Agentstarter Brand Relaunched as Virtuals Ventures

On February 26th, based on Deribit data, approximately $5 billion worth of Bitcoin (BTC) options contracts are scheduled to expire on Deribit this Friday at 16:00 Beijing time, with the maximum pain point at $98,000. According to Deribit data, among the $5 billion notional value set to expire, $3.9 billion (78%) will expire out of the money (OTM), indicating that these contracts will be of no value. Nearly 100% of the call options are OTM, that is, bullish wagers. Since the Bitcoin price has dropped significantly in the past few days, investors have suffered considerable unrealized losses.

On February 26th, according to Bloomberg, Jeremy Allaire, the co-founder and CEO of stablecoin issuer Circle, stated that digital tokens pegged to the dollar should be registered for operation in the United States. Jeremy Allaire explained in an interview with Bloomberg, "Operating a US dollar stablecoin should not be a get-out-of-jail-free card. Whether it is an offshore company or headquartered elsewhere, if one wishes to offer a US dollar stablecoin in the US, one needs to register in the US, just as we have to register elsewhere."

On February 26th, Geoff Kendrick, the Cryptocurrency Research Director at Standard Chartered Bank, stated that Bitcoin will continue its recent downward trend and is expected to drop by another 10%. Kendrick further added that the decline in US Treasury yields might boost Bitcoin's price. In the long term, against the backdrop of slowing economic growth and rising inflation expectations, US Treasury yields reached a low of 4.32% on Tuesday, which is the lowest level since mid-December. The falling yields may prompt investors to withdraw capital and seek assets with better price performance, like Bitcoin. However, now is not the best time to buy Bitcoin. This is because a US Bitcoin spot ETF may experience outflows. If economic skepticism forces investors to sell their Bitcoin ETF, then Bitcoin's price will surely decline. BlockBeats previously reported that yesterday, the US Bitcoin spot ETF witnessed a net outflow of $9.35 billion, marking the highest outflow since its launch. In Febr

On February 26th, as per official channels, the MEXC trading platform declared a $20 million investment in Ethena's synthetic dollar USDe with the aim of boosting the development of stablecoins. Additionally, MEXC's investment branch, MEXC Ventures, extended $16 million in strategic financing to Ethena.

On February 26th, the Ethereum Foundation officially made an announcement that it will contribute $1.25 million for the legal defense of Tornado Cash developer Alexey Pertsev, indicating that "privacy is normal and writing code is not a crime."

On Tuesday of this past week, Ark Invest purchased 41,032 shares of Coinbase stock for its Next Generation Internet ETF (ARKW), with a value of $8.7 million. During the widespread cryptocurrency market sell-off, it also sold $8.6 million worth of spot Bitcoin ETF. This is the first time since Ark purchased $2.2 million worth of COIN on October 8th of last year that it has bought Coinbase stock for its fund. According to the company's disclosure, as of February 25th, COIN is currently the sixth largest holding in its ARKW fund, accounting for a weight of 5.5% and having a value of approximately $94.4 million.