π΅οΈ #RWA SBI Holdings introduces the L1 concept for tokenized stocks, developed in collaboration with Startale Group.
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theblock link
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πΊπΈπΈ Several U.S. public pension funds are facing significant losses due to investments in Strategy, a company led by Michael Saylor. Amid a decline in Bitcoin prices, these funds have seen their investments shrink by approximately $337 million, with 10 out of 11 funds experiencing losses of 60%. Strategyβs stock price has dropped by 67%. link
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π΅οΈ #ETH wallet provider Payy launches Ethereum L2 focused on privacy. Cointelegraph link
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π #ETH Ethereum Transfer Count Surge: A Historical Warning Signal?
High network activity often signifies adoption, but a sudden "parabolic" rise in transfer counts near price highs typically indicates an overheated network. This metric often spikes during moments of extreme market capitulation or euphoria. link link
High network activity often signifies adoption, but a sudden "parabolic" rise in transfer counts near price highs typically indicates an overheated network. This metric often spikes during moments of extreme market capitulation or euphoria. link link
π°π·π South Koreaβs Financial Supervisory Service is monitoring the market for ZK tokens listed on Upbit, the countryβs largest cryptocurrency exchange, due to abnormal price fluctuations. On February 1, ZK surged nearly 1000% in just three hours, rising from 33 KRW to 350 KRW, before quickly falling back. link
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π΅οΈ 1,512.56 #BTC ($108,156,167)
aggregated inflows to Binance link
aggregated inflows to Binance link
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π΅οΈ 260,487,291 #USDT (259,927,243 USD) transferred from RenrenBit to Bitfinex link
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πΊπΈπ According to SoSoValue, on Feb. 4 (ET), U.S. spot Bitcoin ETFs recorded total net outflows of $545 million. The BlackRock spot Bitcoin ETF IBIT saw the largest single-day net outflow at $373 million.
Spot Ethereum ETFs posted total net outflows of $79.48 million, while XRP spot ETFs recorded total net inflows of $4.83 million. #etf link
Spot Ethereum ETFs posted total net outflows of $79.48 million, while XRP spot ETFs recorded total net inflows of $4.83 million. #etf link
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πΌ Vitalik Buterin stated that there is no need for more copy-paste EVM chains or L1s, as Ethereum L1 is scaling and will provide ample blockspace. He urged the development of truly innovative solutions, including privacy, app-specific efficiency, and ultra-low latency, while expressing support for app chains closely tied to L1 or "institutional L2s" that can enhance algorithmic transparency. link
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