Hong Kong's semiconductor sector experienced a downturn as several key stocks saw significant declines. According to Jin10, TianShu Intelligence (09903.HK) and HongGuang Semiconductor (06908.HK) both fell over 5%, while Hua Hong Semiconductor (01347.HK) dropped 4.8%. Additionally, NaXin Microelectronics (02676.HK) and Semiconductor Manufacturing International Corporation (00981.HK) decreased by more than 2%. The market sentiment reflects broader concerns impacting the semiconductor industry.

Haseeb, Managing Partner of crypto venture capital firm Dragonfly, wrote on the X platform that despite being in the cryptocurrency industry, people still choose to sign legal contracts rather than rely solely on smart contracts in actual investment transactions. Even if both parties to a transaction are crypto-native institutions with technical capabilities and legal counsel, it is difficult to completely trust smart contracts as the sole binding mechanism. Traditional banking systems have evolved over hundreds of years, designing risk control mechanisms around "human error"; however, crypto systems are not human-friendly. Complex addresses, phishing attacks, authorization vulnerabilities, and gas mechanisms all contradict human intuition. Therefore, cryptocurrencies may not be built for humans, but rather a financial system prepared for machines. For example, AI agents can quickly verify contracts, analyze terms, and execute agreements, preferring to trust deterministic code rather than legal systems with judicial uncertainty. The future crypto entry point will be the self-driving wallet, where AI fully represents users in configuring assets, executing transactions, and even automatically reaching economic agreements with other AI agents. In comparison, the current model of humans directly operating crypto protocols may only be a transitional phase. The "human-unfriendly" characteristics of encryption systems may not be flaws, but rather a lack of suitable users. The true suitable scenarios for encryption may emerge when AI becomes the main participant.

Nasdaq-listed Ethereum treasury company Sharplink announced a record high institutional ownership of 46%, along with a rebranding and expanded leadership team. The company also disclosed 867,798 ETH held (including 587,232 native ETH, 225,429 ETH redeemed from LsETH, and 55,137 ETH redeemed from WeETH), and has generated 13,615 ETH in staking rewards since June 2025, all of which have been distributed to shareholders. (Globenewswire)

Hong Kong's Deputy Secretary for Financial Services and the Treasury, Chan Ho-lim, highlighted the impact of geopolitical uncertainties on the global environment over the past year. According to RTHK, despite these challenges, Hong Kong's asset market has shown improvement with continuous capital inflow, an increase in visitor numbers, stable local consumption, and strong performance in overall exports and fixed capital investment. The economy grew by 3.5% last year, marking the third consecutive year of expansion. Speaking at the Hong Kong Gold Exchange's Lunar New Year opening ceremony, Chan emphasized the government's efforts to diversify Hong Kong's international financial services. The government is actively promoting Hong Kong as an international gold trading center, aiming to attract gold storage, clearing, and settlement activities. This initiative is expected to boost investment in derivative products, storage, insurance, trade, and logistics sectors. The government has set a target to exceed 2,000 tons of gold storage within three years, establishing Hong Kong as a regional gold storage hub. Efforts are also underway to encourage gold merchants to build or expand refineries in Hong Kong. A memorandum of cooperation has been signed with the Shenzhen Local Financial Supervision Bureau to support Hong Kong gold merchants in refining gold in Shenzhen for export to Hong Kong for trading and settlement. Additionally, the government plans to enhance cooperation between the Shanghai and Hong Kong gold markets. The Hong Kong Gold Clearing System, fully owned by the government, aims to begin trial operations within this year. Chan stated that the government will continue to optimize policies, financial infrastructure, and technological innovation to attract more international capital and talent to Hong Kong. These efforts are intended to strengthen Hong Kong's role as a super connector and value-added hub, aligning with the national development strategy outlined in the 15th Five-Year Plan, and reinforcing Hong Kong's status as an international financial center.

