Weekly Editors Picks is a functional column of Odaily Planet Daily. In addition to covering a large amount of real-time information every week, Planet Daily also publishes a lot of high-quality in-depth analysis content, but they may be hidden in the information flow and hot news, and pass you by.
Therefore, every Saturday, our editorial department will select some high-quality articles that are worth spending time reading and collecting from the content published in the past 7 days, and bring new inspiration to you in the crypto world from the perspectives of data analysis, industry judgment, and opinion output.
Now, come and read with us:
Investment and Entrepreneurship
Would this crypto cycle be better without LIBRA and MELANIA?
Be aware of limited liquidity, have a clear selling strategy, and follow the narrative in the market rotation to avoid excessive FOMO. At the same time, always keep some profits in stablecoins and continue to accumulate long-term high-quality assets like BTC.
Realized Market Cap RC (the sum of all tokens valued at their last move) ÷ all current circulating supply = RPC. RPC is also considered the average turnover cost.
From the perspective of the stability of the chip structure, BTC is far better than other mainstream currencies, and ETH is currently the only mainstream currency that makes investors who hold the currency for 12 months still in an average loss.
When the market is sluggish, here are three profit models that do not rely on market trends
Airdrops and yield farming, high FDV new coin short arbitrage, funding rate arbitrage (Delta neutral strategy).
FTX compensation starts, what is the impact of massive SOL unlocking on the market?
On March 1, 11.2 million SOL from the FTX bankruptcy auction will be unlocked, worth $2.06 billion, and the number of unlocked tokens accounts for about 2.29% of the current SOL circulation supply. However, the possibility of triggering a full-scale panic is relatively low. The rational decision-making of institutional investors, the markets digestion capacity, and the resilience of the Solana ecosystem will all become key factors in buffering this impact.
Recently, the U.S. Securities and Exchange Commission (SEC) has accepted and reviewed applications for multiple cryptocurrency spot ETFs, among which the progress of XRP, Litecoin (LTC), Dogecoin (DOGE) and Solana (SOL) ETFs has attracted particular attention.
XRP spot ETF: Applications are active and the SEC’s attitude is slightly open.
Litecoin (LTC) spot ETF: highest possibility of approval.
Dogecoin (DOGE) spot ETF: The probability of approval of the first Meme ETF is 75%.
Solana (SOL) Spot ETF: The SEC needs to overturn its own definition of a security.
Ethereum (ETH) ETF: may introduce a staking mechanism.
Tether’s labor productivity ratio is approximately US$83.03 million per person, and Binance’s labor productivity ratio exceeds US$1 million per person.
Also recommended: Interpretation of Macroeconomic Policies in 2025: What is the Impact on the Crypto Market? Macro Research Report on Crypto Market: Crypto ETF Institutional Entry Wave is Coming, the Crypto Industry May Set New Highs in 2025 Exponential Thinking in Cryptocurrency: Leverage, Asymmetric Bets and Personal Growth .
Meme
Are the non-cryptocurrency speculators attracted by Trump still making money?
Apart from the conspiracy groups, the 24-hour online cryptocurrency pioneers were the first to make money on $TRUMP.
Professor L, who uses hedging trading strategies to short Trump, does not agree with the gambling-style leveraged trading of many retail investors. The essence of contracts is to spread risks, not to amplify returns. But most people do not understand this. Large short-selling funds will not sell at the highest point, but after the market is cut in half, when retail investors say that the decline will not stop and start to buy the bottom, short-selling funds like to short at such a position.
While retail investors are still vying for the “thousand-fold myth”, professional teams have used robots, multi-signature contracts and public opinion engines to transform the MEME track into a 24-hour harvesting machine.
With a retention rate of one in ten thousand, there is no place for retail investors in the MEME forest. As the pond is drained of fish, a large number of players are reluctantly leaving the market.
Why do 99% of people lose money trading Memecoin?
There are three main reasons why Memecoin investors generally lose money: transaction fees (hidden market maker commissions), slippage (MEV costs), market manipulation, and insider trading.
