Major cryptocurrencies climbed on Wednesday, adding more than $170 billion in market value and posting one of the strongest single-day rebounds in weeks. The total market cap rose roughly 8% to nearly $2.5 trillion as bitcoin briefly exceeded $70,000, with Ethereum up over 13% and Solana more than 15%. Some analysts linked the move to a pause in a "10 a.m." selloff after a Jane Street lawsuit, though no public evidence shows fixed-time sales.

Bloomberg reported on Tuesday that Stripe has shown preliminary interest in purchasing all or part of PayPal. Also on Tuesday, Stripe said it signed agreements for an employee liquidity tender valuing the company at $159 billion. PayPal's stock jumped on takeover chatter but remains down nearly 40% over the past year.

Stripe said in an annual letter on Tuesday that it signed agreements with investors to run a tender offer providing liquidity for current and former employees, valuing the company at $159 billion. The letter also reported $1.9 trillion in 2025 customer payment volume, up 34% year over year, and noted its revenue suite is on track for a $1 billion annual run rate this year.

On Feb. 9, S&P Global reported that Ledn's new bitcoin-backed securitized bonds, totaling $188 million, are mainly rated BBB-. The deal, structured and bookrun by Jefferies Financial Group, is collateralized by 4,078.87 BTC valued at about $356.9 million. Bitcoin was trading at $66,329.34 at 4:54 p.m. ET, down nearly 30% over the past month.

On Wednesday, Hyperliquid Foundation said it would help establish the Hyperliquid Policy Center with a donation of 1 million HYPE tokens valued at about $29 million. The independent research and advocacy group, led by Variant Fund advisor Jake Chervinsky, aims to promote clear U.S. regulations so that DeFi can develop and have representation in Washington, D.C.

Filings from Tuesday show that Mubadala Investment Company and Al Warda Investments together held more than $1 billion of BlackRock's spot Bitcoin ETF IBIT at the end of last year. Mubadala reported 12,702,323 IBIT shares worth about $631 million, while Al Warda held 8,218,712 shares valued at $408 million.

Hive Digital Technologies said Tuesday it delivered record revenue of $93.1 million for its fiscal third quarter ended Dec. 31, 2025, a 219% year-over-year rise and 7% higher than the prior quarter. Despite the top-line growth, the miner recorded a $91.3 million net loss tied to accelerated depreciation and non‑cash revaluation adjustments, and reported adjusted EBITDA of $5.7 million.

On Wednesday, Ripple CEO Brad Garlinghouse told an online XRP Community Day event that the firm is prioritizing integration in 2026 but could revisit acquisitions in the second half of the year. He noted that Ripple deployed approximately $4 billion last year on investments, mergers, and acquisitions, including the purchases of Hidden Road and GTreasury. Following these deals, both businesses were rebranded under Ripple and refocused on services tied to the XRP ecosystem, which Garlinghouse described as the company's guiding focus.

On Tuesday night, Robinhood launched the public testnet for Robinhood Chain, an Ethereum Layer 2 network built on Arbitrum that is designed to support experimentation before a future mainnet launch. The company plans to use the chain for tokenized real-world assets, DeFi access, and testnet-only Stock Tokens, while its recent earnings showed a 38% year-over-year drop in crypto transaction revenue to $221 million in last year's fourth quarter.