Michael Saylor: "$8K Bitcoin? No problem!"

️ On today's Top Picks:

Crypto News

• ⭐️ Michael Saylor $MSTR reiterates that even if Bitcoin $BTC falls to ~$8,000, Strategy would still have sufficient assets to fully cover outstanding debt obligations; plans to convert convertible debt into equity over the next 3-6 years.

• Metaplanet $3350.T FY 2025 Financial Results: revenue of ~$58M (+738% YoY) & operating profit of $41M (+1,695% YoY); holds 35,102 BTC (~$2.4B) acquired for ~$3.8B; BTC yield of 568%; raised ~$3.4B; balance sheet "robust" even if BTC falls ~86%.

• OKX $OKB secures Payments Institution (PI) license in Malta; enables OKX to provide stablecoin-based payment services (OKX Pay & OKX Card) across Europe under MiCA rules.

• Nexo $NEXO re-enters the US market; offerings include yield programs, integrated crypto exchange, crypto-backed credit lines; & more; infrastructure powered by Bakkt $BKKT; exited in 2022 due to regulatory issues.

• Digital Asset Investment Products $BTC $ETH $SOL $XRP recorded $173M in outflows; Bitcoin ~$133M in outflows, Ethereum ~$85M in outflows, Solana ~$31M inflows, Ripple ~$33M inflows.

Alpha

• ⭐️ Euphoria $MEGA launches Tapathon competition; participants will be eligible for rewards & prizes; Euphoria contributors, MegaETH 'The People' Telegram chat members, & more are eligible to participate; to launch on MegaETH mainnet soon.

• ⭐️ OpenSea $SEA to host live event on March 30th; teases "The next chapter for OpenSea"; previously stated it would launch SEA token in Q1 2026; Polymarket projects ~12% chance OpenSea launches SEA token by March 31st.

• Soneium launches Soneium Score Season 6 NFT badge; users with at least 84-100 points are eligible to mint in Stage 1; users with at least 80-83 points are eligible to mint in Stage 2; Season 7 is already live.

• ICYMI Polymarket $POLY launches 5-minute up/down crypto markets; 'Senior Intern' @mustafap0ly posts "1m markets and POLY next" on X.

• ICYMI Aztec $AZTEC launches TGE; AZTEC Uniswap CCA participants can now claim, stake, and/or trade their tokens.

Airdrops

• ⭐️ Backpack launches TGE Verified for upcoming airdrop claim; Backpack allocated 25% of token supply for airdrop at TGE; Backpack points holders (24%) & Mad Lads NFT holders (1%) will be eligible.

• ICYMI Espresso $ESP launches airdrop claim; ~1M wallets via 30+ paths were eligible to register; registration closed on February 8th.

• ICYMI Jupiter $JUP proposes postponing Jupuary airdrop indefinitely; to launch airdrop checker ~1 week after proposal vote (if proposal fails); to launch airdrop claim ~2 weeks after.

• ICYMI Superform $UP launches airdrop claim; Season 1 XP holders, Season 2 CRED holders, Season 3 Points holders, & more were eligible to register.

• ICYMI Rainbow $RNBW launches airdrop claim; Rainbow points holders are eligible; snapshot was taken on January 26th.

• ICYMI YO $YO launches airdrop claim; YO points holders are eligible; token is non-transferable until enabled via governance vote.

Finance News

• Key Events This Week: US Markets closed today (February 16th); Fed Meeting Minutes on February 18th; December PCE Inflation data & US Supreme Court ruling on legality of President Trump's tariffs on February 20th.

• US revises 2025 job numbers down -1,029,000 jobs; largest annual revision in at least 20 years; follows downward revisions of -818,000 in 2024 and -306,000 in 2023.

• Wintermute launches institutional OTC trading for tokenized gold, Tether Gold $XAUT & Pax Gold $PAXG; onchain gold has grown from ~$3B to ~$5.4B (+80%) in last three months; Wintermute CEO projects sector could expand 2.8x to $15B in 2026.

• Nikita Bier, Head of Product at X, says X will launch "number of features in a couple weeks"; includes Smart Cashtags that will allow users to trade stocks and crypto directly from timeline.

• ⭐️ OpenClaw (ClawdBot) founder Peter Steinberger joins OpenAI; Sam Altman says "OpenClaw will live in a foundation as an open source project that OpenAI will continue to support."

Security and Exploits

• Curvance $CVE suffers frontend attack; users are advised to avoid interacting with the Curvance website until the issue is resolved.

• OpenEden $EDEN suffers frontend attack; users are advised to avoid interacting with the OpenEden website until the issue is resolved.

• Crypto[.]com $CRO achieves ISO/IEC 42001:2023 certification, the international standard for an Artificial Intelligence Management System (AIMS); first digital asset platform to receive this certification.

• MegaETH $MEGA warns of phishing emails claiming token "allocations being ready"; advises allocations will not be ready until TGE KPIs are achieved; users can track TGE KPIs directly on the MegaETH website.

• Revoke[.]cash launches support for MegaETH; users can revoke token approvals on MegaETH mainnet.

• Google releases Chrome security update; patches zero-day vulnerability that is actively exploited in the wild; "use-after-free bug in CSS allows a remote attacker to execute arbitrary code inside a sandbox via a crafted HTML page."

Token Unlocks

• ZKsync $ZK / ~$4M / FEB 17th
• Solv $SOLV / ~$3M / FEB 17th
• ApeCoin $APE / ~$2M / FEB 17th
• LayerZero $ZRO / ~$42M / FEB 20th
Sourced from Tokenomist

Funding

• YOAKE Entertainment raises $3.2M in funding from Sony Innovation Fund.

• ICYMI Dreamcash raises an undisclosed amount in Strategic funding from Tether.

• ICYMI STBL $STBL raises an undisclosed amount in Strategic funding from OKX Ventures.

• ICYMI Stable $STABLE raises an undisclosed amount in funding from eGirl Capital.

The Degen Farmer