🔵Coinbase Earnings Report: Q4 Net Loss of $667 Million, Total Transaction Volume Reaches $5.2 Trillion
The fourth quarter saw a net loss of $667 million, or $2.49 per share; total revenue was $1.78 billion, a year-over-year decrease of approximately 22%, falling short of market expectations of $1.83 billion to $1.85 billion; the crypto trading market share rose to approximately 6.4%.
Recently, Coinbase CEO @brian_armstrong tweeted, "We believe we can achieve a win-win market structure that advances the President's cryptocurrency agenda while addressing banks' concerns.
We will always prioritize the best interests of cryptocurrency users. Coinbase attended two recent White House meetings, and the crypto industry has expressed its support.
We are steadily moving towards a win-win situation for the White House, banks, and cryptocurrencies, and will continue to advocate for policies that are most beneficial to cryptocurrency users, especially core consumer benefits such as rewards."
Tom Lee's insightful presentation at Consensus HK 2026
🔷Ethereum will form a perfect bottom if it touches $1890 again:
The crypto market needs a Bitcoin reversal, which requires a weakening of gold. He believes this shift will occur this year.
Regarding Ethereum, he points out that since 2018, Ethereum has experienced eight drops exceeding 52%, and each of those drops resulted in a V-shaped bottom reversal.
Last year, from January to March, Ethereum fell by 64%, but subsequently recovered at almost the same pace.
Tom Lee states that if Ethereum touches $1890 again, it will form a perfect bottom.
He believes Ethereum is currently very close to its bottom, and investors should look for opportunities rather than sell.
Furthermore, he emphasizes that Ethereum's future drivers include Wall Street's reconstruction of the financial system based on blockchain, the application of AI agents, and the creator economy. He states that while there are still internal divisions within Wall Street, the willingness to use public blockchains is clear.
The Hidden Narrative Behind Privacy, RWA, and the Future of $DUSK
Many investors focus only on price charts, but the real opportunity in crypto often lies in emerging infrastructure narratives. @Dusk is quietly aligning $DUSK K with three of the most powerful long-term trends: privacy-preserving blockchain technology, real-world asset tokenization, and regulation-ready decentralized finance. These sectors are increasingly discussed across industry research, institutional reports, and global blockchain adoption strategies.
SEO data shows growing interest in phrases like “tokenized securities blockchain,” “compliant smart contracts,” and “enterprise DeFi solutions.” The architecture being developed by @Dusk directly reflects these demands, suggesting that $DUSK is not just another speculative asset but part of a broader financial transformation. Sustainable crypto projects are usually those solving real regulatory and technical challenges rather than chasing temporary market attention.
As blockchain moves toward mainstream financial integration, privacy combined with compliance could define the winning platforms of the next decade. Keeping a close watch on the evolution of @Dusk and the expanding role of $DUSK may offer valuable insight into where the future of regulated digital finance is heading. #Dusk
Exploring the future of privacy-focused blockchain with @Dusk The vision behind $DUSK shows how compliant privacy and real-world asset tokenization can reshape finance. Excited to watch the ecosystem grow and innovate further. #Dusk
STRATEGY WILL INITIATE A BITCOIN SECURITY PROGRAM THAT COORDINATES WITH THE GLOBAL CYBER, CRYPTO, AND BITCOIN SECURITY COMMUNITY TO ADDRESS QUANTUM THREAT.
$CLAWSTR - Originally a community-made memecoin, the $CLAWSTR token surged after the developers officially endorsed it for the "openclaw" decentralized social project. However, the developers reportedly sold their entire holdings after significant fee accumulation, leading to a catastrophic 99% price crash. This sudden exit has left the community in shock, raising serious concerns about the project's decentralization and future trust.
$DOOD - Coinbase will launch Doodles (DOOD) spot trading with a DOOD-USD pair on February 5, 2026. DOOD is the native utility and governance token of the Doodles ecosystem, a leading Web3 media brand that evolved from a popular NFT collection into a transmedia franchise covering art, music, and animation.
