1. Popular currencies on CEX
CEX top 10 trading volume and 24-hour rise and fall:
ETH: +2.13%
BTC: -0.2%
SOL: -6.16%
XRP: -3.42%
TRUMP: -9.44%
PEPE: +1.62%
DOGE: -3.49%
BNB: -0.96%
LTC: -.391%
SUI: -2.86%
24-hour price increase list (data source: OKX):
ZBCN: +17.44%
S: +16.46%
STORJ: +12.97%
CVC: +10.38%
ZCH: +10.05%
IP: +8.08%
PRQ: +7.26%
MKR: +6.89%
BERA: +6.055%
ULTI: +6.32%
2. 24-hour hot search currencies
HULEZHI:
For details, see I, hulezhi, a brain-machine slave, decided to sink 500 ETH into a black hole .
Headlines
Argentine President Milley says he is not promoting cryptocurrency, but sharing it
Odaily Planet Daily News According to market news, Argentine President Milley said that he did not promote cryptocurrencies, but only shared them. Milley also said: Those involved know very well what they are doing - they are volatility traders.
Prior to this, Mile’s X account had retweeted a tweet related to “How to buy $LIBRA”.
CZ: As a shareholder, Binance will not sell
Odaily Planet Daily News: Binance co-founder CZ posted on the X platform: Some Asian competitors are worried about selling Binance (CEX). As a shareholder, Binance will not sell. Head investors have always been interested in Binance. Over time, we may allow some investments in the single-digit percentage range.
11.2 million SOL from FTX bankruptcy auction will be unlocked on March 1, worth $2.06 billion
According to the monitoring of chain analyst Ai Yi, FTX has sold 41 million SOL in three auctions. The top 3 buyers and auction prices are as follows:
Galaxy: 25.52 million coins were bought at $64, with a return rate of 187%;
Pantera and other buyers: 13.67 million coins bought at $95, with a return rate of 93%;
Figure and other buyers: 1.8 million coins purchased at $102, with a return rate of 80%.
Odaily Planet Daily News According to lmk.fun monitoring, a wallet transferred 500 ETH (about 1.38 million US dollars) to a black hole address and destroyed it and left a message in Chinese, which involved the boss of an investment company using brain-computer weapons to persecute employees. It is reported that the wallet may belong to programmer HULEZHI.
In addition, this address has recently donated ETH to the following organizations:
Donated 711 ETH to the WikiLeaks address, equivalent to $1.91 million;
Donate 700 ETH to the Endaoment address, equivalent to approximately $1.87 million;
Donated 133 ETH, equivalent to approximately US$354,000, to the Ethereum Foundation address.
For the first time, the Meme coin was not fully filled within 30 minutes of deployment on pump.fun
Odaily Planet Daily News: According to @TMB_Agent monitoring, pump.funs Meme coin was not fully deployed within 30 minutes today, which may be the first time in its history.
ZhuSu: It’s time to go all-in on ETH
Odaily Planet Daily News: ZhuSu, founder of Three Arrows Capital, wrote, Its time to go all-in on ETH.
Industry News
Binance launches a poll on “Do you want PI to be listed on Binance?”
Odaily Planet Daily News According to official news, Binance launched the Do you want PI to be listed on Binance? vote. Users must log in to the authenticated Binance account and maintain a 5 USD equivalent (or) or above vote to be valid. If the user fails to hold the 5 USD equivalent minimum requirement, their vote will not be counted. Each user can vote once during the voting period, voting hope or no. The voting time is: 22:45 on February 17, 2025 to 07:59 on February 28, 2025 (Eastern Time Zone 8).
Coffeezilla: The LIBRA team admitted to attacking the token in an interview
Odaily Planet Daily News YouTube reporter Coffeezilla (@coffeebreak_YT) wrote in a post on X: In this LIBRA interview, the team admitted to sniping its own tokens.
Odaily Planet Daily News: Meteora co-founder Ben Chow once again published an article on X to respond to questions about LIBRA.
Ben Chow said: Meteora and I personally have never privately received or managed any tokens, nor have we participated in any off-chain transactions. We maintain the highest level of confidentiality for any token launch on the platform. For confidentiality reasons, only a very small number of people within Meteora have access to the launch information. Usually, only I know the launch time, and the token/pool address will only be provided to me and one or two on-duty engineers (if any) a few minutes before the launch.
