Tom Lee, chairman of Ethereum treasury company Bitmine, stated in an interview that Ethereum has experienced seven pullbacks exceeding 60% in the past eight years alone, all of which were followed by rapid recovery. He pointed out that these patterns typically involve a sharp initial drop followed by a rapid rebound. Lee also suggested that if the current crypto market is in a bottoming-out phase, this possibility exists based on some market performance, citing Strategy's recent approximately 25% rebound as one factor to observe. He noted that historical experience shows such rebounds tend to be relatively rapid. (CNBC)

The Federal Reserve is evaluating a proposal to introduce 'skinny master accounts' that would grant fintech companies restricted access to the central bank's payment infrastructure. According to Cointelegraph, the proposal has garnered 44 comments from various stakeholders, including crypto firms and banking associations, with crypto entities largely supporting the initiative and banks expressing caution. Fed Governor Christopher Waller initiated the comment period in December, highlighting the necessity for new payment accounts due to rapid advancements in payment technologies. He emphasized that these accounts would foster innovation while ensuring the safety of the payment system. Unlike traditional master accounts held by major banks, these payment accounts would not accrue interest, have access to Fed credit, or exceed certain balance limits. Crypto companies have shown strong support for the proposal. Stablecoin issuer Circle, in a letter to the Fed, stated that these accounts would be a crucial step in advancing Congress' vision under the GENIUS Act and would significantly enhance U.S. payments. The Blockchain Payments Consortium described the accounts as a long-overdue addition that would eliminate anti-competitive practices and reduce risk concentration among a few banks. Anchorage Digital Bank, the first federally chartered crypto bank, pointed out specific deficiencies in the proposal, particularly concerning overnight balance limits, interest on reserves, and access to the Fed's automated clearing house. Conversely, banking associations have raised concerns about the proposal. The American Bankers Association argued that many entities eligible for payment accounts lack a consistent supervisory track record and are not subject to uniform federal safety standards. The Wisconsin Bankers Association emphasized that access should be contingent not only on legal eligibility but also on an institution's governance, risk management, internal controls, and compliance capabilities. Better Markets, a nonpartisan financial reform advocacy group, criticized the proposal as an irresponsible concession to the crypto industry, warning that it could unnecessarily expand the Fed's mandate and pose significant risks to the Federal Reserve System and the broader financial system. The Federal Reserve will review the feedback before finalizing its decision on the proposal, a process that may take several months.

Liquid Capital founder Yi Lihua shared a photo with SharpLink's Chief Information Officer and Chief Development Officer. According to ChainCatcher, Yi expressed his commitment to continue building for Ethereum alongside SharpLink, emphasizing the importance of maintaining confidence and sustained effort.

The European Union is presented with a significant opportunity as it seeks to reduce its reliance on U.S. technology, potentially unlocking a $264 billion market. Bloomberg posted on X, highlighting the potential benefits for the EU in diversifying its tech dependencies. This shift comes amid growing concerns over data privacy, security, and the dominance of American tech giants. The EU's strategy involves fostering local innovation and supporting European tech companies to compete globally. This move is seen as a way to bolster the region's digital sovereignty and economic resilience. By investing in homegrown technology, the EU aims to create a more balanced and competitive tech landscape. The transition is not without challenges, as European firms must overcome significant hurdles to match the scale and influence of established U.S. companies. However, the potential economic benefits and increased control over digital infrastructure make this an attractive prospect for the EU. As the EU navigates this complex landscape, the focus remains on building a robust digital economy that can stand independently from U.S. tech influence. This strategic pivot could redefine the region's technological future and offer substantial economic gains.

MicroStrategy CEO Phong Le has outlined the company's approach to managing its convertible debt, emphasizing that significant pressure would only arise if Bitcoin's price dropped to $8,000 and stayed at that level for five years. According to NS3.AI, Le highlighted that the company's debt strategy relies on Bitcoin's historical average annual growth rate of about 30%. He further noted that as long as funding costs remain below approximately 20%, the strategy continues to generate value for shareholders. Le also stated that the company aims to maintain yield stability even if Bitcoin's price experiences substantial increases.

