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11 Feb 2026, 18:34

Coinbase Price Projections Slashed By Analysts Ahead of Earnings

Analysts from JPMorgan, Cantor Fitzgerald, and Citi remain bullish on Coinbase, but have all cut their price targets as Bitcoin dives deeper.

11 Feb 2026, 18:00

Binance Founder CZ Reveals How Bitcoin Turned Him Into A Billionaire

Changpeng “CZ” Zhao says his path to crypto wealth started far from trading floors or VC circuits in a Shanghai poker game where a friend told him to take Bitcoin seriously, and a second friend urged him to bet a meaningful slice of his net worth on it. Binance Founder On His Bitcoin Origin Story By Zhao’s account in an interview with the All-In podcast, he first encountered Bitcoin in mid-2013, while he was still a junior partner at a Shanghai-based software and services firm. “One of my friends tells me, ‘Look, you got to look at this thing called Bitcoin,’” Zhao said. “It took me about roughly six months to fully understand it… back then there was the Bitcoin talk forum and then that’s pretty much it.” That friend, the Binance founder said, was Ron Tao, then a venture capitalist in China, who brought the topic up during a recurring, small-stakes poker game between entrepreneurs and investors. The pitch gained weight quickly when Zhao met Bobby Lee, who was preparing to leave Walmart and join BTC China (BTCC) as CEO. Bobby, Zhao recalled, didn’t frame it as a hobbyist curiosity. He framed it like a portfolio decision. Zhao said Lee told him to put 10% of his net worth into Bitcoin: “There’s a small chance you will go to zero then you lose 10%. There’s a much higher chance you will go 10x and you’ll double your net worth.” Zhao said that was the moment he started digging into the white paper “more carefully.” By the time Zhao felt he “fully understand[s] it,” he also felt he’d missed it. Bitcoin had run from roughly $70 in mid-2013 to around $1,000 by the end of 2013, he said. “I was like, I’m too late,” Zhao recalled. “Because everyone you talk to… has bought before you.” JUST IN: ASIA’S RICHEST MAN TALKS ABOUT HOW HE MADE OVER $80,000,000,000 ON #BITCOIN AND CRYPTO “YOU WILL ALWAYS FEEL LATE TO BTC.” pic.twitter.com/GqilPyC6xI — The Bitcoin Historian (@pete_rizzo_) February 10, 2026 Still, he decided he wasn’t going to sit the next major technology wave out. “For me it was very clear I got to do something in this industry,” Zhao said, describing Bitcoin as the second foundational technology of his working life after the internet. “I was 35, 36 — I wasn’t going to miss it. The next thing that’s going to come along is going to be 10, 15 years later… and that’s AI.” That conviction translated into an unusually blunt trade: The Binance founder said he sold his Shanghai apartment to buy Bitcoin. “I said look I’m going to sell my apartment in Shanghai and then buy Bitcoin,” he told Chamath Palihapitiya. The sale, he said, came in tranches and he bought each time cash hit, even as the market slid. “I sold the apartment… for roughly $900,000… The first trench at $800 and then Bitcoin is dropping $600, $400. Kind of averaged to about $600.” Related Reading: Binance SAFU Fund Adds 4,225 Bitcoin ($300M) As Price Reclaims $70K Level He also described the social proof that mattered to him in that era: the early builders and miners he met while trying to pressure-test his own understanding, and a small Bitcoin conference in Las Vegas in December 2013 that contrasted sharply with the “drug lords” narrative dominating headlines after the Silk Road arrest . “When you go to the conference it was like a bunch of kids, a bunch of geeks… and they’re very nice people,” Zhao said, name-checking attendees like Vitalik Buterin and Charlie Lee. Zhao’s account of “getting rich” isn’t a single lightning strike so much as a sequence: buying Bitcoin after liquidating property, then taking operating roles at early crypto companies (including Blockchain.info and OKCoin), and later building exchange infrastructure that became the foundation for Binance and its token-driven growth story. Today, the exact size of the Binance founder’s fortune depends on who’s counting and how they value private stakes and token holdings. Forbes’ real-time tracker listed Zhao at $78.8 billion as of Feb. 10, 2026, placing him among the world’s richest individuals. Bloomberg’s Billionaires Index, which uses its own daily methodology, showed a materially lower figure for Zhao about $52.2 billion on its global rich list around the same time. At press time, Binance Coin (BNB) traded at $592.44.

