Odaily Planet Daily reports that researchers at the Federal Reserve have published a new paper highly praising the role of forecasting markets in economic analysis, specifically highlighting the performance of the forecasting platform Kalshi. The report points out that Kalshi's forecasts of the federal funds rate and the U.S. Consumer Price Index (CPI) statistically outperform federal funds futures and professional economist forecasts, providing continuously updated complete probability distributions rather than traditional discontinuous point forecasts. The study also argues that forecasting markets provide unique market-based distribution data in areas such as GDP growth, core inflation, unemployment rate, and non-farm payrolls, variables for which comparable market pricing tools were previously lacking. Since 2022, Kalshi's forecasts of federal funds rate meetings have been perfectly consistent with actual results. The report notes that a major advantage of forecasting markets lies in the participation of retail investors, distinguishing them from traditional institutionally dominated financial markets and giving them unique value in information integration and real-time reflection of market expectations.

At the World Liberty Financial forum in Mar-a-Lago, Eric Trump reiterated his optimistic outlook on Bitcoin's long-term price, stating that Bitcoin "will eventually reach $1 million" and that he has "never been more bullish on cryptocurrency." In an interview with CNBC, Trump pointed out that Bitcoin has seen an average annual growth of about 70% over the past decade, calling it "one of the best-performing asset classes of the last ten years." He stated that while price volatility exists, it is the price that must be paid for high-growth assets. Currently, Bitcoin's price is hovering around $67,000, a significant drop from its high of $126,000 reached in October 2025. Trump had previously predicted that Bitcoin would reach $175,000 by the end of 2025, with a long-term target of $1 million. This statement comes as the Trump family deepens its involvement in the crypto space, with World Liberty Financial considered one of its core crypto projects.

Odaily Planet Daily reports that the White House held its third closed-door meeting on Thursday, inviting representatives from the crypto industry and banking groups to discuss stablecoin reward mechanisms. The meeting lasted several hours and was described by participants as a "constructive dialogue," but no final compromise was reached. Ji Hun Kim, CEO of the Crypto Council for Innovation, stated that the meeting further advanced the framework based on previous discussions, aiming to enhance U.S. competitiveness while protecting consumers. Coinbase Chief Legal Officer Paul Grewal also described the discussions as "cooperative and constructive," hinting that further negotiations would continue. Stablecoin holding rewards mechanisms are a key point of contention in current crypto market structure legislation. Sources revealed that the White House proposed some principles allowing companies to offer rewards based on specific activities or account balances, but banks remain cautious. Whether a next round of meetings will be held is yet to be determined. Participating organizations included Ripple, the Blockchain Association, the Crypto Council for Innovation, and several major banking associations.

Odaily Planet Daily reports that on-chain data analytics platform Parsec has officially ceased operations. The team stated on its website and social media that the project has stopped service after five years of operation and is currently processing refunds and canceling all valid subscriptions. Launched in early 2021, Parsec provided a customizable on-chain data terminal and analytics platform, supporting users in building data dashboards and visualization tools for DeFi, NFTs, and other fields, and offering API interface services. Its Parsec Agent also attempted to combine Large Language Models (LLM) for on-chain research and analysis, including market prediction, social sentiment, and market activity monitoring. The project had completed a $1.25 million seed round and a $4 million seed extension round, with investors including Galaxy Digital, Polychain Capital, Robot Ventures, and Uniswap Ventures.

According to Odaily Planet Daily, investment bank Mizuho stated that although Gemini's stock price has been sluggish recently, the market may have already priced in the negative impact of the management changes. Analysts reiterated their "outperform" rating on Gemini and maintained their target price of $26. The current stock price is around $5.90, a 43% drop over the past 30 days. Mizuho pointed out that while the departures of the COO, CFO, and CLO are disappointing, the stock price has already fully reflected the impact. Regarding financials, Gemini's preliminary revenue range is $165 million to $175 million, slightly higher than expected; however, adjusted EBITDA losses widened to approximately $257 million to $267 million, weaker than previously predicted. Mizuho believes that Gemini's announced plan to lay off approximately 25% of its workforce and its strategy to exit the UK, EU, and Australian markets are expected to improve its cost structure and drive the company towards profitability in the medium to long term. Analysts' bullish scenario of $43 and bearish scenario of $8 are both higher than the current stock price.

