Top Highlights Today
In the early hours of today's crypto market, Trend Research announced a full exit from Ethereum holdings, drawing widespread investor attention.
The Fear & Greed Index stood at 7 at noon on February 8, indicating slight improvement but remaining deep in the 'Extreme Fear' territory.
The CEO of Coinbase stated that despite the intense market volatility, he remains optimistic about the long-term prospects of cryptocurrencies.
Industry Views and Developments
Renowned analyst Arthur Hayes publicly stated that there is no hidden conspiracy behind the current market downturn, and crypto prices are expected to rise in the future.
In terms of security, Scam Sniffer reported that signature-based phishing attacks in January alone affected 4,741 victims, with total losses reaching $6.27 million.
According to Bitwise Advisors, the recent market decline was primarily driven by 'paper money' selling pressure and non-directional trading related to hedging and market making.
Security Incidents Alert
- Two teenagers drove over 600 miles and are suspected of involvement in a cryptocurrency heist worth $66 million. They now face serious criminal charges.