Tag: Crypto Exchange
EY-Parthenon and Coinbase's 2026 Institutional Survey Confirms the Structural Shift: 73% of Global Institutions Are Increasing Crypto Allocations, 86% Are Adopting Stablecoins, and Asset Manager Tokenization Interest Has Surged 60% Year-on-Year — Volatility Sharpens Discipline Rather Than Dampening Conviction
The 2026 EY-Parthenon and Coinbase survey (351 institutional investors, January 2026): 73% plan to increase crypto allocations in 2026; 74% expect prices to rise in 12 months. 86% use or explore stablecoins — 85% cite payments/treasury as primary use cases. USDC overtook USDT as most-used stablecoin. 83% say GENIUS Act will increase financial institution stablecoin engagement; 69% expect broader stablecoin transaction adoption. Asset manager tokenization interest: 40% (2025) to 64% (2026). 63% interested in tokenized assets. 78% cite market structure as top regulatory clarity need. 81% favor regulated spot vehicles. 66% prioritize compliance/security in custody. 61% use multi-custodian strategies.
Gemini's Brutal Retreat: 200 Jobs Cut, Three Markets Abandoned as the Winklevoss Twins Fight for Survival
On February 5, 2026, Gemini Space Station Inc. — the crypto exchange founded by billionaires Cameron and Tyler Winklevoss — announced it would slash up to 200 jobs (roughly 25% of its remaining global headcount), exit the United Kingdom, the European Union and Australia entirely, and concentrate its dwindling resources on the United States and Singapore. The restructuring, carrying an estimated $11 million in pre‑tax charges, comes as Gemini's stock has cratered 85% from its September 2025 IPO highs, its global spot market share has shrunk to just 0.1%, and Bitcoin has fallen roughly 40% from its October 2025 peak — a confluence of pressures that has turned one of crypto's most recognizable brands into a cautionary tale of overexpansion.
This Week in Crypto: Bitcoin's Historic Worst Start, a $4.2B Tether Freeze, Circle's Earnings Bombshell, and the Axiom Insider Trading Scandal That Shook Platform Trust
From Bitcoin's record worst year-to-date performance to Circle's earnings demolishing Wall Street estimates, Tether freezing $4.2 billion in crime-linked USDT and ZachXBT exposing alleged insider trading at Axiom Exchange — the week of February 23–28, 2026 was one of the most consequential seven-day periods in the current crypto cycle. Here is everything that mattered.