Roses Are Red, Crypto Is Green, The Market Better Be Nice This Weekend, Usually It's Mean 💓

Crypto is probably going to get the cold shoulder this weekend. Stupid Valentine's Day hopes... grumble grumble grumble

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OVERVIEW

Roses Are Red, Crypto Is Green, This Market Better Be Nice This Weekend, Usually It's Mean 💓

Before we dive in, here’s today’s crypto market heatmap:

Source: Santiment

And here’s a look at crypto’s total market and altcoin market cap charts:

Source: TradingView

NEWS IN THREE SENTENCES
Crypto News 📰

⚖️ SEC Accepts Grayscale’s XRP & Dogecoin ETF Filings

The SEC just put Grayscale’s applications for spot XRP and Dogecoin ETFs on the official docket. That means a 240-day review window - deadline is likely mid-October - before they say yes, no, or throw a curveball. ihodl.

🏠 Building a Modern REIT on Web3

Hedera says tokenizing real estate is the future, letting you buy slices of property without the usual headaches. Fractional ownership, automated revenue payouts, and compliance all in one tidy DAO package. If you thought real estate was boring, maybe you just needed a blockchain spin. Hedera.

🏦 Barclays Grabs $131M of BlackRock’s BTC ETF

In a fresh 13F filing, Barclays revealed it scooped up 2.47 million shares of BlackRock’s spot Bitcoin ETF (IBIT). That’s 0.04% of their $356B portfolio, but hey, it’s still a sign more suits are tossing some pocket change at BTC. Goldman’s the top dog with $1.3B in IBIT, so watch those old money war chests roll in. The Block.

💰 Coinbase’s Blowout Q4

They rode the postelection crypto rally to 130% revenue growth and posted their biggest haul in three years. EPS soared past estimates, thanks to more folks flinging themselves back into crypto after the “BTC ETF mania” and pro-crypto DC rhetoric. CEO Brian Armstrong says they’ll diversify away from trading fees, apparently $2.3B in a quarter isn’t enough in this new bull world. CNBC.

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