Trader Michaël Van De Poppe believes Bitcoin is currently undervalued, presenting a rare buying opportunity akin to significant past bear market lows. According to NS3.AI, Van De Poppe points to on-chain and technical data showing Bitcoin is the most oversold since 2018. He notes a consolidation phase is underway before an anticipated increase in volatility. Despite recent price declines, Van De Poppe suggests that accumulating Bitcoin at these lower levels could be advantageous for long-term investors.

The Bitcoin network's average hashrate experienced a modest rise of 0.89% this week, reaching 1055 EH/s. According to NS3.AI, this increase comes as U.S.-listed Bitcoin miner Abits Group successfully raised $2.1 million through a private placement. In other developments, Bitcoin miner IREN is set to be included in the MSCI USA Index, marking a significant milestone for the company. Meanwhile, Hive reported a substantial 219% increase in revenue, although it faced a net loss attributed to accelerated depreciation.

Hong Kong's latest budget proposal includes several initiatives aimed at enhancing the tourism sector, such as replacing the long-standing 'Symphony of Lights' with a new light and shadow show. According to RTHK, Secretary for Culture, Sports and Tourism, Lo Suk-pui, announced at a press conference that the new show is expected to launch in the second half of this year, marking the end of the 'Symphony of Lights' after over 20 years. The government is considering organizing a farewell event for the iconic show. Lo explained that significantly altering the 'Symphony of Lights' would require extensive discussions with participating buildings, which could be inefficient. In contrast, the new light show offers flexibility in changing its content and can be tailored to various festive occasions, such as the Mid-Autumn Festival and Halloween. The Tourism Board is exploring the possibility of hosting the show at The Peak to enhance the appeal of traditional attractions. Lo noted that the show will not be held nightly, which could increase tourist interest. Details regarding the cost will be provided by the Tourism Board at a later date. Lo also highlighted the strong performance of Hong Kong's tourism industry last year, with nearly 50 million visitors, a 12% increase from the previous year. Non-mainland visitors rose by 15%. During the recent Mainland China Spring Festival Golden Week, approximately 1.77 million tourists visited Hong Kong, a 14% increase compared to the same period last year. It is projected that the total number of visitors to Hong Kong this year will reach 53.8 million, an 8% rise from last year.

Hong Kong's technology stocks have shown continued strength, with SenseTime (00020.HK) surging over 7% and Bilibili (09626.HK) rising more than 3%. According to Jin10, other major players like Tencent Holdings (00700.HK) and Meituan (03690.HK) also experienced gains, contributing to the positive momentum in the sector.

SpaceX CEO Elon Musk has emphasized the importance of achieving two flawless ocean soft landings before attempting to capture the spacecraft using a tower. According to Jin10, Musk highlighted that the risk of the spacecraft disintegrating on land must be minimized to ensure safety. This approach underscores SpaceX's commitment to refining its landing techniques and reducing potential hazards associated with land-based recoveries.

The Iranian Armed Forces have issued a stern warning that any imprudent actions in West Asia could lead to significant conflict in the region. According to Jin10, this statement underscores the heightened tensions and potential for escalation in an already volatile area. The warning comes amid ongoing geopolitical challenges and reflects Iran's stance on maintaining regional stability. The Iranian military's message serves as a reminder of the delicate balance of power and the potential consequences of missteps in West Asia.

The U.S. aircraft carrier 'Ford' is nearing the coast of Israel. According to Jin10, this development marks a significant geopolitical movement in the region. The presence of the carrier is expected to influence regional dynamics and security considerations. The deployment of the 'Ford' underscores the strategic interests of the United States in maintaining stability and supporting allies in the area. This move comes amid heightened tensions and ongoing geopolitical challenges in the region.

Fabric Foundation 宣布，ROBO 申领门户将于 2 月 27 日 17:00（北京时间）正式开放。符合资格且已签署相关条款与条件的用户，可在 3 月 13 日 11:00（北京时间）前完成 ROBO 代币申领。

Stacy Muur posted on X. SUI has experienced a notable week in terms of institutional access. 21Shares has introduced TSUI, a spot SUI ETF, which is now available on the New York Stock Exchange. This development marks a significant step for SUI, enhancing its visibility and accessibility to institutional investors.

Cobo co-founder and CEO Shenyu recently commented on social media about the transformative impact of AI Agents on corporate structures. According to Odaily, Shenyu emphasized that the disruption will not target individual skills but rather the management systems centered around standard operating procedures (SOPs). Shenyu highlighted that traditional companies rely on SOPs to standardize human processes. However, integrating AI with autonomous planning capabilities into existing workflows might lead to inefficiencies. In the future, companies may restructure processes around 'intent and boundaries,' with humans setting goals and rules, AI optimizing execution, and humans overseeing and making decisions. As AI involvement increases, Shenyu believes departmental barriers and middle management roles may diminish, potentially leading to more efficient dynamic collaboration models within organizations.

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