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Binance/X: @CipherXOG 解码链上真相 | Revealing On-chain Truth。Live: 22:10-03:00 (UTC8 / 14:10–19:00 UTC)
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The White House meeting on cryptocurrency and banking releases positive signals: solution-oriented
Recent news shows that U.S. President Trump's executive director stated in response to today's White House meeting that the discussions between the cryptocurrency industry and traditional banking are "constructive, fact-based, and most importantly, solution-oriented." This statement has quickly drawn significant attention from the market and policymakers, seen as an important signal of a substantial easing in the U.S. financial regulatory stance.
From the tone of the meeting, "fact-based" and "solution-oriented" have become key phrases, indicating that discussions are no longer stuck at the ideological or oppositional level, but rather revolve around compliance pathways, risk management, and institutional connections. This is of milestone significance for the cryptocurrency industry, which has long been in a regulatory gray area, and shows the White House's intent to promote a realistically feasible framework.
At the same time, the participation of the banking industry itself sends a signal. Traditional financial institutions have previously taken a wait-and-see or defensive posture toward cryptocurrency assets, but their direct involvement in discussions at the White House level indicates that both sides are seeking possibilities for coexistence and collaboration, including key areas such as custody, clearing, stablecoins, and payment infrastructure.
In the context of the Trump administration emphasizing "U.S. financial competitiveness" and "innovation staying domestic," such discussions are seen as part of a strategic layout. By guiding cooperation between cryptocurrency and banking within the system, rather than an adversarial relationship, the U.S. may be attempting to seize the initiative in global digital financial competition.
Overall, this meeting did not provide specific policy details, but the directional signals it has released are already clear enough: regulatory dialogue is returning to a rational track, and real institutional design may be accelerating toward us.
#白宫加密会议
Recent news shows that U.S. President Trump's executive director stated in response to today's White House meeting that the discussions between the cryptocurrency industry and traditional banking are "constructive, fact-based, and most importantly, solution-oriented." This statement has quickly drawn significant attention from the market and policymakers, seen as an important signal of a substantial easing in the U.S. financial regulatory stance.
From the tone of the meeting, "fact-based" and "solution-oriented" have become key phrases, indicating that discussions are no longer stuck at the ideological or oppositional level, but rather revolve around compliance pathways, risk management, and institutional connections. This is of milestone significance for the cryptocurrency industry, which has long been in a regulatory gray area, and shows the White House's intent to promote a realistically feasible framework.
At the same time, the participation of the banking industry itself sends a signal. Traditional financial institutions have previously taken a wait-and-see or defensive posture toward cryptocurrency assets, but their direct involvement in discussions at the White House level indicates that both sides are seeking possibilities for coexistence and collaboration, including key areas such as custody, clearing, stablecoins, and payment infrastructure.
In the context of the Trump administration emphasizing "U.S. financial competitiveness" and "innovation staying domestic," such discussions are seen as part of a strategic layout. By guiding cooperation between cryptocurrency and banking within the system, rather than an adversarial relationship, the U.S. may be attempting to seize the initiative in global digital financial competition.
Overall, this meeting did not provide specific policy details, but the directional signals it has released are already clear enough: regulatory dialogue is returning to a rational track, and real institutional design may be accelerating toward us.
#白宫加密会议
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Trump Truth Social speaks out in the morning: a strong tone again conveys governance signals
On February 2, 2026, at 09:29 AM Eastern Time, President Donald J. Trump released the latest update through Truth Social, once again attracting public attention with his signature frank style. Although the message is not long, its information density is extremely high, clearly conveying his judgment of the current situation and his attitude toward the future direction.
In terms of wording, this update continues Trump's consistent strong tone, focusing on "achievements," "commitments," and "actions." He emphasized that since returning to the White House, the government has continuously pushed reforms in key areas and hinted that some vested interest groups and opposing forces are trying to undermine these achievements. The message conveys a sense of "we are winning, but we must remain vigilant."
At the same time, this post also clearly carries a mobilization meaning. Trump is not only summarizing phased progress but also laying the groundwork for the upcoming policy push. He repeatedly mentions keywords such as "people" and "nation first," reinforcing the core logic of his governing narrative—that all decisions ultimately point to the overall interests of the United States, rather than a few elites.
It is noteworthy that Truth Social, as one of Trump's most important platforms for expression, is no longer just a social media outlet; it has become more like the "first outlet" for his policy positions and political sentiments. Every seemingly brief post often sets the tone for the upcoming actions or public statements.
