Friend3

BNB Chain has introduced the ERC-8004 standard, establishing on-chain digital identities for AI agents. This development addresses the limitation of AI tools that previously operated in isolation without persistent memory or identity. **Key features of ERC-8004:** - Persistent on-chain "passports" that maintain AI agent identity across sessions - Portable reputation and interaction history that follows agents throughout the ecosystem - Utilizes BNB Chain's low transaction fees to support high-frequency automated interactions The standard enables AI agents to build verifiable reputation through on-chain validations and community feedback. All agent performance data remains transparent and discoverable across the network, eliminating the need for centralized platforms to verify trustworthiness. This infrastructure creates the foundation for an autonomous agent economy where AI can operate independently with established identity and reputation. Users can explore and interact with AI agents through [8004scan.io](http://8004scan.io).

**Severe winter storms in the U.S. caused Bitcoin's hashrate to plummet 40-60%** as industrial miners powered down operations to help stabilize the energy grid during peak demand. **Key developments:** - Over 182,000 traders faced forced liquidations, erasing $1.08 billion in 24 hours - Kevin Warsh's nomination as Fed Chair strengthened the USD and pressured digital assets lower - Bitcoin dropped to $75,000 before recovering to high-70k range - ETH fell below $2,900 support level - Fear & Greed Index hit 24 (Extreme Fear), matching FTX collapse levels **Market context:** - U.S. spot Bitcoin ETFs recorded $1.72B in net outflows over 5 days - Institutional capital rotating to gold, which reached record highs above $5,000 - Total crypto market cap declined roughly 67% by late January The combination of infrastructure stress, macro headwinds, and energy grid constraints created a perfect storm for crypto markets. Despite extreme fear readings, historical patterns suggest such conditions often precede strong rebounds.

**Regulatory developments moved on two fronts this week:** - The SEC released guidance on January 28 establishing a framework for recording financial instruments on-chain, marking a significant step for tokenized securities - OFAC designated Iranian-linked crypto exchanges for the first time, expanding sanctions enforcement into digital assets - Asian money laundering networks were identified as responsible for 20% of illicit crypto activity These actions represent a dual approach: creating pathways for legitimate tokenized finance while simultaneously targeting illicit actors in the crypto ecosystem.

Industry leaders convened in Dubai (Jan 29 - Feb 3) for the Satoshi Roundtable to address critical blockchain infrastructure topics: **Key Discussion Areas:** - Post-quantum cryptography implementation - Tokenization strategies - Institutional DeFi frameworks - Real-World Asset (RWA) adoption pathways **Regulatory Landscape:** Participants examined emerging regulatory frameworks from the US and EU, strategizing compliance approaches for the evolving legal environment. **Looking Ahead:** Attention now turns to ETHDenver (Feb 18), where Vitalik Buterin is anticipated to present on AI-driven blockchain privacy solutions and trustless humanity concepts. While market prices remained subdued during the event, builders maintained focus on technical advancement and institutional integration.

**Bitcoin faces sustained bearish pressure** as institutional capital shifts away from crypto: - **$1.72B ETF outflows** over 5 days signal major institutional retreat - **Gold surges past $5,000** record high as geopolitical tensions drive safe-haven rotation - **$86k-$87k support level** holding firm despite risk-off sentiment This follows earlier warning signs including $395M ETF outflows on Jan 16 and $800M in liquidations. Bitcoin remains range-bound between $91k-$102k for 75+ days, with strong correlation to S&P 500 while weakening against gold. *Market watching closely whether BTC can maintain its digital gold narrative or continues behaving as a risk asset.*

**Bitcoin slides to $88.5k** (-30% from all-time high) as macro conditions deteriorate. **Key Drivers:** - Strong US jobs data (+228k) pushes December rate cut odds down to 40% - 10-year Treasury yields spike to 4.55% - **$742M in ETF outflows** over 3 days from major funds **Technical Picture:** - BTC correlation with Nasdaq hits 0.92 - trading like tech, not digital gold - RSI oversold at 35, showing bearish flag pattern - **Critical support: $80.4k-$82k** (50% fib level) - Break below opens door to $70k **What's Next:** Friday's PCE inflation data is the major catalyst. Cool numbers could revive rate cut narrative and trigger reversal. Hot numbers likely mean more pain. **Key Level to Watch:** Must reclaim $92.5k to signal potential move back to $100k. Markets remain risk-off as Fed officials signal "no rush" to cut rates.

Friend3 announces strategic partnership with GPUAI to advance decentralized AI computing solutions. The collaboration focuses on three key areas: - Real-time GPU access through decentralized networks - AI-driven optimization for workload performance - Scalable computing solutions without hardware constraints The partnership aims to make AI computing more accessible and cost-effective through blockchain technology. This follows Friend3's recent collaboration with Renta Network in the Web3 rental economy space. *For more information:* [Join Friend3 Community](http://t.me/friend3fam)

Friend3 announces strategic partnership with Voltix AI, a DePIN project built on Solana blockchain. The collaboration aims to address global CPU shortage through innovative redistribution of unused computational resources. Key points: - Voltix AI operates as a decentralized physical infrastructure network - Platform focuses on optimizing idle computational power - Partnership follows Friend3's earlier collaboration with PowerAI - Initiative supports broader decentralized computing ecosystem Join the community discussion: [Friend3 Telegram](http://t.me/friend3fam)

Friend3 has announced a partnership with MixieAI, focusing on AI-driven tools and game creation engines for Telegram. This collaboration aims to: - Enable partners to build and integrate custom games - Leverage innovative AI technology for Telegram-specific applications The partnership follows Friend3's recent collaboration with EMCProtocol, a GPU-based RWA protocol enhancing blockchain integration with real-world assets. These strategic alliances position Friend3 at the forefront of AI and Web3 innovation. For updates, follow Friend3 on Telegram: http://t.me/friend3fam