What makes Memecoin less like gambling is that it gives people an illusory sense of control - the illusion that money can be made through research, timing and skill. Yes, some traders are able to make money, but they are a minority, just like professional poker players. Most traders, like most gamblers, will eventually lose money.
Revisiting the Memecoin Cycle: Reflections at the End of the Absurdity
An overview of Memecoins history.
Tiger Research: In the battle for liquidity, are Memecoins the salvation or the grave of CEX?
Platforms represented by Pump.fun have driven the rise of decentralized exchanges (DEX), attracting liquidity and active traders, thereby weakening the early price discovery capabilities of centralized exchanges (CEX).
Exchanges need to integrate on-chain functions and DeFi elements while ensuring the stability and compliance of the platform.
Bitcoin
Dialogue with Michael Saylor: The real $100 billion opportunity is in the third tier
As the worlds largest Bitcoin holder, MicroStrategy will continue to acquire Bitcoin, similar to a digital real estate development company. Even if Bitcoin plummets 98%, the company will not face liquidation risks. The company has permanent capital. Issuing securities with Bitcoin as collateral is far more cost-effective than pledging or lending Bitcoin.
Paying too much attention to the cycle will distract you. In the next 21 years, Bitcoin will rise by an average of 29% per year. Bitcoin has been stabilized and is becoming more decentralized. At the protocol level, most proposals are more like a cancer that does more harm than good to the Bitcoin ecosystem.
In the crypto space, the strongest assets will eventually be monetized, while all others will be demonetized.
People will gradually abandon 20th century assets - real estate, stocks, collectibles, fiat currencies and bonds, and exchange past assets for future assets.
Ethereum
As the largest custodian of staked ETH, Coinbase manages about 21% of the staked ETH, but has not disclosed the information of staked ETH for five consecutive quarters. Data shows that its stake ratio has dropped from 15%, which may be related to address rotation. Although Coinbase emphasizes transparency, it has not disclosed the amount of staked ETH and the support of cbETH. More than 75% of the cbETH circulation supply is unused, reminding investors to pay attention to the underlying staked ETH rather than the LST circulation. Coinbase chose to inflate cbETH through unused supply rather than transparent operation.
Also recommended: Vitalik Chinese AMA: Ethereum needs new stories and new users during EFs internal reform .
Multi-ecology
Playing with BSC chain from scratch: from chain scanning, monitoring to trading
pump Platform: four.meme.
Commonly used on-chain tools: UniversalX, debot, gmgn, OKX Web3 wallet, ave.ai, dexscreener.
Common security checking tools: goplus, honeypot.is, tokensniffer.
RAYDUM (RAY) has a positive outlook: deep liquidity and repurchase advantages; JUP (JUP) has a positive outlook: a market-leading aggregator; METEORA has a positive outlook: a rising liquidity aggregator; ORCA has a negative outlook: insufficient liquidity retention.
The article also highlights key catalysts and risks that need attention.
Also recommended: In-depth interpretation of Messari article: Sei Network Q4 report .
DeFi
Review of the largest liquidation event in history - a stress test for the derivatives market
Last week, ETH open interest dropped by $2.3 billion in a single day, and the total contract position evaporated by more than $14 billion, setting a record for the largest single-day drop in history. While most leveraged players fell in the liquidation wave, Ethenas synthetic dollar stablecoin USDe completed a counter-wind operation: its 24-hour redemption volume reached $50 million, and the secondary market transaction volume exceeded $350 million. The price difference with USDT has always been anchored in the ± 0.1% range. The price curve shows that USDe is highly synchronized with fiat stablecoins such as USDC and DAI, and the synergy between CEX market makers and on-chain arbitrageurs effectively offsets short-term liquidity shocks.
The core mechanism supporting this stability lies in its unique spot + perpetual contract short hedging combination - hedging spot fluctuations through perpetual contracts may create an anchoring mechanism that is more capital efficient than excess collateral; and the dynamic collateral library design attempts to find a balance between yield, liquidity and security.
