"Yili Hua's opposing position" has closed all BTC long positions, with a weekly loss of over $28 million in total holdings.

JPMorgan Turns Bullish on Crypto 2026: ‘Institutional Flows Will Drive Recovery’ — Despite Bitcoin Below \$67K

JPMorgan has issued its most constructive crypto outlook in two years, predicting institutional inflows and regulatory clarity will fuel a 2026 recovery. The call comes as Bitcoin trades below estimated production cost ($77K) and the Crypto Fear & Greed Index sits at 12. We analyze the bank’s shifting stance, the miner capitulation signal, and the departure of Kinexys co‑head Naveen Mallela—progress, not panic.

The risk of a US government shutdown and its impact on Bitcoin

The likelihood of a U.S. government shutdown rose to 85%, stemming from budget negotiation deadlock. Potential economic consequences include federal employee furloughs and service interruptions. Financial markets may experience volatility, but Bitcoin shows unusual stability, suggesting investor confidence in its value storage role may depend on the shutdown's duration and impact.

Strategy Perpetual Preferred Stock STRC returns to $100 par value for the first time since mid-January

The perpetual preferred stock STRC issued by Strategy has regained the $100 par value during the U.S. trading session. This price level is critical for the company's additional Bitcoin issuance. STRC previously dipped to $93 along with Bitcoin fluctuations, but recent market rebound has restored its par value, with an annualized dividend yield of 11.25%.

Strategy Perpetual Preferred Stock STRC returns to $100, opening a new round of Bitcoin "financing buy-in" channel

Despite the recent continuous pullback in Bitcoin prices, enterprise-level crypto asset deployment has not slowed down. The perpetual preferred stock STRC issued by Strategy (MSTR) returned to the $100 par value range during U.S. trading hours for the first time since mid-January. This key price signal is interpreted by the market as the company's renewed ability to raise capital through the capital markets and continue increasing its Bitcoin holdings. STRC is a financing tool designed by Strategy for long-term Bitcoin acquisition. When its price approaches or exceeds par value, the company can resume the "at-the-market" (ATM) issuance model to continuously raise cash without significantly diluting common shares. The last time STRC traded above $100 was on January 16, when Bitcoin was still around $97,000. Subsequently, as Bitcoin briefly fell to the $60,000 range in early February, STRC was also dragged down to a low of $93.

Bitwise CEO reveals that their clients bought $11 million worth of Bitcoin during the market downturn

BlockBeats News, February 12 — Bitwise CEO Hunter Horsley stated, "One of Bitwise's wealth management clients had never allocated any assets to cryptocurrencies when they first contacted Bitwise two years ago. Today, as the market retraces, this client has invested $11 million in Bitcoin. For many investors who have yet to enter the crypto market, market retracements present an opportunity."

Bitcoin Teeters Above $60K as $350M in Leveraged Longs Face Liquidation — Is the Bottom Really In?

Bitcoin is trapped in a narrowing range between $60,000 and $70,000, with $350 million in leveraged long positions clustered near $60,500. Bears are eyeing a liquidity flush below the yearly low, yet K33 Research makes a “strong case” for a local bottom based on capitulation extremes. We analyze the liquidation heatmap, the split personality of derivatives traders, and what comes next.