Binance Co-Founder He Yi Links Market Rallies to Easing FUD
He Yi, co-founder of Binance, recently shared her perspective on market dynamics via the X platform, stating that "when FUD subsides, it's time for growth."
According to her analysis, new entrants to the cryptocurrency space are often deterred by Fear, Uncertainty, and Doubt (FUD) and hesitate to invest. Meanwhile, existing participants may secure profits or exit positions due to unclear market conditions. Veteran investors, or "OGs," who have achieved financial independence, are reportedly desensitized to what they perceive as "intelligence-lowering FUD and AI-generated attacks," leading them to question their engagement with the market. He Yi suggested this sentiment contributed to the cryptocurrency market's fear index on CoinMarketCap falling to 5.
He Yi emphasized that periods of diminishing FUD typically precede market uptrends.
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Huobi HTX Launches GPS Perpetual Futures Contract
Huobi HTX has announced the listing of the GPS/USDT perpetual futures contract, offering users the ability to engage in both long and short positions with leverage ranging from 1x to 20x. The new contract became available on February 10th.
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Huobi HTX to Launch UP (Superform) Token Tomorrow
Huobi HTX will commence deposit services for UP (Superform) on February 10th at 16:00 (GMT+8). Spot trading for UP/USDT will open on February 11th at 10:00 (GMT+8), followed by withdrawal services on February 12th at 10:00 (GMT+8).
Superform is described as the first stablecoin native token bank, allowing users to perform on-chain savings, exchanges, transfers, and earn yields while retaining full control over their assets. The platform offers SuperVaults for automated yield optimization and custom portfolio building across over 1,000 earning opportunities.
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Ethereum's MVRV Z-Score Signals Capitulation, Analysts Divided on Future Outlook
Ethereum's MVRV Z-Score has dipped to -0.42, a level typically indicative of market capitulation. However, market analysts are split on whether this signifies a near-term bottom for the cryptocurrency's price. The MVRV Z-Score metric compares a cryptocurrency's market capitalization to its realized value to assess whether it is overvalued or undervalued.
According to CryptoQuant analyst Joao Wedson, the current reading suggests Ethereum is undergoing a clear capitulation phase. He noted, however, that the intensity of this phase is significantly less severe than historical extremes observed in December 2018 (MVRV Z-Score of -0.76) and at the bottom of the 2022 bear market. Wedson cautioned that further downside potential may still exist before a structural bottom is established.
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21Shares Submits Amended S-1 Filing for ONDO ETF to SEC
21Shares announced today that it has filed an amended S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for its ONDO ETF. This submission marks a significant step forward in the company's efforts to expand the exchange-traded vehicle for ONDO.
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Blockstream CEO Adam Back Clarifies No Financial Ties to Epstein
Adam Back, CEO of Blockstream, has taken to Twitter to address allegations of financial connections with Jeffrey Epstein. Back explicitly stated that Blockstream has no direct or indirect financial relationship with Epstein or his estate.
The CEO explained that in 2014, during Blockstream's seed funding roadshow, the company met Joi Ito, who was then the director of the MIT Media Lab. Following this, Blockstream encountered Epstein, who was described as a limited partner in the Joi Ito Fund. Subsequently, this fund made a minority investment in Blockstream. However, within months, the Joi Ito Fund divested its Blockstream shares due to potential conflicts of interest and other concerns.
Blockstream maintains that it has no ongoing or past financial entanglements with Epstein or his estate.
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Arthur Hayes Links Bitcoin's Recent Decline to Dollar Liquidity Contraction
BitMEX co-founder Arthur Hayes stated on X that U.S. dollar liquidity has decreased by approximately $300 billion in recent weeks. This reduction is primarily attributed to a $200 billion increase in the U.S. Treasury's general account (TGA). Hayes suggests the government may be accumulating cash reserves to fund expenditures in anticipation of a potential shutdown.
In this context, Hayes noted that Bitcoin's decline is not surprising, as it appears to be synchronized with the contraction of dollar liquidity.
