In this weekly recap, we cover:

• Ethereum’s 27% Drop and Recovery: ETH crashed on news of Trump’s tariffs before rebounding as trade tensions temporarily eased.
• Ethereum’s Supply Surge: Post-Merge deflation is in question as Ethereum’s supply returns to pre-Merge levels, fueled by the Dencun upgrade.
• Trump’s Crypto Play: His administration is evaluating a U.S. Bitcoin strategic reserve, with states like Utah already moving forward on similar plans.
• XRP Ledger’s Hour-Long Halt: Validators failed to reach consensus, leading to a 64-minute freeze in transactions before the network recovered.
• SEC’s Crypto Enforcement Unit Shrinks: Dozens of SEC lawyers are reassigned as the agency softens its stance on crypto regulation.
• FTX’s Bahamas Creditors Get Paid: Affected users with claims under $50,000 will receive full reimbursements plus interest starting Feb. 18.
• Coinbase Users Lose $300 Million to Scams: Crypto investigator ZachXBT reports widespread social engineering scams targeting Coinbase users.
• MicroStrategy Rebrands to ‘Strategy’: The company doubles down on its Bitcoin-first vision, despite reporting another quarterly loss.
• SEC Crypto Litigator Reassigned to IT: Former enforcement deputy Jorge Tenreiro is now troubleshooting computer systems