Overall, this morning update at 09:29 is not a random occurrence but rather resembles a rhythmic signal release: stabilizing supporters' confidence while conveying to the outside world—there will be no change in direction, only an acceleration in pace.
#白宫加密会议
On February 2, 2026, at 09:29 AM Eastern Time, President Donald J. Trump released the latest update through Truth Social, once again attracting public attention with his signature frank style. Although the message is not long, its information density is extremely high, clearly conveying his judgment of the current situation and his attitude toward the future direction.
In terms of wording, this update continues Trump's consistent strong tone, focusing on "achievements," "commitments," and "actions." He emphasized that since returning to the White House, the government has continuously pushed reforms in key areas and hinted that some vested interest groups and opposing forces are trying to undermine these achievements. The message conveys a sense of "we are winning, but we must remain vigilant."
At the same time, this post also clearly carries a mobilization meaning. Trump is not only summarizing phased progress but also laying the groundwork for the upcoming policy push. He repeatedly mentions keywords such as "people" and "nation first," reinforcing the core logic of his governing narrative—that all decisions ultimately point to the overall interests of the United States, rather than a few elites.
It is noteworthy that Truth Social, as one of Trump's most important platforms for expression, is no longer just a social media outlet; it has become more like the "first outlet" for his policy positions and political sentiments. Every seemingly brief post often sets the tone for the upcoming actions or public statements.
Overall, this morning update at 09:29 is not a random occurrence but rather resembles a rhythmic signal release: stabilizing supporters' confidence while conveying to the outside world—there will be no change in direction, only an acceleration in pace.
#白宫加密会议
He Yi (@heyibinance), as co-founder and co-CEO of Binance, has remained active in the crypto community and industry frontlines since early 2026, maintaining significant influence. Recent focus has mainly revolved around the stability of the Binance ecosystem, the positioning of Bitcoin, and responses to market events.
• Clarification on SAFU fund BTC purchases: On February 2, He Yi addressed community concerns that 'Binance's purchase of 1,315 BTC was merely an internal fund reorganization,' stating, 'Binance will buy within Binance,' emphasizing that this is a normal exchange process and encouraging understanding of internal mechanisms to avoid misleading interpretations. This response quickly quelled some FUD, highlighting her crisis public relations skills.
• The era of Bitcoin as 'digital gold': Around January 30, He Yi emphasized that despite current market volatility diverging from gold prices, the era of Bitcoin as 'digital gold' is 'just a matter of time.' In her statement, she urged the community to move beyond short-term FOMO and focus on long-term value, sparking widespread discussion.
• Ongoing responses to the '1011' flash crash incident: In response to accusations from figures like Cathie Wood that software failures at Binance caused a $28 billion deleveraging loss, He Yi repeatedly refuted on X, stating, 'Whales understand the truth after the tide recedes,' and agreeing with some viewpoints: the decline is fundamentally about macro factors and the breakdown of leverage chains, rather than the responsibility of a single platform. The posts she deleted also reflect her cautious attitude.
• Active in the Binance Square: As a core figure of the platform, He Yi often shares/likes quality content (such as memes and market analysis) and promotes user growth targets (aiming for 1 billion users). Her X account (with over 560,000 followers) remains an important barometer in the Chinese crypto circle, often engaging with a concise and sharp style.
Since taking on the role of co-CEO, He Yi's style has become more pragmatic and low-key: focusing on compliance, user protection, and ecosystem expansion (such as global compliance layout), rather than making high-profile calls. In the face of a sluggish market, she emphasizes 'cognitive gaps' and long-termism.
• Clarification on SAFU fund BTC purchases: On February 2, He Yi addressed community concerns that 'Binance's purchase of 1,315 BTC was merely an internal fund reorganization,' stating, 'Binance will buy within Binance,' emphasizing that this is a normal exchange process and encouraging understanding of internal mechanisms to avoid misleading interpretations. This response quickly quelled some FUD, highlighting her crisis public relations skills.
• The era of Bitcoin as 'digital gold': Around January 30, He Yi emphasized that despite current market volatility diverging from gold prices, the era of Bitcoin as 'digital gold' is 'just a matter of time.' In her statement, she urged the community to move beyond short-term FOMO and focus on long-term value, sparking widespread discussion.
• Ongoing responses to the '1011' flash crash incident: In response to accusations from figures like Cathie Wood that software failures at Binance caused a $28 billion deleveraging loss, He Yi repeatedly refuted on X, stating, 'Whales understand the truth after the tide recedes,' and agreeing with some viewpoints: the decline is fundamentally about macro factors and the breakdown of leverage chains, rather than the responsibility of a single platform. The posts she deleted also reflect her cautious attitude.
