Today's news highlights:
The Federal Reserve plans to remove 'reputational risk' from regulatory rules, which may alleviate the regulatory pressure of 'de-banking' on crypto companies
Stablecoin payment company RedotPay plans to go public in the U.S. to raise over 1 billion USD
UK media: Trump's 'Peace Committee' plans to promote stablecoins to reshape the Gaza economy
iShares applies to list a stakable Ethereum spot ETF ETHB, planning to trade on NASDAQ
WLFI claims that USD1 has suffered a coordinated attack, hackers have invaded the Lianchuang account and attempted to short without success
The Ethereum Foundation has launched treasury staking, planning to stake approximately 70,000 ETH
Jane Street is sued by Terraform's liquidator, accused of using insider trading to accelerate the collapse
Step Finance's three projects have been shut down simultaneously, and Remora stated that rToken can be redeemed for USDC and is fully supported 1:1.
Macro & Regulation
The Federal Reserve plans to write the removal of 'reputational risk' into regulatory rules, which is expected to alleviate the regulatory pressure faced by crypto enterprises being 'debanked.'
Following previous measures to remove reputational risk from bank regulation, the Federal Reserve Board on Monday sought public comments on a proposal aimed at formally writing this removal into law, with a 60-day comment period. The proposal aims to formally exclude 'reputational risk' from bank examination/regulation and reiterates that banks should not be punished or 'debanked' for customers engaging in legal activities. Vice Chairman Bowman stated that there have been cases of 'debanking' due to political/religious reasons or legal but unpopular industries. Bitcoin Magazine states that this move is expected to alleviate regulatory pressure faced by crypto enterprises being 'debanked.'
The UK court allows victims of Blue Sky Grey to register evidence with the High Court by May 22.
According to Caixin, the UK High Court held an asset disposal hearing for a case involving the laundering of about 60,000 Bitcoins from February 16 to 17, with over 11,300 claimants from China, accounting for about 8.8% of the 128,400 victims. The related Bitcoin funds stem from the illegal public deposit case of Tianjin Blue Sky Grey Electronic Technology Co., Ltd. The main perpetrator, Qian Zhimin, fled to the UK with the coins, triggering anti-money laundering reviews due to the purchase of luxury houses, and was ultimately sentenced to 11 years and 8 months in prison. The UK, under the Proceeds of Crime Act, allows Blue Sky Grey victims to register evidence with the High Court by May 22 to claim rights to the frozen assets.
British media: Trump's 'Peace Committee' plans to promote stablecoins to reshape the economy of Gaza.
According to the Financial Times, five informed sources revealed that officials working with Trump's 'Peace Committee' are exploring the establishment of a stablecoin for Gaza to reshape the economy of the war-torn Palestinian enclave. Discussions around introducing a stablecoin remain in the early stages, with many details still to be determined about how it will be implemented in Gaza. However, officials have discussed this concept as part of future plans for the enclave. One informed source stated that this stablecoin is not expected to be 'Gaza Coin' or a new Palestinian currency but a tool for the people of Gaza to achieve digital transactions.
An employee of a certain cryptocurrency investment company in Hong Kong has been arrested for stealing over 20 million HKD in USDT from clients.
According to Sing Tao Daily, about 20 clients reported losing 2.67 million USDT to a Hong Kong investment company providing cryptocurrency settlement platforms, with cumulative losses of about 20.87 million HKD. After the police launched an investigation, a 34-year-old network engineer with the surname Choi from the company was arrested yesterday. He allegedly used his position to gain unauthorized access to the company's database, check customer account information, and is suspected of stealing cryptocurrency assets. The case is now being handled by the ninth team of the criminal investigation unit of the Yau Tsim Police District in Hong Kong, and several officers have arrived at the company to collect evidence.
Trump: As president, I do not have to seek approval from Congress for tariffs.
According to Jin10, US President Trump stated on social media that as president, he does not need to return to Congress to obtain approval for tariffs. These tariffs have long been approved in various forms, and this has been the case for a long time. Even that absurd and flawed Supreme Court ruling has once again confirmed this.
Earlier news: Trump: Any country trying to 'play tricks' with the Supreme Court ruling will face higher tariffs; Trump: other tariffs can be used in a more powerful and more brutal way.
Federal Reserve Governor Waller: Supporting a March interest rate cut or maintaining rates is akin to a 'coin toss' situation.
