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The bank has also lowered price targets for Solana, XRP, BNB, and Avalanche, in addition to bitcoin and ether.
The head of the fourth-largest crypto exchange by daily trading volume also said he believes bitcoin’s four-year cycle is no longer a thing.
Bitcoin miner Cango has closed a $10.5 million equity investment and secured an additional $65 million in commitments as it pivots toward AI.
The current market downswing could be driven by institutional investors exiting positions, as crypto still presents too much risk for them.
Leaders from Citrea, Rootstock Labs and BlockSpaceForce argued that bitcoin’s scaling layers are less about throughput and more about turning the asset into a programmable financial base layer.
Onchain data shows nearly 49,000 BTC moved from miner wallets in two days, but public disclosures suggest the transfers do not reflect broad capitulation.
Lightning Labs has open-sourced a suite of tools that allow AI agents to run Lightning nodes and make payments.
Terpin argued that bitcoin’s post-halving bubble followed its typical arc and says history suggests the market may still face another wave of pain.
Your day-ahead look for Feb. 12, 2026
Bitcoin rose after the U.S. jobs report indicated employment growth in many sectors of the economy was restrained even as the headline number surged.
The crypto exchange finalized a 30-day plan to convert its stablecoin-backed user protection fund into 15,000 BTC, reinforcing bitcoin as its long-term reserve asset.
Binance has completed the $1 billion transition of its SAFU reserves into bitcoin, confirming the fund holds 15,000 BTC.