However, this stress test also revealed potential risks: liquidity coupling risk, dependence on income sources, and tolerance to black swans.
Also recommended: Decoding DeFi 2025: Ten Key Insights from Consumer Finance to Technological Innovation .
Hot Topics of the Week
In the past week, more than $1.5 billion in assets were stolen from Bybit ( special report); Argentine President supported Meme coin and then denied it, which aroused public anger. Many parties came forward to clarify that they did not participate in LIBRA. The insider team tore each other apart . The behind-the-scenes team was interviewed for the first time . Mile and his team unexpectedly changed their position and considered using all $100 million in controlled funds to repurchase and destroy LIBRA . The Argentine President set up a working group to investigate LIBRA-related parties and asked the Anti-Corruption Office to intervene. Argentine lawyers and former officials filed a fraud lawsuit against President Mile , accusing him of promoting LIBRA on social media; KIP Protocol official statement: It did not participate in the issuance process of $Libra tokens, nor did it profit from the issuance of tokens; Argentine President Mile spoke out on the Libra incident for the first time, denying any misconduct , saying that at most 5,000 people were harmed, and the vast majority of investors were Chinese and Americans ; FTX started the first round of repayment distribution; FTX creditor representative: users in five regions including China are temporarily unable to participate in the claim distribution ; SBF changed its political orientation in a recent interview and sought Trumps pardon ; The Consensus conference was held in Hong Kong ( participant collection );
In addition, in terms of policies and macro markets, Tether is actively communicating with US legislators on the stablecoin regulatory bill , which may be signed into law by Trump in April; FOX reporter: The US SEC is very interested in pledges ; Coinbase co-founder: Reached a settlement with the SEC , and the lawsuit is expected to be completely withdrawn; Musk released the AI model Grok 3 ; Trump: Consider distributing 20% of the funds saved by DOGE to Americans and 20% to repay debts; Hong Kong is considering promoting the tokenization of gold ;
In terms of opinions and voices, Wintermute founder: BTC and ETH will continue to rise, but there may not be a full bull market , and the market will focus on protocols with sustainable economic models; samczsun: The Meme coin field has shown a negative sum , and the industry needs to take action to avoid being burned to ashes; Vitalik: He has had a seat on the three-person board of directors of the Ethereum Foundation since 2017; ZhuSu: Its time to go all-in on ETH ; Solana Foundation President: In 2025, I hope to make boring things interesting again, such as stablecoins ; CZ: As a shareholder, Binance will not sell ; WLFI co-founder: WLFI takes an anti-VC development path and is not yet open for trading; Sonic Labs founder: Because I refuse to work on Base , I cannot apply for the Kaito airdrop; Aptos research director accused Monad of plagiarism , and Monad co-founder denied it and said, I was developing it when you were still in diapers;
In terms of institutions, large companies and leading projects, Tether Co-Founder: plans to launch interest-bearing stablecoins on Ethereum and Solana in the second half of the year; HashKey Capital launches HashKey 20 Index Fund ; BNB Chain releases optimization plan to cope with the surge in traffic, and will give priority to Meme coin transactions; Monad launches test network ( interactive guide ); Kaito AI opens airdrop and announces KAITO token economics : total supply of 1 billion, early supporters account for 8.3%; Andre Cronje announces Sonics four visions for 25 years , including fee subsidies, dynamic handling fees, etc.; BinaryX is renamed Four , and BNX tokens will be exchanged for FOUR at a ratio of 1:1;
In terms of data, on February 16, Ethereum gas fees dropped to 0.695 Gwei ; on February 17, the correlation between Bitcoin and the SP 500 index dropped to zero; on February 19, YZi Labs EVM address held a total of $67.78 million in assets unlocked through investment attribution; on February 20, PIs circulating market value exceeded $10 billion , surpassing SUI to rank 15th in encryption;
On the security front, Shaw X’s account was hacked… Well, it’s another week of history.
Attached is a portal to the “Weekly Editor’s Picks” series.
See you next time~
