News

As of February 7, 2026, 23:46:12 (UTC+8), centralized exchanges collectively hold 3,482,331 BTC.

BlockBeats News, February 8th, according to CME FedWatch data, by the end of 2026, the probability of the Fed not cutting interest rates at all for the full year is 5.4%, the probability of a total 25 basis point cut throughout the year is 21.1%, the probability of a total 50 basis point cut is 32.5%, the probability of a total 75 basis point cut is 25.9%, the probability of a total 100 basis point cut is 11.7%, and the probability of a total 125 basis point cut is 3%. Furthermore, the probability of a 25 basis point rate cut at the Fed's next meeting (March) is 23.2%.

BlockBeats News, February 8, crypto journalist Eleanor Terrett disclosed details of next Tuesday's White House crypto meeting. This meeting is the second round in a series of meetings, still at the staff level, and will not invite CEOs of companies to attend, but senior policy personnel from various banks will be present. According to sources, several major banks, including Bank of America, JPMorgan, and Wells Fargo, have already received invitations, and PNC Bank, Citibank, and U.S. Bank may also be included. Banking industry representatives include the Bank Policy Institute, the American Bankers Association, and the Independent Community Bankers of America, but it is expected that the number of representatives from each party will be reduced. The current situation is that banks want to restrict crypto companies from offering stablecoin interest, believing this threatens their own business. They are concerned that a large influx of funds into high-yield crypto accounts could lead to a shortage of bank lending funds and trigger broader financial turmoil. Crypto companies, on the other hand, believe that banks are trying to undermine market competition, maintain their own regulatory barriers, and hinder innovation. On Thursday, Treasury Secretary Scott Besant appeared to acknowledge that the banks' concerns have some merit, stating this Thursday: "I have always been an advocate for these small banks, and deposit volatility is highly undesirable. We will continue to work to ensure that stablecoin yield payments do not lead to deposit volatility." This meeting concerns the future of the "Cryptocurrency Market Structure Bill" (CLARITY Act). Currently, the issue of stablecoin yields has become the focus of attention at the White House, its importance even surpassing other controversial points such as ethics or decentralized finance. Patrick Witt, Executive Director of the White House Cryptocurrency Committee, urged all parties to reach an agreement by the end of this month.