Circle Internet Group

Circle's profits jumped more than 3000% year-over-year

Stablecoin issuer USDC rose in price by a third. It protected investors from the "cryptozyme"

Lyft, Inc.

Samsung Electronics Co., Ltd.

The gold price is consolidating above the $5,000 mark amid weak U.S. data and expectations of a Fed rate cut. Lyft shares fell more than 17% after weak earnings and a cautious outlook, with the company betting on robotaxis and new services. Several co-founders left Elon Musk's xAI company. These and other topics - in our review of key events by the morning of February 11.

Highlights for this morning: Lyft under pressure, ByteDance makes AI chip, Musk's associates walked away from him

In less than a week, the cryptocurrency market lost $467.6 billion - bitcoin fell the most, Bloomberg <a href="https://www.bloomberg.com/news/articles/2026-02-04/bitcoin-led-crypto-rout-erases-nearly-half-a-trillion-in-a-week">reported</a>. Expectations that bitcoin would become "digital gold" after US President Donald Trump promised to ease regulation have not materialized. But further liberalization of the market carries a new threat. Nouriel Roubini, professor emeritus at New York University's Stern School of Business, writes about this in a piece for Project Syndicate.

Nouriel Roubini warns of a new risk maturing in the cryptocurrency market

Gold and bitcoin set anti-records on February 2, falling to levels of $4621 and $74,592 respectively. By evening, the decline slowed down. Alexei Tretyakov, a manager with 25 years of experience in the financial market and author of the Telegram channel <a href="https://web.telegram.org/k/#@warwisdom">War, Wealth &amp; Wisdom</a>, believes that what is happening is a reason for holders of stablecoins to think.

The synchronized fall of gold and bitcoin: why it matters for stablecoin

Tom Lee, head of research at analyst firm Fundstrat Global Advisors, known for his optimistic view of bitcoin, has sharply lowered his expectations for the cryptocurrency. While back in October he insisted that bitcoin would be worth $250,000 by the end of the year, now his forecast is half that.

A well-known crypto-optimist has drastically lowered his forecast. He no longer expects bitcoin at $250,000 

Coinbase Global, Inc.

Robinhood Markets, Inc.

MARA Holdings, Inc.

The total capitalization of cryptocurrencies fell below $3 trillion on November 21 for the first time in seven months, Decrypt <a href="https://decrypt.co/349514/nearly-1b-liquidated-in-an-hour-as-bitcoin-plunges-below-82k">reported.</a> On Friday, positions worth about $1 billion were liquidated in the market in just an hour, it said.

The crypto market collapsed below $3 trillion for the first time in 7 months. It lost almost $1 billion in an hour

The head of Ark Invest believes that stablecoins are taking market share away from the largest cryptocurrency

Cathie Wood downgraded her bitcoin price forecast to $1.3 million by 2030

The bank estimates that about 99% of the total volume of stablecoins is pegged to the U.S. dollar or dollar-denominated assets

Expanding stablecoin market could attract trillions in dollar assets - JPMorgan

Visa Inc.

Visa announced on September 30 that it has begun testing a new way for businesses to fund international payments using stablecoins instead of pre-depositing cash in local accounts, Reuters <a href="https://www.reuters.com/technology/visa-bets-stablecoins-speed-up-cross-border-payments-2025-09-30/">reports</a>. According to the agency, the move shows the growing acceptance of digital tokens among large companies thanks to the passage of the GENIUS (Guiding and Establishing National Innovation for U.S. Stablecoins) Act in the United States, which established rules for issuing cryptocurrencies tied to hard assets.

'GENIUS Act changed everything': Visa launches crypto-enabled cross-border transfers

Oracle Corporation

Alibaba Group Holding Limited

Intel Corporation

Nvidia announced a strategic partnership with OpenAI and plans to invest up to $100 billion to create an "AI factory." Intel is in talks with Apple and TSMC to invest in its production. Oracle has placed $18 billion in bonds to cover the costs associated with the AI boom. US President Donald Trump imposed duties of 100% on drugs and approved a deal to sell TikTok to a pool of investors. About the main events from September 22 to 26 - in our review.

Highlights of the week: US gets TikTok, Intel seeks partners, Nvidia and OpenAI alliance

WisdomTree, Inc.

DeFi Development Corp.

OSL Group Limited

In early April, the House Financial Services Committee voted to advance a U.S. stablecoin bill. By July, it had passed both chambers of Congress and was signed into law by President Trump. The GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins) is the first federal regulatory framework in U.S. history for stablecoins, which are dollar-backed digital assets designed to maintain a fixed value.

U.S. GENIUS Act: Small caps that will benefit from the new stablecoin regulation

Micron Technology, Inc.

NVIDIA Corporation

Micron reported earnings above expectations and gave a strong outlook, citing demand for high-speed memory for AI chips. Tether is preparing a record $15-20 billion round that could value the issuer of the largest stablecoin at $500 billion - on par with OpenAI and SpaceX. In the US, Donald Trump's plans to charge $100,000 for each H-1B visa application have alarmed the startup community. These and other topics are covered in our review of key events on the morning of September 24.