24H Hot Cryptocurrencies and Key News｜American Bankers Association Urges Regulators to Slow Crypto Bank License Approvals; Multiple Whales Increase Holdings of Gold-Backed Tokens (February 13)
- Core Viewpoint: The current cryptocurrency market presents a complex situation of mixed bullish and bearish forces. On one hand, market sentiment is extremely fearful, Bitcoin faces technical correction pressure, and spot ETFs continue to see net outflows. On the other hand, regulators are actively incorporating industry feedback, mainstream institutions continue to make strategic moves, and innovative applications like tokenized finance are accelerating their development.
- Key Elements:
- Market Sentiment and Technical Pressure: The BTC Fear & Greed Index has dropped to a new historical low of 5. Bitcoin's price has broken below a key trendline. Analysts believe that if a rapid rebound does not occur, the risk of testing the annual low of $59,800 increases.
- Divergence in Institutional Fund Flows: Bitcoin spot ETFs have seen consecutive net outflows, with a total outflow of $276 million yesterday. Meanwhile, Binance's SAFU fund has completed its $1 billion Bitcoin purchase plan, indicating strategic differences among institutions.
- Ongoing Evolution of Regulatory Frameworks: The U.S. CFTC has established an Innovation Advisory Committee, incorporating CEOs from crypto companies like Coinbase and Ripple. The Hong Kong Monetary Authority has included tokenization in its 2026 work priorities, promoting compliant industry development.
- Financial Innovation Applications Going Live: Ondo's tokenized stocks have been listed as collateral assets in DeFi lending markets. Elon Musk announced the internal testing of X Money, aiming to become a central platform for fund transactions.
- Industry Risk Event Warnings: The American Bankers Association urges a slowdown in crypto bank license approvals. The UK's FCA has initiated legal proceedings against HTX, accusing it of illegal marketing, highlighting a global trend of stricter regulatory enforcement.
1. Hot Tokens on CEXs
Top 10 CEX Trading Volume and 24-hour Price Changes:
- BNB: +0.33%
- BTC: -1.46%
- ETH: -0.57%
- SOL: -1.70%
- CITY: +6.73%
- DOGE: +1.12%
- ATM: +5.14%
- ACM: +1.57%
- JUV: +2.31%
- PIVX: +0.54%
24-hour Gainers List (Data Source: OKX):
- LPT: +11.89%
- ALLO: +10.68%
- MERL: +9.10%
- CSPR: +6.89%
- UXLINK: +6.77%
- SPACE: +6.34%
- ZAMA: +6.03%
- CITY: +5.56%
- CTC: +4.57%
- FOGO: +4.22%
24-hour Tokenized Stock Gainers List (Data Source: msx.com):
- ZSL: +22.79%
- CONI: +13.98%
- VVPR: +13.64%
- AMAT: +9.05%
- STX: +8.04%
- SQQQ: +6.46%
- SNDK: +6.43%
- GLL: +6.32%
- TSLQ: +6.29%
- YANG: +6.01%
2. On-chain Hot Memes (Data Source: GMGN):
- WhiteWhale
- USELESS
- Buttcoin
- PENGUIN
- WOJAK
Headlines
American Bankers Association Urges Regulators to Slow Crypto Bank Charter Approvals
In a comment letter to the Office of the Comptroller of the Currency (OCC), the American Bankers Association (ABA) stated that the approval process for crypto-related bank charters should be slowed until regulatory frameworks for stablecoin and digital asset businesses are clarified. It also emphasized ensuring safety and soundness standards are fully understood and implemented, and suggested prohibiting non-bank trust companies from using the word "bank" to avoid misleading the market. The banking group noted that the OCC currently ties charter approvals to compliance with the GENIUS Act, but full implementation of the act could still take years and involves rulemaking by multiple regulatory agencies. It is reported that crypto companies such as Circle, Ripple, BitGo, Paxos, Coinbase, and Nomura's Laser Digital are applying for or have already obtained conditional OCC trust bank charters. Additionally, Trump-affiliated World Liberty Financial has applied for a charter covering its USD1 stablecoin.
Multiple On-chain Whales Accumulate Gold-Backed Tokens
According to Onchain Lens monitoring, multiple whales are accumulating gold-backed tokens. A newly created wallet, 0xcF7 (0xcF7...04aC), received 2,100 XAUT from Bitfinex, valued at $10.58 million. Furthermore, two wallets linked to the same entity, 0x83F (0x83F...2C3D) and 0xd95 (0xd95...3166), withdrew 986 PAXG from Binance, valued at $5.01 million.
