Cryptocurrency Circle 2025.2.11 Morning Report🔥
Hot events in the first 24 hours
1. Nigeria smashed a crypto fraud gang: According to CryptoDnes, the Nigerian Economic and Financial Crimes Commission (EFCC) smashed a cryptocurrency fraud gang and arrested 53 people suspected of cybercrime. The authorities recovered about $200,000 in assets. Investigations show that the relevant deposits may be as high as $3 million.
2. SUN.io supports USDD2.0 exchange: SUN.io officially announced that it supports the newly upgraded USDD 2.0 exchange in the Peg Stability Module (PSM). Users can use PSM to exchange USDD with other stablecoins at a 1:1 fixed exchange rate. This upgrade introduces a more powerful security mechanism.
3. The Central African Republic President Meme Coin Storm: A video about the Meme coin CAR launched by the President of the Central African Republic was marked as suspicious by the AI detector. Jupiter Lianchuang has contacted the official to verify the validity of CAR to avoid users buying it wrong, and more than $10.58 million has flowed into the coin in the past 24 hours.
Key currencies' rise and fall (Top 5)
1. HIVE: +18.24%
2. SOL: +2.05%
3. ADA: +1.52%
4. BTC: +0.11%
5. ETH: -0.60%
Today's focus
1. Potential impact of RMB exchange rate fluctuations on the cryptocurrency market: On February 11, the RMB exchange rate fluctuated greatly. The onshore RMB against the US dollar rose all the way after opening. As of 16:30 on the same day, it rose by 320 basis points against the previous trading day, an increase of 0.44%; the offshore RMB against the US dollar appreciated to 7.2450 during the day, a sharp increase of more than 370 basis points from the previous day's New York closing, an appreciation of 0.51%. The fluctuation of the RMB exchange rate may affect investors' capital flows and investment decisions in the cryptocurrency market.
2. Macro policy expectations: The market's expectations for the Fed's interest rate cuts have increased. According to analysis, it may promote the return of foreign capital to the A-share market and other markets. Although there is no direct policy news targeting the cryptocurrency circle for the time being, changes in macro policies often indirectly affect the capital side and investor sentiment in the cryptocurrency market.
Recent mainstream currency unlocking information
According to the news from Bijie.com on February 8, tokens such as APT will usher in large amounts of unlocking this week. Aptos (APT) will unlock 11.31 million tokens at 18:00 on February 11, worth approximately US$66.16 million, accounting for 2.32% of the circulation. #美国加征关税 #比特币盘整将持续多久? $BTC $ETH $APT