Billionaire investor Billy Ackman has built a $2 billion position in Meta through his Pershing Square fund, a stake that now represents 10% of the fund's capital. Despite Meta's shares falling 16% over the past year amid concerns about heavy AI-related spending, Ackman and his team argue the stock is deeply undervalued given its 2025 revenue of $200 billion and 3.5 billion daily users. They see Meta's AI investments and advertising model as long-term growth drivers, even as Reality Labs continues to generate significant losses.

At a House Financial Services Committee hearing on Wednesday, Democratic lawmakers pressed SEC Chair Paul Atkins about a reported 60% decline in enforcement actions since Donald Trump appointed him to lead the agency. Lawmakers highlighted dismissed crypto-related lawsuits, foreign investment in Trump-linked World Liberty Financial and memecoin projects, and alleged political motivations behind pardons and dropped cases.

Upexi recorded an estimated $179 million net loss in the fourth quarter of 2025 as weaker crypto prices hit its Solana-heavy reserves, yet the firm still added 106,000 SOL and finished the year with more than 2 million tokens. Around 95% of its SOL stack is staked, while the company bolstered liquidity with a $36 million Solana-backed convertible note and a $7.4 million direct offering. Over the same period, Solana's price slid toward key technical support around $78–$79 after breaking down from higher levels.

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.