Franklin Templeton’s XRP ETF now holds more than 118 million XRP tokens, according to a recent update shared by FTDA_US on X. The post confirmed the fund’s current exposure, highlighting continued accumulation within the product.
#XRPZ provides exposure to #XRP without the hassle of buying it directly.
Learn more below. pic.twitter.com/uUcuDg2MsX
— Franklin Templeton Digital Assets (@FTDA_US) February 17, 2026
The milestone signals growing institutional allocation to XRP through regulated investment vehicles. By surpassing 118 million tokens, the ETF increases its footprint in the broader XRP ecosystem, potentially influencing liquidity dynamics and investor sentiment. Exchange-traded products are often viewed as gateways for traditional investors seeking exposure without directly holding digital assets. As holdings expand, market participants tend to monitor inflows as a proxy for demand and conviction. The updated figure suggests sustained positioning rather than short-term trading activity.
Attention now turns to whether the ETF will maintain its accumulation pace in the coming weeks. Further disclosures from Franklin Templeton or additional inflow data could clarify whether this growth reflects steady capital deployment or a more tactical allocation shift tied to broader market conditions.
Source: FTDA_US.
Disclaimer: Crypto Economy Flash News are based on verified public and official sources. Their purpose is to provide fast, factual updates about relevant events in the crypto and blockchain ecosystem.
This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions.
2026-02-18 17:522mo ago
2026-02-18 12:302mo ago
XRP Has Toppled Ethereum In This Category And Is Now Gunning For Bitcoin
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
XRP has surpassed Ethereum in terms of the crypto assets that are most discussed among institutional investors. This comes as its ETFs continue to record notable inflows despite net outflows from Bitcoin and Ethereum ETFs.
XRP Ranks Above Ethereum In Institutional Interest Grayscale drew attention to its Head of Research, Rayhaneh Sharif-Askary’s statement during the XRP Community Day, in which she revealed that the altcoin is the second most talked about asset behind Bitcoin in some cases. This puts the token ahead of other altcoins, including Ethereum, in terms of crypto assets that are generating interest among institutional investors.
Sharif-Askary noted that advisors are constantly asked by their clients about the altcoin, a development that provides a positive outlook for the altcoin. Grayscale is notably among the crypto ETF issuers that offer an XRP ETF. These funds have seen significant inflows since they launched in November last year.
Wall Street giants such as Goldman Sachs and Jane Street have already disclosed significant exposure to the token through these ETFs. According to Goldman Sachs’ Q4 filing, it currently holds shares in Bitwise, Franklin Templeton, Grayscale, and 21Shares’ XRP funds.
SoSoValue data shows that these ETFs currently have net assets of just over $1 billion, which represents 1.17% of the altcoin’s market cap. These funds have also continued to see considerable inflows despite the current crypto market downtrend. This month, they have recorded net inflows of $46.69 million. Meanwhile, the Bitcoin and Ethereum ETFs continue to see outflows and are expected to see another month of net outflows.
Crypto pundit X Finance Bull highlighted this demand for the token among institutional investors, noting that they were likely positioning ahead of regulatory clarity. The pundit expects that the altcoin will be one of the major beneficiaries once the CLARITY Act is passed. Ripple CEO Brad Garlinghouse has predicted that the crypto bill could be 80% close to signing by April.
The Altcoin Leading In YTD Flows A CoinShares research report shows that the XRP funds are currently leading Bitcoin, Ethereum, and other crypto assets in year-to-date (YTD) inflows. These funds have seen $148 million in YTD flows while the BTC and ETH funds are in the red at the moment, with YTD outflows of $1 billion and $458 million, respectively.
Furthermore, the Solana funds are behind XRP, with YTD inflows of $99 million. It is worth noting that XRP funds again saw inflows last week, as Bitcoin and Ethereum ETFs bled. CoinShares shows that these funds recorded net inflows of $33.4 million. On the other hand, the BTC and ETH ETFs saw outflows of $133 million and $85 million, respectively.
At the time of writing, the altcoin price is trading at around $1.47, up in the last 24 hours, according to data from CoinMarketCap.
XRP trading at $1.48 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Freepik, chart from Tradingview.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
Sign Up for Our Newsletter! For updates and exclusive offers enter your email.
Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.
2026-02-18 17:522mo ago
2026-02-18 12:312mo ago
Loyalty becomes lifestyle: Rain and Uptop on stablecoin rewards
Episode 7 of Layer One, hosted by The Block's Kelvin Sparks and Hypha founder Steven Gates, was recorded with Charles Yoo-Naut, co-founder of Rain, and John Gomez, co-founder and former CEO of Uptop.
Listen below, and subscribe to Layer One on YouTube, Spotify, or wherever you listen to podcasts. Please send feedback and revision requests to [email protected].
In episode seven of Layer One, The Block's Kelvin Sparks and Hypha Founder Steven Gates were joined by Charles Yoo-Naut, co-founder of Rain, and John Gomez, co-founder and former CEO of Uptop. The group discussed the convergence of stablecoin payments and onchain loyalty infrastructure, why rewards plus payments are becoming table stakes, and how sports and IP are driving real-world adoption.
OUTLINE
00:00 - Intro
03:58 - What is Rain
04:30 - Uptop + acquisition fit
06:01 - Fundraise & M&A lessons
12:43 - Why rewards matter
16:29 - Stablecoin “aha” moment
25:26 - Regulation, timing, builders
33:53 - Lifestyle banking & IP
41:59 - Marketplaces, on-ramps, costs
47:35 - Why raise $250 million
50:11 - Stablecoins in three years
51:56 - Proliferation of issuers
53:59 - Closing remarks
GUEST/HOST LINKS
Charles Yoo-Naut - twitter.com/cnaut
Rain - twitter.com/raincards
John Gomez - linkedin.com/in/john-timoney-gomez-a64b669b/
Uptop - twitter.com/uptop_xyz
Steven Gates - twitter.com/stvngts
Kelvin Sparks - twitter.com/imyoungsparks
The Block Newsletters
The Block's newsletters bring you the latest news and analysis of the fast-moving crypto and DeFi markets. To subscribe, visit theblock.co/newsletters
Are you hiring in crypto?
Use Campus to quickly find your best candidates with our challenging Crypto Assessment Test.
Faster hiring, stronger teams.
Sign up for a trial today: theblock.co/campus
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
BlackRock has sharpened the staking posture for its iShares Staked Ethereum Trust ETF (ETHB), outlining a plan to keep most of the fund’s ETH staked and earning rewards rather than held in custody.
In its latest amended filing, the sponsor said that under normal market circumstances, it would seek to keep 70% to 95% of the fund’s ETH staked.
The remainder would sit in what it calls a Liquidity Sleeve, an unstaked buffer designed to handle day-to-day creations, redemptions, and expenses.
The change clarifies the product’s intent. ETHB packages spot ETH exposure into an exchange-traded fund while also incorporating Ethereum staking within the same ETF structure.
By embedding staking, the product moves closer to a carry-oriented strategy in which yield forms a core component of expected returns.
Staking ambition meets ETF liquidity mathETHB is structured to issue and redeem shares in 40,000 share baskets.
The trust primarily holds ETH in custody and uses a prime execution agent, Coinbase, to facilitate staking through approved validator arrangements.
The goal is to keep the majority of ether working while preserving the basic ETF promise, shares that can be created and redeemed in a predictable way.
That promise becomes more difficult when most of the portfolio is staked. Staked EtherEUM is still an on-chain asset, but the process of putting it to work and pulling it back out runs on Ethereum’s rules, not Wall Street’s settlement expectations.
The filing addresses that tension by formalizing a liquidity plan alongside the 95% staking target.
The sponsor said it intends to maintain a Liquidity Sleeve of 5%-30% of unstaked ETH, sizing it dynamically based on expected flows and network conditions.
If the buffer is depleted during heavy redemptions, BlackRock contemplates using cash in lieu of redemptions, and it also describes the possibility of delayed settlement for in-kind redemptions in stressed scenarios.
That is a technical point with a practical meaning for arbitrage. Staking introduces a liquidity clock into the mechanism intended to keep an ETF’s market price aligned with the value of its holdings.
For investors used to thinking of ETFs as clean plumbing, the filing is a reminder that this product is trying to do two jobs at once. It must behave like an ETF, even as it operates a staking book that keeps most of its ETH deployed.
The queue turns staking into time to yieldEthereum staking is not instant. Validators enter and exit through rate-limited queues that are designed to protect consensus stability.
ETHB’s filing makes that protocol design a headline risk factor because it directly affects when the fund can begin earning rewards on newly deposited ether.
The prospectus notes that staking activation requires joining an activation queue and then waiting an additional four epochs (about 25 minutes) before rewards begin accruing. It also lists a maximum activation throughput of roughly 57,600 ETH per day.
As of Feb. 5, 2026, the filing cited an activation queue of roughly four million ETH, which would take approximately 70 days.
If ETHB experiences a surge of inflows and attempts to stake the bulk of newly deposited tokens, a meaningful portion of the assets could remain in line for weeks before producing staking rewards.
That delay is a material structural feature for a product designed to keep 70% to 95% of its assets staked. It introduces a ramp-up period in which the fund is allocated for staking but has yet to generate staking rewards.
The document also spells out the mechanics on the way out.
It outlines exit and withdrawal steps that include an exit delay, a withdrawability delay of approximately 27 hours, and a withdrawal sweep that can take approximately 7 to 10 days. It adds that the process can take weeks to months during periods of congestion.
Those constraints matter most in the scenarios ETFs are built to withstand: fast price moves and shifting flows.
Investors can buy and sell shares throughout the day, but the fund’s ability to adjust its stake position or restore its liquidity sleeve after large flows is constrained by the network’s queues and timing.
The cost of turning protocol yield into a regulated wrapperETHB’s filing also makes the economics of staking inside an ETF explicit.
The trust will pay a Staking Fee, which includes remuneration for the sponsor and a share for the prime execution agent, including amounts payable to staking providers.
As of the prospectus date, the filing stated that those components constitute 18% of the gross Staking Consideration, with the trust retaining the remainder.
Alongside that staking fee, ETHB charges a traditional sponsor fee of 0.25% annually on net asset value, with a 12-month waiver to 0.12% for the first $2.5 billion of trust assets.
