Odaily News Binance posted on platform X stating that the recent market-concerned data originated from the third-party platform Coinglass, and similar data discrepancies have previously occurred with DefiLlama. The relevant data is currently expected to require 24 to 48 hours to be restored. Binance believes that regularly conducting withdrawal tests on trading platforms is a positive and healthy practice, and reminds users to carefully verify addresses during testing and confirm accuracy before proceeding with withdrawals. Furthermore, Binance proposes that the industry could consider establishing an annual "Withdrawal Day" for collectively verifying the authenticity of assets across various platforms, aiming to enhance transparency and market trust.
Odaily News: AetherMind, an intelligent network dedicated to building a decentralized resource ecosystem, announced that it has opened token subscription on February 10th, which will last for three days. The project aims to deeply integrate global GPU/TPU computing power through smart contracts and utilize zero-knowledge proofs and cross-chain interoperability to establish a transparent and secure technical foundation for AI inference, training, and data transactions, thereby providing seamless and efficient AI services for every DApp.
Odaily News Citigroup believes the Federal Reserve will start cutting interest rates in May, previously expected in March. (Jin10)
Odaily News: Adam, a macro researcher at Greeks.live, posted on platform X, stating that put options are still dominating the market. Today's BTC block put option trading exceeded $10 billion, accounting for 37%, with out-of-the-money options ranging from $60,000 to $65,000 being the main type. In terms of maturity, the primary focus is on medium-term options for the next month and March, indicating that institutions hold a negative outlook on medium to long-term market trends, with a stronger bearish expectation over the next one to two months.
Odaily News Hyperbot data shows that Machi Big Brother is reducing his 25x leveraged Ethereum long position. The current position is now only 500 ETH, approximately equivalent to $869,000, with a liquidation price of $1,886.59. The account balance is only $43,000, with cumulative losses reaching $25.9 million.
Odaily News Federal Reserve's Schmid stated that the employment report is good news, and further rate cuts could lead to sustained inflation. He cautioned against interpreting last year's labor market as showing cyclical weakness. He suggested that artificial intelligence elements may be necessary to address the slowdown in labor force growth caused by an aging population, low birth rates, and low immigration rates. Structural changes have lowered the level of job creation, and the equilibrium point for employment growth may be around 40,000 to 50,000 new jobs per month. (Jin10)
Odaily News Luxxfolio, a Litecoin treasury company, announced on the X platform that it has increased its holdings by 2,413.464 LTC. As of now, its total holdings have reached 24,439.464 LTC, and the company maintains zero debt. The company also announced that it has deployed 20 Bitmain Antminer L9 16G units to initiate Litecoin mining. Furthermore, it plans to gradually expand its mining operations based on market conditions, equipment availability, and power capacity.
Odaily News According to Coinglass data, over the past 4 hours, the entire network saw liquidations totaling $156 million. Among these, long position liquidations amounted to approximately $91.63 million, while short position liquidations were $64.75 million. Additionally, BTC liquidations reached $72.41 million, and ETH liquidations were $43.21 million.
Odaily News According to a report, U.S. Securities and Exchange Commission (SEC) Chair Paul S. Atkins testified before the House Financial Services Committee on Wednesday, outlining his priorities and emphasizing that the SEC will continue to focus on its core mission of protecting investors, maintaining fair and efficient markets, and facilitating capital formation. He also stressed the need to balance oversight between traditional markets and digital assets. The key points include:
1. Reducing Corporate Compliance Costs: He noted that public companies spend up to $2.7 billion annually on annual report disclosures. He emphasized the need to streamline, modernize, and focus on material information to make disclosures more useful and easier to understand.
2. Supporting IPOs and Capital Formation: He proposed three major initiatives—disclosures centered on material information, depoliticizing shareholder meetings, and providing litigation alternatives for companies—to incentivize innovation and protect investors.
3. Advancing Digital Asset Regulation: The SEC is collaborating with the CFTC on Project Crypto, aiming to develop a token classification system and provide clear regulatory guidance. It is also considering exemptions for on-chain transactions and activities. He supports Congress in advancing the CLARITY Act to establish a federal framework for the crypto market.
4. Reviewing Traditional Regulatory Tools: A comprehensive evaluation of the Consolidated Audit Trail (CAT) system is underway, and measures have already been taken to reduce its annual costs by approximately $92 million.
5. Strengthening Investor Protection and Enforcement: Returning to its fundamental mission, the SEC will focus on combating fraud, insider trading, financial misconduct, and cross-border manipulation. It has established a Cross-Border Enforcement Task Force and suspended trading in stocks of several Asia-Pacific issuers to prevent manipulation.
Odaily News According to Kevin Hassett, Director of the White House Council of Economic Advisers, inflation data will be a key factor influencing the Federal Reserve's decisions. It is entirely possible for GDP to grow by 4% to 5% this year, and the AI boom could boost productivity and economic growth. (Jin10)
Odaily News White House Economic Council Director Hassett stated that he believes the Fed still has ample room to cut interest rates, and high wage growth is driving people into the labor market. (Jin10)
Odaily News Federal Reserve's Schmid stated that further rate cuts could lead to sustained inflation, with real risks of inflation potentially stalling near the 3% level. (Jin10)
Odaily News Fed's Schmid supports keeping interest rates at a "somewhat restrictive" level and suggests that reserve requirements can be reduced and the balance sheet can be shrunk. (Jin10)
Odaily News According to Coinglass data, approximately $84.24 million was liquidated across the entire network in the past hour. BTC liquidations reached $41.71 million, while ETH liquidations reached $23.17 million.
According to monitoring by Lookonchain, a whale deposited another 2,500 BTC to Binance, worth $170 million.

