Crypto Data and Research Reports

Bloomberg analyst analysis of the 13F filings for Q4 2025 shows that large institutional investors reporting to the U.S. Securities and Exchange Commission (SEC) collectively reduced their Bitcoin ETF holdings by approximately 25,000 BTC, amounting to nearly $1.6 billion in risk exposure during that quarter. The data reveals that the main sellers are concentrated among investment advisors and hedge funds, while holding companies and government-related entities increased their holdings countercyclically during the same period.

On February 24, President Trump delivered the 2026 State of the Union address at Capitol Hill. The market expects him to reaffirm his crypto-friendly economic policy stance; at the same time, on-chain analyst James Check pointed out that Bitcoin has already shown textbook bottom patterns on multiple mean reversion indicators. Historical data suggests that such levels often signal a significant rebound.

Goldman Sachs data shows that Strategy has become the component stock with the highest short-selling amount in the United States, ranking first in short-selling ratio. Strategy has purchased 592 Bitcoins, with a total holding of 717,722, currently facing an unrealized loss of approximately $7 billion. Fourteen brokerage firms have given it a strong buy rating.

As the autonomy of AI agents increases, developers are configuring them with crypto wallets to enable asset holding and transaction execution, driving a transformation in the financial system. However, the legal framework lags behind, with unclear responsibility delineation. Especially after AI agents participate in commercial activities, such as causing losses, it remains unclear who bears the responsibility. This will be a significant challenge for future regulation.

Institutional investors reduced their holdings of Bitcoin ETFs in Q4 2025, selling approximately 25,098 BTC in total, indicating a clear trend of de-risking, with Brevan Howard experiencing the largest reduction. Bitcoin prices continued to decline and are currently around $64,000, with market sentiment being relatively pessimistic.

XRP's RWA value surged 23% to over $2 billion despite a 15% price drop this month. ETFs attracted $48.5 million, contrasting Bitcoin and Ethereum outflows. Technical indicators suggest continued bearish pressure, with focus on a potential drop to $1.12.

The Ethereum Foundation is staking 70,000 ETH to enhance network security and validator participation while generating yield. This strategy funds protocol research and ecosystem growth without asset sales, leveraging resilient tools for risk mitigation.

In brief The Ethereum Foundation staked around $3.8 million worth of ETH as part of previously announced treasury operations. The organization intends to stake up to 70,000 ETH, or $129 million worth, over time to generate yield. The move comes amid a string of ETH sales from Ethereum

The Cardano Foundation will assume control of Project Catalyst, shifting the grant distribution from Input Output Global. This transition aims to enhance decentralization and strategic funding management within the Cardano ecosystem while pausing certain funding rounds.

After the failure of the Libra project, Meta plans to relaunch stablecoin payments in 2026. It will collaborate with Stripe to build a payment ecosystem supporting third-party stablecoins, integrating digital wallets into its social platforms. The new regulatory "GENIUS Act" improves the environment, and Meta's goal is to compete with X platform and Telegram to become a "Super App."

Gate News bot message, altcoin prices have declined, with Market Cap to Revenue ratios for top 10 altcoins reaching 0.3x to 2.6x their annual revenue. Regulatory constraints prevent protocols from distributing revenue directly to token holders.

Stripe mentioned in its 2025 annual summary that the platform's total transaction volume in 2024 reached $1.9 trillion, a 34% increase. The company supported 5 million businesses, launched over 350 product updates, and completed two key acquisitions. Stripe Atlas company registrations grew by 41%, with some startups quickly reaching paying customers.

Intchains Group updates its ETH holdings data, currently holding 9,070 ETH, with a total investment of 23.7 million USD, an average purchase price of 2,611.1 USD, and 2,600 ETH staked.

Cipher Mining, after rebranding as Cipher Digital, released its Q4 financial report with revenue of $60 million, below expectations, and the stock price dropped about 5%. The company expects to undergo a business transformation in 2025, shifting from Bitcoin mining to high-performance computing infrastructure, and has secured a signed capacity of 600 MW.

According to Glassnode data, during Bitcoin's recent decline, over 400,000 BTC were accumulated in the $60,000 to $70,000 range, with supply increasing from 997,000 to 1,430,000, a 43% increase. This range forms a dense cost basis for holding, while the $70,000 to $80,000 range is considered a low trading volume zone.

Solana's "Pacific Backbone" initiative aims to enhance its network's speed and reliability for institutional users by connecting key Asian financial hubs. This upgrade targets high-frequency traders and bolsters Solana's position in the competitive blockchain landscape.

Strategy completed its 100th Bitcoin purchase and now holds 717,722 BTC across six years. The company funded the 592 BTC buy through share sales instead of debt financing. Several smaller public firms reduced Bitcoin holdings while Strategy expanded its position. Strategy completed its 1