🇺🇸 The U.S. Won’t Bail Out Bitcoin
U.S. Treasury Secretary Scott Bessent said the government will hold confiscated BTC, but will not buy Bitcoin to support the market or force banks to purchase BTC during downturns. 👀
The Strategic Bitcoin Reserve, created by executive order under Donald Trump, allows only:
• BTC obtained via asset seizures
• Budget-neutral swaps (e.g. oil, gold, or other reserves exchanged for BTC)
No taxpayer-funded purchases, no market rescues. 🤷
The comments came after crypto critic Congressman Brad Sherman asked whether the Treasury could “save Bitcoin” or mandate bank buying. Bessent made it clear: neither he nor regulators have such authority.
Notably, seized BTC held by the U.S. government has reportedly grown from ~$500M to over $15B in value — but Washington has no plans to actively step in if the market falls.
📉 Translation: Bitcoin is on its own. No Fed put. No government backstop.
U.S. Treasury Secretary Scott Bessent said the government will hold confiscated BTC, but will not buy Bitcoin to support the market or force banks to purchase BTC during downturns. 👀
The Strategic Bitcoin Reserve, created by executive order under Donald Trump, allows only:
• BTC obtained via asset seizures
• Budget-neutral swaps (e.g. oil, gold, or other reserves exchanged for BTC)
No taxpayer-funded purchases, no market rescues. 🤷
The comments came after crypto critic Congressman Brad Sherman asked whether the Treasury could “save Bitcoin” or mandate bank buying. Bessent made it clear: neither he nor regulators have such authority.
Notably, seized BTC held by the U.S. government has reportedly grown from ~$500M to over $15B in value — but Washington has no plans to actively step in if the market falls.
📉 Translation: Bitcoin is on its own. No Fed put. No government backstop.
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📉 Bitcoin briefly dips below $70,000 for the first time since Nov 2024
🙀 BTC slipped under $70K, nearly touching $69,000 and marking a 15-month low. Price has since bounced back above $70,000, but the move looks more like a short-term relief bounce than a trend reversal.
The key question remains: where is the real bottom? 👀
🔎 According to CryptoQuant analysts, the “true” BTC capitulation has not started yet. Unrealized loss metrics suggest that panic selling is still limited, meaning further downside cannot be ruled out before the market fully resets.
🙀 BTC slipped under $70K, nearly touching $69,000 and marking a 15-month low. Price has since bounced back above $70,000, but the move looks more like a short-term relief bounce than a trend reversal.
The key question remains: where is the real bottom? 👀
🔎 According to CryptoQuant analysts, the “true” BTC capitulation has not started yet. Unrealized loss metrics suggest that panic selling is still limited, meaning further downside cannot be ruled out before the market fully resets.
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Vitalik Buterin criticized similar L2 networks
🧑💻Ethereum co-founder Vitalik Buterin doubled down on his criticism of look-alike L2 networks, calling the endless launch of “yet another EVM chain and add an optimistic bridge to Ethereum with a 1 week delay” a dead end.
According to Vitalik:
• We don’t need more copy-paste EVMs
• We definitely don’t need new L1s
• Ethereum L1 is already scaling and will provide enough EVM blockspace
Instead, builders should focus on real innovation: privacy, app-specific chains, non-financial use cases (social, AI), and architectures that actually add new capabilities. 👀
He highlighted app-chains as a strong model, using prediction markets as an example: markets and users live on Ethereum L1, while trading happens on an L2 — creating deep, native integration rather than an afterthought bridge. 🔮
Vitalik’s key message:
• Build something genuinely new
• Don’t fake your Ethereum connection
• Your public narrative must match your actual architecture
🧑💻Ethereum co-founder Vitalik Buterin doubled down on his criticism of look-alike L2 networks, calling the endless launch of “yet another EVM chain and add an optimistic bridge to Ethereum with a 1 week delay” a dead end.
