（来源：吴说） 本文由第三方提供新闻稿，不代表吴说观点 BitMart US 首席运营官 Daniel Huang 表示："在布局美国市场过程中，我们更注重长期建设而非短期扩 张。信任、透明与合规公信力，是我们长期发展战略的核心。BitMart US 从底层架构重新打造，希望为 美国用户提供符合监管标准、兼具产品体验与成本优势的交易平台。" 双端用户定位：零售与机构并行 据介绍，BitMart US 的目标用户群体包括美国本土零售投资者，以及寻求符合美国监管标准交易通道的 国际机构客户。 数字资产交易平台 BitMart US 今日宣布正式全面上线运营。目前，该平台已完成覆盖美国 50 个州及所 有领地的合规持牌布局，成为少数获准在美国全境范围内提供加密货币交易服务的交易所之一。 在美国加密交易平台普遍面临州级监管碎片化的背景下，BitMart US 表示，其全国范围内的合规授权为 平台构建了较高的准入壁垒与竞争优势。 完成全美合规布局 BitMart US 表示，平台已在全美 50 个州及相关领地取得完整运营资质，实现全国范围的合规覆盖。业 内人士指出，在美国复杂的州级监管体系下，能够实现全面合规授权的交易 ...

（来源：吴说） 据官方公告，币安将于 2026 年 02 月 25 日 16:00（东八区时间）上线 ADA/U、DOGE/U、PEPE/U 和 TAO/USD1 现货交易对，同时为以上交易对开放交易机器人服务。 ...

获 Tether 等支持的西班牙加密交易所 Bit2Me 正从面向消费者的交易平台转型为银行及执法机构提供后 台基础设施服务。公司 2025 年交易量达 53 亿欧元（约 62.4 亿美元），B2B 收入占比由 2023 年的 18% 提升至 27%，全年营收约 2500 万美元。Bit2Me 还为西班牙政府提供涉案加密资产变现服务。公司已获 得欧盟 MiCA 牌照，并启动向葡萄牙扩张，后续计划进入意大利、法国和德国市场。（CoinDesk） （来源：吴说） ...

Group 1 - CME Group announced that its regulated cryptocurrency futures and options will offer 24/7 trading starting May 29, pending regulatory review [1] - Tim McCourt, Global Head of Equity and FX Products at CME Group, stated that the demand for risk management in the digital asset market has reached an all-time high [1] - The platform is projected to reach a record nominal trading volume of $3 trillion in cryptocurrency futures and options by 2025 [1]

Core Insights - Robinhood Markets Inc. reported fourth-quarter 2025 earnings per share of 66 cents, exceeding the Zacks Consensus Estimate of 63 cents, and up from adjusted earnings of 54 cents in the prior-year quarter [1] - Despite the earnings beat, HOOD stock fell 8.3% in after-hours trading due to weak cryptocurrency trading, a decline in Monthly Active Users (MAU), and increased expenses [1][8] Financial Performance - The company's net income for the fourth quarter was $605 million, a decrease of 34% year over year, influenced by a one-time benefit in the prior year [2] - Total net revenues for the fourth quarter rose 26.5% year over year to $1.28 billion, although it fell short of the Zacks Consensus Estimate of $1.34 billion [4] - For the full year 2025, earnings were $2.05 per share, surpassing the Zacks Consensus Estimate of $2.03, and represented an 88.1% increase from the previous year's adjusted earnings [3] Revenue Breakdown - Transaction-based revenues increased by 15.5% year over year to $776 million, driven by significant growth in options revenues (41%) and equities revenues (54%), despite lower cryptocurrency revenues [5] - Net interest revenues rose 39% to $411 million, attributed to a higher balance of interest-earning assets and securities lending activity [5] - Other revenues surged to $96 million, primarily due to a 58% increase in Robinhood Gold subscription revenues, with subscribers reaching 4.2 million [6] Operating Expenses - Total operating expenses for the quarter were $633 million, up 38.2% year over year, with adjusted operating expenses increasing by 20.9% to $521 million [6] - Adjusted EBITDA for the quarter was $761 million, reflecting a year-over-year increase of 24.1% [6] Business Metrics - As of December 31, 2025, total platform assets increased by 68% year over year to $324 billion, driven by net deposits and higher equity valuations [7] - Equity Notional Trading Volumes reached a record $710 billion, up 68% year over year, while options contracts traded rose by 38% to 659 million [8] Share Repurchase - In the reported quarter, the company repurchased nearly 0.8 million shares for $100 million [9] Outlook - For 2026, Robinhood anticipates combined adjusted operating expenses and share-based compensation to be in the range of $2.60-$2.73 billion, including costs related to Bitstamp [10]

