According to CoinMeta, on February 23, the Opinion token OPN pre-market contract was launched on trading platforms such as Binance, OKX, and Bybit. Data shows that the total 24-hour trading volume of the OPN pre-market contract exceeded $400 million, with Binance alone accounting for $277 million, ranking 16th in contract trading volume, surpassing the trading volumes of WLFI and HYPE contracts during the same period. Furthermore, Opinion was included in Coinbase's roadmap on February 11, 2026, and completed its Binance Booster event on February 12, 2026.

According to CoinMeta, blockchain detective ZachXBT announced on the X platform that he will release a major investigative report on February 26th regarding a highly profitable company in the crypto industry. The report reveals that multiple employees of this company misused internal data for insider trading over a prolonged period.

According to CoinJie.com, on February 23, Based, a Web3 trading and payment application built on Hyperliquid infrastructure, completed an $11.5 million Series A funding round. The round was led by Pantera Capital, with participation from Coinbase Ventures, Wintertermute Ventures, and Karatage. Edison Lim, co-founder and CEO of Based, stated that the funding round, initiated in the fourth quarter of 2025 and completed last week, used an equity plus token warrant structure, and the valuation was not disclosed. Pantera received an observer seat on the board. This is Based's latest funding round following two rounds of $2.7 million funding announced in 2022, when the team operated under the Suberra brand, focusing on crypto payments. Based, built on Hyperliquid's blockchain and trading infrastructure, positions itself as a consumer-facing Web3 "super app," integrating trading, wallet functionality, fiat currency deposits and withdrawals, and crypto Visa cards into a single interface. The platform combines perpetual contract trading, prediction markets, and crypto payments.

According to CoinShares, the company has permanently reduced the management fee for its flagship Bitcoin exchange trading product, CoinShares Bitcoin ETP (ticker symbol: BITC), to 0.15%, effective immediately. This product is currently the largest physically backed Bitcoin ETP in Europe in terms of assets under management. CoinShares reports that this fee adjustment aims to provide institutional and retail investors with more competitive investment costs. BITC is currently listed on Xetra, SIX Swiss Exchange, Euronext Paris, Euronext Amsterdam, LSE, and Borsa Italiana.

According to CoinShares' latest weekly report released on February 23, digital asset investment products saw an outflow of $288 million last week, marking the fifth consecutive week of outflows, with a cumulative outflow of $4 billion. Trading volume dropped to $17 billion, the lowest level since July 2025. Regional differentiation remained significant: the US market saw an outflow of $347 million, while Europe and Canada recorded a net inflow of $59 million. Bitcoin was the main source of outflows, with a net outflow of $215 million; shorting Bitcoin products recorded the largest net inflow of $5.5 million; some altcoin products saw slight net inflows.

According to Onchain Lens, on February 23, BlackRock transferred 1,134 BTC (worth $75 million) and 7,553 ETH (worth $14.46 million) to Coinbase.

According to CryptoWorld, Mexico's fifth richest man stated that users should buy BTC to protect their assets from inflation and suggested buying when prices fall. (The Bitcoin Historian)

According to data from msx.com, pre-market trading in US crypto stocks generally declined, with COIN down 1.54%, MSTR down 1.64%, SBET down 1.53%, BMNR down 2.14%, and DFDV down 1.88%. msx.com is a decentralized RWA trading platform that has listed hundreds of RWA tokens, including US stock and ETF tokens such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.

According to a report by CoinMeta, crypto research firm 10x Research published an analysis on the X platform, pointing out that Ethereum is at a critical juncture, facing a dual test of valuation and fundamentals. The market needs to determine whether its current downturn is a cyclical bottom or a sign of deeper structural damage. Ethereum treasury company Bitmine is currently suffering approximately $8.8 billion in paper losses, exceeding the approximately $8 billion lost by customers at the beginning of the FTX crash. Bitmine's significant increase in ETH holdings amid weakening demand and ETH prices approaching April 2021 levels has further fueled market controversy. This comparison highlights the potentially huge divergence in capital allocation outcomes and how timing and governance decisions determine the ultimate allocation of long-term value creation. Ethereum's current trading price is approaching a key valuation and cost range, and its core value proposition is facing a structural test. Investors need to carefully assess whether Ethereum is in a cyclical trough or entering a deeper phase of structural damage.

