As of February 13, 2025, Bitcoin is trading at approximately $96,721.8, reflecting a 0.06% increase over the past 24 hours. Ethereum is priced around $2,675, down 2.28% in the same period. The crypto industry is growing fast and evolving the digital finance landscape rapidly. On February 11, 2025, Coinbase reported record earnings of $2.3B. The Ethereum Foundation deployed $120M funds to boost DeFi. On February 12, 2025, US Federal Reserve Governor Christopher Waller called for a regulatory framework that lets banks issue stablecoins. These developments carry technical details and robust numbers that point to a new era in crypto, especially in the U.S. government and by extension, and might have an immense global impact on finance.
Crypto Fear & Greed Index | Source: Alternative.me
The Fear and Greed Index has decreased to 48, indicating a neutral market sentiment. Bitcoin has remained below the $100,000 mark for the 9th consecutive day, experiencing limited whale accumulation and low volatility.
What’s Trending in the Crypto Community?
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A survey by Hashed Open Research revealed that 25% of South Koreans currently hold cryptocurrencies.
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The Ethereum Foundation deposited 10,000 ETH each into Spark and Aave and announced the deployment of 45,000 ETH into protocols like Spark, with plans to explore staking in the future.
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OpenSea is set to launch its SEA token.
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Doodles announced the launch of its official DOOD token on Solana, with a total supply of 10 billion tokens.
Trending Tokens of the Day
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Trading Pair |
24H Change |
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+4.40% |
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+3.7% |
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+3.46% |
Coinbase’s $2.3B Revenue in Q4 2024: Ushering a New Era in Crypto for the U.S.
Source: CoinBase
On February 11, 2025, Coinbase reported Q4 net income of $579M and revenue of $2.3B. This revenue beat estimates by $430M and climbed from $1.13B in the previous quarter. Transaction revenue jumped to $1.6B from $529M in the same quarter last year. Full-year revenue reached $6.6B which more than doubled the $3.1B recorded in 2023. Coinbase ended Q4 with $9.3B in USD resources compared to $8.2B before. Furthermore, stablecoin revenue came in at $226M while the prior quarter had $247M.
Stablecoins Total Market Cap. Source: DefiLlama
Coinbase shares increased 16% in 2025 and climbed 112% over the past year. In its annual shareholder letter the firm declared "It’s the dawn of a new era for crypto. Crypto’s voice was heard loud and clear in the US elections and the era of regulation via enforcement is on its way out."
The company added that the Trump Administration is moving fast to make the US the crypto capital of the planet and that global leaders now invest more in crypto.
Faryar Shirzad the chief policy officer at Coinbase stated "For the last several years US bank regulators have unilaterally and undemocratically barred banks from offering crypto services. This needs to end."
Read more: Eric Trump Predicts Bitcoin Will Hit $1 Million and Drive Global Adoption
Ethereum Foundation Boosts DeFi with $120M Allocation
Source: Ethereum Foundation
On February 13, 2025 the Ethereum Foundation allocated 45K ETH to decentralized finance protocols. It deposited 4.2K ETH into Compound, allocated 10K ETH into Spark and deployed 30.8K ETH into Aave. With ETH trading at $2.6K each the total value reached $120.4M. The allocation to Aave equals about $82.4M.
Aave CEO Stani Kulechov said "DeFi will win" to underline his strong belief in decentralized finance. He added that this move is a clear signal of confidence in the future of DeFi and may reduce the need for the foundation to sell ETH to cover operating expenses. Community members celebrated the allocation and noted that it further cements DeFi as a cornerstone of the crypto ecosystem.
Fed Governor Waller Calls for Bank Issued Stablecoins
Christopher Waller speaking on the future of payments at the Atlantic Council. Source: YouTube
On February 12, 2025, US Federal Reserve Governor Christopher Waller urged a new regulatory framework that permits banks to issue stablecoins. He spoke in San Francisco at a payments conference. Waller said "Stablecoins are an important innovation for the crypto ecosystem with the potential to improve retail and cross border payments."
He emphasized that the stablecoin space has matured and needs clear rules that address risks while allowing banks and nonbanks to offer stablecoins. He pointed to the Terraform Labs stablecoin collapse in 2022 which wiped out billions in the crypto market as a cautionary tale. Waller stressed that clear guidelines will help reduce systemic risks and build confidence in digital finance. His call for reform comes as industry experts push to end outdated restrictions. Faryar Shirzad from Coinbase added in earlier remarks "This needs to end" as he urged regulators to stop blocking banks from offering crypto services.
Read more: Trump Orders Creation of U.S. Sovereign Wealth Fund: Could Bitcoin Play a Role?
Conclusion
These developments mark a turning point in digital finance. Coinbase earnings show robust growth with Q4 revenue of $2.3B and full-year revenue of $6.6B. The Ethereum Foundation reinforces its commitment to DeFi with a $120M allocation that deploys 45K ETH across protocols like Compound Spark and Aave. US Federal Reserve Governor Waller calls for bank issued stablecoins to improve payment systems and bring regulatory clarity. Investors and regulators now watch these moves closely as they shape a future defined by rapid innovation and evolving financial systems.
