🇺🇸📝 US now has 44% more home sellers than buyers, one of the largest gaps in history.
🤔 According to Blockspace, citing sources familiar with the matter, Magic Eden will shut down its Bitcoin and EVM marketplaces and discontinue support for its multi-chain wallet.
The BTC and EVM marketplaces are expected to close in the first week of March. The multi-chain wallet will enter export-only mode in mid-March and be fully discontinued in early April.
The company will continue to support Solana NFTs and assets. link
The BTC and EVM marketplaces are expected to close in the first week of March. The multi-chain wallet will enter export-only mode in mid-March and be fully discontinued in early April.
The company will continue to support Solana NFTs and assets. link
🇺🇸🏦 US Federal Banking Regulator Proposes Rule to Restrict Stablecoin Rewards. #stablecoin
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📊 At the Bitcoin for Corporations conference in Las Vegas, Morgan Stanley’s Head of Digital Asset Strategy, Amy Oldenburg, announced plans to develop the firm's own Bitcoin custody and trading services. She also mentioned exploring yield and lending functions, stating, “We will absolutely do it—it’s a natural part of the roadmap.” link
🐳 The OTC whale who purchased significant amounts of $BTC and $ETH at the beginning of the market downturn appears to be exiting.
He sold 23,500 $ETH for $47.77M to repay his loans 9 hours ago.
Between Jan 8 and Feb 2, he acquired 163,405 $ETH for $440M at an average price of $2,691.
From Feb 2 to Feb 5, he bought 4,000 $cbBTC for $296M at an average price of $74,004.
He is currently down as much as $135M. link
He sold 23,500 $ETH for $47.77M to repay his loans 9 hours ago.
Between Jan 8 and Feb 2, he acquired 163,405 $ETH for $440M at an average price of $2,691.
From Feb 2 to Feb 5, he bought 4,000 $cbBTC for $296M at an average price of $74,004.
He is currently down as much as $135M. link
🚀 Jack Dorsey announced that Block will cut nearly half of its workforce, reducing headcount from over 10,000 to under 6,000, with more than 4,000 employees departing or entering consultation. He stated that the company remains financially strong with growing gross profit, and the move reflects a shift toward a smaller, flatter, AI-centric organization, opting for a one-time restructuring rather than phased layoffs. link
🥷 Wikipedia co-founder Jimmy Wales stated on X that Bitcoin will not go to zero due to its robust design, barring unforeseen cryptographic failures or a 51% attack. However, he believes Bitcoin will fail as money and a store of value, potentially dropping below $10k by 2050, viewing it more as a hobbyist asset rather than a successful currency, and noted that AI bots have not adopted crypto at scale. #hack link
🇺🇸🔮 Polymarket trader SCssss returned after over a year of silence, placing a $150K bet that the U.S. will confirm the existence of aliens before 2027, with odds at just 16.8%.
Previously, he wagered $50K on Kamala Harris winning the U.S. presidential election but lost that bet. link
Previously, he wagered $50K on Kamala Harris winning the U.S. presidential election but lost that bet. link
🕵️ According to an investigation into the ZachXBT insider probe event on Polymarket, more than 3,630 addresses bet on “Axiom,” with 56.2% ending up profitable. Among the Top 10 highest-profit addresses, 8 are considered insider-linked, generating over $1.2 million in combined profits, typically with very few trades, sometimes only a single market. In total, 3 addresses earned more than $100,000, 47 earned between $10,000 and $100,000, while 2 lost over $100,000 and 50 recorded losses between $10,000 and $100,000. link link