Ethereum Foundation Launches Treasury Reserve Program, Will Deploy 70,000 ETH to Support Ecosystem and Operations
February 24 — The Ethereum Foundation today announced it has officially begun staking a portion of its treasury holdings to implement the treasury policy it unveiled last year.
On-chain data shows the Foundation completed a 2,016 ETH deposit today, with an expected total of roughly 70,000 ETH to be staked. Staking rewards will flow back to the Foundation’s treasury. The staking uses open-source software solutions Dirk and Vouch, developed by Attestant: Dirk acts as a distributed signing tool supporting collaboration among independent entities across multiple jurisdictions, eliminating single points of failure risk; Vouch enables multi-client composition strategies to reduce client diversity risk.
The Foundation noted its deployment architecture includes minority client nodes and a hybrid of hosted infrastructure plus multi-region self-managed hardware. It added the move will not only strengthen the Ethereum network’s security but also provide sustainable funding for the Foundatio
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A whale has once again increased its position, accumulating a long position of 120,000 ETH, and is currently facing an unrealized loss of $20.59 million.
On February 24, on-chain analyst Ai Yi (@ai_9684xtpa) reported that the bulls who’d accumulated 105,000 ETH in long positions have added to their holdings again, now sitting on a floating loss exceeding $20.592 million.
Currently, two addresses hold a combined 120,000 ETH in long positions, valued at $219 million. Their entry prices are $1,991.53 and $2,012.11, respectively, with liquidation prices at $1,362.75 and $1,350.22. They’ve also paid a total of $472,000 in funding fees.
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Binance will list ADA/USDT, DOGE/USDT, PEPE/USDT, and TAO/USD1 spot trading pairs
Update (February 24, 2026) — Official sources confirm Binance will list four spot trading pairs on February 25, 2026, at 16:00 UTC: ADA/U, DOGE/U, PEPE/U, and TAO/USD1. Trading bot services will also be available for these pairs.
Additionally, ADA/U, DOGE/U, and PEPE/U spot and margin trading pairs will have 0 Maker fees starting at 16:00 UTC on February 25, 2026, until further notice.
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Analyst: Leverage Liquidation Driven This Round of Decline, $60,000 Key Support Area for Bitcoin
On February 24, Presto Research Deputy Researcher Min Jung noted that Bitcoin’s dip below $63,000 appears to reflect broad-based weakening in crypto market sentiment—not a single fundamental catalyst. In the near term, macro headwinds (notably tariff tensions and renewed geopolitical uncertainties) are amplifying digital assets’ risk-off tone.
Jung added: “Notably, while traditional risk assets have held up relatively well, cryptocurrencies have recently underperformed. This divergence suggests the sell-off isn’t purely macro-driven—it also reflects weak marginal demand, thinning liquidity, and ongoing deleveraging in crypto-native markets.”
Bitrue Research Director Andri Fauzan Adziima said: “We’ve seen massive long liquidations—hundreds of millions of dollars wiped out—along with negative funding rates, a sharp drop in open interest, and a heavily bearish skew in the futures market. Short-term holders have taken heavy losses, but long-term holders haven’t started mass selling y
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OKX will list HOOD, TSLA, and MSTR futures trading, supporting up to 5x leverage
February 24 — According to official sources, OKX will officially launch Stock Perpetual Swaps on February 25, 2026, at 3:00 PM Beijing Time across its web, app, and API platforms for users in select countries and regions. Underlying assets include Robinhood (HOOD), Tesla (TSLA), and MicroStrategy (MSTR), with up to 5x maximum leverage.
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"AI Doomsday Report" Author Speaks Out: Market Panic Beyond Expectations, Calls for Imposition of "AI Tax" to Address Unemployment
On Tuesday, February 24, Alap Shah—co-author of the *2028 Global Intelligence Crisis* report—publicly addressed the public, acknowledging the market’s reaction far exceeded expectations and urging the government to tax AI to mitigate the potential looming large-scale unemployment crisis.
Lotus Technology Management’s Chief Investment Officer (CIO), in an interview with Bloomberg TV, warned AI advancements could cut white-collar jobs by 5% in the next 18 months, with the U.S. facing the most severe impact without policy intervention. Service-heavy industries like insurance and banking are at greater risk, he noted.
Shah proposed the government consider taxing incremental or windfall gains from AI to offset labor substitution effects and protect consumer demand. He argued white-collar labor replacement would create a negative feedback loop: companies lay off workers to boost margins, reinvest savings in AI, and drive further layoffs.
The *2028 Global Intelligence Crisis* is a pr
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