ChainCatcher news, according to CoinDesk, CryptoQuant's latest analysis shows that the Bitcoin network activity index has fallen to 3760, down 15% from the historical high of November 2024, marking a new low in a year. This index comprehensively measures multiple indicators such as the number of active addresses, transaction volume, block size, and transaction fees. Daily transaction volume has decreased from a peak of 734,000 to 346,000, a drop of 53%; the number of unconfirmed transactions in the Bitcoin mempool has plummeted from 287,000 in December 2024 to 3,000, a decline of nearly 99%, reaching the lowest level since March 2022.The analysis points out that the decline in Bitcoin network activity is mainly due to a sharp decrease in the usage of the Runes Protocol, with its average daily usage dropping from 802,000 in April 2024 to the current 10,000. However, CryptoQuant analysts believe that the decline in network activity may not directly affect Bitcoin's price trend. Data shows a significant increase in long-term accumulated addresses, which historically often indicates a rise in Bitcoin prices, reflecting the market's recognition of Bitcoin as an investment asset and a store of value.

ChainCatcher news, according to CoinDesk, Ethereum software developer ConsenSys founder and CEO Joseph Lubin recently revealed that the company faced financial pressure related to "Operation Chokepoint 2.0" (a government-led crackdown on the cryptocurrency industry) twice during the Biden administration. Sources disclosed that during this incident, Wells Fargo attempted to resist pressure from regulators such as the Federal Deposit Insurance Corporation (FDIC) to maintain account services for the $7 billion-valued company.Lubin stated that the bank had clearly indicated at the time: "We like you, we don't want to do this, we will delay this process as much as possible." However, ConsenSys was ultimately forced to close its accounts. After Trump won the election last November, the bank's relationship manager immediately reached out to ConsenSys's CFO to seek to restore the business relationship.

ChainCatcher News, Kentucky has become the 16th state to propose legislation to establish a Bitcoin reserve, with the bill KY HB376 introduced by Kentucky Representative Theodore Joseph Roberts on February 6.If passed, it will authorize the state investment board to allocate up to 10% of excess state reserves to digital assets, including Bitcoin.

ChainCatcher news, on February 6th afternoon, 14 members of the Hong Kong Legislative Council C15+ met with Financial Secretary Paul Chan and other officials to discuss the new financial budget. Among them, Legislative Council member Wu Jiezhuang proposed a total of 22 suggestions across five major areas, including the development of the Web3 industry.In terms of supporting the Web3 industry, Wu Jiezhuang suggested continuing the development direction of the 2023/24 financial budget and proposed two key measures: first, to invest HKD 50 million to establish a seed fund, using a 1:1 matching ratio to support well-known overseas enterprises and large industry events to settle in Hong Kong; second, to allocate an additional HKD 50 million to establish a dedicated Web3 investment matching fund.

ChainCatcher message, according to the official announcement, Backpack Exchange has added JUP to the margin collateral options.

ChainCatcher message, SlowMist has issued a security alert indicating that potential suspicious activity related to BankX has been detected. Please remain vigilant.According to the official website, BankX introduces a dual-token, partially collateralized, partially algorithmic stablecoin to decentralized finance, claiming that its stablecoin is the first to pay interest to users at the time of minting in circulation while always avoiding liquidation risk.

ChainCatcher news, mining company Riot Platforms mined 527 bitcoins in January, a month-on-month increase of 2%, marking the highest monthly output since December 2023.In contrast, other major mining companies generally experienced a decline in output, with Marathon down 13% to 750 coins, and CleanSpark down 6% to 626 coins.

ChainCatcher news, according to Hong Kong Economic Journal, Hong Kong Telecommunications (HKT) has launched a blockchain-based marketing and rewards platform called Go Wallet, aimed at supporting the retail industry in Hong Kong. Go Wallet utilizes Web3 technology and is built on a public blockchain network, allowing consumers to share electronic coupons and more with community users through social applications like WhatsApp.

ChainCatcher news, the enterprise loyalty platform Superlogic announced the completion of a $13.7 million Series A financing round, led by Powerledger, with participation from Sangha Capital, 10SQ, Nima Capital, Actai Unicorn Fund, Hyla Liquid Venture Fund, and Liquid 2 Ventures, as well as blockchain funds Galaxy Interactive, Recharge Capital, Dispersion Capital, and Sanctor Capital.Superlogic previously stated that it would use digital assets to engage customers. Although NFTs have not been mentioned yet, its CEO and co-founder Lin Dai has revealed that they may explore incentive forms such as issuing "digital badges."

