Market Update - Friday, February 13

- Gold, U.S. stocks, and cryptocurrencies are all declining. Bitcoin $BTC has dropped to $66,000, and altcoins are struggling to recover.

- At 8:30 PM EST, the U.S. will release January CPI inflation data:

  - Year-over-year CPI inflation (Forecast = 2.4%, Previous = 2.7%)

  - Year-over-year Core CPI inflation (Forecast = 2.5%, Previous = 2.6%)

ETF Spot Update for February 12: No data available.

- The Federal Reserve proposes categorizing cryptocurrencies as a separate asset class for derivatives trading, citing high volatility and the need for increased margin requirements.

- The CFTC has established an Innovation Advisory Council focused on AI and blockchain, featuring leaders from Solana, Ripple, Coinbase, and Polymarket.

- Coinbase reported a Q4 2025 loss of $667 million, ending an eight-quarter streak of profitability as the crypto market declined.

- Binance's SAFU fund has completed a plan to transfer $1billion in stablecoins to Bitcoin, now holding 15,000 BTC.

- Ethzilla has tokenized Boeing aircraft engines on Ethereum, allowing investors to earn rental income through token purchases.

- Aave Labs is proposing an upgrade to V4, requesting $25 million in stablecoins and 75,000 AAVE from the DAO for development over the next year, promising to return 100% of revenue to the DAO.