According to Odaily Planet Daily, Bernstein stated that although Robinhood's stock price is under short-term pressure due to declining crypto revenue, the firm believes this is merely a temporary "crypto market sentiment fluctuation" and maintains its $160 price target and "outperform" rating, corresponding to approximately 87% upside from the recent closing price. The analyst also emphasized that the rapid growth of its prediction market business will drive Robinhood's rise; data shows that this business already accounts for approximately 14% of Robinhood's transactional revenue and approximately 8% of its total revenue. The platform's prediction market trading volume reached 8.5 billion contracts in the fourth quarter, higher than previously expected, and the volume is projected to reach 4 billion contracts by early 2026, with a full-year forecast of 27 billion contracts. (The Block)

According to Odaily Planet Daily, executives from Franklin Templeton, SWIFT, and Ledger stated that tokenized money market funds and digital bank deposits are moving from the pilot phase to the early stages of financial infrastructure, potentially enabling the banking system to operate 24/7 natively on-chain. Chetan Karkhanis, Head of Digital Assets at Franklin Templeton, stated that the company is focusing on tokenizing money market funds, achieving 24/7 liquidity and reducing operating costs by 5 to 15 basis points by natively issuing fund units on-chain and supporting access from self-custodied wallets or exchanges. However, institutional adoption is still in its early stages. Industry data shows that the current on-chain stablecoin market is approximately $300 billion, and tokenized US Treasury bonds and other RWAs are around $40 billion, still a relatively small percentage compared to the global wealth exceeding $200 trillion. (Coindesk)

Odaily Planet Daily reports that bearish sentiment dominates the cryptocurrency market, with Bitcoin and Ethereum continuing their decline. In the past 24 hours, Bitcoin fell approximately 2.4% to around $66,900, while Ethereum fell approximately 2.7%, breaking below the $2,000 mark. On the macro front, a weakening US dollar and declining US Treasury yields have fueled market expectations of a Federal Reserve rate cut. Polymarket data shows the probability of a March rate cut has risen from 7% at the beginning of the month to approximately 19%, while Kalshi market data shows approximately 21%. In the derivatives market, BTC futures open interest fell to $15.6 billion, indicating a continued deleveraging trend. Funding rates have further turned negative (Binance approximately -6%, Bybit approximately -0.5%), and the three-month basis has narrowed to 1.6%, reflecting a rapid cooling of institutional risk appetite. (CoinDesk)

Odaily Planet Daily reports that Intercontinental Exchange (ICE), the parent company of the NYSE, has announced the launch of seven CoinDesk index cryptocurrency futures contracts, including: ICE CoinDesk 20 Index Futures, ICE CoinDesk 5 Index Futures, ICE CoinDesk Bitcoin Futures, ICE CoinDesk Ether Futures, ICE CoinDesk Solana Futures, ICE CoinDesk XRP Futures, and ICE CoinDesk BNB Futures. These contracts are denominated in US dollars and settled in cash. Furthermore, ICE also revealed plans to launch a one-month CoinDesk Overnight Rate (CDOR) USDC futures contract based on the CoinDesk overnight rate, subject to regulatory approval. (Businesswire)

Odaily Planet Daily reports that the London Stock Exchange Group (LSEG) has announced plans to integrate private equity funds into its Blockchain Digital Market Infrastructure (DMI) to build an end-to-end digital distribution network for the private equity market. This network will cover the entire lifecycle of asset issuance, tokenization, distribution, settlement, and ongoing management, improving fundraising efficiency and investor reach. The service is expected to launch in the first half of 2026. (Finextra)