USDCoin360 Weekly Dispatch | Crypto Market Updates & Highlights | February 8-14, 2026
Trade Like You Mean It: The COIN360 Perp DEX Is Live
We’ve launched the all-new COIN360 Perp DEX, built for traders who move fast!
Trade 130+ assets with up to 100× leverage, enjoy instant order placement and low-slippage swaps, and earn USDC passive yield while climbing the leaderboard. Your trades deserve more than speed — they deserve mastery.
Weekly Crypto Market Performance
Period: February 8-14, 2026
Total crypto market cap: $2.36T
Crypto Fear & Greed Index: 9 (Extreme Fear)
BTC.D: 59.06%
Price Action
Bitcoin rose by 1.39% over Feb. 8–14, sliding from around $70,500 to $69,700 after a sharp midweek drawdown toward $65,200 on Feb. 12 before stabilizing. Ethereum followed a similar path, briefly dipping toward the $1,900 zone before rebounding into the weekend near $2,080. On Feb. 13, softer January CPI (0.2% vs 0.3% expected) shifted rate expectations toward a potential June cut (~70% odds). However, this did not reverse the weekly damage, and Bitcoin price is still below JPMorgan’s production cost estimate, which has fallen to $77,000 from $90,000 at the start of the year.
BTC repeatedly tested the 200-week EMA near $68,300 during the week; analysts noted that a weekly close below that level would echo the structural breakdown seen in 2022. Attribution for the volatility is shared between macro pressure and ETF flow reversals rather than purely technical rejection.
Market Structure
Spot ETF flows were decisively negative midweek. U.S. spot BTC ETFs recorded a net weekly outflow of approximately $359.91M (Feb. 9–13), while ETH ETFs saw about $161.15M in net outflows over the same window, with the heaviest redemptions on Feb. 11–12.
Realized losses across the Bitcoin network spiked near mid-$60,000 price levels to magnitudes comparable to June 2022’s Luna-driven capitulation, signaling stress, though leverage and liquidity conditions differ from that cycle. Fear&Greed Index rebounded to 9 from an all-time low of just 5, but is still in the Extreme Fear zone. Total crypto market capitalization has contracted roughly $1 trillion year-to-date, while stablecoin capitalization held above $300 billion, indicating defensive rotation rather than full capital exit.
Crypto-Native Fundamentals
Capital allocation patterns continue shifting structurally. VC funding has rotated away from Layer 1 and meme coin narratives toward stablecoin infrastructure, custody rails, and tokenized real-world assets, according to DefiLlama data.
Tokenized RWAs reached an all-time high of $24.6 billion during the week, with tokenized gold surpassing $5 billion. The gold fever continued as Jefferies reported significant physical gold accumulation by a non-sovereign entity with 32 tonnes in late 2025 and January 2026, while Tether has accumulated an estimated 126 tonnes (about $17 billion) and may allocate 10–15% of its portfolio to physical gold. Central banks have added over 1,000 tonnes of gold annually since 2022, the highest pace since the 1950s, reinforcing the global reserve reallocation narrative.
Macro Context
Macro crosscurrents were pronounced. A strong U.S. jobs report on Feb. 12 triggered a roughly $200 intraday drop in gold and about a 10% fall in silver, reinforcing higher-for-longer rate expectations and a stronger dollar.
Despite that commodity shock, gold remains in a broader bull phase above $5,000 per ounce, nearly 50% higher since September. Meanwhile, the Dow Jones Industrial Average pushed to a new all-time high above 50,500, reflecting rotation into traditional industrial and defensive names.
Exchange Reserves and Institutional Treasury Moves
Binance Completes $1B SAFU Conversion Into 15,000 BTC, Discloses Wallets and Rebalancing Threshold
Binance finalized the conversion of its Secure Asset Fund for Users (SAFU) into 15,000 BTC, valuing the reserve at roughly $1 billion. The conversion was completed in five tranches, with the final purchase totaling 4,545 BTC for about $305 million. Binance disclosed wallet addresses and transaction hashes tied to the process and reported an average acquisition range between roughly $67,000 and $70,000 per BTC. The exchange stated SAFU would be replenished back to $1 billion if its value drops below $800 million due to Bitcoin price volatility, and reiterated that SAFU funds remain segregated from operational accounts.
Strategy Adds 1,142 Bitcoin as BitMine Buys $84 Million Ether During February Crypto Pullback
Strategy disclosed purchasing 1,142 BTC for about $90 million between Feb. 2 and Feb. 8, 2026, at an average price of $78,815, bringing total holdings to 714,644 BTC. The company reported an aggregate acquisition cost of roughly $54.4 billion versus a market value near $49.2 billion, implying around $5.2 billion in unrealized losses. Separately, BitMine Immersion Technologies acquired approximately $84 million in ether in one day, increasing its total holdings to about 4,325,738 ETH valued near $9.14 billion. Both purchases were described in the context of the broader February crypto market pullback.
Institutional ETF Repositioning and Product Expansion
Goldman Sachs Cuts Bitcoin and Ethereum ETF Exposure in Q4, Adds $261M Across XRP and Solana Products
A Feb. 10, 2026 Form 13F filing showed Goldman Sachs reduced its spot Bitcoin ETF holdings by 39.4% to 21.2 million shares valued at $1.06 billion and trimmed its Ethereum ETF exposure by 27.2% to 40.7 million shares valued near $1.0 billion as of Dec. 31, 2025. The filing also disclosed new positions totaling $261 million across ten XRP and Solana ETFs, with $152.2 million allocated to XRP products and $108.9 million to Solana. After rebalancing, Goldman’s total crypto-linked exposure stood at $2.36 billion, representing about 0.33% of its overall portfolio.
