I. Crypto Market Overview

Key Takeaways

1.

Macro Environment

US CPI and PCE data show moderating inflation, supporting a stable Fed rate outlook and boosting crypto sentiment. The SEC and CFTC are shifting toward clearer, collaborative crypto regulation, enhancing market transparency. Thailand's SEC approved crypto as underlying for regulated derivatives, expanding institutional access and aligning with global standards.
2.

Crypto Market

The crypto market saw mixed performance over the past 12-24 hours. Bitcoin (BTC) fell 1.0% to $67,260, pressured by $410M ETF outflows and weak spot demand. Ethereum (ETH) dipped 0.4% to $1,974 but showed resilience, supported by strong staking inflows and DeFi activity. Altcoins were led by KITE (KITE, +14.9%), Decred (DCR, +12.7%), and Humanity Protocol (H, +11.0%), all posting double-digit gains on high volume and renewed investor interest. Meme and DeFi sectors outperformed, while major tokens like BNB and XRP lagged amid risk-off flows.
3.

Today's Outlook

Key events today include the US release of January CPI and PCE data and a Federal Reserve official's speech, both likely to impact USD and risk assets. Watch for volatility in crypto markets as traders react to macroeconomic signals and regulatory developments.
Fear and Greed Index
28.00% Annual Percentile
8 Fear
Total Crypto Market Cap
$2.30T
1.00%
Total Market Trading Volume
$99.67B
8.67%
Altcoin Season Index
50.00%
Quarterly Percentile
30 / 100
Total Futures Market Open Interest
3.59B
3.92%
Futures
523.30B
15.12%
Perpetuals

II. Industry Updates

Macro-economic Policies

1.

The latest US CPI data shows a 2.4% year-over-year increase in January, below expectations, while core CPI rose 2.5%. This signals moderating inflation, supporting a stable Fed rate outlook and potentially boosting crypto market sentiment and DeFi liquidity.

2.

The Federal Reserve is expected to keep interest rates unchanged in March, with a 90.3% probability, as inflation cools and the labor market remains robust. This policy stability reduces volatility risk for Bitcoin and supports NFT and DeFi market activity.

3.

Goldman Sachs forecasts two Fed rate cuts in 2026, with the next likely in June, citing softer inflation data and a resilient job market. Anticipated rate normalization could increase risk appetite for digital assets and enhance crypto market flows.

4.

US non-farm payrolls exceeded expectations and unemployment fell to 4.3%, indicating labor market strength. This economic resilience may delay aggressive monetary easing, keeping crypto markets in a consolidation phase as investors reassess risk exposure.

5.

The US dollar index briefly dropped and EUR/USD rose after the CPI release, reflecting shifting macro sentiment. A weaker dollar environment typically supports Bitcoin price stability and can drive higher DeFi and NFT trading volumes.

Cryptocurrency Regulatory Trends

1.

The US SEC is developing crypto asset classification guidelines under 'Project Crypto', shifting from enforcement to clearer rule-based regulation, which may boost investor confidence and market transparency.

2.

The CFTC has formed an Innovation Advisory Committee including major crypto and finance leaders to help shape adaptive, pro-innovation regulations, signaling a more collaborative US regulatory approach.

3.

The Dutch House of Representatives passed a law to tax unrealized crypto and investment gains at 36% from 2028, raising concerns about cash flow and volatility risks for crypto investors in the Netherlands.

4.

Thailand's SEC approved crypto assets as underlying instruments for regulated derivatives, expanding market access and aligning with global standards, which could attract institutional participation.

Trending Tokens

1.

KITE (KITE): KITE surged 16.4% in 24h to $0.2179, hitting a new all-time high with $176M trading volume, driven by strong momentum and active uptrend on Binance and Upbit.

2.

Decred (DCR): DCR rose 12.7% in 24h to $24.93, with $6.66M volume, supported by its hybrid PoW/PoS governance and renewed community interest in decentralized treasury features.

3.

Humanity Protocol (H): H gained 11% in 24h, ranking among top gainers as institutional buyers pushed price toward $0.165, with growing market attention and increased trading activity.

Smart Money Movements

1.

A newly created wallet bridged 5,424 ETH ($10.64M) via NEAR Intents, using 800 ETH ($1.57M) to purchase 311 PAXG tokens backed by physical gold.

2.

The Mixin hacker moved 59,854 ETH ($117M) after two years of dormancy, sending 2,005 ETH ($3.85M) to Tornado Cash and distributing 2,087 ETH ($4.03M) to new wallets for sale.

3.

A transfer of 777 BTC worth $52.1 million was executed from Coinbase Institutional to an unknown wallet, highlighting ongoing large-scale Bitcoin movements.

4.

California State Public Employees Retirement Fund increased its MicroStrategy (MSTR) holdings by 22,475 shares, now totaling 470,632 shares valued at $590 million.

5.

Bitmine staked an additional 140,400 ETH ($282M), bringing its total staked ETH to 3,037,859, over 70% of its 4,325,738 ETH holdings, earning an estimated $172M annually.

Events to Watch

Feb 13 (Fri)

US releases January CPI and PCE data; Federal Reserve official delivers speech, potentially impacting USD and risk assets.

Feb 17 (Tue)

Aster (ASTER) token unlock may introduce short-term supply pressure; Hedera DevDay and Hypefest 2026 take place in Denver; Reserve Bank of Australia releases meeting minutes.

Feb 18 (Wed)

ETHDenver 2026 focuses on Ethereum and digital assets; UK releases inflation rate data; Reserve Bank of New Zealand announces interest rate decision.

III. Phemex Market Focus

New Listings

1.

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2.

Feb 12: (AZTEC/USDT)

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3.

Feb 11: (NVDAON/USDT)

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4.

Feb 11: (TSLAON/USDT)

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5.

Feb 11: (CRCLON/USDT)

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