US Pension Funds lost over $340M after investing in Strategy
US public pension funds are facing massive losses on their Strategy (MicroStrategy) investments amid Bitcoin's price meltdown.
These pension funds serve millions of teachers, police officers, firefighters, and government workers who are now watching their retirement savings shrink.
🔗 dlnews.com/articles/markets/public-pension-funds-down-bad-as-bitcoin-price-melts
@TOP7ICO
US public pension funds are facing massive losses on their Strategy (MicroStrategy) investments amid Bitcoin's price meltdown.
Key metrics:
11 state pension funds hold nearly 1.8M shares of Strategy
Collective paper losses: ~$343M
10 out of 11 funds are down 60% on their positions
Strategy's stock has lost 67% of its value in 6 months
Biggest Losers:
New York State Common Retirement Fund: -$53M
Florida Retirement System: -$46M
North Carolina: -$30M Wisconsin: -$26M
These pension funds serve millions of teachers, police officers, firefighters, and government workers who are now watching their retirement savings shrink.
🔗 dlnews.com/articles/markets/public-pension-funds-down-bad-as-bitcoin-price-melts
@TOP7ICO
Tether announces $100M strategic equity investment in Anchorage Digital
Anchorage Digital Bank N. A is America’s first federally regulated digital asset bank offering staking, custody, governance, settlement, and stablecoin issuance to institutions and innovators globally.
🔗 tether.io/news/tether-announces-100-million-strategic-equity-investment-in-anchorage-digital
@TOP7ICO
Anchorage Digital Bank N. A is America’s first federally regulated digital asset bank offering staking, custody, governance, settlement, and stablecoin issuance to institutions and innovators globally.
Both companies are focused on strengthening the core infrastructure required for digital assets to operate safely, at scale, and within clear regulatory frameworks.
🔗 tether.io/news/tether-announces-100-million-strategic-equity-investment-in-anchorage-digital
@TOP7ICO
🚨 Bitcoin Dips Below $67K, Triggering Over $460M in Liquidations for 1 hour
Over the past hour, the crypto market saw over $470M in liquidations. In the last 24 hours, total liquidations reached $1.44B. The largest single liquidation order occurred on Aster exchange at $11.36M for BTCUSDT.
@TOP7ICO
Over the past hour, the crypto market saw over $470M in liquidations. In the last 24 hours, total liquidations reached $1.44B. The largest single liquidation order occurred on Aster exchange at $11.36M for BTCUSDT.
@TOP7ICO
Top L2s by Revenue in 24 hours – Base is the Absolute Leader
While most of L2s struggle with users and revenue flow, Base generates over $500K in just daily revenue – mostly driven by the exploding AI Agent economy now.
Vitalik Buterin dropped a bombshell statement, stating that L2s are failing and that the original vision of "Rollup-centric Ethereum" no longer makes sense. If L2s don't specialize (e.g., in privacy, AI, or specific apps) or reach Stage 1 decentralization, they are just "copy-paste chains" with no future.
The market clearly votes for utility over decentralization right now, and Base is currently leading this race with a huge gap.
@TOP7ICO
While most of L2s struggle with users and revenue flow, Base generates over $500K in just daily revenue – mostly driven by the exploding AI Agent economy now.
Vitalik Buterin dropped a bombshell statement, stating that L2s are failing and that the original vision of "Rollup-centric Ethereum" no longer makes sense. If L2s don't specialize (e.g., in privacy, AI, or specific apps) or reach Stage 1 decentralization, they are just "copy-paste chains" with no future.
The market clearly votes for utility over decentralization right now, and Base is currently leading this race with a huge gap.
@TOP7ICO
🚨 $2.68B liquidated in 24 hours – while BTC briefly went under $60k
Bybit leads liquidations at $693M, followed by Hyperliquid at $657M and Binance at $405M – cascading margin calls, with 86% of all liquidations being longs.
Bitcoin has now lost 51% from its $126k ATH – erasing $1.2T in value. Shaking around $60k now, its the deepest drawdown for $BTC since the 2022 bear market.
What could trigger this:
- Treasury Secretary Bessent testified on Feb 4 that the government has "no statutory authority to purchase cryptocurrencies with taxpayer funds" – killing the strategic BTC reserve narrative
- Kevin Warsh's Fed Chair nomination signals sustained hawkish policy
- $544M in spot $BTC ETF outflows yesterday alone; $1.6B net outflows in January
- Strategy $MSTR now underwater on its entire 713k $BTC position with avg cost ~$76k, and reporting $12.6B Q4 loss
- $BTC broke below its 365-day moving average for the first time since March 2022
Fear & Greed Index at 9. Such an Extreme Fear has historically preceded the strongest recoveries.
