Odaily News Ethereum consensus layer core contributor Greg posted on the X platform, disclosing the inside story behind the resignation of Ethereum Foundation Executive Director Tomasz Stańczak. He stated that he was not surprised by this event, as long-standing power struggles have existed within the Ethereum Foundation. The organizational inertia of "this is how the Ethereum Foundation operates" has made reforms difficult to implement. Over the past year, key figure Vitalik Buterin has been absent for most of the time, leading to issues such as inefficient resource allocation and stalled projects within the Foundation.

The internal reforms promoted by Tomasz Stańczak were not widely accepted, which may have led to his departure. In reality, he possesses deep industry experience, including backgrounds at Nethermind, Flashbots, and in venture capital. Although potential conflicts of interest were disclosed in advance, some community members still had doubts. Furthermore, Tomasz Stańczak genuinely wished to return to technical development, but likely encountered resistance while pushing for reforms at the Ethereum Foundation, forcing him to leave. In the future, there is a need to introduce leadership with genuine commercial experience and decision-making power to drive effective organizational operations.

Odaily News A kidnapping case that has captured national attention occurred in Tucson, Arizona, USA. Nancy Guthrie, the mother of well-known morning show host Savannah Guthrie, went missing from her home in the early hours of February 1st, with police believing she was taken by force.

After the case came to light, it quickly became a focal point of public discussion, with a large number of media outlets and online "amateur detectives" flocking to the area, making Tucson a global center of attention for a time. Police stated that the suspect's identity has not yet been confirmed and the investigation is ongoing.

According to reports, the kidnappers allegedly demanded a Bitcoin ransom through anonymous means, highlighting a new characteristic of extortion utilizing crypto assets. A former FBI negotiation expert pointed out that although the suspect appeared wearing a mask in footage from a doorbell camera, it would be "very difficult to hide for long" under intense scrutiny and continuous exposure.

The White House stated that the FBI will commit "all resources" to assist in the investigation. As the case continues to unfold, the local community has hung yellow ribbons and posted missing person notices, with calls from all sectors of society for the public to provide leads.

Odaily News 10x Research posted on the X platform stating that cryptocurrencies and related stocks are approaching a critical inflection point, with inflation declining faster than expected and positioning having reached extreme levels. Despite earnings reports falling short of expectations, Coinbase has quietly rebounded; meanwhile, several mining companies pivoting to the AI field are attracting billions in institutional capital and long-term infrastructure investment.

Bitcoin has stabilized after experiencing forced liquidations, with whales resuming accumulation, but key structural risks remain unresolved. At the same time, the decline in U.S. Treasury yields and the shift in market interest rate expectations are altering the broader macroeconomic environment.

To optimize its capital structure and reduce direct equity dilution, MicroStrategy announced that future acquisitions will prioritize the use of perpetual preferred stock over common stock. MSTR still faces pressure, with unrealized losses reaching $4.8 billion.

Odaily News According to Lookonchain monitoring, the address of "BTC OG insider whale" agent Garrett Jin has started selling ETH again, having just deposited 261,024 ETH (approximately $543 million) to Binance.

1. X Product Lead Discusses "Smart Tags" Again: X Will Not Directly Execute Trades or Act as a Broker;

2. CZ: This Year, Mainly Some Chinese Competitors Are Spending Money to Smear Us; Competition from Other Peers Is Relatively Professional;

3. Benchmark Lowers Coinbase Target Stock Price by 37%, But Maintains Buy Rating;

4. Lighter Has Extended Cross-Margin Mechanism to Gold and Silver Markets;

5. US Judge Sentences PGI Founder to 20 Years in Prison, Accused of Orchestrating Over $200 Million Bitcoin Ponzi Scheme;

6. Galaxy Digital Executive: Crypto Market Will Not See a V-Shaped Recovery; It Will Gradually Rise After a Period of Volatility.

Odaily News: A U.S. judge has sentenced 61-year-old Ramil Ventura Palafox, founder of Praetorian Group International (PGI), to 20 years in prison. He was convicted for orchestrating a global Ponzi scheme through his company, defrauding over 90,000 investors and involving more than $201 million.

