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Ethereum Surges Past $2000, Up 2.44% in 24 Hours

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Feb. 12 — Ethereum rebounded to break above $2,000, posting a 2.44% 24-hour gain, per HTX market data.
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SBF's Post Licking Trump Again, Seeking Pardon or Clemency

### Feb. 12 Update SBF posted a message tagging Donald Trump, claiming businesses were forced to relocate overseas under the Biden administration—but were welcomed back in the U.S. under Trump. He slammed Democratic regulations as "absurd": requiring licenses yet refusing to issue them, making domestic operations unfeasible. Under Trump, the Justice Department stopped targeting entire industries, he said. For years, all liquid prediction markets operated abroad for this reason; now they’re open to Americans, as is the crypto market. Democrats raised corporate taxes, pushing companies overseas and creating loopholes for them to hoard funds abroad, while Trump expanded tax incentives to draw investment back to the U.S. ### Yesterday’s Post SBF published a post (link: https://www.theblockbeats.info/flash/332128) claiming innocence, seeking to overturn his conviction, and accusing the Biden administration of witness tampering and coercion. ### Background On Dec. 2 last year, Tr

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Binance Alpha Launches Story (IP) Airdrop, 240 Points Threshold

On February 12, Binance Alpha will launch the Story (IP) airdrop claiming process. Users with at least 240 Binance Alpha points can claim tokens on a first-come, first-served basis—until the airdrop pool is exhausted or the event concludes.

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American Bankers Association Calls on OCC to Slow Down Approval of National Bank Charters for Digital Asset Firms

February 12 — The American Bankers Association (ABA) is calling on the Office of the Comptroller of the Currency (OCC) to slow its approval process for digital asset companies seeking national bank charters. The banking industry’s top lobbying group said the OCC must ensure its regulatory and bankruptcy framework can address risks from cryptocurrency and stablecoin firms, and urged all stakeholders to exercise patience.

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Insight: Fed's New Chair, Josh Wash, May Not Be the Hawkish Figure Market Expects

On February 12, Krishna Guha of Evercore ISI noted that Kevin Warsh’s hawkish stance on inflation may have been overstated. While his potential nomination initially lifted Treasury yields and pressured gold prices, Warsh should be viewed as a pragmatic conservative who can distinguish between supply-driven and demand-driven inflation — a distinction that could make Fed policy more flexible under his leadership. Warsh has previously argued that artificial intelligence and productivity gains are positive supply shocks that could ease pressure for tighter monetary policy. He supports the Fed’s balance sheet runoff but is unlikely to pursue aggressively tight policies that could roil markets. In a politically charged environment, the Fed’s consensus-driven approach is expected to persist, though it will face extraordinary pressure.

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Binance Futures will list Espresso (ESP) Perpetual Contracts

Binance is set to list Espresso (ESP) across its Launchpool, One-Click Buy Crypto, Instant Exchange, Margin, and Futures platforms on February 12. The ESP contract will go live at 21:00 UTC+8 on the same date.

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GeniusAI Programming Bundle GLM Coding Plan Rare Sold Out Today

February 12. The GLM Coding Plan—an AI programming subscription package from Today's Spectrum—launched today and sold out immediately. It’s rare in the industry for a paid subscription for a Chinese domestic AI coding model to sell out right after launch. Token prices for Chinese domestic large models are just a fraction of those in the U.S. On the call volume leaderboard of OpenClaw (OpenRouter’s global large model API aggregation platform), Kimi K2.5 recently climbed to the top in just one week, overwhelmingly outpacing giants like Gemini and Claude. Chinese domestic large models are leveraging low prices as a catalyst, paired with strong performance to boost user retention—delivering a one-two punch of price and performance to the AI market.

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