According to Jin10, Federal Reserve Governor Waller stated that his position supporting a March interest rate cut or maintaining rates is akin to a 'coin toss' situation and will heavily depend on February employment data. January employment data exceeded expectations, and if February continues, it may be appropriate to maintain rates.
Project Updates
The Ethereum Foundation has initiated treasury staking, planning to stake about 70,000 ETH.
The Ethereum Foundation announced that it has begun staking part of its ETH treasury according to the treasury strategy published by the UAE, initially staking 2,016 ETH, with plans to stake a total of about 70,000 ETH. The staking yields will flow back to the foundation's treasury. This staking uses the open-source software Dirk and Vouch provided by Attestant, employing multi-signature, multi-jurisdictional operations, and a hybrid deployment of self-hosted and custodial infrastructure to reduce single points of failure risk, while using a small number of clients to enhance Ethereum network security, and provide funding support for core operational activities such as protocol development, ecological development, and community funding.
Backpack launched a token equity program: users staking tokens for at least one year can exchange company equity at a fixed ratio.
Backpack CEO Armani Ferrante posted on the X platform, stating that he entered the cryptocurrency space nine years ago not to issue 'junk coins' or get rich quick, but because he believes the industry will change the world. However, through multiple rounds of bull and bear markets, decentralized hype, and scams, the industry has gradually deviated from its original intention, with most project promises being unfulfilled, merely 'commitments.' The more centralized it is, the more limited the token's value. Aside from Bitcoin, Ethereum, and a few public chains, the actual utility of the vast majority of tokens remains talk. To address this issue, Backpack launched an innovative token model: users staking their platform tokens for at least one year can exchange company equity at a fixed ratio, with the current share being 20%. This is the first case where users can obtain company equity just by using the product, reflecting a long-term commitment to the community.
Better and Framework Ventures have reached a $500 million stablecoin partnership to promote mortgage tokenization.
According to Cointelegraph, the cryptocurrency venture capital firm Framework Ventures has partnered with mortgage service company Better to provide approximately $500 million in credit support for its stablecoin ecosystem by integrating with the DeFi protocol Sky (formerly MakerDAO), and to issue tokens linked to mortgage loans to generate returns. Framework also agreed to acquire a 10% stake in Better for approximately $45 million. The initial mortgage tokens will be open only to qualified investors, and Better plans to launch a product called 'Home Token' for retail investors later, with the timeline yet to be disclosed. Better stated that on-chain financing can reduce intermediary levels and financing costs, thus providing consumers with lower interest rates on mortgage loans.
iShares applies to list a physically backed Ethereum spot ETF ETHB, intending to trade on Nasdaq.
U.S. SEC filings show that BlackRock's iShares submitted a revised S-1 to launch the 'iShares Staked Ethereum Trust ETF' (code ETHB) and list it on Nasdaq. This trust is a statutory trust under Texas law, primarily holding ETH, and will participate in Ethereum staking through third-party nodes like Coinbase, obtaining staking rewards, without affecting its status as a grantor trust for tax purposes, with about 70%-95% of assets. The product adopts a basket redemption mechanism for 40,000 shares, supporting cash or physical ETH redemptions, and only authorized participants can directly redeem with the trust. The base fee rate is an annualized 0.25%, reduced to 0.12% for the first 12 months for the first $2.5 billion in assets. The trust is expected to continue to issue shares under controllable risk.
Binance will delist certain trading pairs and automatically close related positions on February 26.
Binance will remove full-margin and isolated-margin trading pairs for related cryptocurrencies such as ALCX at 14:00 on February 26, 2026 (East Eight Time), including POL/USDC, ALCX/USDT, SAPIEN/USDC, PNUT/USDC, ARKM/USDC, BROCCOLI714/USDC, OPEN/USDC, CKB/USDC, HOLO/USDC, FIL/BTC.
Step Finance's three projects have been shut down simultaneously, and Remora stated that rToken can be redeemed for USDC and is fully supported 1:1.
According to a statement released by Step Finance/Remora Markets/SolanaFloor on X, Step Finance, SolanaFloor, and Remora Markets will immediately cease operations on February 24, 2026 (UTC+8); Step stated that its attempts to secure funding and acquisitions after a hacking incident at the end of January were unsuccessful. Step will proceed with the STEP buyback according to snapshots taken before the incident; Remora stated that all rTokens are still fully supported 1:1, and redemption processes are being formulated for holders to exchange for USDC; SolanaFloor will stop updating but the website, videos, and communications will remain as archives.
