Ark Invest continued to increase its holdings of the $183 million Bullish stock on Monday, which then surged over 16% in a single day.

A-shares digital currency concept shows an afternoon surge, Yuyin Shares hits the daily limit, Cuiwei Shares, Hengbao Shares, and others follow the rise

BlockBeats News, February 11 — A-shares with digital currency concepts showed unusual movement in the afternoon, with YuYin Co., Ltd. hitting the daily limit up, and CuiWei Co., Ltd., HengBao Co., Ltd., YingShiSheng, and SiFang JingChuang following the upward trend. On the news front, Hong Kong SAR Chief Executive John Lee stated that the Hong Kong Monetary Authority is actively processing license applications for stablecoin issuers, and believes the first batch of licenses will be issued next month. (Jin10)

Soluna surged 870.98% after launching Alpha, current price is 0.0011145392968032 USDT

Gate News bot message, Gate market display, since launching Alpha, Soluna has increased by 870.98%, current price 0.0011145392968032 USDT.

ZRO (LayerZero) increased by 21.99% in the past 24 hours

Gate News Bot Message, February 11th, according to CoinMarketCap data, as of press time, ZRO (LayerZero) is trading at $2.38, up 21.99% in the past 24 hours, reaching a high of $2.45 and a low of $1.38. The 24-hour trading volume is $494 million. The current market capitalization is approximately $703 million, an increase of $127 million from yesterday. LayerZero Foundation is committed to the decentralization and ecosystem growth of LayerZero. Through measures such as ZRO buybacks, governance participation, and ecosystem support, it promotes the long-term development of the LayerZero network. ## Recent Important News about ZRO: 1️⃣ **Institutional Capital Support and Ecosystem Expansion** Leading institutional investors such as Citadel and Ark Invest

BTC drops below 68,000 USDT

Gate News bot message, Gate Market Display, BTC drops below 68,000 USDT, current price 67,980.4 USDT.

Kite's market capitalization surpasses $340 million and has now entered the top 100 in the cryptocurrency market cap rankings.

BlockBeats News, February 11 — According to CMC data, Kite's market cap has surpassed $340 million, increasing over 24% in the past 7 days. It has now entered the top 100 cryptocurrencies by market cap, with a current FDV of approximately $1.9 billion.

CITY (Manchester City Fan Token) increased by 6.26% in the last 24 hours

Gate News Bot Message, February 11th, according to CoinMarketCap data, CITY (Manchester City Fan Token) is currently priced at $0.57, up 6.26% in the past 24 hours, reaching a high of $0.62 and a low of $0.47. The current market capitalization is approximately $7.24 million, an increase of $427,000 from yesterday. ### Market Drivers Analysis Recent Important News for CITY: 1️⃣ **Global Urban Development Boom Boosts Crypto Community Enthusiasm** Recently, multiple countries and regions around the world have launched crypto-friendly city development projects, including Bhutan supporting the construction of a new economic center with 10,000 Bitcoins, Kazakhstan collaborating with China to build a crypto city, and the Chief Executive of Hong Kong Special Administrative Region expressing continued support for local digital asset communities.