News

BlockBeats News, February 10, according to Onchain Lens monitoring, a new address deposited $1.98 million into HyperLiquid, went 20x long on ETH, with an average entry price of $2068.

According to Odaily, the Bank Policy Institute, Clearing House Association, and Financial Services Forum have officially submitted a joint comment letter opposing direct access to the Federal Reserve payment system for crypto and fintech companies. The banking groups are requesting a 12-month observation period before relevant companies meet eligibility requirements, and are urging the Federal Reserve to deny access to regulated stablecoin issuers until they can demonstrate safe operations. Additionally, the banking industry has expressed concerns about the "streamlined account" proposal, believing it lacks safeguards against run risks posed by new types of companies. Currently, companies such as Circle Internet Group Inc. and Stripe Inc. are seeking to bypass partner banks through this proposal. Previously, President Trump signed the Genius Act in July 2025, but the regulatory framework for stablecoin operators has yet to be finalized.

Glonghui, February 10｜Although market share growth remains a key driver for short-term growth, the lack of clear direction for new products may become a growth challenge after fiscal year 2029.