PANews reported on February 10 that, according to Arkham data, Bitmine purchased another 20,000 ETH (worth $41.07 million) from FalconX in about 7 hours.

BlockBeats News, February 10 — During the Ondo Summit in New York, former U.S. House Financial Services Committee Chairman Patrick McHenry and White House advisor Patrick Witt stated in a live broadcast that U.S. cryptocurrency legislation is accelerating, and a major bill covering crypto market structure is expected to be enacted within the coming months.McHenry anticipates that the final version of the market structure bill could be submitted to the President for signing as early as Memorial Day. Witt revealed that after the passage of the "Genius Act," President Trump has personally prioritized this bill.Discussing the progress of negotiations, Witt mentioned that recent White House-led meetings on stablecoin yield issues have reached new consensus on several key topics, while also clarifying the "red lines" that remain untouchable. Current legislation is moving from principled consensus to the drafting of specific provisions, with the core goal of ensuring the bill can pass both the Senate and the House.The stablecoin yield issue is considered the biggest point of contention at present. Witt noted that all parties have generally agreed to prohibit misleading practices, such as promoting stablecoins as FDIC-insured deposits; however, the debate centers on whether centralized exchanges should be allowed to pay passive yields on idle stablecoin balances.McHenry emphasized that DeFi is the foundation of crypto market structure legislation—without DeFi, the relevant legislation "simply cannot function." He pointed out that decentralization is the core reason why the crypto system outperforms traditional finance in terms of efficiency, transparency, and cost, and tokenized lending products already have significantly lower costs compared to traditional securities lending.

深潮 TechFlow 消息，02 月 09 日，据链上分析师 Onchain Lens（@OnchainLens）监测，Infini 黑客通过 Tornado Cash 转移 9,154枚 ETH，价值 1933 万美元.

PANews reported on February 9th that, according to Cointelegraph, billionaire Grant Cardone stated that he is listing his Gold Coast mansion for sale at 700 bitcoins, while his neighbor has listed a similar property for $88 million. He said, "Let my neighbor make more fiat currency; four years from now, my choice will still be better."

PANews reported on February 9 that, according to Onchain Lens monitoring, an Infini vulnerability exploiter transferred 9,154 ETH, worth $19.33 million, through Tornado Cash.

BlockBeats 消息，2 月 9 日，据 Onchain Lens 监测，Infini 攻击者通过 Tornado Cash 转移 9154 枚 ETH，价值约 1933 万美元。

BlockBeats news, February 9, according to Bitget data, spot silver broke through $80 per ounce, up 2.84% on the day.

Deep Tide TechFlow news, on February 7th, according to CoinGlass data, the total liquidation amount in the cryptocurrency market over the past 24 hours reached $605 million, with long positions liquidated at $228 million and short positions liquidated at $377 million.BTC liquidation amount reached $367 million, and ETH liquidation was $128 million. Over the past 24 hours, a total of 127,587 people were liquidated, with the largest single liquidation occurring on the BTC-USD trading pair on Hyperliquid, valued at $21.3054 million.

PANews reported on February 8th that, according to CoinDesk, "Big Short" Michael Burry stated that the current Bitcoin decline is similar to the 2022 bear market, sparking discussions about the depth of this correction. Burry posted a chart on the X platform comparing BTC's decline from a high of approximately $126,000 to approximately $70,000, drawing parallels with the early decline of the 2021-2022 bear market. In the previous cycle, Bitcoin fell from approximately $35,000 to below $20,000 before gradually stabilizing. Based on similar decline ratios, some market participants believe the theoretical risk range could point to around $50,000, but Michael Burry did not provide a specific target price. The market has also questioned the validity of analogies based on a single historical cycle, with some trading institutions pointing out that patterns formed from only one historical event have limited reference value. The current market environment differs significantly from that of 2021-2022, including institutional liquidity brought by spot Bitcoin ETFs, changes in market leverage structure, and a shift in the macroeconomic environment from an aggressive interest rate hike cycle to one dominated by cross-asset volatility.

BlockBeats news, on February 8, abnormal fluctuations appeared on the 1-minute charts of Bitcoin and ETH spot on Binance, starting from 00:05 to 00:17, with single-minute amplitudes exceeding 1% or even 3%. As of press time, the abnormal fluctuations have disappeared.Some analysis suggests that this situation may be caused by a malfunction in market maker grid strategies.