reduction

The World official blog announced that the unlocking rate of the WLD token will be automatically reduced by approximately 43% starting from July 24, 2026. Currently, 4.9 billion WLD (49% of the total supply) has been unlocked, of which about 3.3 billion is in circulation.Specifically, the unlocking rate for the World community will decrease from 3.2 million per day to 1.6 million, a reduction of 50%; the unlocking rate for the team and investors will decrease from 1.9 million per day to 1.3 million, a reduction of 32%. The overall unlocking amount will decrease from approximately 5.1 million per day to about 2.9 million.WLD adopts a continuous linear unlocking mechanism, with no one-time large unlocks (cliff). This rate adjustment is due to established on-chain contract arrangements and aims to gradually reduce selling pressure.

According to CoinDesk, Flare has announced a governance proposal to capture Maximum Extractable Value (MEV) at the protocol layer, with a newly established entity, FIRE, responsible for revenue reinvestment and the buyback and burn of FLR tokens.The proposal includes a three-phase block construction overhaul: first, block builders will be designated by the Flare Entity, then Flare Confidential Compute will be introduced for public auditing, and finally, builders will be merged with proposers, with original validators transitioning to a verification role. The proposal also reduces the annual inflation rate of FLR from 5% to 3%, lowers the annual hard cap from 5 billion to 3 billion tokens, raises the base gas fee to 1,200 gwei, and is expected to increase the annual burn amount to 300 million tokens. These measures aim to optimize the network's economic model and enhance the protocol's transparency and security.

According to statistics from DeFi analysts, affected by the bear market, 21 cryptocurrency projects have recently announced closures or significant reductions in services, covering the fields of DeFi, NFT, wallets, and gaming.Among them, Leap Wallet will completely shut down all products on May 28, and users need to migrate their assets to Keplr or MetaMask as soon as possible. Magic Eden has decided to close ME Wallet and focus on the NFT market and infrastructure on Solana, with the wallet ceasing operations on May 1. Fantasy Top plans to take non-core functions offline in mid-June to concentrate resources on prediction market games.In the DeFi sector, Angle Protocol has stopped its stablecoin business due to reduced activity and increased competition, while ZeroLend and Polynomial Finance have scaled back services due to insufficient liquidity and low trading volume. The NFT platforms Nifty Gateway and Sound.xyz have closed some operations due to market changes and strategic adjustments.In addition, gaming projects like Runiverse and Pixiland Social have paused blockchain-related operations due to high development costs and regulatory uncertainties, while projects like Dmail, Yupp AI, and DataHaven have been forced to exit due to funding issues or market changes.Analysts believe that this industry reshuffle is a necessary reconfiguration of the market, and Web3 projects that prioritize actual utility and sustainable economic models will be more competitive in the future.

Crypto.com CEO Kris Marszalek disclosed on social media that Crypto.com is officially advancing enterprise-level artificial intelligence (AI) integration across the company and simultaneously reducing approximately 12% of its positions. Affected employees have been notified, and the company will provide them with appropriate transitional support resources.Kris Marszalek stated that this strategic adjustment aims to combine the best AI tools with high-performing talent to achieve levels of scalability and precision that were previously unattainable. The positions being cut are primarily functional roles that are deemed unable to adapt to the new business model.

The fourth session of the 14th National People's Congress held an economic-themed press conference on March 6 at 3 PM. The Governor of the Central Bank, Pan Gongsheng, stated at the press conference that this year various monetary policy tools such as reserve requirement ratio cuts and interest rate reductions will be used flexibly and efficiently.

According to Jinshi, Federal Reserve official Hamak stated that the balance sheet reduction process needs to be gradual to ensure market stability.

Hyperbot data shows that as ETH drops below 1950 USDT, approaching the liquidation price of Brother Ma Ji, Brother Ma Ji has reduced his long position by 450 ETH in the last 10 minutes, with the current liquidation price at 1939 USD.His ETH long position is valued at 3.32 million USD, with an unrealized loss of 135,700 USD.