ChainCatcher news, according to Cryptonews, Brazilian Central Bank President Gabriel Galipolo stated that the use of cryptocurrencies in Brazil has significantly increased over the past few years, with stablecoins accounting for about 90% of the country's digital asset circulation.Galipolo pointed out that this trend mainly reflects the growth of cryptocurrency usage in everyday payments, which makes regulatory oversight and tax enforcement more complex. He added that most transactions involve the purchase of domestic and foreign goods.

ChainCatcher news, according to data from the USDD official website, USDD 2.0 officially surpassed a circulation of 100 million coins just 12 days after its launch. As a secure, transparent, and stable decentralized stablecoin, USDD 2.0 maintains a 1:1 peg to the US dollar through its unique security liquidation mechanism, dynamic collateral asset adjustment strategy, and advanced risk management system.It is reported that USDD 2.0 has achieved over-collateralization and is governed by the community. This innovative model creates a transparent and auditable system for users, ensuring that they have complete control over their assets and providing investors with a more reliable and robust choice. Recently, USDD also launched a 20% annual yield staking activity through JustLend DAO.

ChainCatcher message, Coinbase CEO Brian Armstrong posted on X: "If you consider Coinbase as a bank, we currently hold about $420 billion in assets for our customers, which would make us the 21st largest bank in the U.S. by total assets, and it's still growing.If you consider us as a brokerage, then by AUM, we would now be the eighth largest brokerage."

ChainCatcher message, according to SoSoValue data, the encrypted market sector continues to pull back, while the BTC and RWA sectors remain relatively strong, with 24-hour increases of 0.17% and 0.02%, respectively.Within the RWA sector, Clearpool (CPOOL) rose by 20.58%, influenced by multiple news including the launch of Ondo Chain, while Ondo finance (ONDO) increased by 2.16%. The CeFi sector fell by 0.09%, with Binance coin (BNB) rising by 0.69% and Bitget token (BGB) increasing by 2.57%.In other sectors, the Layer1 sector saw a 24-hour decline of 1.72%, but TRON (TRX) rose against the trend by 4.05%. The PayFi sector dropped by 2.56%, the DeFi sector fell by 3.29%, the Layer2 sector decreased by 3.82%, and the Meme sector declined by 4.34%.

ChainCatcher news, according to Reuters, Germany will elect a new parliament on February 23, which could have far-reaching implications for the financial sector of Europe's largest economy.Among them, the far-right Alternative for Germany (AfD) ranks second in the polls, but Germany's mainstream parties refuse to cooperate with it in any government, meaning its proposals may never be realized. Nevertheless, their financial policy plans are the most specific and radical.The AfD calls for Germany to exit the Eurozone, supports "extensive deregulation" of Bitcoin, wallets, and trading, and opposes the digital euro, among other things.

ChainCatcher news, according to Bitcoin Magazine, the legislation for investing in Bitcoin in Utah has passed the House and is now under review by the Senate.

ChainCatcher news, IntoTheBlock reported that yesterday 2.72 billion USDT flowed into trading platforms, marking the largest net inflow since June 2022. The surge in USDT inflows appears to coincide with the recent market downturn that led to massive liquidations, possibly prompting traders to move stablecoins to trading platforms to increase collateral and protect leveraged positions.

ChainCatcher message, the funding rate for BERA on the Binance platform has reached the lower limit of -2% in 4 hours. When the funding rate is positive, long positions need to pay funding fees to short positions. When the rate is negative, short positions need to pay funding fees to long positions.

ChainCatcher news, according to The Block, the RWA asset tokenization platform Ondo Finance announced the launch of a new layer-1 public chain, Ondo Chain, and has gained support from institutions such as Franklin Templeton, Wellington Management, and WisdomTree for ecosystem development.This public chain will combine the security and compliance features of permissioned chains with the openness of public chains like Ethereum. In addition, Ondo Finance has also launched the Ondo Global Markets platform, supporting tokenized trading of over 1,000 securities listed on the NYSE and NASDAQ, including fixed income ETFs and individual stocks.