Bitcoin News

UBS, Switzerland's largest bank, has significantly increased its Bitcoin exposure by 300% through IBIT. According to NS3.AI, this move highlights a substantial expansion of UBS's involvement in the cryptocurrency sector. The development underscores the growing institutional interest and adoption of digital assets by major financial institutions.

Bitcoin's network hashrate has experienced a significant increase of over 20% in the past two weeks. According to NS3.AI, this surge follows disruptions caused by a U.S. winter storm and regulatory challenges. The rebound is largely due to U.S.-based miners resuming operations despite recent price declines after Bitcoin temporarily surpassed $60,000. Consequently, a substantial rise in Bitcoin's mining difficulty is expected on February 20.

Bitcoin's price saw an increase after the release of the U.S. jobs report, which highlighted limited employment growth across various sectors despite a robust headline figure. According to NS3.AI, the market initially experienced 'extreme fear,' but the subsequent rise in Bitcoin's value suggests a fundamental resilience. This development indicates that investors might be cautiously optimistic about Bitcoin's short-term outlook amid the mixed economic indicators.

On Feb 12, 2026, 11:01 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 68,000 USDT benchmark and is now trading at 68,007.679688 USDT, with a narrowed 2.13% increase in 24 hours.

Bitcoin’s recent pullback has pushed the market back into a structural liquidity gap created during last year’s post-election rally, setting the stage for a potential reversal once derivatives pressure eases, according to 10X Research.Speaking at Consensus Hong Kong, Markus Thielen said Bitcoin’s sharp advance following the November 2024 U.S. election left behind a “liquidity vacuum” that is now influencing downside price action.“After the November 2024 election, Bitcoin surged from $70,000 to $90,000 in just 10 to 12 days,” Thielen said. “Trading activity during this process was very sparse, creating a huge gap — a liquidity vacuum zone.”Liquidity gap amplifies downside movesAccording to Thielen, when Bitcoin later fell back to around $87,000, prices entered this thinly traded zone, increasing vulnerability to sharp declines. The sell-off intensified near $75,000, where derivatives positioning added further pressure.“At the $75,000 level, a large amount of negative option gamma appeared,” he said. “That forced market makers to hedge by continuously selling futures.”Negative gamma conditions typically compel dealers to sell into falling prices, amplifying downside volatility and accelerating declines.$60K seen as key inflection pointThielen said the most recent leg lower toward $60,000 reflects the final phase of this gamma-driven adjustment. Once that pressure is absorbed, market dynamics could shift.“As the last wave of negative gamma impact is digested at $60,000, the market situation may reverse,” he said.The analysis suggests that Bitcoin’s recent weakness may be more structural than sentiment-driven, tied to prior liquidity conditions and derivatives positioning rather than a fresh deterioration in fundamentals. If gamma effects fade as expected, 10X Research sees scope for stabilization or a rebound from current levels.

On Feb 12, 2026, 08:28 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 67,000 USDT and is now trading at 66,918.351563 USDT, with a narrowed narrowed 0.03% increase in 24 hours.

Polymarket has launched a new short-term trading feature, introducing a “5-minute BTC rise/fall” prediction event focused on Bitcoin price movements.The new event allows participants to predict whether Bitcoin will rise or fall over a five-minute interval, marking Polymarket’s move toward ultra-short-duration crypto prediction markets. At launch, the feature supports Bitcoin only, with no other cryptocurrencies currently available.

Fractal Bitcoin has activated its FIP-101 node upgrade at block height 1,500,000, completing the first phase of planned consensus changes and formally launching standardized index construction on the network.The upgrade has received backing from major Bitcoin mining pools, including Foundry, AntPool, ViaBTC, F2Pool, and Binance Pool. Together, these pools represent approximately 85% of Bitcoin’s total network hash rate, signaling broad miner alignment with the upgrade.Consensus changes and index integrationAccording to the Fractal Bitcoin team, FIP-101 marks a key milestone in the network’s evolution, finalizing initial consensus adjustments while introducing a standardized framework for index construction. As part of the upgrade, index nodes will be integrated into the core block production and incentive layer, rather than operating as a peripheral system.The network’s block production structure will also undergo a phased transition. Fractal Bitcoin said it will move from its current 1:2 ratio of merged mining to solo mining toward a ternary structure, balancing merged mining, solo mining, and index block production at a 1:1:1 ratio. 