For crypto native investors, that fee stack is a central question.
Staking returns on Ethereum are not fixed and can vary with network participation, fees, and the broader staking mix.
A regulated wrapper can make staking accessible through familiar brokerage rails, but it can also reduce the portion of rewards that ultimately reaches shareholders, even before considering any delay caused by the activation queue.
ETHB would pull in millions in revenue for BlackRockThe filing’s 95% staking ambition invites an investor question that is common in traditional finance, what does this mean for fee revenue if the product scales.
BlackRock’s spot ETH ETF, ETHA, provides a reference point. This is the largest spot Ethereum fund.
CryptoSlate Daily Brief
Daily signals, zero noise.Market-moving headlines and context delivered every morning in one tight read.
5-minute digest 100k+ readers
Free. No spam. Unsubscribe any time.
You’re subscribed. Welcome aboard.
As of Feb. 13, 2026, BlackRock’s iShares product page listed ETHA with $6.58 billion in net assets and 425.4 million shares outstanding.
It also listed a Basket ETH Amount of 302.14 ETH per 40,000 share basket. Those figures imply ETHA holds about 3.21 million ETH.
If ETHB were half as successful as ETHA by size, that would translate to roughly $3.29 billion in assets under management and about 1.61 million ETH held.
Using the mechanics described in the ETHB filing, and keeping the assumptions explicit, the potential staking economics can be sketched as a range rather than a single point.
Assume the fund maintains an aggressive posture, with 95% of its ETH staked.
For staking yield, use two public reference points that bracket recent conditions, Coinbase’s estimated ETH staking reward rate of about 1.89% APY and ValidatorQueue’s network APR snapshot of about 2.84%.
We will use the prospectus’s ETH price reference of $1,918 as the conversion baseline.
Under those assumptions, a half-ETHA-scale ETHB could generate gross staking rewards, in steady state, of about 28,800 ETH per year at 1.89%, or about 43,300 ETH per year at 2.84%.
Apply the filing’s 18% skim pool, and the aggregate amount carved out for the sponsor, the prime execution agent, and staking providers would be about 5,200 ETH per year at 1.89%, or about 7,800 ETH per year at 2.84%.
Using the $1,918 reference, those figures correspond to about $10.0 million and about $15.0 million.
Meanwhile, calculating the sponsor fee is simpler.
On about $3.29 billion of assets, a 0.25% annualized sponsor fee implies about $8.2 million per year after the waiver period. In year one, if the product fully qualifies for the 0.12% waiver on the first $2.5 billion, the sponsor fee would be approximately $5 million.
Taken together, a steady-state revenue target at half the ETHA scale can be framed as roughly $11 million to $20 million per year, combining the sponsor fee with an assumed share of the staking skim pool.
A new feedback loop between ETF flows and the networkBlackRock's ETHB filing points to a second-order effect that could matter if staking ETFs grow.
If multiple US-listed funds begin staking at scale, Ethereum’s activation queue becomes a market variable alongside ether’s price and ETF flow data.
ValidatorQueue’s snapshot showed about 3.9 million ETH in the queue, with an estimated 67-day entry wait and an APR of about 2.84%.
In that environment, the relationship between demand and yield becomes more mechanical. Bigger ETF inflows that chase staking rewards can lengthen the queue, delaying yield realization.
Over time, larger staking participation can also put pressure on yields, because the same reward flow is distributed across a larger staked base.
The reverse can happen in risk-off periods. If exits rise, entry queues can shorten, but the same conditions can stress ETF liquidity.
The filing’s discussion of cash-in-lieu redemptions and delayed settlement underscores that when investors prioritize redemption mechanics, network congestion and withdrawal timing can become more consequential.
BlackRock’s plan to stake up to 95% of ETHB’s assets is therefore less a simple yield add-on and more a shift in how investors may need to evaluate ETH exposure in an ETF wrapper.
Mentioned in this articlePosted in
2026-02-18 17:522mo ago
2026-02-18 12:342mo ago
Cardano's “Ethereum Moment” Coming? Analyst Eyes $6-$10 Target as ADA Enters Accumulation Range
Market observers argue that Cardano may be approaching an “Ethereum moment,” as price compression and long-term structure align with a renewed focus on privacy and regulatory compliance.
A widely shared market commentary asserts that ADA will eventually achieve its own breakout cycle, claiming Cardano could deliver on privacy and compliance in ways Bitcoin and Ethereum have not fully realized.
The argument focuses on enabling global adoption through infrastructure designed for regulated environments, while ADA trades near $0.28 and skepticism remains elevated.
From a structural perspective, one analyst notes that ADA is within a long-term accumulation range. Weekly charts suggest the end of a corrective phase and the early stages of a new cycle, supported by a break from a prolonged downtrend.
Moreover, cycle projections by the same analyst indicate a mid-cycle target of $2 to $3, with a potential full extension to $6 to $10 in a strong alternative season scenario. The preferred entry range is $0.24 to $0.30, with invalidation on a weekly close below $0.20.
Advertisement
CoinMarketCap data indicate that ADA is down 1.35% to $0.28 over 24 hours, closely tracking Bitcoin’s 0.90% decline. Analysts emphasize the importance of holding the $0.24-$0.26 support band, while a weekly close above $0.31 would strengthen the bullish continuation thesis.
Comparing with the Ethereum analysis adds context. ETH trades at $1,976, up 0.54% amid ETF-related selling pressure. Despite a $238 billion valuation, the Ethereum ecosystem is valued at $293.5 billion, with 30% of its supply staked. Historically, ETH has traded at twice the total value locked. Yet, it’s now at 0.8 times, levels last seen during the 2022 contraction.
With Ethereum trading in a discounted zone and capital historically rotating into high-beta layer-ones after Bitcoin bottoms, some analysts see Cardano positioned for a similar repricing phase if fundamentals align with market timing.
2026-02-18 17:522mo ago
2026-02-18 12:382mo ago
Shiba Inu's AI Relationship Platform Sparks Web3 Expansion Talks
Shiba Inu unveils an AI relationship platform as the team warns users about fake SOU NFT portals and rising phishing scams.
Newton Gitonga2 min read
18 February 2026, 05:38 PM
Shiba Inu’s lead ambassador has unveiled a new AI-powered relationship platform, while the project is also moving to protect users following a past security breach. The update links innovation with risk awareness across the SHIB ecosystem. Team members say the tool may expand into Web3 use cases over time. At the same time, developers warn users about rising phishing threats tied to a newly launched NFT initiative.
AI Relationship Platform Eyes Web3 IntegrationDuring a Feb. 18 livestream, Shytoshi Kusama revealed plans for an AI-powered relationship platform focused on translation and compatibility. He described it as a personal initiative separate from his Shiba Inu leadership role. The platform aims to help couples detect patterns, friction points, and long-term compatibility risks before conflicts escalate.
However, the Shiba Inu team sees broader Web3 potential. Lucie, a Shiba Inu team member, outlined five possible use cases connected to the SHIB ecosystem. She said the first could function as a DAO compatibility tool. The AI system could match co-founders, multisig partners, validators, or DAO teams to reduce internal conflict early.
Lucie also explained that the platform may introduce a token-gated premium layer. This layer would unlock deeper AI insights using ecosystem tokens. She noted that this model could drive utility-based engagement across the community.
In addition, she described a reputation and social signal system. The feature would link compatibility and communication insights to optional on-chain identity. According to Lucie, this could strengthen coordination within decentralized teams.
She further suggested the tool could operate as an NFT or badge layer on Solana. The low-fee infrastructure could host collaboration or relationship milestone badges as social proof. Finally, she said the AI translator layer could serve as a mediator in governance discussions or advanced user support systems within ecosystem apps.
Shiba Inu Issues Scam Warning Over SOU NFTMeanwhile, Shiba Inu has launched the SOU NFT as part of recovery efforts tied to the Shibarium hack last September. SOU, short for “Shib owes you,” exists as an on-chain NFT. The team describes it as a good-faith initiative to support impacted Shibarium users through payouts, donations, and occasional rewards.
As the Shiba Inu SOU rollout continues, Lucie has issued a crucial scam warning. She stated on social media that scammers already operate fake SOU portals. She warned that phishing links now mirror official websites to drain user wallets.
Lucie urged users to verify contract addresses and use hardware wallets. She advised the community to bookmark the official portal. She added that users should trust their instincts if something appears suspicious.
ENRICH your inbox with our best storiesDon’t miss out and join our newsletter to get the latest,
well-curated news from the crypto world!
Newton Gitonga covers cryptocurrencies, blockchain, and digital finance. He specializes in breaking down complex trends with clear, data-driven reporting. His work focuses on market analysis, technical insights, and the evolving role of altcoins in shaping global markets.
Read more about
Latest Shiba Inu News Today (SHIB)
2026-02-18 17:522mo ago
2026-02-18 12:382mo ago
Coinbase's Base moves away from Optimism's 'OP stack' in major tech shift
Base launched in 2023 and quickly became one of the most widely used Ethereum layer-2 networks. Feb 18, 2026, 5:38 p.m.
Coinbase’s Ethereum layer-2 network, Base, is changing the technology that powers it, stepping back from relying on Optimism’s OP Stack, the toolkit it originally launched on.
In a blog post titled “The Next Chapter for Base,” the team said it plans to take more control over its own code and infrastructure. Instead of depending on multiple outside teams for key upgrades and changes, Base will consolidate everything into a Base-managed codebase.
STORY CONTINUES BELOW
In simple terms, Base was built using Optimism’s technology, but now it wants to steer more of its own ship. Optimism is a layer-2 blockchain on top of Ethereum that aims to reduce settlement times and transaction costs.
Base launched in 2023 and quickly became one of the most widely used Ethereum layer-2 networks, with $3.85 billion locked in the protocol today.
The OP token is down 4% over the past 24 hours following the announcement.
OP Token (CoinDesk)
The team said that the change doesn’t mean Base is cutting ties with Optimism entirely. The company said it will still work with Optimism for support and will remain compatible with OP Stack standards during the transition. For everyday users and developers, nothing should immediately change.
The team said the shift is happening because, if it controls its own stack, Base can ship upgrades faster and simplify how the network operates behind the scenes, aiming to double its pace of major upgrades to about six per year.
