[Market prices in over 80% chance of Fed rate cut by June]

The market is pricing in a 30% chance of a U.S. Federal Reserve rate cut by April and an over 80% chance of a cut by June, Walter Bloomberg reported.
https://coinness.com/en/news/1149644

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[U.S. January CPI rises 2.4% YoY, below expectations]

The U.S. Department of Labor announced that the Consumer Price Index (CPI) for January rose 2.4% from the same month last year, falling short of the market forecast of 2.5%. Core CPI, which excludes volatile food and energy prices, increased 2.5% year-over-year, in line with expectations.
https://coinness.com/en/news/1149643

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[Weekly crypto VC funding hits new low for the year]

New investment in crypto startups this week totaled just $18.5 million, the lowest level this year, according to DeFiLlama data. In response, CMT Digital Partner Charlie Sander commented that while the fundamentals of blockchain companies have improved, overall valuations have dropped significantly due to a shift in how the long-term value of token performance is assessed. He added that investment is likely to focus on projects with established revenue models and clear use cases.
https://coinness.com/en/news/1149642

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[Armed assailants break into home of Binance France CEO]

Armed assailants broke into the home of the CEO of Binance France, but fled after stealing two mobile phones as no one was present, Unfolded reported. The suspects have since been arrested at a train station and taken into custody.
https://coinness.com/en/news/1149641

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[Mixin hacker sells 2,087 ETH after two years of inactivity]

The hacker behind the approximately $200 million Mixin exploit has started selling Ethereum after nearly two years of dormancy, Lookonchain reported, citing Arkham data. About 15 hours ago, the hacker transferred 2,005 ETH ($3.85 million) to the crypto mixing protocol Tornado Cash. Subsequently, 2,087 ETH ($4.03 million) was moved from Tornado Cash to three new wallets and sold at an average price of $1,933. The Mixin hacker currently holds 57,849 ETH ($113.4 million) and 891 BTC ($59.7 million).
https://coinness.com/en/news/1149640

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[CZ warns against blindly buying memecoins]

Binance founder Changpeng Zhao (CZ) shared his views on memecoin investing and the current cryptocurrency market during a Binance Square Live AMA. He stated that the long-term performance of memecoins depends more on cultural identity and a loyal community than on short-term interest. CZ advised retail investors to be cautious with memecoin investments and to avoid buying them simply to follow a trend. Regarding the broader market, he noted that it is difficult to predict due to various factors but added that the U.S. government's current pro-crypto policies could be a positive long-term signal for the market.
https://coinness.com/en/news/1149639

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[Virtuals Protocol team deposits $7.5M in VIRTUAL to Binance]

The Virtuals Protocol (VIRTUAL) team deposited 13.05 million VIRTUAL, valued at $7.51 million, to Binance about 30 minutes ago, according to EmberCN.
https://coinness.com/en/news/1149638

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[Deribit CCO: BTC must top $85K to resume long-term uptrend]

Deribit's Chief Commercial Officer (CCO) stated that Bitcoin must surpass $85,000 to restore its long-term uptrend, CoinDesk reported. He added that if Bitcoin closes below the key support level of $60,000, the next significant price point would be its 200-week simple moving average near $58,000.
https://coinness.com/en/news/1149637

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[Ark Invest buys an additional $6.6M in Bitmine, Bullish stock]

Cathie Wood's Ark Invest purchased additional shares of Bitmine and Bullish on Feb. 13, The Block reported. Through three of its exchange-traded funds (ETFs), Ark acquired 212,314 shares of Bitmine, valued at approximately $4.2 million, and 74,323 shares of Bullish, worth around $2.4 million. This marks the 11th consecutive trading day that Ark has net purchased Bullish stock.
https://coinness.com/en/news/1149636

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[Binance to support MANTRA (OM) token swap and rebranding]

Binance has announced it will support the token swap, redenomination, and rebranding of MANTRA (OM) to MANTRA (MANTRA). The exchange will delist existing OM trading pairs at 3:00 a.m. UTC on March 2 and will list MANTRA/USDT, MANTRA/USDC, and MANTRA/TRY trading pairs at 8:00 a.m. UTC on March 4. All OM tokens will be swapped for the new MANTRA tokens at a ratio of one OM to four MANTRA.
https://coinness.com/en/news/1149635

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