Important news from last night and this morning (February 9th - February 10th)

Hong Kong Victory Securities has suspended cryptocurrency trading functionality for users with mainland Chinese identities.

According to Techub News, Victory Securities (Hong Kong) officially shut down cryptocurrency trading for all users with mainland Chinese identities on the afternoon of February 9, 2026. Only withdrawal permissions remain; deposits and new transactions are no longer supported. This is a continuation of the platform's gradual tightening of services for mainland users, including previous measures such as prohibiting purchases and suspending new address verification, aimed at complying with Hong Kong Securities and Futures Commission regulations and relevant mainland policies. Currently, non-mainland tax resident users can still use cryptocurrency trading services normally, and affected users can continue to withdraw their assets.

The tokenized US Treasury market has surpassed $10 billion.

According to Cointelegraph, the tokenized U.S. Treasury market has surpassed $10 billion, with Ondo Finance, Securitize, Circle, and Superstate being the main issuers.

An address holding over 83.77 million USDT on the Tron blockchain has been frozen.

According to Whale Alert monitoring, about 30 minutes ago, an address holding more than 83.77 million USDT on the Tron chain was frozen.

Crypto.com founder: The official version of ai.com will be rolled out gradually within 48 hours.

Crypto.com founder Kris Marszalek announced on the X platform: "We will begin rolling out the official version of the product gradually to users registered on ai.com within 48 hours—there are currently hundreds of thousands of people in the queue, so a phased rollout is necessary to ensure our infrastructure can handle it." Previously, it was reported that Crypto.com founders acquired the AI.com domain for $70 million, making it the most expensive domain ever sold. Ai.com launched its beta version yesterday.

YouTube influencer MrBeast to acquire teen mobile banking app Step

YouTube influencer MrBeast announced on the X platform that his team will acquire Step, a mobile banking app for teenagers. MrBeast stated that he never received any education on investing, credit building, or financial management growing up, and this is precisely the reason for his partnership with Step—to provide millions of young people with the financial foundation he lacked at the time. Previously, in January, it was reported that Bitmine planned to invest $200 million in MrBeast's Beast Industries.

Base App will discontinue its creator rewards program to fully focus on tradable assets.

According to Cointelegraph, Coinbase's "all-in-one" app, Base App, has announced it will discontinue its creator rewards program and its Farcaster-based social feed, focusing entirely on tradable assets. Base creator Jesse Pollak stated that as the app became more public, "we realized we needed to focus on doing fewer things better," and focusing on tradable assets is the way to achieve this. He explicitly stated that the app's core focus should be trading. The creator rewards program will officially end this Sunday, with final payments distributed on February 18th. Pollak also mentioned that Base App is not an ideal client for Farcaster's social features, but will continue to support the decentralized social network and its developer ecosystem.

Forbes: Binance currently holds approximately 87% of the circulating supply of the USD1 stablecoin.

According to Forbes' analysis of data from blockchain analytics platform Arkham Intel, as of Monday, Binance held approximately 87% of all circulating USD1 stablecoins in its own wallets and user accounts—about $4.7 billion of the total supply of $5.4 billion—making it the third-party exchange with the highest concentration of holdings among the top ten stablecoins by market capitalization. Binance responded that its support for USD1 is no different from other cryptocurrencies, that it is common for large exchanges to hold large amounts of specific tokens, and that Changpeng Zhao's pardon is unrelated to the promotion of USD1. World Liberty Financial stated that the related promotions are standard practice and denied that Binance could exert influence over them. The White House press secretary stated that Trump has never been involved in, and will never be involved in, any conflicts of interest.

Hyperliquid has surpassed Coinbase in nominal trading volume.

According to Artemis monitoring, on-chain derivatives exchange Hyperliquid has surpassed Coinbase in nominal trading volume. Data shows that Hyperliquid's nominal trading volume reaches $2.6 trillion, while Coinbase's is $1.4 trillion, making the former approximately 1.86 times the latter.

The Astra Nova project team has transferred out 5.354 billion RVV in the past four days, accounting for 53.54% of the total RVV supply.

According to on-chain analyst Yu Jin, after Binance announced on February 5th that it would delist the RVV/USDT perpetual contract today (February 10th), the Astra Nova project address transferred out 5.354 billion RVV in the past four days, accounting for 53.54% of the total RVV supply. RVV has also fallen by 59% since the delisting announcement ($0.0027 USD → $0.0011 USD). Of these, 354 million RVV ($607,000 USD) have already entered exchanges such as Bitget, Kucoin, and MEXC. While the remaining 5 billion RVV ($5.97 million USD) have not yet been transferred to exchanges, the addresses receiving these coins transferred RVV to the aforementioned exchanges yesterday, so the possibility of these coins entering exchanges in the future cannot be ruled out.

The contract holdings of XAUT, PAXG, and XAU gold assets have all entered the top 20.

