Coinbase Listing Roadmap Addition: ETH Gas (GWEI)

**Crypto Bear Market Tied to 4-Year Cycle, Not Single Culprit: Bitwise’s Hougan** On February 11th, Bitwise Asset Management CIO Matt Hougan told CNBC’s *ETF Edge* that the crypto market’s three prior bear markets stem from its "four-year cycle"—pushing back against the idea of a single villain for Bitcoin’s current pullback. Hougan noted investors are now favoring alternative popular assets like gold and AI stocks over crypto. He added there’s "some quantum computing risk" and market jitters around Fed Chair nominee Kevin Warsh, emphasizing these factors get amplified in bear markets. Still, he argued Bitcoin’s weakness won’t derail crypto-focused ETF momentum, citing the market’s current "self-fulfilling prophecy" dynamic. Beneath the surface, good news is unfolding slowly, Hougan said—adding Bitcoin’s financialization doesn’t undermine its scarcity case. "It may shift intraday or short-term trading, but the 21 million total supply is a fundamental fact: all derivative de

On Feb 11, per LookOnChain monitoring, a whale address 3NVeXm deposited 2,500 BTC to Binance an hour ago — valued at roughly $172.56 million.

As of February 11, Robinhood has announced via official sources that its developer-focused Robinhood Chain testnet is now live, enabling builders to construct infrastructure on the network. Robinhood Chain is reportedly a finance-grade Ethereum Layer 2 network built on Arbitrum, engineered to support real-world assets. Per the announcement, the initiative aims to speed up the growth of on-chain financial services—kicking off with tokenized real-world assets and digital assets. Developers can now build on Robinhood Chain’s core infrastructure and test use cases ahead of the mainnet launch.

February 11th — Bitget market data shows U.S. equities closed Tuesday’s session with mixed early moves: the Dow Jones Industrial Average (Dow) was up 0.1% initially, while the S&P 500 fell 0.3% and the Nasdaq Composite dropped 0.59%. Cryptocurrency-related stocks were broadly lower, with the following notable moves: - Coinbase (COIN): Down 2.83% - Circle (CRCL): Down 0.58% - MicroStrategy (MSTR): Down 3.93% - Gemini (GEMI): Down 7.72% - Bit Digital (BTBT): Down 3.87% - Strategic Elements (BMNR): Down 6.99% - SharpLink Gaming (SBET): Down 6.47% - ETHZilla (ETHZ): Down 7% - ALT5 Sigma (ALTS): Down 6.21% - American Bitcoin (ABTC): Down 4.76% - Kindly MD (NAKA): Down 4.91% - Solana Co (HSDT): Down 6.64%

On February 11th, Hyperliquid’s HIP-3 permissionless perpetual contract market reported a daily trading volume of $5.2 billion on February 5th—its highest single-day record since the protocol launched in October 2025. As the leading market maker on HIP-3, TradeXYZ holds nearly 90% of total trading volume via its perpetual contracts across precious metals, stock indices, and individual stocks. TradeXYZ’s silver perpetual contract alone generated $4.09 billion in volume on February 5th, accounting for roughly 68% of that day’s total HIP-3 activity. This surge is tied to the commodity’s price volatility, which has drawn traders seeking alternatives to crypto assets.