According to Vitalik:
• We don’t need more copy-paste EVMs
• We definitely don’t need new L1s
• Ethereum L1 is already scaling and will provide enough EVM blockspace
Instead, builders should focus on real innovation: privacy, app-specific chains, non-financial use cases (social, AI), and architectures that actually add new capabilities. 👀
He highlighted app-chains as a strong model, using prediction markets as an example: markets and users live on Ethereum L1, while trading happens on an L2 — creating deep, native integration rather than an afterthought bridge. 🔮
Vitalik’s key message:
• Build something genuinely new
• Don’t fake your Ethereum connection
• Your public narrative must match your actual architecture
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The red-candle parade continues 😢
Bitcoin is testing the $67K zone, while Ethereum has already slipped below $2,000, adding more pressure across the market. 📉
🔻 Unrealized losses are stacking up:
▪️ Michael Saylor (Strategy): −$6.2B
▪️ Tom Lee (BitMine / ETH exposure): −$7.95B
Even the most committed bulls are no longer counting upside multiples — they’re measuring drawdowns instead. Looks like peaceful sleep is officially off the table 😱
Bitcoin is testing the $67K zone, while Ethereum has already slipped below $2,000, adding more pressure across the market. 📉
🔻 Unrealized losses are stacking up:
▪️ Michael Saylor (Strategy): −$6.2B
▪️ Tom Lee (BitMine / ETH exposure): −$7.95B
Even the most committed bulls are no longer counting upside multiples — they’re measuring drawdowns instead. Looks like peaceful sleep is officially off the table 😱
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😱 $2.6B liquidations in 24 hours — extreme fear is back
A brutal night for crypto markets. BTC briefly dropped to $60,000, while ETH fell to $1,750, triggering a wave of forced liquidations.
▪️ $2.6 billion in futures positions were liquidated in the last 24 hours.
A likely catalyst was Strategy’s Q4 2025 financial report:
▸ The company reported a $12.4B loss amid BTC’s decline.
▸ Strategy still holds $2.25B in liquid assets, enough to cover debt interest and dividends for ~2.5 years — but the headline spooked the market.
😱 The Fear & Greed Index collapsed to 9 — “Extreme Fear”, a level not seen since June 2022.
That period marked the peak of the “crypto winter,” witht the collapse of Celsius Network, downfall of Three Arrows Capital (3AC) and ngoing domino effects after the Terra/LUNA crash.
A brutal night for crypto markets. BTC briefly dropped to $60,000, while ETH fell to $1,750, triggering a wave of forced liquidations.
▪️ $2.6 billion in futures positions were liquidated in the last 24 hours.
A likely catalyst was Strategy’s Q4 2025 financial report:
▸ The company reported a $12.4B loss amid BTC’s decline.
▸ Strategy still holds $2.25B in liquid assets, enough to cover debt interest and dividends for ~2.5 years — but the headline spooked the market.
😱 The Fear & Greed Index collapsed to 9 — “Extreme Fear”, a level not seen since June 2022.
That period marked the peak of the “crypto winter,” witht the collapse of Celsius Network, downfall of Three Arrows Capital (3AC) and ngoing domino effects after the Terra/LUNA crash.
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🏦 Strategy: balance sheet risk only if BTC hits $8,000
Strategy CEO Phong Le said that Bitcoin would need to fall to ~$8,000 and stay there for 5–6 years before Strategy faces real problems servicing its convertible debt. 👀
The company reported a $12.6B net loss in Q4, driven mainly by unrealized BTC losses under mark-to-market accounting. Still, management emphasized a long-term strategy and sufficient resilience to handle prolonged volatility. 📈
Strategy CEO Phong Le said that Bitcoin would need to fall to ~$8,000 and stay there for 5–6 years before Strategy faces real problems servicing its convertible debt. 👀
The company reported a $12.6B net loss in Q4, driven mainly by unrealized BTC losses under mark-to-market accounting. Still, management emphasized a long-term strategy and sufficient resilience to handle prolonged volatility. 📈
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🎢 Bitcoin back at $70,000 — relief rally or just a pause?
BTC has reclaimed the $70K level as the market staged a solid evening recovery. Altcoins followed, with XRP jumping ~17%, rewarding those who bought the dip overnight. 🚀
However, Santiment founder Maksim Balashevich argues that a true bullish signal for Bitcoin usually appears only when sentiment is at its worst. In his view, a potential liquidation of Michael Saylor’s position could become the final capitulation event that marks a market bottom.
The logic is simple: when the market’s strongest symbol of conviction breaks, fear peaks — and reversals often follow. A historical parallel is FTX’s collapse in 2022, after which BTC entered a long-term uptrend.