According to data from SoSoValue, on February 19, Solana (SOL) spot ETFs experienced a total net inflow of $5.9436 million. According to ChainCatcher, the Bitwise Solana Staking ETF (BSOL) led the inflows with $5.4618 million, bringing its historical total net inflow to $691 million. The Fidelity Solana Fund ETF (FSOL) followed with a net inflow of $481,800, reaching a historical total of $160 million. As of the time of reporting, the total net asset value of SOL spot ETFs stands at $710 million, with a net asset ratio of 1.52% and cumulative historical net inflows amounting to $886 million.

According to Odaily, data from SoSoValue indicates that on February 19, XRP spot ETFs experienced a total net inflow of $4.0509 million. The Bitwise XRP ETF (XRP) led with a single-day net inflow of $2.5213 million, bringing its historical total net inflow to $364 million. Following this, the Franklin XRP ETF (XRPZ) saw a net inflow of $1.5296 million, with its historical total reaching $330 million. As of the latest update, the total net asset value of XRP spot ETFs stands at $1.013 billion, with an XRP net asset ratio of 1.18%. The cumulative historical net inflow has reached $1.231 billion.

Tesla has announced a price reduction for its Cybertruck Cyberbeast model in the United States. According to Jin10, the electric pickup truck's price has been lowered from $114,990 to $99,990. This adjustment reflects Tesla's strategic pricing approach in the competitive electric vehicle market.

Regulated futures and options will trade continuously starting May 29 source: https://www.blockhead.co/2026/02/20/cme-group-to-launch-around-the-clock-cryptocurrency-trading/

XRP’s tokenized real-world asset market is expanding at a pace that is already outstripping last year’s total growth. In just the first weeks of 2026, the XRP Ledger has added approximately $1. 3 billion in tokenized RWAs, surpassing the full amount recorded throughout 2025. According to the latest on-chain data, the total value of tokenized real-world […] The post XRP Adds $1 source: https://www.ethnews.com/xrp-adds-1-3-billion-in-2026-already-surpasses-all-of-2025/

Santiment ranks Chainlink, Dash and NYM among the most active privacy-focused crypto projects by development activity over the past month. <p>The post Privacy Crypto Development Activity Led by Chainlink, Dash and NYM: Santiment first appeared on Crypto News And Market Updates | BTCUSA. </p> source: https://btcusa.com/privacy-crypto-development-activity-led-by-chainlink-dash-and-nym-santiment/

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse 8 AM," issue 2973, providing you with the latest and fastest news on the digital currency and blockchain industry.

Stablecoins have not deviated from the existing financial system. Their market structure, risk spillover, and institutional impact largely perpetuate and amplify the existing pattern of the current monetary and payment system.

There are only two possible scenarios for Bitcoin and altcoins going forward: either Bitcoin will drop from $126,000 to $60,000, which is the full extent of the decline, or Bitcoin will continue to plummet along with the stock market crash.

OpenAI has likely realized that whoever's agent learns to survive autonomously in the on-chain world will gain entry to the next stage.

Artificial intelligence, chatGPT, Musk is at it again: Four AIs argue on the spot, making a 47% profit in stocks, while GPT-5 is completely outmatched? Jinse Finance, Letting AI fight itself, that's the most terrifying evolution.

Artificial Intelligence, AI Agent, 2026 Spring Festival: Why are tech giants spending a whopping 4.5 billion yuan to subsidize AI payments? Golden Finance: When the payment process itself becomes redundant, what are these giants really vying for?

The perspectives from a human standpoint and from the perspective of an AI agent economy are different.

The two sides have held two rounds of talks, and another round may be held this week, but no agreement has been reached so far.

USDT, Gold: From Stablecoin to Gold Giant - What is Tether Trying to Do? Golden Finance: The oldest store of value, running on the latest track.

RWA, China's RWA regulatory framework officially announced: Analysis and forecasts from various parties. Golden Finance: Another significant institutional upgrade to China's virtual asset regulatory system.