Coinbase 表示，Superform（UP）现货交易将于 2026 年 2 月 11 日上线，相关 UP-USD 交易对将在当日 稍晚、在满足流动性条件且支持交易的地区开放。 （来源：吴说） 吴说获悉，Coinbase 表示，将于 2026 年 2 月 12 日上线 RaveDAO（RAVE）、DeepBook（DEEP）和 Walrus（WAL）的现货交易，相关交易对 RAVE-USD、DEEP-USD 和 WAL-USD 预计将在东八区时间 2026 年 2 月 12 日 01:00 及之后、在满足流动性条件的情况下开放。 ...

Core Insights - Two new wallets, 17oiCa and 0x929f, have withdrawn significant amounts of cryptocurrency from Binance, specifically 3,500 BTC and 30,000 ETH, valued at approximately $249 million and $63 million respectively [1] Group 1 - The withdrawal of 3,500 BTC indicates a substantial movement of Bitcoin from Binance, reflecting potential shifts in market sentiment or investment strategies [1] - The extraction of 30,000 ETH suggests a notable liquidity event, which could impact Ethereum's market dynamics [1]

Core Insights - Trend Research has transferred 25,000 ETH (approximately 53.24 million USD) to Binance, indicating ongoing financial activity related to asset management [1] - The total amount transferred to Binance by Trend Research has reached 188,588 ETH (approximately 427 million USD), suggesting a strategy focused on selling and repaying loans [1] Group 1 - Trend Research's recent transfer of 25,000 ETH to Binance highlights significant liquidity movement in the cryptocurrency market [1] - The cumulative transfer of 188,588 ETH indicates a substantial engagement with Binance, potentially impacting market dynamics [1] - The purpose of these transfers appears to be linked to selling assets and managing loan obligations, reflecting strategic financial maneuvers [1]

Group 1 - Arthur Hayes sold PENDLE, ENA, and LDO, and subsequently purchased HYPE [1] - In the past 24 hours, 57,881 HYPE were bought, valued at approximately $1.91 million [1] - Current holdings of HYPE amount to 131,807, valued at around $4.33 million [1]

责任编辑：陈钰嘉 美国内华达州博彩监管局对加密货币交易平台Coinbase提起民事诉讼，指控该平台通过旗下预测市场产 品，在未取得相关牌照的情况下提供体育博彩服务，违反了该州相关法律。 诉状显示，内华达州博彩管制委员会本周正式提起诉讼，要求叫停Coinbase推出的与体育赛事结果挂钩 的事件型合约，并称这类合约属于博彩行为，平台开展相关业务必须持有该州的博彩经营牌照。 Coinbase的预测市场平台支持用户交易与体育、政治等各类现实事件挂钩的合约产品。内华达州监管机 构认为，无论相关合约的结构设计或名称标注如何，只要其标的为体育赛事结果，就属于该州博彩法规 的监管范畴。 此次诉讼距Coinbase与Kalshi合作在全美推出预测市场产品仅过去数周——双方合作后，该类产品已在 美国全部50个州上线。 彼时Coinbase曾辩称，这类合约属于联邦层面监管的事件市场产品，并非传统博彩；该平台此前还因类 似的监管执法行动，对密歇根州、伊利诺伊州和康涅狄格州的监管机构提起诉讼，称各州的博彩监管规 则与联邦商品交易法存在冲突。 而内华达州此次的诉讼直接驳斥了这一观点，坚称与体育赛事挂钩的合约仍受州级监管机构管辖。诉状 显 ...