OSL trading time: The encrypted market plummeted investors halfway, and the US SEC newly established cryptocurrency working group

1. Market observation

Keywords: plunge, ETH, BTC

According to the data of the fear and greed index, after the price plummeted, Bitcoin's transaction sentiment has fallen to the area of ​​fear, which may indicate the existence of buying signals. Although the recent fluctuations have caused each coin to fluctuate $ 10,000 within 24 hours, Bitcoin has returned to the $ 100,000 mark. The performance of other cryptocurrencies such as Ethereum and Solana is ginseng, and Ethereum struggles in the turbulent market.

According to reports, Cynthia Lummis, the US authorities, demanded explanation to explain the final period of the Silk Road seizure of Bitcoin, which caused concerns about cryptocurrency advocates. In the price forecast news, Bitcoin fell sharply from $ 91,252 to $ 101,549 in a few hours, and buyers actively defended this level. At the same time, Utah may become the first American state to establish bitcoin reserves.

Bitcoin derivatives data show that although investors are concerned, this currency has bottomed out and may rise to more than $ 100,000. Ethereum’s price has fallen 10% in the past week, and World Liberty Financial, a Trump-related DeFi project, currently holds $224 million worth of 70,000 ETH and is currently losing about $36.7 million. In these developments, the Bitcoin market is still turbulent, and investors' views on the prospects of this cryptocurrency are still half -mixed.

2. Key data (as of February 5th 09:49 HKT)

• S & P 500: 6,037.88 points (in the year+2.66%)

• Nasdaq: 19,654.02 points (in the year+1.78%)

• 10-year US debt yields: 4.521%(year-5.50 base points)

• US dollar index: 107.93 (year-0.51%)

• Bitcoin: $ 98,147 (in the year+5.07%), daily spot transaction volume is US $ 70.48 billion

• Ethereum: $ 2,738.07 (-18.14%within the year), daily spot trading volume is 52.21 billion US dollars

3. ETF flow (EST on February 4)

• Bitcoin ETF: +91.78 million US dollars

• Ethereum ETF: +83.54 million US dollars

4. Important date (Hong Kong time)

ISM service industry PMI (at 11:00 on February 5th)

• Actual: To be announced / Previous Value: 54.1 / expectations: 54.3

Number of non -agricultural employment (9:30 pm on February 7)

• Actual: To be announced/ previous value: 256,000/ expected: 170,000

Unemployment rate (9:30 pm on February 7)

• Actual: To be announced / previous value: 4.1% / expected: 4.1%

5. Hot News

New York Times: The US SEC reduces its law enforcement in the field of cryptocurrencies

American legislators set up the House of Representatives and the Senate working group to draft cryptocurrencies and stabilization currency bills

The US SEC encryption special working group issued a signal of major supervision of supervision, which aims to allow the project to issue tokens in a legal way.

US CFTC Agent Chairman: CFTC no longer implements law enforcement supervision

Emperor David Sacks: Evaluate Strategic Bitcoin Reserve is the primary task of the government's internal working group

The United States and Ohio Senator proposed to establish a Bitcoin reserves and accept it as a payment method to pay

Tariffs Commission of the State Council: Tariffs are imposed on some imported goods native to the United States

NYSE has submitted the 19B-4 file application of the grayscale LTC ETF to the US SEC

BERAChain plans to announce the token economics tomorrow.

US listed company SEMLER SCIENTIFIC spent 88.5 million US dollars to increase its holdings of 871 BTCs

Jupiter will start this week to launch the JD repurchase mechanism

Sun Yuchen: Li Lin concealed the dedicated materials when selling fire coins. There were $ 30 million inside

XRP LEDGER recovered spontaneously after the block production was interrupted for about one hour, without reporting assets or transaction loss

OSL provides support-Hong Kong's largest overseas trading platform, which has continued to provide regulatory digital asset services for the market since 2018.