$RNBW, $RAVE, $AZTEC, $ESP - $RNBW is the native token of Rainbow, a popular Web3 wallet known for its intuitive design and strong integration with the Ethereum and Base ecosystems.
$RAVE is the utility and governance token for RaveDAO, a decentralized platform focused on music, live events, and the creative economy. $AZTEC powers the Aztec Network, a privacy-centric Layer 2 scaling solution on Ethereum that utilizes zero-knowledge proofs. $ESP is the core token of Espresso Systems, a project building decentralized infrastructure to improve blockchain scalability and interoperability.
$HYPE - Hyperliquid is expanding its ecosystem with HIP-3 and HIP-4, introducing decentralized prediction markets and permissionless perpetual listings. HIP-3 enables trading on real-world event outcomes, while HIP-4 allows users to launch new perpetual pairs independently to boost liquidity. These proposals aim to enhance platform decentralization and utility by empowering the community to drive market growth.
$HYPE - Hyperliquid’s treasury proposes using its HYPE token holdings as collateral for options trading to generate additional revenue. The strategy aims to optimize capital efficiency by earning premiums through structured products without directly selling the underlying assets. This move is designed to diversify the treasury's income streams and support long-term sustainable growth for the ecosystem.
$CRO - Crypto.com has launched OG, a standalone prediction market platform offering CFTC-regulated contracts for sports, finance, politics, and culture. It is the first federally regulated platform in the U.S. to introduce margin trading for event contracts, allowing users to trade with leverage. To celebrate the launch, the first one million users to sign up can receive up to $500 in rewards.
$ETH - As Ethereum L1 scales natively, L2s should shift from being simple "branded shards" to providing unique value-adds like specialized VMs, privacy, or ultra-low latency. L2s are encouraged to maintain at least Stage 1 security while Ethereum develops native rollup precompiles to facilitate trustless verification and synchronous composability. This new path envisions a diverse spectrum of L2s that offer novel functionalities beyond simple computation, ensuring a more flexible and robust ecosystem.
$BERA - OlympusDAO is discussing RFC 5199 to manage its seed investment in Berachain ($500k for ~1% of the network) as the first major token unlock approaches on February 6, 2026. The proposal focuses on a vesting and utilization strategy for $BERA tokens, likely prioritizing staking to earn $BGT and participating in Berachain’s Proof-of-Liquidity ecosystem. This move aims to transition Olympus’s long-term seed position into an active, yield-bearing treasury asset to support the protocol’s growth.
$MKL - Merkle Trade is winding down operations after reaching $30B in cumulative volume, citing a difficult decision to close the platform. New positions will be blocked on Feb 6, all positions closed by Feb 10, and final revenue distributions completed by Feb 12. Remaining treasury assets will be made redeemable for MKL token holders shortly after the wind-down is finalized.
$KAITO - Kaito is launching the waitlist for "Kaito Studio," a new matchmaking platform connecting creators and brands using on-chain and social data. The platform leverages crypto’s verifiability to create a tiered, invite-based model that ensures higher rewards and quality opportunities for creators. Initially launching on X (formerly Twitter), Kaito aims to scale this data-driven attention economy model across multiple social platforms.
$OPINION - Opinion secured $20 million in funding to scale its decentralized prediction market platform amid rising institutional interest. The round highlights a trend where prediction markets continue to attract capital despite a broader slump in the crypto market. This investment will be used to enhance liquidity and expand global access to diverse, data-driven event contracts.
Fidelity has officially launched its institutional stablecoin, FIDD, designed to streamline settlements and liquidity within its digital asset ecosystem. The dollar-backed token offers a secure, regulated medium for real-time transactions and collateral management for institutional clients. This launch signifies Fidelity's strategic expansion into the stablecoin market, directly competing with established institutional providers.
CME Group CEO Terry Duffy revealed that the exchange is exploring the launch of its own "CME Coin" to optimize clearing and settlement. The token is intended to streamline collateral management and improve capital efficiency for institutional participants in its derivatives markets. This initiative marks CME’s move to compete with other Wall Street giants by integrating blockchain technology into its core financial infrastructure.