But first, the market needs to find a floor.
@TOP7ICO
Bybit leads liquidations at $693M, followed by Hyperliquid at $657M and Binance at $405M – cascading margin calls, with 86% of all liquidations being longs.
Bitcoin has now lost 51% from its $126k ATH – erasing $1.2T in value. Shaking around $60k now, its the deepest drawdown for $BTC since the 2022 bear market.
What could trigger this:
- Treasury Secretary Bessent testified on Feb 4 that the government has "no statutory authority to purchase cryptocurrencies with taxpayer funds" – killing the strategic BTC reserve narrative
- Kevin Warsh's Fed Chair nomination signals sustained hawkish policy
- $544M in spot $BTC ETF outflows yesterday alone; $1.6B net outflows in January
- Strategy $MSTR now underwater on its entire 713k $BTC position with avg cost ~$76k, and reporting $12.6B Q4 loss
- $BTC broke below its 365-day moving average for the first time since March 2022
Fear & Greed Index at 9. Such an Extreme Fear has historically preceded the strongest recoveries.
But first, the market needs to find a floor.
@TOP7ICO
Tria [TRIA] will be listed on Binance Futures at 12:15 UTC
Binance Futures will launch #TRIAUSDT perpetual contract pre-market trading with up to 50x leverage today, on February 6, at 12:15 UTC.
🔗 binance.com/en/support/announcement/detail/466fc5b69ff0407a96285327761edcf0
@TOP7ICO
Binance Futures will launch #TRIAUSDT perpetual contract pre-market trading with up to 50x leverage today, on February 6, at 12:15 UTC.
ℹ️ Tria is a self-custodial neobank and an interoperable payments infrastructure for developers and AI. It raised $12M in a pre-seed funding round backed by Sandeep Nailwal, P2 Ventures, Aptos and others.
• Current $TRIA price: $0.023
• Current FDV: $238M
🔗 binance.com/en/support/announcement/detail/466fc5b69ff0407a96285327761edcf0
@TOP7ICO
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🚨 Binance buys $236M worth of Bitcoin for SAFU fund
Binance SAFU Fund bought another 3,600 $BTC ($236.9M), bringing its total purchase to 6,230 $BTC ($410M).
🔗 intel.arkm.com/explorer/address/1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD
@TOP7ICO
Binance SAFU Fund bought another 3,600 $BTC ($236.9M), bringing its total purchase to 6,230 $BTC ($410M).
🔗 intel.arkm.com/explorer/address/1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD
@TOP7ICO
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🚨 Hyperliquid is testing native Prediction Markets on Testnet
Recently, Hyperliquid $HYPE announced HIP-4 and new fully collateralized outcome contracts that would enable prediction markets and options-style derivatives with fixed price ranges, dated markets and non-linear payoffs, without margin trading or liquidations.
🔗 x.com/mlmabc/status/2019719732681908679
@TOP7ICO
Recently, Hyperliquid $HYPE announced HIP-4 and new fully collateralized outcome contracts that would enable prediction markets and options-style derivatives with fixed price ranges, dated markets and non-linear payoffs, without margin trading or liquidations.
🔗 x.com/mlmabc/status/2019719732681908679
@TOP7ICO
Relay raises $17M in a Series B Round
Series B led by Archetype and Union Square Ventures alongside the release of Relay Chain. Relay is an interoperability infrastructure that enables cheap, fast, and reliable cross-chain transactions. Applications like Phantom, MetaMask, OpenSea, and Coinbase Wallet use Relay to give their users instant cross-chain capabilities.
🔗 radar.relay.link/relay-raises-17m-series-b
@TOP7ICO
Series B led by Archetype and Union Square Ventures alongside the release of Relay Chain. Relay is an interoperability infrastructure that enables cheap, fast, and reliable cross-chain transactions. Applications like Phantom, MetaMask, OpenSea, and Coinbase Wallet use Relay to give their users instant cross-chain capabilities.
🔗 radar.relay.link/relay-raises-17m-series-b
@TOP7ICO
DAT Companies are in $25B of Unrealized Losses
According to fresh data from Artemis, the Digital Asset Treasury (DAT) sector is facing a massive drawdown.
DATs are down about $25B cumulatively, with ZERO companies currently above their cost basis.
🟠 Strategy (MicroStrategy): $8.9B loss
The largest corporate BTC holder is taking the biggest hit but shows no signs of selling.
🔵 Bitmine: $8.6B loss
Heavy exposure to $ETH has resulted in significant unrealized losses.
