According to BlockBeats, on February 8th, Time magazine featured Elon Musk on its cover and published an article titled "Elon Musk's War on Washington". On the cover, Musk is wearing a suit and sitting behind a luxurious wooden office desk symbolizing power (or imitating the resolute desk in the US presidential office). On the left side behind is the American flag, and on the right side is the presidential flag, implying that Musk is deeply tied to presidential power and American politics. According to the article, on one hand, there is an institution with a 64 year history, a $35 billion budget, and a mission clearly defined by federal law; on the other hand, there is a political sabotage team used by Musk to dismantle the federal bureaucracy. They call themselves members of the Department of Government Efficiency (DOGE), a group of temporary workers without a charter, website, or clear legal authorization. Its power comes from Musk, the wealthiest person on the planet, who has been tasked with dismantling much of the federal bureaucracy - cutting budgets, weakening the civil service, and depriving independent agencies of the ability to obstruct presidential goals

According to the popularity ranking, ETH's popularity remains the same as yesterday, ranking third. The popularity ranking is as follows: ① ETH （$2617.66，-4.35%） ② SOL （$193.25，-1.46%） ③ ONDO （$1.37，-2.14%） ④ BAN （$0.06356，-9.06%） ⑤ OM （$5.87） AiCoin Contract Transaction Ranking Report: The Bitget 24H contract has a transaction volume of $241.57 billion, ranking fourth globally

According to BlockBeats, on February 8th, Santiment, a cryptocurrency market research firm, released a chart report stating that "Ethereum's market value has fallen 36% from its local high seven weeks ago, leading to a sharp decline in the number of profitable ETH. From daily closing data, the current ETH profit ratio has hit a new low in four months, and the number of profitable tokens has also dropped to its lowest level in three months. As the second largest cryptocurrency by market value, Ethereum's performance is inferior to other large cap currencies, and market sentiment has fallen significantly negative. Despite the current panic (FUD) and continuous selling by retail investors, once the cryptocurrency market stabilizes, Ethereum may experience an unexpected rebound

According to The Data Nerd monitoring, a total of 12624 ETH (approximately 33.12 million US dollars) have been withdrawn from the exchange in the past 24 hours, with the main withdrawal addresses and amounts including: Extract 915 ETH (approximately 2.46 million US dollars) from address 0xC37 Extract 3235 ETH (approximately 8.82 million US dollars) from address 0x11d Extract 670 ETH (approximately 1.78 million US dollars) from address 0x3aA Extract 600 ETH (approximately 1.55 million US dollars) from address 0x013 Extract 2500 ETH (approximately 6.48 million USD) from address 0x562 (possibly belonging to Berachain) Extract 500 ETH (approximately 1.56 million US dollars) from address 0xF36 Extract 2000 ETH (approximately 5.23 million US dollars) from address 0x23F Extract 2220 ETH (approximately 5.83 million US dollars) from address 0xC3e

Imron Khan and Qiao Wang, founders of AllianceDAO, a Web3 venture capital accelerator, recently stated in a podcast that many current projects combining AI and blockchain seem far fetched, but there are also teams that integrate AI technology into blockchain applications in a more natural way. They believe that in the future, the integration of AI and blockchain will be more seamless, and users will only feel the improvement in product performance without realizing the technology behind it. The two also analyzed recent market trends, including policy changes in the United States, the development of Bitcoin spot ETFs, and L1/L2 public chain competition. The rumor that the United States may establish a Strategic Reserve (SBR) for Bitcoin has attracted market attention, and if the plan is implemented, it may drive a surge in institutional demand. In terms of public chains, Solana has gradually become the first choice for entrepreneurs, with rapid ecological growth, while Coinbase's Base is facing pressure due to insufficient liquidity. Meanwhile, the rise of new public chains such as Sui and Aptos is challenging traditional L2 solutions. In addition, tokenization has become a new mode of entrepreneurship. For example, the founder of Vine launched Vine token to try to restart the application, and the market value of Trump coin has also soared due to political influence. The two believe that tokenization strategies may become an important tool for startups, and brand tokens will also change fundraising and user engagement methods.