Key crypto news updates for the evening of February 12th and the morning of February 13th (Vietnam time)

Coinbase announced an increase of $39 million in its Bitcoin holdings through weekly recurring purchases.

The latest updates also range from Coinbase's 2026 investment plan and large-scale ETH long position fluctuations to US-South Korea policy moves and London Stock Exchange Group's on-chain payment plans.

Coinbase: Accumulating Bitcoin, reshaping its trading and product offerings.

Coinbase announced it increased its Bitcoin holdings by $39 million through weekly purchases, while also outlining its investment priorities toward a comprehensive trading platform, stablecoin payments, and expanding the on-chain experience.

In its letter to shareholders, Coinbase outlines three key priorities for 2026: (1) developing a platform for customers to trade a wide range of assets including cryptocurrencies, Derivative, stocks, and prediction markets; (2) expanding stablecoins and payments, increasing USDC utility along with APIs, wallets, and merchant channels; (3) bringing the world on-chain by expanding the Base app and increasing DeFi integration in the Coinbase app.

Financially, the Q4 report showed revenue down 20% year-on-year to $1.8 billion; after recording unrealized losses that reduced the value of cryptocurrency holdings and investments, Coinbase reported a net loss of $667 million (compared to a profit of $1.3 billion in the same period last year). Coinbase stated that total volume exceeded the overall market, supported by its Derivative segment. CEO Brian Armstrong was mentioned by VanEck as having sold over 1.5 million COIN shares between April 2025 and January 2026, generating approximately $550 million.

Market, on-chain wallets, and regulatory framework: ETH below $2,000, Bitcoin fees fall, regulations tighten.

ETH fell below $2,000; a long holder with a cumulative position of 105,000 ETH added 3,000 ETH at $1,919, bringing one branch of the position back to 60,000 ETH, with a total floating loss of $10.229 million.

According to @ai_9684xtpa, the two addresses are holding a total of 105,000 ETH worth $204 million. Address 0xa5B…01D41 holds 60,000 ETH ($116 million), open at $2,048.9, with a floating loss of $6.36 million. Address 0x6C8…D84F6 holds 45,000 ETH ($87.34 million), open at $2,029.38, with a floating loss of $3.869 million.

JPMorgan estimates the cost of producing Bitcoin (a soft support level) has fallen from $90,000 at the beginning of the year to $77,000, due to lower hashrate and mining difficulty; the cumulative difficulty reduction is approximately 15% year-to-date—the largest since China's mining ban in 2021. LSEG plans to launch the LSEG Digital Securities Depository for on-chain payments of Tokenize assets (bonds, stocks, private market assets), aiming for deployment in 2026 if approved. South Korea's Finance Minister said it will strengthen regulation of the cryptocurrency market; in the US, SEC Chairman Paul Atkins stressed the need for legislation from Congress to prevent regulation reversals, calling prediction markets a major issue and saying it will coordinate with the CFTC.

Other notable points: The Fed proposed classifying cryptocurrencies as a separate asset class to set initial margin weighting for OTC Derivative ; AAVE Labs proposed transferring 100% of its AAVE branded product revenue to a DAO vault and transferring the brand/IP to the AAVE Foundation in exchange for operational support; Lighter and Circle Chia yields from approximately $920 million in USDC deposits; the Bhutanese government transferred 100 BTC worth $6.77 million to QCP Capital; Coinbase listed AZTEC and ESP (AZTEC-USD, ESP-USD) spot and opened trading of AZTEC-PERP perpetual contracts; Binance Wallet opened a Story (IP) Airdrop, giving users with a minimum of 240 Alpha Points 30 IP (minus 15 points upon claiming, confirmation within 24 hours), and Binance integrated ESP into Earn/Margin/Futures, Simple Earn opened at 8:00 PM on February 12th (Vietnam time).