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Bitcoin's market capitalization rises to $1.36 trillion, ranking fourteenth, with a 24-hour increase of 3.29%. The social sentiment index approaches a four-year low, retail investor panic reaches a peak, and the technical outlook is close to the 200-week moving average.

ChainCatcher Message: According to Coinglass data, if BTC drops below $64,614, the total long liquidation strength on major CEXs will reach $1.288 billion. Conversely, if BTC breaks above $71,364, the total short liquidation strength on major CEXs will reach $1.209 billion.

ChainCatcher reports that, according to Coinglass data, if ETH drops below $1,910, the total liquidation strength of long positions on major CEXs will reach $837 million. Conversely, if ETH breaks above $2,110, the total liquidation strength of short positions on major CEXs will reach $560 million.

The NBA faces issues regarding player transfers and compliance with financial products. Giannis announced after the trade deadline that he became a shareholder of the sports prediction platform Kalshi Sports to avoid direct scrutiny, with betting volume reaching $23.31 million. The Bucks announced before the deadline that they would not trade him.

Trend Research's loss on ETH is approximately $734 million, with previous long profits of $315 million, resulting in an overall loss of $419 million. Despite the significant loss on ETH, the fund remains profitable overall, as profits from other cryptocurrencies like WLFI and FORM offset this loss.

The Chinese government has issued new regulations clarifying the regulatory framework for the overseas issuance of onshore assets and the tokenization of real-world assets (RWA), including specific regulatory authorities for external debt, equity, and asset securitization RWA, ensuring lawful and compliant regulation and enhancing transparency.

Odaily Planet Daily reports that Polymarket website data shows that the trading volume for the "Super Bowl" event in the United States exceeds $690 million, currently at $699 million.
There is only one final game remaining, with Seattle having a 68% chance of winning the championship and New England a 32% chance.

The Vietnamese Ministry of Finance plans to impose a 0.1% tax on cryptocurrency transfer transactions, aligning with the stock trading tax rate. Individual investors are required to pay this tax based on the transaction value, while institutional investors must pay a 20% corporate income tax. Additionally, cryptocurrency transfers are exempt from VAT, and the legal capital threshold for establishing a digital asset exchange is 100 trillion VND, with a foreign ownership limit of 49%.

ProCap Financial's Chief Investment Officer Jeff Park stated in an interview that in the future, loose monetary policy may no longer be the key to a Bitcoin bull market. Price increases could continue in a rising interest rate environment, referred to as the "positive correlation Bitcoin" phase, which will disrupt the logic of the traditional financial system.

The Hong Kong Securities and Futures Commission held a Digital Asset Advisory Group meeting to discuss regulatory developments with licensed virtual asset trading platforms, emphasizing the enhancement of liquidity and service diversity, and committed to balancing innovation with investor protection to promote a sustainable digital asset market.

BlockBeats News, February 7th, trader Eugene Ng Ah Sio posted on his personal channel that the BTC OG insider whale (Eugen believes this whale is Garrett Jin) has started to liquidate his BTC holdings. He doesn't want to be his bagholder (Exit

ChainCatcher reports that, according to Coinglass data, the total liquidations across the network in the past 24 hours amounted to $676 million, with long positions liquidated at $226 million and short positions at $450 million. Among these, Bitcoin long positions were liquidated at $118 million, Bitcoin short positions at $283 million, Ethereum long positions at $46.968 million, and Ethereum short positions at $87.699 million.

In the past week, Bitcoin's price dropped below $60,000 for the first time, leading to a surge in Google searches for "Bitcoin," reaching the highest level in 12 months. Search volume from February 1 to 7 reached 100, setting a new record.

Odaily Planet Daily reports that Coinglass data shows that in the past hour, the total liquidation across the network reached $80.26 million, including approximately $65.08 million in long positions and $15.18 million in short positions. Additionally, BTC liquidations amounted to $48.34 million, and ETH liquidations reached $16.23 million.

PANews February 7 News, according to Arweave Explorer data, the Arweave (AR) network has not produced a new block for over 24 hours. The last recorded block, number 1,851,686, was generated on February 6 at 11:18:15 (GMT+8).

BlockBeats News, February 7 — According to Lookonchain monitoring, "BTC OG insider whale" transferred 1,599 BTC (worth approximately $112 million) to a new wallet within the past two hours.

ChainCatcher reports that, according to Arkham data, at 14:27, 195.33 BTC (worth approximately $13.66 million) was transferred from an anonymous address (starting with bc1qtghdkd8...) to another anonymous address (starting with bc1qynd3cmx...).

ChainCatcher Message: YZi Labs official announced on social media that they have noticed some accounts impersonating YZi Labs investors on the X platform. To ensure user safety, please verify through the official website, where all social accounts of YZi Labs investors are listed.

ChainCatcher reports that, according to Arkham data, at 13:55, 57,571.14 SOL (worth approximately $5.06 million) was transferred from an anonymous address (starting with D9gA...) to another anonymous address (starting with 23zTe...).