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- 2/10/25: OpenSea Airdrop Incoming—Are You Ready? 🌊🇯🇵📜
2/10/25: OpenSea Airdrop Incoming—Are You Ready? 🌊🇯🇵📜

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Top News
OpenSea Foundation updates login page ahead of airdrop
Japan FSA eyes crypto tax cuts and Bitcoin ETF
House Republicans push forward on stablecoin regulation

Specs’ Insights
1. OpenSea Foundation updates login page ahead of airdrop
BREAKING: OpenSea foundation website rumoured to be updated
- Users are subjected to KYC checks
- Allocation checker before claim
- 18 years old+ to claim
- VPNs not allowed for restricted countries, failing to do so may be disqualified from airdrop(H/t @makisalpha)
— Pluid (@tryPluid)
1:07 PM • Feb 10, 2025
⌐◪-◪ → The OpenSea airdrop is imminent.
The OpenSea Foundation has just updated its website’s login page, signaling that the long-awaited airdrop and OpenSea V2 launch might be right around the corner.
Ethereum users and NFT collectors are holding their breath, hoping this move will spark a new NFT supercycle, bringing much-needed energy back to the market — but I’m skeptical.
Critics argue this is just a hail mary for insiders and venture investors looking to dump a new token, signaling fading confidence in OpenSea’s long-term prospects.
Adding fuel to the fire, rumors suggest the airdrop will geo-block U.S. users, require full KYC, restrict eligibility to users over 18, and ban VPNs. While compliance is important, these moves could enrage the broader community and drastically limit the number of eligible wallets — which, let’s be honest, mostly benefits insiders anyway.
You’d think the regulatory tailwinds and a president dropping memecoins would signal it’s time to embrace U.S. users — but apparently not.
Looking ahead, PolyMarket now puts the odds of an airdrop before April at 62%. Buckle up.
2. Japan FSA eyes crypto tax cuts and Bitcoin ETF
BREAKING:
JAPAN PLANS TO CLASSIFY CRYPTO
AS FINANCIAL PRODUCTS, APPROVE
BITCOIN SPOT ETF AND TAX CUTS.THIS IS MASSIVE !!!
— Ash Crypto (@Ashcryptoreal)
10:02 AM • Feb 10, 2025
⌐◪-◪ → Japan is flipping pro-crypto.
The Japanese Financial Services Agency (FSA) is reportedly preparing to lift its Bitcoin ban, approve Bitcoin spot ETFs, and slash crypto taxes from 55% to 20%. Bullish if true.
This signals the country’s shift toward fostering crypto innovation, part of the growing global game theory as nations, corporations, and institutions race to accumulate Bitcoin.
The Bitcoin standard is unfolding, and Japan’s potential move reflects the growing realization: Bitcoin is no longer optional in the race for financial dominance.
3. House Republicans push forward on stablecoin regulation
🚨🇺🇸DAVID SACKS: STABLECOIN REGULATION WILL PASS FIRST—FULL CRYPTO RULES COMING NEXT
“What the 4 chairmen indicated is, actually, they're gonna take up Stablecoins first, and then market structure will follow very quickly. So I think we could see a Stablecoin bill pass congress… x.com/i/web/status/1…
— Mario Nawfal (@MarioNawfal)
10:43 PM • Feb 9, 2025
⌐◪-◪ → Stablecoin regulation, here we come!
The House just introduced the STABLE Bill, a companion to the Senate’s GENIUS Bill released earlier this week, signaling serious momentum toward stablecoin regulation. Key differences between the bills:
The Senate Bill mandates federal regulation for stablecoins over $10B, while the House Bill lets them remain state-regulated.
Both agree on reserve requirements but differ on the specifics: the Senate Bill allows reserve options like money market funds and reverse repos.
The Senate Bill prioritizes stablecoin holders in bankruptcies, while the House Bill gives the Federal Reserve broader powers, but only for bank subsidiaries.
Critics argue that the five-day notice period for federal intervention in liquidity crises could be a problem — it’s not exactly rapid.
Looking at the market, this bill is very bullish news for compliant stablecoins (USDC, USDP, PYUSD, RLUSD, GUSD) and puts pressure on non-compliant ones like USDT. We might see the stablecoin leaderboard shuffle around a bit.
Crypto Czar David Sacks’ words are echoing loud: “Congress will pass a stablecoin bill in the coming months — market structure follows fast!” This is exactly what the market desperately needs, regulatory clarity. Founders just want to know the rules so they can build.

Everything Else
📈 Market Snapshot
Bitcoin → $97,431.25 ▲ 1.38% (24h)
Ethereum → $2,648.05 ▲ 0.71% (24h)
XRP → $2.44 ▲ 1.42% (24h)
Solana → $206.53 ▲ 3.77% (24h)
BNB → $605.79 ▼ 2.93% (24h)
Crypto prices slide as Trump announces new 25% tariffs on steel, aluminum
Ether may be ready for a bull run as price action mirrors August's bottom
⛓️ Crypto & DeFi
Arweave's computing platform AO goes live on mainnet
Kanye West asks to speak with Coinbase CEO about crypto
DarkFi launches an anonymous app in alpha
RWA tokenization is growing much faster than expected
🏦 Wall Street & VC
BlackRock now owns 5% of Strategy as its Bitcoin exposure grows
Gold-backed crypto set to benefit as Wall Street raises price targets
Solana price will more than double this year, says VanEck
Startup founded by Citi alumni to launch XRP-backed securities
Decentralized AI is a bigger opportunity than Bitcoin, says DCG’s Barry Silbert
🏛️ Legal & Regulatory
SEC delays decision on BlackRock’s Ethereum ETF options trading until April 9
ETF issuer won’t touch Dogecoin despite Solana and XRP fund plans
Coinbase, Gemini CEOs cheer as CFPB chief defangs agency
Kentucky and Maryland are the latest states to consider Bitcoin reserve bills
Florida Bitcoin bill filed by state senator
CFTC to host 'CEO Forum' on stablecoins and collateral
U.S. regulator pursuing tokenization pilot to tap stablecoins as collateral
Franklin Templeton seeks SEC approval to launch a new crypto index ETF
CoinShares files for $XRP and $LTC ETF with NASDAQ
🌎 Rest Of The World
UK landfill containing 8,000 BTC hard drive set to close
Ripple partners with Portugues currency exchange Unicâmbio
Japan's regulator asks Apple, Google to block unregistered crypto exchanges
Metaplanet achieves $35M in unrealized Bitcoin gains
Metaplanet to acquire 21,000 Bitcoin worth $2B by 2026
Central African Republic seemingly launches memecoin $CAR
Brazilian stock exchange B3 launching BTC options, ETH, and SOL futures
Crypto founder Loopify raises $500K in crypto for humanitarian work in Gaza
🖼️ NFTs & Metaverse
Rutherford Chang, artist who created CENTS on Bitcoin, dies
AI agents are now trading IP rights and earning crypto
Christie’s reveals first auction dedicated to AI art
Polymarket bettors wagered $1.1B on Super Bowl results
Kraken lists 'JAILSTOOL' memecoin boosting it to $200M market cap
Dave Portnoy doxes Solana wallet after memecoin backlash
Pudgy Penguins navigate market swings as NFT prices dip
Telegram games had trouble earning revenue, retaining users in Q4
Telegram game 'TapSwap' dumps TON for BNB Chain ahead of airdrop
B3 Ethereum gaming chain launching token airdrop on Base next week
