AICoin Daily Report (February 16)

CN
AiCoin
Follow
25 days ago

1. U.S. Senator Encourages Bitcoin Investment

2. U.S. Credit Card Debt Hits All-Time High

3. Hong Kong Securities and Futures Commission Develops Virtual Asset Roadmap

The Hong Kong Securities and Futures Commission (SFC) held its first virtual asset advisory group meeting yesterday with licensed virtual asset trading platforms (VATP). SFC CEO Ashley Alder stated that after the establishment of the group, VATP license holders could provide feedback on the future operations of VATPs, improving the liquidity of virtual asset trading, and enhancing Hong Kong's competitiveness in virtual asset development internationally. Alder further mentioned that the SFC hopes to develop a roadmap for virtual asset development and diversify products, while also providing assistance for consultations on virtual asset custody and over-the-counter (OTC) trading. -Original

4. BNB Chain Gas Fees Surpass Ethereum for the First Time

BNB Chain has surpassed Ethereum in total gas fees over the past 7 days. Nansen CEO Alex Svanevik stated, "As far as I know, this is the first time this has happened." CZ commented on this data, saying, "Take it slow, move steadily." -Original

5. Pump.fun Launches Mobile App to Boost Memecoin

Memecoin generator Pump.fun has launched a mobile application for iOS and Android devices, making its platform more accessible to users and effectively doubling the ongoing memecoin craze. The new mobile app from Pump.fun features similar functionalities to its web interface. It allows users to create their own Solana-based memecoins for free and trade existing tokens on the go. The company detailed in an announcement on Friday that the app includes tools for users to manage their memecoin portfolios and create custom watchlists to monitor tokens. Just weeks ago, Pump.fun faced a proposed class-action lawsuit accusing the company and its executives of violating U.S. securities laws. At this time, the ongoing memecoin trend seems to be accelerating. Bobby Ong, co-founder and COO of a cryptocurrency data aggregator, emphasized on social media that 600,000 new tokens were issued just in January of this year, a 12-fold increase compared to the same period in 2024. Ong attributed the surge in token issuance to monthly highs set by token launchpads like Pump.fun, which simplify the token creation process and allow users to do so without any technical expertise. While issuing new tokens is easier than ever, Ong also noted that new blockchains and decentralized exchanges are rapidly growing. He stated that at this rate, "in the next five years," there could be a billion tokens in circulation. The sheer number of new tokens may dilute available liquidity and attention. "There are too many tokens, and each token spreads traders' limited attention and liquidity even thinner. That’s why we haven’t seen the great altcoin surges of previous cycles," Ong stated on social media. CZ's dog made a fortune for a memecoin creator and outperformed everyone else. -Original

6. Wrapped AVAX Wallet Accumulation Surges

Despite the price of Wrapped AVAX (WAVAX) dropping over 4% in the past 24 hours, the accumulation of wallets on the Avalanche blockchain has surged. Data shows that today, a total of 3,898 wallets increased their WAVAX holdings, nearly double the recent average of 1,600. Wrapped tokens are cryptocurrencies that represent assets from another blockchain or token standard, with a value equivalent to the original cryptocurrency. Wrapped tokens can be used on certain non-native blockchains for trading and lending on DeFi platforms, and then redeemed for the original cryptocurrency. Although a price drop typically indicates bearish sentiment, the rise in accumulation may suggest that some traders see long-term potential in WAVAX. However, whether this buying activity will translate into price stability or a rebound remains to be seen. Shortly before the wallet accumulation, major cryptocurrency exchange Binance added AVAX as a cashback option for its Bybit Card product, following technical advancements achieved through the Avalanche9000 upgrade at the end of last year. The Avalanche ecosystem has also been seeing increasing integrations, including the expansion of BlackRock's tokenized fund BUIDL onto it. Wrapped AVAX is a tokenized version of Avalanche's native AVAX coin, enabling broader compatibility across decentralized finance (DeFi) applications. The growing number of wallets holding WAVAX may indicate that users are preparing for future DeFi activities. The DeFi ecosystem of Avalanche includes major protocols like Aave and Lido, which have seen a slight decline in total locked value over the past few months. However, according to data from DeFiLlama, the network's trading volume has been steadily increasing. -Original

7. GoPlus Security Launches High APY Staking Program

Web3 On-Chain Security Layer leader GoPlus Security has officially launched a GPS token staking program with an annual percentage yield (APY) at industry-leading levels. The program offers three flexible staking options to meet the needs of different investors. This staking program will last until February 15, 2026 (UTC 8:00). GoPlus Security stated that it will continuously monitor staking activities and may adjust rewards to benefit the community, with any adjustments only increasing rewards, not decreasing them. -Original

The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin (aicoin.com)

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink