Musk: An instant messaging app "X Chat" with "Bitcoin-like" encryption features will be launched.

Bitcoin futures open interest has fallen to its lowest since 2024, as waning institutional demand puts pressure on BTC prices.

On February 13, news reports indicate that Bitcoin's recent price has been under continuous pressure, failing to stay above $72,000. Meanwhile, the total open interest in Bitcoin futures has fallen to $34 billion, hitting a new low since November 2024, down approximately 28% from 30 days ago. Although the number of open contracts measured in Bitcoin remains around 502,450, indicating that overall leverage demand has not significantly decreased, forced liquidations have accumulated to $5.2 billion, intensifying market concerns that Bitcoin may fall back to the $60,000 support level. The weak bullish leverage demand in the market highlights a decoupling of Bitcoin from traditional financial markets. Over the past month, Bitcoin has declined by 28%, with investors lacking clear catalysts. At the same time, gold prices have returned to the psychological level of $5,000, and the S&P 500 index is approaching its all-time high. Some analysts believe that the risk-averse sentiment is driven by a soft U.S. labor market. Data from the U.S. Department of Labor shows that only 181,000 new jobs are expected to be added in 2025, below expectations, but the White House emphasizes that slowing population growth is leading to decreased job demand.

CryptoQuant: The seven-day average realized net loss for Bitcoin has reached $2.3 billion, the largest decline since 2021.

Analyst IT Tech pointed out in the CryptoQuant report that the seven-day average realized net loss for Bitcoin has reached $2.3 billion, making it one of the largest panic sell-offs in history, second only to the 2021 crash and the 2022 Luna/FTX events. Currently, Bitcoin is priced at approximately $66,600, down nearly 50% from its peak last year.

Data: 151.66 BTC transferred from an anonymous address to Cumberland DRW, valued at approximately $3,331,100.

ChainCatcher reports that, according to Arkham data, at 11:39, 151.66 BTC (worth approximately $3,331,100) was transferred from multiple anonymous addresses to Cumberland DRW.

JPMorgan Cuts Bitcoin Production Cost to $77K, Stays Positive on Crypto in 2026

JPMorgan estimates Bitcoin’s production cost has dropped to \$77,000 from \$90,000 since January, driven by a 15% decline in mining difficulty—the steepest since China’s 2021 ban. Historically a soft price floor, this level suggests miner capitulation is nearing its end. The bank remains bullish on 2026, forecasting institutional inflows, not retail speculation, to fuel the next rally, and reiterates its \$266,000 long‑term Bitcoin target.

Bitcoin plummets 46%, still in the "surrender zone," on-chain data signals all clear! Analysts warn: Bottom may not come until Q4

Bitcoin prices have fallen 46% from the all-time high of $126,000, and the market is still in the "capitulation zone." Long-term holders are significantly reducing their positions, and the realized profit and loss ratio is approaching a critical threshold. Analysts predict that Bitcoin's bottom may occur in Q4 of this year, with prices dropping to the $40,000 to $50,000 range. Market sentiment and technical analysis indicate that challenges remain ahead.

Praetorian CEO Sentenced to 20 Years for $200 Million Bitcoin Ponzi Scheme

Ramil Ventura Palafox, CEO of Praetorian Group International, was sentenced to 20 years in prison on February 13, 2026, for operating a \$200 million Bitcoin Ponzi scheme that defrauded over 90,000 investors worldwide. Palafox promised daily returns of up to 3% through fake AI Bitcoin arbitrage trading while spending millions on luxury cars, homes, and designer goods. The sentencing marks one of the largest crypto fraud prosecutions to date and reinforces that courts are treating digital asset s