11 Feb 2026, 17:59

Crypto Crash Knocks Coinbase CEO Out of Top 500 Richest

Brian Armstrong has fallen off the list of the world’s 500 richest people as digital asset prices continue to slide. The Coinbase co-founder saw his fortune shrink sharply over the past seven months. His net worth now stands near $7.5 billion after peaking at $17.7 billion in July. The decline reflects the broader crypto downturn, which has erased billions in market value across the sector. Moreover, falling trading volumes and weaker sentiment have intensified pressure on crypto-linked equities. Coinbase Shares Mirror Bitcoin’s Slide Armstrong’s wealth ties closely to his 14% stake in Coinbase Global Inc. Consequently, the company’s stock performance directly affects his net worth. According to Bloomberg report , shares have dropped about 60% since reaching a high on July 18. On Tuesday alone, the stock slipped another 2.8%. Besides equity losses, analysts have lowered expectations for the firm. JPMorgan recently cut its price target for Coinbase by 27%. The bank cited softer crypto prices, weaker trading activity, and slower stablecoin growth. Hence, reduced market engagement has weighed heavily on revenue prospects. Bitcoin has also fallen about 50% since early October. Prices have moved sharply throughout the month, creating volatility across crypto markets. Additionally, declining asset values have reduced investor appetite for speculative exposure. Other Crypto Billionaires Face Similar Losses Armstrong does not stand alone in this downturn. Cameron and Tyler Winklevoss have also seen steep declines in wealth. Each brother now holds about $1.9 billion, down from $8.2 billion in October. Their company, Gemini, recently announced plans to cut roughly 25% of its workforce. Moreover, the firm has begun scaling back certain international operations. The slump in Bitcoin prices has also reduced the value of their political donations. Michael Novogratz of Galaxy Digital has faced similar challenges. His net worth fell to $6.2 billion from $10.3 billion in October. Galaxy reported a loss of about $500 million during the fourth-quarter crypto crash. Significantly, the firm’s exposure to volatile assets amplified the impact. Corporate Exposure Amplifies Volatility Michael Saylor, whose company Strategy holds large Bitcoin reserves, has also seen losses. His fortune now stands at $3.4 billion after dropping sharply from its July 2025 high. The bulk of his wealth links to his 8% stake in Strategy.

11 Feb 2026, 17:49

Coinbase Q4 earnings preview: Revenue likely to lag, long-term prospects intact

More on Coinbase Coinbase (COIN) Stock Analysis: Why The Quant System Says "Sell" | 2-Minute Analysis Coinbase Global: Buy This Correction On Long-Term Prospects Coinbase: Ride The Everything Expansion Prediction markets speak: See which stocks are favored to miss earnings this week Crypto-linked stocks rebound as bitcoin, ether rout ease

11 Feb 2026, 17:42

ChatGPT selfie trend raises fresh biometric privacy concerns in Kenya

OpenAI’s ChatGPT platform has sparked a viral social media sensation, with Kenyans re-feeding their personal data, including selfies, weeks after Sam Altman’s Worldcoin deleted all biometric data collected from Kenyan citizens. To generate a caricature, ChatGPT relies on content actively provided by the user, such as uploaded images, prompts, and descriptive information. Data Commissioner Immaculate Kassait warned Kenyan citizens that this practice shares biometric data freely, training AI models like OpenAI’s without user compensation. Kenyans freely give their biometrics to Altman’s bot This trend follows Kenya’s battle to delete its data from Worldcoin. Worldcoin is a crypto-backed digital identity project co-founded by OpenAI CEO Sam Altman. It is designed to verify that users are real humans by scanning their irises with specialised hardware in exchange for a digital ID and crypto tokens. Worldcoin’s operations in Kenya began in 2023 with the deployment of its signature “orb” devices, spherical scanners that captured iris and facial scans from participants. In exchange, users were offered 25 free Worldcoin tokens (Ksh 8,256 at the time) at the time. This incentive drew large crowds but also deep concern from privacy advocates and regulators. Kenya’s regulatory pushback was swift. In August 2023, the government suspended the project amid fears the data could be misused or transferred outside the country without sufficient safeguards. In May last year, the High Court ruled that the company behind Worldcoin violated the Data Protection Act of 2019 by collecting sensitive personal data without proper consent and without conducting a mandatory Data Protection Impact Assessment (DPIA). Last month, Cryptopolitan reported that the Office of the Data Protection Commissioner (ODPC) confirmed that all iris scans and other biometric identifiers gathered during Worldcoin’s 2023 enrolment exercise had been erased from the project’s systems. However, with the new AI caricatures is obtaining the very data that was deleted. During the process of creating it, ChatGPT requests a clear selfie, good lighting, a visible face, and no heavy filters. “I need your actual face once I have it, I can exaggerate the right features, sharpen the attitude, and dial the realism just right,” the bot states. To Ms Kassait, the AI caricatures trend is part of a phenomenon called surveillance capitalism. According to Harvard, it is a new form of capitalism that converts human behaviour into data for tracking, analysis, and monetisation. “What you have just done is share your biometrics. In the future, somebody doing analytics can actually tell every single thing about you. You clicked, you didn’t ask what the purpose is,” she added. To that end, she encouraged users to carefully read the platform’s terms before sharing. OpenAI expands Ad model as financial pressures mount The caricature trend emerges as AI companies face financial pressures. OpenAI recently introduced advertising in ChatGPT responses and launched a cheaper $8 monthly Go tier to increase revenue. OpenAI has approximately $13 billion in revenue and around $1.4 trillion in compute commitments. The AI company announced a string of partnerships in recent months. Among them, Nvidia said it would commit $100 billion to support OpenAI as it builds and deploys at least 10 gigawatts of Nvidia systems. More recently, OpenAI announced a $10 billion deal with chipmaker Cerebras to deploy 750 megawatts of Cerebras’ AI chips. It also has other agreements with AMD and Broadcom. Meanwhile, Anthropic and OpenAI are publicly clashing over their business strategies, especially the role of advertising in AI products. Anthropic paid for high-profile Super Bowl ads mocking OpenAI’s move to start showing ads in ChatGPT, using the tagline “Ads are coming to AI. But not to Claude.” Anthropic has committed $50 billion to building data centers in the US, but it will also spend money buying computers from players like Microsoft and Google. According to Anthropic, unlike OpenAI, it’s doing more with less. Sharpen your strategy with mentorship + daily ideas - 30 days free access to our trading program

11 Feb 2026, 16:57

Uniswap Token Jumps Following BlackRock Investment as BUIDL Goes DeFi

Uniswap’s governance token jumped after the decentralized exchange’s creators announced an integration with BlackRock's tokenized fund.