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More than 1.07 billion USDCs flowed into CEX today, consistent with market bottom characteristics
Tether minted 1 billion USDT on Tron in the early morning, and Circle minted 250 million USDC on Solana.
Morning News List of important developments overnight on February 5
The New York Times: SEC takes steps to scale back its enforcement efforts in the cryptocurrency sector
The change in API crude oil inventories for the week to January 31 in the United States recorded 5.025 million barrels, the largest increase since the week of October 4, 2024.
US API crude oil inventories 5.025 million barrels in the week to January 31, expected to 3.257 million barrels, and the previous value 2.862 million barrels.
AMD (AMD. O) 2024 Q4 net profit of $482 million, the market is expected to 1.077 billion dollars, the same period last year 667 million dollars.
AMD (AMD. O) 2024 Q4 revenue of $7.658 billion, the market expectations of $7.53 billion, the same period last year $6.168 billion.
AMD (AMD. O) CEO: MI400 chip is scheduled to be launched in 2026
The probability that the Federal Reserve will keep interest rates unchanged in March is 84.5%.
U.S. stocks closed: The three major stock indexes closed up, and the China index rose more than 2%.
Mempool Research: Bitcoin block size could increase to 4MB
Meta Platforms is merging the teams behind Facebook and Messenger into a single unit
David Sacks: Can't give any answer on "whether sovereign wealth funds hold crypto"
Musk changes X account profile to "White House Tech Support"
Meta Platforms is merging the teams behind Facebook and Messenger into a single unit
Meta Platforms (META. O) is merging the teams behind Facebook and Messenger into a single unit, according to The Information.
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Crypto Czar David Sacks has spoken to reaffirm the goals of his work, and no new content has been announced
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