The Ethereum Foundation established a DeFi team to promote the development of the 'DeFipunk' protocol.
According to The Block, the Ethereum Foundation has established a new DeFi team under App Relations to support the development of new protocols that align with the 'DeFipunk' concept, appointing former DELV CEO and former MakerDAO governance architect Charles St. Louis as a DeFi protocol expert, and Gearbox Protocol co-founder Ivan (ivangbi) as a DeFi coordinator.
Jane Street is being sued by the liquidators of Terraform, accused of using insider trading to accelerate the collapse.
According to The Wall Street Journal, Todd Snyder, the court-appointed administrator responsible for liquidating Terraform Labs founded by Do Kwon, has sued market maker Jane Street, its co-founder Robert Granieri, and employees Bryce Pratt and Michael Huang. The lawsuit accuses Jane Street of trading using non-public information obtained from Terraform insiders to profit illegally and accelerate the collapse of the Terraform ecosystem. Snyder is seeking damages from the aforementioned defendants.
IoTeX offers a 10% bounty to cross-chain bridge hackers, seeking to recover approximately $4.4 million in stolen funds.
IoTeX sent an on-chain message to the attackers, promising to return the funds within 48 hours for a reward of about 10% (approximately $440,000) as a white hat bounty, and will not pursue legal responsibility or provide identifying information to law enforcement. The project team claims to have fully tracked the flow of funds, marked and frozen related exchange deposit addresses, identified four Bitcoin addresses holding about 66.6 BTC, and will introduce a blacklist for malicious addresses through the mainnet v2.3.4 upgrade.
Bloomberg: CZ is still the majority shareholder of Binance.US and may explore deeper banking partnerships.
According to Bloomberg, CZ is still the majority shareholder of Binance.US, which is an exchange based in the United States operating under the Binance brand, and has its own management team. CZ expressed hopes to conduct more business in the U.S., introducing high-quality products and making it easier for American consumers to access these high-quality products. However, he clarified that his remarks are only directed at Binance.US, not the global exchange Binance, and he also stated that his expertise mainly lies in technology rather than regulatory areas. CZ pointed out that given the improvement in the regulatory environment, some previously seemingly unattainable options, including deeper banking partnerships, are now 'completely feasible,' but he emphasized that any such initiatives depend on the right team and legal guidance.
World Liberty Fi co-founder: USD1 has achieved 100% reserve support and can be verified at any time.
Zach Witkoff, co-founder and CEO of the Trump family's cryptocurrency project World Liberty Fi, posted on the X platform stating that USD1 aims to set a new standard, achieving complete reserve support and high transparency under a compliance framework, and stated that the team is 'proud to be the most transparent stablecoin in the market' and has achieved 100% asset support and 100% verifiability, while also emphasizing that users can verify the 1:1 asset support of USD1 at any time.
WLFI claimed that USD1 suffered a coordinated attack, with hackers breaching co-founders' accounts and attempting to short without success.
WLFI posted on the X platform stating that USD1 encountered an organized attack this morning. The attackers allegedly hacked multiple WLFI co-founders' accounts, paid influencers to spread panic information (FUD), and massively shorted $WLFI, attempting to profit from the artificially created market chaos. WLFI stated that this action was unsuccessful. Thanks to the robust minting and redemption mechanism of USD1 and 100% 1:1 asset support, USD1 remains stable and trades near par value. The team emphasized that no illegal entity can shake its long-term commitment to USD1. WLFI also reminded users to obtain accurate information only through officially verified channels to guard against misleading content.
Trump's second son is suspected of deleting a previously retweeted WLFI tweet, causing WLFI to briefly drop.
Trump's second son, Eric Trump, co-founder of World Liberty Financial, deleted his previously retweeted tweet 'More USD1 trading pairs will be listed on Binance', which may have caused WLFI to briefly drop over 4%, with the USD stablecoin USD1 briefly de-pegged to 0.9802 USDT.
Binance will conduct wallet maintenance on the Ethereum network on February 24.
According to the official announcement, Binance will conduct wallet maintenance on the Ethereum network (ETH) on February 24, 2026, at 14:00 (East Eight Time). To support this maintenance, Binance will suspend deposit and withdrawal services for the Ethereum network (ETH) at 13:55 on February 24, 2026 (East Eight Time). The maintenance is expected to take 1 hour, and deposit and withdrawal services will be automatically restored after completion.
