RIVER (River) increased by 22.85% in the past 24 hours

This New XRP ETF Pays Monthly Income — But It Doesn’t Actually Hold XRP

The Defiance XRP LightningSpread Income ETF, unlike traditional crypto ETFs, does not hold XRP but uses futures and options strategies to generate income. This product focuses on cash flow rather than direct price exposure to XRP, appealing to institutional investors while alleviating custody concerns.

Sui Joins Ethereum and Solana as Coinbase-Supported Token Standard

Coinbase has adopted the Sui token standard, enhancing trading and custody services for Sui alongside Ethereum and Solana. This partnership aims to simplify asset management for institutions and developers, reflecting growing interest in Sui-based investment products.

Analysis: Bitcoin has fallen for three consecutive days after dropping below $70,000, but the timing for medium- to long-term positioning may have already appeared.

Bitcoin has fallen for three consecutive days after reaching $70,000, and market panic sentiment has intensified. Although spot trading volume has decreased, stable ETF capital inflows have offset selling pressure. On-chain data indicates that this correction is mild, and short-term prices are still expected to be highly volatile. The market is paying attention to US economic data that could influence risk asset sentiment.

LayerZero Launches ‘Zero’ Layer 1 as Citadel, ARK Buy ZRO - Unchained

LayerZero is launching a new Layer 1 blockchain named Zero, designed for tokenized markets and high-throughput finance. Notable investors include Citadel Securities and ARK Invest, with partnerships involving Google Cloud and DTCC, aiming for high scalability and efficiency.

Pre-NFP Shock in the US: Bitcoin Drops to $66,000, Market Bets on Employment Data Influencing BTC Movement

February 11 News, due to the market's high attention to the upcoming release of the U.S. January non-farm payrolls and unemployment rate, Bitcoin prices have sharply retreated to around $66,000 in the past 24 hours. The dollar and U.S. Treasury yields are moving in sync, with Wall Street generally believing that employment may rebound, which would weaken the Federal Reserve's possibility of cutting interest rates in June, thereby putting pressure on risk assets including Bitcoin. The U.S. Bureau of Labor Statistics (BLS) will release the January employment report today. Economists expect non-farm payrolls to increase by about 70,000, higher than December's 50,000, indicating that the labor market, while slowing, remains resilient. The forecast range varies from a decrease of 10,000 jobs to an increase of 135,000, with the unemployment rate possibly remaining at 4.4%. Average hourly earnings are expected to grow by 0.3% month-over-month, with the annual growth rate slowing to 3.6%.

USDT Market Cap Experiences Negative Growth for the First Time in Two Years: Does the Fluctuation in Stablecoins Signal a Mid-term Shift for Bitcoin?

February 11 News, as the largest stablecoin by market capitalization, USDT has recently shown rare signals. Its market cap growth, after expanding for two consecutive years, has turned negative for the first time, sparking market concerns about a weakening mid-term trend. Multiple on-chain indicators show that changes in stablecoin supply are becoming a key reference for measuring risk appetite and liquidity in the crypto market. Data shows that the 60-day moving average of USDT market cap change, as reported by CryptoQuant, turned negative in February. The last time a similar situation occurred was in the third quarter of 2023. Historical charts indicate that when USDT supply continues to grow, new liquidity often flows into crypto assets; when the growth rate is negative, it suggests funds are more inclined to withdraw from the market rather than wait for a rebound. Analyst Crypto Tice pointed out that a contraction in purchasing power weakens downside support, making short-term rebounds more susceptible to selling pressure.