For now, the transition is mostly technical.
"This unification does not mean Base will be built in isolation. The protocol remains public and specified in the open, and alternative implementations are welcome and encouraged," the team wrote in their blog post.
Read more: Coinbase Officially Launches Base Blockchain in Milestone for a Public Company
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
Más para ti
Ethereum’s 50% staking milestone triggers backlash over 'misleading' supply data
hace 25 minutos
CoinShares researcher Luke Nolan says the 50% figure is ‘inaccurate, or at least materially misleading’ and staked ether is closer to 30% of supply. Ethplorer.io’s Aleksandr Vat agrees.
Lo que debes saber:
More than half of all ether ever issued has passed through Ethereum’s proof-of-stake deposit contract, but analysts say this overstates how much ETH is actually locked.On-chain data show about 37 million ETH, or roughly 31% of the total supply, is currently staked, far below the roughly 80 million ETH that have cumulatively entered the Beacon deposit contract.The milestone underscores staking’s growing role in Ethereum’s economics, with some investors likening ETH to a “digital bond” even as critics warn that large players now dominate validator growth.
2026-02-18 17:522mo ago
2026-02-18 12:392mo ago
Goldman CEO, NYSE President Attend Trump-Backed World Liberty Crypto Event
World Liberty Financial (CRYPTO: WLFI) surged 17% as Goldman Sachs (NYSE:GS) CEO David Solomon and NYSE President Lynn Martin spoke at the inaugural World Liberty Forum at Mar-a-Lago, signaling Wall Street's embrace of tokenization. The Goldman Revelation Solomon revealed he owns “very little, but some” Bitcoin (CRYPTO: BTC), describing himself as an observer still trying to understand how it moves.
2026-02-18 17:522mo ago
2026-02-18 12:402mo ago
Coinbase-incubated Base network to ditch Optimism for ‘unified solution'
Base, the Coinbase-incubated Ethereum Layer 2, is pivoting away from Optimism’s Superchain ecosystem and "evolving its foundational software by moving to a unified, Base-operated stack," according to a blog on Wednesday.
The move will see Base shift its reliance away from the OP Stack, and other external dependencies provided by Flashbots and Paradigm, toward a consolidated repository. In replacing Optimism from its security council, the Base Security Council is adding "an additional independent signer."
Base is by far the largest chain in the OP Stack Superchain, which recently passed a resolution to use protocol rewards for token buybacks. Base developers have previously signaled they were looking into launching a native token.
"Today, the code operating various components of Base, such as the sequencer, is owned by multiple teams and spread across multiple repositories, which adds coordination and maintenance overhead," the blog reads. "Our unified solution, base/base, built on open-sourced components such as Reth, allows us to dramatically simplify the number of components, by optimizing them directly for our use case."
"This unification does not mean Base will be built in isolation," the blog notes. "The protocol remains public and specified in the open, and alternative implementations are welcome and encouraged. Any team can build, run, and maintain an independent client that follows the published specs and remains compatible across hard forks."
According to the announcement, Base will remain a "Stage 1" rollup, following Vitalik Buterin's classification model for L2 decentralization. In the shortterm, the chain will continue to remain compatible with the OP Stack specification. However, the team notes, Base node operators will need to migrate to a new Base client to remain compatible with future hard forks.
Base is planning an upcoming Base V1 hardfork that will add Fusaka support and swap Optimistic proofs to Base-specific TEE/ZK proofs. "Node operators will need to transition to running releases from base/base instead of Optimism’s releases," the team notes.
Two additional hardforks are also scheduled to further reduce Base’s relationship with Optimism, with Base V3 apparently timed around the upcoming Glamsterdam Ethereum update.
The Block reached out to Base for comment and may update this article with additional context.
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
XRP Ledger activated the XLS-81 “Permissioned DEX” amendment, enabling the creation of controlled versions of its native DEX with restricted access. The network also implemented XLS-85 Token Escrow, extending the escrow system beyond XRP to trustline-based tokens, Multi-Purpose Tokens, stablecoins, and RWAs. The infrastructure is aimed at banks and brokers that require onchain settlement with counterparty control. XRP Ledger activated the XLS-81 amendment, known as “Permissioned DEX,” an upgrade that allows the creation of decentralized exchanges with restricted access directly on the network. The new feature enables controlled versions of the protocol’s native DEX while keeping the trading mechanics within the ledger itself.
Unlike the existing open order book, the new model allows designated administrators to determine who can place offers and who can accept them. This creates a “members-only” marketplace tied to compliance requirements such as KYC and AML processes. Access is therefore limited to previously approved users.
The design proposed by XRP targets regulated institutions such as banks and brokers that require onchain settlement and blockchain-based liquidity, but with control over counterparty eligibility. The structure allows participants to operate within the public ledger infrastructure without opening markets to all users.
Debate Over Native XRP Staking and Design Changes In addition, the network recently implemented XLS-85 Token Escrow. This upgrade extended the native escrow system beyond XRP, incorporating trustline-based tokens and Multi-Purpose Tokens, including stablecoins and tokenized real-world assets. With this expansion, the network enables conditional settlement agreements for a broad range of assets issued on the platform.
The combination of an expanded escrow system and a permissioned DEX creates a toolkit geared toward regulated tokenized markets. The framework covers issuance, conditional custody, and secondary trading within a controlled environment.
The Ledger was designed for payments, token issuance, and decentralized exchange functionality built into the base layer. In recent months, a RippleX engineer explored the possibility of introducing native staking, while David Schwartz took part in discussions about potential design changes.
2026-02-18 17:522mo ago
2026-02-18 12:412mo ago
SocGen's FORGE expands euro stablecoin to XRP Ledger in multi-chain push
French banking group Societe Generale’s digital asset arm, SG-FORGE, has deployed its euro-denominated stablecoin, EUR CoinVertible, on the XRP Ledger, marking the token’s third blockchain launch after Ethereum and Solana.
According to Wednesday’s announcement, the rollout is supported by Ripple’s custody infrastructure and could enable integration into Ripple products, including use as trading collateral. SG-FORGE said the move expands institutional access to the euro-backed token across another public network.
The launch comes about a month after global banking network SWIFT tested SocGen’s euro-pegged stablecoin in a pilot of exchange and settlement of tokenized bonds in both fiat and digital currencies. SG-FORGE said EUR CoinVertible was the first MiCA-compliant digital asset designed to integrate directly with SWIFT’s interoperability framework.
EUR CoinVertible is backed by bank cash deposits or high-quality securities on a 1:1 basis. At the time of writing, there were about 70.51 million of the tokens in circulation.
The SWIFT pilot and multi-chain expansion unfold against a broader policy debate in Europe over the future of digital money.
On Monday, Joachim Nagel, Germany‘s central bank president, said Europe should advance both a retail euro central bank digital currency (CBDC) and euro-denominated stablecoins, arguing that domestic digital payment tools could strengthen the region’s independence in payment systems.
Earlier this month, Nagel cautioned participants at a Euro50 Group meeting that a dominant role for US dollar–denominated stablecoins in Europe could undermine domestic monetary policy and weaken European sovereignty if euro-backed alternatives fail to gain sufficient market share.
Europe’s evolving stablecoin landscape under MiCAThe European Union’s Markets in Crypto-Assets (MiCa) regime’s stablecoin provisions went into effect on June 30, 2024, requiring issuers operating in the European Economic Area to obtain an e-money license in at least one EU member state. The rules prompted several exchanges and issuers to delist or restrict tokens that had not secured authorization under the new framework.
Coinbase, OKX, Bitstamp, Uphold and Binance were among several platforms that moved to remove or limit support for non-compliant stablecoins in response to the new the provisions.
In November 2024, Tether also announced it would wind down its euro-pegged stablecoin EURT, halting minting across all blockchains and giving holders one year to redeem their tokens.
Yet while many exchanges and issuers chose to leave the EU, others moved to align with the new rules. In July 2024, Circle became the first global stablecoin issuer to secure authorization under MiCA, a milestone that coincided with a surge in trading activity for its USDC token that month.
Meanwhile, in the United States, the passage of the GENIUS Act in July 2025 has accelerated activity in the stablecoin market, with total market capitalization rising from roughly $260 billion on July 19 to about $307.6 billion, according to DefiLlama data.
The asset sector remains heavily concentrated in US dollar-pegged tokens issued by Tether (USDT) and Circle (USDC), which account for more than 80% of the total market cap.
The disparity in the market has drawn attention from European central bankers, who argue that strengthening the region’s own stablecoin ecosystem is key to countering growing dollar dominance in digital assets.
In December, BNP Paribas said it had joined nine other EU-based banks to launch a euro-backed stablecoin in the second half of 2026 through a newly formed Amsterdam-based entity, Qivalis.
Stablecoin market cap. Source: Defillama Magazine: Bitcoin may take 7 years to upgrade to post-quantum: BIP-360 co-author
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy
2026-02-18 17:522mo ago
2026-02-18 12:412mo ago
Hyperliquid Launches Policy Center With $29 Million Backing to Advocate for DeFi in DC
In brief Jake Chervinsky will lead the Hyperliquid Policy Center as CEO. The organization was funded with $29 million worth of HYPE tokens. The HPC plans to serve as a resource for policymakers. There’s a new heavyweight fighting for the future of decentralized finance on Capitol Hill.
The Hyperliquid Policy Center, or HPC, announced its debut on Wednesday, positioning itself as a resource for U.S. policymakers on DeFi and derivatives like perpetual futures.
In a press release, founder and CEO Jake Chervinsky said that blockchains are poised to become the bedrock of the financial system, and the U.S. must choose between adopting new rules to support the technology or to “wait and watch as other nations seize the opportunity.”
1/ I am proud to announce the launch of Hyperliquid Policy Center, where I will serve as CEO.
HPC is an independent research and advocacy organization dedicated to ensuring that DeFi can flourish in the United States.
The future of finance will be decentralized. https://t.co/ObDFGsjlwj
— Jake Chervinsky (@jchervinsky) February 18, 2026
Chervinsky previously served as chief legal officer at venture capital firm Variant, which has invested in DeFi staples like Uniswap and Morpho. Prior to that, Chervinsky worked at the Blockchain Association, a nonprofit trade association based in Washington, D.C.
