Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

On February 11, The Block reported that Robinhood’s stock price dipped on Tuesday following the company’s announcement of a year-over-year decline in fourth-quarter cryptocurrency business revenue. However, analysts at research and brokerage firm Bernstein noted this weakness reflects temporary “crypto market stress,” reaffirming their $160 price target. While Robinhood’s total platform revenue hit an all-time high, its cryptocurrency trading revenue fell 38% year-over-year to $221 million. Bernstein analysts said the revenue softness tied to reduced crypto trading activity was “in line with expectations,” adding there’s no need to turn bearish as the stock nears a cyclical low. Despite “crypto market stress,” the company’s various business metrics remained “robust” in Q4. Additionally, Robinhood Banking—set to launch by the end of 2025—has already attracted over 25,000 funded accounts with a total balance exceeding $400 million. Analysts highlighted Robinhood’s prediction market

On February 11, U.S.-listed Hyperliquid Strategies (PURR) — the treasury arm for HYPE — released its financial report, noting it spent $129.5 million to acquire 5 million HYPE tokens at a weighted average price of $25.90. The firm currently maintains a $125 million cash reserve.

**February 11 – Investinglive analyst Justin Low noted that U.S. private data firm Revelio Labs estimates January nonfarm payrolls fell by 13,300 at the start of the year. The firm also sharply revised December’s figure down to a 34,400 gain (from an earlier 71,100 increase).** **This isn’t an official nonfarm payroll “estimate”—it’s a directional indicator of broader labor market trends. Revelio’s metrics draw from 100+ million professional social media profiles (including LinkedIn). While its methodology looks unconventional, it’s a solid read on the labor market’s overall trajectory.** **That said, tonight’s official nonfarm payrolls report is unlikely to show negative growth—but the trend is clear: the labor market is cooling. Amid the current economic backdrop, nonfarm payrolls will keep reflecting this reality over time.** **When assessing market reactions to tonight’s data, remember: one data point doesn’t make a trend. (FXStreet)**

On February 11, Addentax Group (Nasdaq: ATXG) announced it had separately signed memoranda of understanding (MOUs) with two institutional investors on February 9, 2026. The parties have reached preliminary agreement on a potential strategic equity investment totaling up to $200 million, aimed at supporting the company’s business growth in artificial intelligence (AI) and cryptocurrency financial services. Per the MOUs, each investor intends to subscribe to new shares of Addentax Group common stock at a fixed price of $1.50 per share, with a maximum individual investment of $100 million—subject to further negotiations and the execution of definitive agreements.

February 11: Per Onchain Lens monitoring, whale address 0x6C8 has once again transferred 1.99 million USDC to HyperLiquid—pushing its cumulative deposit to $32.7 million—while also boosting its 20x leveraged long position on ETH. Currently, the whale holds a 45,000 ETH long position valued at $87.8 million, with an unrealized loss of $3.5 million.

**Dragonfly Partner Haseeb’s X Post (Feb 11):** Heard plenty of folks this week saying current market sentiment is worse than back when FTX collapsed. Nah, it’s not even in the same ballpark—just classic recency bias. FTX’s collapse was crypto’s deepest despair since Mt. Gox: a true systemic meltdown. Back then, we didn’t know what else might survive—let alone if it’d trigger a de facto global crypto ban. Nobody knew when the industry might bounce back; some feared the whole space could hibernate. Bitcoin’s price has dropped since October, no doubt—that’s tough. But let’s be real: crypto’s fundamentals are totally solid. The system held up to stress; global regulation’s improving; institutional/corporate adoption keeps growing; prediction markets are unusually active; perpetual contract DEXs just hit an all-time high in volume; stablecoin adoption is exploding. It’ll take time, but we’ll be okay.