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)

U.S. skiing legend Lindsey Vonn's recent injury has sparked discussions about safety regulations in competitive skiing. According to RTHK, Vonn, a 41-year-old Olympic champion from the Vancouver Winter Games, suffered a fall just 13 seconds into the women's downhill event at the Milan Winter Olympics last Sunday. She was airlifted to a hospital where she was diagnosed with a leg fracture and underwent two surgeries. The incident has raised questions about whether athletes should compete while injured, especially since Vonn had torn her left ACL just nine days prior to the event. Johan Eliasch, President of the International Ski Federation, stated that while many have questioned whether the federation should intervene in such decisions, he firmly believes that the choice should rest with the athletes themselves. Eliasch emphasized that Vonn, more than anyone, understands her own injuries. Eliasch expressed his sympathy for the unfortunate event, acknowledging that Vonn's leg was indeed injured. However, he reiterated that skiing is inherently a dangerous sport, and such risks are part of competitive skiing.

Energy-trading company Mercuria is on the verge of purchasing a refinery and numerous gas stations in Argentina from Raizen. Bloomberg posted on X that the deal is nearing completion, marking a significant expansion for Mercuria in the South American energy market. The acquisition includes a refinery and a network of gas stations, which are part of Raizen's assets in Argentina. This move aligns with Mercuria's strategy to broaden its footprint in the region's energy sector. The transaction is expected to enhance Mercuria's operational capabilities and market presence in Argentina. Details of the financial terms have not been disclosed, but the acquisition is seen as a strategic step for Mercuria to strengthen its position in the global energy market.

Federal prosecutors have initiated proceedings to dismiss the criminal case against conservative activist Stephen Bannon. Bloomberg posted on X that Bannon had been challenging his conviction for defying a congressional subpoena, even after serving a four-month prison sentence. The decision to end the case marks a significant development in the legal proceedings surrounding Bannon, who has been a prominent figure in conservative circles. The move comes after Bannon's persistent efforts to contest the conviction, which stemmed from his refusal to comply with a subpoena issued by Congress. This legal action had previously led to his imprisonment, but the latest steps by prosecutors indicate a shift in the handling of the case.

Mexico has ceased all oil shipments to Cuba, marking the first month in a decade that the island nation has not received oil imports. Bloomberg posted on X, highlighting the significant impact this decision has on Cuba, which is already facing severe fuel shortages. The halt in oil supply from Mexico adds to the challenges Cuba is experiencing in maintaining its energy needs. The decision comes amid Cuba's ongoing struggle to secure fuel resources, exacerbating the country's energy crisis. The lack of oil imports is expected to have widespread effects on various sectors, including transportation and industry, further straining the island's economy. Cuba has been reliant on oil imports to meet its energy demands, and the absence of shipments from Mexico could lead to increased difficulties in sustaining essential services. The situation underscores the vulnerability of Cuba's energy infrastructure and the broader implications for its economic stability. As Cuba navigates this challenging period, the halt in oil shipments from Mexico serves as a reminder of the complexities involved in international energy trade and the potential repercussions for nations dependent on external resources.

Chevron has acquired a 22,000-acre ranch in West Texas, previously owned by an individual who had been engaged in a legal battle with the company. Bloomberg posted on X, detailing the accusations against Chevron, which included claims of negligent spillage of toxic water and crude oil on the property. The acquisition comes amidst ongoing legal proceedings, highlighting the complexities of environmental and property disputes in the energy sector. Chevron's purchase of the ranch marks a significant development in the case, as the company continues to navigate the legal challenges associated with the allegations. The situation underscores the broader issues faced by energy companies in managing environmental impacts and property rights.

Due to significant increases in gold and silver prices, the medals awarded at the 2026 Milan Winter Olympics may hold greater value than in previous years. Olympic gold medals are no longer made entirely of gold. According to Jin10, the International Olympic Committee guidelines stipulate that gold medals must contain at least 92.5% silver. Currently, Olympic gold medals consist of 500 grams of silver plated with 6 grams of pure gold. Silver medals contain 500 grams of silver without gold plating, while bronze medals are made of pure bronze. Based on current precious metal prices, the intrinsic value of an Olympic gold medal is approximately $2,500. On Monday, gold prices briefly rose to $5,090 per ounce, increasing the value of the gold in a Winter Olympics gold medal to $1,018. With silver priced at $83 per ounce, the silver content in a gold medal is valued at approximately $1,463. Thus, the total value of a gold medal, based solely on its material composition, reaches $2,481.

Data shows BitMine ETH holdings rose 40,613 to 4. 326 million (3. 58% of supply); with 2. 9M staked, annualized revenue is ~$202M, tightening circulating ETH. source: https://coincu.com/news/ether-supply-tightens-as-bitmine-adds-40613-eth-this-week/

Electricity costs on the largest U.S. grid more than doubled in January due to increased heating demand caused by a deep freeze. Bloomberg posted on X that operators worked to secure supplies to maintain power availability during the cold snap. The surge in demand led to higher prices as the grid struggled to meet the needs of consumers. This situation highlights the challenges faced by energy providers during extreme weather conditions, emphasizing the importance of preparedness and efficient resource management.

Reform of Israel's digital asset regulations may add 70,000 jobs and $38 billion to the country's GDP, according to KPMG. source: https://cointelegraph.com/news/israel-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

The regulatory principle for RWA tokenization activities has been formally clarified: "Strictly prohibited domestically, strictly regulated overseas."

Making money in the cryptocurrency world isn't mysterious: you earn based on the "difference," rely on "momentum," transactions are based on "trust," and amplification is achieved through "leverage."

Web3 incentive mechanisms are at a singularity, returning from the "illusion of traffic" to the "essence of value".

AI 的落地，会优先出现在那些需求刚性、流程清晰、价值可量化的地方。

Gold, traditional finance, investment, gold is hot but also chaotic. Golden Finance: Behind the seemingly prosperous gold craze, undercurrents are surging and chaos is rampant.

Crypto.com CEO Kris Marszalek plans to land a $70 million jackpot in a Super Bowl halftime ad slot—AI.com.

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Artificial intelligence, chatGPT, technology, AI models are constantly evolving: How can working people get rid of "AI anxiety"? Jinse Finance suggests building a filter to capture only what is truly important to your work.

Zero knowledge (ZK) was first proposed to answer the question: "Can a prover convince a verifier that a statement is true without revealing the identity of the witness?"