Bitwise Asset Management acquired crypto staking provider Chorus One to expand its institutional infrastructure and service offerings. The deal enables Bitwise to integrate professional staking capabilities directly into its suite of digital asset investment products. This strategic move reflects Bitwise's goal to become a comprehensive asset manager covering both ETFs and on-chain rewards.
CIRO, Canada’s self-regulatory investment body, updated its crypto-asset custody guidance to clarify requirements for investment dealers. The update focuses on strengthening standards for third-party custodians and internal control systems to enhance investor protection. This move aims to provide a more robust regulatory framework for firms managing digital assets on behalf of Canadian clients.
#Strategy Cost Line Breached, Crypto Market Faces Another "Liquidation Day"
Bitcoin briefly dipped below $76,000 this morning, breaking below the Strategy cost line for the first time in nearly two and a half years.
Furthermore, nearly $2.2 billion in contract liquidations occurred across the entire network within 24 hours, marking the highest single-day liquidation volume since October 11th.
Several high-profile whales were also affected:
🐳 Huang Licheng (@machibigbrother), known as "Machi Big Brother," had his positions completely liquidated on the evening of January 31st;
🐳 An address starting with 0x9ee, considered a "CZ counterparty," suffered a margin call of over $60 million, wiping out all profits and incurring a loss of over $10 million;
🐳 A so-called "insider" who shorted after the October 11th flash crash also had over $200 million liquidated, going from a profit of $142 million to being liquidated in just 56 days.
🐳 Meanwhile, as Ethereum once fell to $2240, Yi Lihua (@Jackyi_ld)'s Trend Research account, holding 651,300 ETH, suffered a maximum unrealized loss of nearly $500 million. Trend Research currently has 175,800 WETH staked on Aave, borrowing approximately 274 million USDT. The lending position health is 1.29, and the liquidation price is $1558. While the liquidation price is still some distance from the current price, it's not unattainable if the market downturn continues.
Mon: *Saylor expected announce another BTC purchase *For the first time in over a decade the Fed conducted rate check on yen (around midday on Friday); Yen Intervention coming? *Do Kwon Trial
Tue: *India-EU historic Free Trade Agreement after ~18 years of negotiations, EU President Ursula von said ‘mother of all deals’ *SEC- CFTC to Hold Joint Event on Crypto Era at 10am ET *Trump speaks in Iowa on economy *Senate Agriculture Committee to hold hearing on its version of the crypto market structure bill (could be delayed due to snowstorm) *STX earnings
Wed: *FOMC Meeting (expected to leave rates unchanged); focus will on timing of the next rate cut as recent data show signs that the economy is improving (Economists now expect the Fed won’t cut interest rates until June); BI Says: “The most interesting figures to watch are Governors Waller and Bowman: If they vote with the majority to hold steady, they’ll be signaling to Trump that they side with Powell — including on Fed independence. We expect Waller to vote with the majority, but Bowman to dissent.” Powell’s press conference will be the first since he disclosed DOJ subpoenas affecting the Fed *Earnings: ASML, MSFT, META, TESLA, IBM
Thu: *UK’s Starmer set to visit China to boost trade ties (trump okay with this??, another round like US vs Canada over china) *Earnings: Apple, SNDK, nasdaq, WDC (more details on supply shortage)
Fri: *U.S. government runs out of funding (shutdown odds at 75% on polymarket) *NumerCon 2026 12:30 PST
TBA/Whole Week: macro: Fed chair decision; AI earnings, more trump tantrums after ICE murdered another citizen?; crypto: lighter to make series of announcements; crypto market structure bill
ICYMI: *Crypto Bill Delayed (likely to further postpone to until late February or March) as Senate Panel Pivots to Housing Push *Small Caps Notch Longest Win Streak Over S&P 500 Since 1996 *Samsung increases NAND flash memory prices by 100% in the Q1... “Supply cannot keep up with demand.”; Intel shares plunged 14% on Friday after the company struggled to meet strong AI-driven demand for datacenter chips due to supply constraints.
$RIVER $SOL
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