“Due to the complexity of DLMM, non-crypto native users (e.g. celebrities, politicians, etc.) who want to launch tokens often need to hire deployers and/or market makers. We do not provide these services, but issuers often ask me for recommendations on deployers and/or market makers. Hayden Davis of Kelsier Ventures is one of the deployers/market makers I have recommended to projects in the past few months. We do not have a special relationship with Kelsier, but we have worked with them when M3M3 was launched. In that cooperation, they seemed trustworthy, so I have recommended them to a number of projects, including the team behind MELANIA. As with other projects, our role is limited to technical support, and we have not purchased, received or managed any tokens related to MELANIA.”
“For LIBRA, although we learned about its possibility through Hayden a few weeks ago, we are not involved in the project other than providing IT support. Neither I nor the Meteora team have compromised the launch of LIBRA by leaking information, nor have we purchased, received or managed any tokens.”
KIP: Did not manage or direct the LIBRA token issuance and did not profit from it
Odaily Planet Daily News KIP Protocol issued a latest statement on X, saying, KIP Protocol CEO Julian Peh did meet with President Miley during the Tech Forum Argentina trade show in Argentina on October 19, 2024. This was the first meeting between Peh and President Miley. No specific projects, including the Viva la Libertad project, were discussed or mentioned at the meeting, nor was the issuance of any tokens involved. KIP Protocol is not in the business of helping organizations issue tokens. We are a technology company focused on deploying artificial intelligence infrastructure, and our business revolves around this core, so we rarely get involved in other matters. KIP Protocol was not aware of the meeting on January 30, 2025 and did not participate in the meeting. Peh learned about the launch of a token project around February 13, 2025, which eventually became part of the project. Peh was told that Hayden/Kelsier Ventures would lead the project, initiate the issuance of tokens, and KIP Protocol would participate in it after the tokens were issued. It was also agreed that KIP Protocol would act only on the direct instructions of Kelsier. KIP KIP did not initiate the project, did not manage or direct the token issuance process, did not receive any tokens before or after the issuance, and did not profit from the token issuance. KIP was not even notified by Kelsier when the Libra token was launched. Therefore, it is wrong to describe it as a KIP Protocol project.
Bubblemaps: Highly confident that LIBRA and MELANIA are controlled by the same group
Odaily Planet Daily reported that blockchain data company Bubblemaps published an article on X saying: “Some people speculate that MELANIA and LIBRA belong to the same team, but there is no conclusive evidence yet. After analyzing cross-chain transfers and time patterns, we are very sure that this is the case.
Our investigation into sniper activity on MELANIA showed that the address starting with P 5 tb 4 made a profit of more than $2.4 million. The address sent all profits to 0x cEA, a wallet associated with the creator of MELANIA. The transfer was completed via the USDC Cross-Chain Transfer Protocol (CCTP).
There are multiple ways to connect 0x cEA to the creator of MELANIA, including fund transfers and cross-chain transfers, and we are sure that these are not coincidences. This means that the creator of MELANIA (or someone close to his team) may have personally participated in the sniping.
A few weeks later, we noticed that 0x cEA was providing funds to DEfcyK, the creator of LIBRA, who withdrew 87 million LIBRA. To make matters worse, 0x cEA also sniped LIBRA and made a profit of $6 million, in the same way as MELANIA.
But the story doesn’t end there. We found many token issuances related to 0x cEA, most of which were obvious ‘pump and dump’ behaviors, including TRUST, KACY, VIBES and HOOD.”
Odaily Planet Daily News According to Lookonchain monitoring, an insider knew that LIBRA was going to be launched in advance, but bought it too late and lost 26,577 SOL (5.34 million US dollars), but he seemed to be compensated with 5 million USDC. According to @chooserich, the wallet may belong to Dave Portnoy (@stoolpresidente), the founder of Bartool Sports.
The day before LIBRA went online, the wallet 3a pupK…Z 1 LF was created and received 29,000 SOL ($5.76 million). The wallet started buying LIBRA about 9 minutes after LIBRA went online, when the price had soared to $1.75. The wallet spent 28,740 SOL ($5.77 million) to buy 2.3 million LIBRA at an average price of $2.51.
The price of LIBRA began to fall after hitting $4.56, causing the wallet to lose more than $5 million. After receiving 4.5 million USDC, the wallet liquidated LIBRA and received 2,163 SOL (US$430,000), and then received another 500,000 USDC.
