Nvidia CEO Jensen Huang: OpenAI invites us to invest up to $100 billion
According to Jinshi News, Nvidia CEO Jensen Huang stated: "OpenAI has invited us to invest up to $100 billion. Investing in OpenAI has never been a promise. We will invest step by step."
SBF posted multiple tweets in support of Trump's encryption policies and criticizing Biden.
Sam Bankman-Fried (SBF), founder of FTX, recently posted a series of articles on his X platform account, stating that US President Trump is right on cryptocurrency issues, while Biden has messed it up. These posts reportedly came a few days after the release of former Alameda Research CEO Caroline Ellison. SBF also praised Trump's actions on issues outside of cryptocurrency, claiming, "All the world leaders I've met have had enough of Biden, who chose Gary Gensler as Chairman of the SEC." According to data from the crypto prediction platform Polymarket, traders currently believe there is a 17% chance Trump will pardon SBF before 2027.
Crypto analyst PlanB wrote on the X platform that Bitcoin closed at $78,635 in January, a drop of about 38% from its all-time high. Currently, Bitcoin's 200-week moving average is around $58,000, and the realized price is around $55,000 and trending downwards. Meanwhile, the RSI has fallen below 50, entering its model's defined "bear market zone." PlanB pointed out that historically, Bitcoin has often fallen back to the 200-week moving average or near the realized price during bear markets. However, due to the relatively weak momentum of this bull market and the lack of strong top signals, future pullbacks may be relatively limited.
"Federal Reserve mouthpiece": Trump jokes he'll sue Warsh if he doesn't cut rates.
Nick Tmiraos, a well-known figure in the Federal Reserve, revealed in an article on the X platform that US President Trump attended an event and gave a speech the day after announcing Kevin Warsh as the chairman of the Federal Reserve, and joked that he would sue Warsh if he did not lower interest rates.
According to Token Unlocks data, tokens such as HYPE and BERA will see large-scale unlocking next week, including:
Hyperliquid (HYPE) will unlock approximately 9.92 million tokens at 8:00 AM Beijing time on February 6th, representing about 2.79% of the circulating supply, with a value of approximately $305 million.
Berachain (BERA) will unlock approximately 63.75 million tokens at 9 PM Beijing time on February 6th, representing about 41.7% of the circulating supply, with a value of approximately $30.8 million.
XDC Network (XDC) will unlock approximately 841 million tokens at 8:00 AM Beijing time on February 5th, representing approximately 5.00% of the circulating supply, with a value of approximately $29.3 million.
Ethena (ENA) will unlock approximately 40.63 million tokens at 3 PM Beijing time on February 2nd, representing about 0.55% of the circulating supply, with a value of approximately $5.7 million.
Vitalik Buterin published an article on the X platform discussing the design philosophy of creator coins, pointing out that the crypto industry's overall effectiveness in content incentives over the past decade has been limited. The core problem is not insufficient content supply, but rather a lack of mechanisms for selecting and discovering high-quality content. Given that AI can now generate large amounts of content at low cost, the industry's goal should shift from "incentivizing more content" to "identifying and amplifying high-quality content."
Vitalik believes Substack is a successful example of creator incentives, its key being proactively selecting and supporting high-quality creators through the platform, rather than relying solely on mechanism design. He points out that existing creator token projects generally suffer from a structural problem: "users with high social influence dominate the leaderboards," rather than truly reflecting content quality.
At the solution level, Vitalik proposed establishing a non-tokenized Creator DAO, where members would vote to select creators while maintaining clear content positioning and scale control to build stable brands and commercial bargaining power. Simultaneously, creators would be allowed to issue personal tokens; if they join the Creator DAO, the DAO's revenue could be used to buy back and burn these tokens, transforming speculators into "predictors of high-quality creators," thereby reducing pure speculative cycles and improving the efficiency of selecting high-quality content. Vitalik stated that future effective governance mechanisms may increasingly combine prediction markets with multi-party governance structures to enhance the system's resistance to manipulation and ensure goal consistency.
Michael Saylor posted another Bitcoin Tracker update, writing "More Orange." Based on previous experience, Strategy may disclose its holdings data next week.
Sunil, a representative of FTX creditors, stated on the X platform that the next round of funding distribution for FTX is expected to take place on March 31. Currently, the total amount of claims settled is approximately $9.6 billion, including approximately $780 million in claims under $50,000, approximately $7.8 billion in claims over $50,000, and approximately $1 billion in non-customer claims. Sunil also pointed out that the dispute reserve has decreased by approximately $2.2 billion. If the remaining approximately $2 billion is distributed, it is estimated that claims over $50,000 may receive approximately $1.7 billion in additional payouts. Overall, FTX's debt recovery progress continues, and the subsequent distribution schedule still depends on the progress of dispute settlement and asset realization.
CrossCurve (formerly EYWA), a cross-chain liquidity protocol, has confirmed that its cross-chain bridge protocol is "under attack" due to a vulnerability in its smart contract being exploited, resulting in the theft of approximately $3 million across multiple networks. Blockchain security firm Defimon Alerts discovered that the attack exploited a gateway verification bypass vulnerability in CrossCurve's ReceiverAxelar contract. Analysis shows that anyone could use a forged cross-chain message to call the contract's expressExecute function, bypassing expected gateway verification and triggering unauthorized token unlocking on the protocol's PortalV2 contract. The protocol, backed by Curve Finance founder Michael Egorov, had previously raised $7 million in funding.
According to Onchain Lens monitoring, the "1011 Insider Whale" has deposited 15,001 ETH, worth $34.57 million, into Binance to repay loans. In the past two days, this whale has deposited a total of 121,185 ETH, worth $292.37 million.
According to Onchain Lens monitoring, the whale "7 Siblings" purchased another 11,333 ETH for $26.13 million. Over the past two days, it has spent a total of $57.21 million, purchasing 24,139 ETH at an average price of $2,370 each. 7 Siblings currently has open orders and plans to purchase more ETH through CoWSwap.
According to on-chain analyst Ember, Trend Research has stopped its losses by selling 33,589 ETH (US$79.12 million) and then withdrew 77.52 million USDT from Binance to repay the loan, reducing the liquidation price of its ETH lending positions from US$1,880 to around US$1,830.
Trend Research currently holds: 618,000 ETH ($1.43 billion), with an average cost of $3,180; a loss of $562 million (realized loss of $27.71 million + unrealized loss of $534 million); and leveraged loans of $941 million.
Silver prices rebounded during the day, after falling more than 10% in early trading, and are currently trading at $85.3 per ounce.
According to Caixin, Steve Sosnick, chief strategist at Interactive Brokers, believes that silver's recent performance resembles that of a "meme stock." While the strengthening dollar pressured silver trading following the announcement of Warsh, Trump's nominee for Federal Reserve Chair, the decline in silver had already begun in overnight trading before the nomination was officially announced. Furthermore, data shows that gold and Bitcoin have performed remarkably well over the past two years, with their returns differing by only a few percentage points, and these two assets are now showing convergence again. Sosnick concludes by pointing out that although investors' desire for alternative assets and momentum trading persists, the "memeification" of traditional commodities with millennia of history may be nearing its end.
According to Jinshi News, U.S. House Speaker Johnson said he is confident of securing enough votes to end the partial government shutdown by at least Tuesday.
