vision

According to official social media news, Huobi HTX will hold a special live event "Huobi Karaoke King - Spring Festival Golden Melody Battle Night" on February 13 at 20:00, inviting He Youqian, the champion of the Beijing division of "The Voice of China," the Huobi team, and several crypto KOLs to perform. During the live broadcast, Huobi HTX spokesperson Molly will also draw Spring Festival gift boxes for users.

According to Bloomberg, German securities trading platform operator Boerse Stuttgart Group plans to merge its crypto business with Frankfurt-based digital asset trader Tradias.According to a statement released on Friday, the newly formed business unit will have approximately 300 employees and will be jointly operated by a management team from both Boerse Stuttgart and Tradias. Financial details have not been disclosed.

According to Bloomberg, Naveen Mallela, the global co-head of JPMorgan's blockchain division Kinexys, has left the company. Meanwhile, the bank is accelerating its expansion into digital asset payment services. Mallela took on the role in 2024 and had been with the bank for over ten years.A JPMorgan spokesperson confirmed that Mallela has left and stated that a successor will be appointed soon.

According to Jinshi News, the U.S. January non-farm payroll report will be released at 21:30 Beijing time tonight, and Wall Street warns that the data is likely to fall short of expectations. The market is focused on the annual benchmark revision, with expectations that over a million jobs will be directly wiped out by 2025, and the overall employment trend will be recalibrated, which will affect the Federal Reserve's assessment of the pace of interest rate cuts.

Ethereum co-founder Vitalik Buterin elaborated on his latest views regarding 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, avoiding the replacement of humans by AI or entrapment in insurmountable power structures; second, to ensure system security, mitigating existential risks posed by superintelligence and chaotic scenarios resulting from imbalances in offense and defense.Around this vision, he proposed four key short-term building directions and emphasized that Ethereum will play an important role in them:Build technological tools that support trustless and private interactions, including local large language models, zero-knowledge proof-based API payments, cryptography-driven privacy enhancement solutions, and client-side verification mechanisms for various proofs and certifications.Establish Ethereum as the economic coordination layer for AI-related interactions, supporting scenarios such as API calls, employment and collaboration between autonomous robots, margin mechanisms, and potential future on-chain dispute resolution systems and AI reputation frameworks.Promote the realization of the cypherpunk vision of "self-verification," enabling users to interact directly with Ethereum applications through local models, autonomously generate and verify transactions, complete smart contract audits, and independently assess the trust models of decentralized applications.Leverage artificial intelligence to expand the scale of human judgment and collaboration, activating complex mechanisms such as prediction markets, decentralized governance, and quadratic voting, to build a more efficient and inclusive market and governance ecosystem.Vitalik concluded that the aforementioned directions reflect the idea of achieving decentralized collaboration and system resilience through technology, and combined with AI and cryptographic techniques, they are expected to push social and economic designs, previously limited by human cognitive and coordination capabilities, towards reality.

According to community user records, Multicoin co-founder Kyle Samani stated yesterday in response to X user Taran (@Taran_ss) regarding the "bear market complaints":"Cryptocurrency is not as interesting as many people (including myself) once imagined. I used to believe in the vision of Web3 and in dApps. Now I don't. Blockchain is essentially just an asset ledger. They will reshape finance, but that's about it, nothing much more. DePIN is another noteworthy area. Cryptocurrency will continue to improve, but all the truly interesting questions have already been answered, except for the issue of on-chain privacy/confidentiality. (I still firmly believe that Zama will win this race.)"Shortly after, Kyle quickly deleted the tweet and earlier today posted a resignation announcement, stating that he has decided to step down from Multicoin Capital and will continue to serve as the chairman of Forward Industries (the largest SOL treasury company), looking forward to taking a break and exploring new directions in the tech field.Kyle also tweeted in response that he remains extremely bullish on SOL and cryptocurrency personally, and will continue to participate in the cryptocurrency space both as an individual and as the chairman of Forward.However, Multicoin Capital's letter to LPs may further validate the notion that "Kyle is no longer interested in crypto." The letter states, "Kyle's interests have expanded from cryptocurrency to other tech fields such as artificial intelligence, life sciences, and robotics, and he has decided to invest time in exploring these emerging technologies."