Analysis: Bitcoin Futures Data Suggests Bears May Target $60,000 Level
After facing repeated rejections in the $70,000 to $72,000 resistance zone, Bitcoin's price has formed a series of lower highs and has now broken below the intraday trendline, with short-term bears taking control.
Liquidation heatmaps show a liquidity gap in the range of $66,000 to $60,500, which could exert a magnetic pull, attracting the price to move quickly through it to trigger stop-loss clusters below. Currently, there are still over $350 million in leveraged long positions around $60,500. If a rapid rebound above $68,000 fails, the risk of Bitcoin's price revisiting the yearly low of $59,800 increases. Trader Husky stated that Bitcoin's price has fallen below the Volume Weighted Average Price (VWAP) of $59,800, indicating a weakening short-term market structure. Analyst EliZ noted that Bitcoin is currently consolidating within a descending channel near $66,500, and a break below this level could lead to a test of the support zone between $63,400 and $64,600.
Industry News
Bitcoin Fear & Greed Index Drops to 5, Hitting Record Low
The Bitcoin Fear & Greed Index has dropped to 5, indicating "Extreme Fear," marking the lowest level in the index's history.
Polkadot data shows that bots currently generate 51% of the network's total traffic, officially surpassing human activity for the first time.
US Initial Jobless Claims for Week Ending Feb 7: 227K vs. 222K Expected
US initial jobless claims for the week ending February 7 were 227,000, compared to an expectation of 222,000. The previous week's figure was revised from 231,000 to 232,000.
Over $2.9 Billion in BTC and ETH Options Set to Expire, Max Pain at $75K and $2,200 Respectively
Deribit data shows that options are set to expire tomorrow at 16:00 UTC, with:
BTC options having a notional value of $2.52 billion, a put/call ratio of 0.76, and a max pain point of $75,000.
ETH options having a notional value of $390 million, a put/call ratio of 0.93, and a max pain point of $2,200.
According to SoSoValue data, Bitcoin spot ETFs recorded a total net outflow of $276 million yesterday (US Eastern Time, February 11).
The Bitcoin spot ETF with the largest single-day net inflow yesterday was the WisdomTree ETF BTCW, with a net inflow of $6.777 million. BTCW's historical total net inflow now stands at $66.2583 million.
The Bitcoin spot ETF with the largest single-day net outflow yesterday was Fidelity's ETF FBTC, with a net outflow of $92.5958 million. FBTC's historical total net inflow currently amounts to $11.074 billion.
As of press time, the total net asset value of Bitcoin spot ETFs is $85.765 billion, with an ETF net asset ratio (market cap as a percentage of Bitcoin's total market cap) reaching 6.35%. The historical cumulative net inflow has reached $54.724 billion.
According to SoSoValue data, Ethereum spot ETFs recorded a total net outflow of $129 million yesterday (US Eastern Time, February 11).
The Ethereum spot ETF with the largest single-day net outflow yesterday was Fidelity's ETF FETH, with a net outflow of $67.0874 million. FETH's historical total net inflow now stands at $2.515 billion.
This was followed by BlackRock's ETF ETHA, with a net outflow of $29.4426 million. ETHA's historical total net inflow currently amounts to $12.015 billion.
As of press time, the total net asset value of Ethereum spot ETFs is $11.273 billion, with an ETF net asset ratio (market cap as a percentage of Ethereum's total market cap) reaching 4.78%. The historical cumulative net inflow has reached $11.751 billion.
Project Updates
Aster Chain Mainnet to Launch in March
Aster announced on the X platform that the Aster Chain mainnet will launch in March.
X Money Begins Internal Testing, Aims to Become Central Platform for All Financial Transactions
Elon Musk announced that X Money has begun closed internal testing within the company. Musk expects that in the coming months, X Money will undergo limited external testing before being rolled out to all X users globally. The product aims to become the central platform for all financial transactions.
Aave Labs: Proposes "Aave Will Win" Plan to Send 100% of Product Revenue to the DAO
Aave Labs has introduced a new governance proposal named "Aave Will Win," suggesting that 100% of the revenue from all Aave-branded products be sent to the Aave DAO. The proposal outlines a strategy centered around the upcoming V4 upgrade, which, if passed, will serve as the foundation for Aave's future development.