📊 His outlook:
• Possible BTC rebound toward $92–95K
• Rally may be interrupted by another sell-off
• A $250K BTC in 2026 is seen as unlikely 🤷
BTC has reclaimed the $70K level as the market staged a solid evening recovery. Altcoins followed, with XRP jumping ~17%, rewarding those who bought the dip overnight. 🚀
However, Santiment founder Maksim Balashevich argues that a true bullish signal for Bitcoin usually appears only when sentiment is at its worst. In his view, a potential liquidation of Michael Saylor’s position could become the final capitulation event that marks a market bottom.
The logic is simple: when the market’s strongest symbol of conviction breaks, fear peaks — and reversals often follow. A historical parallel is FTX’s collapse in 2022, after which BTC entered a long-term uptrend.
📊 His outlook:
• Possible BTC rebound toward $92–95K
• Rally may be interrupted by another sell-off
• A $250K BTC in 2026 is seen as unlikely 🤷
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🤯 Bithumb glitch sends shockwaves across the market
Yesterday, Bithumb mistakenly credited hundreds of users with 2,000 BTC instead of 2,000 KRW (~$1.5). Some recipients reacted instantly and market-sold the coins, smashing the order book. 💵📗
As a result, BTC on Bithumb briefly traded ~10% below the global market price, creating a sharp local dislocation. 📉
⚡️ The exchange moved quickly: within 35 minutes, Bithumb restricted trading and withdrawals for 695 affected accounts. According to the exchange, 99.7% of the mistakenly distributed BTC has now been recovered.
In total, the error involved around 620,000 BTC (≈$44B) in mistaken credits, with only a tiny fraction remaining unresolved. 😏
Yesterday, Bithumb mistakenly credited hundreds of users with 2,000 BTC instead of 2,000 KRW (~$1.5). Some recipients reacted instantly and market-sold the coins, smashing the order book. 💵📗
As a result, BTC on Bithumb briefly traded ~10% below the global market price, creating a sharp local dislocation. 📉
⚡️ The exchange moved quickly: within 35 minutes, Bithumb restricted trading and withdrawals for 695 affected accounts. According to the exchange, 99.7% of the mistakenly distributed BTC has now been recovered.
In total, the error involved around 620,000 BTC (≈$44B) in mistaken credits, with only a tiny fraction remaining unresolved. 😏
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🖥 Bitcoin Mining Difficulty Drops 11.2%
📉Bitcoin mining difficulty has fallen by 11.2% — the largest decline since the July 2021 crash, which followed China’s mining ban.
Such a sharp adjustment suggests a significant share of miners went offline, likely due to reduced profitability, higher energy costs, or market pressure. For remaining miners, the drop temporarily improves conditions: less competition, faster block discovery, and potentially higher margins.
Historically, major difficulty declines often coincide with periods of miner capitulation and can signal a market reset — though not necessarily an immediate trend reversal. 👀
📉Bitcoin mining difficulty has fallen by 11.2% — the largest decline since the July 2021 crash, which followed China’s mining ban.
Such a sharp adjustment suggests a significant share of miners went offline, likely due to reduced profitability, higher energy costs, or market pressure. For remaining miners, the drop temporarily improves conditions: less competition, faster block discovery, and potentially higher margins.
Historically, major difficulty declines often coincide with periods of miner capitulation and can signal a market reset — though not necessarily an immediate trend reversal. 👀
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🇰🇷 South Korea Tightens Crypto Market Oversight
📢 South Korea’s financial regulator has announced stricter supervision of the crypto market, focusing on price manipulation and exchanges’ responsibility for IT failures.
The move follows a major incident at Bithumb, where during a promo campaign the exchange mistakenly distributed 620,000 BTC (~$44B) to users. According to Bithumb, 99.7% of the funds were recovered. 🧐
Regulators will now place exchanges under closer scrutiny, especially regarding system stability and internal controls. The goal is to reduce systemic risks and protect retail investors amid growing market volatility.
Key areas under special control:
• Price manipulation by large holders (“whales”)
• Artificial token pumps with deposits/withdrawals frozen
• Manipulation via API-based orders
• Spreading fake information on social media
South Korea signals a tougher stance: fewer gray zones for exchanges, higher compliance costs, and stricter accountability for market abuse.
📢 South Korea’s financial regulator has announced stricter supervision of the crypto market, focusing on price manipulation and exchanges’ responsibility for IT failures.
