According to PANews, Federal Reserve Chair Jerome Powell addressed the topic of cryptocurrency during a press conference following the announcement to maintain interest rates. Powell stated that banks can offer cryptocurrency services to customers as long as it is done in a safe and sound manner. He emphasized that the Federal Reserve is not opposed to innovation and does not want regulatory measures to lead to excessive risk aversion, which could result in banks terminating services to entirely legitimate customers. In line with a court order, the U.S. Federal Deposit Insurance Corporation (FDIC) recently released several letters highlighting the stringent scrutiny banks face when providing cryptocurrency services to clients. In many instances, banks have been instructed to halt these services and have not received approval to proceed.

Odaily星球日报讯 据西班牙《国家报》报道，萨尔瓦多国会近日批准改革《比特币法案》，正式取消比特币作为法定货币的地位。这项改革是在国际货币基金组织（IMF）施加近两年压力后才进行的，IMF 设定了一个条件，即“降低比特币的风险”，以换取肯尼亚总统 Nayib Bukele 批准一笔急需的 14 亿美元贷款。如果萨尔瓦多政府想收到这笔钱，它必须在 1 月的最后一天之前修改法律。该法实施三年多，代表们修改了其中六项条款，废除了十六项条款中的三项。从现在开始，比特币将不再被视为“法定货币”；其接受由强制变为自愿，并且不会用于纳税。尽管布克尔总统在社交媒体上非常活跃，但他并未对此发表任何言论。

According to PANews, El Salvador's Congress has approved reforms to the Bitcoin Law, officially revoking Bitcoin's status as legal tender. This decision comes after nearly two years of pressure from the International Monetary Fund (IMF), which set a condition to 'reduce Bitcoin's risk' in exchange for a crucial $1.4 billion loan approved by U.S. President Donald Trump for Kenyan President Nayib Bukele. To receive the funds, the Salvadoran government had to amend the law by the end of January. The law, in effect for over three years, saw six provisions amended and three of sixteen repealed. Bitcoin will no longer be considered 'currency'; its acceptance is now voluntary rather than mandatory, and it will not be used for tax payments. The ruling party made these changes reluctantly. Despite President Bukele's active presence on social media, he has not commented on the matter. Public opinion polls indicated that 71% of the population opposed Bitcoin's adoption as legal tender when it was approved in September 2021. Nevertheless, the government invested over $200 million to establish an operational framework, create digital wallets, and install ATMs nationwide. The law required all businesses and public institutions to accept Bitcoin unless they lacked the necessary technology for transactions. To encourage usage, the government offered a $30 bonus to users who installed the official Chivo wallet on their phones. However, a survey by Ludop, one of El Salvador's most renowned polling companies, revealed that only 21% of the population used the service a year later, and by 2024, only 8.1% reported using it.

Grayscale, the prominent digital asset manager, has taken a significant step toward institutionalizing Dogecoin (DOGE) by filing a 19b-4 application with the U.S. Securities and Exchange Commission (SEC) on January 31, 2025, to convert its recently launched Dogecoin Trust into an exchange-traded fund (ETF). This rapid move follows the launch of the Dogecoin Trust earlier […] The post Grayscale... source: https://www.thecoinrepublic.com/2025/02/01/grayscale-moves-to-convert-dogecoin-trust-into-etf/

Crypto exchange Coinbase has acquired onchain advertising platform Spindl in an effort to help Base builders “go viral.” source: https://cointelegraph.com/news/crypto-exchange-coinbase-acquires-spindl-onchain-discovery-problem?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Odaily星球日报讯 据链上分析师 Ai 姨监测，去年 8 月 5 日暴跌期间抄底 ETH 获利 127 万美元的聪明钱昨晚也出手抄底了 BTC，具体为： 该地址先是在 Morpho 中抵押 1374 万枚 USD0++借出 1090 万枚 USDC；用其中 549.8 万 USDC 买入 53.82 枚 WBTC，均价 102145 美元；使用 53.82 枚 WBTC 和剩下的 548.5 万枚 USDC 向 Uniswap V2 添加双边流动性吃 LP 手续费。 目前该部分 BTC 浮亏 5.6 万美元。

According to PANews, on-chain analyst @ai_9684xtpa has reported a notable transaction involving a savvy investor who previously made a profit of $1.27 million by buying Ethereum during a market dip on August 5 last year. Last night, this investor made a strategic move by purchasing Bitcoin. The investor initially deposited 13.74 million USD0++ in Morpho, borrowing 10.9 million USDC. Subsequently, they used 5.498 million USDC to acquire 53.82 Wrapped Bitcoin (WBTC) at an average price of $102,145. Additionally, the investor added liquidity to Uniswap V2 using the 53.82 WBTC and the remaining 5.485 million USDC, incurring LP fees. Currently, this Bitcoin investment is experiencing an unrealized loss of $56,000.

Odaily星球日报讯 以太坊创始人 Vitalik Buterin 在回答 OPLabs 成员 MarkTyneway 关于“支持 EIP-7702 的钱包数量不足”的问题时表示，将努力工作以确保 7702（或之后更强大的 AA 版本，根本不需要任何“ECDSA 主密钥”）不仅是区块链功能，而是用户的现实。

According to Foresight News, Ethereum co-founder Vitalik Buterin addressed concerns raised by OP Labs member Mark Tyneway regarding the insufficient number of wallets supporting EIP-7702. Buterin emphasized his commitment to ensuring that EIP-7702, or a more advanced version of account abstraction that eliminates the need for any 'ECDSA master key,' becomes a practical reality for users, beyond just a blockchain feature.

According to Foresight News, data from Alternative.me indicates that the Cryptocurrency Fear and Greed Index has decreased to 60 today, down from 68 yesterday. Despite this decline, the market remains in a 'Greed' state.

Alex Svanevik, CEO of Nansen, launched a Solana memecoin named IQ, which soared to a $6 million market cap before falling to around $1 million. The ease of creating memecoins through platforms like MakeNowMeme and Pump.Fun has led to many scams, emphasising the need for cautious investment.

Neiro is a memecoin inspired by a rescue dog and launched on both Solana and Ethereum. The Solana-based Neiro faced suspicions of a rug pull after its developer made $2.85 million, while the Ethereum version has seen rapid growth but also raised concerns about insider control.