🚀 Closure of Shanghainese Dining Chain Highlights China's Consumption Slump

A prominent Shanghainese dining chain in China has unexpectedly closed 10 of its outlets in Shanghai, reflecting the ongoing consumption downturn in the country. Bloomberg posted on X, noting that the closures have stirred discontent among patrons, occurring just days before the Lunar New Year celebrations. The sudden shutdown underscores the challenges faced by businesses amid China's economic slowdown, impacting consumer spending and business operations. The timing of the closures, coinciding with a major holiday period, has heightened public reaction and concern over the broader economic implications.

#ShanghaineseDining #ChinaConsumptionSlump #ShanghaiBusiness #EconomicSlowdown #ConsumerSpending #LunarNewYear #BusinessChallenges #ChinaEconomy

🚀 China Plans Special Activities to Boost Lunar New Year Spending

China's Vice Minister of Commerce, Sheng Qiuping, announced plans for the upcoming nine-day Lunar New Year holiday, focusing on boosting consumer spending through special activities and promotions. According to RTHK, the government, in collaboration with various departments, will offer 'New Year gift packages' and discounts in dining, accommodation, and shopping sectors. Additionally, local authorities are set to increase subsidies for trade-ins during the holiday, with a budget of 2.05 billion yuan allocated for consumer vouchers, subsidies, and red envelopes to benefit consumers.

Sheng highlighted that this year's holiday is the longest in history, providing an ideal opportunity for people to purchase New Year goods and travel. The initiatives are considered high-value policies aimed at stimulating holiday consumption. Prize invoice activities will be conducted in 50 pilot cities, with over 1 billion yuan in prizes available. Consumers in these cities who spend over 100 yuan can participate in a lottery, offering tangible benefits.

Sheng also extended an invitation to international tourists to visit during the Lunar New Year, promising improvements in payment environments, including bank cards, mobile payments, and cash. Over 10,000 tax-free stores will offer a variety of quality products, with foreign tourists enjoying an additional 10% discount on purchases.

Yang Mu, Director of the Department of Market Operation and Consumption Promotion, noted that the online New Year goods festival, which began last month, has seen various activities launched by e-commerce platforms and brands. As of the past Sunday, national online retail sales exceeded 989.7 billion yuan, with online dining and travel services growing by over 11% and 5%, respectively, fueling the New Year consumption trend.

#China #LunarNewYear #consumerSpending #promotions #giftPackages #discounts #subsidies #tradeIns #consumerVouchers #redEnvelopes #holidayConsumption #internationalTourists #taxFreeStores #onlineRetail #eCommerce #NewYearGoods #marketOperation #consumptionPromotion

🚀 Malaysia's Central Bank Plans Stablecoin and Tokenized Deposit Testing by 2026

Malaysia's central bank has announced plans to test stablecoins and tokenized deposits to assess their impact on monetary and financial stability. According to Foresight News, the testing aims to provide a basis for policy direction in these specific areas. The bank intends to offer clearer guidance on the use of ringgit stablecoins and tokenized deposits by the end of 2026.

#Malaysia #CentralBank #Stablecoin #TokenizedDeposit #FinancialStability #MonetaryPolicy #ForesightNews #Ringgit #PolicyDirection #Cryptocurrency

🚀 Goldman Sachs Adjusts Crypto Holdings Amid Market Downturn

Goldman Sachs has made significant changes to its cryptocurrency investment strategy during the fourth quarter of 2025. According to NS3.AI, the firm reduced its holdings in Bitcoin and Ethereum spot ETFs by 39.4% and 27.2%, respectively. This shift occurred as both Bitcoin and Ethereum experienced sharp price declines during the same period.

In contrast, Goldman Sachs initiated new substantial positions in XRP and Solana spot ETFs. This reallocation reflects a strategic adjustment in response to the notable market downturn affecting major cryptocurrencies.

