Industry News

Tracks company news, strategic changes, funding activities, and personnel adjustments across the blockchain and crypto industries, delivering a full-spectrum industry overview for our users.

BitMine stakes $282M in Ethereum despite 2.71% market dip

Despite a 2.71% dip in the total crypto market, now valued at $2.3 trillion, Tom Lee’s BitMine has aggressively purchased Ethereum, staking an additional 140,400 ETH worth $282 million on February 11. This brings its total staked ETH to nearly 3 million, valued at over $6 billion, with 69% locked and unavailable for sale. BitMine has been buying near the $2,000 support level, acquiring 60,000 ETH in the two prior days. While this signals strong long-term confidence in Ethereum, BitMine’s stock (BMNR) fell nearly 7% following the purchases. The strategy could secure a major DeFi position if successful but may face pressure if the market decline continues.

ambcrypto02/11 12:01

BitMine stakes $282M in Ethereum despite 2.71% market dip

ambcrypto02/11 12:01

Consensus Live | Avenir Group, Tiger, AMINA, and CoinRoutes Discuss Institutional Capital Efficiency and Financial Infrastructure Evolution

At Consensus Hong Kong 2026, the institutional investment narrative is structurally shifting toward multi-asset allocation, yet cross-system frictions are diluting capital efficiency. Avenir Group, in partnership with Tiger Brokers, AMINA Bank, and CoinRoutes, led a roundtable on next-generation institutional trading infrastructure. Key consensus emerged: the industry must transition from an asset-centric to a capital-centric framework to optimize efficiency in a multi-asset environment. Panelists highlighted challenges including fragmented capital utilization due to segregated systems, misaligned clearing cycles causing idle capital, and the need for natively compliant, scalable infrastructure. Avenir Group and partners signed an MOU to explore collaborative solutions, emphasizing that future competitiveness hinges on unified capital management and cross-asset operational capabilities within regulatory frameworks.

marsbit02/11 11:06

Consensus Live | Avenir Group, Tiger, AMINA, and CoinRoutes Discuss Institutional Capital Efficiency and Financial Infrastructure Evolution

marsbit02/11 11:06

Franklin Templeton and Binance Launch Tokenized Fund Collateral Program — A Major Institutional Crypto Move

Franklin Templeton and Binance have launched an Institutional Off-Exchange Collateral Program, allowing institutional investors to use tokenized shares of Franklin Templeton’s money market funds as collateral on Binance without transferring the assets to the exchange. The tokenized assets remain securely held in regulated third-party custody through Ceffu, Binance’s institutional custody partner, while Binance mirrors their value for trading purposes. This enables institutions to trade spot, derivatives, and other products on Binance while continuing to earn yield on their collateral and minimizing counterparty and exchange-related risks. The program is designed for sophisticated institutional clients and combines traditional finance security with crypto market efficiency, offering a regulated, yield-generating alternative to typical on-exchange collateral mechanisms.

ccn.com02/11 10:44

Franklin Templeton and Binance Launch Tokenized Fund Collateral Program — A Major Institutional Crypto Move

ccn.com02/11 10:44

BTC Halved, DAT Companies Face Billions in Paper Losses: Who is 'Selling to Stop the Bleeding'?

BTC's sharp decline from its $120,000 peak in late 2025 to around $60,000 has triggered significant unrealized losses for several Digital Asset Treasury (DAT) companies, forcing some to sell off crypto holdings to manage financial strain. Cango Inc. sold 4,451 BTC (nearly half its holdings) to repay a BTC-collateralized loan, as mining costs exceeded Bitcoin's current price. Empery Digital, which bought BTC near the peak at around $117,000, sold portions of its holdings to fund share buybacks and debt repayment amid a 57% unrealized loss. Bitdeer shifted from a “HODL” strategy to regularly selling mined BTC to prioritize cash flow. Sequans Communications became the first DAT company to sell Bitcoin (970 BTC) to redeem convertible bonds, highlighting debt-driven sell-offs. ETHZilla, an Ethereum-focused DAT, sold over 32,000 ETH to manage leverage and transition toward real-world asset (RWA) tokenization. These moves underscore the vulnerability of highly leveraged DAT firms in a bear market. While large players may hold on, mid-tier and smaller companies face pressure to deleverage, signaling a market shift from narrative-driven expansion to financial survival and operational sustainability.

Odaily星球日报02/11 10:35

BTC Halved, DAT Companies Face Billions in Paper Losses: Who is 'Selling to Stop the Bleeding'?

Odaily星球日报02/11 10:35

MEXC Surges to Third Place Among Global Crypto Exchanges, Doubles Trading Volume in 2025

MEXC has surged to become the third-largest global cryptocurrency exchange by spot trading volume, capturing 7.8% market share with $1.5 trillion in trades throughout 2025, according to Coingecko. The platform achieved 90.9% year-over-year growth, far exceeding the industry average of 7.6%. Its success is attributed to a retail-focused strategy and a transformative zero-fee trading model, which attracted new and active traders. While major competitors like Binance and Bybit saw declining volumes, MEXC grew alongside other rising exchanges. The exchange aims to continue removing barriers to entry and enhancing user experience, supporting its position as a top player in the crypto market.

