Group 1 - ARK Invest, led by CEO Cathie Wood, was the first public asset manager to gain Bitcoin exposure in 2015 when Bitcoin was valued at under $500, and it has since surged to nearly $78,000 despite recent market volatility [1][3] - ARK Invest has been actively acquiring shares in various crypto-related companies, including Coinbase and Block, indicating a strong commitment to the crypto sector [2][3] - Following a recent market crash, ARK Invest resumed its buying spree, purchasing approximately $72 million worth of popular crypto stocks on February 2 [3] Group 2 - The company has made significant investments in various crypto-related assets, including $32.7 million in Robinhood Markets, $14.6 million in CoreWeave, $9.4 million in Circle Internet Group, $6.3 million in Bitmine Immersion Technologies, $6 million in Bullish, $1.9 million in Block, and $1.3 million in Coinbase [4] - Cathie Wood has recommended four cryptocurrencies as potential diversifiers: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and possibly Hyperliquid (HYPE), suggesting a strategic approach to navigating current market conditions [3]

Coinbase Stock At New Lows With Earnings Ahead | Investor's Business DailyBREAKING: [Futures Fall; Google AI Spending Soars]---Coinbase (COIN) stock was unable to catch a break Tuesday as it stretched its losing streak to an eleventh session with earnings around the corner. The stock has been languishing below its 50-day moving average since November. Shares on Tuesday remained well below their 50-day and 200-day moving averages, bringing them back to levels last seen in April. The cryptocurrency…## Related ...

Group 1 - Coinbase's stock has declined nearly 40% over the past 12 months, but at $176, it is considered reasonably valued at 25 times next year's earnings, presenting a potential buying opportunity for long-term investors [1] - From 2020 to 2024, Coinbase's annual revenue rose more than fivefold to $6.6 billion, with expected revenue and adjusted EBITDA growth rates of 12% and 6% respectively from 2024 to 2027 [3] - Coinbase ended Q3 2025 with $300 billion in assets under custody, an increase from $220 billion at the end of 2024 [4] Group 2 - The company is benefiting from the rising use of stablecoins, which reduces dependence on volatile cryptocurrencies, and is expanding its services to include subscriptions, custody, staking, and institutional offerings [5] - Coinbase is also expanding its own Layer-2 blockchain to support the development of decentralized applications, indicating a strategic shift towards broader crypto ecosystem engagement [5]

Crypto.com (CRYPTO: CRO) on Tuesday announced the launch of OG, a standalone predictions app timed to capitalize on the largest gambling event of the year, Super Bowl LX, when Americans are expected to legally wager $1.76 billion on the game. Why Prediction Markets Are BoomingCrypto.com CEO Kris Marszalek said the firm saw roughly 40-fold week-over-week growth in its event contracts business over the past six months. The news comes as prediction market rivals Kalshi and Polymarket combined for $17 billion i ...

Core Insights - Ark Invest has increased its investments in crypto-related companies, including Coinbase, Circle, and BitMine Immersion Technologies, following a significant drop in Bitcoin prices [1][2] Investment Activities - The firm acquired over $8.7 million in Circle (CRCL) shares and more than $6 million in BitMine (BMNR) shares on Monday, alongside additional investments in Coinbase (COIN) and other crypto firms [2] - Ark Invest now holds nearly $248 million in Circle and $228 million in BitMine, ranking them as the 15th and 16th largest positions in Ark's portfolio, respectively [3] - The firm also maintains $425 million in Coinbase shares, making it the 7th largest position in its holdings [3] Market Performance - Shares of Circle and BitMine have both declined over 20% in the last five trading days, reflecting a broader downturn in crypto-related equities, including Coinbase and Bullish, which have dropped 15.74% and 23% respectively [4] - Despite the falling prices, Ark Invest has continued to purchase crypto-related equities, indicating a long-term bullish outlook [5] Price Predictions - Cathie Wood has expressed a bullish stance on Bitcoin, predicting prices could reach $1.2 million per coin by 2030, although this is a reduction from a previous estimate of $1.5 million due to the rise of stablecoin adoption [6][7] - Bitcoin recently fell to a 15-month low of $75,442 before recovering to nearly $79,000, but has since dropped again to around $74,618 [7]