The move follows a major incident at Bithumb, where during a promo campaign the exchange mistakenly distributed 620,000 BTC (~$44B) to users. According to Bithumb, 99.7% of the funds were recovered. 🧐
Regulators will now place exchanges under closer scrutiny, especially regarding system stability and internal controls. The goal is to reduce systemic risks and protect retail investors amid growing market volatility.
Key areas under special control:
• Price manipulation by large holders (“whales”)
• Artificial token pumps with deposits/withdrawals frozen
• Manipulation via API-based orders
• Spreading fake information on social media
South Korea signals a tougher stance: fewer gray zones for exchanges, higher compliance costs, and stricter accountability for market abuse.
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🐻 Why Bears Are Likely to Lose
Bernstein analysts argue that the bearish case for Bitcoin is now one of the weakest in history, with few strong arguments left to justify a prolonged decline.
Key factors:
▪️ Big capital has entered the market.
Spot ETFs and clearer US regulation have attracted long-term institutional investors rather than short-term speculators.
▪️ Miners are more resilient.
Their revenues are no longer tied solely to BTC, with added income from AI workloads, data centers, and energy contracts.
▪️ Lower political risk.
Crypto is now part of the US policy agenda, and the market no longer prices in sudden bans.
Bernstein also reiterates a $150K BTC price target for this year. 🔥
Bullish tailwinds:
🔹 More companies are holding BTC as a reserve asset instead of USD
🔹 Supply squeeze: very little free BTC left on exchanges
🔹 Potential liquidity growth amid future Fed rate cuts
These arguments look convincing — but bears don’t seem ready to give up yet, as BTC has slipped back below $70k 🧐
Bernstein analysts argue that the bearish case for Bitcoin is now one of the weakest in history, with few strong arguments left to justify a prolonged decline.
Key factors:
▪️ Big capital has entered the market.
Spot ETFs and clearer US regulation have attracted long-term institutional investors rather than short-term speculators.
▪️ Miners are more resilient.
Their revenues are no longer tied solely to BTC, with added income from AI workloads, data centers, and energy contracts.
▪️ Lower political risk.
Crypto is now part of the US policy agenda, and the market no longer prices in sudden bans.
Bernstein also reiterates a $150K BTC price target for this year. 🔥
Bullish tailwinds:
🔹 More companies are holding BTC as a reserve asset instead of USD
🔹 Supply squeeze: very little free BTC left on exchanges
🔹 Potential liquidity growth amid future Fed rate cuts
These arguments look convincing — but bears don’t seem ready to give up yet, as BTC has slipped back below $70k 🧐
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📱 Strategy Buys More Bitcoin
Strategy has added 1,142 BTC to its balance sheet, spending $90 million at an average price of $78,815 per coin. 💵
As of February 8, 2026, the company holds 714,644 BTC, acquired for a total of $54.35 billion at an average price of $76,056 per BTC.
The purchase highlights Strategy’s continued commitment to Bitcoin accumulation, even at elevated price levels.
This time, however, the timing wasn’t perfect — Strategy missed the chance to buy around $60,000 and rushed in closer to $78k 😁
Strategy has added 1,142 BTC to its balance sheet, spending $90 million at an average price of $78,815 per coin. 💵
As of February 8, 2026, the company holds 714,644 BTC, acquired for a total of $54.35 billion at an average price of $76,056 per BTC.
The purchase highlights Strategy’s continued commitment to Bitcoin accumulation, even at elevated price levels.
This time, however, the timing wasn’t perfect — Strategy missed the chance to buy around $60,000 and rushed in closer to $78k 😁
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🛏 Has Satoshi Nakamoto Awakened?
Two days ago, an unknown wallet sent 2.56 BTC (~$180,000) to an address associated with Bitcoin’s creator, Satoshi Nakamoto. Historically, transfers to this wallet were usually symbolic — rarely exceeding $50. 🤔
What makes this notable is the scale of Satoshi’s holdings: at current prices, they’re estimated at around $75 billion. Against that backdrop, $180k is essentially pocket change.
The transfer has reignited speculation across the crypto community. Is this just another random donation, or could it hint at something more deliberate?
