📢 LBank Daily News Highlights - February 5, 2025 🌟✨

1️⃣ $Ondo Finance Launches On-Chain Access to U.S. Securities
$Ondo Finance unveiled $Ondo Global Markets ($Ondo GM), enabling global investors to access U.S. public securities via blockchain. The platform offers tokenized assets like stocks, bonds, and ETFs, with 1:1 backing and stablecoin-like liquidity, allowing free transfer outside the U.S. 🌍📈
2️⃣ Ethereum Hits Record $38B Spot Trading Volume
FalconX Head of Research David Lawant reported that on February 3, Ethereum's spot trading volume soared to a historic $38 billion. Meanwhile, Bitcoin's volume reached $49 billion, marking its third-highest daily total ever. 🔥📊
3️⃣ X Platform Payment Feature May Add QR Code Support
According to app developer Nima Owji, X Money, the payment feature of the X platform, may soon support QR code payments. X CEO Linda Yaccarino confirmed the feature's 2025 rollout, alongside X TV and Grok. 📱💳
4️⃣ a16z Urges DOJ to Stop Holding DeFi Protocols Liable
Venture firm a16z called on the U.S. DOJ to cease holding DeFi protocols responsible for unlawful actions beyond their control. They emphasized the need for a legal distinction between control and neutral tools, urging clearer crypto regulations. ⚖️🔐
5️⃣ $ETH Supply Surpasses Pre-Merge Levels
Data from Ultrasound shows $ETH supply has exceeded levels prior to the PoS merge. As of February 5, supply reached 120,521,291 $ETH, slightly up from 120,521,140.92 $ETH at the merge date. Since then, 1.95M $ETH have been burned, while a similar amount has been newly issued. 🔥📈
6️⃣ Matrixport: $BTC Price Diverges from RSI, Caution Advised
Matrixport reported a technical divergence between Bitcoin's price and its RSI. Despite $BTC staying above $100,000, RSI consolidation signals weakening momentum. Analysts recommend waiting for RSI to drop to 40% before re-entering long positions. 🕵️‍♂️📉

📉 Market Overview:
🔹 BTC/USDT: $97,400.61 (-1.00%)
24H High: $100,775.25 | 24H Low: $96,151.12
🔹 ETH/USDT: $2,761.40 (+2.43%)
24H High: $2,869.39 | 24H Low: $2,633.09
💡 Market Sentiment: 54 Neutral

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