Token | Trading Volume 【SOL】881.21 million 【DOOD】1.70 million 【OKB】7.07 million 【LGNS】6.16 million 【PI】1.62 million 【PAXG】152.86 million 【BTC】7.67 billion 【ADA】88.02 million 【CORE】647,936.26 【TIA】4.53 million

Odaily Planet Daily reports that Kyle Samani, co-founder of Multicoin Capital, posted on the X platform, further explaining the background of his departure from Multicoin Capital. He stated that the core purpose of this personal transition is to increase his stake in Solana's treasury company, Forward Industries, thereby indirectly increasing his overall exposure to Solana (SOL). Kyle Samani also emphasized that he remains "extremely bullish" on SOL and the entire crypto industry. Going forward, he will continue to be deeply involved in the development of the crypto space as an individual investor and as Chairman of the FWDI Board, and will solicit potential development directions and innovative ideas from the community.

According to Onchain Lens monitoring, a whale (0xaea...d5fd) transferred 2,676 ETH, worth $5.69 million, to FalconX, bringing its total losses to over $20 million. Currently, this whale holds only 854 ETH, worth $1.82 million.

According to FOX News reporter Eleanor Terrett, the Democratic National Convention today was characterized by positive discussions and was considered by some participants to be one of the most productive meetings to date. Senate Majority Leader Chuck Schumer attended and emphasized the importance of industry involvement, urging continued momentum to expedite the passage of the CLARITY Act.

Huoxun Finance reported on February 5th that Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), has withdrawn its 2024 proposal to ban contracts related to political events and repealed previous guidance that caused confusion in the industry. Selig stated that the new rule will be based on a reasonable interpretation of the Commodity Exchange Act, promoting responsible innovation in the derivatives market. The previous proposal equated contracts related to political events with illegal contracts related to war, terrorism, etc., arguing that they were "not in the public interest." However, with the Trump administration appointing new leadership, the CFTC is shifting its focus to supporting prediction markets, including platforms such as Kalshi and Polymarket. Selig's actions pave the way for more companies (such as Coinbase and Cboe) to enter the prediction market space. Furthermore, the CFTC is actively involved in congressional negotiations on the crypto market structure bill, aiming to establish itself as the primary regulator of crypto spot markets that do not involve securities.