Market snapshot
- Bitcoin: SkyBridge’s Anthony Scaramucci said the firm has been buying the dip — adding BTC around $84k, $63k and in the current lower range, signaling continued institutional appetite for spot exposure. (Source: CoinDesk)
- Ether: Technical analysis points to a “large demand zone” below $2,000 as a key area where buyer interest may concentrate, indicating downside risk for now but a clear level for watchlists. (Source: Cointelegraph)
- Mining / equities: Canaan reported its strongest quarter in three years but its shares sank ~7%, trading near $0.56 and needing to reclaim $1 by July to avoid a potential Nasdaq delisting. (Source: Cointelegraph)
Protocols & infrastructure
- LayerZero unveiled the planned “Zero” chain, backed by investors including Citadel and ARK; LayerZero Labs says Zero could scale toward two million TPS using zero-knowledge proofs and Jolt, with a fall 2026 launch targeted. (Source: Cointelegraph)
- Robinhood is testing its own Arbitrum-based Ethereum layer‑2 (Robinhood Chain) as it pushes into tokenized stocks and 24/7 trading plumbing for DeFi integration. (Sources: CoinDesk, Cointelegraph)
- Solana: Lily Liu advocated building “internet capital markets,” emphasizing finance-focused product strategy and Asia’s central role at Consensus Hong Kong. (Source: CoinDesk)
Policy, regulation & politics
- U.S. policy: Reporting from a White House meeting shows bankers resisted compromise and pushed for a ban on stablecoin yield products, highlighting continued friction between crypto firms and traditional finance in regulatory talks. (Source: CoinDesk)
- Political spending: Crypto PAC Fairshake deployed $5 million into an Alabama Senate primary, the industry’s active campaign-finance engagement as it backs pro-crypto candidates. (Source: CoinDesk)
- Hong Kong: The city’s chief executive reaffirmed government support for local digital-asset and Web3 growth at Consensus, underscoring Asia’s pro-industry policy posture. (Source: CoinDesk)
- Enforcement: SafeMoon’s former CEO was sentenced to eight years over a $9M investor fraud; co-conspirators remain at large, underscoring ongoing legal risk in the space. (Source: Cointelegraph)
Key takeaways
- Institutional buyers remain active in BTC, willing to accumulate across wide price ranges.
- Ether faces meaningful support below $2k — downside to watch but a potential entry zone for buyers.
- The ecosystem is expanding infrastructure (LayerZero Zero, Robinhood Chain) even as regulatory and legal pressure intensify in the U.S.; Asia (notably Hong Kong) stays supportive.
Sources
- LayerZero unveils ‘Zero’ chain, with Citadel, ARK backing — https://cointelegraph.com/news/layerzero-launching-zero-blockchain-with-backing-from-citadel-ark?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
- Solana’s Lily Liu champions internet capital markets at Consensus Hong Kong 2026 — https://www.coindesk.com/markets/2026/02/11/solana-s-lily-liu-champions-internet-capital-markets-at-consensus-hong-kong-2026
- SkyBridge’s Scaramucci is buying the bitcoin dip, calls Trump a crypto President — https://www.coindesk.com/markets/2026/02/11/we-are-a-buyer-of-bitcoin-in-this-market-skybridge-s-scaramucci-says
- Ex-SafeMoon chief sentenced to 8 years over $9M investor fraud — https://cointelegraph.com/news/safemoon-ceo-sentenced-8-years-crypto-scam?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
- Hong Kong continues to support local digital asset community growth, chief executive says — https://www.coindesk.com/business/2026/02/11/hong-kong-continues-to-support-local-digital-asset-community-growth-chief-executive-says
- Robinhood starts testing its own blockchain as crypto and tokenization push deepens — https://www.coindesk.com/business/2026/02/11/robinhood-starts-testing-its-own-blockchain-as-crypto-and-tokenization-push-deepens
- Robinhood launches Ethereum layer-2 testnet for tokenized assets — https://cointelegraph.com/news/robinhood-launches-ethereum-layer-2-testnet-for-tokenized-assets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
- Crypto PAC Fairshake leaps into first midterm Senate race with $5 million in Alabama — https://www.coindesk.com/policy/2026/02/10/crypto-pac-fairshake-leaps-into-first-midterm-senate-race-with-usd5-million-in-alabama
- Crypto miner Canaan sinks 7% despite strongest quarter in 3 years — https://cointelegraph.com/news/crypto-miner-canaan-shares-fall-on-q4-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
- Crypto’s banker adversaries didn’t want to deal in latest White House meeting on bill — https://www.coindesk.com/policy/2026/02/10/crypto-s-banker-adversaries-didn-t-want-to-deal-in-latest-white-house-meeting-on-bill
- Large demand zone below $2K ETH price gives signal on where Ether may go — https://cointelegraph.com/news/large-demand-zone-below-dollar2k-eth-price-gives-signal-on-where-ether-may-go?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
- What to expect at CoinDesk’s Consensus Hong Kong 2026 — https://www.coindesk.com/business/2026/02/10/what-to-expect-at-coindesks-consensus-hong-kong-2026
Disclaimer: Not financial/professional advice