Odaily Planet Daily News: Celestia founder Mustafa Al Bassam posted on the governance forum, proposing to increase DA fees by four times in the short term to test the price discovery of DA fees, while still keeping the overall fees at a low level, around $0.00008 per Rollup transaction.
Odaily Planet Daily News: The Federal Bureau of Investigation (FBI) has claimed responsibility for the $1.5 billion BYBIT hacking incident by North Korean hackers. The agency refers to this specific malicious network activity in North Korea as "Trader Raiders" and stated in a public service announcement that "Trader Raiders actors are rapidly moving to convert some stolen assets into Bitcoin and other virtual assets, scattered across thousands of addresses on multiple blockchains The FBI also stated that it expects these assets to be further laundered and eventually converted into legal tender. (nbcnews)
According to a report by Golden Ten, S&P Global Market Intelligence stated that next Friday's monthly US employment report (including non farm payroll data) will provide the latest clues about the strength of the labor market. Although the January data showed lower than expected job growth, it also showed a decrease in the unemployment rate from 4.1% to 4.0% and an increase in wage growth from 3.8% to 4.1%. Therefore, labor data is widely believed to support the Federal Reserve's shift towards slowing down interest rate cuts this year, "although more signs are needed to indicate how the economy has been since the presidential election.
According to Bitcoin.com, the European Central Bank (ECB) recently revealed that it is evaluating the impact of a more decentralized cryptocurrency ecosystem on financial markets. In a memo from the January monetary policy meeting, the European Central Bank mentioned that the Trump administration's loose stance on cryptocurrency assets may pose long-term risks, including issues of leverage and overvaluation. The European Central Bank has pointed out that the deregulation of the US financial system, especially in the cryptocurrency sector, may exacerbate financial stability risks and even lay hidden dangers for future financial crises. Recently, the regulation of the US cryptocurrency market has indeed been relaxed, for example, the US SEC has withdrawn multiple lawsuits against cryptocurrency exchanges. Despite the rapid development of the cryptocurrency market, the ECB remains cautious about its risks and regulatory issues, believing that it may pose a long-term threat to global financial stability.
Odaily Planet Daily reported that US President Donald Trump will deliver a speech later on Friday, and market volatility seems to continue to intensify. Griffin Ardern, head of options trading and research at BloFin, a cryptocurrency platform, said: "Domestic policies in the United States have become unstable, and the White House seems willing to exploit this instability. Given the challenges investors face in obtaining accurate forward guidance, many are more inclined to hold low volatility assets... Traders need to liquidate positions to reduce exposure to specific assets before turning to other markets, which explains the decline in almost all asset classes, including cryptocurrencies." (Coindesk)
By Omkar Godbole (All times ET unless indicated otherwise)It's the dip that keeps on dipping. Bitcoin took another hit early Friday, falling below $80,000 and taking February's decline to over 20%. That spurred a bloodbath in the broader crypto market, with ether sliding below $2,100, a level it managed to hold since August.See all newslettersIt's not just crypto. Increased volatility in cryptocurrencies mirrors trends in traditional markets. Compare the 10% jump in the Volmex BVIV, which tracks the 30-day implied volatility in bitcoin, with the equal increase in the MOVE index, which measures the implied volatility of U.S. Treasury notes. The VIX, Wall Street's so-called fear gauge, has risen by 14%. These movements, coupled with a sell-off in growth-sensitive commodity currencies like the Australian, New Zealand and Canadian dollars, are indicative of jitters in the macroeconomy, primarily driven by renewed concerns over potential Trump tariffs, prompting a rotation towards less volatile assets."U.S. domestic policies have become unstable, and the White House seems happy to take advantage of this instability," said Griffin Ardern, head of options trading and research at crypto financial platform BloFin. "Given the challenges investors face in obtaining accurate forward-looking guidance, many are more inclined to hold low-volatility assets ... Traders need to liquidate positions to reduce their exposure to specific assets before transitioning to other markets, which explains the decline across almost all asset classes, including cryptocurrencies."Volatility looks set to remain heightened, with President Donald Trump reportedly scheduled to speak later on Friday. In the meantime, those hoping for a significant rebound in risk assets based on personal consumption data may be disappointed because anticipated soft readings could be overshadowed by tariff concerns and rising forward-looking inflation metrics.While the outlook may seem gloomy, more positive developments could occur once the macro dust settles. Notably, this week there was progress on the regulatory front, with the SEC dropping charges against Uniswap, one of the leading decentralized exchanges, and mulling the same regarding its issues with Consensys.As Evgeny Gaevoy, CEO of leading market maker Wintermute, pointed out at Consensus Hong Kong last week, many are overlooking the evolving attitude of the SEC, and this is a factor the market has yet to fully price in. Plus, the decline in the basis in the CME bitcoin and ether futures, a sign of weakening demand, has stalled and from a technical analysis perspective, bitcoin is fast closing toward a potential demand zone. So, stay alert!goes live in 17 U.S. statesPectra hard fork network upgradeepoch 222464Athene Network (ATH) mainnet launchBugis network upgradeBITFWULFTSE: GLXYreduction of the Smart Burn Engine activitydistribute staking rewardsVeChain Builders AMAETHDenver 2025Crypto Expo EuropeBitcoin AliveMoneyLIVE SummitWeb3 Amsterdam ‘25Next Block ExpoDC Blockchain Summit 2025Solana APEXBy Shaurya MalwaALERT: LAZARUS LAUNDERING THROUGH THORCHAIN - MINIMUM $240M SO FAROver $240M of ETH has been sent through Thorchain by Lazarus-tagged wallets on Arkham.These funds have mainly been swapped for native BTC. pic.twitter.com/C1EYtj6aFwFebruary 27, 2025Source: Farside InvestorsBitcoin Tumbles to $80K, XRP Loses Key Support as Trump Tariffs Regain Centrality, Dollar Index RisesBitcoin Sell-Off Could Be a Textbook 'Breakout and Retest' Play: GodboleTrump’s Tariff Onslaught Is Coming Faster Than His Team Can Carry It OutChina Vows ‘All Necessary Measures’ Against New US TariffsSterling Outshines Rivals on Stronger Economic DataMexico Sends Major Drug Capos to U.S. as Trump Tariff Threat Looms