Speaker 1: Hey, I'm Alex, and this is the Token Metrics daily
Speaker 1: pulse for February sixteenth, Bitcoins grinding around sixty eight thousand,
Speaker 1: with its weekly RSI flashing some scary mid twenty twenty
Speaker 1: two vibes. Let's unpack what's moving the needle today. Quick
Speaker 1: lead story, Bitcoin sitting at about sixty eight thousand, one
Speaker 1: hundred and sixty bucks, but that weekly RSI is echoing
Speaker 1: the mid twenty twenty two bear market lows. Harvard just
Speaker 1: trimmed their Bitcoin ETF position by twenty percent and rotated
Speaker 1: into ethereum. And yeah, every narrative except real world assets
Speaker 1: is bleeding hard right now. So what does this mean
Speaker 1: for you? It means smart money's shifting and volatilities knocking
Speaker 1: markets basically flat across the board. No big swings over
Speaker 1: five percent to shout about, Bitcoin down less than a
Speaker 1: percent at sixty eight thousand, Ethereum ticking up a touch
Speaker 1: to around two thousand, Solana saw, but nothing dramatic. Total
Speaker 1: market caps two point four trillion, Bitcoin dominance steady at
Speaker 1: fifty six percent DeFi, total value locked around ninety six
Speaker 1: billion volume about one hundred and five billion. Narratives, though
Speaker 1: brutal memes down eighteen percent, AI twenty two percent off
Speaker 1: DPIN and gaming even worse nearly thirty percent drops only
Speaker 1: prediction markets are hanging in there basically flat chain link
Speaker 1: in show notes for the full breakdown. First up, Bitcoin's
Speaker 1: technicals are screaming caution that weekly RSI matches mid twenty
Speaker 1: twenty two levels when Bitcoin tanked from thirty thousand to
Speaker 1: fifteen thousand, ETF outflows piling up, shorts supercrowded, yet whales
Speaker 1: are stacking underneath. I gotta say this divergence usually explodes
Speaker 1: one way or the other. Wisdom Tree says institutions killed
Speaker 1: the boom bust cycle, but they ran when gold hit
Speaker 1: five thousand an ounce. Who's blinking first? Next, Harvard's Endowment
Speaker 1: just cut its black Rock Bitcoin ETF by twenty percent
Speaker 1: and opened an ethereum position. Smartest money in the room,
Speaker 1: rotating Bitcoin to ethereum, maybe chasing staking yields now over
Speaker 1: thirty percent of supply or unwinding some arbitrum trade. Either way,
Speaker 1: With Blackrock eyeing staking ETFs, this could signal a yield
Speaker 1: play over pure price bets. Now here's where it gets interesting.
Speaker 1: Tokenized real world assets jumped thirteen point five percent, while
Speaker 1: the whole market shed a trillion winter Mute's launching institutional
Speaker 1: tokenized gold trading, eyeing fifteen billion market cap this year
Speaker 1: golds at five thousand. Why hold boring ETFs when tokenized
Speaker 1: versions settle instantly twenty four to seven Silicon Valley Banks
Speaker 1: calling twenty twenty six crypto's integration year, boring assets winning
Speaker 1: big Metaplanet, Japan's micro strategy Wannabe posted a six hundred
Speaker 1: to nineteen million dollar paper loss on bitcoin, but holds
Speaker 1: thirty five thousand bitcoin. Now they're issuing preferred shares to
Speaker 1: buy more conviction play at sixty eight thousand bitcoin, thinner
Speaker 1: margins than buying at twenty thousand, but if it works,
Speaker 1: huge payoff. Regulatory split EUS pushing to ban all crypto
Speaker 1: transactions with Russian entities total blanket, not just sanctions. Exchanges
Speaker 1: serving Europe heads up. Meanwhile, Hong Kong greenlit its first
Speaker 1: crypto license since June, West tightening Asia cracking open capital
Speaker 1: is gonna flow that way quick hits. Nexo's back in
Speaker 1: the US with backed for Yield lending, Ethereum Foundation leadership, shakeup,
Speaker 1: Dbridge lets AI agents do crosschain swaps non custodially, Trump's
Speaker 1: truth social filing for crypto ETFs. South Korea is using
Speaker 1: AI to sniff out market manipulation links and show notes
Speaker 1: risk map time. Let's pump the brakes here. First, crowded
Speaker 1: shorts versus wail accumulation on bitcoin pressure's building and history
Speaker 1: says it snaps hard. Second, every narrative's bleeding double digits
Speaker 1: at once, not rotation, just liquidity drying up, market cap
Speaker 1: way off January highs. Third, that EU Russia ban could
Speaker 1: splinter liquidity exchanges scrambling with geofilters. Watch these close. They're
Speaker 1: the trip wires catalysts. Next week, Bitcoin's sixty eight thousand
Speaker 1: level polymarkets calling it a fifty four percent coin flip.
Speaker 1: By tomorrow, Senate might vote on digital asset market structure
Speaker 1: and EU's Russia band proposal, advancing any breaks here set
Speaker 1: the tone up or down. If you got value from
Speaker 1: this episode, do me a favor. Hit subscribe so you
Speaker 1: don't miss tomorrow's market moves. And if you know someone
Speaker 1: who's trying to make sense of crypto, send them this
Speaker 1: episode seriously, just text it to them right now. I'm Alex.
Speaker 1: Remember this isn't investment advice, just educational content. See you tomorrow.