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According to the Wall Street Journal, energy analysts warn that if the Houthi armed group in Yemen resumes attacks on shipping in the Red Sea, the oil market could face even more severe turmoil. Renewed attacks could cut a significant amount of oil from global supply and drive up oil prices. Saudi Arabia has been transferring as much crude oil as possible from the Persian Gulf to its Red Sea port of Yanbu, with cargo primarily heading to Asia from there. Although this has not fully offset the amount of oil that cannot pass through the Strait of Hormuz, it has helped limit the rise in global oil prices.Analysts indicate that if Houthi attacks make it too dangerous for tankers to approach Yanbu, up to several million barrels of crude oil could be stranded in the Middle East each day. At that point, Saudi Arabia may be forced to cut production alongside Kuwait and Iraq.

As concerns over potential oil supply shocks eased, Bitcoin continued to rise on Tuesday, boosting global market risk appetite. The International Energy Agency (IEA) announced on Tuesday that it would hold an extraordinary meeting to discuss whether to release emergency oil reserves. WTI crude oil prices subsequently fell to $82, having surged to nearly $120 over the weekend, while the S&P 500 and Nasdaq 100 indices rose about 0.5% at midday.Crypto-related stocks also climbed: stablecoin issuer Circle (CRCL) rose 6%, with a two-week cumulative increase of nearly 100%; digital asset infrastructure company BitGo (BTGO) gained over 8%; and blockchain company Figure (FIGR) increased by 12%. After the announcement of Nigel Farage joining, UK Bitcoin treasury company Stack BTC (STAK) saw its stock rise over 200%. The correlation between Bitcoin and software stock ETF (IGV) is weakening, indicating that BTC may begin to exhibit a more independent trend during periods of macro uncertainty.

According to CCTV News, the second plenary session of the Fourth Session of the 14th National People's Congress was held today at the Great Hall of the People in Beijing, where Zhang Jun, President of the Supreme People's Court, delivered the work report of the Supreme People's Court.The report shows that in the past five years, 9,326 cases of crimes endangering cybersecurity were concluded, involving 22,000 people, an increase of 158.5% (in terms of case numbers) compared to the previous five years. The law has been used to punish crimes such as online rumors, online pyramid schemes, and online violence, promoting comprehensive governance of cybersecurity. Two young individuals maliciously "doxxed" others, illegally obtaining and disseminating personal privacy information, and were convicted and sentenced according to the law. Strict penalties have been imposed for crimes involving money laundering and illegal foreign exchange using virtual currencies, working together to prevent illegal cross-border capital transfers. It is clarified that drivers who activate assisted driving functions after drinking should still bear criminal responsibility, and technological applications must adhere to legal boundaries.

According to Reuters, the U.S. Department of Defense has announced the appointment of computer scientist Gavin Kliger as Chief Data Officer, who assisted billionaire Musk in pushing for reforms in the U.S. government last year.Gavin Kliger's new role "places him at the heart of the department's most ambitious artificial intelligence efforts," primarily responsible for "the daily coordination and execution of the department's AI projects, and working directly with the U.S. leading AI laboratories to support operational personnel."

Binance CEO He Yi retweeted JPMorgan CEO Jamie Dimon's view that "the market may have short-term corrections, but the trend is positive," and stated, "The future and the storm have arrived. The bigger the waves, the more valuable the fish?"According to his retweeted post, JPMorgan CEO Jamie Dimon stated in a television interview: Blockchain is real and becoming increasingly effective, and cryptocurrencies are better than the existing financial system! The "experimental" phase in the crypto space is over, and while the market may have short-term corrections, the trend is positive.

Binance leverage will add the TAO/USD1 full margin trading pair on February 25, 2026, at 16:00, and will add the ADA/U, DOGE/U, and PEPE/U full margin trading pairs on the same day at 18:00.

Binance will launch the ADA/U, DOGE/U, PEPE/U, and TAO/USD1 spot trading pairs on February 25, 2026, at 16:00, and will open trading bot services for these pairs.During the event, the ADA/U, DOGE/U, and PEPE/U spot and leveraged trading pairs will enjoy zero Maker fees, with the specific event period running from February 25, 2026, at 16:00 until further notice.

