GameStop is considering investing in Bitcoin and other cryptocurrencies

Odaily Planet Daily News: Santiment stated in an article on X that currently, the average cost of Ethereum transfers is only $0.41, while the highest point in the past two years was $15.21. When Ethereum transaction fees are low, it usually means that the network will not be too crowded. When users transfer ETH or tokens without paying high fees, this is usually a good sign for the medium and long-term price outlook. Traders believe that these low cost levels typically occur when prices are considered 'low' or 'bearish'. These reduced costs make it easier for new buyers to enter the market. On the other hand, when the cost is high, it usually means there is a lot of activity online. This usually occurs when ETH prices rise rapidly, as more and more people compete to trade or use Ethereum based applications. Just as extremely high fees can sometimes deter traders or lead to short-term adjustments, extremely low fees (as we see now) typically incentivize users to return and increase the network's utility to a thriving level.

According to Cryptoslate's latest disclosure to the US Securities and Exchange Commission, Bank of New York Mellon held over $13 million worth of Bitcoin ETFs at the end of the fourth quarter, including 115108 shares of WisdomTree Bitcoin Fund (BTCW) worth approximately $11.87 million, and 25309 shares of BlackRock iShares Bitcoin Trust (IBIT) worth approximately $1.4 million.

According to Bloomberg, Singapore's blockchain platform DigitFT will provide a tokenized version of the $6.3 billion Invesco Private Credit Fund. A statement from DigitFT on Wednesday stated that institutional investors can use US dollars or stablecoins USDC and USDT to purchase tokenized shares of the underlying assets of the Invesco fund. Henry Zhang, CEO of DigitFT, stated that the Invesco fund invests in the company's senior secured loans and has an annualized net return of 4.5% since its establishment in 2006. Henry Zhang said in an interview, "This is the first and only tokenized private equity credit fund that provides daily liquidity. Currently, most tokenized private equity credit funds have quarterly or even longer redemption cycles, which makes them less attractive to investors seeking higher flexibility." Henry Zhang said that compared to the underlying funds that require a settlement time of up to 5 days, DigitFT aims to ultimately provide instant settlement for the tokenized version of Invesco Fund.

Odaily Planet Daily News: Coinbase has released a Proof of Reserves for cbBTC. As of February 19th, the current total reserves are 26602.6 BTC, with a total supply of 26490.13 cbBTC and a reserve ratio of over 100%. The supply situation of each network is as follows: Ethereum: 16133.911 CBBTC; Base：7,655.391 CBBTC； Solana：2,649.43 CBBTC； Arbitrum：51.395 CBBTC。

According to a report by Sing Tao Daily, the Hong Kong Securities and Futures Commission has granted another license for virtual asset trading platforms, with the latest being Bullish, which has increased the number of licensed virtual asset trading platforms in Hong Kong to 10. Bullish Senior Vice President and Global Sales Head, Andy Lau, previously stated in an interview with this newspaper that Hong Kong is an important business location with over 100 employees. He hopes to focus on institutional business after obtaining the license. It is worth noting that Bullish has previously acquired CoinDesk, a comprehensive media, event, and index platform. At present, there are 8 platforms on the list of applicants for virtual asset trading platforms. Ye Zhiheng, Executive Director of the Intermediary Department of the China Securities Regulatory Commission, recently stated that the market's standards for licensing issued by the commission are becoming increasingly clear, and new licenses will be granted. However, whether all applicants obtain licenses depends on whether they meet the requirements.