Harvard University's Bitcoin ETF holdings surpass the market value of its Google parent company Alphabet.

Gate Daily (February 11): Federal Reserve warns of cooling crypto craze; former SafeMoon CEO sentenced to 8 years in prison

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.

Multiple traditional financial asset prices fluctuate, with gold and Brent crude oil experiencing slight increases.

According to the latest data from Gate, the price of gold has risen to $5,042.10 per ounce, while silver has slightly increased to $81.60 per ounce. The volatility indices for BTC and ETH have slightly decreased, WTI crude oil has fallen by 0.11%, and Brent crude oil has increased by 0.13%.

State Street Bank warns: If the Federal Reserve aggressively cuts interest rates, the US dollar could depreciate by 10% this year

Bank of America strategist warns that if the Federal Reserve adopts aggressive easing, the US dollar could depreciate by 10% this year, marking the worst in a decade. Two rate cuts are the baseline, and three are also possible, as narrowing interest rate differentials prompt overseas investors to sell dollars. Trump nominates Kevin Warsh to succeed Powell as Federal Reserve Chair, expecting more aggressive rate cuts. Currently, the interest rate is 3.50%-3.75%, and CME indicates the first of two rate cuts is expected in June.

Goldman Sachs reveals $2.3 billion in cryptocurrency investments! From skepticism to embracing BTC and XRP assets

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.

Hyperliquid's HIP-3 single-day trading volume surpasses $5 billion, with the precious metals surge boosting activity

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.

Why is Bitcoin's rebound stalling? Cautious sentiment ahead of non-farm payrolls, ETF has not filled the outflow gap.

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.