SBF Posts Statement Protesting Conviction Reversal

On February 11, Denmark’s largest lender Danske Bank launched Bitcoin and Ethereum exchange-traded products (ETPs) for investors, putting an end to its eight-year cryptocurrency-related restriction. Danske Bank attributed the policy shift to surging customer demand for crypto offerings. Previously, the bank had explicitly stated it would not provide any cryptocurrency services. Though it notes the crypto market has matured in recent years, the lender still stresses it does not recommend crypto as an asset class.

**Feb 11: Solana Meme Coin COPPERINUS Hits $11.4M Market Cap, Up 54% in 24H** Per GMGN monitoring data, the Solana-based meme coin COPPERINUS boasts a market cap exceeding $11 million—currently sitting at $11.41 million—with a 24-hour surge of more than 54%. Earlier reports note that on January 27, Echo XYZ founder Cobie took to X (formerly Twitter) to tweet about “Copper Inu.” The post sparked the launch of multiple similarly named meme coins, “COPPERINU,” on Solana. In his tweet, Cobie stated: “You don’t have to fear waking up one day to find Copper Inu dominating the entire copper market share. They won’t pop up with new tokens to undercut existing values on Pump Fun every few seconds like some digital assets.” BlockBeats urges users to exercise caution: Meme coin trading carries extreme volatility, relying heavily on market sentiment and hype with no inherent value or practical use case. Investors should be mindful of these risks.

February 11 — Sources say former President Trump is privately weighing whether to withdraw from USMCA, adding fresh uncertainty to the key renegotiation between the U.S., Canada and Mexico. Sources add Trump has asked aides why he shouldn’t leave the pact he signed during his first term, though he hasn’t explicitly signaled he will take that step. A White House official, in response to the reports, noted Trump is the final decision-maker and is consistently pushing for a better deal for Americans. The official also said talk of potential moves is unfounded speculation until Trump formally announces his plans. USMCA is scheduled for a mandatory review on July 1, at which point a decision could be made on extending the pact. What was once expected to be a routine process has now become a contentious negotiation. Trump has demanded additional trade concessions from Ottawa and Mexico City, and is pressing them to tackle unrelated issues including immigration, drug trafficking and

On February 11, Mike McGlone—senior commodity strategist at Bloomberg Intelligence—stated that crypto assets relative to metals have broken below a key support level, suggesting the trend may persist through 2026. Per the chart, the Bloomberg Galaxy Crypto Index (BGCI) relative to the Bloomberg Commodity Total Return Subindex (BCOMAMT) has fallen below its prior support around 510. This support level was first set in 2018, with 2017 as the base year (100).

On February 11, The Block reported that Robinhood’s stock price dipped on Tuesday following the company’s announcement of a year-over-year decline in fourth-quarter cryptocurrency business revenue. However, analysts at research and brokerage firm Bernstein noted this weakness reflects temporary “crypto market stress,” reaffirming their $160 price target. While Robinhood’s total platform revenue hit an all-time high, its cryptocurrency trading revenue fell 38% year-over-year to $221 million. Bernstein analysts said the revenue softness tied to reduced crypto trading activity was “in line with expectations,” adding there’s no need to turn bearish as the stock nears a cyclical low. Despite “crypto market stress,” the company’s various business metrics remained “robust” in Q4. Additionally, Robinhood Banking—set to launch by the end of 2025—has already attracted over 25,000 funded accounts with a total balance exceeding $400 million. Analysts highlighted Robinhood’s prediction market

On February 11, U.S.-listed Hyperliquid Strategies (PURR) — the treasury arm for HYPE — released its financial report, noting it spent $129.5 million to acquire 5 million HYPE tokens at a weighted average price of $25.90. The firm currently maintains a $125 million cash reserve.