According to Jinshi News, Kevin Walsh's plan to reduce the Federal Reserve's balance sheet will only progress slowly. Walsh pointed out that the Federal Reserve's nearly $7 trillion balance sheet has overstepped into the realm of congressional authority and believes that large-scale bond purchases have distorted financial markets.Informed sources revealed that Walsh will only begin to adjust the balance sheet after consulting with banks and the public, and it is unlikely that the scale will be restored to pre-2008 financial crisis levels.

According to Bloomberg ETF analyst James Seyffart, 13F filing institutions have collectively reduced their holdings in Ethereum spot ETFs, with hedge funds concentrating their selling due to the collapse of basis trade returns; traditional/long-term funds are increasing their positions against the trend, with Harvard's endowment fund being the largest new buyer this season.

FG Nexus sold another 7,550 ETH today, worth approximately $14.06 million. In August and September 2025, the company purchased 50,770 ETH at an average price of about $3,860, totaling approximately $196 million. On October 22, 2025, FG Nexus also announced plans to sell its real estate assets to increase its ETH holdings. However, less than a month later, the company began to reduce its ETH holdings, selling 21,025 ETH at an average price of about $2,649, cashing out approximately $55.7 million. Currently, it still holds 30,094 ETH (approximately $57.5 million), with an overall paper loss of about $82.8 million.

The Ethereum treasury company FG Nexus reduced its holdings by 7,550 ETH (worth approximately $14.06 million) 8 hours ago. Data shows that FG Nexus ($FGNX) has incurred a cumulative loss of $86.98 million from investing in ETH. The company purchased 50,600 ETH during the DAT company boom in August-September 2025, with an average price of approximately $3,940, totaling a value of $200 million.Since the decline in ETH prices in November 2025, FG Nexus has begun to reduce its holdings, having now cumulatively sold 21,000 ETH (worth $55.69 million) at an average selling price of $2,649.

QCP Group released the latest analysis indicating that Bitcoin fell below $65,000 in the early morning session today, triggering approximately $230 million in long liquidations. The market is under pressure as it digests a new round of tariff risks and broader geopolitical uncertainties. President Trump’s move to raise global tariffs from 10% to 15% further exacerbates the cooling of macro risk appetite.With Bitcoin prices still significantly below the average mining cost, pressure on mining companies is evident, prioritizing liquidity over hoarding strategies. Bitdeer has liquidated its Bitcoin reserves, becoming the latest signal of miners de-risking and partially shifting towards the AI sector. However, the market is not entirely bearish; this round of liquidations has been noticeably milder compared to earlier this year, with the market's reaction to news being more restrained.Although the options market is still pricing in downside risks, indicating a cleaner position structure, ETF fund flows resemble basis trade liquidations rather than a complete withdrawal, reflecting an adjustment in the funding structure rather than a total exit from the market.

According to official news, BitRing announced the launch of a price reduction strategy. Its pure gold ring is priced at 498, comparable to the standard Oura4 ceramic version; the Mosang diamond version is priced one dollar lower than the Oura4.This strategy aims to attract users with a non-profitable main product and expand market share.

