Market Digest

Our latest market digest highlights the ongoing effects of Binance's Launchpool activities on BNB prices. We also take an in-depth look at BounceBit, with its unique approach to BTC re-staking. The discussion also covers the anticipated decision on an ETH spot ETF approval.

Optimism as Bitcoin Eyes New Heights, Kimchi Premium Returns, and Tether's Milestone

Blast Mainnet's launch faces user backlash over high fees, Nigeria disrupts Binance with executive detentions, and Ethereum's ascent indicates potential market volatility.

Uniswap proposes a major tokenomics shift, potentially tying $UNI to protocol earnings. Meanwhile, BTC ETFs see a surprising trend reversal with their first net outflow. In the stablecoin arena, Ethena Labs' USDe stirs debate: a true innovation or a mirror of LUNA/UST？

The Divine Move? On Feb.12 when ETH was $2480, someone bought 10k ETH call options at at price 2800 that'll expire on Feb.16 (3.5 days later), option costs 0.001 ETH each contract. Price at Feb.16 (UTC+8 16:00), is $2815, let'

EigenLayer and restaking What is restaking? Restaking enables staked ETH to be used as cryptoeconomic security for protocols other than Ethereum, in exchange for protocol fees and rewards.Why is it great?For token holders, restaking offers the opportunity to re-utilize their staked coins, thereby enhancing yield generation by staking