📊 #S Sonic Labs announced a shift from a gas-fee–centric Layer 1 value-capture model to a vertically integrated strategy. The team plans to build or acquire core applications and financial primitives to internalize key economic activity and direct trading fees, protocol income, and application revenues to the S token.

They stated that transaction fees alone are insufficient for sustainable value capture amid blockspace oversupply and ongoing fee compression. Sonic aims to deploy integrated products across trading, lending, payments, and settlement, leveraging Fee Monetization to recycle gas fees for user onboarding and micro-CAC, while phasing out airdrops and low-efficiency incentives. Future S token buybacks will be funded by protocol-generated revenue rather than treasury drawdowns. link

🇺🇸🔮 Bo Hines, head of Tether’s U.S. arm, says the company expects to become a top-10 buyer of U.S. Treasury bills this year as USDT demand grows.

📌 Top 5 News for 24 Hour:

1. Standard Chartered partners with liquidity provider for crypto access. → Read full
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2. Whale opens $204.5M ETH long, possibly linked to Matrixport. → Read full
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3. Machi's $ETH long position liquidated, loss over $27.52M. → Read full
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4. S&P Global acknowledges Bitcoin as collateral asset. → Read full
👁 278 | ❤️ 0 | 🔁 6

5. Jack Yi's Trend Research, Asia's largest ETH long holder, closed out $2.1 billion position with final P& → Read full
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🗣 BlackRock's Nicholas Peach says a 1% allocation to Bitcoin and crypto in standard portfolios across Asia could see nearly $2 trillion of inflows. link

🧑‍💻 Elon Musk's X announces it is generating $1,000,000,000 per year from subscriptions.

🗣 Strategy CEO Phong Le announced that their preferred stock “Stretch” closed at $100 today, indicating plans to purchase more Bitcoin. He stated, "The story of the day is Stretch closes at $100, exactly how it was engineered to perform."

🚀 "I'm buying Bitcoin. I'm pumped. I'm shocked we get another bite at the apple at this level. I never thought I would buy it under $70k," says VaynerMedia CEO Gary Vaynerchuk. link

🇨🇦👀 US House passes bill to end President Trump's tariffs on Canada. #tradewars

📈 Public company DDC Enterprise $DDC buys an additional 100 Bitcoin and now holds a total of 1,988 BTC.

Bitcoin 100 Ranking: 35 link

🕵️ 354,947,658 #USDC (355,040,121 USD) transferred from Coinbase Institutional to Coinbase link

📊 A newly created wallet "0xaCB" deposited $5.1M $USDC into HyperLiquid and opened a #GOLD short position with 1x leverage on Tradexyz. link

🇺🇸🤔 Tether USA CEO Bo Hines stated that Tether plans to significantly increase its U.S. Treasury bill (T-bill) purchases in 2026, aiming to become a "top 10 T-bill buyer."

According to the latest attestation, Tether currently holds over $122 billion in T-bills, surpassing Germany and representing 83.11% of its reserves.

The growing demand for Tether's flagship stablecoin $USDT, along with the recent launch of its GENIUS Act-compliant $USAT stablecoin, is expected to further boost Tether's T-bill holdings. #stablecoin link

🕵️ Wallet (FFDAa) linked to Galaxy Digital deposited 200,000 $SOL ($16M) to Binance, #OKX, and Bybit in the past 5 hours. link

🤔 After LayerZero announced plans to launch its Layer 1, Zero, Alameda's bankruptcy wallet swapped 129.04M $STG ($24.49M) for 11.14M $ZRO ($24.29M). link

🕵️ Trader 0x4321, who once lost $3.2M shorting $BTC, is back after being inactive for over 2 months.

He just opened a 10x short on 99 $BTC ($6.7M).

Liquidation price: $76,202.53 link

🆕 $CC listed on OKX spot link

🤔 DCG CEO Barry Silbert stated that 5%-10% of Bitcoin will likely flow into privacy-focused cryptocurrencies like Zcash over the next few years as the crypto market evolves. He emphasized that privacy coins represent an asymmetric investment opportunity similar to Bitcoin’s early days, with Zcash having the potential for 100x, 500x, or even 1000x returns, which he believes is unlikely for #BTC. link

🕵️ Arthur Hayes has bought an additional 20,274 $HYPE for $603K and now holds 189,195 $HYPE worth $5.79M. link

📉 The crypto market is down

BTC Dominance - 58.09%

Market Cap - $2.32T
BTC - $67,211 (-0.72%)
ETH - $1,964 (-0.65%)
BNB - $614 (+0.44%)
SOL - $80 (-2.07%)
PIPPIN - $0.49 (+25.9%)

📊 Aztec trading will start on Bybit, KuCoin, Gate, and others on February 12 at 7:00 UTC.

Aztec has raised $119 million from Paradigm, a16z, ConsenSys, Coinbase, and others. link

🤝 eSui Dollar (suiUSDe), the synthetic dollar issued in collaboration with Ethena Labs, is now live on Sui Mainnet. link