According to The Block, the latest disclosed documents show that Ark Invest, led by Cathie Wood, purchased 41,453 shares of Coinbase (COIN) stock on Tuesday, totaling approximately $6.9 million, reversing a trend of selling earlier this month.Specifically, three ETFs under Ark made the following purchases:ARKK bought 29,689 shares (approximately $4.9 million);ARKW bought 7,525 shares (approximately $1.2 million);ARKF bought 4,239 shares (approximately $704,000).Previously, from February 5 to 6, Ark had sold a total of 119,236 shares of Coinbase stock, valued at approximately $17.4 million, during a general pullback in crypto-related stocks. During this period, Ark reallocated some funds to the crypto trading platform Bullish and increased its position for more than ten consecutive trading days.According to the disclosures, as of February 18, Coinbase was the seventh largest holding in ARKK and ARKW, with weights of 4% and 3.7%, respectively; it was also the third largest holding in ARKF, with a weight of 5.6%.On the fundamentals, Coinbase's revenue for the fourth quarter of 2025 is projected to be $1.8 billion, a decrease of 5% quarter-over-quarter, with a net loss of $667 million, primarily due to an unrealized loss of $718 million from its crypto asset portfolio and a strategic investment loss of $395 million.In terms of stock price, Coinbase closed up 1% on Tuesday at $166.02, with a cumulative increase of 8.4% over the past five trading days, but it is still down 28% year-to-date, having retraced about 56% from its historical peak.

According to Cointelegraph, ARK Invest has disclosed that it has increased its holdings in Coinbase stock, purchasing approximately 93,000 shares, valued at about $15.2 million, through three ETFs: ARKK, ARKW, and ARKF.In the previous days, ARK had reduced its holdings in Coinbase stock by over $39 million in total. Driven by a market rebound, Coinbase's stock price rose about 16% to $164.32 on that day. Coinbase previously reported a net loss of $667 million for the fourth quarter of 2025, ending eight consecutive quarters of profit.

Coinbase CEO Brian Armstrong posted on the X platform that if the cryptocurrency rewards ban becomes law, it would benefit the company more due to the large rewards Coinbase pays to USDC holders. However, he does not wish for this to happen, as rewarding users is more beneficial for customers, and maintaining the competitiveness of regulated stablecoins on the global stage is more advantageous for the United States.

According to Globenewswire, Exodus Movement released its digital asset holdings as of January 31, 2026:Bitcoin holdings decreased to 1,694 BTC, down by 10 BTC from 1,704 BTC at the end of last December;Ethereum holdings decreased to 1,887 ETH, down by 11 ETH from 1,898 ETH at the end of last December;SOL holdings increased to 13,807 SOL, up by 1,334 SOL from 12,473 SOL at the end of last December.

Goldman Sachs' 13F filing with the U.S. Securities and Exchange Commission shows that as of December 31, 2025, the firm held a total of 21.2 million shares of various Bitcoin spot ETFs, valued at approximately $1.06 billion, a decrease of 39.4% from the third quarter.At the same time, the firm held about 40.7 million shares of Ethereum spot ETFs, worth approximately $1 billion, with a quarter-over-quarter decrease of 27.2%.Additionally, Goldman Sachs added positions in XRP and Solana spot ETFs in the fourth quarter. By the end of last year, the firm held $152.2 million in XRP spot ETFs and $108.9 million in Solana spot ETFs.The cryptocurrency market experienced an overall decline in the fourth quarter of last year, with Bitcoin prices dropping from $114,000 at the end of September to about $88,400 by year-end, while Ethereum prices fell from $4,140 to $2,970.

During the Asian trading session, U.S. Treasury yields fell slightly across the board, driven by expectations related to the nomination of Kevin Warsh as the Federal Reserve Chairman. Erik Liem, an analyst at Deutsche Bank, noted in a report that Trump's nomination of Kevin Warsh has strengthened a market expectation that the Federal Reserve may not rely as heavily on balance sheet measures in the future as it has in the past.Meanwhile, the U.S. Treasury's decision to maintain stable auction sizes aligns with market expectations, although officials stated that they are still assessing the possibility of increasing the auction sizes for bills, bonds, and floating rate notes in the future.

According to Jin Shi reports, Morgan Stanley stated in a report that under the leadership of Powell, any substantial changes are more likely to gradually manifest through balance sheet policy rather than interest rates. Reducing the size of the Federal Reserve's balance sheet means lowering banks' demand for reserves, a process that takes time and also requires adjustments to the regulatory framework.Morgan Stanley added that a Federal Reserve with a smaller "presence" should drive the yield curve to steepen.