Huoxun Finance reported on February 16th that Matrixport released a daily analysis stating that a common observation for determining whether Bitcoin has entered a bear market is whether significant drops within 30 days occur more frequently. In a bull market, drops exceeding 20% within 30 days are relatively rare; however, in a bear market, such drops are more likely to occur repeatedly. Meanwhile, market momentum weakened as early as mid-2025: the 30-day rate of change (ROC) shows a continuously declining upward peak, with buying pressure also decreasing accordingly. Experienced crypto investors understand that bear markets are a natural and recurring part of the cycle, often creating conditions for the next round of recovery and upward movement. However, bear markets typically do not decline in a single, continuous manner; even within a larger downtrend, there are often substantial periodic rebounds. Therefore, investors should remain disciplined and continuously seek more cost-effective short-term opportunities as market conditions change.

Huoxun Finance reported on February 16th that Binance co-CEO Richard Teng stated that the company has requested a correction to Fortune's report that "Binance fired investigators after uncovering Iran-related transactions." Teng stated that no violations of sanctions regulations were found, and no investigators were dismissed for raising questions. Binance will continue to fulfill its regulatory commitments. Previously, Fortune reported that at least five investigators from Binance's investigation team were dismissed starting in late 2025 after discovering transactions involving Iranian affiliates on the platform totaling over $1 billion. These transactions primarily occurred on the Tron blockchain, in the form of Tether's USDT stablecoin. The report also stated that several senior compliance officers had left the company in recent months, and Binance was searching for a successor for Chief Compliance Officer Noah Perlman, who will be leaving later this year. In response, Changpeng Zhao stated that the report about "Binance firing investigators after uncovering Iran-related transactions" is "self-contradictory."

According to Huoxun Finance on February 16, information updated today on the official website of the Hong Kong Securities and Futures Commission shows that VDX, the digital asset trading platform under Victory Fintech Company Limited, has obtained a virtual asset trading platform operating license. The institution is authorized to conduct Type 1 (securities trading) and Type 7 (providing automated trading services) regulated activities. At the same time, its subsidiary VDXCustodyLimited has also been licensed under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance to provide digital asset custody services. As of now, the number of licensed virtual asset trading platforms in Hong Kong has increased to 12.

According to Onchain Lens monitoring, Odaily reports that Machi (@machibigbrother) has opened a 10x leveraged long position in HYPE and continues to hold a 25x leveraged long position in ETH. Despite his bullish stance, Machi (@machibigbrother) continues to face losses, with total losses now exceeding $27.9 million.

According to Onchain Lens monitoring, a newly created address (0xc58...0e6c) spent $2.75 million USDC to buy 21.11 million WLFI tokens at a price of $0.13 per token. This address currently holds $11.21 million USDC and may have used it all for this purchase.