Market commentator The Kobeissi Letter highlighted on Monday the massive scale of Tether (CRYPTO: USDT) in the U.S. treasuries market.

Tether’s Profit Strategy Via US Treasuries

In an X post, Kobeissi Letter said that the “stablecoin market is ripe for disruption,” emphasizing how Tether has become the 17th-largest holder of U.S. sovereign debt,  totaling roughly $135 billion. This places the company ahead of big economies such as South Korea, Saudi Arabia and Germany.

When a user or institution wants to buy USDT, they deposit dollars into a Tether bank account. Tether then invests these dollars to buy treasury bills, earning billions in interest income.

Notably, Tether reported…

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Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong championed cryptocurrency and tokenization on Monday, emphasizing that they open up investment opportunities to billions.

‘A Great Equalizer’

In an X post, Armstrong argued that the two technologies would democratize wealth creation by providing a “level playing field” for people worldwide.

“Crypto and tokenization will be a great equalizer, giving billions a level playing field to pursue wealth creation,” the cryptocurrency mogul said.

Armstrong drew on psychologist Jordan Peterson’s view that we should prioritize “equality of opportunity” instead of “equality of outcomes.”

Asset Tokenization: The Future Of… Read more on Benzinga

Bitcoin is holding above $70,000 despite broader risk-off pressure across global equities, as markets await key U.S. jobs data scheduled for Wednesday.

Notable Statistics:

Coinglass data shows 102,178 traders were liquidated in the past 24 hours for $408.19 million.

In the past 24 hours, top gainers include Kite, Humanity Protocol and World Liberty Financial.

Notable Developments:

Trader Notes: Crypto chart analyst Ali Martinez highlighted that Bitcoin has historically formed major market bottoms near the −1.0 MVRV pricing band, which currently sits around $52,040. This level has previously marked areas of long-term value during drawdowns.

Crypto Tony noted that Bitcoin’s short-term…

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Starting from its Jan 30th close near $82,000 (right after Kevin Warsh was nominated as Fed chairman), Bitcoin would end up plunging over 25% into yesterday’s close on Thursday and show the most oversold levels since 2018.

Several factors likely contributed to the move:

Kevin Warsh’s nomination reinforced hawkish expectations

The 10-year Treasury yield rose to 4.35%, strengthening the dollar

Soft labor data increased recession concerns

Correlated selling in risk assets like $IGV

A cascade of leverage-driven liquidations in crypto markets

Importantly, none of these altered Bitcoin’s underlying mechanics.

But did anything fundamentally change with Bitcoin’s bull case?

Our…

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Coinbase Global Inc. (NASDAQ:COIN) is seeing stronger trading activity as crypto markets regain momentum, but a closer look at its financials suggests the company’s growth story is becoming more complicated. While transaction volumes have increased, the composition of Coinbase’s revenue is shifting in ways that matter for valuation and long term profitability.

For investors, the key question is no longer just whether crypto trading is coming back. It is whether Coinbase is earning the same quality of revenue from that activity as it did in previous market cycles.

Trading Activity Is Recovering

Crypto price volatility and higher spot trading volumes have helped lift activity on major…

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Bitcoin (CRYPTO: BTC) has recently undergone a violent drawdown, shedding roughly 33% of its value in just nine trading days. This move was amplified by a “liquidation cascade,” where traders using leverage were forced to sell as prices hit their stop-loss levels. While Bitcoin struggled, assets like Ethereum and Solana saw even steeper declines of 40% to 45%, largely due to thinner liquidity and higher levels of borrowed capital.

Beyond the technical selling, institutional support wavered as U.S. spot Bitcoin ETFs recorded net outflows exceeding $1 billion. This shift suggests that even the steady hands of long-term holders are being tested, with some capitulating near the local…

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Phemex’s launch of 24/7 TradFi futures is not just another product expansion. It is a signal that the line between crypto trading infrastructure and traditional market exposure is breaking down faster than many investors expected.

For traders and portfolio managers, the key question is not whether this is “innovative.” It is whether this development changes how risk can be managed, hedged, or expressed, and whether it creates new inefficiencies worth exploiting.

The answer is yes, but only if used deliberately.

The Real Shift: TradFi Exposure Inside a Crypto Risk Engine

The most important part of this launch is not that Phemex now offers stock or metals futures. The real shift is in…

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