• Active in the Binance Square: As a core figure of the platform, He Yi often shares/likes quality content (such as memes and market analysis) and promotes user growth targets (aiming for 1 billion users). Her X account (with over 560,000 followers) remains an important barometer in the Chinese crypto circle, often engaging with a concise and sharp style.
Since taking on the role of co-CEO, He Yi's style has become more pragmatic and low-key: focusing on compliance, user protection, and ecosystem expansion (such as global compliance layout), rather than making high-profile calls. In the face of a sluggish market, she emphasizes 'cognitive gaps' and long-termism.
The Test of Belief Behind Huge Floating Losses: BitMine Immersion Endures Nearly $7 Billion in Paper Pressure
In the midst of severe market fluctuations, true belief often reveals itself in adversity. The latest data shows that BitMine Immersion is currently enduring approximately $7 billion in unrealized losses, a figure that has caused a strong shock in the fields related to cryptocurrency and computing power. For most companies, such a scale of paper drawdown is enough to shake their foundations, but BitMine still chooses to remain within the cycle rather than escape it.
The so-called "unrealized losses" do not equate to actual losses, but rather the book valuation of assets at current market prices. This means that as long as they are not forced to close positions or sell, their core holdings still exist intact. The real test is not the assets themselves, but rather the company's cash flow management, stress resistance, and adherence to long-term logic.
BitMine Immersion's strategy has always been highly concentrated, amplifying the potential returns in bullish cycles while exposing astonishing volatility during corrections. But it is precisely this high-risk, high-concentration choice that makes it an amplifier of market sentiment. Some view it as reckless, while others see it as an extreme bet on long-term trends.
In the cryptocurrency and computing power industry, cycles are never gentle. Every deep drawdown eliminates short-term speculators while filtering out those who are truly patient participants. What BitMine currently endures is not only financial pressure but also a public test of faith, time, and risk tolerance.
The market will remember the results, but it will remember even more those who choose to "hang in there" during extreme moments.
In the midst of severe market fluctuations, true belief often reveals itself in adversity. The latest data shows that BitMine Immersion is currently enduring approximately $7 billion in unrealized losses, a figure that has caused a strong shock in the fields related to cryptocurrency and computing power. For most companies, such a scale of paper drawdown is enough to shake their foundations, but BitMine still chooses to remain within the cycle rather than escape it.
The so-called "unrealized losses" do not equate to actual losses, but rather the book valuation of assets at current market prices. This means that as long as they are not forced to close positions or sell, their core holdings still exist intact. The real test is not the assets themselves, but rather the company's cash flow management, stress resistance, and adherence to long-term logic.
BitMine Immersion's strategy has always been highly concentrated, amplifying the potential returns in bullish cycles while exposing astonishing volatility during corrections. But it is precisely this high-risk, high-concentration choice that makes it an amplifier of market sentiment. Some view it as reckless, while others see it as an extreme bet on long-term trends.
In the cryptocurrency and computing power industry, cycles are never gentle. Every deep drawdown eliminates short-term speculators while filtering out those who are truly patient participants. What BitMine currently endures is not only financial pressure but also a public test of faith, time, and risk tolerance.
The market will remember the results, but it will remember even more those who choose to "hang in there" during extreme moments.
Bitcoin's pullback intensifies, Michael Saylor's Strategy faces a huge unrealized loss test
As Bitcoin's price falls below $75,000, the sentiment in the crypto market has clearly turned cold. Recent data shows that Strategy (formerly MicroStrategy), led by Michael Saylor, is bearing more than $900 million in unrealized losses, attracting widespread attention in the market. During this round of decline, this company, known for its 'Bitcoin strategy,' once again stands at the intersection of public opinion and cyclical fluctuations.
As of now, Strategy holds approximately 712,647 BTC, making it one of the publicly listed companies with the largest amount of Bitcoin in the world. This position size has amplified its asset resilience during a bull market, but during a pullback phase, it inevitably magnifies the book volatility. Although the unrealized loss figure looks staggering, it is important to emphasize that these losses are not yet realized, provided that the company has not sold the relevant holdings.
From a historical perspective, Saylor's attitude towards Bitcoin has remained consistently high: long-term holding, ignoring short-term price fluctuations. He has publicly stated multiple times that the company evaluates Bitcoin not based on quarterly profit and loss but sees it as a long-term store of value and an anti-inflation tool. Therefore, the current book loss is more of an accounting pressure rather than a strategic wobble.
