地缘政治冲突频发、主要经济体货币政策与债务前景晦暗不明的当下，国际黄金价格持续走高，释放出强烈的避 险信号，亦成为全球金融市场的核心焦点。诚然，本轮黄金牛市依然遵循着法币信用衰退等周期性规律，看似并 无新意，但在这一熟悉的"历史韵脚"深处，却涌动着前所未有的全新变数。来自加密金融领域的"非传统玩家"正 将实物黄金引入区块链网络，这不仅重塑了黄金资产的流动性边界，更为国际货币体系的深层变革提供了一种全 新的实践逻辑。 截至目前，全球最大的稳定币发行商Tether公司已累计持有约140吨实物黄金。这一规模使其仅次于各国央行、主 要黄金交易型基金（ETF）以及少数大型商业银行，跻身全球最重要的黄金持有者之列，甚至超过了不少中等国 家的官方黄金储备。更具深远意义的是，这标志着Tether的角色正从一种单纯的"法币代管与支付工具"，演化为一 个具备独立资产配置意志甚至潜在货币创造能力的金融"新物种"。 鉴于中国人民银行行长潘功胜在2025金融街论坛年会上明确指出要"密切跟踪、动态评估境外稳定币的发展"， Tether的这一角色转向，无疑是当前国际货币体系与监管框架中最可能引发"裂变"的关键动向之一。 从货币制度的角度看 ...

Cryptocurrency Market Overview - Leading cryptocurrencies, including Bitcoin, experienced a significant selloff, with Bitcoin dropping below $73,000, marking its lowest level since November 2024, resulting in over $750 million in liquidations amid "extreme fear" sentiment [1] - The global cryptocurrency market capitalization decreased to $2.59 trillion, with analysts suggesting a potential short-term relief rally despite prevailing bearish expectations [1] Circle and Coinbase Trades - Circle, the issuer of USDC, saw its stock decline by 4.59% on the same day Bitcoin fell [2] - Ark Invest's ARKF fund purchased 3,510 shares of Coinbase Global Inc for approximately $630,606, while Coinbase's stock price dropped by 4.36%, closing at $179.66 [3] Market Pressure on Crypto Equities - Shares of Coinbase and other crypto-related companies traded lower after Bitcoin fell below $80,000, influenced by a tightening U.S. liquidity environment affecting high-risk assets [4] - The sell-off impacted crypto equities as investors reacted to ETF losses and declining market confidence across the sector [4] Ark Invest's Trades in Digital Assets - ARKF, ARKK, and ARK Next Generation Internet ETF funds collectively bought 89,677 shares of Robinhood, valued at around $7.8 million [5] - ARKF and ARKW funds acquired a total of 135,131 shares of ARK 21Shares Bitcoin ETF, valued at approximately $3.4 million, despite the ETF experiencing a 1.97% decline, closing at $25.36 [6] - ARKF and ARKK funds purchased 125,218 shares of Bullish, valued at approximately $3.5 million, with Bullish's stock declining by 3.93%, closing at $27.64 [8] Ark's Investment Strategy - Ark's investment in Bullish aligns with its strategy of supporting companies integral to the trading and exchange of digital assets, with Bullish backed by PayPal co-founder Peter Thiel [9] - Coinbase accounted for 3.52% of Ark's portfolio by weight, while Bullish represented 1.15%, with Ark's Bullish holdings valued at $138.6 million at the time of writing [9] Additional Insights - Benzinga Edge Stock Rankings indicate that Coinbase stock has a Value in the 55th percentile and a Momentum in the 4th percentile [10]

U.S. Treasury is investigating whether crypto platforms and infrastructure are facilitating sanctions evasion by Iran, shifting enforcement focus from individual wallets to "service layer" systems like exchanges, stablecoin ramps, and liquidity hubs. With Iran’s annual crypto transaction volume estimated between $8 billion and $10 billion, OFAC has for the first time sanctioned crypto exchanges operating within Iran’s financial system. https://t.co/A0fmuKuz0A ...

