February 4th Web3 Industry and Cryptocurrency Market News:

Here are today's important updates from the Web3 and cryptocurrency markets.

Market Trends and Data

· Major Asset Prices: Bitcoin dropped below $77,000 this morning, currently priced between $76,900 and $78,443, down about 2.8% in the last 24 hours.

· Market Performance: Ethereum price is around $2,336, slightly up. Market fluctuations in the past 24 hours have resulted in over $400 million in liquidations across the network, mostly from long positions.

· Total Market Capitalization: The total market capitalization of cryptocurrencies is approximately $2.64 trillion.

Macroeconomic Policies and Regulations

· U.S. Policy Updates: Milan, the Chair of the White House Council of Economic Advisers, has resigned. Meanwhile, the White House is pushing for a cryptocurrency compromise plan, urging stakeholders to reach an agreement on stablecoin regulations and other topics by the end of this month to advance legislation.

Project and Ecosystem Updates

· Ethena Foundation: Launched a 6-month incentive program.

· MetaMask: Announced integration with Ondo Finance, launching tokenized U.S. stock trading features.

· Vitalik's Views: Ethereum co-founder Vitalik Buterin stated that unless Layer 2 can achieve 'extreme scalability' or innovate, its initial vision may no longer apply.

· Tether Ecosystem: The Tether-supported Stable mainnet is scheduled to upgrade to v1.2.0 today.

Today's Important Event Preview

The following are important online activities planned for today:

· Event Name: 2025 Web3 Industry Annual Sharing

· Core Theme: Web3+AI: Insights and Future Building

· Format and Time: Online live broadcast, 13:30 - 23:00

· Participation Method: Can watch the live broadcast through the 'Investigation Blockchain' video account and other cooperative platforms

· Remarks: Organized by industry media and ecosystem platforms to discuss the integration trends of Web3 and AI.