The Executive Director of the U.S. Presidential Advisory Committee on Digital Assets, Patrick Witt, stated that the White House will not accept provisions in the cryptocurrency market structure legislation that directly target President Trump or his family's digital asset businesses, as such content has been clearly marked as a "red line."Witt mentioned that the anti-corruption or ethical provisions previously proposed by some Democratic lawmakers are "completely unacceptable," emphasizing that the core of the bill is the regulation of the cryptocurrency market, not ethical scrutiny. He expressed hope that the Democratic side could propose a more "reasonable and negotiable" version to advance the legislation.Witt also pointed out that the current primary goal of the White House is to facilitate a bill that can be submitted for the President's signature, while seeking a compromise amid the disagreements between the banking sector and the cryptocurrency industry regarding stablecoin revenues. However, he also admitted that the Democratic demand to restrict government officials and their families from participating in the cryptocurrency industry remains one of the main obstacles to advancing the legislation.

Vitalik Buterin posted on the X platform, stating that there has been an increasing discussion about the ongoing role of L2 in the Ethereum ecosystem. Due to the slow progress of L2 entering phase 2, and the expansion of L1 itself, it is expected that the Gas limit will significantly increase by 2026. This means that the original vision of L2 as Ethereum's "branded sharding" is no longer applicable, and new paths are needed.Vitalik Buterin pointed out that L1 no longer needs L2 as branded sharding, and that L2 cannot or is unwilling to meet the attributes required for true branded sharding. He suggested that L2 should identify value points beyond "scalability," such as privacy, efficiency for specific applications, extreme levels of scalability, non-financial application design, ultra-low latency, and built-in oracles. When handling ETH or other Ethereum assets, L2 should at least reach phase 1 and support maximum interoperability with Ethereum. Additionally, Vitalik Buterin stated that he has become more convinced of the value of native Rollup precompiles in recent months, especially after having the ZK-EVM proof needed for scaling L1. This precompile would make EVM verification without a security committee feasible. He believes that research should be conducted on how to design this precompile so that it can verify the EVM portion when L2 includes "EVM and other content." This would make achieving secure, robust, and trustless interoperability with Ethereum easier and enable synchronous composability.

Real Vision co-founder and CEO Raoul Pal stated on a podcast this week that, according to the global liquidity model, Bitcoin's price should currently be around $140,000. However, the "1011" event caused cryptocurrencies to lag behind the stock market and gold. Raoul Pal attempted to recap what he believes to be the process of the "1011" event in the video as follows:On that day, a significant macro shock (Trump's tariff policy) led to a collective explosion of highly leveraged positions. During the peak of the liquidation cascade, Binance's API briefly went down, preventing professional market makers from placing orders, providing liquidity, or hedging risks. A chain reaction followed, with liquidations continuing to amplify, forcing major CEXs to step in with their own balance sheets to prevent a complete system collapse.Raoul expects that the CEXs passively absorbed a large amount of assets during the event (potentially around $10 billion in inventory). The reason for the market's subsequent long-term weakness is that the CEXs that took over at that time concentrated on algorithmic selling during the U.S. stock market opening hours to gradually sell off their inventory.Raoul anticipates that the "digestion period" of this round of selling pressure is expected to clear by the end of February, and believes that after the selling pressure is cleared, Bitcoin will quickly rebound and reach $140,000. Additionally, Raoul believes that the debt risk of Strategy is manageable, and Saylor has cleaned up the balance sheet through bond/equity issuance.However, in response to the above speculation, Zhao Changpeng publicly stated during a Space on Friday that "the 1011 crash was not caused by any issues with the Binance system or operations; Binance is regulated and has no conditions to engage in any violations."

According to Jin10, Sonu Varghese, a global macro strategist at Carson Group, stated that if the nominee for Federal Reserve Chair is Waller, it could lead to a more hawkish Fed. Although Waller has recently talked about rate cuts, if he advocates for significant cuts, he may lack credibility in persuading other committee members, which could ultimately lead to a serious division within the committee and increase market volatility in the short term.

Google has announced the launch of Agentic Vision------a brand new AI feature in Gemini 3 Flash that transforms image understanding from a static behavior into an active process. By combining visual reasoning with code execution, the model can derive answers based on visual evidence and consistently improves quality by 5-10% across most visual benchmarks.

According to Cointelegraph citing Politico, U.S. Republican Senator Roger Marshall has agreed not to push for an amendment regarding credit card fees that he proposed during the Senate Agriculture Committee's review of a key cryptocurrency bill next week.The amendment aims to force businesses to compete on swipe fees, but the White House believes this move could jeopardize the advancement of the entire crypto bill, thus intervening to coordinate. The Senate Agriculture Committee was originally scheduled to review the market structure bill this Thursday, but it has been postponed to February 3 due to a winter storm sweeping across many parts of the U.S. The bill aims to clarify the regulatory responsibilities of financial regulatory agencies over the cryptocurrency industry, but the review process has been delayed multiple times as bipartisan committees attempt to garner cross-party support.

