Important information last night this morning (February 5-February 6)

Solana Chain Meme Coin PAIN announced that it will refund 80% of the pre-sale funds

According to the official announcement of PAIN, it raised 185,976 SOL in 48 hours, setting the highest dollar-value meme coins in the history of the Solana chain.

As the official meme coin of "Hide the Pain Harold", PAIN is designed to express pain rather than increase investors' losses. The team announced that it would refund 80% of the pre-sale funds, and only 20% would be retained for starting liquidity, paying listing fees, etc.

The allocation plan will be calculated based on the SOL ratio invested by the user, but the robot address of 0.9 SOL and the CEX funds of 212.3 SOL will not be allocated. All funds sent after block 318346069 will also be returned.

Standard Chartered Bank predicts Bitcoin will rise to $500,000 during Trump's tenure

Standard Chartered predicts that Bitcoin will rise to $500,000 during Trump's tenure, close to half of its gold market capitalization. BTC is expected to reach US$200,000 in 2025, rise to US$300,000 in 2026, exceed US$400,000 in 2027, and reach US$500,000 in 2028, with a total market value of US$10.5 trillion. The main driving factors include Bitcoin spot ETFs attracting $39 billion inflows, improving the regulatory environment in the United States, and the Trump administration’s consideration of establishing a national digital asset reserve. Standard Chartered believes that as volatility declines, Bitcoin's share in the portfolio will increase, attracting more traditional investors and driving long-term gains.

Federal Deposit Insurance Corporation discloses 175 encrypted bank regulatory documents

According to the official website of FDIC, the Federal Deposit Insurance Corporation (FDIC) released 175 documents today, involving the supervision of banks participating in or attempting to participate in encryption-related businesses.

Acting Chairman Travis Hill said that the FDIC had previously released 25 "suspended" letters received by 24 banks, and the documents released this time include more correspondence between these banks and relevant communication records of other banks. The documents show that banks' requests for crypto business generally face resistance, including repeated requests from regulators for additional information, long-term failure to respond or direct instructions to suspend all encryption and blockchain activities, resulting in most banks eventually abandoning relevant attempts.

Hill said that FDIC is reevaluating the regulatory approach of crypto-related businesses and plans to replace the regulatory guidelines for 2022 (FIL 16-2022) to provide a compliance path for banks to engage in crypto businesses while ensuring security and robustness. The FDIC will also participate in the Presidential Working Group to cooperate with the President's Executive Order on January 23 to discuss the regulatory discussion on the digital asset market.

NYSE Apply to Convert Grayscale Litecoin Trust to Spot LTC ETF

According to the disclosure documents, the New York Stock Exchange (NYSE) has filed Form 19b-4 to apply to convert the Grayscale Litecoin Trust (Grayscale Litecoin Trust) into a spot Litecoin ETF.

The application is part of the proposed rule changes and is reviewed by the SEC (SEC) and the public can submit comments. If approved, this will be another compliant spot crypto asset ETF following Bitcoin and Ethereum ETFs, which may bring new liquidity and investment opportunities to the LTC market. The SEC has previously approved Bitcoin spot ETFs and is reviewing other crypto asset ETF applications.

Pudgy Penguins destroyed 12.16 billion unclaimed PENGUs, accounting for 13.69% of the total supply

According to the official announcement of Pudgy Penguins, after the (airdrop) collection period ended, the team has destroyed 12,164,667,616 $PENGU, accounting for 13.69% of the total supply.

MicroStrategy Q4 financial report: Net loss of US$670.8 million, buying more than 210,000 BTC

MicroStrategy (now "Strategy") reported fourth-quarter financial results, with its Bitcoin holdings nearly doubled. Operating expenses for the quarter reached US$1.103 billion, a year-on-year increase of 693%. The company reported a net loss of $670.8 million, with total revenue of $120.7 million, about $3 million lower than generally expected and a 3% decrease from last year. As of December 31, 2024, the company's cash and cash equivalents were $38.1 million, down from $46.8 million in the same period last year.

Strategy currently holds 471,107 Bitcoins with a market capitalization of approximately US$44 billion. The fourth quarter was the company's largest increase in Bitcoin holdings in the quarter, eventually acquiring 218,887 BTC for $20.5 billion. The company reported a BTC yield so far this year is 74.3%.

MicroStrategy announces renamed to Strategy to emphasize its crypto-centric business

According to the official announcement, MicroStrategy announced a rename to Strategy to emphasize its cryptocurrency-centric business. The announcement said the company will now conduct business under the name of Strategy. This brand simplification is a natural evolution of the company, reflecting the company's focus and wide appeal. The new logo includes a stylized “B” that represents the company’s Bitcoin strategy and its unique position as a Bitcoin finance company. The brand’s main tone is now orange, representing energy, wisdom and Bitcoin.

Berachain announces token economics and starts airdrop inquiry

Berachain Foundation announced that the Berachain airdrop query has been opened and the tokens can be collected through various EVM wallets such as Metamask and OKX Wallet on February 6, 2025. The total tokens in the BERA Genesis period were 500 million, with 16.8% of the initial core contributors, including consultants and members; 34.3% of the investors were distributed to seed, A and B investors; 15.8% of the community airdrops were allocated, Including test network users, Berachain NFT holders, ecosystem NFT holders, social supporters, ecosystem dApps, community builders, etc.; future community incentive allocation is 13.1%; ecosystem and R&D allocation is 20% to support ecosystems System development, R&D, growth planning and operations of the Berachain Foundation.

All parties follow the same attribution schedule:

• Initial Unlock: After a year of cliff, 1/6 of the allocated tokens are unlocked
• Linear Attribution: The remaining 5/6 of the tokens are linearly attribution in the next 24 months

New Mexico senator submits strategic Bitcoin reserve bill

New Mexico Senator Anthony Thornto submitted the Strategic Bitcoin Reserve Act, proposing to invest 5% of public funds in Bitcoin.

JupiterDAO: Jupiter official X account seems to be stolen, please do not click on any links

JupiterDAO tweeted that Jupiter's official X account seems to have been stolen, reminding users not to click on any links and not to copy and paste any CA.

DYOR Lianchuang: The average entry price of Berachain VC is about $1.207

DYOR co-founder Hitesh.eth tweeted that Berachain raised $142 million at an average valuation of $414 million by allocating about 34.3% of the supply to VCs. The average entry price for VC is about $1.207. If BERA matches SUI's unimplemented VC returns (about 15 times), the token should be listed at a price above $15 at release, but this possibility is low. If the token matches Sei's unrealized VC gain (approximately 10 times), it should be listed at a price above $10. Therefore, the bull market for BERA will be between $10-15 and the bear market will be between $5-10.