PA Daily | Or by the impact of new tariffs in the United States, Bitcoin fell below $ 100,000; Salvador's revocation of Bitcoin's legal currency status
Reprinted from panewslab
02/02/2025·1MReminder today:
1. The United States announced an increase in tariffs on Chinese goods and imposed 25%tariffs on Canada and Mexico
2. El Salvador Congress approves the reform of the Bitcoin Act to revoke the status of the legal currency status of Bitcoin
3. 15 states in the United States are promoting the strategic reserve of Bitcoin, and Arizona and Utah are temporarily leading positions
4. Kraken will gradually suspend trading of stable coins such as USDT, PYUSD, EURT, TUSD and other stable coins from February 13
5. In the past 7 days, NFT transactions have decreased by 29.45%month -on -month to US $ 137.9 million. The number of buyers and sellers has increased by more than 30%month -on -month
6. Musk spent more than $ 290 million in the 2024 US election
7.zachxbt: Coinbase users have lost at least $ 150 million for fraud in the past year
8.BTC fell below $ 101,000, down 1.08% within the day
Supervision/macro
According to Bitcoin Magazine, the Core Scientific board member Eric WEISS related news on the X platform quoted the Core Scientific board of directors, including 15 states including Alabama, Arizona, Florida, etc., and Arizona has launched a Bitcoin strategic reserve plan. The progress of the state and Utah has transitioned to the approval phase of the two hospitals, and the only one step away from the approval of the law is one step away.
According to the Spanish National Daily, the Salvado Parliament recently approved the reform of the Bitcoin Act and officially canceled Bitcoin as its status as a legal currency. This reform was performed after the pressure of the International Monetary Fund (IMF) for nearly two years. The IMF set a condition to "reduce the risk of Bitcoin" in exchange for Kenya President Nayib Bukele to approve an urgent need 14 100 million US dollars loan. If the Salvador administration wants to receive the money, it must amend the law before the last day of January.
The law was implemented for more than three years, and the representatives amended six of the clauses and abolished three of the sixteen clauses. From now on, Bitcoin will no longer be regarded as "currency"; its acceptance changes from mandatory to voluntary, and will not be used for taxation. The ruling party reluctantly made these changes. Although President Bakl was very active in social media, he did not make any remarks.
Police investigations show that in the case of 71% of the people's opposition, Bitcoin was approved as a legal currency in Salvador in September 2021. Nevertheless, the government has invested more than 200 million US dollars to establish an operating framework, create a digital wallet, and install ATM nationwide.
The law requires all enterprises and public institutions to accept Bitcoin unless they do not have the technology required for the exchange. In order to encourage the use, the government provides a $ 30 bonus to each user who installed the official Chivo wallet on his mobile phone. A survey by Ludop, one of Salvador's most prestigious polls, shows that only 21% of the population has used this service a year later. By 2024, only 8.1% of the population report had used it.
According to CCTV News, on February 1, local time, the US government announced that 25%of tariffs were levied on imported goods from Canada and Mexico.
U.S. President Trump signed a tariff order on the same day to levy 25%additional tariffs on imported products from Canada and Mexico, and levied 10%tariffs on energy resources from Canada. Tariffs are tentatively effective on the 4th. The White House said that if the US tariffs are retaliated, the United States may increase tariffs.
In addition, according to Xinhua News Agency, the White House said on the same day that the United States will impose 10%tariffs on the basis of existing tariffs on all imports from China. Trump said it was in line with the "protectionist measures" he supported.
Project dynamics
KRAKEN will gradually suspend USDT, PYUSD, EURT, TUSD and other stable coins from February 13
As the EU Crypto Asset Market Act (MICA) is fully effective, the cryptocurrency exchange Kraken is preparing to remove several stablecoins from customers of the European Economic Zone (EEA). The exchange announced that it will gradually cancel USDT, PYUSD, EURT, TUSD, and UST's margin transaction restrictions on February 13. Spot transactions will stop on March 24, and the order will be canceled, and the assets will no longer exchange cryptocurrencies or legal currencies.
Kraken said that the move ensures compliance with MICA and allows it to maintain long -term operation in Europe.
BORACHAIN Foundation: Boyco Market will close at 7:59 on February 3rd
The BERAChain Foundation announced that the Boyco market will be closed at 7:59 on February 3.
Boyco is a pre -release liquidity platform, which can directly pre -store liquidity in BERAChain's DEFI protocol in Ethereum. After Boyco is officially launched, these assets will be transferred to Boyco DAPP published by BerAChain.
Uniswap founder: V4 version will provide users with lower GAS costs, more LP profits
Hayden Adams, the founder of Uniswap, posted on social media, "Test the $ 1,000 of ETH-> USDT exchange after 12 hours after the V4 was released. Our routing is recommended to make multiple jumps through two V4 pools (total TVL is 400,000 US dollars). Multihop) exchange ETH-> USDC-> USDT as the best price. 。纯粹的gas效率优势开始显现（原生ETH + 更低的多跳路线成本），在我看来，这将是v4增长的最大催化剂之一——较低的gas成本= 更好的交换价格= More LP profits. "
Point of view
Vitalik said when answering OP Labs member Mark Tyneway's question about "insufficient wallets to support EIP-7702" that it will work hard to ensure that 7702 (or more powerful AA version afterwards does not require any "ECDSA main key"). Blockchain function, but the user's reality.
