US Crypto Stocks Close Lower on Tuesday, Gemini (GEMI) Down 7.72%, Ethereum Treasury Stocks Retreat

As of Feb. 11, HTX market data shows ZRO’s 24-hour price surge has widened to 20.38%, currently trading at $2.259 with a market cap rising to $1.116 billion. Tether Investments announced a strategic investment in LayerZero Labs yesterday. The interoperable infrastructure, paired with Tether’s Wallet Development Kit (WDK), delivers underlying channels for real-world use cases including digital asset payments, settlement, and custody. Notably, LayerZero Labs also secured early-stage investment from FTX previously.

Another smart trader on $Trump bought $WAR. Trader 5MhdpM made $4.5M on $TRUMP and $281K on $DJT. Two hours ago, he spent 100 $SOL($8,230) to buy 220,405 $WAR.

On February 11, the White House hosted its second cryptocurrency summit, bringing together teams from the digital asset industry and traditional banking. The meeting aimed to bridge gaps between the two sides on multiple issues—with stablecoin yields likely the most critical. Crypto journalist Eleanor Terrett noted this gathering was “smaller in scale, more efficient” than the prior meeting. The top agenda item she cited? Banning stablecoins from generating yields, a push banks say would harm their “public” lending business—though the reality tells a different story. Ripple Chief Legal Officer Stuart Alderoty signaled a potential imminent agreement: “Today’s White House meeting was productive—there’s a growing spirit of compromise. Bipartisan momentum for smart crypto market structure legislation remains clear. We need to act now while the window is open to secure a real win for consumers and the U.S.” Coinbase Chief Legal Officer Paul Grewal commented: “The crypto industry is

On February 11, stablecoin infrastructure startup Levl announced it has completed a $7 million seed funding round, per Fortune magazine. The round was led by Galaxy Ventures, with participation from Protagonist, Deus X, Blockchain Builders Fund and other institutional investors. Levl plans to double its team size and prioritize expansion into the Latin America and Africa markets. The firm provides stablecoin payment infrastructure for digital wallets and fintech companies, serving over 20 clients with an annualized transaction volume exceeding $1 billion.

On February 11, Stripe Product Manager Jeff Weinstein announced via social media that the company will soon support USDC stablecoin payments via x402. Currently, only the Base chain is supported, with plans to expand to additional protocols, payment methods, currencies, and blockchains in the future.

**February 11 – Cleveland Fed President Hammack said Tuesday that interest rates could stay at current levels for an extended period as officials weigh incoming economic data.** “Instead of fine-tuning the federal funds rate, I’d prefer to be patient and cautious while assessing the impact of recent rate cuts and monitoring economic performance,” Hammack told an audience in Columbus, Ohio. “Based on my outlook, we may keep rates unchanged for quite a long time.” Hammack has repeatedly urged her Federal Open Market Committee (FOMC) colleagues to exercise caution on rate cuts to avoid reigniting inflation. She backed the decision to hold rates steady last month, following three Fed rate cuts in late 2025. Dallas Fed President Logan also spoke Tuesday, supporting the current stance of keeping rates on hold unless the labor market shows new “substantial” softness. “We’ll learn in the coming months whether inflation is returning to our target and whether the labor market can sta