Odaily According to Michael Metcalfe, Head of Macro Strategy at State Street, commenting on the US CPI data, the key takeaway for interest rate markets and the stock market is that the disinflation trend continues. This further supports the view that we have passed the peak of inflation concerns. This paints a picture of continuously improving inflation prospects, which will pave the way for interest rate cuts later this year. (Jin10)
According to the latest data from Gate, the price of gold has risen to $5,006.79 per ounce, representing an intraday increase of 1.60%. The price of silver has climbed to $78.497 per ounce, marking an intraday gain of 4.51%.
The latest quote for BVIX (BTC Volatility Index) is 51.71, down 4.51% intraday. The latest quote for EVIX (ETH Volatility Index) is 69.50, down 2.67% intraday.
In the forex market, USD/CNH (US Dollar vs. Offshore Chinese Yuan) rose 0.06% intraday, with the current exchange rate at 6.90118. USD/JPY (US Dollar vs. Japanese Yen) rose 0.14% intraday, with the current exchange rate at 152.918.
In the commodities market, WTI crude oil fell 0.27% intraday to $62.76 per barrel. Brent crude oil rose 0.01% intraday to $67.89 per barrel.
Gate enables users to directly trade traditional financial market products on its platform, offering one-stop access to a wide range of assets including precious metals, forex, global stock CFDs, major indices, and commodities. This facilitates deep integration between crypto assets and traditional financial assets. Gate's TradFi-related features are fully integrated into the Gate App and Web platform, allowing users to conveniently participate in global asset price trading without switching platforms. This unlocks more strategies and opportunities beyond the crypto market, continuously enhancing the diversified asset allocation experience.
Odaily News According to data from msx.com, as the U.S. stock market opened, the Dow Jones Industrial Average fell 0.03%, the S&P 500 index fell 0.01%, and the Nasdaq Composite Index fell 0.12%. Crypto-related stocks rose broadly, with ETHZilla up 3.63%, Circle up 3.85%, Bit Digital up 2.65%, Robinhood up 1.83%, Hut 8 up 1.44%, and Coinbase up 5.79%.
It is reported that msx.com is a decentralized RWA trading platform that has cumulatively listed hundreds of RWA tokens, covering U.S. stock and ETF token targets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.
Odaily News Japanese financial group SBI Holdings announced that its subsidiary plans to acquire a majority stake in Singapore-based digital asset trading platform Coinhako, pending regulatory approval.
The transaction includes providing investment capital and purchasing shares from existing shareholders. Coinhako holds a license from the Monetary Authority of Singapore and is also regulated in the British Virgin Islands, having operated in the digital asset space for over a decade. The acquisition aims to integrate Coinhako's infrastructure with SBI's global financial network to develop the digital asset ecosystem in Asia. An SBI representative stated that this move aligns with its strategy to expand digital asset infrastructure and develop next-generation financial services.
Coinhako CEO Yusho Liu said the company plans to enhance its infrastructure to meet the growing demand for tokenized assets and stablecoins, with Singapore continuing to serve as a key hub. (Techinasia)
Odaily News According to Onchain Lens monitoring, a whale deposited 2 million USDC into Hyperliquid to open 20x leveraged long positions on ETH and SOL.
According to monitoring by Lookonchain, a whale deposited 14,745 ETH into OKX in the past 24 hours, valued at $28.75 million.
Odaily News Shortly before the CPI report was released, U.S. Treasury Secretary Besant predicted that inflation "could return to near the Fed's 2% target by the middle of this year." He was likely referring to the Personal Consumption Expenditures (PCE) price index. Due to the government shutdown, the latest available data is the core PCE inflation rate from November last year, which was 2.8%. The core PCE price index for December is scheduled for release on February 20, with current forecasts predicting core inflation at 2.8%. Data for January will take some time to become available. Historically, the average increase in CPI has typically been about 0.5 percentage points higher than that of PCE. (Jin10)
Odaily News According to sources, the Federal Reserve is expected to appoint veteran Wall Street banking lawyer Randall Guynn as Director of Supervision and Regulation. (Jin10)
Odaily News: Ethereum Foundation Co-Executive Director Tomasz Stańczak has announced he will step down at the end of February. Bastian Aue will serve as Co-Executive Director alongside Hsiao-Wei. Stańczak stated that he will continue to help businesses build on Ethereum while increasingly taking on the role of a core developer, personally hands-on in product development, and participating in core development and governance related to agents.
