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)

Backpack CEO Armani Ferrante stated in an article on the X platform that the core principle of Backpack's token economic model is to avoid "insider dumping on retail investors." By design, founders, executives, employees, and venture capitalists should not receive wealth returns through tokens before the product achieves key growth milestones. Backpack currently defines "achieving escape velocity" as achieving its US IPO goal. The IPO may be achieved quickly, slowly, or even impossible, but it will remain a long-term strategic direction. Regarding growth strategy, Backpack Exchange currently only covers approximately 48% of the global market. The company chooses to gradually open up regional markets with a compliance-first approach, including building global banking channels, US dollar customer funding accounts, localized Euro and Japanese Yen funding systems, and expanding its securities and traditional financial product capabilities, aiming to serve both retail users and compliant institutional clients. Regarding the token distribution mechanism, Backpack stated that circulating tokens will be primarily allocated to users and linked to key product and market expansion milestones, such as opening new regions and launching new products, to drive user growth and ecosystem expansion. The company emphasizes that the growth value generated by newly released tokens must consistently outweigh the potential dilution effect. Furthermore, Backpack stated that it has not directly distributed tokens to the team or investors. The team's share will be held in the company's corporate treasury and locked up for at least one year after the IPO. The team is primarily incentivized through holding company equity, while the company holds a significant proportion of the token supply. Its long-term goal is to build a comprehensive financial platform integrating crypto and traditional finance globally.

Blue Owl Capital recently experienced a significant decline in its stock value, driven by skepticism surrounding its private credit investments. Bloomberg posted on X, highlighting that the situation is further complicated by loans taken by the company's founders, which could potentially lead to additional volatility in the stock market. The company's stock plunge has raised questions about the sustainability of its investment strategies, particularly in the private credit sector. Analysts are closely monitoring the situation, as the founders' financial decisions may have broader implications for the company's stability. Investors are advised to remain cautious as the situation develops, with the potential for further fluctuations in Blue Owl Capital's stock prices. The company's management has yet to comment on the impact of the founders' loans on its financial health.

Raízen, a leading sugar and ethanol producer in Brazil, has seen its bonds fall sharply. Bloomberg posted on X that the decline follows the company's announcement of hiring financial and legal advisers to address increasing debt challenges. The move comes as Raízen faces mounting financial pressures, prompting concerns among investors about its ability to manage its obligations effectively. The company's decision to seek external advice highlights the seriousness of its current financial situation, as it navigates through a challenging economic environment.

Nancy Guthrie, the mother of Today host Savannah Guthrie, was kidnapped on February 1 and her family now face paying a $6M BTC ransom. source: https://protos.com/mother-of-olympics-tv-host-kidnapped-for-bitcoin-ransom/

Key Takeaways The AI agent narrative prioritizes trust and neutrality over raw transaction speed. source: https://coindoo.com/why-ethereum-not-faster-chains-is-becoming-the-base-layer-for-ai/

Over the past week, the Tron blockchain network issued 2 billion USDT tokens. According to NS3. AI, this issuance increases the total USDT supply on Tron to approximately 84. 65 billion USDT, accounting for about 45. 87% of the overall USDT market. This development underscores Tron's expanding influence in Tether issuance and stablecoin circulation. source: https://www.binance.com/en/square/post/289819251768034?utm_source=BinanceNewsRSS

Over the past week, the Tron blockchain network issued 2 billion USDT tokens. According to NS3.AI, this issuance increases the total USDT supply on Tron to approximately 84.65 billion USDT, accounting for about 45.87% of the overall USDT market. This development underscores Tron's expanding influence in Tether issuance and stablecoin circulation.

비트마인은 평소처럼 매주 이더리움(ETH) 매입을 진행했습니다. 톰 리는 이더리움 가격이 급격히 반등할 것으로 예상한다고 밝혔습니다. 계속 읽어보세요: 이더리움의 거물 투자가 톰 리가 향후 이더리움의 전망을 공개했습니다! “이런 일은 여덟 번이나 반복됐습니다. 이더리움은 항상 똑같은 방식으로 움직였죠!” source: https://kr.bitcoinsistemi.com/big-bull-tom-lee-reveals-what-he-expects-next-in-ethereum-its-happened-eight-times-before-eth-always-did-the-same-thing/

Glassnode, in an article published on the X platform, stated that Bitcoin has rebounded to $69,000 after a sharp downward revaluation. Overall market positioning remains defensive – spot, derivatives, and on-chain indicators all show caution, and the sustainability of the rebound depends on the recovery of spot demand. Off-chain signals are stabilizing, but market confidence remains weak. Spot and ETF indicators are recovering from lows, while futures and options positions remain defensive, indicating cautious participants and weak risk appetite. On-chain signals are mixed; although the underlying network activity fundamentals have improved, fund flows and profit/loss situations continue to weaken, showing that even with improved network participation, market demand remains weak and profit potential is limited. When Bitcoin's price was $70,000, unrealized losses accounted for approximately 16% of the total market capitalization. The current market pain exhibits a similar pattern to the market structure observed in early May 2022.

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.

The continued rise in public debt and high government debt ratios in major international economies have led to a sustained expansion of global debt. In addition, the short-term nature of debt maturity structures has significantly weakened global debt sustainability and the stability of the financial system.

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?"

The Bitcoin network is being eroded by the proliferation of non-monetary data, and implementing BIP-110 is a necessary measure to clean up the network, restore node health, and thus pave the way for Bitcoin to reach a million-dollar valuation.