⚫️ Others:
• Twenty One $BTC -$1.9B
• Bitcoin Standard $BTC -$1.7B
• Sharplink $ETH -$1.5B
• Metaplanet $BTC -$1.4B
• Forward $SOL -$1.1B
• Ether Machine $ETH -$1B
• Strive $BTC -$538M
• Solana Company $SOL -$342M
This is the first real bear market test for most DAT treasuries.
If prices don’t recover soon, some of these companies may be forced to sell at a loss, triggering a cascade.
Data source 🔗 Artemis
@TOP7ICO
According to fresh data from Artemis, the Digital Asset Treasury (DAT) sector is facing a massive drawdown.
DATs are down about $25B cumulatively, with ZERO companies currently above their cost basis.
🟠 Strategy (MicroStrategy): $8.9B loss
The largest corporate BTC holder is taking the biggest hit but shows no signs of selling.
🔵 Bitmine: $8.6B loss
Heavy exposure to $ETH has resulted in significant unrealized losses.
⚫️ Others:
• Twenty One $BTC -$1.9B
• Bitcoin Standard $BTC -$1.7B
• Sharplink $ETH -$1.5B
• Metaplanet $BTC -$1.4B
• Forward $SOL -$1.1B
• Ether Machine $ETH -$1B
• Strive $BTC -$538M
• Solana Company $SOL -$342M
This is the first real bear market test for most DAT treasuries.
If prices don’t recover soon, some of these companies may be forced to sell at a loss, triggering a cascade.
Data source 🔗 Artemis
@TOP7ICO
Bithumb Unexpected Airdrop: Exchange Sent 2,000 BTC Instead of $1.50 to Hundreds of Users
South Korean crypto exchange Bithumb accidentally credited hundreds of users with 2,000 BTC ($132M each) instead of 2,000 Korean won ($1.50).
The consequences came fast. Bithumb froze all accounts that received the erroneous funds, and users who managed to withdraw are now facing criminal charges.
@TOP7ICO
South Korean crypto exchange Bithumb accidentally credited hundreds of users with 2,000 BTC ($132M each) instead of 2,000 Korean won ($1.50).
At least one lucky user didn't hesitate — they immediately sold everything and became a millionaire in seconds. The sudden sell-off caused BTC price on Bithumb to crash 16% lower than other exchanges, creating temporary arbitrage madness across the market.
The consequences came fast. Bithumb froze all accounts that received the erroneous funds, and users who managed to withdraw are now facing criminal charges.
@TOP7ICO
Too Much Winning – How Major Crypto Dumped after Trump’s Inauguration 🇺🇸
A year ago today, Trump took Oval office and Bitcoin hit an all-time high. The market priced in a Golden Era, fueled by an aggressive list of campaign promises that sent valuations high – executive orders, strategic reserves, and regulatory clarity.
Instead, we got tariffs, hawkish Fed picks, and a Treasury Secretary who said there's "no statutory authority" to buy crypto with taxpayer funds.
We are now in a max pain zone compared to the inauguration hype, with corporate treasuries sitting on $25B in unrealized losses.
Here's the reality check since Inauguration Day (Jan 20, 2025 vs Feb 6, 2026):
📉 Trump $TRUMP -92.5%
🐶 Dogecoin $DOGE -73.6%
🟣 Solana $SOL -66.8%
⚫️ XRP $XRP -52.5%
🔵 Ethereum $ETH -39.2%
🟠 Bitcoin $BTC -33.3%
🟡 BNB $BNB -5.7%
The campaign promised a Bitcoin strategic reserve.
The reality delivered the worst drawdown since 2022.
This is the gap between narrative and execution, expectations and reality.
@TOP7ICO
A year ago today, Trump took Oval office and Bitcoin hit an all-time high. The market priced in a Golden Era, fueled by an aggressive list of campaign promises that sent valuations high – executive orders, strategic reserves, and regulatory clarity.
Instead, we got tariffs, hawkish Fed picks, and a Treasury Secretary who said there's "no statutory authority" to buy crypto with taxpayer funds.
We are now in a max pain zone compared to the inauguration hype, with corporate treasuries sitting on $25B in unrealized losses.
Here's the reality check since Inauguration Day (Jan 20, 2025 vs Feb 6, 2026):
📉 Trump $TRUMP -92.5%
🐶 Dogecoin $DOGE -73.6%
🟣 Solana $SOL -66.8%
⚫️ XRP $XRP -52.5%
🔵 Ethereum $ETH -39.2%
🟠 Bitcoin $BTC -33.3%
🟡 BNB $BNB -5.7%
The campaign promised a Bitcoin strategic reserve.
