BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

On February 13, Telegram founder Pavel Durov noted that the platform offers a "free and powerful" Bot API for chatbot and Mini App developers. New features—including colored buttons and custom emojis—are being added regularly, and updates can be tracked on the official Bot API page.

On February 13, market sources report that the Trump administration is preparing to nominate a Federal Reserve Chair in Washington. (FXStreet)

February 13th As the crypto bear market trend solidifies, market sentiment remains subdued. Pessimism has spread from the secondary market to the more seasoned primary market investment community—and even into the VC space. Last week, Multicoin co-founder Kyle Samani announced he is stepping down from Multicoin Capital. Today, DeFiance CEO Arthur voiced pessimism, stating the crypto venture capital model is dead. He added the firm will only invest in purely cash-flow-positive businesses going forward. Meanwhile, Moonrock Capital founder Simon Dedic noted he’s spoken with at least five top VCs and industry insiders this week. These contacts either doubt the market will fully recover, or have already exited crypto and shifted their focus to AI and Web2 stocks.

Bloomberg reported on February 13, 2024, that AI industry leaders including Marc Andreessen, Ben Horowitz, and Greg Brockman have donated $50 million to a super PAC named "Leading the Future." The group is backing candidates in November’s congressional elections who push for lighter regulation of artificial intelligence.

The report notes the move draws cues from the crypto industry’s political playbook during the 2024 election cycle.

February 13 – U.S. Treasury Secretary Benson stated that inflation could ease back to near 2% by mid-2026, reiterating that GDP growth is likely to hit 3% in 2025.

On February 13, LookOnChain monitoring data shows the Mixin hacker has begun selling 59,854 ETH after two years of inactivity, with the total value hitting $117 million. Fifteen hours ago, the hacker transferred 2,005 ETH to TornadoCash. Moments later, three new wallets received 2,087 ETH (valued at $4.03 million) from TornadoCash and sold the tokens at $1,933 each. As of now, the hacker still holds 57,849 ETH (worth $113.4 million) and 891 BTC (worth $59.7 million).