The Hyper Foundation, which supports Hyperliquid, has contributed 1,000,000 HYPE to fund the center’s initial operations. That sum was worth around $29 million on Wednesday, with the exchange’s native token rising 22% over the past month, according to CoinGecko.
The development underscores how Hyperliquid has evolved since the decentralized exchange specializing in perpetual futures debuted three years ago. Although the project was once viewed as a scrappy contender in the DeFi space built around a tight-knit community, some members are setting their sights on policy discussions among the country’s political elite.
That includes Hyperliquid co-founder and CEO Jeff Yan, who said on X that the decentralized nature of exchange’s decentralized development “meant that Hyperliquid lacked a unified voice in important policy discussions until now.”
Yan acknowledged that the organization’s debut comes at a critical time, with a market structure bill stalled in the Senate that has the potential to establish new rules for DeFi.
In October, Chervinsky pushed back against a proposal from Senate Democrats that would require the websites that people use to access DeFi protocols, also known as front ends, to register with regulators and perform Know Your Customer checks. Chervinsky claimed that the Treasury Department could ban DeFi projects under the rules.
I’m excited to support the @HyperliquidPC launch. The Hyperliquid ecosystem needs a policy voice that represents our core values in DC. I’ve gotten to know @jchervinsky and seen his principled and unwavering support of defi over the years. There is no better person to advocate… https://t.co/hSOlEjEci6
— jeff.hl (@chameleon_jeff) February 18, 2026
“This proposal is less a regulatory framework and more an unprecedented, unconstitutional government takeover of an entire industry,” he said on X. “All U.S. DeFi devs [would] go offshore or have their projects die at home.”
The HPC doesn’t bill itself as just another crypto lobby like the Blockchain Association, Coin Center, or the Chamber of Digital Commerce, which was established in 2014
HPC’s mandate is specifically focused on advancing “decentralized market infrastructure,” with an emphasis on perps—where the Hyperliquid blockchain has built its dominant market share.
Unlike traditional futures, perps don’t have an expiration date, allowing a trader to hold positions indefinitely. They use periodic payments between long and short traders to keep the derivative’s price pegged to an asset’s spot price, also known as a funding rate.
Hyperliquid was once known as a go-to platform for trading digital assets, including meme coins, on leverage. However, the exchange has expanded into real-world assets in recent months, including precious metals like gold and silver.
Under former Acting CFTC Chair Caroline Pham, the regulator greenlit Bitnomial, allowing the exchange’s customers to access spot crypto trading alongside perps and options. And there’s a chance that perps could continue to proliferate under her successor, Michael Selig.
On a recent episode of Bloomberg’s “Odd Lots” podcast, Selig was asked by co-host Joe Weisenthal whether perpetual futures could become more commonplace in traditional finance moving forward. As an example, Weisenthal floated perps for oil.
“If there’s demand for these products, it's definitely something that we'll consider,” Selig said. “It’s been too long that this stuff is only developed offshore, and we really want to bring it back with clear rules of the road.”
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
2026-02-18 17:522mo ago
2026-02-18 12:442mo ago
EUR CoinVertible Stablecoin Launches on XRP Ledger, Expanding Reach
TLDREUR CoinVertible Expands to XRP LedgerRipple’s Role in Expanding EUR CoinVertible Use CasesGet 3 Free Stock Ebooks Société Générale Forge has launched EUR CoinVertible on the XRP Ledger, expanding its stablecoin to a new Layer-1 network. The deployment follows previous integrations on Ethereum and Solana, strengthening the firm’s multi-chain strategy. Ripple supports the launch by providing institutional-grade custody and infrastructure services to ensure security. The integration on XRP Ledger enhances scalability, reduces transaction costs, and offers a secure decentralized architecture. SG-FORGE aims to increase the adoption of its euro-backed stablecoin for trading, payments, and collateral use cases. Société Générale Forge has launched its euro-backed stablecoin, EUR CoinVertible, on the XRP Ledger. This move expands the stablecoin’s presence, following previous deployments on Ethereum and Solana. The integration into the XRP Ledger strengthens the firm’s multi-chain strategy and enhances the adoption of compliant digital assets across various blockchain networks.
EUR CoinVertible Expands to XRP Ledger Société Générale Forge has successfully deployed EUR CoinVertible on the XRP Ledger. This launch adds another Layer-1 network to the stablecoin’s ecosystem, which already includes Ethereum and Solana. According to SG-FORGE, the decision to use the XRP Ledger stems from its high-performance capabilities, which can provide faster transactions, lower fees, and a secure decentralized architecture.
The EUR CoinVertible is now live on the XRP Ledger (XRPL)!
After @ethereum and @solana, this new deployment reinforces our commitment to delivering compliant crypto‑assets through a multi‑chain approach.
The aim?
✅Enhanced scalability and speed thanks to XRPL’s… pic.twitter.com/jiAl7ypH8S
— Societe Generale Forge (@SG_Forge) February 18, 2026
Ripple has supported the launch by providing its institutional-grade custody and infrastructure services. This partnership aims to ensure the stablecoin’s seamless integration while maintaining high security standards. Ripple’s technology enables SG-FORGE to enhance the operational and security standards for the stablecoin’s use cases.
SG-FORGE highlighted several key advantages of integrating EUR CoinVertible into the XRP Ledger. The platform’s scalability and low transaction costs are central to its appeal. XRP Ledger’s decentralized infrastructure also ensures a high level of security for institutional users of the stablecoin.
Jean-Marc Stenger, CEO of SG-FORGE, emphasized the firm’s focus on delivering transparent and secure digital assets. “The launch of EUR CoinVertible on XRP is a milestone in our effort to advance regulated digital assets that are compliant and scalable,” Stenger stated. The integration on XRP reinforces SG-FORGE’s commitment to expanding its offering of euro-backed stablecoins for trading, payments, and collateral use.
Ripple’s Role in Expanding EUR CoinVertible Use Cases Ripple’s involvement in the launch is crucial, as it provides both infrastructure and custody services for EUR CoinVertible. The partnership with Ripple supports SG-FORGE’s strategy of driving the adoption of the stablecoin across various financial and crypto markets.
Cassie Craddock, Ripple’s Managing Director for UK and Europe, remarked that SG-FORGE is at the forefront of creating structured crypto-asset offerings in Europe. “Ripple’s infrastructure has been integral to supporting the launch and ongoing expansion of regulated stablecoins like EUR CoinVertible,” Craddock added. The move to integrate with XRP’s robust platform is expected to unlock new use cases for the stablecoin, such as trading collateral and further integration into Ripple’s product suite.
Intesa Sanpaolo Bitcoin ETF holdings: ~$96M disclosed in 13F filingItaly’s largest bank, Intesa Sanpaolo, reported exposure to approximately $96 million of U.S. spot Bitcoin ETFs in its fourth-quarter 2025 portfolio disclosure. Based on data from the U.S. Securities and Exchange Commission (Form 13F), the positions were held as of December 31, 2025.
The filing lists exposure via ARK 21Shares Bitcoin ETF (ARKB) and iShares Bitcoin Trust (IBIT), indicating use of regulated, exchange-traded vehicles rather than direct token custody. Because Form 13F reports quarter-end positions and is filed weeks later, the holdings may have changed after the reporting date.
For a bank of Intesa Sanpaolo’s scale, the dollar amount is modest in balance-sheet terms, but it is notable as a formal, regulated footprint in spot Bitcoin exposure. The disclosure places a large European institution within the same ETF ecosystem used by U.S. asset managers and advisers.
Why this disclosure matters for European banks and clientsFor European banks, U.S. spot Bitcoin ETFs offer a supervised access point that can fit within existing control frameworks and product-governance rules. Using ETFs also helps separate market exposure from on-chain custody risks and operational complexities.
Coverage of the filing underscored the move’s significance for an Italian incumbent. “Italian banking giant Intesa Sanpaolo has revealed nearly $100 million in Bitcoin ETF holdings,” said Crypto.news, referencing the bank’s latest 13F disclosure.
For clients, ETF-based exposure can simplify suitability assessments, reporting, and safekeeping relative to direct crypto holdings. The filing signals a pathway for institutions to meet demand through regulated wrappers without implying a broader endorsement of the asset.
BingX: a trusted exchange delivering real advantages for traders at every level.
Splitting exposure across ARKB and IBIT suggests diversification across leading, liquid spot vehicles. Concentration risks can be reduced when allocations span multiple issuers and operational setups within the same asset class.
Risk posture appears calibrated rather than directional. The bank’s use of ETF wrappers, combined with hedging tactics discussed below, indicates an emphasis on managed exposure over high-conviction speculation.
At the time of this writing, Intesa Sanpaolo shares (ISP.MI) traded around €5.97 on a delayed Milan quote, based on data from Yahoo Finance. This provides a neutral backdrop for interpreting the disclosure within the issuer’s broader market context.
Filing details: ARKB vs IBIT split, hedges, and 13F timingForm 13F captures U.S.-listed equity securities and certain options as of the quarter’s end, typically published several weeks later. It is a position snapshot, not a real-time view, and does not include all risk exposures or cash balances.
Alongside the ETF positions, the disclosure cycle has been discussed in parallel reporting with a sizable put-option position on MicroStrategy, a Bitcoin-treasury proxy. Coindoo attributed that hedge to Intesa Sanpaolo in coverage of the filing period, describing it as a risk-management complement to long ETF exposure.
Holdings split between ARK 21Shares (ARKB) and iShares (IBIT)As of December 31, 2025, about $72.6 million was in ARK 21Shares Bitcoin ETF and roughly $23.4 million in iShares Bitcoin Trust, as reported by Archyde. The figures indicate a majority weighting to ARKB with a meaningful allocation to IBIT.
Why pair ETF exposure with MicroStrategy put optionsMicroStrategy’s equity is highly sensitive to Bitcoin moves and corporate leverage, making puts on the stock a potential tail-risk hedge. As covered by Coindoo, pairing long ETF exposure with such options can help cushion drawdowns or dislocations.
FAQ about Intesa Sanpaolo Bitcoin ETF holdingsHow much of Intesa’s position is in ARK 21Shares Bitcoin ETF (ARKB) versus iShares Bitcoin Trust (IBIT)?Approximately $72.6 million in ARKB and $23.4 million in IBIT as of December 31, 2025, as reported by Archyde.