The reality delivered the worst drawdown since 2022.
This is the gap between narrative and execution, expectations and reality.
@TOP7ICO
Token Unlocks: Over $420M in Assets Unlocking Next Week
February 9–15, 2026
More than $420M worth of tokens are set to enter circulation next week.
$RAIN takes the lead with a massive 37.43B tokens ($346M worth) being released, accounting for over 80% of the total weekly unlock value.
@TOP7ICO
February 9–15, 2026
More than $420M worth of tokens are set to enter circulation next week.
• $RAIN → $346M on Feb 10
• $PUMP → $20.6M on Feb 14
• $APT → $12.4M on Feb 12
• $LAYER → $10.7M on Feb 11
• $SEI → $7.43M on Feb 15
• $STRK → $6.49M on Feb 15
• $B3 → $5.74M on Feb 10
• $MOCA → $4.3M on Feb 11
• $MOVE → $3.8M on Feb 9
• $HOME → $3.7M on Feb 10
$RAIN takes the lead with a massive 37.43B tokens ($346M worth) being released, accounting for over 80% of the total weekly unlock value.
@TOP7ICO
Top Upcoming Crypto Events of Next Week
February 9–15, 2026
Next week is packed with exciting TGEs, sales, and product launches. Save our calendar to make sure you don't miss any of next week's key crypto events!
@TOP7ICO
February 9–15, 2026
Next week is packed with exciting TGEs, sales, and product launches. Save our calendar to make sure you don't miss any of next week's key crypto events!
On the radar
• Sales: $CAP
• TGEs: $UP $AZTEC
• Products & Mainnet: $MEGA $ZK
• Unlocks: $RAIN $APT $PUMP
• Offline Events: #Consensus_HK
@TOP7ICO
Prediction Markets terminal Chance rewards retroactively for Polymarket trading
Chance is the all-in-one platform that lets you explore, analyze, and act across all of the Prediction Markets from one interface.
You can now log in to Chance terminal with invite code, verify your Polymarket wallet (no need to connect), and claim the gift box.
Moreover, while trading on Chance, you’ll also be able to claim future $POLY airdrop, just like if you were using Polymarket platform itself.
Platform is still in invite-only Beta. Here are 5 FCFS codes: 59AD66, Y93EGJ, NTE7U7, ZU78B7, YDPURD.
🔗 https://x.com/Chance_/status/2019831180292497519
@TOP7ICO
Chance is the all-in-one platform that lets you explore, analyze, and act across all of the Prediction Markets from one interface.
Chance integrates Polymarket, Kalshi, Opinion Labs, with Predict.fun and Limitless coming soon. It just reached $15M+ in weekly volume, aggregating 0.75% of total Polymarket volume for the last week.
You can now log in to Chance terminal with invite code, verify your Polymarket wallet (no need to connect), and claim the gift box.
Moreover, while trading on Chance, you’ll also be able to claim future $POLY airdrop, just like if you were using Polymarket platform itself.
Platform is still in invite-only Beta. Here are 5 FCFS codes: 59AD66, Y93EGJ, NTE7U7, ZU78B7, YDPURD.
🔗 https://x.com/Chance_/status/2019831180292497519
@TOP7ICO
Espresso [ESP] Airdrop Registration is closing today
Registration for Espresso $ESP airdrop is closing today, on Feb 9 midnight, 12am UTC.
• About 1M wallets are eligible for initial airdrop, with over 40 eligibility criteria.
• 10% of $ESP tokens are allocated for this airdrop.
Espresso builds a shared sequencing and confirmation layer for L2 rollups, so chains can focus on building user experiences rather than competing for fragmented liquidity. It raised $60M total from a16z Crypto, Greylock Partners, and Electric Capital, and $4M via public raise on Kaito.
Check your wallets for potential drop here 🔗 claim.espresso.foundation
@TOP7ICO
Registration for Espresso $ESP airdrop is closing today, on Feb 9 midnight, 12am UTC.
• About 1M wallets are eligible for initial airdrop, with over 40 eligibility criteria.
• 10% of $ESP tokens are allocated for this airdrop.
Espresso builds a shared sequencing and confirmation layer for L2 rollups, so chains can focus on building user experiences rather than competing for fragmented liquidity. It raised $60M total from a16z Crypto, Greylock Partners, and Electric Capital, and $4M via public raise on Kaito.
Check your wallets for potential drop here 🔗 claim.espresso.foundation
@TOP7ICO
Based introduces BASED tokenomics with 23.5% allocated to Airdrop
$BASED total supply is 1B, with 235M allocated to Based community members who participated in Season 1 and Season 2 points campaigns, PUP holders, BasedPal NFT holders, and launch partners supporting the TGE.