Binance Alpha will launch an airdrop today at 18:00, with users holding at least 256 points eligible to claim.
Binance announced that it will launch the 'Binance Alpha Airdrop' claiming event today at 18:00 (UTC+8), and users holding at least 256 Binance Alpha points can claim token airdrops on a first-come, first-served basis until the airdrop pool is exhausted or the event ends. The announcement did not disclose specific airdrop token types.
Upbit listed Espresso (ESP), opening KRW, BTC, and USDT trading pairs.
The South Korean cryptocurrency exchange Upbit announced that it will list the digital asset Espresso (ESP) and open trading markets for KRW, BTC, and USDT.
Upbit listed SKR (Seeker) trading pairs for KRW, BTC, and USDT.
South Korean exchange Upbit announced the listing of SKR (Seeker), supporting KRW, BTC, and USDT trading pairs, based on the Solana network.
Analysis & Opinions
F2Pool co-founder Wang Chun: ETH rebounded to $4,956 within four months, and investors should not be swayed by short-term panic.
F2Pool co-founder Wang Chun responded on the X platform regarding the recent fluctuations in the cryptocurrency market, stating that Ethereum once fell to $1,386 in April 2025, but just four months later rebounded to $4,956. He emphasized that the market is cyclical, and investors should not be swayed by short-term panic.
Analysis: Bitcoin prices maintain in the $66,000–$70,000 range, and the cryptocurrency market is gradually entering a balanced consolidation phase.
Bitfinex Alpha's latest report indicates that Bitcoin has been consolidating in the $66,000–$70,000 range since its drop on February 5, marking the deepest retracement in this cycle, with narrowed volatility and weakened momentum, indicating that the market is shifting from a liquidation-driven downturn to a more balanced consolidation environment. On-chain data shows that most of the recent declines have been absorbed by the demand zone around $60,000–$69,000, where these near breakeven holders have not accelerated their sell-offs, helping to stabilize prices and form a sideways pattern. Institutional fund flows remain cautious, with Bitcoin ETFs experiencing a net outflow of about $166 million in the past week, and Ethereum-related products also continuing to be redeemed, indicating that sustained accumulation has not yet returned. Although weekend inflows provided initial stabilization signals, overall liquidity remains low.
Standard Chartered: Stablecoins may drive $1 trillion demand for U.S. Treasuries, and the U.S. Treasury may adjust the issuance structure.
According to The Block, stablecoin issuers are becoming the potential largest buyers of U.S. Treasury bills (T-bills), which is expected to profoundly impact the U.S. debt financing landscape in the coming years. According to Standard Chartered Bank analysis, as the market capitalization of stablecoins may reach $2 trillion by the end of 2028, issuers will create an additional demand of about $0.8 to $1 trillion for short-term U.S. Treasury bills as reserve assets. If the current issuance model remains unchanged, this demand could lead to a supply-demand gap of approximately $0.9 trillion in U.S. Treasury bills over the next three years. Currently, stablecoin supply is about $300 billion, with growth slowing due to a sluggish crypto market and slow regulatory progress on the (GENIUS Act), but analysts believe this is a cyclical rather than structural factor. The (GENIUS Act) requires U.S. regulators to hold high-quality liquid assets for stablecoins, with short-term government bonds becoming central.
CryptoQuant warns that USDT liquidity is under extreme pressure, and the Bitcoin price may be approaching a bottom.
CryptoQuant posted on the X platform analyzing that USDT is currently under extreme liquidity pressure, similar to the market bottom in 2022, while the net inflow of stablecoin exchanges has decreased from a peak of $616 million in November 2025 to $27 million, indicating weakened marginal buying power, 'liquidity deployable to the crypto market is shrinking.' Additionally, predictive market data shows that traders are increasing bets on Bitcoin's further decline, with the probability of Bitcoin dropping below $55,000 on the decentralized prediction platform Polymarket rising to 72%, and related contracts' total trading volume reaching $1.2 billion. Moreover, the probabilities of dropping below $50,000 and $45,000 are 67% and 47%, respectively, with corresponding trading volumes of approximately $170,000 and $1.4 billion.
Analysis: Bitcoin has risen to $66,000, the fear index lingers at low levels, and bottom-buying momentum is emerging.
