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Based: BASED Token TGE Information to be Released on February 8th

2 hours ago

On February 6, omnichannel trading platform Based announced it will release details about the BASED token’s TGE via the Based Foundation’s official Twitter account (@BasedFnd) on February 8.
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U.S. Treasury Secretary: 'Crypto Market Structure Bill' Signing Is Critically Important to Become Law

February 6, U.S. Treasury Secretary Janet Yellen took to X to thank Senator Cynthia Lummis for her continued work in the Senate advancing critical digital asset market structure legislation. She stressed the importance of signing the "Crypto Market Structure Act" into law, noting the digital asset revolution is already underway and expressing confidence that bipartisan leadership will enable the U.S. to ultimately see this revolution through.

9 minutes ago

MegaETH: Will Use Native Stablecoin Revenue to Buy Back MEGA Token

On February 6, MegaETH announced via an X post that it will use revenue from its native stablecoin to buy back MEGA tokens.

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Jiang Zhuo'er: Expects Bitmain's Liquidation Line to Drop to $1500, Ethereum Shows Strong Intent to Rebound from Oversold Territory

On February 6th, Jiang Zhuo'er—founder of Lebit Mining Pool (B.TOP)—said in a post that Yi Lihua has been selling ETH to deleverage, predicting Yi’s goal is to push his liquidation line down to around $1500. He added that the "bomb" of Yi’s large long position liquidations has mostly been defused: Over the past 13 hours, ETH has held steady near $1900 despite 220,000 ETH being unwound in concentrated fashion, signaling strong market buying pressure and a solid intent to repair oversold conditions. In earlier news that same morning, Jiang noted the current decline was severely oversold, having bought the ETH dip at $1850. "This kind of oversold scenario is a once-a-year opportunity," he said.

9 minutes ago

Ignore the Bounce Trend, Swing Whale "pension-usdt.eth" Adds to ETH Short Position to $53.73 Million

On February 6th, HyperInsight monitoring data shows that Binance whale address "pension-usdt.eth" ignored the positive open of the U.S. stock market and added to its Ethereum short position amid a rebound. As of press time, its ETH short position has grown to $53.73 million, with a total holding of 27,104 ETH.

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Trend Research transferred 20,000 ETH to Binance

Feb 6: Trend Research sent 20k more ETH to Binance 10 mins ago, per Arkham data.

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Cryptocurrency Market Resurgence Continues, Ethereum Breaks $2000

February 6th: HTX market data shows the crypto market’s rebound is ongoing, with Ethereum topping $2000 and now trading at $2002.32.

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