Are these Bitcoin ETF holdings proprietary trading or client-directed, and what does any DFND/shared designation imply?Filings don’t state this. Some coverage interprets DFND/shared as shared investment discretion aligned with client-directed flows, according to AInvest.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Rate this post
2026-02-18 17:522mo ago
2026-02-18 12:452mo ago
Pepe Coin price rare pattern points to a 150% jump as key metric rises
Pepe Coin price retreated this week, moving from the weekend high of $0.000005030 to the current $0.000004325.
Summary
Pepe Coin price has formed a giant double-bottom pattern on the daily chart. This pattern points to a 150% surge to $0.00001080. Pepe’s futures open interest and volume have held steady this week. The Pepe (PEPE) token remains well above its year-to-date low of $0.0000031, giving it a market capitalization of over $1.78 billion.
The ongoing consolidation is due to the crypto market’s price action, with Bitcoin and most altcoins remaining in a tight range.
However, on the positive side, there are signs that Pepe may be on the cusp of a strong bullish breakout, potentially to the year-to-date high of $0.000072.
Data compiled by CoinGlass show that futures open interest has continued to rise over the past few days, a sign of increased demand among traders betting on a potential rebound.
The futures open interest rose to $262 million, well above the year-to-date low of $200 million. Similarly, Pepe’s daily volume has bounced back from its lowest level this month. It stood at $435 million on Wednesday, much higher than the year-to-date low of $436 million.
Pepe’s volume was much higher than that of other top meme coins. For example, Shiba Inu had a daily volume of $114 million, while Official Trump had $152 million. The elevated volume is also a sign of demand among whale investors.
Pepe Coin price has formed a double-bottom pattern Pepe price chart | Source: crypto.news The daily chart shows that Pepe has been in a strong downward trend since 2025 as demand for meme coins waned and most altcoins tumbled.
On the positive side, it has formed a large double-bottom pattern at $0.0000036, its lowest level in December last year and this month.
A double-bottom pattern consists of two low swings and a neckline, which in this case is at $0.0000072. The profit target is determined by first measuring the distance between the neckline and the lower side.
After that, one measures the same distance from the neckline. In this case, Pepe will likely rally to $0.000p1082, up 150% from the current level.
The bullish Pepe Coin price forecast will become invalid if it drops below the double-bottom level at $0.0000036.
2026-02-18 17:522mo ago
2026-02-18 12:482mo ago
Solana price risks a drop below $80 as bearish engulfing candles indicate weakness
Solana’s price is showing renewed downside risk after bearish engulfing candles rejected key resistance, with weakening market structure increasing the likelihood of testing sub-$80 support levels.
Summary
Bearish engulfing candles confirm rejection at the key $90 resistance Loss of the point of control signals weakness, favoring further downside $78–$80 support is the critical zone, with Fibonacci and liquidity confluence Solana (SOL) price action has shifted back into a vulnerable technical position after a failed attempt to reclaim higher resistance. What initially looked like a potential stabilization has now turned into renewed weakness, as sellers regain control after a rejection at a key resistance zone. The broader structure remains corrective, and recent candlestick behavior suggests that downside continuation is becoming increasingly likely.
As price trades back below important value levels, attention is now turning to high-timeframe support zones that could come into play in the near term. Whether these levels hold or fail will determine if Solana can stage a meaningful bounce or if the correction deepens further.
Solana price key technical points Bearish engulfing candles rejected $90 resistance, reinforcing seller control Loss of the point of control signals weakness, favoring rotation lower $78–$80 support zone aligns with Fibonacci confluence, acting as a key downside target SOLUSDT (4H) Chart, Source: TradingView Solana recently attempted to push above the $90 resistance level, but the move failed to gain traction. Price quickly closed back below resistance, forming bearish engulfing candles that invalidated the breakout attempt. These engulfing structures are significant because they often reflect aggressive selling pressure entering the market when buyers lose control.
The rejection from resistance is further reinforced by Solana’s inability to hold above the point of control (POC). Multiple counter-trend closes below this level indicate that the market has shifted away from balance and back into bearish momentum. When price loses the POC after a failed breakout, it often signals the start of a deeper corrective rotation.
Loss of value opens path toward $78 support With price now trading below the point of control, the next logical downside magnet is the value area low. This level defines the lower boundary of fair value within the current range and frequently acts as a target during corrective phases.
Below the value area low sits high-timeframe support around $78, which also marks the lower edge of the broader trading structure. A move into this region would place Solana below the $80 psychological level, increasing volatility as traders reassess risk.
From a technical perspective, the $78 area carries additional significance due to its alignment with the 0.618 Fibonacci retracement. Fibonacci confluence often attracts price during corrective moves, particularly when paired with visible resting liquidity.
Liquidity sweep or deeper breakdown? The swing low near $78 indicates an area with likely resting liquidity. Markets often dip into such zones to trigger stop-loss orders before deciding on the next directional move. If Solana quickly trades into this region and then reclaims it with strong buying interest, the move could resemble a liquidity sweep, setting the stage for a reactive bounce.
However, timing and structure will be critical. A slow grind lower, or prolonged acceptance below $78, would weaken the bounce thesis and suggest that a deeper corrective phase is unfolding. In that scenario, the market would be signaling that buyers are not yet ready to defend key support.
Broader market structure remains corrective From a market structure standpoint, Solana has not yet invalidated its bearish bias. Lower highs remain intact, and recent attempts to reclaim resistance have failed. Without a decisive reclaim of value and strong bullish volume, rallies should continue to be treated as corrective rather than trend-changing.
The presence of bearish engulfing candles at resistance adds further weight to this view, as such patterns often precede continuation lower rather than immediate reversal.
What to expect in the coming price action From a technical, price-action, and market-structure perspective, Solana is likely to continue rotating lower in the short term. As long as the price remains below the resistance and the point of control, the probability favors a move toward the value area, low and high-timeframe support near $78.
Traders should closely monitor price behavior around this zone. A sharp reaction and reclaim could trigger a short-term relief bounce, while sustained trading below $80 would increase the risk of a deeper correction.
Until bullish acceptance returns above key value levels, downside risks remain elevated, and Solana’s next meaningful move is likely to be defined by how the price reacts at sub-$80 support.
2026-02-18 17:522mo ago
2026-02-18 12:492mo ago
Here's why Pi Network Coin is pumping as crypto prices remain muted
Pi Network Coin’s price is surging this month, even as the broader crypto market remains muted, with Bitcoin stuck at $67,000.
Summary
Pi Network Coin price has rebounded by nearly 50% from its lowest level this month. The network will celebrate the first year anniversary of the mainnet launch on Friday. There are rising odds that it will be listed by Kraken, a top US exchange. Pi Coin (PI) token jumped to a high of $0.20 on Wednesday, February 18, up by nearly 50% from its lowest level this month. This rally has brought its market capitalization to over $1.68 billion.
Pi Network is soaring as several important factors converge. First, the network will celebrate the first anniversary of its mainnet launch this Friday. As such, there is a likelihood the developers will make a major announcement to mark this occasion.
Second, there is a likelihood that Kraken, an American crypto exchange valued at over $20 billion, will list it later this year. Kraken added it to the chain section of the listing roadmap page.
A Kraken listing would be a big deal, as it would expose it to American investors, since it is now listed on exchanges like OKX, MEXC, and Gate, which have a negligible market share in the country. It would also raise the possibility of being listed by other companies, such as Binance and Coinbase.
Pi Coin’s price is soaring ahead of the first validator rewards distribution, which will occur in March this year. The risk, however, is that many of these validators may decide to sell their rewards.
Pi is also rising after developers began implementing a major network upgrade, as it transitions from Protocol 19 of the Stellar Network Consensus to Protocol 23. The first stage of the upgrade started on Sunday, and the process may continue in the coming weeks.
Meanwhile, data compiled by PiScan shows that the pace of token unlocks will continue to fall over the next few months. 109 million tokens will be unlocked in the remainder of February, followed by 104 million in March, 86 million in April, and 78 million in May.
Pi Network Coin price technical analysis Pi Coin price chart | Source: crypto.news The 12-hour chart shows that the Pi Network Coin price has rebounded in the past few weeks, moving from a low of $0.1300 to the current $0.1870. It has flipped the Supertrend indicator from red to green for the first time since October last year.
The coin has also jumped above the 50-period and 100-period moving averages, and is slowly forming a bullish pennant pattern. It is also hovering at the 38.2% Fibonacci Retracement level.
Therefore, the coin may continue rising as bulls target the next key resistance level at $0.2055, its lowest level this month. This target aligns with the 50% Fibonacci Retracement level.
2026-02-18 16:522mo ago
2026-02-18 11:012mo ago
Hyperliquid Launches DC Policy Arm With $28M War Chest
Hyperliquid commits 1 million HYPE tokens to fund Washington policy operations. Jake Chervinsky appointed CEO to lead decentralized finance engagement efforts. Policy center targets U.S. regulatory framework for crypto perpetual futures markets. Hyperliquid Launches DC Policy Arm With $28M War Chest Hyperliquid has opened the Hyperliquid Policy Center in Washington, D.C., backed by a $28 million token commitment. The funding comes from a 1 million HYPE token donation by the Hyper Foundation. The launch places Hyperliquid in direct contact with U.S. lawmakers on digital asset policy.
Jake Chervinsky will serve as the center’s first chief executive officer. The group will focus on decentralized finance and related legislation. It will operate from Washington and engage with regulators and members of Congress.
$28M in HYPE Tokens Unstaked The Hyper Foundation confirmed it will provide 1 million HYPE tokens to fund the new policy arm. Based on recent prices, the tokens are worth about $28 million. The foundation said the tokens will be unstaked to finance the center’s work.
In a post, Hyperliquid said, “The Hyper Foundation will contribute 1M HYPE tokens to support the creation of the Hyperliquid Policy Center.” It added, “The tokens will be unstaked later today.” The funds will cover operations, staffing, and outreach.
Push for Perpetuals Framework The Hyperliquid Policy Center will promote rules for perpetual futures, also known as perps. The group states that perps are simpler than options and standard futures contracts. It also says they provide direct exposure to the underlying asset.