Co-founder of Neynar, Rishav Mukherji, published a post outlining the vision for Farcaster: Neynar will maintain the Farcaster protocol, run the Farcaster client, and be responsible for the operations of Clanker. Some members of the Clanker team will join Neynar. Neynar has always been an important infrastructure provider for the Farcaster ecosystem, and this integration is a natural evolution after years of deep involvement in the community.The vision is to enable builders to move from ideas to sustainable income, creating a "builder-first" network. The core value of Farcaster lies in the long-established community of builders, a group that has driven key innovations such as Frames, Degen, and Warpcast. The value of Farcaster is not only in the products but also in those who experiment, share knowledge, and build openly. Neynar's acquisition of Farcaster has a core mission to make software building simpler.At the product level, there will be no major adjustments to Farcaster, Neynar, or Clanker, and rumors about the protocol or client being discontinued are not true. The Neynar developer platform will continue to exist, and financial and transaction-related functions will remain unchanged. The next phase will involve assessing product priorities, gradually advancing the roadmap while maintaining the openness of the network. As the barriers to software building continue to decrease, combined with crypto-native financial tracks and open distribution mechanisms, Farcaster is expected to become an important starting point for creators and developers to experiment, collaborate, and scale.

Pump.fun announces the establishment of its investment division, Pump Fund, which will promote the development of startup projects within the ecosystem by establishing long-term partnerships with them.The first initiative of Pump Fund is the launch of a $3 million BiP hackathon: it will have a valuation of $10 million, investing $250,000 in 12 projects, and providing selected projects with guidance from the founding team of Pump.fun, among other forms of support.

According to Cointelegraph, Patrick Witt, head of the White House Cryptocurrency Council, stated that the U.S. is still making progress in establishing a strategic Bitcoin reserve, but some "less common legal provisions" are slowing down the process.Currently, several government agencies, including the Department of Justice (DOJ) and the Office of Legal Counsel (OLC), are discussing the legal and regulatory authority issues related to the Bitcoin strategic reserve. Witt pointed out that while the arrangements may seem straightforward on the surface, the differences in statutory authority among different agencies complicate the execution process. Related issues are still being coordinated, and the Bitcoin strategic reserve remains a priority in current policy.Previously, Trump signed an executive order in March 2025 to establish a "strategic Bitcoin reserve" and a "digital asset reserve pool," but the order only allows the inclusion of BTC obtained through judicial forfeiture into the reserve and does not authorize the government to purchase Bitcoin on the open market, which has caused dissatisfaction among some members of the Bitcoin community.Despite the controversies at the policy level, the U.S. government is still exploring potential implementation paths that are compliant and do not increase the fiscal deficit.

Bitget recently released a new series of promotional videos starring World Cup champion Julián Álvarez, vividly interpreting its Universal Exchange (UEX) concept through football culture. The video materializes the complex asset allocation logic into a stylized football equipment store, transforming diverse assets such as crypto assets, tokenized stocks, gold, and foreign exchange into competitive elements like footballs, shin guards, and sneakers. This intuitively conveys the core strategic intent of "one-stop trading of high-quality global assets," helping users allocate funds more efficiently across different asset classes.Bitget's Chief Marketing Officer Ignacio Aguirre stated, "Just as professional football players need to be equipped with the most suitable gear in the same professional setting, Bitget provides traders with seamless access to diverse assets on one platform. Compared to traditional trading methods that require frequent platform switching, UEX emphasizes the integration of asset coverage, execution efficiency, and operational flexibility, and this convenience itself is a competitive advantage."

Ethereum co-founder Vitalik Buterin posted on social media that in 2014, he envisioned building a decentralized, permissionless application network based on a technology stack. Now, all the conditions to realize the original Web3 vision are in place and will continue to strengthen. It is time to build a decentralized world.He mentioned that the decentralized messaging protocol Waku has supported applications like Railway and Status, and IPFS performs strongly as a decentralized file retrieval method, although storage issues need improvement. Taking Fileverse, a decentralized alternative to Google Docs/Sheets, as an example, its usability has significantly improved, utilizing Ethereum and Gnosis chains for account handling, processing documents with decentralized messaging and storage, and also through open-source "exit tests." He criticized the various drawbacks of "corporate bloated products" and cited cases to prove the risks are real.Today, decentralized applications like Fileverse are good enough to use. He frequently uses them to write and collaborate on documents, contrasting this with the difficulty of decentralized applications in 2014. He calls on builders to collectively embrace the decentralized renaissance.