TheNewsCrypto02/11 10:17

MEXC Surges to Third Place Among Global Crypto Exchanges, Doubles Trading Volume in 2025

TheNewsCrypto02/11 10:17

Industry First! Huobi HTX Launches "New Capital Rebate Pilot" Program with Up to 20% Incentives

Huobi HTX, a leading cryptocurrency exchange, has launched an industry-first pilot program called the "New Funds Rebate" initiative, officially starting on February 6, 2026. This innovative scheme shifts the focus from traditional trading-volume-based rebates to incentivizing genuine new capital deposits and long-term asset retention on the platform. The program targets real net new funds—assets deposited and held by users' historical baselines—effectively excluding internal transfers or short-term flows. Eligible users must register via personal or sub-partner referral codes. The rebate is calculated based on the actual amount of new capital effectively retained. The reward structure includes three tiers: a base 8% rebate on all eligible new funds, an additional 8% limited-time bonus for Q1 2026, and an extra 4% for partners who attract over 20 million USDT in new funds during the same quarter. This allows a maximum total rebate of up to 20%. The program supports 21 major cryptocurrencies, including USDT, USDC, ETH, SOL, and TRX, ensuring broad accessibility. By encouraging genuine capital growth and long-term holding, Huobi HTX aims to build a more sustainable Web3 ecosystem where users and the platform share in the benefits of organic growth. The pilot runs until June 30, 2026.

marsbit02/11 09:18

Industry First! Huobi HTX Launches "New Capital Rebate Pilot" Program with Up to 20% Incentives

marsbit02/11 09:18

Goldman Sachs Broadens Portfolio With Strategic XRP, Solana ETF Stakes

Goldman Sachs significantly expanded its cryptocurrency ETF holdings to $2.36 billion in Q4 2025, as per its 13F filing. The portfolio includes $1.1 billion in Bitcoin ETFs and $1.0 billion in Ethereum ETFs. Notably, the bank reported new exposures of $153 million in an XRP ETF and $108 million in a Solana ETF, marking its first investments in these altcoin funds. This strategic diversification reflects growing institutional confidence in digital assets beyond Bitcoin and Ethereum, while also mitigating custody risks. Crypto ETFs now represent approximately 0.33% of the bank’s total portfolio, aligning with broader Wall Street adoption trends and regulatory developments.

TheNewsCrypto02/11 08:54

Goldman Sachs Broadens Portfolio With Strategic XRP, Solana ETF Stakes

TheNewsCrypto02/11 08:54

Goldman Sachs Reports $2.3B in BTC, ETH, XRP — The Catch: It Doesn’t Hold Any Tokens

Goldman Sachs disclosed $2.36 billion in crypto exposure in its Q4 2025 13F filing, representing 0.33% of its $3.5 trillion portfolio. The exposure is entirely through ETFs, with no direct token holdings. Bitcoin and Ethereum ETFs form the core of the allocation, with approximately $1.06–$1.1 billion in BTC ETFs and over $1 billion in ETH ETFs. The bank also initiated new positions in XRP ($152–153M) and Solana ($108–109M) ETFs. Despite trimming its largest holdings, Goldman’s overall crypto allocation increased by 15% quarter-over-quarter, signaling continued institutional interest through regulated products rather than direct ownership.

ccn.com02/11 08:12

Goldman Sachs Reports $2.3B in BTC, ETH, XRP — The Catch: It Doesn’t Hold Any Tokens

ccn.com02/11 08:12

Why Hyperliquid is ‘quietly outgrowing’ Coinbase on THESE fronts

Hyperliquid, a decentralized exchange (DEX), is significantly outperforming Coinbase in key metrics, with nearly double the notional trading volume ($2.6T vs. $1.4T). Its native token, HYPE, has also delivered superior investor returns, up 32% YTD compared to COIN's 27% decline. Both platforms are competing to become an "everything exchange," but Hyperliquid has rapidly expanded beyond crypto into tokenized assets like gold and silver, which now account for over 30% of its volume. It currently handles 10% of Binance’s perpetual volumes, 32% of Bybit’s, and 24% of OKX’s. Despite regulatory risks being a concern, Hyperliquid’s growth continues, with its token eyeing key support levels amid renewed market interest.

ambcrypto02/11 06:31

Why Hyperliquid is ‘quietly outgrowing’ Coinbase on THESE fronts

ambcrypto02/11 06:31

Bitcoin Miner Cango Sells 4,451 BTC In Strategic AI Pivot

Bitcoin miner Cango has sold 4,451 BTC for approximately $305 million in USDT, using the proceeds to partially repay a Bitcoin-collateralized loan. The sale is part of a strategic shift toward AI compute services, leveraging its global infrastructure to provide distributed computing capacity for the AI industry. While maintaining its Bitcoin mining operations—currently ranked joint third-largest globally—Cango plans a phased entry into AI, starting with serving small and medium enterprises and later developing a software orchestration platform. The company has appointed a former Zoom executive as CTO for its AI business. This move mirrors similar pivots by other miners, like Bitfarms, toward AI-focused ventures. Bitcoin is currently trading around $68,900.

bitcoinist02/11 05:02

Bitcoin Miner Cango Sells 4,451 BTC In Strategic AI Pivot