📈 Bitcoin accumulates strongly among various investor groups after a deep capitulation
The latest on-chain data shows that Bitcoin is entering a phase of broad-based accumulation – a sign that may indicate an early recovery — right after one of the most significant sell-offs in BTC's history.
According to data from Glassnode, since the beginning of February, when Bitcoin traded around ~80,000 USD and then plummeted to nearly ~60,000 USD on February 5, the buying trend has spread across almost every investor group (cohorts). This is different from the previous period, when only a small number of large wallets participated in buying.
Glassnode uses the Accumulation Trend Score by cohort to measure the accumulation level of different wallet groups over the last 15 days: 🔹 A score above 0.5 indicates an accumulation trend, while below 0.5 indicates distribution (selling out). 🔹 Currently, the aggregated score has risen to ~0.68, the first time since late November that widespread accumulation has been recorded.
In this accumulation phase, the group of wallets holding 10–100 BTC has been noted as the strongest buyers, catching the deep price drop – a common behavior when whales and average investors try to buy the dip.
Although it is still uncertain whether the final bottom has formed, the current “simultaneous” accumulation signals that some investors are finding attractive value at lower prices after BTC has dropped more than 50% from its ATH in October 2025.
📊 BlackRock's Bitcoin ETF reaches record trading volume of 10 billion USD, revealing the possibility of capitulation
BlackRock's spot bitcoin ETF (ticker IBIT) recorded its highest daily trading volume ever with over 284 million shares traded, equivalent to over 10 billion USD in trading value — a new record amidst a sharply declining market.
📉 The price of IBIT plummeted sharply during that session, dropping about 13%, the second-largest daily decline since the fund's launch. This drop coincided with the deep downward trend of the Bitcoin market and caused trading volume to surge as a reaction from investors facing selling pressure.
📈 Record volume + falling prices are often seen by analysts as a sign of capitulation — when many investors, including long-term holders and institutions, are forced to sell their assets at a loss to avoid deeper losses. This large volume trading phase is viewed as an extreme stage of a bear market, where fear dominates and accumulated sell orders cause prices to plunge further.
📊 This is also one of the most actively liquid days for a spot Bitcoin ETF, despite the underlying asset (Bitcoin) experiencing significant volatility. This information reflects the intense risk management attitude of institutional investors and traders under broader market pressure.
📉 US–Iran warning resurfaces ahead of nuclear talks, adding pressure on Bitcoin and the crypto market
A warning from the US government urging citizens to leave Iran has resurfaced ahead of negotiations on the nuclear program between the US and Iran, increasing anxiety in the global financial market — and consequently putting negative pressure on Bitcoin along with many other cryptocurrencies.
This warning was initially issued in mid-January, but it has recently been widely shared on media and trading platforms just before the scheduled nuclear talks in Oman, raising concerns about geopolitical risks. The return of this information occurs against a backdrop of a fundamentally volatile crypto market with weak expectations, making investors more sensitive to global news.
📌 Market impact: 🔹 Bitcoin and other digital assets have faced stronger selling pressure, decreasing in price as investors turn to safer assets. 🔹 Market experts note that geopolitical news like this warning often amplifies volatility rather than providing a clear trend for crypto prices, especially in low liquidity conditions.
In summary, the resurfacing of the US–Iran warning at the exact moment the nuclear talks are about to begin seems to have heightened anxiety in the market, driving a “risk-off” sentiment and contributing to the recent sell-off of Bitcoin and the cryptocurrency market.
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📣 Crypto Market Structure Bill: Democrats Engage with the Crypto Industry!
After the U.S. Senate Banking Committee's hearing on the digital asset market structure bill was postponed due to tensions with major companies in the industry, Democratic senators have taken a new step: they are planning a roundtable call with crypto industry representatives on Friday to continue negotiations on this bill.
This move aims to maintain momentum toward achieving a bipartisan consensus on one of the most important pieces of legislation shaping the future of cryptocurrency regulation in the United States. The call is expected to include representatives from both the Senate Banking Committee and the Senate Agriculture Committee.
🔍 Key topics under discussion: One of the main issues being discussed is how to handle stablecoin rewards — one of the most contentious points between lawmakers and crypto exchanges and projects. This issue directly relates to regulations on stablecoin yields, competitiveness with traditional banking systems, and user safety.
Some observers believe that if the parties can find common ground on stablecoins, clarify jurisdiction between the SEC & CFTC, and establish principles for DeFi, the bill still has a chance to move forward and could create a long-term, clear legal framework for crypto in the United States — something investors and organizations have been waiting for. #Stablecoins #USDT
🚨 JPMorgan Warns: Yield-Bearing Stablecoins Could Create a "Parallel Banking System"
In the recent quarterly earnings report, Jeremy Barnum — CFO of JPMorgan Chase — delivered a very direct perspective on yield-bearing stablecoins, drawing attention from both the cryptocurrency and traditional banking sectors.
According to Barnum, stablecoin products with a "interest-bearing deposit account" mechanism, yet lacking the stringent oversight typical of traditional banks, pose a potential threat. He described this as a "parallel banking system," operating outside the regulatory framework and rules that have been established over hundreds of years.
Barnum emphasized that JPMorgan is not opposed to blockchain technology or competition in the digital finance space. On the contrary, cryptocurrencies have many appealing aspects and can enhance user experience. However, he stressed that stablecoins must include safeguards for depositors and mechanisms to ensure system stability, minimizing risks.