In the market, this decline has combined with macro uncertainties, risk-averse capital sentiment, and concentrated liquidation of high-leverage positions, creating a short-term impact on high-position institutions. However, at the same time, some investors believe that this pullback instead reaffirms Strategy's 'high volatility, high conviction' approach — either endure the cycle or miss the cycle.
Overall, what Strategy currently faces is not a question of 'failure' but a test of 'whether it can continue to endure volatility.' Until the long-term narrative of Bitcoin is broken, Michael Saylor's strategy will remain one of the most controversial and symbolically significant presences in the crypto market.
As Bitcoin's price falls below $75,000, the sentiment in the crypto market has clearly turned cold. Recent data shows that Strategy (formerly MicroStrategy), led by Michael Saylor, is bearing more than $900 million in unrealized losses, attracting widespread attention in the market. During this round of decline, this company, known for its 'Bitcoin strategy,' once again stands at the intersection of public opinion and cyclical fluctuations.
As of now, Strategy holds approximately 712,647 BTC, making it one of the publicly listed companies with the largest amount of Bitcoin in the world. This position size has amplified its asset resilience during a bull market, but during a pullback phase, it inevitably magnifies the book volatility. Although the unrealized loss figure looks staggering, it is important to emphasize that these losses are not yet realized, provided that the company has not sold the relevant holdings.
From a historical perspective, Saylor's attitude towards Bitcoin has remained consistently high: long-term holding, ignoring short-term price fluctuations. He has publicly stated multiple times that the company evaluates Bitcoin not based on quarterly profit and loss but sees it as a long-term store of value and an anti-inflation tool. Therefore, the current book loss is more of an accounting pressure rather than a strategic wobble.
In the market, this decline has combined with macro uncertainties, risk-averse capital sentiment, and concentrated liquidation of high-leverage positions, creating a short-term impact on high-position institutions. However, at the same time, some investors believe that this pullback instead reaffirms Strategy's 'high volatility, high conviction' approach — either endure the cycle or miss the cycle.
Overall, what Strategy currently faces is not a question of 'failure' but a test of 'whether it can continue to endure volatility.' Until the long-term narrative of Bitcoin is broken, Michael Saylor's strategy will remain one of the most controversial and symbolically significant presences in the crypto market.
MICHAEL SAYLOR:
“A lot of people don’t really think — they’re like oh my god MicroStrategy’s going to get liquidated. Well dude no, Bitcoin could go to $1, we’re not getting liquidated, we’re just gonna buy all the Bitcoin.”
“A lot of people don’t really think — they’re like oh my god MicroStrategy’s going to get liquidated. Well dude no, Bitcoin could go to $1, we’re not getting liquidated, we’re just gonna buy all the Bitcoin.”
The wallet is almost empty! 😶 Bitcoin plummeted, gold and silver crashed, and the US stock market was bloodied! What exactly happened? #CZ币安广场AMA
$BTC CZ responds to market doubts: denies allegations of Binance causing October's crypto market crash
In response to the approximately $19 billion forced liquidation that occurred in the crypto market in October this year, Binance founder Zhao Changpeng (CZ) recently made a public statement denying the accusations that "Binance caused the market crash" and stated that these claims are "tenuous and lack factual basis".
CZ indicated that some opinions simplistically attribute the market's violent fluctuations to a single exchange, which misinterprets the complex market structure. He emphasized that the drastic price swings at that time were due to multiple overlapping factors, including concentrated high-leverage positions, liquidity contraction within a short period, and a rapid reversal of market sentiment, rather than the active behavior of any single platform.
Regarding user complaints about price discrepancies and system issues, CZ also provided explanations. He acknowledged that under extreme market conditions, the platform did experience technical pressures, but these issues do not equate to "market manipulation". To this end, Binance has compensated affected users approximately $600 million to cover losses from abnormal trading and system failures.
CZ further pointed out that the forced liquidation mechanism itself is an inherent risk of leveraged trading. When a large number of high-leverage positions simultaneously trigger risk control rules, it is difficult for any large platform to completely avoid a chain reaction. He called for the market to view risk management issues more rationally, rather than seeking a "single culprit" after volatility occurs.
Overall, CZ's response attempts to shift the focus from emotional blame back to the market structure and the risk itself, while also indicating that Binance is willing to take responsibility for system issues, but refuses to take the blame for the overall market decline.
In response to the approximately $19 billion forced liquidation that occurred in the crypto market in October this year, Binance founder Zhao Changpeng (CZ) recently made a public statement denying the accusations that "Binance caused the market crash" and stated that these claims are "tenuous and lack factual basis".