Is Satoshi quietly consolidating dust from multiple wallets — or just reminding the market that he’s still watching? 😏
Two days ago, an unknown wallet sent 2.56 BTC (~$180,000) to an address associated with Bitcoin’s creator, Satoshi Nakamoto. Historically, transfers to this wallet were usually symbolic — rarely exceeding $50. 🤔
What makes this notable is the scale of Satoshi’s holdings: at current prices, they’re estimated at around $75 billion. Against that backdrop, $180k is essentially pocket change.
The transfer has reignited speculation across the crypto community. Is this just another random donation, or could it hint at something more deliberate?
Is Satoshi quietly consolidating dust from multiple wallets — or just reminding the market that he’s still watching? 😏
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🐃 A Bullish Signal for BTC?
In a recent episode of Mad Money, Jim Cramer said that Bitcoin has “lost its luster.” 🔥
Given Cramer’s long-standing reputation as a contrarian indicator, the crypto community on X (Twitter) took the comment as a bullish sign rather than a bearish one.
Historically, Cramer’s negative calls have often coincided with market bottoms or the early stages of reversals — which is why many traders are now jokingly labeling this as a potential BTC buy signal.📈💵
In a recent episode of Mad Money, Jim Cramer said that Bitcoin has “lost its luster.” 🔥
Given Cramer’s long-standing reputation as a contrarian indicator, the crypto community on X (Twitter) took the comment as a bullish sign rather than a bearish one.
Historically, Cramer’s negative calls have often coincided with market bottoms or the early stages of reversals — which is why many traders are now jokingly labeling this as a potential BTC buy signal.📈💵
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🙏 A New Hope for Crypto Bulls
Crypto analysts have found a fresh reason for optimism: Bitcoin has never closed both January and February in the red consecutively. 🤔
This historical pattern is now being cited as a potential bullish signal, fueling expectations that BTC could push back above $80k before the end of the month. 📈
While such seasonality arguments are hardly a guarantee, they offer the market a simple narrative to lean on — especially in times when sentiment needs even the smallest spark of hope. 🥹
Crypto analysts have found a fresh reason for optimism: Bitcoin has never closed both January and February in the red consecutively. 🤔
This historical pattern is now being cited as a potential bullish signal, fueling expectations that BTC could push back above $80k before the end of the month. 📈
While such seasonality arguments are hardly a guarantee, they offer the market a simple narrative to lean on — especially in times when sentiment needs even the smallest spark of hope. 🥹
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📉 Bitcoin Hashprice Hits $0.03 per TH
Bitcoin’s hashprice — the revenue miners earn per terahash — has dropped to around $0.03/TH, putting heavy pressure on mining profitability. 🛠
As a result, the network adjusted mining difficulty down by 11%, marking the largest negative difficulty change since China’s mining ban in 2021. 🗒
Bitcoin’s hashprice — the revenue miners earn per terahash — has dropped to around $0.03/TH, putting heavy pressure on mining profitability. 🛠
As a result, the network adjusted mining difficulty down by 11%, marking the largest negative difficulty change since China’s mining ban in 2021. 🗒
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Hyperliquid Quietly Overtakes Coinbase! 🔥
The decentralized exchange Hyperliquid is quietly outperforming public giant Coinbase across key metrics. 💹
Total trading volume on Hyperliquid has reached $2.6 trillion, compared to $1.4 trillion on Coinbase. Market performance also tells a contrasting story: HYPE is up 31% YTD, while Coinbase shares are down 27% over the same period. 📊
The data highlights a broader shift in market structure — as traders increasingly favor high-performance DEXs, decentralized platforms are starting to rival and even surpass centralized exchanges on scale and efficiency. 💪
The decentralized exchange Hyperliquid is quietly outperforming public giant Coinbase across key metrics. 💹
Total trading volume on Hyperliquid has reached $2.6 trillion, compared to $1.4 trillion on Coinbase. Market performance also tells a contrasting story: HYPE is up 31% YTD, while Coinbase shares are down 27% over the same period. 📊
The data highlights a broader shift in market structure — as traders increasingly favor high-performance DEXs, decentralized platforms are starting to rival and even surpass centralized exchanges on scale and efficiency. 💪
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⛏️ Bitcoin Nears 20 Million Mined Coins
In roughly one month, Bitcoin will cross a major milestone: 20 million BTC mined out of the hard cap of 21 million. 🙀
That means only 1 million BTC will remain to be mined — a process that will stretch over the next ~120 years due to Bitcoin’s halving schedule and decreasing block rewards. 👀
This milestone highlights Bitcoin’s built-in scarcity and long-term supply shock. With most coins already in circulation and demand continuing to grow, the narrative of digital gold becomes even harder to ignore. 🤔
In roughly one month, Bitcoin will cross a major milestone: 20 million BTC mined out of the hard cap of 21 million. 🙀
That means only 1 million BTC will remain to be mined — a process that will stretch over the next ~120 years due to Bitcoin’s halving schedule and decreasing block rewards. 👀
This milestone highlights Bitcoin’s built-in scarcity and long-term supply shock. With most coins already in circulation and demand continuing to grow, the narrative of digital gold becomes even harder to ignore. 🤔
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⚰️ Bitcoin Has Been “Declared Dead” 463 Times
Since 2010, Bitcoin has been pronounced “dead” 463 times by critics and media headlines.