Vitalik Buterin posted on the X platform, stating that there is an important synergy between the FOCIL mechanism and the account abstraction proposal Ethereum's EIP-8141 (based on 7701). EIP-8141 elevates smart accounts (including multi-signature, quantum-resistant signatures, key changes, Gas sponsorship, etc.) to "first-class citizens," meaning that operations from these accounts can be directly packaged as on-chain transactions without additional encapsulation.At the same time, privacy protocols can achieve a multi-tenant account model through the paymaster or 2D nonce mechanism, thereby gaining the same level of native support. FOCIL provides a censorship-resistant fast transaction inclusion mechanism. With the combination of both, various transactions, including smart wallet transactions, Gas sponsorship transactions, and privacy protocol transactions, can be included in blocks by one of the 17 roles (proposers or inclusions) randomly selected for each time slot.Vitalik stated that this design can ensure that transactions are almost guaranteed to be completed on-chain within 1-2 time slots in adversarial environments. In the current version, each FOCIL volume is approximately 8kB, which is relatively small, but there is a path for future expansion that could support most transactions in a block entering through the FOCIL channel. This architecture is similar in characteristics to the multi-parallel proposer (MCP) design, but differs in that FOCIL does not control the "last look" related to MEV, which is still allocated through the ePBS auction mechanism.Vitalik emphasized that even if 100% of block time slots are monopolized by adversarial parties through the proposer-builder separation (PBS) mechanism, refusing to connect to the public mempool or discriminating against specific applications, FOCIL can still ensure that all transactions receive fast inclusion. Although this design does not eliminate the centralization risk of the proposer role, it significantly weakens its power. Under the EIP-8141 framework, transactions from smart wallets or privacy protocols can be directly received by FOCIL inclusions through the public mempool without additional intermediaries or encapsulation processes.Vitalik concluded that Ethereum is accelerating the advancement of core architecture upgrades.

According to The Block, Coinbase announced that it has added XRP, Dogecoin (DOGE), Cardano (ADA), and Litecoin (LTC) as collateral assets for its on-chain crypto collateralized lending product provided by the DeFi protocol Morpho. Eligible U.S. users (excluding New York State) can now borrow up to $100,000 USDC without having to sell the aforementioned tokens.Previously, the product supported Bitcoin and Ethereum as collateral, with Bitcoin allowing a maximum loan of $5 million USDC and Ethereum allowing a maximum loan of $1 million USDC.Coinbase stated that the on-chain lending service operates on the Morpho protocol on the Base network, and to date, the total loan issuance has exceeded $1.9 billion. The company charges a one-time borrowing fee, which is included in the loan principal.

Liquid Capital (formerly LD Capital) founder Yi Lihua shared a photo with the Chief Information Officer and Chief Development Officer of Ethereum's second-largest crypto treasury (DAT) company SharpLink, stating, "Continuing to build for Ethereum, together with SharpLink, stay confident and keep up the hard work."

According to Arkham data, at 04:51, 109 million DOGE (worth approximately 10.84 million USD) was transferred from an anonymous address (starting with DGyy29s...) to Robinhood.

Ethereum co-founder Vitalik Buterin recently stated that the initial idea of using L2 as the main scaling engine for Ethereum is no longer reasonable, and he called for second-layer networks to evolve towards stronger specialization. This statement quickly prompted responses from mainstream L2 teams such as Arbitrum, Optimism, and Base.Vitalik pointed out that many L2s still rely on multi-signature bridges and have not fully inherited Ethereum's security; at the same time, with the increase in gas limits and the advancement of native Rollup solutions, the throughput capacity of the Ethereum mainnet itself is strengthening. Against this backdrop, the positioning of L2 needs to be rethought.Karl Floersch, co-founder of the Optimism Foundation, stated that he supports building a modular L2 that covers the entire decentralized spectrum, but also admitted that there are still real challenges such as long withdrawal periods, immature Stage 2 proof mechanisms, and insufficient cross-chain tools.Steven Goldfeder, co-founder of Offchain Labs, the developer of Arbitrum, emphasized that scaling remains the core value of L2. He believes that even if the Ethereum mainnet's capabilities improve, it will be difficult to replace L2's role in handling thousands of TPS during peak times, and warned that if Ethereum is unfriendly to Rollups, institutions may choose independent Layer 1s instead.Jesse Pollak, head of Base, stated that scaling Ethereum L1 is beneficial for the entire ecosystem, while agreeing that L2 cannot just be a cheaper version of Ethereum. He pointed out that Base is forming its own characteristics through application layer differentiation, account abstraction, and privacy features.Additionally, StarkWare CEO Eli Ben-Sasson hinted on social media that ZK-native L2s (such as Starknet) have, to some extent, aligned with the specialization direction proposed by Vitalik. Overall, L2 builders generally accept the trend of de-homogenization and repositioning, but there are still divergences on whether scaling remains a core mission.

