UToday

Strategy Inc. (MSTR) reported that it purchased 1,142 Bitcoin at $78,815 each, increasing its total holdings to 714,644 BTC. The company's aggressive buy, funded by selling stock, leaves it facing significant unrealized losses as Bitcoin trades lower than its purchase price.

Adam Back criticizes Roger Ver's assertions in his book "The Hijacked Bitcoin," claiming Ver spreads misinformation about Bitcoin's evolution. Kiyosaki ranks Bitcoin above gold in value, highlighting its finite supply compared to precious metals.

Flare Networks has issued a security alert after one of its developer accounts was compromised. The community is advised to avoid clicking links or interacting with messages from the affected account due to increased scam risks.

Funding is everything
Volume catches up

The crypto market faced declines, with XRP down 2.99% and significant liquidations reported. Future outflows exceeded inflows, suggesting profit-taking. Despite this, XRP saw some fund inflows ahead of upcoming legislative changes and important economic data releases.

The SHIB burn rate has plummeted by 91.28%, with minimal coins burned recently. Despite attempts to recover, SHIB's price is stagnant, reflecting overall market trends, while Shytoshi Kusama teases a live update on February 14.

Pro-crypto lawyer Bill Morgan claims XRP's value narrative has been suppressed, citing a rare article from 2013 that favored XRP over Bitcoin. He argues this suppression benefits Bitcoin's dominance in the market, highlighted by recent declines in both assets.

Bitcoin mining faces significant challenges with a 10% drop in global hashing power and a severe decline in profitability due to falling cryptocurrency prices and high energy costs, leading to miner capitulation and reduced mining efficiency.

The cryptocurrency community is openly mocking the Financial Times for its critical article claiming Bitcoin is worthless. Despite the negative sentiment, many believe mainstream skepticism indicates a market bottom, viewing the FT's stance as a bullish sign.

Shiba Inu ambassador Shytoshi Kusama has resumed activity with the community, hinting at upcoming discussions on technology and identity. Kusama maintains alignment with the original Shiba Inu plan, amidst mixed reactions to his recent focus on biblical themes. The SHIB price remains unstable, showing slight gains after a significant dip.

The XRP Community Day 2026, held virtually on February 11-12, will focus on XRP's utility and adoption. Ripple leaders and community members will discuss key developments and future plans for the XRP ecosystem, highlighting its role in regulated finance and capital markets.

Ross Gerber blames the Bitcoin market crash on speculative "grift" behavior, which diverts capital from quality assets. Despite this, he views the current market as a buying opportunity for serious investors.

Shiba Inu's exchange flow shows returning demand as its price rises significantly after recent market volatility. Strong interest from investors indicates optimism for future price recovery, despite a slight cooling from recent highs.

In the last 24 hours, 2.5 million RLUSD were burned, part of a larger trend that saw over 25 million burned this week. The RLUSD market cap is now $1.49 billion, with Ripple hosting an XRP Community Day event discussing stablecoins and their synergy with XRP.

Lucie from the Shiba Inu team warned users about fraudulent wallet addresses targeting Safe Wallet, stressing that these are social engineering tactics, not tech vulnerabilities. With 5,000 malicious addresses flagged, users should verify wallet details carefully to avoid costly mistakes.