CZ indicated that some opinions simplistically attribute the market's violent fluctuations to a single exchange, which misinterprets the complex market structure. He emphasized that the drastic price swings at that time were due to multiple overlapping factors, including concentrated high-leverage positions, liquidity contraction within a short period, and a rapid reversal of market sentiment, rather than the active behavior of any single platform.
Regarding user complaints about price discrepancies and system issues, CZ also provided explanations. He acknowledged that under extreme market conditions, the platform did experience technical pressures, but these issues do not equate to "market manipulation". To this end, Binance has compensated affected users approximately $600 million to cover losses from abnormal trading and system failures.
CZ further pointed out that the forced liquidation mechanism itself is an inherent risk of leveraged trading. When a large number of high-leverage positions simultaneously trigger risk control rules, it is difficult for any large platform to completely avoid a chain reaction. He called for the market to view risk management issues more rationally, rather than seeking a "single culprit" after volatility occurs.
Overall, CZ's response attempts to shift the focus from emotional blame back to the market structure and the risk itself, while also indicating that Binance is willing to take responsibility for system issues, but refuses to take the blame for the overall market decline.
Vanar Chain Latest Developments: Laying the Foundation for Next-Generation Entertainment and AI Applications
Vanar Chain Latest Developments: Laying the Foundation for Next-Generation Entertainment and AI Applications
Vanar Chain is gradually establishing its unique position in the Web3 infrastructure. Unlike traditional public chains that emphasize financial attributes, Vanar has focused on entertainment, gaming, and immersive content scenarios since its inception, attempting to address the performance challenges brought by high-frequency interactions, low latency, and large-scale users online simultaneously. Recently, Vanar Chain has made several optimizations around technical architecture, ecological cooperation, and developer experience, signaling its commitment to long-term value creation.
Vanar Chain is gradually establishing its unique position in the Web3 infrastructure. Unlike traditional public chains that emphasize financial attributes, Vanar has focused on entertainment, gaming, and immersive content scenarios since its inception, attempting to address the performance challenges brought by high-frequency interactions, low latency, and large-scale users online simultaneously. Recently, Vanar Chain has made several optimizations around technical architecture, ecological cooperation, and developer experience, signaling its commitment to long-term value creation.
$BTC JUST IN: 🇺🇸 Michael Saylor says Kevin Warsh will soon become the first pro-Bitcoin Chair of the Federal Reserve.
KEVIN WARSH IS THE RIGHT CHOICE FOR THE FED. 🇺🇸
Good evening everyone! Due to the last-minute adjustment of the CZ AMA, it will start at 0:50 UTC+8. Thank you.
CZ cousin, when will you invite sister Yi to start the broadcast? 😂
CZ
·
--
Will hold another Binance Square livestream AMA in English tomorrow at 8pm-ish GMT+4 (Dubai time).
- will invite audiences on stage semi-randomly. (Heard the product improved to see tippers, sorting, etc. will test it out live.)
- one question per person, keep it succinct
- welcome suggestions and feedback
- might give a prize for best suggestion afterwards
All tips will go to Giggle Academy. Received $28,000 from last session.🙏😆
- will invite audiences on stage semi-randomly. (Heard the product improved to see tippers, sorting, etc. will test it out live.)
- one question per person, keep it succinct
- welcome suggestions and feedback
- might give a prize for best suggestion afterwards
All tips will go to Giggle Academy. Received $28,000 from last session.🙏😆
CZ: Not the first time, won't be the last time.
Been receiving FUD attacks since day 1. Will address it in the AMA tonight, look below the surface on why and how.
While our (self perceived) "competitors" focus on us, we continue to build and grow. 💪
Been receiving FUD attacks since day 1. Will address it in the AMA tonight, look below the surface on why and how.
While our (self perceived) "competitors" focus on us, we continue to build and grow. 💪
I am really looking forward to my live stream traffic hitting a new high after this AMA. 😂😂😂
CZ
·
--
Will hold another Binance Square livestream AMA in English tomorrow at 8pm-ish GMT+4 (Dubai time).
- will invite audiences on stage semi-randomly. (Heard the product improved to see tippers, sorting, etc. will test it out live.)
- one question per person, keep it succinct
- welcome suggestions and feedback
- might give a prize for best suggestion afterwards
All tips will go to Giggle Academy. Received $28,000 from last session.🙏😆
- will invite audiences on stage semi-randomly. (Heard the product improved to see tippers, sorting, etc. will test it out live.)
- one question per person, keep it succinct
- welcome suggestions and feedback
- might give a prize for best suggestion afterwards
All tips will go to Giggle Academy. Received $28,000 from last session.🙏😆
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