Moreover, from Jan 5 to May 4, a total of 50M Diamonds will be issued for Season 3, with 15M distributed retrospectively based on user activity as of February 12, and the remaining 35M released from February 13 at a fixed daily rate of 432,098 Diamonds.
75M reserved for the Ethena community in recognition of their strategic investment and the collaboration on HyENA. TGE is set to launch in March 2026. Users can calculate their potential airdrop here.
🔗 x.com/BasedFnd/status/2020489920222282164
@TOP7ICO
$BASED total supply is 1B, with 235M allocated to Based community members who participated in Season 1 and Season 2 points campaigns, PUP holders, BasedPal NFT holders, and launch partners supporting the TGE.
Moreover, from Jan 5 to May 4, a total of 50M Diamonds will be issued for Season 3, with 15M distributed retrospectively based on user activity as of February 12, and the remaining 35M released from February 13 at a fixed daily rate of 432,098 Diamonds.
75M reserved for the Ethena community in recognition of their strategic investment and the collaboration on HyENA. TGE is set to launch in March 2026. Users can calculate their potential airdrop here.
ℹ️ Backed by Ethena Foundation, Based is a consumer-focused platform combining trading, prediction markets, payments, and on-chain commerce into a single ecosystem.
🔗 x.com/BasedFnd/status/2020489920222282164
@TOP7ICO
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🚨 Binance buys ~$300M worth of Bitcoin for SAFU fund
Binance SAFU Fund bought another 4,225 $BTC ($299.6M), bringing its total purchase to 10,455 $BTC ($734M).
🔗 intel.arkm.com/explorer/address/1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD
@TOP7ICO
Binance SAFU Fund bought another 4,225 $BTC ($299.6M), bringing its total purchase to 10,455 $BTC ($734M).
🔗 intel.arkm.com/explorer/address/1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD
@TOP7ICO
Giannis Antetokounmpo has stake of over $100M in Kalshi
Milwaukee Bucks star Giannis Antetokounmpo announced Friday that he has become a shareholder in Kalshi, the CFTC-regulated prediction market platform, through his company Ante Inc. The deal was signed on Thursday, the day of the NBA trade deadline, and that Antetokounmpo’s stake falls below 1% of the company; at Kalshi’s $11B latest valuation, a 1% stake is worth over $100M.
The company did not disclose the exact size of the stake, or how far it falls below the 1% threshold. Kalshi was running event contracts on Antetokounmpo’s own trade destination earlier that week, garnering over $23M in volume.
🔗 theblock.co/post/388940/kalshi-says-nba-star-giannis-antetokounmpos-stake-is-below-1-controversial-deal-was-signed-thursday
@TOP7ICO
Milwaukee Bucks star Giannis Antetokounmpo announced Friday that he has become a shareholder in Kalshi, the CFTC-regulated prediction market platform, through his company Ante Inc. The deal was signed on Thursday, the day of the NBA trade deadline, and that Antetokounmpo’s stake falls below 1% of the company; at Kalshi’s $11B latest valuation, a 1% stake is worth over $100M.
The company did not disclose the exact size of the stake, or how far it falls below the 1% threshold. Kalshi was running event contracts on Antetokounmpo’s own trade destination earlier that week, garnering over $23M in volume.
Kalshi said under the platform’s rules, Antetokounmpo is prohibited from trading on NBA markets and any markets involving him personally.
🔗 theblock.co/post/388940/kalshi-says-nba-star-giannis-antetokounmpos-stake-is-below-1-controversial-deal-was-signed-thursday
@TOP7ICO
Espresso’s [ESP] Pre-TGE Prime Sale on Binance Wallet
During Prime Sale Campaign, users can subscribe to an allocation to Espresso, within the Binance Wallet.
Pre-TGE subscription details
• Activity Start: Feb 10, at 12:00 UTC
• Subscription cap per user: 3 BNB
🔗 x.com/BinanceWallet/status/2020815231358758987
@TOP7ICO
During Prime Sale Campaign, users can subscribe to an allocation to Espresso, within the Binance Wallet.
Pre-TGE subscription details
• Activity Start: Feb 10, at 12:00 UTC
• Subscription cap per user: 3 BNB
ℹ️ Espresso builds a shared sequencing and confirmation layer for L2 rollups, so chains can focus on building user experiences rather than competing for fragmented liquidity. It raised $60M total from a16z Crypto, Greylock Partners, and Electric Capital, and $4M via public raise on Kaito.
🔗 x.com/BinanceWallet/status/2020815231358758987
@TOP7ICO
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