Weekly Market Report. February 13, 2026

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TOP READS
019c4754 cda4 75df 8940 dc37ff90494fWhen will Bitcoin start a new bull cycle toward $150K? Look for these signsBitcoin may recover from its ongoing slump and reach $150,000 by the year’s end, according to a recent Bernstein outlook. cathie wood newsCathie Wood’s Ark Invest buys more Bitmine, Bullish shares, doubling down on crypto dipCathie Wood-led Ark Invest purchased additional shares in Bitmine and Bullish on Thursday, further expanding its exposure to crypto-related companies. 019c4247 550c 7b9c 9f24 b634c887cb17Crypto markets won’t fly without more creditCrypto markets lack credit. Pre-funded trades and thin prime brokerage cause liquidity droughts that amplify volatility and cap institutional adoption.
⬤ WHAT MATTERED
AI & TechnologyThe Dragnet Era of Home Security Camerasim 71572879?width=540&size=1AI Gold Rush Is Breaking a Silicon Valley Tabooim 68946201?width=540&size=1A Memory-Chip Shortage Is Squeezing Consumer Tech
Businessim 48297657?width=960&size=1The Crypto CEO Who’s Become Enemy No. 1 on Wall Street20210305 Rugpull Hack GenericDOJ warns of romance scams as Valentine’s Day nearsoccBanking lobby urges OCC to address crypto risksCrypto019c5683 d950 79bc ae2b 23911f74389122 Bitcoin worth $1.5M vanish from Seoul police custody019c55ff 58aa 7bb5 a61d 5d25d81b47e3Bitcoin ETFs bleed $410M as Standard Chartered slashes BTC target019c5296 c884 77e7 bbe2 9896ebec773aCango raises $75.5M as Bitcoin miner makes AI infrastructure pivot
⬤ CAPITAL MOVES
…Where capital is quietly positioning.Bullshot raises ~$7.5MXross Road raises ~$1.5M pre-seedLevl raises ~$7M in seed fundingBirch Hill Holdings secures ~$2.5M pre-seedUniswap (UNI) receives fresh capital via OKX Ventures
⬤ UNDER THE SURFACE
Mining Difficulty Sees Largest Drop Since China’s 2021 BanimageBitcoin mining difficulty fell 11.2%, marking the sharpest downward adjustment since the July 2021 crash triggered by China’s nationwide mining ban. The move reflects recent miner shutdowns following price weakness and energy stress, particularly in the U.S. Lower difficulty provides short-term relief to surviving operators, but it also signals structural pressure on outdated hardware and high-cost producers. When difficulty resets this aggressively, it usually marks a stress phase in the mining cycle — not expansion. BlackRock Sends Tokenized Treasuries Into DeFi via UniswapimageBlackRock launched trading of its BUIDL tokenized U.S. Treasury fund directly on Uniswap — effectively placing institutional-grade government debt inside DeFi rails.BUIDL, the BlackRock USD Institutional Digital Liquidity Fund, holds tokenized U.S. Treasuries and cash equivalents and manages ~$500M+ in AUM, representing roughly 25–35% of the tokenized Treasury market.

Stablecoins were Phase 1. Tokenized government debt is Phase 2. Capital markets migrating on-chain is the logical extension. Crypto Hacks Now Trigger Withdrawals Within 2 SecondsimageA report from Global Ledger shows that in 76% of crypto hacks, the first laundering transaction occurs within two seconds of the breach — often before the incident is publicly disclosed. Nearly 50% of stolen funds move through cross-chain bridges, while direct transfers to exchanges have declined. Interestingly, about 49% of stolen assets remain dormant, likely to reduce traceability risk. Despite near-instant movement, the full laundering cycle now averages 10+ days, suggesting that attackers prioritize speed initially, then shift to patience and obfuscation. The game has evolved: execution is immediate, but extraction is strategic.
⬤ ON THE READING LIST
Check the book here!A study of unconventional CEOs who quietly delivered exceptional long-term returns by focusing on capital allocation rather than optics.The book highlights leaders who avoided hype, ignored short-term praise, and made disciplined decisions about where capital was deployed. Their success came not from bold vision, but from restraint, patience, and rational allocation.Key takeawaysCapital allocation matters more than operational theatricsLong-term returns often come from unpopular decisionsDecentralization paired with discipline scales wellQuiet consistency beats loud growth narratives
 SNAP OF THE WEEK
Screenshot 2026 02 14 012516Arch Lending Event
⬤ MEME OF THE WEEK
The Pump in the Dip
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Sincerely,
Constantin Kogan