According to CoinDesk, as macro uncertainty continues to disturb the market, signs of stabilization have appeared in pre-market trading of cryptocurrency and related stocks. Bitcoin briefly dropped to $64,400 on Sunday, then rebounded and re-established above the $66,000 mark. Previously, U.S. President Donald Trump's proposed new round of tariff plans and tensions between the U.S. and Iran suppressed overall risk appetite. As the publicly traded company holding the most Bitcoin globally, Strategy (MSTR) saw a pre-market drop of about 2%. The company is about to announce its 100th Bitcoin purchase since launching its BTC treasury strategy in 2020. Chairman Michael Saylor has long led its Bitcoin allocation strategy.
Analysis: Binance's BTC inventory has risen to a nearly four-month high, and expectations of selling pressure from exchanges are increasing.
According to CoinDesk, on-chain analytics platform CryptoQuant shows that the Bitcoin balance associated with Binance's wallets rose to 676,834.84 coins (approximately $44.53 billion) last Sunday, the highest level since November 2024, increasing by about 9.3% from last year's low of 618,782 coins. It is currently unclear whether the related assets have been sold, but the market saw a drop on Monday during the Asian early trading session, with Bitcoin falling from $67,600 to $64,400, before rebounding slightly to around $65,850. Analysts point out that an increase in exchange Bitcoin balances is usually seen as a potential selling pressure signal, indicating that investors may be preparing to sell assets or use them as margin for derivatives trading, both of which typically exacerbate price volatility.
QCP: BTC breaking through key levels triggered long liquidations, miners under pressure and ETF basis liquidation reshaping the market landscape.
QCP Group's latest report analyzes that under the condition that Bitcoin prices are still significantly below the average mining cost, pressure on miners is apparent, and liquidity is prioritized over hoarding strategies, with Bitdeer having liquidated its Bitcoin reserves, marking the latest signal of miners de-risking and some shifting towards AI sectors. Bitcoin fell below $65,000 during the morning session today, triggering about $230 million in long liquidations, as the market is under pressure while digesting a new round of tariff risks. U.S. President Trump raised global tariffs from 10% to 15%, further exacerbating the cooling of macro risk appetite. However, the market is not entirely bearish; this round of liquidations was noticeably milder compared to earlier this year, and the market's response to news events has been more restrained.
Metaplanet CEO: The AI economy is giving rise to digital capital, and Bitcoin may become the preferred store of value for machines.
Metaplanet CEO Simon Gerovich posted on the X platform, stating that the gains from productivity booms are almost entirely flowing to owners of computing and capital, rather than laborers or governments. He stated: 'Every company holding cash or bonds is extracting from a tax base that is disappearing, and the system's response will be to print money. This trend is accelerating.' Simon Gerovich further emphasized that AI agents do not have bank accounts or brand loyalty, and when machines optimize the financial system, they will bypass traditional banking systems and payment networks, opting to use digital assets for transactions. When value storage is needed, AI will not park in money market funds but will hold digital capital—especially Bitcoin. As the AI economy expands, digital assets may become the primary means of value storage in the machine age.
Analysis: Bitcoin volatility intensifies, investors chase put options to cope with tariffs and uncertainty.
According to CoinDesk, Bitcoin experienced significant fluctuations on Monday, rebounding from $64,270 to $66,300, with market liquidity being low. In the derivatives market, leverage demand remains sluggish, with total open interest in cryptocurrency futures staying below $100 billion for two consecutive weeks. Investors continue to allocate futures tied to traditional assets, with Tether Gold's open interest increasing by 14% in 24 hours, and traders are also actively chasing Bitcoin put options, with strike prices concentrated at $58,000, $60,000, and $62,000, indicating that Trump's tariff plan has increased market uncertainty. Bitcoin and Ethereum's put options are at a premium to call options across all maturities, reflecting that downside risks still exist.
Investment and Financing
Stablecoin payment company RedotPay plans to raise over $1 billion through an IPO in the U.S.
According to Bloomberg, Hong Kong stablecoin payment company RedotPay is considering an IPO in the U.S. to raise over $1 billion. Sources say RedotPay has partnered with JPMorgan, Goldman Sachs, and Jefferies to advance the listing process, which could be listed in New York as early as this year, aiming for a valuation of over $4 billion. The relevant plans are still under discussion, and details such as fundraising scale and valuation may be adjusted.