Group 1 - Bitcoin has hit new lows for the year, briefly falling below $73,000, marking levels not seen since November 2024 [1][5] - Crypto-linked stocks such as Coinbase, Strategy, Circle, and Gemini have experienced declines of at least 15% over the past five trading days [1][5] - The recent drop in Bitcoin coincided with a broader sell-off in risk assets, including significant declines in major U.S. tech stocks [2][3] Group 2 - Some experts suggest there may be a "value zone" for Bitcoin in the mid-$70,000s, although it recently traded above $76,000 [2] - Predictions for Bitcoin prices are pessimistic, with a 48% probability placed on prices hitting $70,000 or below in the near term [4] - A shorter-term events contract indicates that bettors expect Bitcoin prices to end below current levels by the end of February [5]

Ondo Finance is expanding access to more than 200 tokenized U.S. stocks and exchange-traded funds (ETFs) across Europe through an extended partnership with Blockchain.com. The real-world asset (RWA) tokenization platform announced on Feb. 3 that the rollout will allow eligible users in up to 30 European Economic Area (EEA) countries to buy, sell and hold regulated, tokenized U.S. equities directly inside the Blockchain.com DeFi Wallet. The assets are delivered via Ondo Global Markets, bringing on-chain e ...

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 - Bitcoin has reportedly caused US spot ETF holders to incur $7 billion in paper losses after its price fell below $80,000, with a brief trade near $74,600 before recovering to around $77,000 [1] - The average ETF buyer entered the market near $90,000, leading to approximately 15% losses for many holders, which creates a feedback loop that pressures Bitcoin prices as investors sell to break even [3] - US spot ETFs currently hold about 1.29 million Bitcoin, representing roughly 6.5% of the total supply, and this significant holding can lead to increased volatility during market downturns [4] Group 2 - Analysts warn that Bitcoin could decline towards $65,000 if ETF redemptions continue to rise and new demand remains low [2] - Unlike ETF investors, who may not hold through market volatility, companies like Strategy (formerly MicroStrategy) hold Bitcoin on their balance sheets and have a billion-dollar cushion to absorb price swings, providing them with more flexibility [6] - The recent drop in Bitcoin prices resulted in over $800 million in leveraged trades disappearing quickly, indicating a rapid loss of liquidity in the market [4]

Galaxy Digital posted a near half-billion net loss for 2025 as falling crypto prices hammered the company’s digital asset holdings. The New York-based firm reported a $241 million net loss for the fourth quarter alone, when Bitcoin fell nearly 25%. For the full year, Galaxy’s losses reached $482 million. “If you had told me a year ago, with gold at the highs and NASDAQ at the highs, and a very friendly administration, that we would be lower, I’d have said no way,” CEO Mike Novogratz said on the company’ ...

Market Overview - Bitcoin has experienced a significant decline, falling over 15% weekly and reaching a low of $73,111, its lowest in 15 months, before partially rebounding to $74,744, still down more than 4% on the day [1] - Broader market trends show declines in traditional indices, with the S&P 500 and Nasdaq Composite down 1.41% and 2.22% respectively [1] Impact of Tech Stocks - Major tech stocks, particularly PayPal, have contributed to market declines, with PayPal dropping over 19% following its earnings report [2] - The shift away from risk-on assets is exacerbated by a partial U.S. government shutdown, now in its fourth day [2] Crypto Market Performance - Crypto-related equities, including Coinbase and firms like Strategy and BitMine Immersion Technologies, have also seen declines of over 7% since market opening [3] - Other cryptocurrencies, such as Ethereum and Solana, have fared worse than Bitcoin, dropping 9.6% and 7.1% respectively, now trading at $2,118 and $97.10, significantly below their 2025 all-time highs [4] Liquidation Trends - Bitcoin has led the crypto market in liquidations, with nearly $234 million in long liquidations reported, contributing to a total of $659 million in liquidated positions over the last 24 hours [5] Future Price Predictions - Analysts, including Galaxy Digital's Alex Thorn, suggest Bitcoin may trend lower towards its 200-week moving average of $58,000 due to structural weaknesses and lack of near-term catalysts [6] - Thorn also noted a violation of Bitcoin's "debasement trade" narrative in light of gold's recent surge to an all-time high above $5,600 per ounce, indicating a potential shift in investor sentiment [7] Investment Perspectives - Cathie Wood, with vested interests in Bitcoin, has expressed that gold may currently be in a bubble, contrasting with fears surrounding artificial intelligence investments [8]