Key Market Information Discrepancy on February 17th - A Must-Read! | Alpha Morning Report

Top News

1.Bitwise CIO: This Year Will Be a Turning Point for Bitcoin Adoption, More Corporations and Countries Expected to Hodl

2.The Washington Post: Musk's Department of Government Efficiency Attempts to Obtain Taxpayers' Personal Data

3.Crypto Market Sees Absence of Broad-Based Rally, Surge in New Tokens and Chains Leads to Liquidity Dispersion

4.Argentine Official Statement: Will Investigate All Entities and Individuals Involved in LIBRA Issuance, President Milei Requests Anti-Corruption Office's Involvement

5.Total Market Cap of Stablecoins Surpasses $225.2 Billion, Growing by 0.55% in the Past Week

Articles & Threads

1."Timeline: Argentine President Milei Impeached; Token Launch Advisor Plans $100 Million Buyback to Burn LIBRA"

On the morning of February 15 at 6 a.m., Argentine President Javier Milei's official account announced the launch of the meme coin LIBRA and revealed the address, causing a price surge. However, about 4 hours later, Milei deleted the previous tweet, claiming ignorance of the meme coin LIBRA, leading to a sharp price drop. Following Trump, another president has launched a coin. What is the truth behind this event? How will the coin issuance drama involving politicians end?

2."What Are Traditional Big Companies Building on Ethereum?"

Over 50 non-crypto-native companies have already built products and services on Ethereum or the Ethereum Layer 2 (L2) network. These traditional large companies' crypto initiatives focus on crypto-specific infrastructure and use cases, such as Non-Fungible Tokens (NFTs), Real-World Assets (RWAs), Web3 developer tools, and Layer 2 solutions. This report aims to delve into Ethereum's pioneering and leading-edge use cases within traditional enterprises and institutions.

Market Data

Daily Market Overall Fund Heatmap (as reflected by funding rates) and Token Unlocks

Data Source: Coinglass, TokenUnlocks

Funding Rate

Token Unlocks