It is worth noting that this wallet also received 650,000 LIBRA sent by the LIBRA team, but it was quickly returned.
12 U.S. state pension funds or treasuries hold a total of $330 million worth of Strategy shares
Odaily Planet Daily reported that cryptocurrency analyst Julian Fahrer disclosed data showing that as of the end of 2024, 12 states in North America reported that their state pension funds or treasuries held Strategy (formerly MicroStrategy) shares MSTR, with a total of US$330 million.
Pension funds and treasuries in California, Florida, Wisconsin and North Carolina have the largest exposure to MSTR, with the California State Teachers Retirement System ranking first with 285,785 shares of MSTR, worth approximately $83 million.
The California State Teachers’ Retirement System, which holds a total of $69 billion in stocks, also holds 306,215 shares of Coinbase (COIN), worth $76 million.
CalPERS holds 264,713 shares of MSTR, worth about $76 million, and also holds $79 million worth of Coinbase stock. The state pension fund holds about $149 billion in investments.
The Florida Retirement System Administrators Board Fund holds 160, 470 shares of MSTR, valued at $46 million, while the Wisconsin Investment Board holds 100, 957 shares of MSTR, valued at about $29 million.
The North Carolina Department of the Treasury holds $22 million worth of MSTR, while the New Jersey Police and Firefighters Retirement System and Common Pension Fund hold a combined $26 million worth of MSTR.
Other states that hold MSTR in their public funds include Arizona, Colorado, Illinois, Louisiana, Maryland, Texas, and Utah. (Cointelegraph)
Billionaire Paul Tudor Jones investment firm holds $426.9 million in BlackRock IBIT
Odaily Planet Daily News: Billionaire Paul Tudor Jones investment institution disclosed that it holds BlackRock IBIT worth $426.9 million, which is twice the last time it reported its holdings in SEC documents. (Cointelegraph)
Odaily Planet Daily News: Federico Carrone, founder of the well-known Argentine development team LambdaClass, posted on X: I wonder if Lambda should file a lawsuit. I will discuss this with friends and lawyers. I dont want to make money from it, but this matter cant end like this. This has ruined the cryptocurrency market in Argentina. Many friends asked me why I was in this industry. What happened in the past few days made all the cryptocurrency companies in Argentina look like scammers. Many integrity builders who have been engaged in this industry for ten years have been passively implicated in this stupid behavior.
Project News
MELANIA team tokens will begin unlocking soon: 3% of the total, worth $39 million
According to Odaily Planet Daily, on-chain analyst Yu Jin monitored that the MELANIA teams tokens will begin to be unlocked the day after tomorrow or the day after tomorrow (1/19 ~ 20): 3% (30 million) of the total MELANIA will be unlocked, worth 39 million US dollars.
According to the MELANIA unlocking rules, the teams tokens have a lock-up period of only 30 days. 3% will be unlocked after 30 days, and then 2.25% will be unlocked every month in the next 12 months.
A total of 30% of the total tokens will be unlocked in 13 months, which means:
3% (30 million) of the total tokens will be unlocked the day after tomorrow or the day after tomorrow (2/19 ~ 20);
From the 2nd to the 13th month, 2.25% (22.5 million tokens) will be unlocked every month.
Note: If you count 30 days, it is the 19th, if you count one month, it is the 20th.
Odaily Planet Daily News: DEXX published an article on X to explain the doubts and issues related to the progress of compensation:
1. Compensation order: Compensation will be made in ascending order of amount.
2. Compensation progress: All users who have a secure wallet and have pledged 5,000 U or less have been compensated from the 8th to the 14th. User feedback will be collected on the 15th and 16th to check for deficiencies. Users with 5,000-8,000 U have already been compensated on the 16th.
3. Why is the compensation payment not as fast as expected?
Recently, we have received a lot of voices in Telegram saying that they were within the compensation range but did not receive compensation. However, after checking, we found that some of them had been compensated 1-3 days ago, and the other part was due to not staking/not generating a safe wallet. Within 2 days, we received a total of 863 similar private chats/customer service tickets. After verification and statistics, only 152 of them were true. A large number of repeated private chats/customer service tickets will slow down the progress of compensation.