Trump Media Files Truth Social Bitcoin & Ether ETF (60/40 Allocation) and Cronos Yield Maximizer ETF With 0.95% Fee, Crypto.com Custody
On Feb. 13, 2026, Truth Social Funds filed SEC registration statements for two crypto ETFs: a Bitcoin and Ether fund structured with a 60% BTC / 40% ETH allocation, and a Cronos Yield Maximizer ETF targeting CRO exposure and staking rewards. The filings disclosed a management fee of approximately 0.95% annually. Crypto.com was named custodian, liquidity provider, and staking services partner, with Foris Capital US LLC as execution venue, and Yorkville America Equities as adviser. The funds cannot begin operations until declared effective by the SEC.
Onchain Infrastructure and Tokenization Expansion
BlackRock’s $2.4B BUIDL Fund Goes Live on UniswapX as UNI Surges
BlackRock’s $2.4 billion tokenized USD Institutional Digital Liquidity Fund (BUIDL) became tradable via UniswapX on Feb. 11, 2026, allowing eligible institutional investors to swap tokenized shares against USDC onchain. Access was limited to whitelisted participants completing compliance onboarding through Securitize. UNI rose roughly 40% to an intraday high of $4.57 before retracing toward $3.40, with data indicating large holders sold around 5.9 million UNI near the peak. The integration was positioned as enabling faster settlement and lower-cost exchange of tokenized money-market assets through smart contracts.
LayerZero Unveils “Zero” Blockchain With Citadel and ARK Investments, Targets 2 Million TPS and $0.000001 Fees
LayerZero Labs introduced “Zero” on Feb. 10, 2026, alongside strategic backing from Citadel Securities and ARK Invest. The project was described as an institutional-grade blockchain architecture using zero-knowledge proofs to separate execution from verification. Claimed performance targets include roughly 2 million transactions per second and transaction costs near $0.000001. The roadmap outlined a Fall 2026 debut with three initial zones, including an EVM environment and a purpose-built trading venue. Tether Investments was cited as a backer, and advisory participation included Cathie Wood and executives from ICE and BNY Mellon.
Protocol Governance and Network Security
Bitcoin Moves Toward Post-Quantum Defense With BIP 360 as CoinShares Says Only 10,230 BTC Face Near-Term Risk
BIP 360 was merged into the Bitcoin BIPs repository on Feb. 13, 2026, introducing a draft Pay-to-Merkle-Root (P2MR) output type aimed at reducing quantum-related risks tied to exposed public keys. CoinShares estimated 10,230 BTC are currently vulnerable out of 1.63 million BTC in exposed-key addresses. The proposal remains in draft form and would require broader consensus for activation. Coverage referenced estimates that reversing a Bitcoin public key within a day would require approximately 13 million physical qubits, and noted that post-quantum cryptography standards were finalized by NIST in 2024.
Aave Labs Proposes “Aave Will Win” Plan to Send 100% of Product Revenue to DAO
Aave Labs submitted a governance proposal on Feb. 12, 2026 to route 100% of revenue from Aave-branded products to the Aave DAO treasury under a framework tied to Aave V4. The proposal outlined an eight-to-twelve-month migration timeline and a shift toward Labs requesting an annual DAO-approved budget in stablecoins and AAVE tokens. Community discussion intensified around governance concentration and revenue accounting transparency, including concerns that a $50 million token request represented 31.5% of the treasury in a single vote and could increase Labs’ voting influence through additional AAVE allocations.
Market Sentiment and Corporate Shockwaves
Weekly Crypto Sentiment: Earnings Misses and Bankruptcies Trigger Market Unwind as Fear & Greed Index Hits Record Low
The Crypto Fear and Greed Index fell to a record low of 5 on Feb. 6, 2026, amid more than $2.5 billion in leveraged liquidations and broader macroeconomic pressure. Bitcoin was cited declining 52% from its October 2025 high of $126,000 to $60,062. The week also featured earnings reports from major crypto-linked firms, including Coinbase posting a $667 million Q4 2025 net loss with revenue around $1.78 billion, and Robinhood reporting crypto transaction revenue down roughly 38% year-over-year to about $221 million. Shares of Robinhood fell approximately 11.5% following results.
High-Profile Crypto Campaigns
AI.com Debuts After $70 Million Crypto-Paid Domain Purchase, Super Bowl Spot Near $85 Million Campaign Hit by Traffic Crash
AI.com launched its autonomous AI agent platform following a $70 million cryptocurrency-paid domain acquisition by Crypto.com CEO Kris Marszalek, with a public reveal during Super Bowl LX on Feb. 8, 2026. The broader campaign was described as approaching $85 million in cost. After the broadcast, the website experienced 504 gateway timeout errors attributed to Google authentication rate limits during high traffic. Users reported limited initial functionality beyond handle reservations, and onboarding required linking a Google account and providing payment details for verification purposes.
Top Weekly Altcoin Gainers and Losers
Gainers:
pippin PIPPIN (+230.27%)
Humanity Protocol H (+56.62%)
Zcash ZEC (+23.54%)
Bittensor TAO (+22.71%)
Hedera HBAR (+16.67%)
Losers:
MemeCore M (-17.23%)
Aptos APT (-12.61%)
Bitget Token BGB (-10.54%)
Jupiter JUP (-3.70%)
Hyperliquid HYPE (-3.61%)
This article has been refined and enhanced by ChatGPT.