According to Odaily Planet Daily, U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins and Commissioner Hester Peirce stated that regulators are considering an "innovation exemption" for on-chain securities to gradually promote the adoption of tokenized securities in the U.S. capital markets. Atkins, speaking at the ETHDenver event, pointed out that this exemption mechanism would allow limited trading of some tokenized securities on new platforms, while accumulating practical experience for the establishment of a long-term regulatory framework. Peirce reiterated that tokenized securities are essentially still securities and should be cautiously pursued within the existing legal framework. Over the past year, traditional financial institutions, including Nasdaq and DTCC, as well as several crypto companies, have explored tokenized stock businesses. If the SEC approves the relevant path, crypto platforms may be able to offer traditional stock trading based on blockchain technology, competing with traditional brokerages. Currently, global demand for tokenized stock trading continues to rise. Kraken reported that its xStocks product has accumulated $25 billion in trading volume; Robinhood's RWA blockchain project also saw over 4 million transactions in its first week. The SEC stated that it will take a "gradual" approach to balance innovation and investor protection.

According to Odaily Planet Daily, Kraken stated that since its launch last year, its tokenized stock product xStocks has accumulated a total trading volume exceeding $25 billion, with approximately $3.5 billion coming from on-chain transactions on chains such as Solana, Ethereum, and TON. Currently, there are over 80,000 unique addresses holding xStocks on-chain, with assets under management (AUM) approaching $225 million. Kraken emphasizes that each xStock is fully backed 1:1 by corresponding stocks or ETF assets held by a licensed custodian. Kraken is currently pursuing a deal to acquire Backed, the issuer of xStocks.

According to Odaily Planet Daily, OKX market data shows that BTC has rebounded and broken through 67,000 USDT, currently trading at 67,003 USDT, with the 24-hour decline narrowing to 0.19%. (This news item was generated with AI assistance.)

Huoxun Finance News, February 19th – ProShares, a leading global provider of exchange-traded funds (ETFs), announced the launch of the ProShares GENIUS Money Market ETF (IQMM). IQMM is the first money market ETF to meet the stringent requirements of the GENIUS Act, thus qualifying to invest in stablecoin reserves. The fund focuses on investing in short-term U.S. Treasury bonds, with a primary objective of capital preservation and stability.

Huoxun Finance News, February 19th - According to The Block, New York-based crypto investment firm DBA has raised $68 million for its second venture capital fund. This follows its initial $50 million fund raised in 2023. DBA was co-founded by Michael Jordan, former co-head of investment at Galaxy Digital, and Jon Charbonneau, a well-known Ethereum commentator. Its past investments include underlying infrastructure such as DoubleZero and Monad, stablecoin application Payy, ICO fundraising platform MetaDAO, and Bitcoin scaling solutions.

According to The CryptoBasic, the global cryptocurrency market has lost $2.02 trillion since October 2025, with Bitcoin accounting for $1.2 trillion of the total losses, or 59%. Despite Strategy facing $7.2 billion in unrealized losses due to the continued market crash, its chairman and Bitcoin's biggest bull, Michael Saylor, maintains an optimistic outlook on Bitcoin's future.

Huoxun Finance reported on February 19th that, according to CoinDesk, Bloomberg Intelligence analyst Mike McGlone had previously predicted a decline in Bitcoin prices, but faced criticism for his overly alarmist predictions and excessive risk for investors. McGlone subsequently raised his price target for Bitcoin from $10,000 to approximately $28,000. McGlone believes that $28,000 is a more likely level based on historical price distributions and maintains that his analysis demonstrates why investors should avoid Bitcoin and other risky assets.

