The three major U.S. stock indices edged lower, with Micron Technology rising nearly 10%

Anthropic Raises $30B as AI Boom Sparks Crypto Concerns

Anthropic's recent $30 billion fundraising and projections of $18 billion in revenue by 2026 highlight its strong financial growth in AI. This surge is impacting software stocks, which are declining as AI tools gain dominance. Bitcoin also shows a strong link with software stocks, influenced by private credit flows.

Harvard Among Top 20 Holders of iShares Bitcoin Trust

Harvard University has significantly increased its investment in Bitcoin ETFs, surpassing its holdings in individual stocks. With around $442.8 million in Bitcoin ETFs, it reflects a broader trend among institutional investors embracing digital assets as key components of diversified portfolios.

Digital assets + TradFi full integration: tokenized stocks, USDT settlement, and 24-hour trading reshape the global market

On February 13, it was reported that the global financial system is undergoing a profound restructuring. Digital assets, once considered a "parallel world" to traditional finance (TradFi), have now formed a tightly connected trading network. Cryptocurrencies, born 16 years ago, have evolved from fringe experiments into a vital part of the mainstream capital system and are changing the way funds flow across markets. The core driver of this trend is the rise of new-generation integrated trading platforms. They break down long-standing asset barriers, enabling more efficient switching between cryptocurrencies, stocks, forex, and commodities. Through native digital settlement mechanisms, real-time confirmation, and lower cost structures, investors can achieve multi-asset allocation within the same ecosystem, avoiding frequent transfers of funds between traditional banks and brokerage systems.

Russia's return to USD settlement triggers market turbulence. Can Bitcoin brew a reversal above $60,000?

February 13 News, geopolitical tensions continue to impact global risk assets. Since the beginning of this week, financial market capitalization has evaporated by approximately $120 billion, with major stock indices retreating to pre-election levels. Amid rising risk aversion, gold initially rebounded but experienced a 3.19% decline on February 12, indicating that market sentiment is still rapidly shifting. On the same trading day, Bitcoin fell by 1.2%, and the U.S. stock market's S&P 500 index dropped by 1.57%, showing a synchronized weakening trend. Bloomberg reported that Russia is re-expanding the use of the US dollar in cross-border settlements, a move seen as an important signal for the global currency landscape. From a technical perspective, the US dollar index, after more than a year of correction, has returned to the 2022 range, and the potential for a rebound could enhance the attractiveness of dollar assets.

Cathie Wood strikes again: Ark invests over $20 million to increase holdings in Bitmine and Bullish, betting on a reversal after the decline in crypto assets

On February 13, Cathie Wood's Ark Invest once again increased its holdings in cryptocurrency-related stocks, defying market sentiment and making contrarian moves. According to disclosed data, Ark purchased a total of 212,314 shares of Ethereum treasury company Bitmine through three ETFs, worth approximately $4.2 million based on the closing price of the day. Bitmine rose slightly by 1.4% that day to $19.74, but has declined by 36.7% over the past month. On the same day, Ark also increased its holdings by 74,323 shares of Bullish stock, valued at about $2.4 million. This marks Ark's 11th consecutive trading day of adding to this position. Bullish closed down 0.5% at $31.71 that day, with a nearly 30-day decline of 18%. Additionally, Ark bought approximately $12.4 million worth of 174,767 Robinhood shares, which fell 8.9% on the day, with a monthly decline expanding to 40%.

COIN's earnings report "slows down," prompting Wall Street to collectively cut target prices, with the stock price down 40% year-to-date.

On February 13, news reports that the US leading cryptocurrency company announced its Q4 earnings that fell short of market expectations, quickly prompting Wall Street analysts to collectively revise their ratings and target prices. Institutions such as JPMorgan Chase and Canaccord have downgraded their valuation expectations for COIN, reflecting the ongoing impact of the current crypto market weakness on the company's fundamentals. JPMorgan Chase pointed out that the decline in digital asset prices and trading activity directly compressed COIN's trading volume and fee income. Although the bank maintained an "Overweight" rating, it lowered its target price from $290 to $252. Analyst Kenneth Worthington's team mentioned that operating expenses increased by 22% year-over-year, and the shift towards low-fee advanced trading models and subscription services has put short-term pressure on profit margins.