Odaily News Cryptocurrency asset management firm Grayscale pointed out in its latest report that Bitcoin's recent decline to around $60,000 resembles a pullback in high-growth tech stocks more than the safe-haven pattern familiar to gold investors. This indicates that Bitcoin, at its current stage, still behaves more like an emerging technology asset rather than a mature store of value. While Bitcoin possesses characteristics such as a fixed supply and a decentralized network, making it a potential long-term store of value, its 17-year history pales in comparison to gold's millennia-long monetary role. Grayscale believes that regulatory progress for stablecoins and tokenized assets, innovation in blockchain infrastructure, and the development of platforms like Ethereum, Solana, and Chainlink could drive the next phase of adoption for Bitcoin and crypto assets. Meanwhile, if Bitcoin can address issues such as scalability, transaction fees, and quantum resistance, its volatility may decrease, its correlation with the stock market may weaken, and its future performance could more closely resemble that of "digital gold." (CoinDesk)

Odaily News LMAX Group announced the launch of Omnia, a cross-asset exchange that connects forex, cryptocurrency, stablecoins, and blockchain settlement through a single API. It is reported that the platform offers round-the-clock real-time currency conversion, cross-border transfers, and settlement services via traditional rails or blockchain. LMAX stated that the platform allows users to directly trade any asset 24/7, with settlements possible through traditional financial channels or blockchain. Its target clients are payment companies, wealth management institutions, custodians, and other similar entities seeking cross-border and cross-asset-class value transfer. (The Block)

Odaily News U.S. December Retail Sales Month-over-Month 0%, Expected 0.4%, Previous 0.60%. (Jin10)

Odaily News According to official information, the Gate DeFi Zone will launch Superform (UP) spot trading at 01:00 (UTC+8) on February 11. Superform (UP) will also be listed on the Flash Exchange platform at 02:00 (UTC+8).

According to market news: In a recent interview, Michael Saylor, founder of MicroStrategy, stated that despite short-term price pressures, Bitcoin's returns over the next 4–8 years are expected to be 2–3 times those of the S&P 500 index. He pointed out that the current volatility provides opportunities for strategic accumulation, and MicroStrategy will continue to accumulate Bitcoin assets as planned.

Odaily News: ADP report data shows that U.S. private sector employment grew by an average of 6,500 per week in the four weeks ending January 24. (Jin10)

Odaily News According to market sources: Michael Saylor stated that Strategy will purchase Bitcoin every quarter.

Odaily News: According to market sources, Michael Saylor, the founder of MicroStrategy, stated that the company will not sell its Bitcoin holdings.

Odaily Goldman Sachs CEO Solomon stated that macroeconomic conditions are very favorable for risk assets. He expects mergers and acquisitions (M&A) and capital markets to perform strongly in the coming years, with M&A and capital market activities currently experiencing quite favorable tailwinds, despite uncertainties in trade, inflation, and geopolitics. (Jin10)

Odaily News According to on-chain data analysis platform Bubblemaps, @beaverd, the winner of X platform's $1 million creator article competition, has been found to be the suspected operator of addresses involved in multiple Memecoin pump-and-dump schemes, with estimated historical profits of around $600,000. Bubblemaps stated that after tracking their public address, it was discovered that their associated wallet (2mQB8o) had issued the token SIAS on Pump.fun. The market cap of this token once rapidly surged to approximately $6 million before plummeting to zero within a short period, and the related social media accounts were also deleted.

It is reported that @beaverd recently won a $1 million prize for the best article on the X platform and has gained significant attention within the crypto community due to their Web3-native identity and Milady NFT profile picture.

Odaily News Polymarket has announced a collaboration with Kaito AI to expand into the "attention market," allowing users to predict the popularity and public sentiment of trends, brands, and individuals. Polymarket's trading volume exceeded $1 billion in January, and the partnership with Kaito AI will support its expansion into the "attention market." (Forbes)

Odaily News Gate has launched USD1, issued by World Liberty Finance on the Aptos network. Users can deposit and withdraw USD1 via the Aptos network on Gate, enjoying the benefit of zero Gas fees for withdrawals. Concurrently, Gate's CoinBalance has launched an additional USD1 reward pool. During the promotional period, users subscribing to APT fixed-term wealth management products can receive up to a 15% additional USD1 reward as an annualized bonus, with a maximum comprehensive annualized return reaching 15.95%.

Odaily News Blockchain.com announced today that it has officially registered with the UK Financial Conduct Authority (FCA), obtaining approval to operate crypto asset businesses. This includes providing brokerage, custody, and institutional-grade cryptocurrency services in the UK. The company secured a MiCA (Markets in Crypto-Assets) license last year, enabling it to offer crypto services under a unified regulatory framework across all 30 European Economic Area (EEA) countries. (PRNewswire)

Odaily News Seven local police officers, in collusion with five other men, broke into a residence in Kajang, Selangor late at night, intimidating and extorting Chinese tourists. They ultimately forced the victims to transfer approximately 200,000 Malaysian Ringgit (roughly equivalent to 352,000 RMB) via cryptocurrency. Police launched an investigation and swiftly took action, successfully arresting the implicated officers. Sources revealed that the incident occurred around 11 PM on February 5th at a residence in the Country Heights area of Kajang. That night, eight Chinese tourists were resting inside the house when they were suddenly confronted by 12 men who forced their way in. Among them were individuals wearing police reflective vests who presented police identification, claiming to be officers. After entering the premises, the group forcibly inspected everyone's mobile phones and laptops, copied relevant data, demanded and photographed passport information, and accused the tourists of being involved in fraudulent activities in Cambodia. However, after inspection, the police found no evidence of any illegal activity, and passport records showed that the Chinese tourists inside the house had never traveled to Cambodia.

The implicated police officers still threatened the Chinese tourists, demanding a payment of 400,000 Malaysian Ringgit (roughly equivalent to 705,000 RMB), otherwise they would report them to the immigration authorities, leading to their arrest. Fearing for their safety and concerned about the well-being of their female companions, one of the victims sought help from their employer back in China. Ultimately, following the suspects' instructions, they transferred approximately 200,000 Malaysian Ringgit (roughly equivalent to 352,000 RMB) to a specified cryptocurrency wallet. After the transfer was completed, the suspects quickly left the scene, warning the victims before departing that they must vacate the residence within two days, or else they would return. (Cover News)

Odaily News According to on-chain analyst Yu Jian's monitoring, a whale/institution transferred 85.71 million USDC from Tron via cross-chain to open a 100,000 ETH long position ($201 million):

1. Address 0xa5B0...1D41 used $55 million USDC to open a 60,000 ETH long position ($120 million), with an entry price of $2,060 and a liquidation price of $1,329.

2. Address 0x6C85...84F6 used $30.71 million USDC to open a 40,000 ETH long position ($80.54 million), with an entry price of $2,039 and a liquidation price of $1,299.

Odaily News: Sonic Labs founder Andre Cronje posted on X, stating, "Derivatives platform Flying Tulip will launch two products: ftUSD and margin accounts. These products will support cross-chain liquidity, enabling leveraged spot trading and total return swaps."