#GoldmanSachs #crypto #Bitcoin #Ethereum #XRP #Solana #ETFs #cryptoinvestment #marketdownturn #BTC #SOL

🚀 Binance Futures to Introduce USD-Margined AZTECUSDT Perpetual Contract

Binance Futures is set to launch pre-market trading for the USD-margined AZTECUSDT perpetual contract on February 11, 2026. According to BWEnews, this new offering will be available on the Binance contract trading platform, providing traders with additional options for engaging in perpetual contracts. The introduction of the AZTECUSDT contract is part of Binance's ongoing efforts to expand its range of trading products and services.

#BinanceFutures #USDmargined #AZTECUSDT #perpetualcontract #cryptotrading #Binance #tradingplatform #BWEnews #cryptocurrency

🚀 Hong Kong Stocks Rise for Third Consecutive Day

Hong Kong's stock market experienced gains for the third consecutive day, with the Hang Seng Index initially dropping around 50 points before reversing to rise by over 140 points. According to RTHK, the index closed at midday at 27,299 points, marking an increase of 116 points or 0.4%. The main board's turnover exceeded HKD 118.6 billion.

The technology index rose by over 1%, reaching 5,510 points. Among the ATMXJ stocks, Xiaomi saw the largest increase, rising nearly 5%, while Tencent showed slight weakness. Automobile stocks performed well, with Li Auto and BYD shares increasing by more than 3%. Additionally, Techtronic Industries surged nearly 6%, making it the top-performing blue-chip stock for the half-day.

Pharmaceutical stocks showed mixed results, with WuXi Biologics rising over 3% as the company anticipates a 46% profit growth for the previous year. Semiconductor Manufacturing International Corporation (SMIC) faced selling pressure following its earnings report, dropping nearly 4% and becoming the worst-performing component of both the Hang Seng and technology indices.

Insurance stocks declined, with China Life Insurance falling close to 3% and Ping An Insurance dropping over 1%. Meanwhile, Leading Intelligent Equipment, a new energy smart equipment manufacturer, debuted on the market, trading over 0.4% higher than its initial public offering price at midday.

#HongKongStocks #HangSengIndex #ATMXJ #Xiaomi #Tencent #LiAuto #BYD #TechtronicIndustries #WuXiBiologics #SMIC #ChinaLifeInsurance #PingAnInsurance #LeadingIntelligentEquipment #NewEnergy #SmartEquipment #StockMarket

🚀 Bitcoin(BTC) Drops Below 68,000 USDT with a 2.81% Decrease in 24 Hours

On Feb 11, 2026, 04:24 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 68,000 USDT and is now trading at 67,751.953125 USDT, with a narrowed 2.81% decrease in 24 hours.

#Bitcoin #BTC #USDT #cryptocurrency #marketdrop #Binance #cryptomarket

🚀 India's Air Pollution Poses Threat to Corporate Profits

India's escalating air pollution is emerging as a significant threat to corporate profits, alongside its well-documented impact on public health. Bloomberg posted on X, highlighting that several companies have recently reported disruptions linked to pollution during the latest earnings season. These disruptions are adding to the challenges faced by businesses operating in the country, as they navigate the complex landscape of environmental and economic pressures. The situation underscores the growing need for effective measures to address air quality issues, which are increasingly affecting both the health of the population and the financial performance of companies.

#IndiaAirPollution #CorporateProfits #PublicHealth #EnvironmentalImpact #EarningsDisruptions #Bloomberg #AirQuality #EconomicPressures #BusinessChallenges #HealthAndProfit

🚀 BNB Drops Below 610 USDT with a 4.36% Decrease in 24 Hours

On Feb 11, 2026, 04:54 AM(UTC). According to Binance Market Data, BNB has dropped below 610 USDT and is now trading at 609.659973 USDT, with a narrowed 4.36% decrease in 24 hours.

#BNB #610USDT #4.36%Decrease #Binance #MarketData #Cryptocurrency #Feb11

🚀 Philippine Peso Strengthens Amid Stock Inflows and Central Bank Expectations

The Philippine peso has reached its highest level in nearly four months, driven by stock inflows and growing anticipation that the central bank is nearing the conclusion of its easing cycle. Bloomberg posted on X, highlighting the currency's recent performance as a reflection of investor confidence in the country's economic outlook. Analysts suggest that the peso's appreciation is supported by positive sentiment in the stock market and the belief that the central bank may soon halt its monetary easing measures. This development comes as the Philippines continues to navigate its economic recovery, with market participants closely monitoring the central bank's policy decisions.