According to Coinank data, the contract holdings of three gold assets, XAUT, PAXG, and XAU, have all entered the top 20. Among them, XAUT has a holding of $339 million (ranked 11th), PAXG has a holding of $323 million (ranked 13th), and XAU has a holding of $234 million (ranked 18th).

Analysis: Bitcoin market sentiment hit an all-time low; contrarian investors believe $60,000 is the bottom for BTC.

According to Cointelegraph, the Bitcoin market sentiment index has fallen to an all-time low, with some contrarian investors believing that $60,000 may be the bottom of this cycle. Data shows that the cryptocurrency fear and greed index fell to a record low of 7 over the weekend, indicating that the market is in a state of "extreme fear." Michaël van de Poppe, founder of MN Capital, pointed out that this indicator, along with the Relative Strength Index (RSI), shows the market is deeply oversold, similar to situations that occurred during the 2018 bear market and the March 2020 pandemic-induced market crash, potentially creating conditions for a rebound.

Vitalik outlined his latest vision for the integration of Ethereum and AI, along with four short-term development directions.

Ethereum co-founder Vitalik Buterin outlined his latest views on the integration of Ethereum and artificial intelligence. He pointed out that the ideal future of artificial intelligence should achieve two core goals: first, to enhance human freedom and empowerment, preventing humans from being replaced by AI or trapped in insurmountable power structures; and second, to ensure system security, mitigating the survival risks brought by superintelligence and the chaotic scenarios caused by imbalances in offense and defense. Around this vision, he proposed four key short-term development directions, emphasizing that Ethereum will play a crucial role: 1. Building technological tools that support trustless and private interactions, including local large language models, API payments based on zero-knowledge proofs, cryptographically driven privacy enhancement schemes, and client-side verification mechanisms for various proofs and authentications.

Bitmine has purchased a total of 40,000 ETH today, equivalent to approximately $83.38 million.

According to on-chain analyst Ember, Bitmine purchased 40,000 ETH, worth approximately $83.38 million, six hours ago. This includes the 20,000 ETH previously detected from FalconX.

Trump sets a 15% growth target; Warsh's potential appointment as Fed head may increase pressure.

According to Jinshi News, Trump stated that his nominee for Federal Reserve Chair could stimulate economic growth at a rate of 15%. This extremely optimistic target underscores the immense pressure Kevin Warsh will face if appointed. It is unclear whether Trump is referring to year-over-year growth or some other metric. The US economy is projected to grow by 2.4% this year, compared to an average annual growth rate of 2.8% over the past fifty years. Since the 1950s, US GDP has only grown by more than 15% a few times, including the third quarter of 2020 when businesses reopened after pandemic shutdowns. These remarks clearly indicate that Trump is pinning his hopes on Warsh to inject momentum into the economy after his appointment, in response to the historically challenging midterm elections for US presidents. It also foreshadows a potentially precarious future for Warsh.

Federal Reserve Governor Waller: The Fed will launch a "simplified master account" this year.

According to The Block, Federal Reserve Governor Christopher Waller stated that the Fed plans to unveil its "simplified master account" proposal by the end of the year. Speaking at an event hosted by the Center for Global Interdependence on Monday, Waller expressed hope that this simplified version of the Fed's master account could be implemented by the end of the year. The traditional master account allows institutions direct access to the Fed's payment system and provides the most direct channel for the supply of US dollars. The proposed "simplified version" would not offer interest on the balance and would also be subject to restrictions such as the inability to obtain loans through the discount window. The consultation period ended last Friday, revealing disagreements between crypto industry participants and community banks regarding whether to allow non-traditional financial companies access to parts of the US payment system. Waller noted, "We must properly address these issues, but if things go smoothly, I hope to complete this work by the end of the year if possible."

Federal Reserve Governor Waller: The cryptocurrency frenzy sparked by Trump may be fading.

According to Bloomberg, Federal Reserve Governor Christopher Waller stated that the recent market sell-off reflects the waning of the cryptocurrency market frenzy fueled by the current US administration, and the sell-off has shaken the asset class. Speaking at the Center for Global Interdependence conference in La Jolla, California, Waller noted that volatility in the crypto market is normal, and the recent fluctuations may stem from regulatory uncertainty and risk management practices by large financial institutions. He believes that many institutions moving from mainstream finance into cryptocurrencies have sold off their holdings to adjust their risk positions.

Bloomberg: Stripe's valuation could reach $140 billion in a new round of takeover bids.

According to Bloomberg, payments giant Stripe Inc. is arranging a tender offer that would value the company at least $140 billion, more than $30 billion higher than its valuation of approximately $107 billion last year. Sources familiar with the matter indicated that the terms of the offer are still subject to change. Stripe declined to comment. Since 2024, the company has frequently made tender offers to allow employees to sell shares without going public. This deal suggests that Stripe may continue to postpone its IPO. Co-founder and president John Collison stated in January that he was happy to remain private and was "still in no hurry to go public."

