It’s been another very active trading weekend. Surprisingly, memes did well during Valentine’s. That tells you the market is still alive, even when sentiment feels mixed.
However, this week wasn’t only about meme runners. There are major developments around Brazil Bitcoin, Dutch tax law, X launching trading, Trump’s digital token initiative, and fresh airdrop opportunities. As always, we’re here to bring you the latest crypto news.
Let’s dive in.
Brazil Proposes Plan to Buy 1 Million Bitcoin Over Five Years
Brazil’s Congress is once again debating a bold proposal that could reshape the country’s financial strategy.
Lawmakers have reintroduced a bill that would allow the gradual purchase of up to 1 million Bitcoin over five years, creating what they call the Strategic Sovereign Bitcoin Reserve (RESbit).
If approved, Brazil could become one of the largest sovereign Bitcoin holders in the world.
How This Could Impact Bitcoin’s Supply
Bitcoin has a fixed supply of 21 million coins. A large portion is lost forever or held long term.
If Brazil accumulates 1,000,000 BTC over five years:
- Circulating supply tightens.
- Market liquidity decreases.
- Long-term scarcity increases.
If purchases are gradual, price impact may not be immediate. However, steady government buying creates structural demand.
Markets often move before policies are implemented. If momentum builds in Congress, traders may front-run the narrative.
When Could Price Effects Begin?
The bill still needs to pass committees. Brazil’s central bank may resist, since Bitcoin is not currently part of official reserves.
This could take months.
Still, sentiment alone can move markets. Early price action would likely be speculation-driven. Later moves would depend on actual buying activity.
Broader Crypto Impact
If Brazil commits roughly $68 billion to Bitcoin over time, other emerging economies may reconsider their reserve strategies.
Bitcoin’s “digital gold” narrative strengthens.
Government participation could also:
- Increase institutional confidence
- Reduce perceived regulatory risk
- Accelerate sovereign adoption
The discussion alone signals a shift in how nations view Bitcoin — not just speculation, but strategic reserve potential.
And that is a big deal for Brazil Bitcoin.
Airdrop Updates and Claims
Never miss airdrops. That’s still the core strategy in slower markets.
When volatility compresses, farming becomes even more important.
Here are some updates.
Tether Invests in DreamCash
Tether investing in DreamCash is interesting. Whenever major stablecoin issuers back a project, liquidity tends to follow.
Keep this one on the radar. Early positioning matters in these cases.
Robinhood Testnet Is Live
Robinhood’s testnet is now live, which means farming opportunities.
Testnets are often overlooked. However, history shows they can be some of the best low-capital plays.
Interacting early can qualify you for future incentives.
Soneium S7 Is Live
Soneium S7 is now active. That opens new interaction possibilities.
Bridging, staking, liquidity provision — all worth exploring if you are actively farming.
The rule remains simple: consistent participation beats chasing hype.
X to Launch Crypto and Stock Trading
Elon Musk’s platform X is about to move deeper into financial services.
The company will allow users to trade stocks and cryptocurrencies directly from their timelines.
What Are Smart Cashtags?
X is introducing “Smart Cashtags.”
Users will be able to:
- Click ticker symbols inside posts
- Execute trades directly from the app
- Interact with markets without leaving the platform
The goal is clear. X wants to become Musk’s “everything app.”
The X Money Beta Launch
It’s that time. X Money, the in-house payments system, is preparing for external beta within one to two months.
The idea is to integrate messaging, payments, and investing in one ecosystem.
This blurs the line between social media and brokerage platforms.
Musk’s Crypto History
Elon Musk has long been involved in crypto.
- Tesla holds 11,509 BTC.
- SpaceX controls roughly 8,285 BTC.
He has also supported Dogecoin over the years, even saying he may put DOGE “on the moon.”
If X successfully integrates trading, this could bring massive retail exposure.
Learn what smart airdrops farmers do differently.
Dutch Lawmakers Approve 36% Tax on Unrealized Gains
This one hits close to home for me.
Starting January 2028, Dutch residents may pay 36% tax on unrealized gains in crypto, stocks, and bonds.
That means paper profits are taxed — even if you do not sell.
How the New System Works
Under the new Box 3 regime:
- 36% flat tax on actual annual returns
- Applies to unrealized gains
- €1,800 annual tax-free return threshold
- Unlimited loss carry-forward above €500
Real estate and startup shares follow different rules.
Liquidity Risk
This creates a practical issue.
You could owe taxes on gains you never realized in cash.
That forces potential asset sales just to pay tax.
For crypto holders especially, this is problematic.
Many investors may consider relocation. And honestly, I understand that logic.
I already moved out over a decade ago. Seeing this from distance, it feels like investing becomes structurally unattractive under this model.
The bill still needs Senate approval. But sentiment around it is extremely negative.
Trump Media announced plans to distribute digital tokens to shareholders.
Each shareholder of DJT as of February 2, 2026, is eligible to receive one token per whole share.
The token:
- Is not equity
- Will not have assigned cash value
- May allow participation in future programs
This is not a traditional dividend. It is more of a digital reward system.
Could it evolve into something larger? Possibly.
Airdrop culture is now entering public markets.
Coinbase Posts $667 Million Net Loss
Coinbase posted a $667 million net loss in Q4.
Revenue declined 20% to $1.8 billion.
Bitcoin has fallen nearly 50% from October’s high. Retail activity slowed.
What’s Changing?
Coinbase has diversified:
- Acquired Deribit (options exposure)
- Expanded into stock trading
- Added prediction markets
- Increased stablecoin revenue
Stablecoin revenue sharing tied to USD Coin remains critical.
However, draft stablecoin legislation in Washington could restrict reward programs.
That could impact revenue streams.
Is This a Bear Market?
Some analysts call it mid-cycle pullback.
Others say it’s the halfway point of a bear market.
For exchanges, the difference matters.
Diversification helps. But trading volume still drives earnings.
Retail seems cautious but not absent.
That’s a key distinction.
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Final Words
This week showed something interesting.
While memes run on Valentine’s, governments debate sovereign Bitcoin reserves.
Even while retail slows down, platforms like X prepare integrated trading.
And some countries tighten tax laws, others explore strategic accumulation.
Markets evolve fast.
For now:
- Watch Brazil Bitcoin developments closely.
- Keep farming smart.
- Manage liquidity risk if you are exposed to high-tax jurisdictions.
- Stay flexible.
And remember, in quiet markets, positioning matters more than hype.
If you enjoyed this blog, you may want to check our other crypto news updates.
As always, don’t forget to claim your bonus below on Bybit. See you next time!
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