ZKC (Boundless) 24-hour increase of 20.43%

Tonight, Circle and NVIDIA will release their earnings reports. Will AI narratives once again "support" the crypto market? This becomes the focus.

The issuer of the US dollar stablecoin USDC, Circle, and NVIDIA will release their earnings reports on February 25th before the market opens and after the market closes, respectively. The market is watching how their performance will impact risk assets. NVIDIA's stock price has been stagnant amid fluctuations, and Wall Street is concerned about the short-term pressure behind the earnings report. Investors are assessing the relationship between AI, semiconductors, and stablecoins, and are looking forward to the market reaction to the earnings reports.

Pi Open Network One Year Anniversary: Founders Emphasize Practicality and KYC Ecosystem, Mainnet Migration Surpasses 16.2 Million

On February 25, Pi Network celebrated the one-year anniversary of its open network launch by releasing a new video message from founder Chengdiao Fan, reaffirming the development path of "practicality first." She stated that Pi is different from projects driven by ICOs or short-term speculation, instead focusing on long-term value through mobile mining, real identity verification, and local business applications, with the goal of promoting practical daily payments and application scenarios. Official data shows that approximately 16.2 million users have completed mainnet migration, and about 17.7 million have completed KYC verification; the total number of active nodes on the network exceeds 421,000, with over 9 billion Pi transferred into mainnet wallets. On the ecological level, hundreds of applications are already online, with around 148,000 merchants registered on the Pi Map e-commerce platform, emphasizing the parallel promotion of user participation and commercial activities, rather than just mining growth.

Trump's State of the Union address did not mention Bitcoin and cryptocurrencies, and the market's expectations were disappointed, causing intense price volatility.

February 25 News, U.S. President Trump did not mention Bitcoin, blockchain, or cryptocurrency policies in his important policy speech (State of the Union Address) in February 2026, sparking significant attention in the crypto market. Previously, most investors expected Trump to signal regulation of digital assets, financial innovation, or the development of the crypto industry. Therefore, his "avoidance of mentioning cryptocurrencies" quickly became a key variable for traders interpreting macro sentiment. From the content of the speech, Trump mainly focused on economic growth, employment, border security, and national security issues, without touching on any policy directions related to digital assets. This silence surprised some supporters of the crypto industry. Over the past two years, Trump has expressed a positive attitude toward Bitcoin and digital finance multiple times and supported crypto-related projects, leading the market to view him as a potential "crypto-friendly" politician.

Jane Street faces insider trading allegations, raising suspicions behind the crypto crash

Jane Street faces allegations from Terraform Labs, claiming it profited by using non-public information to close positions early before the 2022 UST collapse. Jane Street denies the allegations, asserting that the trades were part of normal market-making activities. This case could impact the legal definition of insider trading within the cryptocurrency market. As a major crypto market maker, Jane Street's trading activities are often scrutinized during significant market events, but it has not yet been found legally liable by regulatory authorities.

Trump DeFi project was hacked, and short sellers targeted it! The stablecoin USD 1 briefly dropped to $0.9942.

The USD stablecoin USD1 of the cryptocurrency project World Liberty Financial supported by the Trump family was subjected to an organized attack on . The price once dropped to $0.9942. The attackers hacked into multiple founders' accounts and spread rumors, attempting to profit from it. However, officials emphasized that the stability mechanism and asset reserves of USD1 remain intact, and the coin price has stabilized back to the $1 level. This incident highlights the security and market trustworthiness of the currency.

Tron Inc. increased holdings by 177,493 TRX, with total holdings exceeding 683.5 million tokens

Odaily Planet Daily reports that Tron Inc. (NASDAQ: TRON) announced on the X platform that the company purchased 177,493 TRX today at an average price of $0.28, increasing its total TRX treasury holdings to over 683.5 million. Tron Inc. stated that it plans to continue increasing its Tron DAT holdings in the future. The company also disclosed that the on-chain TRX treasury wallet address can be checked for balance changes on the blockchain explorer.