U.S. spot Bitcoin exchange-traded funds recorded $276 million in net outflows on Feb. 11 (U.S. Eastern Time), as investor caution persisted amid ongoing market volatility, according to data from SoSoValue.Among the funds, WisdomTree’s spot Bitcoin ETF BTCW posted the largest single-day inflow, adding $6.78 million. BTCW’s historical cumulative net inflows now stand at $66.26 million.By contrast, Fidelity’s FBTC led the day’s redemptions, with $92.6 million in net outflows. Despite the pullback, FBTC has accumulated $11.07 billion in total historical net inflows, underscoring its position as one of the largest spot Bitcoin ETFs.ETF footprint remains substantialAs of the latest data, the total net asset value of U.S. spot Bitcoin ETFs is $85.77 billion, representing approximately 6.35% of Bitcoin’s total market capitalization. Cumulative net inflows across all spot Bitcoin ETFs have reached $54.72 billion, even after recent outflows.The mixed flows highlight a market in consolidation, with selective buying alongside broader risk reduction as investors continue to reassess exposure to Bitcoin-linked products. 

Strategy's CEO, Phong Le, said in an interview that the company plans to issue more perpetual preferred shares to alleviate investor concerns over sharp stock price volatility. According to Odaily, Le shared that these shares, branded as “Stretch”, will offer investors “exposure to digital capital while mitigating volatility risk.” The dividend rate resets monthly and currently stands at 11.25%, designed to keep the share price anchored near its $100 par value.To date, preferred shares represent a small portion of Strategy’s overall financing. The company has raised approximately $370 million in common stock and $7 million in perpetual preferred shares to fund its recent Bitcoin purchases over the past three weeks. Strategy currently holds over 714,000 Bitcoins, with a total value of approximately $48 billion. 

On Feb 12, 2026, 01:38 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 68,000 USDT benchmark and is now trading at 68,046.546875 USDT, with a narrowed narrowed 1.36% decrease in 24 hours.

On Feb 11, 2026, 23:21 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 67,000 USDT and is now trading at 66,975.5625 USDT, with a narrowed 2.42% decrease in 24 hours.

On Feb 11, 2026, 15:09 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 66,000 USDT and is now trading at 65,994.429688 USDT, with a narrowed 4.39% decrease in 24 hours.

On Feb 11, 2026, 14:49 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 67,000 USDT and is now trading at 66,986 USDT, with a narrowed 1.50% decrease in 24 hours.

On Feb 11, 2026, 14:10 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 68,000 USDT benchmark and is now trading at 68,030.296875 USDT, with a narrowed narrowed 1.55% decrease in 24 hours.

Bitcoin fell nearly 3% on Wednesday, hitting new week-to-date lows near $66,500, as analysts warned that buyer momentum remains too weak to flip the historically significant $69,000 level back into support.Data from TradingView shows the latest decline followed another failed attempt to hold above $70,000, reinforcing a broader view that Bitcoin remains stuck in a fragile consolidation zone.$69,000 seen as stubborn resistanceKeith Alan, co-founder of Material Indicators, said the current trading range carries outsized technical importance due to prolonged consolidation in prior cycles.“Bitcoin continues to show signs of weakness around $69K,” Alan wrote on X, noting that price spent roughly eight months consolidating in this zone in 2024, while the 2021 cycle top also reinforced its structural relevance.That history cuts both ways, he said. If a strong bullish catalyst emerges, further consolidation could strengthen long-term support. However, if the downtrend persists, the same zone could harden into long-lasting resistance.“At this moment in time, we aren’t seeing enough momentum to break it in a sustainable way,” Alan added.February losses near multi-year extremesShort-term traders remain cautious. Pseudonymous trader Killa noted that Bitcoin often sets monthly highs or lows between the 4th and 7th day of the month, suggesting a potential local bottom may already be forming.However, downside pressure has been persistent. According to data from CoinGlass, Bitcoin is down 14.4% in February, putting the month close to matching last year’s decline. Historically, February has closed lower only three times since 2013, underscoring the unusual weakness.Killa also highlighted a pattern favoring bearish positioning, saying shorting Bitcoin on Mondays over the past four months would have produced 18 winning trades out of 19, as prices slid from all-time highs set in October 2025.Market outlookWith calls for deeper retracements toward $50,000 still circulating and no clear catalyst to revive buyer demand, analysts say Bitcoin risks spending months consolidating below $69,000 unless momentum decisively improves.For now, the $69,000 level remains a key battleground—one that bulls appear unable to reclaim amid fading confidence and persistent selling pressure, according to Cointelegraph.

