π The Fairshake cryptocurrency committee has allocated $5 million for the preliminary elections in the Alabama Senate to support candidate Barry Moore, who is in favor of cryptocurrencies. link
Coindesk
Crypto PAC Fairshake leaps into first midterm Senate race with $5 million in Alabama
The industry's leading campaign-finance operation is getting behind a pro-crypto candidate, Barry Moore, in Alabama's Republican Senate primary.
πΊπΈπ½ On Feb. 10 (U.S. Eastern Time), spot Bitcoin ETFs recorded a net inflow of $167 million, marking the third consecutive day of net inflows.
Spot Ethereum ETFs saw total net inflows of $13.82 million, led by Grayscaleβs Ethereum Mini Trust ETF (ETH), which posted $13.32 million in net inflows on the day. #etf link
Spot Ethereum ETFs saw total net inflows of $13.82 million, led by Grayscaleβs Ethereum Mini Trust ETF (ETH), which posted $13.32 million in net inflows on the day. #etf link
π₯1
π Binance Futures Launched USD-Margined AZTECUSDT Perpetual Contract Pre-Market Trading link
π΅οΈ Bitmine has staked an additional 140,400 #ETH ($282 million).
In total, they have staked 2.97 million #ETH. link
In total, they have staked 2.97 million #ETH. link
X (formerly Twitter)
Lookonchain (@lookonchain) on X
Tom Lee(@fundstrat)'s #Bitmine is still buying $ETH and staking it.
5 hours ago, #Bitmine staked another 140,400 $ETH($282M).
In total, #Bitmine has staked 2.97M $ETH($6.01B), 68.7% of its total holdings.
https://t.co/yCucFPLdGs
5 hours ago, #Bitmine staked another 140,400 $ETH($282M).
In total, #Bitmine has staked 2.97M $ETH($6.01B), 68.7% of its total holdings.
https://t.co/yCucFPLdGs
π
$COQ, $VRA have been delisted from the spot trading platform Bybit. link
Announcement
Delisting of COQ and VRA
π #BNB #RWA Franklin Templeton and Binance launch a program allowing institutions to use tokenized money market funds as trading collateral. link
The Block
Franklin Templeton, Binance roll out program letting institutions use tokenized money funds as trading collateral
The structure lets institutional traders keep assets in regulated custody while still deploying them in crypto markets.
π΅οΈ While the market continues to decline, Machi got partially liquidated again on his $ETH (25x) long position.
Machi's loss now exceeds $27.52M. link
Machi's loss now exceeds $27.52M. link
π³ A whale possibly linked to Matrixport has opened a massive 105,000 $ETH ($204.5M) long and is now down over $10M.
Wallets 0x6C85 and 0xa5B0 both used Bridgers to move funds from Tron to Arbitrum and deposit into Hyperliquid.
They may belong to the same whale.
Together, these two wallets hold a 105,000 $ETH ($204.5M) long on Hyperliquid.
Wallet 0xa5B0 has also received funds from Matrixport multiple times, suggesting a possible connection. link link
Wallets 0x6C85 and 0xa5B0 both used Bridgers to move funds from Tron to Arbitrum and deposit into Hyperliquid.
They may belong to the same whale.
Together, these two wallets hold a 105,000 $ETH ($204.5M) long on Hyperliquid.
Wallet 0xa5B0 has also received funds from Matrixport multiple times, suggesting a possible connection. link link
πΊπΈπ QCP reported a rebound in #BTC and #ETH, with #BTC briefly hitting $71K and #ETH $2,150.
Spot #BTC ETFs saw $145M in net inflows yesterday ($371M on Friday), while spot #ETH ETFs recorded $57M, ending three days of outflows.
Easing U.S.βIran tensions and weak jobs data increased expectations of a March rate cut.
The Coinbase #BTC premium narrowed to 9 bps.
The Crypto Fear & Greed Index remains at 9 (extreme fear).
The #BTC/#ETH ratio holds at 33β34.
Implied volatility has declined but remains elevated, with realized volatility likely firm in the near term.
Spot #BTC ETFs saw $145M in net inflows yesterday ($371M on Friday), while spot #ETH ETFs recorded $57M, ending three days of outflows.
Easing U.S.βIran tensions and weak jobs data increased expectations of a March rate cut.
The Coinbase #BTC premium narrowed to 9 bps.
The Crypto Fear & Greed Index remains at 9 (extreme fear).
The #BTC/#ETH ratio holds at 33β34.
Implied volatility has declined but remains elevated, with realized volatility likely firm in the near term.
π
ββ #ARKM Arkham Intelligence plans to shut down its cryptocurrency trading platform due to low popularity. link
Coindesk
Arkham denies exchange closure plan, says switching to decentralized platform
Data analytics firm Arkham Intel first floated the idea of adding a crypto derivatives exchange in late 2024.
ππ°π€ Hong Kong plans to issue the first stablecoin licenses in March. #stablecoin link
Coindesk
Hong Kong ready to issue first stablecoin licenses in March, Financial Secretary says
Hong Kong will begin issuing a small number of stablecoin licenses to companies with credible business models and strong compliance, Paul Chan Mo-po said.
π΅οΈ According to Arkham monitoring, Jack Yi's Trend Research closed out their last Ethereum position on Sunday. At its peak, they held $2.1 billion in Ethereum longs, making them Asia's largest ETH long holder. Now, their on-chain accounts are completely cleared, with a final P&L of -$869 million. link
X (formerly Twitter)
Arkham (@arkham) on X
TREND RESEARCH FINAL PNL: -$869M
Jack Yiβs Trend Research finished closing out their final ETH positions on Sunday. At their peak, they were long $2.1B of ETH. Now, their on-chain accounts are completely empty.
Their final PnL is -$869M.
Jack Yiβs Trend Research finished closing out their final ETH positions on Sunday. At their peak, they were long $2.1B of ETH. Now, their on-chain accounts are completely empty.
Their final PnL is -$869M.