Jump Trading will provide liquidity in exchange for minority stakes in Kalshi and Polymarket.

According to Bloomberg, market maker Jump Trading is set to acquire minority stakes in Kalshi Inc. and Polymarket in exchange for providing liquidity to prediction market platforms. Sources familiar with the matter revealed that Jump's agreement with Kalshi will grant it a fixed amount of equity, while its stake in Polymarket will increase over time based on the trading volume it provides in the U.S. market. This move allows Jump to acquire stakes in both prediction market platforms. Polymarket is currently valued at approximately $9 billion, and Kalshi at approximately $11 billion. Such market-making agreements resemble venture capital arrangements, with Jump exchanging trading resources for equity. Prediction market platforms rely on market makers to provide liquidity and act as counterparties.

Sources say Backpack is in talks to raise funds at a $1 billion valuation.

According to Axios, citing sources familiar with the matter, Backpack Exchange, a centralized crypto exchange founded by former FTX and Alameda executives, is negotiating a new round of funding at a pre-money valuation of $1 billion. Specifically, Backpack is planning to raise $50 million, but the final size of this round could be larger.

CME Group has launched Cardano, Chainlink, and Stellar futures contracts.

CME Group has launched Cardano (ADA), Chainlink (LINK) and Stellar futures contracts.

Global listed companies made net purchases of $92.83 million in BTC last week, a 24.5% decrease compared to the previous week.

According to SoSoValue data, as of 8:30 AM ET on February 9, 2026, the total net purchase of Bitcoin by global listed companies (excluding mining companies) last week was $92.83 million, a decrease of 24.5% compared to the previous week. Strategy (formerly MicroStrategy) announced on February 9th that it invested $90 million (an increase of 19.5% compared to the previous week) to acquire 1,142 Bitcoins at a price of $78,815, bringing its total holdings to 714,644 Bitcoins. Japanese listed company Metaplanet did not purchase any Bitcoin last week, marking its fourth consecutive week without purchases. In addition, five other companies purchased Bitcoin last week.

MegaETH launches its mainnet and introduces its ecosystem front-end interface, The Rabbithole.

MegaETH announced the official launch of its mainnet and introduced The Rabbithole, an ecosystem frontend that allows users to discover applications, cross-chain transactions, exchange assets, and receive ecosystem notifications.

Backpack announces token economics: 25% of TGE will be released, with 24% allocated to token holders.

Crypto exchange Backpack announced its token economics allocation plan. The total supply is 1 billion tokens, with 250 million released on TGE on the first day. Of these, 24% (240 million) will be allocated to token holders, and 1% (10 million) will be allocated to Mad Lads NFT holders; 37.5% (625 million) will be unlocked in the pre-IPO phase as growth milestones are triggered; and 37.5% (375 million) will go into the company vault after the IPO and will be fully locked one year after the IPO.

Strategy and BitMNR currently have a combined unrealized loss of $12.671 billion.

According to on-chain analyst Ember, Strategy (MSTR) and BitMNR (BMNR) have a combined unrealized loss of $12.671 billion. Bitcoin treasury company Strategy (MSTR) purchased 1,142 BTC last week at approximately $78,815 (US$90 million). It now holds a total of 714,644 BTC (US$54.353 billion), with an average cost of $76,056, resulting in an unrealized loss of $4.971 billion. Ethereum treasury company BitMNR (BMNR) purchased 40,613 ETH last week at approximately $2,072 (US$84.15 million).

Bitmine bought over 40,000 ETH in the past week, holding 3.58% of the total supply.

According to PR Newswire, Bitmine stated that it acquired 40,613 ETH in the past week. Bitmine's total staked ETH amount to 2,897,459, with a total value of $6.2 billion. As of February 8th, its cryptocurrency holdings included 4,325,738 ETH at $2,125 each; 193 BTC; $200 million worth of Beast Industries shares; $19 million worth of Eightco Holdings (NASDAQ: ORBS) shares; and a total of $595 million in cash.

Addresses holding 1,000 to 100,000 BTC recently increased their holdings by 40,000 BTC.

According to Coin Bureau, two major Bitcoin whale groups actively bought Bitcoin as the price fell below $60,000. Wallets holding 1,000 to 10,000 Bitcoins added 22,000 Bitcoins, while wallets holding 10,000 to 100,000 Bitcoins added another 18,000 Bitcoins since last Friday.

Strategy purchased 1,142 bitcoins for approximately $90 million.

Michael Saylor posted that Strategy has purchased 1,142 bitcoins, totaling approximately $90 million, or about $78,815 per bitcoin. As of February 8, 2026, it will hold 714,644 bitcoins, totaling approximately $54.35 billion, or about $76,056 per bitcoin.

