$1,000,000,000,000,000 — Derivatives$400,000,000,000,000 — Real estate$128,000,000,000,000 — Stock market$30,000,000,000,000 — Gold$8,000,000,000,000 — InsuranceTokenization is coming for it all. https://t.co/EikNck9Vyy ...

Core Viewpoint - The cryptocurrency exchange Coinbase reported a significant decline in revenue and a net loss in Q4, raising concerns about whether this is a cyclical downturn or the beginning of a prolonged "crypto winter" [1][3][4]. Financial Performance - Coinbase's Q4 revenue fell by 20% to $1.8 billion, exceeding market expectations for a decline [3][4]. - The company recorded a net loss of $667 million, compared to a net profit of $1.3 billion in the same period last year [3][4]. - Total trading volume for the year reached $5.2 trillion, a year-on-year increase of 156%, with market share in crypto trading doubling to 6.4% [4]. Revenue Breakdown - Trading revenue for Q4 was $983 million, a 6% decrease quarter-on-quarter, with consumer trading revenue dropping 13% to $734 million [8]. - Institutional trading revenue increased by 37% to $185 million, despite a 13% decline in institutional spot trading volume [12]. - Subscription and service revenue reached a record high of $2.8 billion, driven by USDC-related earnings and membership subscriptions [15]. Strategic Insights - The company is focusing on diversifying its revenue streams, with subscription services seen as a defensive measure against trading volume fluctuations [15][19]. - Coinbase's CFO expressed optimism about retail investors, noting that they are buying on dips and are in good financial health [11]. Cost Management - Operating expenses surged by 35% to $5.7 billion for the year, with Q4 expenses rising by 9% to $1.5 billion [22]. - The increase in expenses is attributed to higher user rewards due to increased USDC holdings, acquisition-related costs, and compliance investments [24]. Future Outlook - For Q1 2026, Coinbase provided cautious revenue guidance, expecting trading revenue to be around $420 million and subscription service revenue between $550 million and $630 million, lower than Q4 levels [27]. - The company has initiated a significant stock buyback program, repurchasing $895 million in stock early in 2026, with an additional $2 billion authorized for buybacks [27]. Market Context - The performance decline reflects broader challenges faced by the cryptocurrency exchange industry, with competitors like Gemini and Robinhood also reporting significant downturns [7]. - Analysts are divided on whether the current market conditions represent a mid-cycle correction or the onset of a new bear market [28][29].

Thailand's SEC Clears Path for Crypto-Linked Derivativeshttps://t.co/L9NHxGUi70 ...

Chinese government bonds’ recent recovery is drawing more traders into derivatives https://t.co/95CZsXXtaC ...

cme coin isn't an exchange token. it's derivatives settlement infrastructure for a $640 trillion market. every bank clearing swaps through cme becomes a forced holder for margin posting. binance has 10x cme's futures open interest but zero derivatives clearinghouse monopoly. google partnership late 2026 means tokenized cash rails meet derivatives settlement. cme processes trillions, this token captures settlement flow not trading fees ...

NEWS: Ripple integrates Hyperliquid, enabling institutional clients to tap DeFi derivatives liquidity via its prime brokerage platform. https://t.co/AZ1Jpg9zUa ...

Core Viewpoint - EQT Corporation (NYSE:EQT) is identified as one of the most undervalued stocks, with significant projected gains from derivatives in the upcoming quarters [1]. Financial Projections - EQT Corporation anticipates gaining $114 million from derivatives for the fourth quarter of 2025, along with $35 million in net cash settlements from these derivatives [1]. - The company expects to receive $44 million in net cash settlements from its NYMEX natural gas hedge positions and $9 million from basis and liquids hedge positions in the same quarter [2]. - Premiums paid for settled derivatives in the fourth quarter of 2025 are projected to reach $45 million [2]. Analyst Ratings - Three analysts reaffirmed their ratings on EQT Corporation on January 26, with Piper Sandler maintaining a Hold rating and a $50 price target [3]. - Siebert Williams Shank & Co also kept a Hold rating, this time with a $62 price target [3]. - Morgan Stanley assigned a Buy rating with a $69 price target for the stock [3]. Company Overview - EQT Corporation is involved in the production, gathering, and transmission of natural gas, selling to marketers, utilities, and industrial customers primarily in the Appalachian Basin [4].

RT Eric He | LBank (@EH_LBank)🙏 LBankers, momentum continues strong across media, markets, and communities.This week we deepened our global footprint with thought leadership, awards, and local activations.Here’s what we achieved:1️⃣ Global Media Spotlight 📰Eric He’s macro insights were cited by both CoinDesk & Decrypt, covering Bitcoin’s range-bound price action, geopolitical signals, and the resilience of the digital gold narrative.Reinforcing LBank’s voice in institutional market analysis.2️⃣ @CoinGapeMed ...

📊 Check out the Exchange Activities For January 2026! 🏆Over the last 30 days, ~81% of crypto trading volume came from derivatives, with activity heavily concentrated on a few major exchanges. Binance is firmly in the leader seat with over $2trillion in combined volume 👑leading in scale, depth, and activity.Meanwhile, MEXC and Gate are having their moment, climbing to 2nd and 3rd in spot volume. OKX's spot volume took a hit, but their derivatives desk is still printing at $670B.Spot may drive narratives, but ...

Wall Street’s main derivatives regulator will write new rules for the multi-billion dollar prediction markets industry, the head of the Commodity Futures Trading Commission said https://t.co/LpNae9l4zG ...