😵 If you had invested just $100 in BTC after each of those obituaries, today that “dead Bitcoin” portfolio would be worth around $73.5 million.
Moments of fear, doubt, and negative sentiment have repeatedly turned out to be long-term buying opportunities. And judging by the current mood, today might be one of those moments again — maybe worth another $100 😉
Since 2010, Bitcoin has been pronounced “dead” 463 times by critics and media headlines.
😵 If you had invested just $100 in BTC after each of those obituaries, today that “dead Bitcoin” portfolio would be worth around $73.5 million.
Moments of fear, doubt, and negative sentiment have repeatedly turned out to be long-term buying opportunities. And judging by the current mood, today might be one of those moments again — maybe worth another $100 😉
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📊 Glassnode: BTC Market Structure Echoes Early May 2022
🔎 On-chain analytics firm Glassnode notes that Bitcoin’s current market structure — particularly unrealized losses of ~16% of BTC’s market cap at ~$70K — resembles conditions seen in early May 2022, around the time of the Terra-Luna collapse. 📉
That period was marked by rising selling pressure and broader downside momentum, and the similarity has sparked discussion among analysts about market sentiment and potential stress points. The metric reflects how many holders are in the red and can help gauge market pain versus past correction phases.🤕🤒
While this doesn’t guarantee a repeat of 2022’s larger downturn, it highlights the importance of on-chain indicators in understanding where BTC stands in the current cycle. 👀
🔎 On-chain analytics firm Glassnode notes that Bitcoin’s current market structure — particularly unrealized losses of ~16% of BTC’s market cap at ~$70K — resembles conditions seen in early May 2022, around the time of the Terra-Luna collapse. 📉
That period was marked by rising selling pressure and broader downside momentum, and the similarity has sparked discussion among analysts about market sentiment and potential stress points. The metric reflects how many holders are in the red and can help gauge market pain versus past correction phases.🤕🤒
While this doesn’t guarantee a repeat of 2022’s larger downturn, it highlights the importance of on-chain indicators in understanding where BTC stands in the current cycle. 👀
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😐 Binance Controls 87% of Trump Family Stablecoin Supply
According to Forbes, Binance controls around 87% of the supply of the USD1 stablecoin, linked to the Trump family. That’s roughly $4.7B out of $5.4B in circulation — an unprecedented level of concentration for a major stablecoin. 💵
This comes alongside several notable developments:
• In October, Donald Trump pardoned Binance founder Changpeng Zhao.
• The SEC dropped its case against Binance shortly after USD1 was listed.
• Following the listing, Binance began actively promoting the USD1 stablecoin.
An interesting detail: Binance US holds only 1,119 USD1, suggesting that most of the liquidity and holders are located outside the United States. 🤔
According to Forbes, Binance controls around 87% of the supply of the USD1 stablecoin, linked to the Trump family. That’s roughly $4.7B out of $5.4B in circulation — an unprecedented level of concentration for a major stablecoin. 💵
This comes alongside several notable developments:
• In October, Donald Trump pardoned Binance founder Changpeng Zhao.
• The SEC dropped its case against Binance shortly after USD1 was listed.
• Following the listing, Binance began actively promoting the USD1 stablecoin.
An interesting detail: Binance US holds only 1,119 USD1, suggesting that most of the liquidity and holders are located outside the United States. 🤔
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