Glassnode’s Feb. 11 on-chain report indicates Bitcoin is trading in a range defined by a True Market Mean near $79,200 and a realized price around $55,000, similar to conditions seen in early 2022. Analysts say that without a decisive move above $72,000 or a major downside shock, BTC could remain in a prolonged consolidation as heavy overhead supply and whale positioning limit upside momentum.

In a recent livestream titled "Legacy and the Lineage of Kings," Shiba Inu lead ambassador Shytoshi Kusama announced the end of his spiritual commentary phase and a pivot to a proprietary AI platform valued at about $2 million. The new non-blockchain system, built with over 100,000 lines of code, is designed as an encrypted, private archive for personal and family legacy and will begin with a tightly limited beta of 10 users from a possible 144,000. He also outlined a broader technical roadmap for the Shiba Inu ecosystem, including Treat token-backed grants and upcoming sessions focused on SHIB, BONE, LEASHv2 and TREAT.

On February 12, 2026, onchain data from Arkham Intelligence showed the Royal Government of Bhutan moved 100 BTC, valued at $6.77 million, to QCP Capital's WBTC merchant deposit address. Arkham also traces a similar 100 BTC transfer worth $8.31 million two weeks earlier, alongside a $1.5 million USDT transaction to Binance.

On February 12, 2026, Standard Chartered cut its year-end 2026 Bitcoin forecast to $100,000, its second downgrade in three months. The bank's note warned BTC could briefly fall toward $50,000 amid persistent ETF outflows and softer corporate demand, and it delayed a $500,000 long-term target to 2030.

Ethereum is testing a key support area around $1,900 after breaking below its ascending channel, with $1,830 flagged as the next downside level. While price action stays under pressure and below the $2,000 region, on-chain data shows over 4 million ETH queued for staking and roughly 30% of supply already locked. Analysts remain split, with some warning of a bearish breakdown and others arguing the structure resembles Ethereum's early 2020 bull phase.

Bitcoin is trading near $67,000 in early 2026 while the Crypto Fear and Greed Index has fallen to a rare 5–8 range, signaling extreme pessimism. Former Ripple CTO David Schwartz has described Bitcoin as a technological dead end that mainly depends on user trust, even as JPMorgan strategists project a future rebound in digital assets driven by institutional investors.

On Thursday, Monness, Crespi, Hardt issued a rare double downgrade on Coinbase Global Inc., cutting the leading U.S. crypto exchange's stock directly from "Buy" to "Sell." The firm expects prolonged crypto market weakness to persist for more than a year and has lowered its forecasts for Coinbase's revenue, EBITDA and EPS, even after the share price has already fallen about 50%. Additional downgrades and reduced price targets from other Wall Street analysts have deepened concerns over Coinbase's valuation and future performance.

On February 12, 2026, analyst Ali Martinez highlighted that 330,000 ETH, valued at more than $660 million, were withdrawn from exchanges over the prior week. Ethereum has hovered near $2,000 with a 1.33% gain in the last 24 hours and trades at $1,966, while overall exchange open interest is up 2.76% even as CME open interest has fallen 2.02%.