Crypto market wobbles as investors ignore good news, look for ‘exit ramp’
Your day-ahead look for Feb. 13, 2026
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Your day-ahead look for Feb. 13, 2026
Kalshi expands sports risk hedging while courts weigh bans and U.S. regulators signal broader oversight of prediction markets.
Ark also bought $12 million worth of crypto-friendly investment platform Robinhood and $4 million worth of ether treasury firm Bitmine Immersion Technologies.
Derivatives show tentative optimism, with cleaned-up leverage, positive funding rates and rising institutional basis, even though traders are still paying a premium for short-term downside protection.
Kalshi has partnered with Game Point Capital for sports hedging as its Super Bowl trading topped $1 billion, and January volume surged.
A federal judge sentenced PGI founder Ramil Palafox to 20 years in prison for running a Bitcoin Ponzi scheme that raised over $200 million from customers between 2019 and 2021.
Mirae Asset noted in its disclosure that the purpose of this acquisition is to "secure future growth momentum based on digital assets."
Anthropic’s funding round lands as AI company rivalry turns increasingly public and personal among top founders.
Instead of investing in bitcoin and foreign currency trading, as promised, Palafox used new investor funds to pay old ones and siphoned millions for personal use.
Analysts expect bitcoin to continue to range between $60,000 and $72,000 as overhead supply and institutional outflows cap rallies.
The loss was uncovered during an audit launched after a separate 320 Bitcoin custody failure, raising fresh concerns over digital asset management by authorities.
A bitcoin price drop to $58,000 could reignite buying momentum.