Polymarket has launched the "5-Minute BTC Up/Down" prediction event

On February 12, per Arkham monitoring, the Binance SAFU Fund’s wallet address has once again acquired 4,545 BTC, valued at $304.58 million.

**February 12** A Caixin report notes 8,300 Chinese victims have filed claims for 60,000 Bitcoin linked to a money laundering case involving Qian Zhimin, amid an asset recovery deadlock. Multiple law firms are representing the victims separately, but a British judge has flagged issues including duplicate submissions, repeated arguments, and prolonged proceedings—with legal fees soaring, to be covered by the Chinese victims. The UK High Court will hold a hearing on the case on February 16–17, 2026 (Chinese Lunar New Year’s Eve and the first day of the Year of the Horse). The hearing involves over 30 billion yuan in assets and nearly 130,000 Chinese victims. Bitcoin price fluctuations have shrunk the 60,000 Bitcoin’s market value from a peak of ~54 billion yuan on October 6, 2025, to ~31 billion yuan in early February 2026.

February 12 — Cryptocurrency lending platform BlockFills has issued a statement on X addressing its suspension of deposit and withdrawal services. The firm said it made the decision amid recent market conditions to better safeguard the interests of both customers and the company. Users may still open and close spot and derivatives trades, along with other specified transactions, on the platform. BlockFills’ management is currently collaborating closely with investors and customers to develop a liquidity restoration plan focused on resolving and restoring the platform’s liquidity. The company will regularly update customers on the latest developments as the situation evolves.

February 12th, Bloomberg Intelligence Senior Commodity Strategist Mike McGlone noted: “If Ethereum (ETH) falls to $1,500, Tether’s (USDT) market capitalization will surpass ETH’s. The crypto market’s most enduring trend is Tether ‘outpacing everything’—only Bitcoin (BTC) and Ethereum remain unpassed. Tether is set to overtake Ethereum’s market cap near ETH’s key support level of ~$1,500 if ETH drops to that mark. Earlier, Ethereum already broke below its key $2,500 support level dating back to 2024. I believe Tether may eventually even surpass Bitcoin, which is currently around $10,000.”

February 12 Per Cointelegraph, Bitcoin fell to $65,800 on Wednesday, dropping below its key intraday trendline again—sparking market worries that last week’s $60,000 dip may not have been the final bottom. Analysts note widening liquidity gaps in the $66k–$60k range, lifting the odds of Bitcoin revisiting its annual low of $59,800. After multiple rejections near the $70k–$72k resistance zone, Bitcoin has formed a series of lower highs. Its RSI is moving toward oversold territory, with price trading below key moving averages. Liquidation heatmaps show thin liquidity around the $60.5k range, signaling lingering downside risks. With overall market structure weakening, a failure to quickly bounce back above $68k would raise downside risks, potentially pushing Bitcoin toward the $65k support level. Traders currently expect Bitcoin to trade in a $60k–$72k range. Likewise, analyst EliZ notes Bitcoin is consolidating in a downward channel near $66.5k. A break below this level could

On February 12, Douyin announced that its video generation model Seedance 2.0 has officially been integrated into the Douyin app, desktop platform, and web version. Seedance 2.0 supports original audio-video synchronization, multi-camera long-form storytelling, and multimodal controllable generation. Currently, the model does not allow users to upload real-person photos as the primary reference. (Source: Jinse)