Binance will airdrop 3500 EPT tokens to eligible users

On February 7, Arthur Hayes took to social media, noting that the initial BTC price drop may have stemmed from traders hedging against IBIT—BlackRock’s Bitcoin Spot ETF structured product. He also plans to systematically compile a list of all relevant notes issued by major banks to better identify key trigger points that could drive significant price fluctuations.

On February 7, YZi Labs officials announced via social media that they’ve identified fake accounts on X claiming to be YZi Labs investors. To protect user safety, verify all legitimate investor-related social accounts through the official YZi Labs website—this is where all authorized accounts are listed.

Feb. 7 — Per HTX market data, Ethereum has rebounded past $2100, now trading at $2114 with a 10.9% gain over the past 24 hours.

February 7th — Per Bitget market data, U.S. stocks closed sharply higher on Friday: - The Dow Jones Industrial Average (DJIA) jumped 2.47% to notch a new closing high above 50,000 points, finishing the week up 2.5%. - The Nasdaq Composite rose 2.18% but posted a 1.84% weekly decline. - The S&P 500 Index gained 1.97% with a 0.1% weekly drop. Cryptocurrency-related stocks rallied in tandem with the broader market and Bitcoin, posting sharp gains including: - Coinbase (COIN): +13% - Circle (CRCL): +13.56% - MicroStrategy (MSTR): +26.1% - Bullish (BLSH): +10.24% - Gemini (GEMI): +14.63% - Bit Digital (BTBT): +19.6% - SharpLink Gaming (SBET): +15.82% - ETHZilla (ETHZ): +11.61% - ALT5 Sigma (ALTS): +10.39% - American Bitcoin (ABTC): +14.4% - Kindly MD (NAKA): +14.8% - Solana Co (HSDT): +13.47% *(Note: Bit Digital (BTBT) was listed twice in the original with the same 19.6% gain, so it’s consolidated here for clarity.)*

February 7 — Matthew Sigel, VanEck’s Director of Digital Assets Research, noted that unlike past steep Bitcoin price drops with clear triggers, this latest sell-off lacks a single catalyst. That has made it harder to call a market bottom—but could also set the stage for a clearer recovery. Factors driving Bitcoin’s drop to $60k on Thursday include: leverage unwinding, miners forced to offload, fading AI hype, rising quantum computing concerns, and the psychological weight of Bitcoin’s unofficial four-year cycle. **Massive Deleveraging** Futures open interest hit a $90 billion peak in early October but has since plunged from ~$61 billion a week ago to ~$49 billion—meaning the market has unwound over 45% of its peak leverage. **Fading AI Hype** Investors now question whether firms like OpenAI and cloud providers can turn massive infrastructure spending into profits. With ROI on hundreds of billions in infrastructure uncertain and commercialization paths murky, this skepticis

On February 7, crypto analytics firm Glassnode noted in a social media report that on-chain investor behavior around Halloween 2023 pointed to a potential shift into a bear market. Over the subsequent ~100 days, Bitcoin’s price dropped roughly 45%—falling from $110k to $60k. Long-term holder (LTH) profit-taking data shows that since November 1, LTHs have realized an additional ~318,000 BTC in profits. This unusually large sell-off amid bearish conditions has continued to pressure prices downward. However, since early December, LTH holdings have begun to rise, signaling a slowdown in their selling activity. The market unrealized loss ratio has hit ~24% at the $60k price level—well above the bull-to-bear transition threshold. This indicates the market has entered a deep bear market but not yet reached the extreme panic sell-off stage (over 50%), meaning it’s currently in a bubble deflation phase. Additionally, since hitting its October 2023 high, Bitcoin’s price has consistently