Palafox, a dual citizen of the United States and the Philippines, served as the Chairman and CEO of PGI and touted the company as a Bitcoin trading giant. He attracted investors by promising daily returns ranging from 0.5% to 3%. However, in reality, PGI's Bitcoin trading operations were incapable of generating such high profits. Instead, the company recycled investor funds to pay returns to earlier participants. (News.bitcoin)

Odaily News X product lead Nikita Bier stated on the X platform: "X will not be responsible for trade execution or acting as a broker; it is only building financial data tools and links."

This means that trading operations initiated by users on the X frontend will be redirected to external broker or exchange partners for execution.

Previously, Nikita Bier stated yesterday that X will launch several features within weeks, including "Smart Cashtags," which will support users in trading stocks and cryptocurrencies directly from their timeline.

Odaily News: CZ responded to targeted FUD within the community on X, stating: "Last year, Western competitors bought media to smear me more. This year, a Chinese competitor has been spending money to run smear campaigns (black ads) against us. There is competition from other players in the Asia-Pacific region, but it has been relatively professional. How can the token price rise if the community is divided? Focus on building."

Odaily News Lighter has officially announced the extension of the cross-margin mechanism to the gold and silver markets, with plans to further expand to other RWA markets in the future. This means that RWA markets will be able to share collateral with the cryptocurrency market, thereby improving capital efficiency.

Odaily Galaxy Digital's Global Head of Asset Management and Co-Head of Digital Assets, Steve Kurz, believes that the recent decline in cryptocurrencies was caused by liquidity and deleveraging, not systemic failure. This indicates that the cryptocurrency cycle is more mature than in 2022, and most forced selling has likely been absorbed by the market. The development of stablecoins, tokenization, and the integration of blockchain with traditional finance is accelerating, positioning cryptocurrencies both as a financial asset and as part of the core financial system.

Steve Kurz expects that cryptocurrencies will not experience a V-shaped recovery. Instead, they will go through a period of range-bound volatility, after which prices will gradually rise as institutional capital flows in and the "great integration" of cryptocurrencies with traditional finance continues to advance. (CoinDesk)

Odaily News: Benchmark analyst Mark Palmer has lowered Coinbase's target stock price by 37%, from $421 to $267, while maintaining a "Buy" rating. The adjusted target price represents an upside potential of approximately 60% compared to the current price of around $164. (The Block)

Odaily News According to the prediction market platform Polymarket, as of February 14th, the probability for the "US government shutdown this Saturday" contract has dropped to 2%, showing a significant decline from previous highs. The cumulative trading volume for this contract is approximately $10.78 million. The market had previously priced in a higher risk of a shutdown, but expectations were quickly revised as negotiations progressed.

Odaily News According to Onchain Lens monitoring, after selling some BTC, the Bitcoin whale (08b5...edb8) who has been holding for 11 years withdrew $53 million from Binance and repaid a loan.

Odaily News JPMorgan analysts believe that although investors are concerned that exchange rate fluctuations may impact the stock market, a weaker dollar should support stock markets rather than harm them.

JPMorgan pointed out that despite recent volatility in commodities, bonds, and crowded trades, the momentum of economic growth remains solid. Federal Reserve federal funds rate futures are currently pricing in approximately 55 basis points of rate cuts by year-end, providing a supportive backdrop for risk assets. JPMorgan holds a bearish view on the US dollar, with historical data showing that a weaker dollar is typically consistent with stronger stock market performance, especially in emerging markets.

JPMorgan maintains a positive outlook on emerging markets and commodity stocks and advises investors to buy metal assets on dips. In the European market, although a stronger euro may affect the translation of approximately 25% of US dollar-denominated revenue, strong growth during periods of euro appreciation usually offsets this adverse effect, and cyclical sectors typically rise alongside the euro.

Odaily News According to Onchain Lens monitoring, a Bitcoin OG (08b5...edb8e) who has held for 11 years deposited 5,000 BTC to Binance, worth $384 million.