Aave Labs founder Stani Kulechov stated that this framework formally establishes Aave Labs' role as a long-term contributor to the Aave DAO under a token-centric model. The proposal also includes creating independent markets to support different risk and revenue structures and establishing a dedicated foundation to hold and protect the Aave brand and trademarks.
OKX market data shows that following the news, the AAVE token rose approximately 4%.
Base.dev Launches Leaderboard Feature to Showcase Top-Performing Apps on Base
According to an official announcement, Base has officially launched a leaderboard feature designed to automatically showcase top-performing applications on the Base platform, providing users with a convenient app discovery experience. The first leaderboard focuses on mini-apps within the Base App, allowing users to view real-time rankings of popular apps.
The leaderboard also integrates a newly designed share card feature, enabling users to share apps and display their own rankings to enhance social interaction and community engagement. All apps must be registered on Base.dev to be eligible for the leaderboard. Base.dev stated that more categories of leaderboards will be introduced in the future to further enrich the platform's ecosystem and encourage developers to actively participate in registration and promotion.
Ondo Tokenized Stocks Go Live on DeFi Lending Markets, Usable as Collateral
Ondo Finance announced that Ondo Global Markets' tokenized stocks are now live on DeFi lending markets, starting with SPYon and QQQon, which have been integrated with Morpho and Gauntlet. Ondo's tokenized stocks and ETFs can now serve as efficient risk management collateral assets within Ethereum DeFi.
Polymarket Launches "5-Minute BTC Up/Down" Prediction Event
Polymarket has launched a "5-Minute Crypto Up/Down" prediction event. This market settles every 5 minutes and currently only supports BTC.
Binance SAFU Fund Address Buys Another 4,545 BTC, Completing $1 Billion Bitcoin Purchase Plan
According to Arkham monitoring, approximately nine minutes ago, the Binance SAFU fund address purchased another 4,545 BTC, valued at $304.58 million. With this, the Binance SAFU fund has completed its $1 billion Bitcoin purchase plan and currently holds 15,000 BTC, valued at $1.005 billion.
South Korean cryptocurrency exchange Bithumb issued an announcement warning of phishing SMS and messages impersonating "compensation notices for the Bitcoin mistransfer incident" attempting to steal user personal information and assets. The official emphasized that as of 18:00 on February 12, 2026, the platform has not sent any individual notifications related to "compensation distribution" or "victim inquiry." Bithumb stated that subsequent compensation-related notifications will not contain URL links and will only be communicated through official customer service channels, and will not request sensitive information such as account details, passwords, or authentication data. The official reminded users not to click on any compensation-related links, to be vigilant of messages containing keywords like "compensation" or "victim inquiry," and to report suspected fraud or losses to the police and apply for account freezing. Bithumb also stressed that the platform will not request personal information via SMS or email, nor ask users to transfer out crypto assets.
Financing
Inference Research Completes $20 Million Seed Round Led by Li Lin's Family Office Avenir Group
AI quantitative trading company Inference Research announced the completion of a $20 million seed funding round led by Li Lin's family office, Avenir Group. The funds will be used to expand the company's self-developed infrastructure to integrate traditional finance and digital assets, while accelerating talent recruitment. It is reported that the company is building a team of quantitative analysts, engineers, and researchers.
Regulatory Developments
US Treasury Secretary Bessent Agrees Senate Committee Could Investigate Fed Chair Powell
During a closed-door meeting with Senate Republicans on Wednesday, US Treasury Secretary Bessent agreed with suggestions from some lawmakers that the Senate Banking Committee, rather than the Department of Justice, should investigate Federal Reserve Chair Jerome Powell. A knowledgeable senator stated that this move was intended to "test the waters" to see if it could persuade North Carolina Republican Senator Thom Tillis to lift his hold on Fed nominees. "They want to dangle this in front of Thom to see if he'll take it," the senator said. "Thom was poker-faced." Another source indicated this could be a viable compromise. A Republican congressman stated, "What the President wants is an investigation," and having the Banking Committee "fulfill that investigative desire" could be an option. However, the first senator expressed skepticism: "I'd be surprised if Thom accepts."
CFTC Announces Innovation Advisory Committee Members, Multiple Crypto Industry Leaders Included
The U.S.
