Encrypted Breakfast | February 11 1. The three major U.S. stock indexes closed mixed, with the Dow Jones Industrial Average up 0.1%, the S&P 500 down 0.33%, and the Nasdaq Composite down 0.59%. 2. Trump: Our interest rates should be 2 percentage points lower than they are now. 3. Within the Federal Reserve, there is still a largely conservative stance on interest rate cuts. Hamak: The economic outlook is positive, but inflation remains high, and there is no urgent need for an interest rate cut this year. Logan is "cautiously optimistic" about the effectiveness of current interest rate policies, but is more concerned about inflation. 4. Iranian officials stated that if US-Iran nuclear negotiations succeed, the dialogue may expand to other areas. Trump indicated that if negotiations fail, he might send another carrier strike group to the Middle East. 5. Robinhood's Q4 revenue missed expectations, with crypto revenue declining 38% year-over-year to $221 million. This reflects the direct impact of the crypto market downturn on mainstream platforms. 6. Citadel Securities invested in LayerZero ZRO tokens, which launched the Zero blockchain and partnered with ICE and DTCC. 7. Former SafeMoon CEO Braden John Karony was sentenced to eight years in prison and ordered to pay $7.5 million in damages. 8. Metalpha Technology approves maximum Bitcoin purchase program. There is a growing demand for institutional-level Bitcoin allocation at the listed company level. 9. Arizona moves forward with a resolution on digital assets, encouraging the state retirement system to evaluate Bitcoin and crypto ETFs. This is a favorable signal at the state level. 10. Goldman Sachs disclosed $2.36 billion in crypto asset exposure, including BTC, ETH, XRP, and SOL. 11. Interactive Brokers launched Coinbase Nano Bitcoin and Ethereum futures, enabling 24/7 trading. 12. Bankr: A token issuance platform is already online, and LLM key functionality is coming soon. Agent fees can be directly used to purchase APIs. 13. Tether burned 3.5 billion USDT an hour ago. Have the big players quit? 14. Cathie Wood: Bitcoin is an important asset that embodies three major changes, and its low correlation with gold will contribute to the diversification of its attributes. [Bitcoin Market Analysis] Glassnode data shows widespread accumulation among various Bitcoin holder groups. Long-term holders and institutions have continued to buy during pullbacks. Bitcoin spot ETFs saw net inflows of $144.9 million, while Ethereum ETFs saw net inflows of $57 million. The market is currently in a weak correction on the 4-hour chart, and it will take time before a real rebound occurs, so please be patient. [Risk Warning] Digital assets are highly volatile and carry extremely high risks. Please participate with caution, never go all in, and never use leveraged loans.