Crypto Data and Research Reports

Venture capital firm Y Combinator interviews the popular open-source personal AI agent OpenClaw developer Peter Steinberger, who predicts that about 80% of apps will disappear, and applications that simply manage data can be automated and replaced by AI agents. OpenClaw's biggest advantage is breaking down data silos and storing data locally to ensure privacy.

On February 11, during a panel discussion at the Consensus Hong Kong 2026 conference, several industry leaders explored the development trends of tokenized real-world assets (RWA). Participants included Evan Auyang, President of Animoca Brands Group; Christian Rau, Senior Vice President of Digital Assets and Blockchain at Mastercard; Nicola White, Vice President of Crypto at Robinhood; and Marcin Kazmierczak, Co-founder of Redstone Group, who moderated the discussion. During the discussion, the guests echoed the view of Rob Goldstein, Chief Operating Officer of BlackRock: digital ledgers are the most exciting innovation in finance since the advent of double-entry bookkeeping 700 years ago. Currently, RWAs are primarily targeted at institutional investors, with demand mainly focused on tokenized money market funds, U.S. Treasuries, stablecoin integration, and collateral optimization products, such as BlackRock’s BUIDL and Robinhood’s solutions, demonstrating the increasing practical value of this field.

February 11 News, Lily Liu, Chairwoman of the Solana Foundation, shared her forward-looking ideas on the "Internet Capital Market" during a fireside chat with Conference Chair Michael Lau at the 2026 Hong Kong Consensus Conference. Lily stated that the core value of blockchain should focus on financial and market innovation rather than utopian technological ideals. She envisions achieving seamless integration from everyday payments to high-frequency trading through comprehensive tokenization of global assets, building a unified global capital formation market. Lily reviewed the development of crypto financing, from early ICOs to the current rapid financing models, emphasizing that blockchain infrastructure should serve non-crypto projects and enterprises worldwide, promoting the democratization of talent and capital. She pointed out that this technology can bring greater efficiency and fairness to global markets, especially in fostering innovation projects and attracting talent.

The Ethereum mainnet has launched the ERC-8004 standard to establish identity, reputation, and verification mechanisms for AI agents. Led by MetaMask AI leaders and others, feedback was collected from over 80 teams. A trust system is built through three on-chain registries, integrated with x402 payment. It has been deployed on 12 chains, with an ecosystem including Virtuals Protocol, ElizaOS, and more.

Over 1M SOL have been withdrawn from exchanges in 72 hours as long-term holders show confidence. Post-flush price consolidation shows that the market absorption is not renewed selling pressure. In February, TVL cooled gradually, as holders redistributed

Uniswap wins in lawsuit against Bprotocol Foundation and LocalCoin Ltd., with lawyers stating it did not infringe on related patents. Uniswap Labs reaffirms its protocol code is open source and opposes the allegations.

At the "Build and Scale in 2026" forum, several guests discussed the key challenges of the new Web3 era, including identity and trust issues, AI agent payment security, and blockchain-supported sustainable development, believing that by 2026, the industry will shift its focus to infrastructure development and practical applications.

Tether has invested in LayerZero Labs to enhance cross-chain infrastructure. Their partnership developed USDT0, an omnichain version of USDT, allowing for real-time transactions across blockchains. The investment underscores Tether's focus on expanding its crypto portfolio and technological capabilities.

BitMine holds 4.326 million ETH, accounting for 3.6% of the circulating supply, making it the largest corporate holder. On-chain data shows a single-day purchase of 40,000 ETH worth $83.4 million on Monday. Tom Lee states that the price of Ethereum does not reflect its utility, with nearly 2.9 million ETH in a staked state.

Lily Liu, Chair of the Solana Foundation, stated at the Consensus 2026 conference that blockchain is financial infrastructure, with the key being providing digital scarcity and trustworthy value. She believes that combining Web2 applications with public blockchains is essential to unlocking the full potential of the ownership economy, and native financial applications are expected to reshape the global financial system.

Grayscale research shows that Bitcoin prices are highly correlated with software stocks and have zero correlation with gold. The report's author, Zach Pandl, pointed out that Bitcoin fell 50% from $126,000 in October, while gold broke through $5,000. This reflects Bitcoin's deeper integration with traditional finance, driven by institutional participation and ETF activity, but its long-term value storage potential remains optimistic.

Grayscale report indicates that the correlation between Bitcoin and software technology stocks is as high as 0.73, showing that it has become more like a high-risk growth asset rather than a hedge. Bitcoin is currently in an evolutionary stage, and its high correlation with tech stocks stems from the popularity of ETF activities, and it will continue to evolve towards a store of value in the future.

Hyperliquid's HIP-3 set a record of $5.2 billion in daily trading volume on February 5, with silver perpetual contracts reaching $4.09 billion. TradeXYZ led the way, with precious metal contracts accounting for 90% of the trading volume. Previously, gold broke $5,000 and silver dropped below $100, leading to a sharp decline. The platform's metal trading volume has reached 1% of COMEX, transforming into a full-asset trading layer.

Bitcoin (BTC) remains in a downturn, temporarily trading around $69,160 on February 11. Federal Reserve Board member Waller warned that the cryptocurrency boom is fading as it remains closely linked to traditional finance (TradFi). The former SafeMoon CEO was sentenced to 8 years in prison for a cryptocurrency scam and ordered to forfeit approximately $7.5 million and two residential properties.

PANews February 11 News, according to Emmett Gallic monitoring, around 04:00 this morning, an entity minted 376 million BUIDL on Solana. BlackRock's BUIDL fund is one of the largest tokenized real-world asset funds, providing institutional investors with a channel to invest in U.S. Treasuries and cash equivalents on-chain.

Despite Bitcoin's price dropping nearly 40%, giant whales have increased their holdings by approximately 53,000 BTC over the past week, worth over $4 billion, stabilizing market confidence. However, the lack of widespread funding in the short term means that whether the market rebound can continue still depends on macroeconomic catalysts.

Goldman Sachs disclosed a $2.36 billion cryptocurrency exposure in its Q4 2025 13F filing, with holdings including $1 billion in BTC, $1 billion in ETH, $153 million in XRP, and $108 million in SOL. Held through regulated instruments like XRP ETFs, rather than direct holdings. Goldman Sachs manages $3.6 trillion in assets, and this move marks a shift from skepticism to cautious embrace of cryptocurrencies.

CryptoOnchain stated that when the Ethereum price drops to the $2000 range, Token Transfers (14-day moving average) surged to 2.75 million, the highest since August 2025, indicating panic selling and weak hand clearing. This kind of extreme activity usually signals the exhaustion of selling pressure and may form a local bottom.

The decentralized derivatives protocol Hyperliquid's perpetual contract market HIP-3 set a record with a $5.2 billion trading volume on February 5, mainly supported by TradeXYZ, especially the Silver contract, which accounted for 68% of the trading volume. Metal price fluctuations attracted a large number of traders, and open interest also saw significant growth.

Bitcoin remains range-bound around $69,000, with ETF inflows of $516 million, but still not fully offsetting the $2.2 billion outflow. Deribit put/call ratio surged to 3.1 before falling back to 1.7. Silver plummeted 45%, triggering a chain liquidation effect. Bitcoin is stuck in a downtrend and needs to break above $72,000. Wednesday's non-farm payrolls are expected to increase by 70,000, with market sentiment remaining cautious.