Milan Says He Is Willing to Continue as Fed Chair, Powell Becomes "Thorn in the Side"

February 12th — Base.dev has officially launched its ranking feature, per official sources. The ranking automatically highlights standout apps on the Base platform, offering users a more convenient way to discover apps and helping high-quality applications gain greater visibility. The initial rollout focuses on mini-apps within Base App; users can view the latest standings via the popular mini-app ranking. Beyond app performance tracking, the feature boosts social interaction: the platform has rolled out a new share card, letting users easily share apps and display their rankings to drive engagement and community involvement. All apps must be registered on Base.dev to qualify for the ranking. Base.dev noted it will introduce additional ranking categories in the future to enrich the platform ecosystem and encourage developers to actively register and promote their apps.

On February 12, on-chain analyst Ai Auntie (@ai_9684xtpa) noted that two new addresses—likely controlled by the same entity—opened positions 7 hours ago using 985.92 PAXG, valued at roughly $5.014 million. The pair of addresses entered their positions around the same time and each sent small ETH transfers to a separate new address, exhibiting matching behavioral traits.

According to Ashes Monitor, on February 12th—two hours after LayerZero revealed plans to launch its Layer 1 mainnet Zero—Alameda Research’s liquidation address sold 129 million STG tokens (12.9% of STG’s total supply) for 11.142 million ZRO tokens (roughly $24.29 million).

On February 12, TheStreet reported that the cryptocurrency market has yet to recover from the October 11 crash. The total market capitalization of digital assets has fallen from $3.1 trillion a month ago to $2.3 trillion currently. Despite broad bearish sentiment in the market following the crash, JPMorgan remains bullish on the crypto space for 2026. The bank recently noted that institutional inflows and regulatory clarity are expected to solidify gains in the digital asset market. In a report, the JPMorgan analyst team led by Nikolaos Panigirtzoglou wrote: “We’re bullish on the 2026 crypto market—we expect further inflows into digital assets, but this round of growth will be driven more by institutional investors.” JPMorgan analysts currently peg Bitcoin’s production cost at roughly $77,000 per coin, which could form a new price equilibrium level after miner capitulation. If BTC trades below this threshold for an extended period, it may force some miners to exit the market.

On February 12, Onchain Lens monitoring showed a newly created wallet deposited 5.1 million USDC into Hyperliquid and opened a 1x-leveraged short position on GOLD.