#PhilippinePeso #StockInflows #CentralBank #CurrencyAppreciation #MonetaryEasing #EconomicRecovery #InvestorConfidence #PhilippinesEconomy

🚀 Japan's Financial Services Agency Proposes Cybersecurity Guidelines for Crypto Exchanges

Japan's Financial Services Agency has released a draft of cybersecurity guidelines aimed at strengthening the security of cryptocurrency exchanges. According to PANews, the draft is open for public comment until March 11. The proposal highlights the increasing complexity of cyberattacks targeting crypto exchanges, including social engineering and indirect attacks through outsourced service providers. It emphasizes that relying solely on cold wallets is insufficient for security, and calls for enhanced supply chain security management.

The draft also addresses state-sponsored attacks, underscoring the importance of asset protection from a national wealth preservation perspective.

The plan is built on three pillars: self-help, mutual assistance, and public assistance. From the fiscal year 2026, the self-help pillar will require the crypto exchange industry to conduct cybersecurity self-assessments and raise security standards. The mutual assistance pillar aims to strengthen the role of industry self-regulatory associations and encourage companies to participate in information-sharing organizations. The public assistance pillar will continue international joint research, with plans to involve the entire industry in cybersecurity exercises within three years and conduct real-world penetration tests on some operators by 2026.

#Japan #FinancialServicesAgency #Cybersecurity #CryptoExchanges #Cryptocurrency #Cyberattacks #SupplyChainSecurity #ColdWallets #StateSponsoredAttacks #AssetProtection #SelfHelp #MutualAssistance #PublicAssistance #InformationSharing #PenetrationTesting #InternationalCooperation

🚀 🔥 CZ Reflects on Early Career Journey From McDonald’s Worker to Tech Entrepreneur 🔥

Binance founder and former CEO, Changpeng Zhao (CZ), shared insights into his early life and career path in a podcast interview clip reposted on X.CZ revealed that one of his first jobs was at McDonald’s at around 14 years old. At the time, the minimum wage in British Columbia, Canada, was CAD 6 per hour. However, due to a special exemption policy, McDonald’s paid CAD 5.5 per hour.He began learning programming in high school. When choosing a university, CZ said he hesitated between the University of Waterloo and McGill University. Influenced by a friend’s mother, he initially chose to study biology at McGill but switched to computer science after one semester.During his university years, CZ avoided taking student loans by working summer and part-time jobs throughout the academic year. While he received limited financial support from his father and sister early on, he later became fully financially independent.In his twenties, CZ transitioned into business development, marking the beginning of his path toward entrepreneurship in the tech industry.

#CZ #Binance #ChangpengZhao #McDonalds #TechEntrepreneur #CareerJourney #Programming #University #McGill #UniversityofWaterloo #ComputerScience #BusinessDevelopment #Entrepreneurship #TechIndustry #BNB

🚀 On-Chain Options Market Reaches Record Trading Volume

The on-chain options market has experienced a significant surge in trading volume over the past two weeks, reaching an all-time high. According to ChainCatcher, the first week of February recorded $44 million in trading volume, following $28 million in the last week of January. Over 80% of this volume is concentrated in the Ithaca and Derive protocols, which handled $26 million and $11 million, respectively, last week. Overtime ranked third with a trading volume of $2 million.

The reasons behind this sharp increase in trading volume remain uncertain. Possible factors include the declining annualized yield on USDT loans on Aave, which has dropped to around 2%, reducing its attractiveness. Additionally, there is market anticipation for the upcoming launch of the HIP-4 market by Hyperliquid. Notably, a well-known DeFi trader, Route 2 Fi, recently commented on the X platform that the 2% annualized yield on USDT on Aave is no longer appealing, sparking widespread discussion within the community. This reflects a trend where some users are actively seeking alternative investment channels with higher returns.