U.S. spot Bitcoin exchange-traded funds extended their recovery this week, posting fresh inflows that nearly erased last week’s losses, even as Bitcoin prices remained under pressure.Spot Bitcoin ETFs recorded $166.6 million in net inflows on Tuesday, lifting total inflows for the week to $311.6 million, according to data from SoSoValue.The rebound comes after $318 million in net outflows last week, the third consecutive weekly decline, which pushed cumulative losses over the prior three weeks to more than $3 billion.Inflows return despite Bitcoin price weaknessETF momentum has improved despite Bitcoin falling 13% over the past seven days and briefly slipping below $68,000, according to CoinGecko.Analysts earlier this week pointed to signs of a potential inflection across crypto exchange-traded products, citing a slowdown in selling pressure and more stable fund flows.Goldman trims Bitcoin ETFs, adds XRP and Solana exposureInstitutional positioning continues to evolve. Goldman Sachs disclosed in a Form 13F filing with the U.S. Securities and Exchange Commission that it reduced its Bitcoin ETF exposure in the fourth quarter of 2025.The bank cut its holdings in BlackRock’s iShares Bitcoin Trust (IBIT) by 39%, reducing shares outstanding from about 34 million in Q3 to 20.7 million in Q4, valued at roughly $1 billion. Goldman also trimmed positions in other Bitcoin-linked products, including Fidelity’s Wise Origin Bitcoin Fund (FBTC), Bitcoin Depot, and Ether ETFs.At the same time, Goldman disclosed first-time positions in XRP and Solana ETFs, acquiring 6.95 million XRP ETF shares worth $152 million and 8.24 million Solana ETF shares valued at $104 million.SoSoValue data shows spot altcoin ETFs also attracted modest inflows on Tuesday, with Ether funds adding about $14 million, while XRP and Solana ETFs gained $3.3 million and $8.4 million, respectively.Most ETF investors continue to holdDespite recent volatility, long-term ETF holders have largely remained in place. Eric Balchunas, senior ETF analyst at Bloomberg, said last week that only around 6% of total Bitcoin ETF assets have exited during the downturn.Balchunas added that while IBIT’s assets have fallen to about $60 billion from a peak near $100 billion, the fund could remain at that level for years and still retain its distinction as the fastest ETF on record to reach $60 billion in assets.

On Feb 11, 2026, 04:24 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 68,000 USDT and is now trading at 67,751.953125 USDT, with a narrowed 2.81% decrease in 24 hours.

SkyBridge Capital founder Anthony Scaramucci remains committed to acquiring Bitcoin despite the recent market slump. According to ChainCatcher, Scaramucci revealed that SkyBridge Capital has increased its Bitcoin holdings at price points of $84,000, $63,000, and within the current price range. However, he did not disclose the specific quantities or amounts involved in these transactions. Additionally, Scaramucci expressed his views on Layer 1 blockchains, predicting that the programmable blockchain Solana will become one of the largest in terms of market share.

Crypto KOL @roger73005305 posted on X about the AHR999 indicator, which has remained below the critical threshold of 0.45 for 11 consecutive days. This situation raises questions about whether Bitcoin's current price represents a golden buying opportunity.

The AHR999 indicator is based on two core theoretical perspectives. In the short term, it uses the 200-day geometric average cost as a benchmark for recent holders' average entry cost. The logic here is that long-term investors average out costs over time, typically keeping the cost line below the real-time price. If the current price falls below the 200-day average cost, it suggests a significant undervaluation in the short term.

From a long-term perspective, the indicator employs a logarithmic fitting model to estimate Bitcoin's 'fair value' over time, starting from January 3, 2009. Historically, Bitcoin's price has shown a strong logarithmic linear relationship with time, indicating power-law growth. A significant drop below this trend line suggests extreme market pessimism and a potential correction opportunity.

The requirement for both dimensions to align reduces the likelihood of false signals. However, the question remains whether the AHR999 indicator is infallible. The crypto market has seen a drastic liquidity reduction since 2023, with over 90% of liquidity withdrawn, marking a significant departure from previous market cycles.

The post emphasizes the importance of not only understanding various indicators but also maintaining a skeptical approach, respecting market dynamics, and implementing risk management strategies. It advises participating in spot markets and adopting a dollar-cost averaging strategy rather than investing all funds at once. In the contract market, it suggests using minimal positions.

The crypto market is currently experiencing a downturn, often referred to as a 'crypto winter.' While a recovery may not be far off, it is crucial to have sufficient resources to endure until the market rebounds.