Odaily News Bitcoin mining company IREN Limited announced that it will be included in the MSCI USA Index after the market close on February 27. This marks another crypto-related company entering the index following Strategy (formerly MicroStrategy).
Previously, index provider MSCI had considered removing Digital Asset Treasury (DAT) companies, which allocate over 50% of their balance sheets to cryptocurrencies, from major stock indices, but ultimately decided not to exclude such companies. Strategy had opposed the proposal in December 2025, calling it "discriminatory, arbitrary, and unworkable."
The MSCI USA Index tracks large- and mid-cap segments of the US stock market, representing approximately 85% of the free float-adjusted market capitalization. Inclusion in the index can drive inflows from passive funds and enhance the company's visibility among institutional investors. (Thestreet)
Odaily News The inflation reading released on Friday came in lower than expected, leading to a rise in U.S. Treasury prices and boosting investor expectations for three Fed rate cuts in 2026. The yield on the two-year U.S. Treasury note, which is most sensitive to central bank policy changes, fell as much as 6 basis points to 3.40%, hitting its lowest level since October last year, before paring some losses. Following the data release, traders priced in approximately 63 basis points of rate cuts for the year—implying about a 50% probability of a third 25-basis-point cut by year-end on top of the two already priced in, compared to 58 basis points priced on Thursday. Regarding the January non-farm payrolls data, traders earlier this week had already fully priced out a 25-basis-point rate cut by mid-year, pushing their bets to July. Wall Street banks that previously forecast a March rate cut have also largely shifted their expectations to later in 2026. (Jin10)
Odaily News According to renowned trader and chart analyst Peter Brandt, who successfully predicted the 2018 Bitcoin crash, the Bitcoin market may not have hit its true bottom yet, suggesting that "the real bottom might not appear until October 2026." He had previously forecasted that Bitcoin could drop to the $60,000 range in Q3 2026. On February 6th, Bitcoin briefly fell to around $62,700. Brandt believes that prices may fluctuate upward in the short term but could still retreat to the high $50,000 range within the year.
Meanwhile, Arthur Hayes pointed out that Ethereum's price may continue to consolidate sideways within the current range until US dollar liquidity improves. At the time of writing, Ethereum is trading around $1,941, having fallen over 40% in the past 30 days. However, Michaël van de Poppe, founder of MN Trading Capital, believes Ethereum is currently in an attractive accumulation zone and emphasized that stablecoin trading volume has grown by approximately 200% over the past 18 months. (cointelegraph)
Odaily News According to Gate data, spot gold has surpassed $5,000 per ounce, following a decline in both the overall and core U.S. CPI annual rates for January.
Odaily News Pacific Investment Management Company economist Tiffany Wilding stated that the inflation report is "quite encouraging on the surface," with two main positive developments. First, housing prices, which have been rising continuously since the outbreak of the pandemic, are indeed now slowing down. Second, the impact related to tariffs is gradually fading. As this trend subsides, the Fed should be more willing to cut rates, and we believe it is reasonable to expect two more rate cuts this year. (Jin10)
Odaily News: Seema Shah, Chief Global Strategist at Principal Asset Management, stated that for the Federal Reserve, the current situation is still insufficient to justify a near-term rate cut. The continued strength of the labor market provides policymakers with a reason to keep interest rates unchanged, while further slowing of inflation in the second half of the year, as the impact of tariffs fades, should reopen the door to accommodative policy. (Jin10)
Odaily News According to a statement by Jim Moloney, head of the U.S. SEC's Division of Corporation Finance, the division is committed to rapidly advancing regulatory rulemaking. Following the priorities set by Chairman Paul Atkins, the division will focus primarily on cryptocurrency asset reform. Jim Moloney stated that the Division of Corporation Finance is preparing to submit two key proposals regarding cryptocurrency assets to the Commission: first, to provide interpretive guidance offering clear classification (Taxonomy) for cryptocurrency assets and describing a framework for determining when a cryptocurrency asset is subject to an investment contract; second, to develop a proposal for a reasonable regulatory structure governing the issuance and sale of such securities for cryptocurrency assets subject to investment contracts. Furthermore, the division will continue to provide market clarity through statements and no-action letters. Jim Moloney also mentioned other ongoing work at the SEC includes: implementing the Holding Foreign Insiders Accountable Act (HFIAA); creating a reporting option for semi-annual instead of quarterly reports; and reducing regulatory burdens under Regulation S-K, including executive compensation disclosures.