According to Cointelegraph, after Ethereum co-founder Vitalik Buterin commented that "the original vision of Layer 2 as the primary scaling engine is no longer applicable," several L2 builders responded, generally agreeing that Rollup needs to move beyond the positioning of "a cheaper Ethereum," but there are disagreements on whether scaling should still be its core role.Optimism co-founder Karl Floersch welcomed the challenge of building a modular L2 stack that supports "full-spectrum decentralization," while acknowledging that there are still major obstacles such as long withdrawal periods, second-stage proofs not being production-ready, and insufficient cross-chain application tools. He supports the native Rollup precompiled solutions emphasized by Buterin.Steven Goldfeder, co-founder of Arbitrum developer Offchain Labs, took a firmer stance, arguing that although the Rollup model has evolved, scaling remains the core value of L2. He pointed out that Arbitrum was not built as "a service of Ethereum," but because Ethereum provides a highly secure and low-cost settlement layer, making large-scale Rollups possible. He warned that if Ethereum is seen as hostile to Rollups, institutions might choose to launch independent Layer 1 chains instead of deploying on Ethereum.Base head Jesse Pollak stated that scaling Ethereum L1 is "a victory for the entire ecosystem," agreeing that L2 cannot just be "a cheaper Ethereum." He mentioned that Base is differentiating itself through applications, account abstraction, and privacy features, and is working towards decentralization in the second stage.StarkWare CEO Eli Ben-Sasson hinted that some ZK-native L2s (like Starknet) believe they already fit the specialized role described by Buterin. The entire Ethereum ecosystem is facing a roadmap adjustment: the base layer aims to enhance its capabilities, while L2 is repositioning itself as a dedicated environment serving different technical needs.

A netizen on the social platform X dug up an old tweet from Musk in 2021 saying, "SpaceX will send a real Dogecoin to the real moon," and tagged Musk asking, "When?" Musk responded, "Maybe next year."

According to Whale Alert monitoring, 250 million DOGE (worth $26,292,693) were transferred from an unknown wallet to Binance.

According to the official announcement, the Gate Perp DEX will officially launch a weekend trading check-in event from January 23, 23:00 to January 25, 23:59 (UTC+8). This session is the first DOGE special event, with a total prize pool of 20,000 USDT. During the event, users who participate in DOGE/USDT perpetual contract trading and meet the specified conditions will have the chance to receive USDT rewards. The spots are limited and will be awarded on a first-come, first-served basis.This event includes two major prize pools:Users who complete at least 2 DOGE/USDT perpetual contract transactions during the event period, with a total transaction amount of no less than 5,000 USDT, will receive a reward. This is limited to the first 300 participants, and each address can only claim once;Users can invite new users who have not completed perpetual contract trading on Gate Perp DEX to participate. If the invited user completes DOGE/USDT perpetual contract trading on the day of the event, and meets the criteria of at least 1 transaction with a single transaction amount of no less than 100 USDT, it will be considered a valid invitation. This is limited to the first 250 successful invitations.

According to Decrypt, the 21Shares spot DOGE ETF, supported by the Dogecoin Foundation, was listed on Nasdaq today under the trading code TDOG.This product is the first spot Dogecoin ETF in the U.S. to receive official approval from the SEC, allowing retail and institutional investors to access Dogecoin through traditional brokerage accounts. The president of 21Shares stated that the main target customers for this ETF are young, affluent mainstream investors. This is the third spot DOGE ETF to enter the U.S. market, following the products launched by Bitwise and Grayscale.