According to data from fees.pump.fun, Pump.fun spent 14,649.99 SOL (approximately $1.2486 million) to repurchase 601.6 million PUMP tokens yesterday. Since starting the PUMP buyback on July 15, it has cumulatively repurchased approximately $301 million worth of PUMP tokens, reducing the total circulating supply by 25.553%.

According to a report by the Financial Times on February 23, Lebanese bankers and politicians are considering selling or leasing a portion of the central bank's massive gold reserves as a way to save the country's economy. The value of these gold reserves has soared with rising gold prices. The Lebanese central bank holds over 280 tons of gold, second only to Saudi Arabia in the Middle East, a rare feat for a small country. The bank began accumulating gold reserves in the 1940s and 50s to support the value of the Lebanese currency. Since 2019, Lebanon has been plagued by economic collapse, but the parties have failed to reach an agreement on a solution. However, the sale of the country's accumulated gold reserves has met with strong public opposition, who see it as a stopgap measure by a minority at the expense of the majority.

On February 23, CoinMeta reported that MANTRA Chain plans to upgrade to v7.0.0 at block height 13,000,000 (expected March 3, 2026). This upgrade will implement governance proposal #25, passed by the community, renaming the native token from $OM to $MANTRA and performing a 1:4 non-dilutive token split, increasing the maximum supply from 2.5 billion to 10 billion while maintaining its economic value. After the upgrade, the token symbol will change from OM to MANTRA, the base unit from uom to amantra, and the decimal places will change from 6 micro-units to 18 atomic units. The chain ID, fully diluted market capitalization (FDV), market capitalization, staking weight, governance weight, and other parameters will remain unchanged. All balances, parameters, and rewards will be automatically migrated proportionally, requiring no manual intervention from holders, stakers, or delegators. Funds in the IBC escrow account will be migrated after returning to the target chain. Previously, it was reported that Binance would support the exchange of MANTRA (OM) tokens and rename them MANTRA.

According to a report by CoinMeta on February 23, Greg Cipolaro, Head of Research at NYDIG, pointed out that the "investable scope" in the crypto space is narrowing, mainly focusing on applications or services that "extend traditional financial products onto blockchain infrastructure." He added that, apart from use cases such as Bitcoin, tokenized assets, stablecoins, some decentralized financial infrastructure, and a few general-purpose blockchains (such as Ethereum), "the probability of large-scale blockchain applications appearing seems lower than previously expected."

According to HyperInsight monitoring, on February 23, the trading volume of gold and silver contracts on Hyperliquid both ranked among the top ten on the platform in the past 24 hours. The total trading volume of the PAXG gold contract combined with the gold-mapped contract GOLD reached $95.01 million, with a total open interest of $228.3 million. The SILVER silver-mapped contract saw a trading volume of $264 million and an open interest of $116 million. Additionally, the COPPER copper-mapped contract saw a trading volume of $31.78 million and an open interest of $24.17 million.

According to CoinMeta, on February 23, U.S. Customs and Border Protection announced that it will cease imposing tariffs under the International Emergency Economic Powers Act (IEEPA) at 12:01 AM Eastern Time on Tuesday, February 24 (1:01 PM Beijing Time). Tariff codes related to IEEPA will be discontinued in the Automated Business Environment (ACE) Customs system starting February 24.

According to a tweet from Bloomberg, Wall Street is increasingly skeptical of artificial intelligence, and the market is worried that Nvidia's stock price may be under pressure regardless of its earnings report this week.

According to a report by AXIOS on February 22nd, a senior US official stated on Sunday that if US negotiators receive a detailed nuclear agreement proposal from Iran within the next 48 hours, they are prepared to hold a new round of talks with Iran in Geneva on Friday. The US official indicated that these current diplomatic efforts may be President Trump's last chance to give Iran before launching a large-scale joint US-Israel military operation (potentially targeting Iranian Supreme Leader Khamenei). The senior US official stated that the Trump administration is awaiting Iran's proposal.