The reduction in dollar liquidity, driven by increased government cash holdings, creates a less favorable environment for risk assets like Bitcoin. Investors may be reallocating capital as liquidity tightens.
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Australia’s eSafety Commissioner warns of a surge in complaints about AI-generated abuse using Elon Musk’s Grok, including some involving child sexual abuse material. Grok’s “Spicy Mode” is under fire & facing investigation. Platforms must better regulate AI content under Australian law.
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Bitcoin faces a potential price plunge below $50k if it's not quantum-resistant by 2028, warns Capriole founder Charles Edwards. Quantum computing could break current encryption & compromise funds. Industry action is crucial! #Bitcoin #QuantumComputing #Crypto
Dutch Central Bank warns a surge in dollar-pegged stablecoins & potential “bank run” could destabilize European markets, impact inflation & *force* the ECB to shift monetary policy. Growing regulatory scrutiny via MiCA framework expected. #stablecoins #ECB #crypto
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Major ETH whale is liquidating holdings after borrowing 66k ETH. They’ve withdrawn nearly 200k ETH ($632M) from Aave & sent 44k ETH ($140M) to Binance. Estimated $70M loss. Possible sign of shifting market sentiment. #ETH #crypto #liquidation
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Franklin Templeton forecasts big growth for digital wallets in 2025 – beyond crypto! Expect tokenized assets like real estate & US Treasuries. 🏛️ Institutional interest is rising, particularly in stablecoins & on-chain assets. Expanding to 9 blockchains & partnering with Binance! 🚀 #DeFi #Tokenization
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HTX (formerly Huobi) now lists JCT/USDT & CC/USDT perpetual contracts with up to 20x leverage! 🎉 Join their $20K trading party Nov 11-18 (UTC+8) – trade ≥10,000 USDT to be eligible. New users get exclusive perks! 🚀 #HTX #crypto #perpetuals
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⚠️ Deadline Dec 29! ⚠️ “Bluetec Glory” investors must register for fund restitution via River East Financial Work Group. Verification (Oct 31-Dec 29, 2025) is required for payouts. Don't miss the deadline or risk losing returns! More info: link to source/info
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🇰🇷 Big banks (KB, Shinhan, Hana, Woori) are teaming up with tech giants (Naver, Kakao, Samsung) to dominate the booming stablecoin market – already $411.5B in Korea! 💰 Regulations are coming by 2025, with banks expected to issue won-linked stablecoins. Tech platforms are key to fast adoption. 🚀
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Zenrock’s zenZEC (wrapped Zcash on Solana) has hit $15M in trading volume since Oct 31! 🚀 zenZEC brings Zcash privacy to Solana’s speed & DeFi, secured by MPC tech. It’s Zcash holders’ first on-chain DeFi access in 7 years, currently thriving on Orca DEX. #Zcash #Solana #DeFi
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Allora Network mainnet launches Nov 11! 🚀 5% ALLO token airdrop for eligible users + 9.3% for community/ecosystem. Stake with Allora Prime for rewards. Claim 2wks post-launch. Binance Alpha lists JCT & ALLO airdrops Nov 10-11! #Allora #airdrop #crypto
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DRW & Liberty City Ventures are in talks to lead a $500M funding round for a company building a reserve for the Canton Network token. ~$100-200M from external investors. The company will also run a validating node & build apps. Signals growing institutional interest in blockchain infrastructure! ⛓️
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S&P downgraded Strategy (formerly MicroStrategy) to B- (junk) citing its ~$74B Bitcoin holdings & heavy crypto concentration. First ever rating for a Bitcoin asset company, says founder Michael Saylor. Risks include volatility & weak capital. #Bitcoin #MicroStrategy #crypto
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Meme coin $MELANIA is facing a lawsuit alleging a “pump and dump” scheme involving manipulated pricing & other tokens ($M3M3, $LIBRA, etc.). Melania Trump is named as an endorsement figure only & isn’t accused of fraud. $MELANIA’s value has dropped from $2B to ~$806M. 📉
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