GateNewsBot

ChainCatcher reports that, according to Coinglass data, if BTC drops below $67,343, the total long liquidation strength on major CEXs will reach $1.572 billion. Conversely, if BTC breaks above $74,259, the total short liquidation strength on major CEXs will reach $921 million.

ChainCatcher reports that, according to Coinglass data, if ETH drops below $1,977, the total liquidation strength of long positions on major CEXs will reach $872 million. Conversely, if ETH breaks above $2,179, the total liquidation strength of short positions on major CEXs will reach $642 million.

Gate will launch the "Trade Entry Check-in Challenge Phase 2" from February 6 to February 24, with a total prize pool of 66,000 USDT. New traders can earn up to 1,000 USDT as a reward for their first trade. The event encourages daily check-ins, benefiting both traders and followers.

Yesterday, XRP spot ETF had a total net inflow of $15.16 million, with Bitwise XRP ETF net inflow of $8.29 million, bringing the total historical net inflow to $358 million; Franklin XRP ETF had a net inflow of $3.94 million. The total net asset value of XRP spot ETF is $1.04 billion.

ChainCatcher reports that, according to Arkham data, at 11:42, 3406.95 ETH (worth approximately $7.06 million) was transferred from an anonymous address (starting with 0x28ef...) to another anonymous address (starting with 0x3e13...).

Glassnode report indicates that on-chain investor behavior at the end of last year showed signs of entering a bear market, with a 45% price decline over 100 days. Long-term holders are enjoying significant profits but are slowing down on selling, with the market loss rate reaching 24%, still not in an extreme panic stage. Buyers at high levels are under psychological pressure, and the market structure is similar to May 2022.

Odaily Planet Daily reports that Su Zhu posted on X: “I am not very optimistic about the prospects of privacy coins. Exchanges will face enormous pressure and are likely to cut support for them. In fact, Tornado remains the most usable privacy protocol at the moment. Among these ‘antique coins,’ the most worth paying attention to might be BCH. In the coming years, the threat of quantum computing to Bitcoin could become a common topic, and as the public gradually realizes the difficulty of upgrading BTC, this awareness will further spread.”

According to RootData, the compliant blockchain ecosystem Rayls has gained the most new X (Twitter) followers in the past 7 days, including several influential figures in the crypto space.

ChainCatcher message: According to Arkham data, at 11:11, 294.24 BTC (worth approximately $20,168,700) was transferred from Anchorage Digital to an anonymous address (starting with 33DwCCSn...).

Against the backdrop of declining liquidity in the crypto market, more and more exchanges are turning their attention to on-chain traditional assets and derivatives trading. With a mature product ecosystem and high trading activity, Gate is gradually demonstrating its advantages in the "full asset competition," with its XAUT contract trading volume ranking among the top globally, and its strategy leaning towards long-term expansion. ChainCatcher believes that future exchange competition will need to find a balance between compliance, liquidity, and risk management, and Gate may continue to gain an edge in the integration of TradFi and the crypto market.

Gate DEX's Meme Go officially launches the weekly trading check-in BNB Chain event. Users only need to participate in Meme token trading on the BNB Chain and meet the conditions to have a chance to share 20,000 USDT. Meme Go offers fast trading and analysis tools to help users seize investment opportunities.

a16z Partner Chris Dixon pointed out in an article that non-financial applications of cryptocurrencies are not dead, believing that finance is the foundation and testing ground for blockchain applications. He emphasized that building new industries takes time, and blockchain should first be promoted through financial applications before broader applications can be introduced. He cited the development process of the internet, highlighting the importance of infrastructure, and believes that great endeavors require time.

Gate News bot message, according to Lookonchain, two prominent Ethereum bulls experiencing significant losses - Garrett Jin (#BitcoinOG1011short) and Trend Research - have been identified using the same centralized exchange deposit address. This finding was revealed in a report highlighting the top

ChainCatcher reports that, according to Coinglass data, the total liquidation across the entire network in the past 24 hours was $649 million, with long positions liquidated at $179 million and short positions at $470 million. Among these, Bitcoin long liquidations amounted to $86.1178 million, Bitcoin short liquidations to $298 million, Ethereum long liquidations to $42.4649 million, and Ethereum short liquidations to $85.0779 million.

Vitalik comments on ENS stopping development of L2 Namechain, believing that deploying v2 directly on the Ethereum mainnet is a wise move. He points out that ENS domain names are at the core of the Ethereum ecosystem, and the best architecture for decentralized identity should store personal data on L1 while using L2 to handle user operations.

Odaily Planet Daily reports that trader Eugene Ng Ah Sio posted on his personal channel: "So far, everything is going well. Yesterday's bottom-fishing was a miraculous move. The 60,000 level rebounded, and I feel there is still hope for the future market."

The China Securities Regulatory Commission has issued regulatory guidelines to strictly oversee the issuance of tokenized securities abroad using domestic assets, prevent speculation and risks. It requires compliance with laws and regulations, filing and reporting relevant information, prohibits certain financing activities, and ensures the interests of the country and society.

The U.S. Commodity Futures Trading Commission (CFTC) reissued Staff Letter Nos. 25-40, with limited revisions to the definition of "payment stablecoins," clarifying that National Trust Bank can serve as an authorized issuer to avoid excluding its issuance eligibility.