On February 11, 2026, BlockFills temporarily halted client deposits and withdrawals, citing extreme market volatility and asset protection. The firm said clients can still open and close certain spot and derivatives positions but offered no timeline for restoring transfers. The pause follows sharp crypto sell-offs, with Bitcoin briefly near $60,000 and about $2.6 billion in 24-hour liquidations.

On February 11, 2026, U.S. stock futures advanced as traders evaluated a stronger-than-expected January jobs report, which had been delayed by a brief government shutdown. Nonfarm payrolls grew by 130,000, the unemployment rate edged down to 4.3%, and average hourly earnings reached $37.17 with a 0.4% monthly gain. The figures lifted S&P 500 and Nasdaq futures, while higher Treasury yields reflected reduced expectations for near-term Federal Reserve rate cuts.

On 2/11, Bitcoin slipped below $66,000 during early U.S. hours as major altcoins consolidated after last week's sharp decline. Analysts flagged a potential BTC retest of $60,000, while Ether eyed the $1,750 support. Key ranges remain in play as buyers and sellers compete to set the next trend.

Bo Hines, who leads Tether's U.S. unit, said at a Wednesday Bitcoin Investor Week event that the company expects to climb into the top 10 purchasers of U.S. Treasury bills, citing demand for USDT and the launch of USAT. Tether's latest attestation shows 83.11% of reserves in T-bills, exceeding $122 billion, alongside broader growth metrics for USDT.

US banks and crypto firms are clashing over whether stablecoin rewards should be allowed under the CLARITY market-structure push. Total stablecoin supply reached $311.332 billion in mid-January, according to DeFiLlama, and Standard Chartered has warned about approximately $500 billion of potential deposit outflows by the end of 2028. The GENIUS Act, signed in July 2025, and pending implementation by July this year, frames the backdrop.

In its fiscal quarter ended Dec. 31, Nasdaq-listed Upexi doubled revenue to $8.1 million but recorded a net loss of nearly $179 million as fair value adjustments on its Solana holdings weighed on results. Digital asset operations, mainly SOL staking income, produced $5.1 million and now exceed the company's consumer brands revenue, while Upexi held over 2.17 million SOL with about 95% staked at quarter end.

African stablecoin cash-out costs vary widely, with Botswana’s median fee at 19.4% in January 2026 and the continental median near 3%. Markets with more providers, such as South Africa at about 1.5%, tend to be cheaper, while limited competition keeps fees elevated in places like Congo above 13%.

On 11 February 2026, Hong Kong's Securities and Futures Commission set out a framework allowing licensed virtual asset platforms and brokers to provide margin financing and structured perpetual contracts. These leveraged crypto products are restricted to professional investors and must follow strict collateral, risk management, and governance standards aligned with traditional finance. The measures aim to expand regulated derivatives activity while maintaining controls on leverage and retail investor exposure.