1. Popular Coins on CEX
Top 10 CEX Trading Volume and 24-Hour Price Changes:
BTC: +1.91%
ETH: +5.01%
XRP: +2.17%
SOL: -0.44%
BNB: +10.16%
DOGE: +4.68%
SUI: +8.6%
LAYER: -26.84%
LTC: +6.95%
ADA: +2.49%
24-Hour Gainers (Data from OKX):
CAT: +34.99%
NC: +29.19%
BABYDOGE: +25%
USTC: +21.73%
s: +21.21%
NEIRO: +15.97%
SWFTC: +15.2%
JTO: +13.86%
ME: +13.61%
BIO: +13.38%
2. Top 5 On-Chain Meme Coins (Data from GMGN):
TORO
PEAI
XAI
CBC
AXEC
3. 24-Hour Trending Coins
TORO: TORO is believed to be the name of CZ's Belgian Malinois dog, as he occasionally shares photos of his dog Toro on social media. Toro means "bull" in Spanish, which may be related to the bull market in the crypto world. TORO's market cap once exceeded $3 million but has since declined.
CAT: CAT is the governance token of the Telegram game Catizen, which also has features like Launchpool, Open Task, and Play-to-Airdrop. CAT has surged over 34% in the last 24 hours and rebounded significantly today.
Headlines
US January Core CPI Monthly Rate 0.4%, Expected 0.30%, Previous 0.20%
The US January seasonally adjusted core CPI monthly rate was 0.4%, expected 0.30%, previous 0.20%.
The US January unadjusted core CPI annual rate was 3.3%, expected 3.10%, previous 3.20%.
The US January seasonally adjusted CPI monthly rate was 0.5%, expected 0.30%, previous 0.40%.
The US January unadjusted CPI annual rate was 3%, expected 2.90%, previous 2.90%. (Jinshi)
Trump Has Nominated CFTC, OCC and CFPB Heads
According to a document sent to Congress by the White House, President Trump plans to select a16z crypto policy chief and former CFTC commissioner Brian Quintenz to lead the CFTC.
Quintenz has been a vocal advocate for regulatory reforms that would benefit digital asset companies and other new technologies and financial products. If confirmed, he is expected to push for reforms to help the CFTC become the preferred regulator for cryptocurrencies.
CZ: Will Consider Whether to Disclose Pet Dog Details and Issue Meme in a Day
CZ stated on X that he now has the answer, and the way things operate is quite interesting. He will take about a day, as he does for major decisions, to carefully consider whether to respect the dog's privacy or expose this dog for business exposure? He may even interact with some memes on the BNBChain.
Industry News
Hester Peirce: Meme Coins May Not Fall Under SEC Jurisdiction, Could Be CFTC's Responsibility
Hester Peirce, head of the SEC's cryptocurrency task force, stated that "under our current regulatory framework, many existing meme coins may not find a home at the SEC." Peirce mentioned that the US CFTC may be the one to address this issue.
US Plans to Release BTC-e Operator Alexander Vinnik
According to The New York Times on Wednesday, as part of an exchange with Russia, the US will release Russian cybercriminal Alexander Vinnik, the operator of BTC-e, in exchange for the release of US citizen Marc Fogel. Vinnik was arrested in 2017 and detained at the request of the US for allegedly laundering $4 billion through the BTC-e platform. In May, he pleaded guilty to money laundering conspiracy charges and faced up to 20 years in prison. (Reuters)
National Bank of Canada Buys $2 Million in Bitcoin ETF
The National Bank of Canada has purchased $2 million worth of a Bitcoin ETF. (Cointelegraph)
Project News
According to Story's initial incentive plan, its incentive philosophy is based on three core pillars: rewarding real users, incentivizing practical applications and innovative use cases, and ensuring long-term goal alignment.
The initial incentive will account for 10% of the total IP supply. Half (5%) will be distributed directly to users on the public mainnet launch day and in the following months; the other half (5%) will be allocated to ecosystem projects, with the requirement that all rewards must be distributed to end-users.
From the public mainnet launch day, the team will implement strict anti-Sybil measures, including using a Passport scoring system, to ensure that more rewards can be fairly distributed to community members in future initial incentive activities. The tokens saved through Story's anti-Sybil measures will be reallocated to real users in future initial incentive plans, aiming to ensure that Farmers cannot occupy the rewards intended for participants aligned with Story's long-term development goals, and to maintain the healthy development and fairness of the community.
Aethir Announces Expansion to Solana Blockchain
According to the official announcement, Aethir has announced its expansion to the Solana blockchain, and its native token ATH has also been launched on the Solana blockchain. Currently, the ATH rewards for Checker Node and Aethir Edge devices have been distributed on the Arbitrum Layer 2 network. Enterprise customers can now directly purchase computing power on the Solana blockchain, eliminating the entry barrier for development teams to use Solana for AI projects. By enabling ATH transactions on the Solana blockchain, Aethir is simplifying the use of GPU cloud services for its Solana-based customers.
Investment and Financing
OKX Ventures Invests in Web3 Trading App Blum
According to the official announcement, OKX Ventures has announced a seed round investment in the innovative trading app Blum, which aims to create a trading experience that connects DEXs and CEXs for 90 million users. The round was led by gumi Cryptos Capital, with participation from Spartan and No Limit Holdings. Blum also received continued investment from its previous seed round supporters YZi Labs and Top.co, as well as participation from renowned institutions like Bitscale Capital and Wintermute. Blum has now raised a total of $5 million in pre-seed and seed funding.
Voices
Bitwise: Ethereum is in "One of the Most Severely Undervalued Areas in Years"
Bitwise, a crypto asset management firm, said in a report that Ethereum has reached "one of the most severely undervalued areas in years". According to CoinGecko data, as of the time of writing, the ETH/BTC exchange rate has fallen 47% in the past 12 months. However, Andre Dragosch, head of research at Bitwise Europe, believes that Ethereum's pricing is fundamentally wrong relative to on-chain activity and adoption metrics.
Former PayPal President: Bitcoin is the only form of neutral internet currency
Former PayPal President David Marcus said he firmly believes that Bitcoin is the only form of neutral internet currency. (Cointelegraph)
Fed Chair Powell: Many crypto-related activities can be done in banks
Fed Chair Powell said that many crypto-related activities can be done in banks. (Jinshi)
Security Incident
The crypto project WLFI of the Trump family posted on X that the X account of its co-founder Zach Witkoff was hacked and a fake Barron Meme coin was posted. Please do not participate, the team is working to resolve this issue as soon as possible.