#OnChainOptions #TradingVolume #IthacaProtocol #DeriveProtocol #Aave #USDT #DeFi #Hyperliquid #HIP4 #Route2Fi #Investment

🚀 🔥 CZ Shares Path to Success: Balancing Education, Part-Time Work, and Transition into Business Development 🔥

CZ shared in a recent episode of the All-In Podcast that one of his first jobs was working at McDonald's around the age of 14. He said the minimum wage in British Columbia, Canada, at that time was 6 Canadian dollars per hour, but McDonald's paid only 5.5 Canadian dollars per hour due to a special exemption clause. He started learning programming in high school. When choosing a university, he hesitated between the University of Waterloo and McGill University, and was influenced by a friend's mother to choose McGill to study biology. However, he switched to computer science after one semester. He avoided student loans by working part-time during summer vacations and the school year. He received some small support from his father and sister early on but later became completely self-sufficient. After his twenties, he transitioned into business development.

#CZ #PathToSuccess #Education #PartTimeWork #BusinessDevelopment #McDonalds #Programming #UniversityChoices #SelfSufficiency #BusinessTransition #AllInPodcast #McGillUniversity #UniversityOfWaterloo #StudentLoans #CareerJourney

🚀 Sam Bankman-Fried Seeks New Trial over FTX Fraud Charges

Sam Bankman-Fried (SBF), the convicted former CEO of FTX, is seeking a new trial. According to CoinDesk, his mother recently filed an application with a New York federal court, claiming that new evidence has emerged in the case and that the related fraud charges should be retried.Currently, SBF is advancing this application pro se. According to legal procedures, he must demonstrate the existence of significant new evidence that could affect the original verdict to have a chance at obtaining a new trial.SBF was previously sentenced to 25 years in prison for his role in the FTX collapse and has continued to challenge the judgment through appeals and other means. His past defense has emphasized that FTX was not completely insolvent at the time of its collapse. However, appellate court judges have pointed out that the core of the case lies in whether customer funds were misappropriated and investors were misled, not the company's solvency.U.S. President Trump recently stated that he would not consider granting SBF a pardon.

#SamBankmanFried #FTX #FraudCharges #NewTrial #Conviction #LegalProcedures #Appeal #SBF #FTXcollapse #Trump #Pardon #FTT

🚀 BNB Drops Below 600 USDT with a 5.88% Decrease in 24 Hours

On Feb 11, 2026, 06:13 AM(UTC). According to Binance Market Data, BNB has dropped below 600 USDT and is now trading at 599.349976 USDT, with a narrowed 5.88% decrease in 24 hours.

#BNB #600USDT #Binance #cryptocurrency #marketdrop #5.88percent #cryptonews

🚀 Bitcoin(BTC) Drops Below 67,000 USDT with a 3.42% Decrease in 24 Hours

On Feb 11, 2026, 06:13 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 67,000 USDT and is now trading at 66,975.8125 USDT, with a narrowed 3.42% decrease in 24 hours.

#Bitcoin #BTC #cryptocurrency #USDT #Binance #marketdata #pricechange #decrease

🚀 Ant Group Shifts Focus to AI-Driven Health Care for Growth

Ant Group, backed by Jack Ma, is pivoting towards AI-powered health care to drive its growth, following a shift in strategy after its initial public offering plans were disrupted roughly five years ago. Bloomberg posted on X, highlighting the company's new direction as it seeks to capitalize on the burgeoning health care sector. This strategic move marks a significant departure from its previous ambitions, as Ant Group aims to leverage artificial intelligence to innovate and expand within the health care industry. The company is focusing on developing technologies that can enhance medical services and improve patient outcomes, positioning itself as a key player in the intersection of technology and health care. This transition reflects a broader trend in the tech industry, where companies are increasingly exploring opportunities in health care to diversify their portfolios and tap into new revenue streams.

#AntGroup #AI #HealthCare #JackMa #ArtificialIntelligence #TechIndustry #MedicalInnovation #PatientOutcomes #HealthTech #BusinessStrategy

🚀 Korean Crypto Traders Shift Away from Risky Digital Assets

Korean cryptocurrency traders, known for their high-risk tolerance, are now moving away from the most volatile digital assets. Bloomberg posted on X, highlighting this shift in trading behavior. This change comes amid increasing global regulatory scrutiny and market volatility, prompting traders to reassess their strategies. The trend reflects a broader move towards more stable and less speculative investments in the cryptocurrency market. As traders adapt to the evolving landscape, the focus is shifting towards assets with perceived lower risk, aligning with global trends in digital asset trading.