ByteDance's new video generation model has led to a rise in the shares of Chinese media and AI application companies. Bloomberg posted on X, highlighting the model's ability to produce high-quality content, which has impressed analysts and investors alike. The development has sparked interest in the potential applications of AI in media and content creation, contributing to the positive market response. This advancement underscores the growing influence of AI technologies in various sectors, particularly in enhancing content production capabilities.

Tether has expanded its workforce to about 300 employees and plans to add another 150 over the next 18 months, the Financial Times reported. source: https://www.theblock.co/post/388984/tether-to-add-staff?utm_source=rss&utm_medium=rss

Two individuals have reportedly lost over $62 million due to address poisoning attacks, a method where attackers deceive users into copying fraudulent addresses. According to NS3.AI, the frequency of signature phishing thefts on Ethereum increased by 207% in January, coinciding with the Fusaka upgrade that reduced transaction costs and inadvertently facilitated more attacks. Additionally, stablecoin-related dust transactions now account for approximately 11% of Ethereum's daily volume. DAI is particularly favored by illicit actors due to its governance resistance against address freezing.

After plunging to $60K and rallying to $80K in a single week, Bitcoin finds footing around $70K as U. S. -India trade talks and whale buying reignite risk appetite—though fragile sentiment means volatility could return quickly. source: https://www.blockhead.co/2026/02/09/bitcoin-steadies-at-70k-after-wild-swings-risk-appetite-returns-on-trade-deal-hopes/

Japanese Prime Minister Sanna Takeshi led the Liberal Democratic Party to a decisive victory in the House of Representatives election held on Sunday, the 8th. According to Ming Pao, the election results have significantly altered the political landscape in Japan. Liu Hong, deputy editor of the mainland's official media Xinhua Net, expressed concerns through his WeChat public account 'Niutanqin' on the 9th, stating, 'Sanna Takeshi has won the gamble... the balance has been completely disrupted, and Japan may be more dangerous now.'

Sanae Takaichi's landslide victory gives her the strongest mandate from the public, allowing her to fully implement her radical fiscal nationalist agenda. However, market concerns about her increasing Japan's debt burden have triggered volatility in the yen.

Pudgy Penguins has launched 'Pudgy Petals', a three-day Valentine’s pop-up in New York that brings its characters into a real-world gifting and retail experience. The event centres on a plush bouquet product and interactive activities, as the brand expands beyond NFTs into physical spaces and mainstream culture.

In a sweeping regulatory crackdown, the People’s Bank of China (PBOC), alongside a coalition of top state agencies, has formally banned the issuance of yuan-linked stablecoins and sharply curtailed real-world asset (RWA) tokenization

This paper proposes a simplified analytical framework for predicting market insider trading, elucidates the general understanding of insider trading, and explains how it should be applied to predicting markets.

Tens of thousands of NFL fans sit down to watch the Super Bowl, and many also keep an eye on a second screen—following the trading activity in the prediction market.

AI legal tools replace repetitive, transactional work, rather than the core of the legal profession—human professional judgment, ethical considerations, creative argumentation, and emotional connection.

While the US fiscal deficit may fluctuate in the short term, its long-term trend is towards deterioration. Policy commitments need to be translated into concrete actions, otherwise, they will exacerbate economic risks. Going forward, a balance must be struck between growth and responsibility to ensure fiscal stability.

Based on the latest developments in the cryptocurrency industry, Multicoin Capital outlined eight key investment themes in the crypto space, which it believes will drive the growth of cryptocurrencies and permissionless finance over the next decade.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse Morning 8," issue 2962, providing you with the latest and fastest news on the digital currency and blockchain industry.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering key news, mining information, project updates, technological advancements, and other industry dynamics.