Crypto Breakfast ｜February 12

U.S. January seasonally adjusted non-farm payrolls increased by 130,000, far exceeding market expectations and the largest increase since April 2025; the unemployment rate unexpectedly fell to 4.3%, hitting a new low since August 2025. After the non-farm report, traders lowered expectations for Fed rate cuts.
2. Trump highly praises the non-farm data and urges the Federal Reserve to cut rates to the "lowest in the world."
Trump met with the Prime Minister, stating that reaching an agreement with Iran would be the "top priority." Negotiation is still the best option—no more missile launches, because every missile costs everyone’s wallet.
Coinbase launches Agentic Wallets, positioning this product as payment infrastructure, directly integrated into Coinbase’s existing custody and compliance system, rather than just an agent framework.
5. BlackRock BUIDL launches on Uniswap: BlackRock’s tokenized US debt fund BUIDL integrates with Uniswap via Securitize, marking its first step into DeFi.

6. XRP Ledger surpasses Solana in RWA tokenization value: XRP Ledger’s total RWA tokenization value exceeds Solana, with ownership structure showing stronger institutional participation.
JPMorgan reports that institutional inflows and improving fundamentals will drive recovery for the rest of 2026.
8. Ethena launches suiUSDe on Sui: Synthetic USD suiUSDe launches on the Sui mainnet, with a $10 million yield treasury.
Bloomberg: UK Treasury chooses HSBC blockchain platform for pilot issuance of digital government bonds. Are traditional institutions still dismissing Ethereum?
Lighter introduces perpetual contract trading funding rate rebate mechanism, with a maximum ratio of up to 15%.
Coinglass platform data shows Binance experienced outflows of $3.76 billion in 24 hours. Binance responds: this is a third-party data issue; platform inflows and outflows are normal.
Bithumb admits to "serious flaws," with internal systems vulnerable to potential disruption.
Denmark’s largest bank, Danske Bank, offers Bitcoin and Ethereum ETPs to investors, ending an eight-year crypto "ban."
14. Stripe preview supports x402: settling with USDC on Base, targeting "AI agent payment"; also reported to incubate stablecoin payment L1 "Tempo."

【Bitcoin Market Analysis】 Bitcoin spot BTC ETF recorded a net inflow of $145 million, continuing the $371 million inflow on Friday, ending the previous streak of outflows, indicating renewed institutional demand. Spot ETH ETF also shifted from three days of outflows to a net inflow of $57 million.

Ongoing institutional inflows will boost market confidence. The $60,000 phase bottom is still being tested, followed by continued oscillation and adjustment, then a rebound, after which a secondary bottom will form. By Q3, the market is expected to continue soaring.

Altcoins have been restless again these days, with CEXs casually pulling 100%, so everyone should be cautious of risks.

【Risk Reminder】 Digital assets are highly volatile, with extremely high risks. Please participate cautiously, avoid full-position gambling, and refuse loans and leverage.