Core Viewpoint - Ark Invest has increased its investments in crypto-linked stocks despite a downturn in cryptocurrency prices and exchange stocks, indicating a bullish stance on the sector during a period of market weakness [1]. Group 1: Investment Activity - Ark Invest purchased approximately $24.8 million worth of positions in various crypto-exposed companies, including Robinhood, Circle, Block Inc., BitMine Immersion Technologies, Coinbase, and Bullish [2][3]. - The largest single purchase was 235,077 shares of Robinhood, valued at about $21.1 million, and 274,358 shares of BitMine worth roughly $6.2 million [3][4]. - Other notable purchases included $9.4 million in Circle, $6 million in Bullish, $1.9 million in Block Inc., and $1.25 million in Coinbase [4]. Group 2: Market Context - The crypto-related stocks opened the week negatively, with Robinhood and Circle down nearly 10% and 8%, respectively, while BitMine and Bullish fell more than 9% and 4% [4]. - Bitcoin has seen a significant decline, falling below $80,000 for the first time since April 2025 and down over 37% from its October peak [5]. - Trading activity across centralized crypto exchanges has sharply contracted, with spot trading volumes dropping from around $2 trillion in October to approximately $1 trillion by the end of January [5]. Group 3: Stock Performance - Exchange stocks have been heavily impacted, with Coinbase shares down more than 40% over the past six months, and Bullish down nearly 57% during the same period [6]. - Robinhood has shown relative resilience, declining about 16% but still trading below its recent highs [6]. Group 4: Historical Investment Trends - Ark Invest's recent purchases are consistent with its strategy of adding to crypto-related positions during market downturns, having previously acquired $42 million worth of such stocks in November 2025 following a 9.6% stock crash [7].

（来源：吴说） 1.白宫召集 Coinbase、多家加密行业组织及银行业协会，就稳定币奖励的监管处理展开磋商 白宫于 2 月 2 日召集 Coinbase、多家加密行业组织及银行业协会，就稳定币奖励（stablecoin rewards） 的监管处理展开磋商，讨论是否允许第三方平台向用户提供相关收益。会议由总统数字资产顾问委员会 成员 Patrick Witt 主持。加密行业称此次会议是推动两党数字资产立法的重要一步，但银行方面立场较 为强硬，担忧稳定币奖励分流银行存款、冲击社区银行。消息人士称会议尚未达成最终共识，但已明确 分歧点与潜在妥协路径，目标是在 2 月底前寻求解决方案。 5.JPMorgan：89% 家族办公室未持有加密资产，数字资产配置意愿仍偏低 据 JPMorgan Private Bank 发布的《2026 年全球家族办公室报告》，在其调研的 30 个国家、333 家家族 办公室中，约 89% 未配置加密资产，显示即便在地缘政治风险上升的背景下，家族办公室对包括加密 资产和黄金在内的对冲工具配置意愿仍然有限，其中 72% 未持有黄金。报告指出，加密资产的高波动 性及与其他资产相关性不稳定，令 ...

吴说获悉，Coinbase 宣布将于 2026 年 2 月 3 日上线 Tria（TRIA） 现货交易。若流动性条件满足， TRIA-USD 交易对将于今日稍晚开放，适用于支持该交易的地区。 （来源：吴说） ...

Upgrades - DA Davidson upgraded Q2 Holdings (QTWO) to Buy from Neutral with an unchanged price target of $82, citing an attractive entry point due to the stock's pullback over the last 6-8 months [2] - Citi upgraded JetBlue (JBLU) to Neutral from Sell with a price target of $6, up from $4, noting "upside risks" and strategic optionality for the airline [3] - Morgan Stanley upgraded Affirm (AFRM) to Overweight from Equal Weight with a price target of $76, down from $83, highlighting a compelling risk/reward scenario following recent stock weakness [3] - Daiwa upgraded Visa (V) to Outperform from Neutral with an unchanged price target of $370, revising earnings forecasts upward in light of Q1 earnings [4] - Northland upgraded Palantir (PLTR) to Outperform from Market Perform with a price target of $190, up from $185, following the company's strong Q4 results [4] Downgrades - Piper Sandler downgraded Adobe (ADBE) to Neutral from Overweight with a price target of $330, down from $470, due to concerns over seat-compression and vibe coding narratives [5] - RBC Capital downgraded Elevance Health (ELV) to Sector Perform from Outperform with a price target of $358, down from $392, citing softer than expected 2026 guidance [5] - BofA downgraded Figure (FIGR) to Underperform from Neutral with a price target of $42, down from $43, noting a significant valuation gap compared to Coinbase [5] - BNP Paribas downgraded Exxon Mobil (XOM) to Underperform from Neutral with a price target of $125, up from $114, based on valuation concerns [5] - Roth Capital downgraded Coterra Energy (CTRA) to Neutral from Buy with a price target of $28, down from $30, believing no higher offers will materialize at this time [5]

Core Insights - Jeffrey Epstein made a $3 million investment in Coinbase in December 2014, arranged by Tether co-founder Brock Pierce and Blockchain Capital at a $400 million valuation. Coinbase is now valued at approximately $51 billion [2][3] - Coinbase co-founder Fred Ehrsam was aware of Epstein's involvement, as indicated by an email where he expressed interest in meeting Epstein [2][3] - Epstein cashed out half of his stake in Coinbase in 2018 for nearly $15 million, retaining the other half until his death in 2019 [4] Industry Context - The revelation of Epstein's investment raises questions about the early funding sources and the individuals behind significant investments in the cryptocurrency industry [5][7] - The investment occurred during a time when the cryptocurrency sector was less regulated, and due diligence practices were still developing [7]