Most perpetual trading now takes place on offshore platforms. The center plans to work with U.S. officials on a domestic framework for these products. The focus will remain on how decentralized derivatives fit within existing laws.
Representation in Washington Hyperliquid said the community will gain representation in Washington, D.C. The firm expressed confidence in Chervinsky’s leadership of the policy effort.
The company stated that the center “will have a meaningful impact in favor of clear regulations for decentralized finance.” The launch marks Hyperliquid’s entry into formal policy engagement in the United States.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Rate this post
2026-02-18 16:522mo ago
2026-02-18 11:062mo ago
CryptoQuant Founder Proposes Freezing Old Bitcoin Addresses to Prevent Quantum Attacks
Bitcoin may need drastic fix against quantum threats as CryptoQuant founder urges freezing inactive wallets holding billions in BTC.
Ki Young Ju, founder of CryptoQuant, has proposed that a future Bitcoin (BTC) quantum upgrade may require freezing old addresses to protect against potential theft by quantum computers.
He also believes that addressing the risk would be challenging because the crypto community has historically struggled to agree on protocol changes.
Solution to Quantum Risk In a social media post, Ju explained that anyone holding BTC in old address types faces the same risk. This is because the digital assets could either be frozen by design or stolen if quantum machines evolve enough to break BTC’s cryptography. He added that even securely stored private keys could become useless if owners fail to adopt protocol upgrades in time.
“In simple terms, coins that appear perfectly safe today could become spendable by an attacker tomorrow,” warned Ju.
In response to the threat, the CryptoQuant founder has suggested freezing old addresses, including the one containing Satoshi’s 1 million BTC, to prevent them from being stolen or compromised.
“Would you support freezing dormant coins, including Satoshi’s, to save BTC from quantum attacks?” he asked.
Bitcoin’s security relies on cryptography that is effectively unbreakable by classical computers. However, quantum computers change this assumption. Under certain conditions, a sufficiently powerful machine of this kind could get a private key from an exposed public key.
Once a public key is revealed on-chain, the risk is permanent. Ju estimates that roughly 6.89 million BTC are currently exposed to such attacks. Data shows that about 3.4 million BTC have been dormant for over a decade, including Satoshi’s stash, representing hundreds of billions of dollars in potential value. He explained that with so much value at risk, hackers could be very motivated if the technology becomes cheaper and easier to use.
Even if freezing dormant BTC is technically possible, achieving community agreement is still a major challenge. This is because such solutions move quickly, while social consensus happens slowly.
You may also like: Analyst Warns of Multi-Year Reset as Bitcoin Liveliness Falls Bitcoin Miners Withdraw 36K BTC as Bullish Signals Grow Crypto Funds See 4th Week of Outflows, but XRP and SOL Shine: CoinShares Report The Bitcoin ecosystem has historically struggled with agreeing on protocol changes. This can be seen in the block size debate, which lasted more than three years and led to hard forks. Another example is the failed SegWit2x upgrade, demonstrating how difficult coming to an agreement can be.
Freezing coins, even to prevent quantum attacks, would likely face similar resistance because it conflicts with the OG cryptocurrency’s core philosophy of decentralization and user control.
Ju cautioned that the lack of full agreement could potentially lead to rival BTC forks as quantum technology progresses. According to him, the real question is not whether the threat will arrive in five or ten years, but whether the crypto community will be united on how to handle it before then.
Elsewhere, Bankless co-founder David Hoffman believes that in the event of a quantum attack, ETH would continue functioning normally even if BTC were to fail because it has been long prepared for these challenges.
Tags:
2026-02-18 16:522mo ago
2026-02-18 11:072mo ago
Dogecoin Price at Risk of Losing $0.10 as Volume Drops 7%
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
The Dogecoin (DOGE) price is buckling under the weight of falling crypto market sentiment. In a unique twist, the leading meme coin is currently changing hands for $0.1011, down 2.25% in the past 24 hours, per CoinMarketCap data. With a new wave of sell-off on the altcoin market, the chances that the Dogecoin price will test the weekly low remain high.
Dogecoin price at risk of more sell-off?Sentiment on the altcoin market is highly negative at the moment, as total altcoin volume has fallen by over 50%. Dogecoin is particularly susceptible to a sell-off, as key metrics like daily trading volume have fallen by 7%, a sign of a waning short-term outlook.
Dogecoin has a very rich history of adapting to market trends, exhibiting more volatility in relation to Bitcoin. According to open interest data over the past few months, there is hardly any stability on the DOGE market.
Futures market traders are always switching sides, in line with spot market trends. In early February, Dogecoin open interest jumped by 12% in 24 hours, a move that sent a positive projection to the meme coin’s traders.
Current open interest trend is negative, aligning with the grand bearish outlook of the broader market.
You Might Also Like
Dogecoin ETF not adding momentumWhile the broader crypto market is pushing for a rebound, the potential growth catalysts for Dogecoin are significantly limited. Dogecoin ETF products have not lived up to their potential since their launch, raking in just $6,670,000.
This figure pales in comparison to the XRP ETF that has now bagged a total inflow of $1.23 billion. Notably, with ETF not providing the required liquidity to trigger scarcity, the rebound potential of Dogecoin remains quite limited.
The digital currency might be at risk of short-term price slippage, but support from personalities like Elon Musk remains a major attraction for the coin.
2026-02-18 16:522mo ago
2026-02-18 11:102mo ago
Jane Street Boosts Bitcoin Exposure with $276M IBIT Acquisition
Jane Street Group LLC boosts its Bitcoin exposure with a $276 million investment in BlackRock’s iShares Bitcoin Trust (IBIT). Revealed in a recent 13F filing for the fourth quarter of 2025, the substantial acquisition underscores the resilience of institutional Bitcoin demand despite the weak sentiment and price action.
As a designated market maker for major crypto exchange-traded products, Jane Street plays a critical role in maintaining liquidity within the Bitcoin ETF ecosystem. This accumulation aligns with wider institutional trends, similar to how BlackRock acquires stakes in other ecosystem plays like Bitmine to bolster its product lines.
iShares Bitcoin Trust ETF Jane Street Group Source: Quiverquant
EXPLORE: What is the Next Crypto to Explode in 2026?
Jane Street’s IBIT Position Signals Smart Money Accumulation The filing data indicates that Jane Street utilized market fluctuations in late 2025 to bolster its inventory. While retail sentiment wavered during the quarter, on-chain and ETF data suggests that Bitcoin ETF holders maintained strong conviction, often holding positions through significant price corrections. By adding $276 million to its IBIT holdings, Jane Street effectively doubled down on the asset class at discounted relative valuations.
As an authorized participant for multiple spot Bitcoin ETPs, the firm’s accumulation serves a dual purpose: ensuring sufficient inventory to facilitate the creation and redemption of shares, and maintaining a proprietary directional stance. The scale of this acquisition, amidst a period often characterized by tax-loss harvesting, stands in contrast to competitors who reduced exposure.
For instance, recent reports highlighted how Harvard cut its Bitcoin ETF holdings in favor of an Ethereum rotation, showcasing the divergent strategies among top-tier allocators.
Harvard cut their Bitcoin ETF stake by 21% and added $87M to Ethereum
this is not what institutional adoption looks like
if Harvard understood Bitcoin, they'd be adding now while it's down 45% from highs
not trimming positions
instead they're selling Bitcoin and buying… pic.twitter.com/8wVjWasSr9
— Jackson (@macrojack21) February 17, 2026
DISCOVER: Best Solana Meme Coins By Market Cap 2026
Strategic Positioning for Future Market Cycles Jane Street’s substantial buy order challenges the short-term narrative that ETF outflows signal weakening institutional interest. Instead, it suggests that market makers and sophisticated quant funds view periods of net outflow as liquidity events suitable for accumulation. With approximately 3,000 employees globally and a massive trading footprint, Jane Street’s capital allocation is often viewed as a leading indicator for smart money flows.
Bitcoin’s recent price action looks like a consolidation phase after failed breakout attempts. BTC has repeatedly faced resistance around the $70K–$71K zone, while buyers step in near the mid-$60Ks, creating a clear range. Weak spot volumes and softer ETF flows have slowed momentum, but the broader structure remains intact as long as support holds.
Traders should watch for either a clean break above resistance to restart upside momentum or a drop below the $60K support that could trigger a deeper correction.
As Bitcoin matures into a standard portfolio offering, the line between operational inventory for market making and long-term investment holding is increasingly blurred. This latest 13F disclosure reinforces the belief that top-tier trading firms remain steadfastly committed to the asset class irrespective of short-term price fluctuations.
EXPLORE: 10 New Upcoming Binance Listings to Watch in February 2026
Jane Street Boosts Bitcoin as Institutions Stay Cautious While Bitcoin Hyper Expands the Ecosystem
Bitcoin price remains in a delicate phase as institutional strategies continue to diverge. Jane Street Group LLC boosts its Bitcoin exposure through a large IBIT position, while other allocators, including Harvard, have shifted part of their focus toward Ethereum.
The broader picture points to cautious but consistent accumulation, with investors waiting for confirmation of a sustained uptrend or signs of further downside. Recent price action reflects hesitation rather than clear directional conviction, as support and resistance levels continue to define the market.
At the same time, projects like Bitcoin Hyper are working to improve the broader Bitcoin ecosystem through a Layer-2 solution built around a monitoring-first rollup architecture. The project emphasizes transparency by integrating real-time visibility into network performance, execution flow, and settlement processes from the start.
This approach allows developers, operators, and users to verify network health independently. The Bitcoin Hyper presale lists HYPER at $0.0136758 in this phase, with $31.5 million raised and staking rewards currently around 37%.
Join Bitcoin Hyper community on Telegram and X.
Visit Bitcoin Hyper Here
DISCOVER: How to Buy Bitcoin Hyper – 2026 ICO Guide
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
News
Daniel Frances is a technical writer and Web3 educator specializing in macroeconomics and DeFi mechanics. A crypto native since 2017, Daniel leverages his background in on-chain analytics to author evidence-based reports and deep-dive guides. He holds certifications from The Blockchain Council, and is dedicated to providing "information gain" that cuts through market hype to find real-world blockchain utility.