📌 In summary: 💠 Some stablecoins today are designed to offer more attractive yields than traditional savings accounts — a feature many crypto users appreciate. 💠 This has raised concerns among banks due to the lack of clear regulations, as these products could become an "unregulated financial zone" operating similarly to banks. 💠 Regulators and lawmakers are striving to find a balance: encouraging innovation while protecting consumers and ensuring the overall financial system remains secure.
WALRUS - 2025 paving the way for AI development in 2026
After the AI wave passed and is showing signs of recovery, Walrus has also risen with the trend. Looking at the chart at the beginning of 2026, WAL is showing tight accumulation around the support zone of $0.13 - $0.14. What I like most is the "Redundancy via Erasure Coding" mechanism, which optimizes costs extremely well – something that current AI dApps are highly seeking.
Personal perspective: 🔹 Real Supply - Demand: Unlike other "pump and dump" projects, WALRUS has genuine buying pressure from the actual data storage needs of the Sui ecosystem. At the beginning of 2026, as AI Agents surge, the demand for storing model weights will be the key catalyst pushing the price upward. 🔹 Key Resistance: The $0.19 - $0.22 zone is a psychological barrier. If this zone is broken convincingly with strong volume, a target of $0.35 in Q2 is entirely feasible as capital flows from Layer 1 to Infrastructure.
In summary: WALRUS is a highly promising project. Beyond having major backers like a16z crypto (Andreessen Horowitz), Franklin Templeton, Electric Capital, and Y Combinator, AI will be the dominant trend in the near future.
📣 Crypto Bill in the US Senate: A Turning Point or Additional Barrier? One of the most important legal processes of 2026 regarding crypto: The US Senate is about to vote on a draft framework for the cryptocurrency market.
🔎 Key Points: 🔹The Republican Party is accelerating the process to bring this bill to a vote in the Senate, after the draft has been revised and reviewed by the Banking and Agriculture Committees. This is a crucial step toward establishing a new legal framework for cryptocurrency in the United States, which could impact every project, exchange, and investor. 🔹However... Democratic Party support remains uncertain. This could mean the bill lacks the necessary votes to pass. In today's political climate, achieving bipartisan consensus is a significant challenge. 🔹One of the major controversial points is the protective measures for DeFi and crypto developers. While the bill aims to create a more transparent market, safeguarding the interests of DeFi and development teams remains an open question in the eyes of many lawmakers and industry members.
📅 Next Steps: Committees are expected to complete their review and revisions of the draft next week, before bringing it to a full Senate vote. If passed, it could mark a major turning point in crypto regulation in the U.S., attracting large institutional capital and increasing market transparency. Conversely, a failure could prolong legal uncertainty—a concern that investors have long feared over the past several years.
🔥 🔥Bitcoin pulls back to $90,000: Natural correction or warning sign?
Bitcoin saw a brief surge on Friday morning, reaching near $92,000, but buying pressure was not strong enough to sustain the move, causing BTC's price to quickly decline and trade around $90,300.
🔹Market sentiment remains "cautious": While indices such as Nasdaq and S&P 500 continue to rise, Bitcoin has failed to break out similarly, suggesting capital may be temporarily moving away from crypto and reallocating to stocks, commodities. Gold and crude oil both recorded notable gains during the same period, while crypto has seen a slight cooling.
🔹A major factor affecting BTC is U.S. employment data. According to the latest report, job creation came in below expectations, which will make the Fed hesitant to cut interest rates, causing investors to become more cautious toward risk assets like Bitcoin.
🔹From a technical perspective, $90,000 remains a key psychological support level. If BTC holds above this level, it indicates the market remains stable and not yet ready for a major reversal. But if this support is lost, the market could "turn into a bloodbath".
💬 Many believe this may simply be a correction after the rapid rise earlier this year, and does not necessarily signal a prolonged downturn. Bitcoin failing to maintain higher levels is not entirely unexpected in today's highly volatile market environment.
📌 What do you think? 🔹 Will BTC hold above $90,000 and prepare for a new breakout? 🔹 Or is this just the beginning of a deeper correction cycle?
$PIPPIN continues to decrease despite the market trending upwards. Perhaps it has increased too much and is now entering a phase of adjustment and distribution. I set a short stop-loss in case of an unexpected turnaround.
🚀 Ethereum plans to upgrade Hegota by the end of 2026
Ethereum developers have agreed on the name and preliminary timing for the next network upgrade, called “Hegota”, expected to launch in the second half of 2026.
📅 Timeline & roadmap 🔹Glamsterdam (current upgrade) is expected to roll out in the first half of 2026. 🔹Hegota (next upgrade) will occur at the end of 2026. 👉Ethereum accelerating the upgrade timeline indicates that the network is moving towards a model of regular updates (about twice a year) instead of occasional upgrades.
🔍 Content: Currently, the features for Hegota have not been finalized, and developers will continue discussions, with a decision expected around early 2026.
However, initial discussions and sources suggest that Hegota may focus on: 🧠 Verkle Trees Verkle Trees are a new data structure that helps reduce storage requirements for nodes, increasing efficiency and decentralization. 🗂 Performance and data improvements Proposals related to mechanisms for pruning or expiring historical data, aimed at reducing the “bloat” of the blockchain — which is a growing concern regarding Ethereum's increasing storage capacity.
🔄 Remaining work from Glamsterdam Hegota may inherit and address outstanding issues from Glamsterdam.
📌 Why is this important? This upgrade reflects the efforts of the community and development team to: 🔹Increase network performance 🔹Reduce transaction fees 🔹Provide better support for decentralized applications (dApps) 🔹Enhance decentralization and lower operational barriers for smaller nodes