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The Pump.fun team sold 4.96 billion PUMPs, worth over $10.5 million, through two linked addresses.

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 according to OnchainLens monitoring, the wallet "77DsB" associated with Pump.fun has sold all 3.75 billion PUMP tokens it held for 8.02 million USDC, with an average transaction price of 0.0021 USD.

In addition, another wallet "GpCfm" related to Pump.fun transferred 1.21 billion PUMP tokens (approximately 2.57 million USD) to Bitget, and this wallet still holds 3.54 billion PUMP tokens (approximately 7.4 million USD).

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JPMorgan Chase has applied to move Trump's lawsuit to the federal court in New York.

JPMorgan Chase has submitted a request to the court to transfer the lawsuit filed by Trump regarding the closure of his accounts from Miami to the federal court in New York. In the submitted documents, the company stated that Trump and several businesses he sued had agreed in writing at the time of account opening that any disputes would be litigated in New York, where the bank's headquarters are located. JPMorgan Chase also stated that since this dispute has an overwhelming connection to New York, transferring the case is in the public interest. According to the documents submitted by the bank, the accounts involved were opened in New York, the bankers managing these accounts are located in New York, and the alleged activities that triggered Trump's lawsuit also occurred in New York. Trump sued the bank and its CEO Jamie Dimon in January this year, claiming at least $5 billion, accusing the bank of "debanking" him and his companies after his supporters attacked the U.S. Capitol on January 6, 2021. (Jin10)

Bullish sentiment has once again taken over gold, with retail investors maintaining a moderately bullish view for the third consecutive week.

latest Kitco News weekly gold survey shows that bullish sentiment on Wall Street gold has once again dominated, while retail investors have maintained a moderately bullish mainstream attitude for the third consecutive week. Rich Checkan, President and COO of Asset Strategies International, stated that there has been no fundamental change in the gold market to support the previous pullback, and it is clear that this is just a short-term correction. This is healthy, and the upward price trend should resume soon. Darin Newsom, senior market analyst at Barchart.com, said that with the Supreme Court rejecting Trump's tariff policy, he might be in a bad mood this weekend, which increases the likelihood of military action. Adrian Day, President of Adrian Day Asset Management, said it looks very likely that the low point after the end-of-January sell-off has been reached, and gold is clearly recovering. No one wants to sell before the weekend due to concerns that the US might take action against Iran, so if the situation does not escalate, gold may slightly retreat on Monday, but the short-term recovery trend is already very clear. (Jin10)

Uniswap founders slam crypto scam ads, which have led to some victims losing their fortunes.

 Uniswap founder Hayden Adams warns users to beware of fraudulent ads impersonating the platform and mentions a case where a victim reportedly lost all their assets.

Earlier, January this year became the month with the highest amount of crypto scam funds stolen in nearly 11 months.

Adams posted on X on Friday: "Despite repeated reports over the years, scam ads continue to appear." He also said: "During the several months we waited for App Store approval, scam apps impersonating Uniswap had already appeared."

Scammers are increasingly buying ads related to keywords like "Uniswap" on mainstream search engines, and when crypto users search for related content, the top results look like official links. Unaware users may then connect their wallets and approve transactions, allowing scammers to transfer away all their funds.

Sonic Labs CEO and Business Head Depart

Sonic Labs has released the 2026 ecosystem update (Part One), announcing that CEO Mitchell Demeter and Head of Business Evan Owens have resigned. The board is currently temporarily managing and seeking a new CEO. Sonic states that the development fund has formed a long-term operational reserve, with no risk of investment unlocking pressure. The fund allocation covers S tokens, stablecoins, and government bonds among other assets.

At the strategic level, Sonic Strategy holds about 127 million S tokens (multi-signature custody with sale prohibited) and has ended cooperation with CMCC Resonance Fund. On the product side, the AI smart contract generation platform Spawn is undergoing internal testing; FeeM has distributed over 2.6 million S tokens to developers cumulatively, and in the future may adjust the 90% rebate to a tiered structure; meanwhile, the Meme Season and Sonic & Sodas incentive programs have been terminated, with future focus on long-term ecosystem construction and token economy integration.

A major whale has closed out its long positions in BTC and ETH through two wallets, making a total profit of $1.46 million.

 according to Onchain Lens monitoring, the whale "pension-usdt.eth" has closed long positions in $BTC and $ETH through its two wallets, gaining a total profit of 1.46 million USD.

Currently, "pension"’s total accumulated profit has reached 23.93 million USD.

"1011 Insider Whale" has sold approximately 60% of its BTC holdings.

 according to Onchain Lens monitoring, the "1011 insider whale" has sold about 60% of its BTC holdings. Since depositing 11,318 BTC (worth approximately $760.61 million) to Binance, seven newly created addresses have withdrawn $464.48 million USDT. Currently, its BTC holdings on Binance are valued at about $296 million, and further actions may follow.

Economist: Bitcoin's bull market catalyst may depend on AI stocks becoming overvalued in the eyes of investors.

macroeconomist Lyn Alden stated that the next major upward trend of Bitcoin may depend on whether AI stocks become overvalued in the eyes of investors.

Alden told host Natalie Brunell on the Coin Stories program released on YouTube on Thursday: "Perhaps AI stocks will eventually peak, becoming too large and their valuations so absurd that there is little realistic room for further upside."

When the price of an asset rises to a level that makes further increases difficult to justify, capital usually flows to other opportunities with higher potential returns.

Currently, Bitcoin has fallen nearly 46% from its all-time high of $126,100 set in October. Alden believes that Bitcoin could become a beneficiary of this capital rotation.

Opinion: The risks of quantum computing may lead to a sustained discount in Bitcoin's valuation.

On February 20, Charles Edwards, founder of Bitcoin and digital asset quantitative fund Capriole, stated, "Considering the combined statistical probability of the arrival of 'Q-Day' (Quantum Day), rational investors may currently be discounting Bitcoin's fair value by about 20%. If Bitcoin does not make substantial progress in quantum-resistant code, this discount rate will double each year. If related upgrades continue to stall, within more than a year, Bitcoin's valuation could be discounted by the market to half of its current value. It is hoped that the Bitcoin core development team will pay attention to this issue. Action must be taken by 2026 to address the potential quantum computing threat."

A Tennessee judge granted a preliminary injunction to prevent the state government from taking enforcement action against Kalshi.

 the prediction market platform Kalshi obtained a preliminary injunction in Tennessee, USA, preventing state government officials from enforcing local gambling laws against its sports-related event contracts. In a Thursday ruling, U.S. District Court Judge Aleta A. Trauger sided with Kalshi on a key issue, finding that the company is likely to succeed in its lawsuit by arguing that its sports event contracts are "swaps" under the Commodity Exchange Act. The injunction applies to relevant state government officials, prohibiting them from taking enforcement actions against Kalshi under Tennessee's sports betting laws during the litigation.