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according to China Foreign Exchange Trade System quotes, the onshore RMB has risen above the 6.93 level against the US dollar. (Jin10)

[The onshore yuan rose above the 6.93 level against the US dollar.]according to China Foreign Exchange Trade System quotes, the onshore RMB has risen above the 6.93 level against the US dollar. (Jin10)

The onshore yuan rose above the 6.93 level against the US dollar.

&nbsp;Veda Content Director Kate Irwin tweeted that "community" is the most abused term in the crypto space, as simply a group of strangers buying the same thing cannot be called a community. If everyone only wants to make money from you, then it is not a community. More accurately, they are a group of "investors," "gamblers," or "collectors."

[Kate Irwin: "Community" is the most misused word in the crypto space.]&nbsp;Veda Content Director Kate Irwin tweeted that "community" is the most abused term in the crypto space, as simply a group of strangers buying the same thing cannot be called a community. If everyone only wants to make money from you, then it is not a community. More accurately, they are a group of "investors," "gamblers," or "collectors."

Kate Irwin: "Community" is the most misused word in the crypto space.

Bitcoin Fear and Greed Index is 14. Extreme Fear.
Current Price: $71044.87.

[Bitcoin Fear and Greed Index is 14]Bitcoin Fear and Greed Index is 14. Extreme Fear.
Current Price: $71044.87.

Bitcoin Fear and Greed Index is 14

&nbsp;Crypto Quant analyst Darkfost stated that the Bitcoin Sharpe ratio, used to measure risk and potential return, is currently in negative territory, which is characteristic of the late stages of a bear market. However, this does not mean the bear market has ended, but rather indicates that it is approaching a point where the risk-return ratio becomes extreme. The current Bitcoin Sharpe ratio is -10, the lowest level since March 2023.

[Analysis: Bitcoin's Sharpe ratio has fallen to its lowest level since March 2023, indicating an impending market turning point.]&nbsp;Crypto Quant analyst Darkfost stated that the Bitcoin Sharpe ratio, used to measure risk and potential return, is currently in negative territory, which is characteristic of the late stages of a bear market. However, this does not mean the bear market has ended, but rather indicates that it is approaching a point where the risk-return ratio becomes extreme. The current Bitcoin Sharpe ratio is -10, the lowest level since March 2023.

Analysis: Bitcoin's Sharpe ratio has fallen to its lowest level since March 2023, indicating an impending market turning point.

&nbsp;Tencent News' "Periscope" learned that a fund based in Hong Kong began bottom-fishing on February 6, with the specific scale unknown for now. In addition, New Fire Technology, which provides private banking services for crypto assets in Hong Kong, has also received many inquiries about buying in the past two days.

[Tencent News's "Deep Dive": A Hong Kong-based fund began buying on the dip on February 6th.]&nbsp;Tencent News' "Periscope" learned that a fund based in Hong Kong began bottom-fishing on February 6, with the specific scale unknown for now. In addition, New Fire Technology, which provides private banking services for crypto assets in Hong Kong, has also received many inquiries about buying in the past two days.

Tencent News's "Deep Dive": A Hong Kong-based fund began buying on the dip on February 6th.

&nbsp;according to SoSoValue data, the US spot Bitcoin ETF had a net inflow of 371 million USD on February 6. The largest net inflow was for BlackRock IBIT, with a single-day net inflow of 232 million USD.

[On February 6th, US spot Bitcoin ETFs saw a net inflow of $371 million, with IBIT leading the way with a net inflow of $232 million.]&nbsp;according to SoSoValue data, the US spot Bitcoin ETF had a net inflow of 371 million USD on February 6. The largest net inflow was for BlackRock IBIT, with a single-day net inflow of 232 million USD.

On February 6th, US spot Bitcoin ETFs saw a net inflow of $371 million, with IBIT leading the way with a net inflow of $232 million.

JPMorgan Chase has raised its target for the Nikkei 225 index to 61,000 points by the end of 2026, up from the previous target of 60,000 points; it has also raised its target for the TOPIX index to 4,100 points by the end of 2026. (Jin10)

[JPMorgan Chase has raised its year-end 2026 target for the Nikkei 225 index to 61,000 points.]JPMorgan Chase has raised its target for the Nikkei 225 index to 61,000 points by the end of 2026, up from the previous target of 60,000 points; it has also raised its target for the TOPIX index to 4,100 points by the end of 2026. (Jin10)

JPMorgan Chase has raised its year-end 2026 target for the Nikkei 225 index to 61,000 points.

check Surges 11.46% in 24H, Currently at 0.0666 USDT

【check currently trades at 0.0666 USDT, up 11.46% in 24h, according to HTX market data.】check Surges 11.46% in 24H, Currently at 0.0666 USDT

check currently trades at 0.0666 USDT, up 11.46% in 24h, according to HTX market data.

the market shows BTC breaking through $71,000, currently at $71,018.94, with a 24-hour increase of 2.32%. The market is highly volatile, please manage your risk accordingly.

[BTC breaks through $71,000]the market shows BTC breaking through $71,000, currently at $71,018.94, with a 24-hour increase of 2.32%. The market is highly volatile, please manage your risk accordingly.

BTC breaks through $71,000

NBA star "Greek Freak" Giannis Antetokounmpo has announced that he has joined the prediction market platform Kalshi as a shareholder.

[NBA star Giannis Antetokounmpo announced he will join Kalshi as a shareholder.]NBA star "Greek Freak" Giannis Antetokounmpo has announced that he has joined the prediction market platform Kalshi as a shareholder.

NBA star Giannis Antetokounmpo announced he will join Kalshi as a shareholder.

Billionaire Crypto Founder Comes Under Fire: Why TRON’s Justin Sun Is Trending

Bitcoin trades below ETF cost basis as profitable supply falls to cycle lows

MYX defies market weakness with a strong rally: But THIS concern remains

Ethereum: Does creator vision matter more than ETH’s chart? Vitalik Buterin says…

$2.2B in Liquidations as Bitcoin Falls Below $80K, But Bitcoin Hyper Keeps Pumping

Bitcoin near $79K resistance: Will the $84K CME gap pull BTC higher?

Ethereum rethinks L2 role as activity rises but value secured declines

The Altcoin Vector #40

Euphoria, Panic, and Crashes: Navigating 38 Years of Bull and Bear Markets, Volatility is the Inevitable Path to Wealth

Bitcoin Price Unlikely To See A 77% Drawdown Again – Bitwise CIO

Article

Data: As of 23:46:12 (UTC) on February 7, CEX held a total of 3,482,331 BTC.

NBA star Giannis Antetokounmpo announced he will join Kalshi as a shareholder.

Clause de non-responsabilité：Le contenu ci-dessus ne représente pas les positions de HTX.，HTX ne fournit pas de recommandations de trading.。

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