Bitcoin Withdrawal Sentiment Continues, with a CEX Net Outflow of 3,083.80 BTC in the Last 24 Hours
As of February 17th, Coinglass data shows Bitcoin (BTC) had a total net outflow of 3,083.80 BTC from centralized exchanges (CEXs) over the past 24 hours.
Top 3 CEXs by BTC outflow:
- Binance: 3,073.95 BTC
- Gemini: 236.03 BTC
- Coinbase Pro: 222.72 BTC
Meanwhile, Gate led CEX inflows with 227.01 BTC.
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Spot Gold Sell-Off Intensifies, Down 2.60% Intraday, Extends Losses to Test $4860/oz Downside
Feb. 17, Bitget market data shows spot gold extended losses, falling to $4,860 per ounce with an intraday drop of 2.60%.
New York spot gold plummeted 3.00% intraday, last trading at $4,886.00 per ounce; New York spot silver plunged 7.00% intraday, last at $72.51 per ounce.
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AC Launches Flying Tulip Public Offering, Featuring a "Principal Protection" ftPUT Mechanism
February 17 – DeFi architect Andre Cronje launched the public token sale for Flying Tulip (FT), an on-chain financial system he built.
Prior to the sale, the project completed a $200 million seed round and an oversubscribed presale on CoinList that raised nearly $10 million. The public offering has a $1 billion fundraising cap, and FT’s fully diluted valuation (FDV) hit $1 billion—making it one of the larger protocol launches in the 2026 market cycle.
Designed as a native yield-bearing ecosystem, FT integrates spot trading, margin lending, and its own stablecoin ftUSD. The protocol will deposit 100% of funds into low-risk, high-liquidity yield strategies (e.g., Aave, Lido), only capturing the excess yield spread for operations and token buybacks. This sets it apart from traditional DeFi models that rely on inflationary incentives.
The public sale’s core innovation is the “ftPUT” model: a perpetual on-chain put option mechanism. All FT tokens sold publicly come with the right t
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RPL Surges 62% in 24 Hours Ahead of Major Protocol Upgrade
**RPL Jumps 62% Ahead of Rocket Pool’s Saturn One Upgrade**
As per HTX market data on February 17th, RPL’s 24-hour price surge now stands at 62%, with a market cap of $62 million and a current price of $2.80.
The community is dubbing Rocket Pool’s largest-ever protocol upgrade—Saturn One—a "turning point." The upgrade will go live on the Ethereum mainnet at 00:00 UTC on February 18, 2026 (8:00 AM Beijing Time / 12:00 AM UK Time).
Key upgrade highlights (benefiting RPL holders and protocol growth):
- **RPL Fee Switch Activates**: A portion of the protocol’s ETH revenue will now flow to RPL stakers, enabling true value capture. RPL shifts from pure governance/staking to a "dividend" model.
- **Node Entry Barrier Halved**: Minimum ETH for node operators drops to 4 ETH (from 8 ETH), expected to attract more nodes and boost TVL/rETH adoption.
- **Megapools Launch**: Larger pools for node operators improve capital efficiency, cut gas costs, and enable adjustable commissions.
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Trump's WLFI, World Liberty Forum, to Host Event on Tomorrow at Mar-a-Lago, Focusing on TradFi-DeFi Convergence
**WLFI (Trump Family-Tied Crypto Project) to Host World Liberty Forum Flagship Event at Mar-a-Lago Tomorrow**
On February 17, WLFI—a cryptocurrency project affiliated with the Trump family—announced it will host the flagship World Liberty Forum summit at Mar-a-Lago Estate tomorrow. The closed-door, invitation-only event will draw nearly 400 leaders from global finance, tech, sports, media, and government.
**Key Highlights**
- **Organizer**: WLFI (co-founded by Donald Trump Jr., Eric Trump, and other Trump family members) will focus on the future of the U.S. dollar, its USD1 stablecoin, DeFi, AI, financial infrastructure modernization, and cross-border payments.
- **Featured Guests**: Includes Wall Street and crypto heavyweights like Goldman Sachs CEO David Solomon, Nasdaq CEO Adena Friedman, NYSE President Lynn Martin, Coinbase CEO Brian Armstrong, and Franklin Templeton CEO Jenny Johnson; FIFA President Gianni Infantino and CFTC Chairman are also set to attend. Global music
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Kraken Responds to Trump's Call, Pledges Sponsorship for Wyoming Newborn Account, Citing Crypto-Friendly Regulatory Environment
Cryptocurrency exchange Kraken announced on February 17 that it will sponsor the "Trump Accounts" plan launched by U.S. President Donald Trump, providing funding for eligible newborn accounts in Wyoming.
The news was disclosed by Wyoming Senator Cynthia Lummis on Monday. Under the arrangement, Kraken will fund all Wyoming newborns’ eligible "Trump Accounts."
Kraken Co-CEO Dave Ripley stated the company chose to support the state’s project because Wyoming has taken a "cautious and responsible" stance on crypto regulation, and it also houses Kraken’s global headquarters.
Trump Accounts are U.S. savings plans for minors under 18. As part of the pilot program, the federal government will make a one-time $1,000 contribution to children born between January 1, 2025, and December 31, 2028. Previously, traditional financial institutions including JPMorgan Chase, Bank of America, and Wells Fargo have expressed varying degrees of support.
Kraken has not yet disclosed the specific amo
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