4. Why has the amount paid reached the range of 5,000-10,000, but I have not received the compensation yet?
To successfully receive compensation, two conditions must be met: a secure wallet has been generated at the time of compensation and the NFT has been pledged. Most of the time, no secure wallet is generated at the time of compensation. If you check your wallet and do not receive compensation, please make sure that a secure wallet has been generated and the NFT has been pledged before contacting customer service to register.
5. I haven’t received the NFT yet, what should I do?
The channel for collecting NFT has been closed. You need to find customer service to register manually, and your compensation will be postponed.
6. Can the daily compensation information be announced?
Because our compensation is randomly transferred from the exchange hot wallet to your wallet, it takes time to capture the hash. We will randomly publish some hashes in the community every day.
Linea completes Sybil attack appeal review and removes 3,500 misjudged addresses
Odaily Planet Daily News Linea announced on the X platform that it has completed the Sybil attack complaint review of the ecosystem and updated the Sybil list based on the review results. The review confirmed a total of 3,500 misjudged addresses and removed them from the list. Linea thanks the Nansen team for their continued support throughout the review process. Users can check their account status through poh.linea.build. The official reiterated that it will continue to ensure the fairness and integrity of the ecosystem and will release more relevant announcements in the future.
Odaily Planet Daily News According to the roadmap released by the privacy and expansion solution Aztec, its decentralized testnet is expected to be launched in the first quarter of 2025, when multiple wallets, browsers and L1 to L2 bridges will be launched.
In addition, cross-chain work will begin in April, and the mainnet Ignition is scheduled to be launched in the middle of the year.
Odaily Planet Daily News According to official news, the Nexus Layer 1 blockchain has been launched recently. After the release of Nexus zkVM and Nexus Network, this is the next step in the development of the Nexus project. The team will share more details about its Layer 1 architecture, roadmap, and technical elements in the next few weeks.
In addition, the team will open Nexus Testnet II at 9:00 AM Pacific Time on February 18, 2025, and the testnet will remain open until 4:00 PM Pacific Time on February 21, 2025. The goal of Testnet II is to prepare for the integration of the Nexus Layer 1 blockchain.
Last June, Nexus announced the completion of a $25 million Series A financing round, led by Lightspeed and Pantera, with participation from Dragonfly, Faction and Blockchain Builders Fund.
Regulatory policies
Odaily Planet Daily News: South Koreas five major cryptocurrency exchanges are expected to introduce the Travel Rule for crypto asset transfers below 1 million won. Previously, exchanges were required to apply the Travel Rule to crypto asset transfers above 1 million won when converting them into won, but are extending this rule to transactions below 1 million won and improving transparency.
According to industry insiders, Coinone and Korbit are studying a plan to prohibit sending crypto assets below 1 million won to unconfirmed accounts/wallets. Coinone and Korbit officials responded that they are currently conducting an internal review.
Following Upbit, Bithumb recently introduced a travel rule for crypto asset transfers below 1 million won, and other large local exchanges are expected to join in. (Newsis)
Texas to hold first public hearing on establishing strategic Bitcoin reserve on February 18
Odaily Planet Daily News: Texas first public hearing on the establishment of a potential strategic Bitcoin reserve is scheduled for February 18. Nexo scheduling analyst Iliya Kalchev said that although the hearing is a positive move to promote Bitcoin adoption, it may only represent a symbolic move in the cryptocurrency market.
Kalchev believes: “Texas’ recognition of Bitcoin as a reserve asset is another step towards institutional legitimacy for BTC, but compared to ETF inflows or corporate allocations, state-level initiatives tend to cause ripples rather than waves.”
He added: “Unless the hearing reveals near-term purchase plans or major policy shifts, the market reaction is likely to be muted, as Texas’ pro-crypto stance is already well known.” (Cointelegraph)
Characters Voices
CZ: I have tried many wallets, but I have never bought Meme
Odaily Planet Daily News CZ said in response to Xs comment: I have tried many wallets, but I have never bought Meme.
Odaily Planet Daily News: Alon Cohen, co-founder of pump.fun, posted on X: “I am disgusted by the events surrounding LIBRA in the past few days. The people behind this project have gained considerable personal benefits at the expense of many users, the ecosystem, and even the entire country. I hope the responsible parties will receive the punishment they deserve.
I know the situation is still developing, so if you know of misconduct by any player in the ecosystem, no matter how big or small, you should speak up. I also know some people may be in a tough situation, so my DMs are open so that I can help.