Stablecoin payment infrastructure Rhythmic has completed a $4 million seed round of funding, led by Dragonfly and HadickM.
Former payment and digital asset practitioner Aaron announced that his company Rhythmic has completed a $4 million seed round of funding, led by Dragonfly and HadickM, with participation from Mirana, The Fintech Fund, and others. Rhythmic is building a financial infrastructure platform for consumer internet companies, allowing accounts, storage, cards, and reward systems to be embedded in products in a 'native' form, with stablecoins facilitating the flow and settlement of funds at the base layer. The user interface only reflects 'holding balances, earning rewards, and any consumption,' without direct interaction with wallets or the concept of 'using stablecoins.' This round of funding will be used to improve the core platform, connect with the first batch of partners, and expand the engineering and compliance teams.
10x Research: Ethereum is at a critical turning point, and investors need to cautiously assess whether it is a cyclical bottom or structurally damaged.
The crypto research institution 10x Research posted on the X platform stating that the Ethereum treasury company Bitmine is currently facing approximately $8.8 billion in paper losses, exceeding the $8 billion loss scale of customers at the initial stage of the FTX collapse. The company's large-scale accumulation of ETH amid declining demand and the ETH price approaching April 2021 levels has further intensified market controversies. This comparison highlights the potential divergence in capital allocation results and how timing and governance decisions determine the ultimate ownership of long-term value creation. At this stage, Ethereum is under a critical test of valuation and fundamentals, and the market needs to judge whether its current slump is a cyclical bottom or if it is facing deeper structural damage.
Based completed a $11.5 million Series A funding round, led by Pantera Capital.
According to The Block, Based, a web trading and payment application built on Hyperliquid infrastructure, announced the completion of a $11.5 million Series A funding round, led by Pantera Capital, with participation from Coinbase Ventures, Wintermute Ventures, and Karatage. Based reported having over 100,000 registered users, 30,000 monthly active users, a total trading volume of approximately $40 billion, and nearly $14 million in cumulative revenue. The company plans to expand its AI-driven 'agentic commerce' business and extend into the North American market, with this funding round reportedly starting in Q4 2025 and concluding last week, structured as equity investment plus token warrants.
Institutions
Strategy disclosed spending $39.8 million last week to increase its position by 592 BTC.
According to market news: Strategy disclosed spending $39.8 million last week to increase its position by 592 BTC, with an average purchase price of $67,286.
Strategy currently has a floating loss of $7.059 billion, and Bitmine has a floating loss of $8.208 billion.
According to on-chain analyst Yu Jin's monitoring, Bitcoin treasury company Strategy (MSTR) purchased 592 BTC (worth $39.8 million) at around $67,286 last week. They now hold a total of 717,722 BTC (worth $47.501 billion), with an average cost price of $76,020, showing a floating loss of $7.059 billion. Ethereum treasury company Bitmine (BMNR) purchased 51,162 ETH (worth $9.94 million) at around $1,943 last week. They now hold a total of 4,422,659 ETH (worth $8.504 billion), with an average cost price of $3,779, showing a floating loss of $8.208 billion.
Continue Capital deposited 812,000 HYPE into Bybit, worth $22.2 million.
According to on-chain data monitoring, Continue Capital deposited 812,000 HYPE into Bybit 10 minutes ago, worth $22.2 million.
Important Data
The Bitcoin spot ETF saw a net outflow of $204 million in a single day, with IBIT leading the outflow.
According to SoSoValue data, yesterday (February 23, Eastern Time; February 24, Beijing Time), the Bitcoin spot ETF had a total net outflow of $204 million; VanEck HODL had the largest net inflow of $6.35 million, while BlackRock IBIT had the largest net outflow of $116 million. The current total AUM of ETFs is approximately $80.738 billion, with a cumulative net inflow of $53.809 billion, and a net asset ratio of approximately 6.26%.
Vitalik has cumulatively sold 10,723 ETH since February 2.
Spot gold has risen above $5,190 per ounce, and spot silver has surged 4% on the day.
A newly created wallet withdrew 500 BTC from Binance, worth $32.9 million.
A certain whale deposited 650.76 BTC into Gemini after being silent for three years; if sold, they would profit $25.37 million.
A certain whale deposited 13,249.5 ETH into OKX after being silent for five days.
Big Brother Ma has placed 25 limit sell orders for Ethereum in the $1,965-$2,050 range and has increased long positions.