Billionaire Grant Cardone to List His Mansion for Sale for 700 Bitcoins

On February 9th, per monitoring from HyperInsight, "Big Brother Whale" trader Huang Licheng liquidated his HYPE long position and increased his ETH long position to 4,600 coins—valued at $9.46 million—with an average entry price of $2,068.6 and a liquidation price of $2,023.5.

February 9: Spot gold has risen 1.2% to $5,029.09 per ounce, following a nearly 4% surge last Friday. Spot silver is up 4.3% to $81.10 per ounce, after a 10% gain in the previous trading session. The U.S. dollar index has dropped to its lowest level since February 4, making dollar-denominated precious metals more attractive to overseas buyers. U.S. Treasury Secretary Janet Yellen said Sunday that even with Kevin Warsh as Federal Reserve Chair nominee, she does not expect the Fed to shrink its balance sheet quickly. San Francisco Fed President Mary Daly noted last Friday that another rate cut may still be needed amid a weakening labor market. Investors are awaiting the January U.S. non-farm payrolls report to gain further clarity on the Fed’s monetary policy path.

On February 9th, Mechanism Capital co-founder Andrew Kang posted: “We’re in one of the most extreme asymmetric moments in history. The only sound strategy right now is to extend your time horizon and abandon short-termism entirely. Obsessing over a bubble is foolish—so is trying to time the market. Short-term volatility and corrections are inevitable, but when we’re this close to the singularity, they’re just noise. We’re on the cusp of exponential breakthroughs in AI, robotics, energy, and innovation. The future will bring billions of AI agent workers, humanoid robots, space data centers, interplanetary colonization, and drastically improved medical therapies—all fundamentally accelerating the pace and output of technological progress across fields over the next decade. Over the next 20 years, we’ll compress more technological advancement and economic growth than all of human civilization’s history combined.” We’re already on the steep part of the J-curve, but it’s hard to sp

On February 9, per LookOnChain monitoring data, a freshly created wallet acquired 47.6 million WLFI at an average price of $0.109. The wallet also holds 4.83 million USDC and may continue buying.

On February 9, Cointelegraph reports that Tether has allocated profits from its stablecoin operations to 140 investments spanning sectors including agriculture and sports, and aims to grow its workforce to 450 employees.

February 9: A operational mistake at cryptocurrency exchange Bithumb caused an erroneous reward distribution to 249 users. The platform incorrectly entered 620,000 Korean won as 620,000 bitcoins, mistakenly sending out crypto worth 600 trillion Korean won. While 99.7% of the assets have been recovered, 125 bitcoins remain unreturned—valued at roughly 13 billion Korean won. Over 80 people have cashed out the mistakenly received bitcoins: about 3 billion Korean won went to personal bank accounts, and another 10 billion won was used to buy other cryptos. Bithumb is now reaching out to affected users to request the funds back. For users hit by market swings, Bithumb plans to fully cover any price differences from selling, plus an extra 10% compensation, and waive one week of transaction fees.