Arthur Hayes: I bet that Bitcoin will surpass $110,000 before retracing to $76,500

February 20th — Per the latest disclosed 13F filing, as of February 15th, Sharplink — Ethereum’s second-largest decentralized autonomous treasury (DAT) firm — has grown its ETH holdings to 867,798 coins, valued at approximately $1.68 billion. Nearly 100% of Sharplink’s ETH is staked, generating 13,615 staked ETH rewards in under a year, with all rewards distributed to shareholders. The firm has updated its brand identity: rebranding from Sharplink Gaming to simply Sharplink, and adopting “Ethereum with an edge” as its new slogan to better align with its positioning in the treasury sector.

February 20: Simon Gerovich, CEO of Metaplanet—the Japanese firm behind the Bitcoin Treasury (DAT)—addressed anonymous "dishonest disclosure" accusations in a post. Gerovich noted that he and Metaplanet are prepared to take public accountability for all their words and actions, and their long-term, systematic Bitcoin accumulation strategy remains unchanged. Over the past six months, amid rising market volatility, Metaplanet has expanded its revenue-generating initiatives: selling put options, using spread strategies to earn premiums, and allocating some capital to long-term Bitcoin holdings. All Bitcoin purchases are disclosed immediately upon decision, all of the firm’s Bitcoin addresses are public, and shareholders can track positions via a real-time dashboard. On the claim of "buying at a peak in September without disclosure," Gerovich clarified that last September, the firm made four total Bitcoin purchases, all of which were announced promptly. The firm’s strategy focuses on

On February 20, Tradeweb Markets Inc. — the U.S.-listed firm (Nasdaq: TW) — announced a strategic partnership with Kalshi and acquired a minority stake in the firm. The pair will boost institutional investors’ access to Kalshi’s event market data and explore new infrastructure to facilitate trading of event contracts via Tradeweb’s electronic platform.

On February 20, Paolo Ardoino, CEO of Tether, noted that over the past six months, a total of 94 metric tons of gold worth of the tokenized gold asset XAUT has been transferred on-chain—for a total fee of just 0.0016%. By contrast, transporting physical gold between central banks in traditional systems typically costs millions of dollars in logistics and security fees. Tokenized gold, however, enables near-instant settlement and low-cost transfers, highlighting a clear edge in on-chain asset liquidity efficiency.

On Feb 20, crypto payment infrastructure firm MoonPay launched “MoonPay Deposits” — a feature that simplifies funding crypto accounts across multiple blockchains. It will first roll out in the Telegram wallet app, letting its 100+ million users fund their self-custodial TON wallets with assets from other networks.

Feb 20 – Anchorage Digital, a crypto bank, unveiled a stablecoin solution for international banks on Tuesday, enabling licensed institutions to issue, custody federally regulated stablecoins and settle transactions in U.S. dollars. Through collaboration with Anchorage Digital Bank, participating entities gain access to stablecoin and fiat wallets/accounts, streamlining U.S. dollar cross-border transfers. The solution supports USD stablecoins across major blockchains, including Tether’s USAT, Ethena Labs’ USDtb, OSL’s USDGO, and upcoming options like Western Union’s USDPT. Anchorage Digital’s platform will initially offer minting and redemption services for government-backed stablecoins, aligning with the recent final passage of the GENIUS Act and ongoing evolution of U.S. market structure regulations.