Odaily Planet Daily News: Binance co-founder CZ posted on the X platform that the number of active addresses of opBNB reached its highest level last week.

According to Bitcoin.com News: In El Salvador, the ambitious initiative to integrate cryptocurrency into remittance payments has seen underwhelming adoption rates. According to the Reserve Bank of El Salvador, crypto-based remittances have consistently represented less than 1% of the total remittance share since October 2024. This revelation underscores the challenges facing the widespread adoption of bitcoin for remittances in a predominantly dollarized economy.John Paul Koning, a well-known financial writer, shared via social media that the usage of cryptocurrency for remittances has declined significantly since the nation's landmark decision to legalize bitcoin as tender in 2021. While there was a surge in crypto remittance usage initially, peaking at nearly 5% of all remittances in October 2021, this enthusiasm has tapered off dramatically.The Salvadoran government, led by President Nayib Bukele, initially promoted cryptocurrency as a cost-saving mechanism that would significantly reduce the fees associated with sending money home. In 2021, Bukele criticized traditional financial services for siphoning up to 25% in fees from remittances and introduced Chivo, a state-sponsored crypto wallet, as a zero-commission alternative. Despite these efforts and incentives, including a $30 airdrop to encourage Chivo adoption, the uptake has been minimal.The diminishing use of Bitcoin for remittances coincides with broader regulatory adjustments. Following agreements with the International Monetary Fund, the Salvadoran government has scaled back its bitcoin initiatives, including plans to terminate or sell the operations of the Chivo wallet and the removal of bitcoin's legal tender status within the country.

Odaily Planet Daily News Eurozone rate setters urged economists to stop looking at the so-called neutral rate, warning that the indicator is "not a good guide" to the trend of borrowing costs in a region increasingly affected by weak growth and global uncertainty. The European Central Bank's chief economist Lane said the European Central Bank should be ready to lower borrowing costs below the neutral level to boost economic growth. He said: "We should not limit our freedom of action because of a theoretical concept," adding that the ECB should keep an "open mind" about the final level of interest rates. (Jinshi)

Odaily Planet Daily News Bitcoin self-hosted application Relai posted on the X platform that in order to reflect its commitment to Bitcoin, it plans to change its name to Relai ₿. Same application. Same mission. Now there is one more ₿. Earlier news, MicroStrategy changed its name to Strategy, and its company logo has a Bitcoin symbol ₿.

According to Odaily, Cointelegraph reported on the X platform that Strategy, formerly known as MicroStrategy, has launched a new website revealing various business data. This initiative aims to establish transparency standards for corporate financial information.

According to Odaily, a research report by CITIC Securities highlights the sustained growth in the Internet Data Center (IDC) industry, driven by the resurgence of IT spending by traditional enterprises, the rise of cryptocurrencies, and the influence of artificial intelligence (AI). The expansion pace of IDC companies in the U.S. stock market has accelerated, with growth expectations revised upwards. The Federal Reserve's move towards interest rate cuts is expected to provide further positive catalysts. From a performance perspective, rate cuts are likely to reduce financing costs and boost profits for companies. In terms of valuation, declining interest rates may enhance the overall valuation level of the industry. On an industry level, the increasing threshold driven by AI is expected to benefit IDC providers associated with leading tech companies, reinforcing the dominance of strong players. The report expresses optimism about the opportunities presented by Generative AI and interest rate cuts for the U.S. IDC sector. It recommends focusing on two main strategies: investing in leading IDC companies closely tied to major tech firms and paying attention to companies transitioning to high-end clients amid a backdrop of high industry growth.

According to BlockBeats, on February 6, the Financial Times reported that Eurozone policymakers are advising economists to reconsider their focus on the so-called neutral interest rate. They caution that this metric may not effectively guide borrowing costs in a region increasingly affected by sluggish growth and global uncertainties. Philip Lane, the European Central Bank's chief economist, emphasized that the ECB should be prepared to lower borrowing costs below the neutral level to stimulate economic growth. He stated, "We should not limit our freedom of action due to a theoretical concept," and added that the ECB should maintain an open mind regarding the final level of interest rates.

According to Foresight News and insights from The Data Nerd, a blockchain analytics firm, a crypto address starting with 0xFEA has made a substantial withdrawal of approximately 400 million ALT tokens from Binance. This withdrawal, amounting to $19.8 million, constitutes about 4% of ALT's total token supply and a significant 18.68% of its circulating supply.This notable transaction follows a smaller withdrawal by the same address, which saw 1,000 ALT tokens removed from Binance and subsequently burned just yesterday.  

Justin Sun has recently made a public call on platform X inviting centralized exchanges (CEX) to collaborate, offering an attractive 20% annualized reward in USDD. In addition, he introduced a unique incentive of a 1:1 USDT/USDD non-destructive exchange, enhancing the appeal for potential exchange partners.This strategic move follows Sun’s announcement that despite USDD having no exchange support initially and relying purely on on-chain transactions, it managed to surpass a supply of 100 million within just three days of its launch. This rapid growth highlights the market’s positive response and the potential for further expansion through collaboration with CEXs.Sun’s offer aims to significantly extend USDD’s reach and usability, providing an excellent opportunity for exchanges looking to attract a larger user base and increase trading volumes through competitive yield offerings.   

Odaily Planet Daily News Cointelegraph published an article on the X platform saying that Strategy (formerly MicroStrategy)’s new official website discloses a number of business data and sets transparency standards for corporate finances.

Moo Deng plunged by over 22% in the past day, but it rebound is just around the corner

Vitalik Buterin, the co-founder of Ethereum, sold a large number of meme coins on the 12th and 13th, exchanging them for 907.97 ETH, worth US$2.23 million. He once said that any tokens sent to him without his permission will be sold and Donate to charity.