This weekends events are particularly distressing because pump.fun was built to explicitly address some of the issues exposed over the past few days. On top of that, the involvement of middlemen like the dev team and market makers is ridiculous - creating a meme coin should be so simple that anyone can do it. The mere existence of such actors means that anyone can be easily exploited.
Due to the devastation caused by these events, many people said this could be the end of Meme Coin.
While I sympathize with those who want to see the end of meme coins because they are tired of seeing them happen, the fact is that user demand for permissionless on-chain creation/speculation is not going away.
The same core user behaviors you see in the meme coin space have existed before — whether it’s Dogecoin, the ICO craze, NFT/DeFi — and in an increasingly focused economy, there’s no doubt that users will continue to want to trade world events, culture, technology, and more.
That being said, it’s important for platforms to provide guardrails to ensure that users are as safe as possible while also meeting their needs. Here are my thoughts on some of the things that should be focused on to achieve this goal:
1) Educate users on how to create tokens safely and ethically
2) The introduction of new traders needs to be more friendly
3) More emphasis needs to be placed on user protection at the interface level. While no permissionless platform can completely eliminate bad outcomes on-chain, interfaces can create a safer environment by reducing the visibility of tokens that show suspicious trading patterns, setting reasonable default slippage settings (hint: slippage is less than 20%), etc.
Michael Saylor: Even if Bitcoin plummets 98%, the company will not face liquidation risk
Odaily Planet Daily News: Michael Saylor, founder of Strategy (formerly MicroStrategy), said in an interview that most of the companys Bitcoin was acquired through equity. For example, we currently have Bitcoin worth $45 billion to $50 billion, and our debt is only $3 billion, and these debts are already secured by assets. So in fact, the Bitcoin we have as collateral is 15 times our debt. And our debt is non-recourse and has a term of more than four years. Even if Bitcoin plummets 98%, the company will not face liquidation risks. The company has permanent capital.
In addition, the company will not lend or pledge Bitcoin to earn interest in the future, and believes that the smartest approach is to issue securities backed by Bitcoin.
Regarding whether MicroStrategy will develop its own Bitcoin second-layer network or support existing Bitcoin second-layer solutions, Saylor said, I think we will observe the market development first. You can think of MicroStrategy as already operating on the third layer of Bitcoin. The second layer is an open protocol like Lightning, and the third layer is a platform like Binance, Coinbase or MSTR, which are proprietary protocols. So, we already have a three-layer architecture with billions of dollars in transactions per day. We also recently launched Strike, another third-layer protocol, with a daily transaction volume of tens of millions or even more than 50 million US dollars. These are security layers, or third-layer protocols, which are already very strong and attract a certain type of investors. In the future, second-layer solutions like Lightning may be successful, but I think the real $100 billion opportunity is on the third layer.
In addition, Saylor also revealed that I do not hold any other cryptocurrencies. About four years ago, I publicly disclosed that I held 17,732 bitcoins, which I bought at a price slightly below $10,000 each. I dont remember the exact number, but this information can be found in my public tweets. Since then, I have bought some more, but I have never sold them. Therefore, I now hold more bitcoins than I did then, but I have not publicly disclosed how much I have increased. (Wu said)
Odaily Planet Daily News Santiment published an article on X saying that ETH has shown signs of a mild rebound, and the current market price has recovered to $2,745, outperforming most altcoins at the beginning of this week. In the long run, ETH continues to transfer from exchanges to cold wallets at an alarming rate, with exchanges accounting for only 6.38% of the available supply (the lowest level since the creation of the currency).
Meanwhile, the community has shown renewed interest in ETH in February. After underperforming relative to other high-cap coins in 2024, expectations have risen that ETH will rebound when the market fully recovers.
Analyst: As the Meme Coin craze fades, the market will rotate from SOL to ETH
Odaily Planet Daily News Cryptocurrency analyst Michaël van de Poppe wrote in X: ETH is starting to gain some momentum. In the Web3 ecosystem, I think we will obviously see a rotation from SOL to ETH. People are tired of the Meme coin casino, which has many flaws, which usually heralds the end of an era. Next is the utility token.
Murad: Ethereum Meme Coins May Outperform Significantly in the Coming Weeks
Odaily Planet Daily News: Meme coin KOL Murad posted on the X platform that the Ethereum-based Meme coin will significantly outperform the market in the coming weeks.
