Token | Trading Volume 【BTC】3.21 billion 【OP】36.69 million 【ORDI】1.80 million 【ATOM】6.83 million 【CHZ】4.12 million 【ARB】31.77 million 【APT】6.64 million 【OM】22.29 million 【ZAMA】42.18 million 【DASH】10.04 million

According to Huoxun Finance on February 20, Goldman Sachs analysis indicates that, overall, central bank gold purchases and increased gold exposure by private investors in response to the Federal Reserve's interest rate cuts will drive gold prices to slowly climb to $5,400 per ounce by the end of 2026.

Huoxun Finance reported on February 20th that Newity, a fintech company focused on facilitating small business lending, has raised $11 million in a strategic funding round as it explores moving these loans on-chain. CMT Digital, a subsidiary of trading and investment firm CMT Group, led the round, with other participants including private and institutional investors. This is Newity's first funding round, which began in late 2024 and will close in December 2025. The round uses a Simple Equity in the Future (SAFE) structure, but Newity's valuation and whether any investors have been granted board or advisory seats were not disclosed.

According to The Block, Mizuho Bank analysts Dan Dolev and Alexander Jenkins stated in a report on Wednesday that Gemini's stock price is currently near historical lows, but much of the recent volatility may already be priced in. While the departures of Gemini's COO, CFO, and CLO were disappointing, the stock price may have already reflected these negative factors. Mizuho Bank reiterated its "Outperform" rating and $26 price target for Gemini. Gemini's initial revenue range is $165 million to $175 million, slightly higher than Mizuho Bank's midpoint forecast of $168 million. Adjusted EBITDA was weaker than expected, at approximately -$257 million to -$267 million, compared to a previous forecast of -$224 million. Analysts believe that Gemini's recently announced cost-cutting measures, including a reduction of approximately 25% in its workforce and its exit from the UK, EU, and Australian markets, will help it achieve profitability. Mizuho Bank continues to value Gemini at 7 times its estimated 2027 revenue, maintaining its $26 price target. In an optimistic scenario, with strong monthly transaction user growth and a rapid recovery in profit margins, the stock price could approach the valuation multiple of its peers, with a target price of $43. In a pessimistic scenario, with slow user growth and a challenging operating environment, the target price is $8. Gemini's current stock price is approximately $5.90, down 43% in the past 30 days.

Huoxun Finance News, February 20th - According to the U.S. Department of Justice website, the United States Attorney's Office for the Eastern District of Texas announced that a Chinese man, Fei Liao, has been sentenced to federal prison for participating in the laundering of funds obtained through cryptocurrency investment scams. He pleaded guilty to conspiracy to commit money laundering and was sentenced to 40 months in prison by Federal District Judge J. Campbell Barker on February 19, 2026. Liao was also ordered to forfeit more than $2.3 million in seized funds and pay more than $2.8 million in restitution to victims. The case was announced by U.S. Attorney Jay R. Combs for the Eastern District of Texas, and investigated by the Taylor Division of the United States Secret Service, with Assistant U.S. Attorney Robert Austin Wells handling the prosecution. Court documents show that Liao and others used shell companies and bank accounts to assist in laundering funds obtained through cryptocurrency investment scams such as "pig butchering." These scams typically target victims through social media, dating platforms, or anonymous phone calls, establishing trust before enticing them to invest in cryptocurrency. After transferring funds to accounts controlled by the scammers, the fake platform displays high returns, enticing further investments. Ultimately, victims are unable to withdraw their funds and suffer significant losses. Law enforcement advises that if you encounter similar scams, you can report them to the Internet Crime Complaint Center (IC3), providing as much information as possible, including the investment platform's name, encrypted address, transaction hash, bank account information, and the suspect's contact information. It is also important to retain records of all communications and transfers with the scammers.