#KoreanCryptoTraders #RiskyDigitalAssets #Cryptocurrency #MarketVolatility #GlobalRegulatoryScrutiny #StableAssets #SpeculativeInvestments #DigitalAssetTrading #TradingBehavior

🚀 Ashok Leyland Explores $200 Million Funding for Electric Mobility Unit

Ashok Leyland, a key player in the Hinduja family's conglomerate, is reportedly exploring options to raise approximately $200 million for its electric mobility services division. Bloomberg posted on X, citing sources familiar with the situation, that the company is in the early stages of discussions to secure funding. The move is part of Ashok Leyland's strategy to expand its presence in the electric vehicle sector, which is gaining momentum globally.

The potential fundraising effort underscores the company's commitment to advancing its electric mobility initiatives amid growing demand for sustainable transportation solutions. Ashok Leyland aims to leverage the funds to enhance its technological capabilities and expand its market reach.

The Hinduja Group, known for its diversified business interests, is actively pursuing opportunities in the electric vehicle market, reflecting a broader industry trend towards eco-friendly transportation options. As the electric vehicle sector continues to evolve, Ashok Leyland's strategic focus on electric mobility aligns with global efforts to reduce carbon emissions and promote sustainable practices.

While details of the fundraising plan remain under wraps, the company's initiative highlights the increasing importance of electric mobility in the automotive industry. Ashok Leyland's efforts to secure funding for its electric mobility unit demonstrate its proactive approach to addressing the challenges and opportunities presented by the transition to electric vehicles.

#AshokLeyland #electricmobility #funding #electricvehicles #sustainabletransportation #automotiveindustry #HindujaGroup #technologicaladvancements #eco-friendlytransport #carbonemissions

🚀 🔥 Franklin Templeton and Binance Launch Institutional Off-Exchange Collateral Program Using Tokenized MMF Shares 🔥

Binance and Franklin Templeton have launched their first product under a strategic collaboration announced in September 2025, unveiling an institutional off-exchange collateral program designed to reduce counterparty risk and improve capital efficiency for professional traders.The new program allows eligible institutional clients to use tokenized money market fund (MMF) shares issued through Franklin Templeton’s Benji Technology Platform as off-exchange collateral when trading on Binance. Custody and settlement are supported by Ceffu, Binance’s institutional-grade, crypto-native custody partner.Tokenized MMFs as trading collateralUnder the structure, Benji-issued MMF shares remain held off-exchange in third-party custody, while their value is mirrored within Binance’s trading environment. This enables institutions to deploy regulated, yield-bearing assets as collateral without transferring them onto an exchange.The model addresses a long-standing institutional constraint in digital asset markets, where traders have historically been required to post idle capital directly on exchanges. By keeping assets off-exchange, the program reduces counterparty exposure while allowing participants to continue earning yield on their collateral.Institutional demand for yield-bearing collateralBinance said the initiative reflects broader institutional trends, including growing demand for stable, yield-generating collateral that can support continuous, 24/7 trading and settlement while remaining compatible with existing governance, compliance, and risk management frameworks.The use of tokenized MMF shares also highlights increasing interest in real-world asset (RWA) tokenization as institutions seek to bridge traditional finance products with digital market infrastructure.Access and eligibilityEligible clients can access Binance’s institutional off-exchange settlement services and begin trading using Benji-issued MMF shares held in off-exchange custody. Binance said interested participants should contact their designated account managers or apply directly through the platform.

#Binance #FranklinTempleton #InstitutionalCollateral #TokenizedMMF #MoneyMarketFund #Ceffu #DigitalAssets #OffExchange #CollateralProgram #RWA #Tokenization #CapitalEfficiency #CounterpartyRisk #YieldBearingAssets #InstitutionalTrading #FinancialInnovation #BNB