The Dow Jones Industrial Average opened down 66.59 points, and the S&P 500 and Nasdaq also declined.

U.S. SOL spot ETF's total net inflow for the day is $7,985,200.

Yesterday, the total net inflow of SOL spot ETFs reached $7,985,200, of which Bitwise Solana Staking ETF had a net inflow of $6,254,800, with a total net inflow of $701 million. Fidelity Solana Fund ETF had a net inflow of $919,500, with a total net asset value of $689 million.

ETH falls below $1900! Behind the 22% plunge, Vitalik's "Five-Year Tightening" strategy

Currently, the Ethereum (ETH) market is experiencing a deep correction, mainly due to capital outflows and technical adjustments. Institutional investors are highly risk-averse, with whale sell-offs and founder holdings reduction intensifying market panic. The Ethereum Foundation has adopted a defensive financial strategy to ensure funding for technological development, while also planning internal network reforms to address centralization risks. Regulatory pressure is also increasing, as the EU is about to implement strict compliance standards that could impact the DeFi market. Overall, Ethereum is going through a phase of short-term pain coupled with long-term structural adjustments.

Longest outflow record in nearly a year! Bitcoin spot ETF has experienced net outflows for 5 consecutive weeks, totaling $3.8 billion evaporated.

U.S. Bitcoin spot ETFs have experienced five consecutive weeks of net outflows, totaling $3.8 billion in evaporation, with the price falling below the important average of $79,000, and market sentiment turning cold. Although this withdrawal trend has lasted longer, its impact is slightly weaker than last year. Ethereum spot ETFs have also lost value for five consecutive weeks, while Solana and Ripple ETFs have attracted funds against the trend.

Gate Daily (February 24): Jane Street sued by Terraform liquidator; Ethereum forms a new team to promote DeFipunk

Bitcoin (BTC) continues its decline from the beginning of the week, currently around $63,500 as of February 24. The Ethereum Foundation has established a DeFi team to promote the development of the "DeFipunk" protocol. Jane Street was sued by Terraform Liquidation Party, accused of using insider trading to accelerate the crash.

Bitcoin drops below $64,000, Ethereum holds steady at $1,800! The three major US stock indices and IBM plummet 13%, dragging the crypto market down again.

Bitcoin briefly fell below $64,000 today, then recovered to around $64,770; Ethereum experienced a smaller decline, rebounding to $1,859. The three major U.S. stock indices all declined, with tech stocks generally underperforming; IBM plummeted 13%. The correlation between Bitcoin and U.S. tech stocks has increased, and market sentiment remains "extremely panic," indicating that Bitcoin may face further downside risk in the short term.

Standard Chartered Bank predicts the impact of stablecoins! The U.S. Treasury Department may suspend 30-year bonds for three years

Standard Chartered's latest report reveals that stablecoin issuers are rapidly increasing their demand for U.S. short-term government bonds. It is projected that by the end of 2028, this new demand will reach 1 trillion dollars. Including the Federal Reserve's bond purchase program, the total demand for short-term government bonds could surpass 2.2 trillion dollars. This structural shift may force the U.S. Treasury to reallocate its debt portfolio or even suspend 30-year bond auctions for up to three years.