Selected News
1、Continued consolidation after a corrective rebound, summary of market bottom predictions
4、The US government may face "partial shutdown" again this week
Selected Articles
In the past 24 hours, the crypto market has shown a dynamic of interwoven progress across multiple dimensions. Mainstream topics focus on the security reflection triggered by the AI agent private key leak incident, as well as the re-discussion of token distribution and incentive mechanisms. In terms of ecological development, the Solana ecosystem marked the launch of TGE with Backpack, strengthening the "user-first" token design; Ethereum's side continues to evolve around trading structures and privacy infrastructure on Base; the Perp DEX track has further intensified competition amid mechanism disassembly and new contracts going live.
2.《The battle for access to the Federal Reserve payment gateway, who will win?》
The access rules of the US payment system are at a critical juncture. The banking industry hopes to continue guarding the gateway to the Federal Reserve itself to prevent runs and regulatory disorder; meanwhile, crypto and fintech companies seek to bypass bank intermediaries and connect directly to the core clearing system. The intertwined discrepancies regarding stablecoin yields, account permissions, and regulatory responsibilities escalate this institutional discussion. The focus of the controversy is no longer on a specific account design but on who has the right to directly access the core of the US payment infrastructure.
On-chain Data
On-chain fund flow situation for the week of February 10
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