Binance: Holding 241 Alpha Credits qualifies you for the second wave of the CahinOpera AI (COAI) airdrop.

According to the official announcement, Binance Alpha has launched the second wave of the CahinOpera AI (COAI) airdrop. Users with at least 241 Binance Alpha Points can claim 100 COAI tokens on a first-come, first-served basis. If the reward pool is not fully distributed, the points threshold will automatically decrease by 5 points every 5 minutes. Please note that claiming the airdrop will consume 15 Binance Alpha Points. Users must confirm their claim on the Alpha event page within 24 hours; otherwise, they will be considered to have forfeited their airdrop.

Metalpha will allocate up to 20% of its annual net profit to purchase Bitcoin.

According to PR Newswire, the board of directors of digital asset management company Metalpha Technology Holding Ltd. (NASDAQ: MATH) has approved a Bitcoin allocation plan, which will allocate up to 20% of the company's annual net profit to purchase Bitcoin.

Miner Cango sold 4,451 bitcoins on the open market last weekend.

According to PR Newswire, Bitcoin miner Cango Inc. (NYSE: CANG) announced that, based on a comprehensive assessment of current market conditions and following approval from its board of directors, it completed the sale of 4,451 bitcoins on the open market over the weekend. These bitcoins were settled directly in USDT, generating a net proceeds of approximately $305 million. All USDT proceeds have been used to partially repay a loan secured by bitcoins.

BlackRock deposits over $240 million worth of Bitcoin and Ethereum into Coinbase.

According to Onchain Lens, BlackRock deposited 2,268.02 bitcoins worth $155.96 million and 45,324 ETH worth $91.78 million into Coinbase, and may deposit even more.

Bitwise listed five cryptocurrency ETPs, including Bitcoin and Ethereum, on the Italian Stock Exchange.

According to Ranciapro, cryptocurrency asset management company Bitwise announced the listing of five cryptocurrency exchange-traded products (ETPs) on the Italian Stock Exchange (Borsa Italiana), including Bitcoin and Ethereum: Bitwise Core Bitcoin ETP, Bitwise Physical Bitcoin ETP, Bitwise Physical Ethereum ETP, Bitwise Diaman Bitcoin & Gold ETP, and Bitwise MSCI Digital Assets Select 20 ETP.

The USDC Treasury minted an additional 250 million USDC on the Solana network.

According to Whale Alert, the USDC Treasury minted an additional 250 million USDC on the Solana network.

Bernstein reiterated his 2026 Bitcoin price target of $150,000.

According to The Block, Bernstein analysts stated that Bitcoin's current decline reflects a crisis of confidence rather than structural damage, calling it the "weakest bear market" in Bitcoin's history. Furthermore, the analysts reiterated their $150,000 price target for Bitcoin by 2026, citing increased institutional investor acceptance, improved ETF infrastructure, and better liquidity.

Espresso (ESP) is listed on Binance Wallet's sixth Prime Sale Pre-TGE.

According to the official announcement, Binance Wallet's sixth Prime Sale Pre-TGE will feature Espresso (ESP). The subscription period is from 8 PM to 10 PM (UTC+8) on February 10, 2026; eligible users must use Binance Alpha Points to participate.

A bot created a Meme coin depicting "Six Major Sects Besieging Bright Peak" and profited $27,000 in just one and a half minutes.

According to on-chain analyst Yu Jin's monitoring, immediately after He Yi posted the tweet, the on-chain trading bot monitored and created the "Six Major Sects Siege Bright Peak" Meme coin. Its market capitalization reached a peak of $1.9 million. The token's creator profited $27,000 in just one and a half minutes: at 16:47:42, they created and used $2,400 worth of BNB to buy 41% of the tokens. At 16:47:53, they began selling, and by 16:49:01, they had sold all their tokens, making a profit of $27,000.

TON Foundation launches TON Pay payment software development kit

According to Cointelegraph, the TON Foundation has released TON Pay, a payment software development kit (SDK) designed to enable cryptocurrency to be used for everyday consumer transactions within the Telegram ecosystem. Positioned as a simple, easy-to-use, wallet-agnostic payment layer, the product allows merchants and mini-program developers to accept cryptocurrency payments directly through Telegram, aiming to establish Telegram as a seamless blockchain commerce hub. The TON Foundation states that TON Pay provides developers with a single software toolkit that integrates with Telegram mini-programs, reducing the cumbersome steps involved in managing wallet infrastructure, settlement, and checkout processes.

Binance: Users holding at least 241 Alpha Credits can claim their airdrop at 21:00.

According to Binance's official announcement, users holding at least 241 Binance Alpha Points can claim the Binance Alpha airdrop at 21:00 (UTC+8) today. It's on a first-come, first-served basis until the airdrop pool is depleted or the event ends.