Huoxun Finance News, February 19th - According to Cryptopolitan, Pump.fun's weekly token upgrade rate has increased to 1.15% of all tokens, the highest level since the summer of 2025. Pump.fun is again attempting to increase the speed of token creation and upgrades. The number of token upgrades has continued to rise in recent weeks, leading to increased transaction fees on Pump.Swap. Overall, the token upgrade rate averages 1.15% of the total newly issued tokens, marking the first time this metric has exceeded 1% in months. Historically, the token upgrade rate peaked at around 2%, before declining to around 0.5%, or approximately 80 tokens per day.

Huoxun Finance News, February 19th - According to Cointelegraph, Dash, a privacy-preserving Layer-1 blockchain protocol, announced the integration of Zcash's "Orchard" shielded pool into the DashEvolution chain, a second-level layer on the L1 network that supports smart contract functionality. The integration will go live after a cybersecurity audit and is expected to launch in March. Initially, the integration will support basic Zcash transfer functionality. The announcement states that transactions will be transferred from one party to another on the Evolution chain, and subsequent upgrades will add Orchard's privacy features to tokenized real-world assets (RWAs).

Huoxun Finance News, February 19th - Securitize has partnered with EulerFinance to integrate its DS protocol, enabling DS tokens to be used as collateral in screened, risk-isolated lending markets. The initial service will launch on Euler Select Markets, managed by KPK, where whitelisted investors can borrow digital assets using tokenized securities as collateral.

Huoxun Finance News, February 19th – The Ethereum Foundation (EF) announced the formation of the Ethereum Platform team, aiming to better support users, applications, and all organizations built on Ethereum through L1 and L2. Since the rollup-centric development roadmap was first proposed five years ago, the Ethereum L1 ecosystem has grown richer, resulting in multiple differentiated L2 chains with unique economic models. The new team will focus on providing a unified platform that fully leverages the unique capabilities of the Ethereum system (L1+L2), including enhancing the value proposition of L2, driving widespread L2 adoption, and aligning value between L2 and Ethereum. The Platform team will assess the successes and shortcomings of Ethereum as a whole, proactively evaluate necessary improvements, and focus on the challenges in building a robust system. The team's focus includes protocol development, technical integration with developers and institutions, and overall strategy tracking to ensure a robust feedback mechanism between L1 and L2.

According to Huoxun Finance on February 19th, crypto journalist Eleanor Terrett reported that the third meeting on stablecoin yields is scheduled for 9:00 AM Eastern Time today at the White House, with a small number of representatives from the crypto and banking industries expected to attend. Attendees are reportedly including Paul Grewal of Coinbase, Stuart Alderoty of Ripple, and Miles Jennings of a16z.

Huoxun Finance News, February 19th - According to The Block, Soil has launched the first RWA-compliant yield protocol on XRPLedger, with its initial $1 million liquidity pool fully raised within 72 hours. This launch adds yield functionality to Ripple's USD-pegged stablecoin RLUSD. Meanwhile, according to RWA.xyz, the value of tokenized real-world assets on XRPLedger has surpassed that of Solana.

Huoxun Finance reported on February 19th that Figure announced it will issue a tokenized version of its stock directly on the blockchain, bypassing traditional clearing systems. Stock token holders will be able to borrow and lend through Figure's DeFi market. This tokenized stock listing coincides with Figure's secondary public offering, which has expanded to $150 million. Venture capital firm Pantera Capital participated in the transaction.

Huoxun Finance reported on February 19th that the Chicago Mercantile Exchange Group (CME Group) will begin 24/7 trading of its regulated cryptocurrency futures and options on May 29th, pending regulatory approval. Trading will continue on the CME Group platform with only brief weekly maintenance. The company stated that this move comes at a time when demand for digital asset risk management is at an all-time high. A CME report projects that cryptocurrency nominal trading volume will reach $3 trillion by 2025. As of now, the average daily trading volume in 2026 is projected to increase by 46% year-over-year to 407,200 contracts, with futures daily trading volume increasing by 47% year-over-year.