2026-02-18 16:522mo ago
2026-02-18 11:102mo ago
BitMine Stock Shows Signs of Rebound Amid Ethereum's Recovery
TLDRBMNR Stock: A Bullish Pattern EmergesEthereum’s Recovery Can Drive BitMine Stock HigherGet 3 Free Stock Ebooks BitMine’s stock has fallen from a high of $160 to $20, but a bullish pattern suggests a potential rebound. The falling wedge pattern on the daily chart indicates a strong upward breakout as the stock nears key resistance levels. Ethereum’s recovery, with impressive growth in transactions and active addresses, is a major catalyst for BitMine’s potential price rise. BitMine has benefited from staking and government bond investments, positioning itself as a cash flow machine with no debt. The company’s Ethereum accumulation strategy and venture investments further strengthen its outlook for future growth. BitMine’s (BMNR) stock price has come under pressure in recent months, primarily due to reduced demand for Digital Asset Treasury (DAT) companies and the decline in Ethereum’s price. Ethereum has dropped from its record high of nearly $5,000 to its current value of $1,800. Despite this, there are strong indicators suggesting that BitMine’s stock, currently trading at $20, could experience a rebound in the near future.
BMNR Stock: A Bullish Pattern Emerges BMNR’s stock has shown a strong bearish trend recently, dropping from its record high of $160 in July to the current $20. However, technical analysis of the daily chart reveals a falling wedge pattern, typically signaling a bullish breakout. This pattern consists of two descending trendlines that are converging, and the closer they get, the more likely it is that the stock will make a strong upward move.
Bitmine Immersion Technologies, Inc., BMNR
The Percentage Price Oscillator (PPO) has also shown a bullish crossover, which typically indicates potential upward momentum. Meanwhile, the Relative Strength Index (RSI), which was once in the oversold territory at 25, has moved up to 40 and is nearing the key 50 level. This suggests that BitMine’s stock is in a good position for a rebound, with resistance levels at $35 and $50 offering potential targets.
Ethereum’s Recovery Can Drive BitMine Stock Higher Another catalyst for BitMine’s stock price is the strong fundamentals behind Ethereum. Despite the broader market downturn, Ethereum’s blockchain has seen impressive growth. According to recent data, Ethereum processed over 70 million transactions in the past 30 days, representing an 18% increase. Active Ethereum addresses have also jumped to over 14.6 million, and the network’s transaction fees soared by 100% to $20 million.
Ethereum’s decentralized finance (DeFi) ecosystem has also reached new highs, with the total value locked (TVL) in Ethereum-based DeFi protocols increasing in Ethereum terms. Moreover, Ethereum’s dominance in the stablecoin market has grown, handling over $1 trillion per month. These developments underscore the strength of Ethereum, which could provide a favorable environment for BitMine’s stock recovery.
BitMine continues to accumulate Ethereum and generate substantial income through staking and investments in government bonds. Unlike its competitors, BitMine remains debt-free, which positions it well for long-term growth. With Ethereum showing signs of recovery and BitMine continuing its strategic investments, the stock looks poised for a potential upward movement.
2026-02-18 16:522mo ago
2026-02-18 11:122mo ago
Bitcoin Sinks Against Gold as Precious Metal Taps $5,000 Again
Gold reclaims $5,000 as the Bitcoin-to-gold ratio drops to 13.46. On the other side, BTC's purchasing power is contracting amid the safe-haven narrative.
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Gold has reclaimed the $5,000 per ounce threshold on the TVC chart by TradingView, and this time, the move is not just symbolic. As bullion pushes back into five-handle territory, Bitcoin is slipping in relative terms, with the BTC/XAU ratio drifting lower across intraday and higher time frames.
On Feb. 18, spot gold traded around $5,005, extending a decisive advance that accelerated in the U.S. session. The five-minute chart shows a sequence of higher highs and firm closes above short-term moving averages, while momentum readings remain elevated without clear exhaustion. The technical posture supports continuation, at least while the price holds above the $4,980-$4,990 area.
Bitcoin-to-gold ratio hits weekly lowsThe Bitcoin-to-gold ratio fell toward 13.46, down from levels above 13.9 earlier in the week. That means one Bitcoin now buys fewer ounces of gold than it did just days ago.
HOT Stories
On the daily chart of gold priced in Bitcoin, the structure favors bullion. The price remains above medium- and long-term moving averages, and pullbacks have been contained. Even if Bitcoin holds steady in dollar terms, its purchasing power relative to gold is contracting.
BTC/XAU by TradingViewThis divergence carries narrative weight. Bitcoin has long been framed as a digital alternative to gold, particularly during inflation concerns or geopolitical strain. When bullion strengthens while the BTC/XAU ratio weakens, investors are effectively voting for the traditional hedge.
In the short term, a continuation in gold toward fresh highs would likely push the ratio into the 13.3-13.4 region unless Bitcoin accelerates sharply. A reversal would require either renewed crypto inflows or a cooling in gold’s bid.
Related articles
2026-02-18 16:522mo ago
2026-02-18 11:142mo ago
Arthur Hayes Warns Bitcoin and Nasdaq Divergence Signals Dollar Liquidity Stress
BitMEX co-founder Arthur Hayes has issued a measured warning about the Bitcoin-Nasdaq divergence suggesting imminent stress in dollar liquidity. Hayes argues this divergence, exacerbated by declining institutional flows since the asset’s October 2025 highs, serves as a leading indicator for a broader credit crunch driven by AI-related economic shifts.
The chart above shows the ratio of Bitcoin’s price to the Nasdaq 100 index value. A rising ratio indicates Bitcoin is outperforming the Nasdaq 100 while a falling ratio suggests the opposite.
He describes Bitcoin as the “global fiat liquidity fire alarm,” meaning it tends to react more quickly and sensitively to shifts in fiat credit conditions than traditional equities do.
The current split, he argues, points to tightening dollar liquidity and an impending deflationary credit event.
EXPLORE: What is the Next Crypto to Explode in 2026?
Bitcoin-Nasdaq Divergence: The Correlation Breakdown For much of the post-2020 era, Bitcoin has traded in lockstep with technology equities, serving as a proxy for risk propensity. However, the current separation, where the Nasdaq remains buoyant while Bitcoin trends downward, signals a potential fracture in underlying market mechanics. Hayes posited in his latest essay ironically titled “This Is Fine” that crypto often reacts first to changes in fiat credit conditions.
"This Is Fine" is an essay on why $BTC is predicting an AI-adoption driven financial crisis which will be "solved" with printed monay!https://t.co/sp2NBHWorM pic.twitter.com/RTtEbogYAR
— Arthur Hayes (@CryptoHayes) February 17, 2026
While equities effectively price in forward earnings, crypto is more sensitive to net dollar liquidity, referring to the availability of cash in the banking system versus assets drained by facilities like the Federal Reserve’s reverse repo program. This divergence suggests that while the stock market has not yet priced in credit tightening, the crypto market is already reacting to the removal of monetary cushions.
strong>DISCOVER: Best Solana Meme Coins By Market Cap 2026
What Arthur Hayes’ Liquidity Warning Signals for Bitcoin Institutional Flows The Bitcoin and Nasdaq divergence is stark: Bitcoin has struggled to regain momentum, while big tech remains resilient. Hayes attributes this to early tremors of an AI-driven credit contraction affecting job stability and loan defaults.
Recent flow data appears to substantiate the liquidity thesis. While tech stocks hold value, Bitcoin price drops have tracked with weakening institutional interest, reflecting a risk-off shift among traders. Furthermore, crypto products recorded a net outflow of $1.7 billion recently, validating the narrative that capital is exiting the sector as liquidity tightens.
Despite the short-term negative price action, not all cohorts are capitulating. Analysis indicates that Bitcoin ETF holders have suffered a 44% crash yet maintained “diamond hands”, refusing to sell into the dip. This bifurcation between short-term liquidity flows and long-term holder conviction complicates the bearish signal.
EXPLORE: 10 New Upcoming Binance Listings to Watch in February 2026
Bitcoin Price Outlook: Key Levels to Watch Traders are now eyeing critical technical zones to gauge the validity of Hayes’ bearish liquidity outlook. If the disconnect persists, Bitcoin could face further downside pressure testing the $60,000 support level. A breach below this psychological floor could open the path toward summer lows around $50,000.
Conversely, supply dynamics offer a mixed picture. While Bitcoin exchange reserves have surged in certain venues indicating potential sell-side pressure, the persistent calmness of long-term holders suggests a floor may be near. The outcome likely depends on whether the “AI-driven” credit stress Hayes anticipates materializes in broader banking metrics.
Until correlation allows for a clearer directional bias, a break below current consolidation levels would act as confirmation of the liquidity stress scenario.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
News
Daniel Frances is a technical writer and Web3 educator specializing in macroeconomics and DeFi mechanics. A crypto native since 2017, Daniel leverages his background in on-chain analytics to author evidence-based reports and deep-dive guides. He holds certifications from The Blockchain Council, and is dedicated to providing "information gain" that cuts through market hype to find real-world blockchain utility.
2026-02-18 16:522mo ago
2026-02-18 11:142mo ago
The metrics that matter for XRP network health and how to read them without counting noise
XRP network health scorecard: wallets, trustlines, DEX volume, uptimeKey takeawaysRipple and Aviva Investors said Feb. 11 they intend to tokenize traditional fund structures onto the XRP Ledger “over 2026 and beyond.”Messari’s State of XRP Ledger Q4 2025 reported 425,400 total new addresses in Q4 2025 (down 4.9% QoQ) and average daily active addresses of about 49,000, alongside 1.83 million average daily transactions.XRPL’s consensus model centers on validator trust lists, and the network’s standard quorum requires 80% of trusted validators, meaning availability is part of any “payments rail” narrative.A “network health” view in 2026 needs explicit separation between payments, market activity (DEX throughput), and infrastructure health, especially when sources revise on-chain definitions over time.Who this is forLong-term XRP holders tracking real usage rather than price-only narrativesSwing traders monitoring on-chain participation and DEX throughput regimesInstitutional and treasury readers evaluating tokenization rails and operational risk (see CryptoSlate coverage of XRPL tokenization activity)What to watch this quarterWhether address formation keeps expanding alongside trustline activity, rather than diverging (internal reading: XRP wallet cohorts and on-chain participation)Whether DEX throughput stays elevated beyond event windows, and whether AMM activity holds up versus the native order book (context: DEX volume vs. venue structure)Validator availability assumptions tied to XRPL’s 80% quorum requirement (context: XRPL validation halts and outage risk)Pipeline milestones from the Aviva-Ripple tokenization effort, framed as delivery steps rather than live volume (context: tokenization market snapshot)What counts as XRPL usage (and what doesn’t)XRPL’s “usage” claims often compress different behaviors into one line, even though the ledger’s health spans payments, exchange activity, and validator operations.
