GateNewsBot

Gate News bot message, Trend Research sent all 651,757 ETH to CEX valued at $1.34 billion. The entity initially bought 651,310 ETH from CEX and earned 447 ETH on Aave. Earlier, Trend Research had borrowed $20 million USDT to purchase 6,656 ETH from CEX and supplied it into Aave V3, according to Onch

The White House is about to hold a cryptocurrency meeting primarily to discuss stablecoin yield issues. Major banks hope to restrict crypto companies from offering high yields, fearing it could impact their own business and financial stability. The meeting will address the future of the Cryptocurrency Market Structure Act, with the White House urging all parties to reach a consensus by the end of the month.

PANews February 8 News, according to Cointelegraph, Bullish CEO Tom Farley stated in an interview with CNBC that there may be a trend of more projects being acquired by large companies in the cryptocurrency industry, which could lead to a more unified industry landscape in the coming months. Farley believes that industry consolidation should have happened one or two years ago, but inflated valuations maintained false optimism. Many companies will realize that "they have no business, only products."

Bitwise Chief Investment Officer Matt Hougan pointed out that the current nine major narratives are expected to lead the next cycle of cryptocurrencies, including revenue-based products, the integration of AI and DeFi, fiat currency devaluation, institutional adoption, regulatory progress, stablecoin growth, asset tokenization, DeFi revival, and new opportunities in Ethereum development.

Odaily Planet Daily reports that Yi Lihua posted on the X platform stating that market cycles are still valid. With the resilience of the US stock market and the new phase of DAT/ETF, the consensus in the crypto circle remains unbroken, and the market has characteristics that are easily manipulated. Yi Lihua believes that entering a bear market is a good time to lay out plans, similar to the previous cycle where positioning during a bear market led to gains. Yi Lihua expressed optimism about the future, remains bullish on the next bull market opportunity in the industry, and will continue to work hard to build.

BlockBeats News, February 8 — On the 4th of this month, U.S. Treasury Secretary Janet Yellen testified before Congress, stating that the Treasury Department and the Financial Stability Oversight Council (FSOC) do not have the authority to "rescue" Bitcoin, nor do they have the power to require banks to purchase it as part of their reserves.
Yellen emphasized that American taxpayers' money will not be invested in crypto assets. The Bitcoin currently held by the U.S. government is confiscated asset from law enforcement, and is entirely different from funds managed on behalf of taxpayers.

Odaily Planet Daily reports that Du Jun posted on the X platform stating that Li Lin will not sell Bitcoin to exchange for Ethereum. His family office, Avenir Group, is still the largest holder of IBIT under BlackRock in Asia. The U.S. Securities and Exchange Commission (SEC) 13F report is updated quarterly. Regarding Ethereum holdings, approximately 80% have been staked and held long-term. According to Du Jun, 95% of Li Lin's funds are managed by the family office team, with no external institutions or individuals entrusted with management.

BlockBeats News, February 8 — Scam Sniffer released the January 2026 security report. In January, a user lost $12.25 million due to copying transaction records with an incorrect address. In December last year, another victim lost $50 million for the same reason. Additionally, January saw a surge in signature-based phishing attacks, with a total of 4,741 victims losing a combined $6.27 million, a 207% increase compared to December last year.

PANews February 8 News, according to the Pentagon Pizza Watch account tracking the Pizza Index from Jinshi, there has been a surge in activity around pizza shops near the Pentagon. The activity at District Pizza Palace, 1.0 miles from the U.S. Pentagon, skyrocketed by 250%; We, The Pizza, at the same distance, followed with a 149% increase; at 0.5 miles, Extreme

According to tracking data from RootData, over the past 7 days, the Flap project has become the project with the most new X Top followers, including crypto KOLs like Sha Po Lang. Additionally, Chiliz has also performed notably in follower growth.

According to data from the Web3 asset data platform RootData, in the past 7 days, the Solana-based AMM DEX HumidiFi has been unfollowed the most on X (Twitter), with influential figures including Ansem, Inversebrah, and 0xSun. At the same time, Warden Protocol, Zama, and Almanak have also been unfollowed frequently.

PANews February 8 News, Arthur Hayes tweeted that Bitcoin derivatives do not trigger price volatility; they only amplify two-way fluctuations. The crypto market crash is not due to any secret conspiracy. Fortunately, there was no government bailout, allowing for the quick clearing of over-leveraged investors and the restoration of the upward trend.

Odaily Planet Daily reports that Arthur Hayes posted on the X platform stating that BTC derivatives do not cause price volatility; they only amplify fluctuations in both directions. There is no secret conspiracy in the cryptocurrency market to cause a crash. Without government bailouts, the market can quickly clear over-leveraged investors and restore an upward trend.

Gate News bot message, Trend Research sold another 20,770 ETH valued at $43.57 million in the past 20 minutes, with only 10,303 ETH ($21.5 million) remaining in holdings.
According to Lookonchain, Trend Research has nearly liquidated all of its ETH position. The entity previously withdrew 792,532 E

Arweave ecosystem members stated that their block explorer displays outdated data due to local caching, misleading users into thinking the chain has stopped producing blocks. In reality, the Arweave team responsible for normal transactions and block generation is working on resolving the issue.

Odaily Planet Daily reports that Bitcoin.com News posted on the X platform that Illinois introduced the "Community Bitcoin Reserve Act" earlier this week. The bill aims to establish a state-operated program that holds Bitcoin through multi-signature cold storage, with the Altgeld Bitcoin Reserve being the first to be set up. According to the bill, the reserved Bitcoin can only be traded or sold if authorized by new legislation.

Gold and silver prices rose to $4,965.51 and $77.840 respectively, with significant increases; the volatility index slightly increased, the USD to RMB exchange rate dipped slightly, while USD to JPY slightly rose. WTI and Brent crude oil also increased.