On February 22, according to Jin10, the U.S. has imposed new temporary tariffs, invoking Section 122 of the 1974 Trade Act, a provision rarely used in recent times. The stated aim is to fundamentally address the U.S.'s international balance of payments issues, particularly the significant trade deficit. However, the application of Section 122 requires a fundamental problem in the overall balance of payments, not just a trade deficit in goods. This broader assessment includes capital flows and trade in goods and services. Given this context, the new tariffs may face legal challenges, similar to previous instances. Cui Fan, an expert familiar with international trade negotiations, noted that if the U.S. halts these measures or reduces the tariff rates, China might evaluate and adjust its response accordingly. However, if the U.S. continues to impose new tariffs using other legal tools, China will consider whether to take corresponding actions.

On February 22, a prominent crypto whale known as 'pension-usdt.eth' has resumed a leveraged long position on Bitcoin. According to BlockBeats, the whale is currently using a 3x leverage to long 58.12 BTC, with an average entry price of $67,908. Previously, 'pension-usdt.eth' closed a profitable Bitcoin long position, reportedly earning approximately $1 million in a single day.

Ethereum’s largest holder groups are now sitting on unrealized losses, marking the first time in this cycle that every major whale cohort is underwater. On-chain data tracking the unrealized profit ratio shows that wallets holding 1,000–10,000 ETH, 10,000–100,000 ETH, and even 100,000+ ETH are below their aggregate cost basis. source: https://www.ethnews.com/ethereum-whales-all-underwater-for-first-time-this-cycle/

OpenClaw founder Peter Steinberger responded on social media to an incident involving a user being banned from OpenClaw's Discord for mentioning Bitcoin. According to ChainCatcher, Steinberger explained that the server has strict rules, which users agree to follow upon joining, including a complete ban on discussing cryptocurrencies. Steinberger later inquired about the user's account name and indicated that he would manually reinstate the user to the OpenClaw Discord group. source: https://www.binance.com/en/square/post/294300939930914?utm_source=BinanceNewsRSS

OpenClaw founder Peter Steinberger responded on social media to an incident involving a user being banned from OpenClaw's Discord for mentioning Bitcoin. According to ChainCatcher, Steinberger explained that the server has strict rules, which users agree to follow upon joining, including a complete ban on discussing cryptocurrencies. Steinberger later inquired about the user's account name and indicated that he would manually reinstate the user to the OpenClaw Discord group.

Ethereum co-founder Vitalik Buterin has expressed concerns about the current state of the Layer 2 ecosystem, which he describes as fragmented with isolated solutions operating independently. According to NS3.AI, Buterin envisions a new phase that emphasizes rectification and unification, aiming for 'native rollups' that are more closely integrated with the Ethereum mainnet. This proposed shift seeks to address inefficiencies and enhance scalability by promoting stronger synergy among Layer 2 protocols.

Ethereum co-founder Vitalik Buterin has expressed concerns about the current state of the Layer 2 ecosystem, which he describes as fragmented with isolated solutions operating independently. According to NS3. AI, Buterin envisions a new phase that emphasizes rectification and unification, aiming for 'native rollups' that are more closely integrated with the Ethereum mainnet. This proposed shift seeks to address inefficiencies and enhance scalability by promoting stronger synergy among Layer 2 protocols source: https://www.binance.com/en/square/post/294300750215505?utm_source=BinanceNewsRSS

Inference Research raises $20M Seed round led by Avenir Group to launch AI-native quantitative trading bridging digital assets and traditional finance. source: https://catenaa.com/industries/technology/inference-research-secures-20m-seed-round-to-launch-ai-native-quant-trading/

Bitcoin sell-offs can occur independently of direct cryptocurrency news, influenced by a yen-funded carry unwind that leads to cross-asset deleveraging. According to NS3. AI, rapid fluctuations in USD/JPY and signals of official Japanese currency intervention compel risk reductions across leveraged portfolios, affecting Bitcoin liquidity and derivatives. Monitoring foreign exchange volatility, margin stress, and internal crypto market dynamics can aid in predicting these mechanical sell-offs linked to yen carry conditions source: https://www.binance.com/en/square/post/294297425731681?utm_source=BinanceNewsRSS

Bitcoin sell-offs can occur independently of direct cryptocurrency news, influenced by a yen-funded carry unwind that leads to cross-asset deleveraging. According to NS3.AI, rapid fluctuations in USD/JPY and signals of official Japanese currency intervention compel risk reductions across leveraged portfolios, affecting Bitcoin liquidity and derivatives. Monitoring foreign exchange volatility, margin stress, and internal crypto market dynamics can aid in predicting these mechanical sell-offs linked to yen carry conditions.

The new type of encrypted bank is not just about moving banks onto the blockchain, but about reshaping the operational trajectory of funds deposit, spend, increase, and borrow.

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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.

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