RMB Weakens Slightly Against Dollar, Closes at 6.9114
On February 13, the onshore Chinese yuan closed at 6.9114 against the US dollar, down 98 basis points from the previous day, reflecting market caution.
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Blockchain Industry Updates & Privacy News
Market Conditions Force Clear Street to Postpone IPO and Slash Fundraising Target
Clear Street postpones its IPO and slashes fundraising from $1.05B to $364M due to market conditions, lowering its valuation to $7.2B.
Read MoreCircle Mints $500M USDC on Solana Blockchain, Sparks Market Buzz
Circle recently minted $500 million in USDC stablecoins on the Solana blockchain, sparking significant market interest and potentially reshaping blockchain ecosystems.
Read MoreEthereum Weekly Transactions Surge to 17.3 Million, Setting New Record
Ethereum weekly transactions hit a record high of 17.3 million, with median fees hitting all-time lows, signaling successful scalability upgrades.
Read MorePolymarket Expands Fee Mechanism to Sports Markets Including NCAA Basketball and Serie A
Polymarket introduces a fee mechanism to NCAA basketball and Serie A markets, with a lower overall cost structure involving taker fees and maker rebates.
Read MoreTrader's Short Position on LIT Yields $3.17 Million Profit
On February 13, a trader made $3.17 million by shorting LIT tokens with a 360% return. Their unrealized profit totaled $9.39 million.
Read MoreMysterious Whale Transfers Over 100,000 BTC to Binance in Three Days Worth More Than $700 Million
According to on-chain data, a mysterious whale has transferred 107,035 BTC to Binance over the past three days, worth more than $727 million, sparking market attention.
Read MoreBinance Research: 50% Market Correction Shows Stability in Mature Cycles
Binance Research notes that the 50% market drop since the October 2025 peak represents a mild correction, showing reduced volatility as the market matures.
Read MoreBitcoin Falls Below Key Support Level, Market Formally Enters Bear Cycle
Matrixport's latest weekly report points out Bitcoin falling below key support, marking the official start of a bear market. Analysts find similar retracement patterns in history and predict a new bull cycle might not start until after 2025.
Read MoreMysterious Whale Transfers Over 10,000 BTC to Binance in 3 Days, Sparking Market Speculation
On February 13, data showed a whale address deposited 10,735 BTC into Binance over 3 days, worth about $727 million, sparking industry attention.
Read MoreCZ Denies Rumors of Binance Profiting from Hedging Customer Positions on BitMex
Binance founder CZ denied rumors of profiting through hedging customer positions on BitMex, stating the claims are false and Binance never traded there.
Read MoreUpbit Announces Delisting of Loopring (LRC), Users Advised to Adjust Strategies
Upbit will delist Loopring (LRC) trading pairs on March 16, impacting the LRC market and urging investors to act promptly.
Read MoreCoinbase Developer Platform Launches SQL API with x402 Payment Support, Paving Way for AI Agent Revolution
Coinbase Developer Platform enables AI agents to query Base blockchain data via SQL API using USDC payments, eliminating the need for API keys or manual approvals.
Read MoreBTC Short Seller Rakes in $2.43M in Unrealized Gains on Hyperliquid
On February 13, data showed a top BTC short seller on Hyperliquid made $2.43M in unrealized gains by shorting 278.76 BTC since Feb 2.
Read MoreHyperliquid BTC Short Sellers in Top 3 Addresses Earn Over $2.43 Million
According to on-chain analysts, top 3 BTC short sellers on Hyperliquid have realized floating profits of $2.43 million since opening 40x leveraged positions on February 2.
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