Important data
BTC fell below $ 101,000, down 1.08% within the day
The OK OKX market shows that BTC has just fallen below $ 101,000, and is now reported at $ 100974.40 per/piece, down 1.08%within the day.
In January, DEX spot transaction value reached 454.1 billion US dollars, a record high
According to The Block data, in January 2025, the mainstream DEX spot transaction value of the entire network reached US $ 454.1 billion, a record high. US $ 323.89 billion in December 2024 increased by 40%month -on -month. Among them, Raydium ranked first with a transaction value of $ 124.13 billion.
In addition, UNISWAP's spot transaction volume reached US $ 100.47 billion in December, with a market share of 22%.
According to Cryptoslam, the NFT transaction volume fell this week from US $ 198.1 million to US $ 137.9 million, a decrease of 29.45%month -on -month. The number of NFT buyers increased by 31.92%to 589,960; the number of NFT sellers increased by 33.23%to 425,135; the number of transactions fell 4.35%to 1,412,615.
The Ethereum network NFT transaction value fell 40.35% to $ 67.9 million, but the number of buyers increased by 20.59% to 58,632; the Bitcoin network NFT transaction value fell 32.45% to $ 17.4 million; Mythos Chain jumped to $ 13.6 million to a transaction value rose to reached to reached to reached to reaching to reached to reached to reaching to reached to reaching to reaching to reaching to reaching to reaching to reaching to reaching to reaching to reaching to to reaching to to reaching to reaching to to to to $ 13.6 million. The third place rose 4.13%; Solana network fell to fourth place, with the transaction value of US $ 12.4 million, a decrease of 39.21%.
Pudgy Penguins led a turnover of $ 13.9 million, an increase of 38.49%. DMARKET ranked second with $ 8.5 million, an increase of 7.30%, and the transaction volume remained high, reaching 307,776. Azuki fell to third with sales of $ 7.3 million, down 74.73%.
The best -selling products this week include:
- Cryptopunchs #5473: 547,670 US dollars (162 ETH)
- Cryptopunchs #1925: 412,926 US dollars (125 ETH)
- Cryptopunks #7162: 373,166 USD (112 ETH)
- Autoglyphs #185: 348,295 US dollars (102.5 ETH)
- Autoglyphs #328: 332,290 US dollars (105 WETH)
In January, the transaction processing volume of the Bitcoin network hit a new low of 11 months
In January, the transaction processing volume of the Bitcoin network reached a new low of 11 months, which continued the decline of three consecutive months. Compared with the maximum monthly trading volume of online history created in October 2024, the monthly transaction volume decreased by more than 43%. The backlog of Bitcoin's unprecedented transactions has also decreased significantly. As the memory pool of the miners emptied the Bitcoin node, the transaction fee hit a record low. Several blocks were not filled on February 1.
According to the monitoring of the analyst on the chain, a Trump early buyer whale cleared 637,000 Trump ($ 12.59 million) 5 hours ago, and made a profit of $ 11.87 million. The whale costs 3,000 SOL ($ 720,000) in half an hour after Trump's launch. The price is only $ 1.14. 5 hours ago, the whale cleared the 637,000 Trump for 55,000 Sol ($ 12.59 million), and the average selling price was $ 19.76. The whale received 16.4 times ($ 11.87 million) in Trump.
Musk spent more than $ 290 million in the US election in 2024
According to the Finance News Agency, on February 1, local time, the filing document at the end of the US Federal Election Commission showed that Elon Musk spent more than $ 290 million in the 2024 US election. The document shows that on the last day of the year, Musk donated about $ 11.2 million to the "Political Action Commission (PAC)", which was funded by him, which made his total political donation more than $ 290 million.
Zachxbt: Coinbase users have lost at least 150 million US dollars due to fraud in the past year
The analyst on the chain, Zachxbt, disclosed that the independent confirmed cases, Coinbase users have lost at least 150 million US dollars due to fraud in the past year. The latest case was that a user of Coinbase lost 110 CBBTC and worth $ 11.5 million. The stolen CBBTC (Coinbase's packaging Bitcoin products) quickly whitewashed on multiple instant exchanges. The attackers are exchanged, bridges, and transfer funds through various platforms, and then integrate them with other stolen assets on Ethereum, making it almost impossible to track and recover funds.
This incident is an increasing trend, and many Coinbase users have suffered similar losses. It is estimated that such scams have stolen at least 150 million US dollars from Coinbase customers. Coinbase has not commented on this. However, scammers have become more and more common. These attackers use fishing emails, false telephones and other deception methods to deceive the victims to leak their private keys or log in. Once they get access permissions, they will steal wallets, transfer funds and control accounts.
jinse