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<v Speaker 1>Hey, I'm Alex, and this is the Token Metrics daily

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<v Speaker 1>pulse for February sixteenth, Bitcoins grinding around sixty eight thousand,

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<v Speaker 1>with its weekly RSI flashing some scary mid twenty twenty

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<v Speaker 1>two vibes. Let's unpack what's moving the needle today. Quick

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<v Speaker 1>lead story, Bitcoin sitting at about sixty eight thousand, one

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<v Speaker 1>hundred and sixty bucks, but that weekly RSI is echoing

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<v Speaker 1>the mid twenty twenty two bear market lows. Harvard just

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<v Speaker 1>trimmed their Bitcoin ETF position by twenty percent and rotated

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<v Speaker 1>into ethereum. And yeah, every narrative except real world assets

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<v Speaker 1>is bleeding hard right now. So what does this mean

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<v Speaker 1>for you? It means smart money's shifting and volatilities knocking

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<v Speaker 1>markets basically flat across the board. No big swings over

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<v Speaker 1>five percent to shout about, Bitcoin down less than a

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<v Speaker 1>percent at sixty eight thousand, Ethereum ticking up a touch

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<v Speaker 1>to around two thousand, Solana saw, but nothing dramatic. Total

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<v Speaker 1>market caps two point four trillion, Bitcoin dominance steady at

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<v Speaker 1>fifty six percent DeFi, total value locked around ninety six

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<v Speaker 1>billion volume about one hundred and five billion. Narratives, though

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<v Speaker 1>brutal memes down eighteen percent, AI twenty two percent off

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<v Speaker 1>DPIN and gaming even worse nearly thirty percent drops only

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<v Speaker 1>prediction markets are hanging in there basically flat chain link

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<v Speaker 1>in show notes for the full breakdown. First up, Bitcoin's

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<v Speaker 1>technicals are screaming caution that weekly RSI matches mid twenty

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<v Speaker 1>twenty two levels when Bitcoin tanked from thirty thousand to

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<v Speaker 1>fifteen thousand, ETF outflows piling up, shorts supercrowded, yet whales

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<v Speaker 1>are stacking underneath. I gotta say this divergence usually explodes

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<v Speaker 1>one way or the other. Wisdom Tree says institutions killed

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<v Speaker 1>the boom bust cycle, but they ran when gold hit

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<v Speaker 1>five thousand an ounce. Who's blinking first? Next, Harvard's Endowment

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<v Speaker 1>just cut its black Rock Bitcoin ETF by twenty percent

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<v Speaker 1>and opened an ethereum position. Smartest money in the room,

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<v Speaker 1>rotating Bitcoin to ethereum, maybe chasing staking yields now over

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<v Speaker 1>thirty percent of supply or unwinding some arbitrum trade. Either way,

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<v Speaker 1>With Blackrock eyeing staking ETFs, this could signal a yield

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<v Speaker 1>play over pure price bets. Now here's where it gets interesting.

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<v Speaker 1>Tokenized real world assets jumped thirteen point five percent, while

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<v Speaker 1>the whole market shed a trillion winter Mute's launching institutional

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<v Speaker 1>tokenized gold trading, eyeing fifteen billion market cap this year

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<v Speaker 1>golds at five thousand. Why hold boring ETFs when tokenized

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<v Speaker 1>versions settle instantly twenty four to seven Silicon Valley Banks

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<v Speaker 1>calling twenty twenty six crypto's integration year, boring assets winning

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<v Speaker 1>big Metaplanet, Japan's micro strategy Wannabe posted a six hundred

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<v Speaker 1>to nineteen million dollar paper loss on bitcoin, but holds

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<v Speaker 1>thirty five thousand bitcoin. Now they're issuing preferred shares to

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<v Speaker 1>buy more conviction play at sixty eight thousand bitcoin, thinner

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<v Speaker 1>margins than buying at twenty thousand, but if it works,

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<v Speaker 1>huge payoff. Regulatory split EUS pushing to ban all crypto

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<v Speaker 1>transactions with Russian entities total blanket, not just sanctions. Exchanges

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<v Speaker 1>serving Europe heads up. Meanwhile, Hong Kong greenlit its first

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<v Speaker 1>crypto license since June, West tightening Asia cracking open capital

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<v Speaker 1>is gonna flow that way quick hits. Nexo's back in

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<v Speaker 1>the US with backed for Yield lending, Ethereum Foundation leadership, shakeup,

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<v Speaker 1>Dbridge lets AI agents do crosschain swaps non custodially, Trump's

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<v Speaker 1>truth social filing for crypto ETFs. South Korea is using

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<v Speaker 1>AI to sniff out market manipulation links and show notes

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<v Speaker 1>risk map time. Let's pump the brakes here. First, crowded

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<v Speaker 1>shorts versus wail accumulation on bitcoin pressure's building and history

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<v Speaker 1>says it snaps hard. Second, every narrative's bleeding double digits

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<v Speaker 1>at once, not rotation, just liquidity drying up, market cap

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<v Speaker 1>way off January highs. Third, that EU Russia ban could

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<v Speaker 1>splinter liquidity exchanges scrambling with geofilters. Watch these close. They're

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<v Speaker 1>the trip wires catalysts. Next week, Bitcoin's sixty eight thousand

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<v Speaker 1>level polymarkets calling it a fifty four percent coin flip.

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<v Speaker 1>By tomorrow, Senate might vote on digital asset market structure

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<v Speaker 1>and EU's Russia band proposal, advancing any breaks here set

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<v Speaker 1>the tone up or down. If you got value from

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<v Speaker 1>this episode, do me a favor. Hit subscribe so you

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<v Speaker 1>don't miss tomorrow's market moves. And if you know someone

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<v Speaker 1>who's trying to make sense of crypto, send them this

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<v Speaker 1>episode seriously, just text it to them right now. I'm Alex.

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<v Speaker 1>Remember this isn't investment advice, just educational content. See you tomorrow.
