODL15Capital shows that 9 Bitcoin spot ETFs (excluding GBTC) have had a net inflow of 292,797 BTC since their launch. In addition, 10 Bitcoin spot ETFs have had a net inflow of 118,099 BTC since their launch.
● Canada’s Purpose Bitcoin ETF has reduced its holdings by nearly 5,000 BTC since January 10
According to the Daily Planet, HODL15Capital data shows that Canadians continue to sell bitcoins held by the Purpose Bitcoin ETF, reducing their holdings by 199 bitcoins yesterday and 604 bitcoins in the past 7 days; nearly 5,000 bitcoins have been reduced since the launch of the U.S. spot ETF.
