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TerraFlow’s TOF blind box has officially launched, marking the engineering implementation of “hashrate assetization.” The project tokenizes real-world computing power into tradable and composable on-chain NFT assets, transforming hashrate into independently priced and freely combinable productive digital assets. Each NFT corresponds to actual hashrate weight and participates in protocol revenue distribution, directly linking its value to network productivity. The system automatically allocates funds, injects liquidity, and executes deflationary burns through smart contracts, establishing an internally balanced economic model. Users can upgrade hashrate NFTs through a synthesis mechanism, enabling asset leaps and enhanced rights. TerraFlow aims to build a hashrate-based economic system rooted in real production relationships—rather than market sentiment—advancing Web3 from narrative-driven speculation to endogenous value creation.

The Middle East Becomes Bitcoin’s New Frontier: Bitcoin MENA 2025 Marks a Global Turning Point in Ab…
Abu Dhabi, December 8 — Bitcoin MENA 2025 officially opened today at the Abu Dhabi ADNEC Center, drawing more than 12,000 participants from global policy institutions, sovereign wealth funds, Bitcoin enterprises, developers, and academics. The conference is widely viewed as a critical milestone in Bitcoin’s global expansion, signaling that the Middle East is rapidly emerging as a strategic hub for digital assets.

U.S. “Digital Clarity” vs. EU “MiCA”: Competing Paths for a Global Digital Asset Constitution
The U.S. Digital Asset Market Clarity Act and the EU’s MiCA represent two distinct approaches to digital asset governance. The former releases innovation flexibility through the division between securities and commodities and regulatory competition, while the latter builds order through a unified legal code, risk prevention, and consumer protection. The contest between the two will reshape innovation hubs, compliance costs, technical architectures, and global rule export, determining the value orientation embedded in the next generation of financial infrastructure.
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On-chain data analytics provider CryptoQuant issued a fresh market analysis suggesting that Bitcoin (BTC) may already be transitioning into a bear market phase, driven by a notable decline in demand growth since early October 2025. According to the report, most incremental buying pressure that had supported BTC price during the cycle may have been absorbed, diminishing key demand drivers.
The firm highlighted that Bitcoin’s price has moved below its 365-day moving average, a critical long-term technical indicator often used to distinguish between bullish and bearish regimes. At the same time, U.S. spot Bitcoin ETFs, which were once strong net buyers, shifted to net selling in the fourth quarter of 2025, further reducing institutional demand.
In terms of price projections, CryptoQuant outlined that $70,000 could act as a near-term support level, with a potential move toward that area within the next three to six months if bearish momentum persists. Should the market fail to regain strength, analysts pointed to a deeper test near the realized price around $56,000 in the second half of 2026, historically aligned with past cycle bottoms.
Julio Moreno, head of research at CryptoQuant, emphasized that the evolving demand dynamics, ETF flows, and weakening derivatives metrics collectively point to a bearish shift, though he cautioned that renewed demand could alter the outlook.
Bitcoin continues to trade around key technical areas, with market participants debating whether this is a temporary correction or the start of a fresh bear phase. Regardless, the report underscores the importance of on-chain and macro indicators in assessing BTC’s market structure.

On-chain data analytics provider CryptoQuant issued a fresh market analysis suggesting that Bitcoin (BTC) may already be transitioning into a bear market phase, driven by a notable decline in demand growth since early October 2025. According to the report, most incremental buying pressure that had supported BTC price during the cycle may have been absorbed, diminishing key demand drivers.
The firm highlighted that Bitcoin’s price has moved below its 365-day moving average, a critical long-term technical indicator often used to distinguish between bullish and bearish regimes. At the same time, U.S. spot Bitcoin ETFs, which were once strong net buyers, shifted to net selling in the fourth quarter of 2025, further reducing institutional demand.
In terms of price projections, CryptoQuant outlined that $70,000 could act as a near-term support level, with a potential move toward that area within the next three to six months if bearish momentum persists. Should the market fail to regain strength, analysts pointed to a deeper test near the realized price around $56,000 in the second half of 2026, historically aligned with past cycle bottoms.
Julio Moreno, head of research at CryptoQuant, emphasized that the evolving demand dynamics, ETF flows, and weakening derivatives metrics collectively point to a bearish shift, though he cautioned that renewed demand could alter the outlook.
Bitcoin continues to trade around key technical areas, with market participants debating whether this is a temporary correction or the start of a fresh bear phase. Regardless, the report underscores the importance of on-chain and macro indicators in assessing BTC’s market structure.

TerraFlow TOF Blind Box Launches Globally on February 12, 2026: Tokenizing Computing Power as Web3 E…
TerraFlow’s TOF blind box has officially launched, marking the engineering implementation of “hashrate assetization.” The project tokenizes real-world computing power into tradable and composable on-chain NFT assets, transforming hashrate into independently priced and freely combinable productive digital assets. Each NFT corresponds to actual hashrate weight and participates in protocol revenue distribution, directly linking its value to network productivity. The system automatically allocates funds, injects liquidity, and executes deflationary burns through smart contracts, establishing an internally balanced economic model. Users can upgrade hashrate NFTs through a synthesis mechanism, enabling asset leaps and enhanced rights. TerraFlow aims to build a hashrate-based economic system rooted in real production relationships—rather than market sentiment—advancing Web3 from narrative-driven speculation to endogenous value creation.

The Middle East Becomes Bitcoin’s New Frontier: Bitcoin MENA 2025 Marks a Global Turning Point in Ab…
Abu Dhabi, December 8 — Bitcoin MENA 2025 officially opened today at the Abu Dhabi ADNEC Center, drawing more than 12,000 participants from global policy institutions, sovereign wealth funds, Bitcoin enterprises, developers, and academics. The conference is widely viewed as a critical milestone in Bitcoin’s global expansion, signaling that the Middle East is rapidly emerging as a strategic hub for digital assets.

U.S. “Digital Clarity” vs. EU “MiCA”: Competing Paths for a Global Digital Asset Constitution
The U.S. Digital Asset Market Clarity Act and the EU’s MiCA represent two distinct approaches to digital asset governance. The former releases innovation flexibility through the division between securities and commodities and regulatory competition, while the latter builds order through a unified legal code, risk prevention, and consumer protection. The contest between the two will reshape innovation hubs, compliance costs, technical architectures, and global rule export, determining the value orientation embedded in the next generation of financial infrastructure.
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