At the protocol level, XRPL relies on a Unique Node List, defined as “a server’s list of validators that it trusts not to collude.”
That trust surface ties directly to uptime risk.
XRPL documentation says the standard quorum requirement is 80% of trusted validators, and if more than 20% go offline, servers stop validating new ledgers.
For 2026 monitoring, validator liveness belongs in the same dashboard as wallets and exchange activity. Throughput without availability can fail the “rail” test when validation halts occur.
Payment volume vs. transactions, the metric that prevents bad conclusionsA network health view needs two separate payment measures: payment count and payment value. Transaction counts can move in ways that do not reflect economic settlement.
In Messari’s Q4 2025 report, payment-type transactions declined 8.1% QoQ to 909,000 in Q4 2025.
Active accounts and new accounts, adoption proxies (not users)Messari reported 425,400 total new addresses on XRPL in Q4 2025. Wallet creation can be a capacity gauge. It is not a clean user count because entities can control many addresses, and automation can inflate account creation without broad participation.
Trustlines remain a second proxy for whether the asset graph is widening, but “trustlines outstanding” is not presented as a headline quarterly total.
Instead, the report provides a clean, comparable proxy for trustline activity: TrustSet transactions (the transaction type used to open/close trust lines) represented 0.7% of Q4 2025 transaction count share.
A practical 2026 read is to watch whether address formation and trustline-setting activity trend together across multiple quarters.
A split, such as addresses up while trustline-setting activity fades, can imply address formation without deeper asset connectivity.
DEX throughput and trustlines, interpreting on-chain market activityXRPL’s DEX activity is a clean example of why dashboards must label metrics precisely.
Messari’s Q4 2025 report separates the native order book (CLOB) from AMM activity. Average daily CLOB volume of fungible issued currencies decreased 10.1% QoQ from $7.9 million to $7.1 million.
Average daily AMM volume decreased 24.9% QoQ, falling from $1.7 million in Q3 to $1.3 million in Q4. The series measures throughput rather than liquidity. Volume can surge without durable depth, and depth metrics require order-book or AMM-reserve measures.
For forward monitoring, two scenarios matter more than a single-quarter move.
Persistence case: AMM and CLOB activity remain durable and trustline-setting activity holds up, aligning throughput with a wider on-ledger asset network.Reversion case: DEX throughput mean-reverts toward prior-quarter levels, reframing spikes as event-driven rather than structural.Whale concentration, when distribution matters more than growthA network health dashboard also needs a concentration lens. That is true even when it cannot yet publish a complete concentration table from stable sources.
CryptoSlate Daily Brief
Daily signals, zero noise.Market-moving headlines and context delivered every morning in one tight read.
5-minute digest 100k+ readers
Free. No spam. Unsubscribe any time.
You’re subscribed. Welcome aboard.
Concentration can matter in three places that affect interpretation: XRP holdings across top accounts, DEX activity concentration across pairs or takers, and wallet creation that clusters around exchange or programmatic patterns.
The correct 2026 stance is methodological: treat concentration as an interpretation module that gets activated once a source with stable definitions is added, and avoid numeric claims in the interim.
Metrics dashboard template for 2026, plus chart calloutsTwo institutional markers now frame the near-term narrative. On-chain metrics serve as the scorecard.
Ripple and Aviva Investors said their partnership reflects an intention to tokenize fund structures on XRPL, with work planned “over 2026 and beyond.”
That makes delivery milestones the relevant unit of measurement rather than immediate issuance volume.
Canary’s XRP fund launched in November 2025. For context, see CryptoSlate’s XRPC launch-day trading coverage.
Macro runway context sets expectations for what “adoption” could mean.
McKinsey sized tokenized assets at about $2 trillion by 2030 in its base case, with a $1 trillion–$4 trillion scenario range, which excludes cryptocurrencies and stablecoins.
A separate Ripple and BCG forecast projected $18.9 trillion by 2033, listing barriers including fragmented infrastructure and uneven regulatory progress.
Payments modernization also runs on multi-year timelines. The BIS said the CPMI will maintain harmonized ISO 20022 data requirements until end-2027.
XRPL network health dashboard (starter table)ModuleMetricLatest baselineWhy it matters in 2026SourceInfrastructure healthConsensus trust surface (UNL)Default UNL lists published by XRPL Foundation and RippleDefines validator trust assumptions behind “rail” narrativesXRPL UNL docsInfrastructure healthLiveness threshold80% quorum; >20% trusted validators offline can halt validationAvailability budget for production usageXRPL Negative UNL docsAdoption proxiesNew addresses (wallet formation proxy)Q4 2025: 425,400Address formation rate, not user countMessari Q4 2025Adoption proxiesTrustline-setting activityQ4 2025: TrustSet = 0.7% of transaction count shareProxy for asset-graph expansion when trustlines-outstanding totals aren’t providedMessari Q4 2025Market activityDEX throughput (CLOB vs AMM)Q4 2025 avg daily: CLOB $7.1M; AMM $1.3MThroughput regime, separated by venue primitiveMessari Q4 2025Payments (kept separate)Payment transaction countQ4 2025: 909,000Needed to distinguish payments from exchange activityMessari Q4 2025Payments (kept separate)Payment value–Primary adoption KPI for a payments thesisMethod noteXRP monitoring routineAction checklist, a quarterly routine
Log one infrastructure assumption alongside usage metrics, anchored to XRPL’s 80% quorum rule and offline threshold.Track addresses and trustline-setting activity together, and treat single-quarter moves as incomplete without follow-through.Treat DEX volume as a regime indicator, then test persistence by comparing against prior quarters and CLOB vs AMM activity.Write ETF references with both the inception date and announcement publication date when using XRPC as an access proxy.Keep macro expectations bounded by scenario ranges, then measure share capture with on-chain proxies, using McKinsey’s $1 trillion–$4 trillion 2030 range as a planning envelope.Mentioned in this articlePosted in
2026-02-18 16:522mo ago
2026-02-18 11:152mo ago
Bitcoin trades below $70K as profit metric debated
Whale Alert founder claim is unverified at this timeNo primary source confirms that the Whale Alert founder said “BTC potential profit level drops to late 2023, nearing the turning point of a three-year profit cycle.” The wording remains unverified and should be treated as an interpretation rather than an on‑record statement.
According to Whale Alert analytics, the platform publishes portfolio-wide profitability gauges such as “Potential Profit” and “Realized Profit.” These are descriptive, backward-looking measures of on‑chain cost basis versus current market price, not market‑timing signals.
What Whale Alert potential profit means and why it matters“Potential profit” estimates unrealized gains embedded across tracked Bitcoin wallets if coins were sold at current prices. It differs from “realized profit,” which reflects profits actually captured on-chain at the time of spending.
When potential profit declines, it can imply thinner cushions for profit‑taking and, at the margin, less mechanical sell pressure. However, it is one input among many, and its readings should be contextualized with liquidity, flows, and macro conditions.
BingX: a trusted exchange delivering real advantages for traders at every level.
Price action remains compressed below the $70,000 threshold, with narrowing ranges suggesting indecision around near‑term direction, according to news/cointelegraph:8bd29e788094b:0-macro-headwinds-test-bitcoin-price-as-70k-crumbles-amid-us-market-volatility/” target=”_blank” rel=”nofollow noopener”>Cointelegraph via TradingView News. In compression phases, liquidity tends to pool near obvious levels, increasing the importance of how price behaves around them.
The report frames the near‑term risk if buyers fail to reclaim momentum: “data suggests that the risk of new year-to-date lows remains if bulls fail to turn,” said Cointelegraph via TradingView News. This risk language is conditional and highlights setup dynamics rather than a forecast.
At the time of this writing, Bitcoin traded below $70,000, consistent with a compressed range that can reset positioning before a directional move. In such states, order flow and liquidity pockets often drive outsized intraday swings.
Analysts say Metaplanet’s bitcoin-linked income business is becoming critical to funding expansion while avoiding forced BTC sales, as reported by The Block. The linkage between operating income and treasury management is central when asset sales could be value‑destructive during volatility.
How Metaplanet funds expansion while avoiding forced BTC salesBitcoin‑linked income can provide fiat liquidity to cover operating costs, interest, or growth investments, reducing the need to liquidate treasury BTC during drawdowns. This approach can smooth cash cycles and preserve strategic BTC holdings.
What this could signal for corporate BTC treasury strategiesCorporates exploring BTC treasuries may prioritize revenue models that generate BTC‑linked or BTC‑sensitive cash flows to mitigate drawdown risk. Such alignment can reduce forced‑sale scenarios but depends on business model resilience and volatility tolerance.
FAQ about Whale Alert potential profitWhat is Whale Alert’s ‘potential profit’ metric and how is it calculated?An estimate of aggregate unrealized gains across tracked wallets versus current price. It compares on‑chain cost bases to spot levels and is descriptive, not predictive.
Are we nearing a three-year Bitcoin cycle turning point, and what on-chain or macro data supports that?There is no verified “three-year cycle” call here. Current context shows sub‑$70,000 compression and conditional risks; broader confirmation would need multiple, independent datasets.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Rate this post
2026-02-18 16:522mo ago
2026-02-18 11:152mo ago
Steak 'n Shake Links Dramatic Sales Surge to Bitcoin Adoption
Steak 'n Shake says same-store sales have climbed sharply since it began accepting bitcoin nine months ago. The company now holds about 161 BTC in a corporate reserve and is using part of it to fund employee bonuses.
2026-02-18 16:522mo ago
2026-02-18 11:212mo ago
SOL USD Reclaims $80 as Network Transaction Activity Hits Record High
SOL $82.21 24h volatility: 2.8% Market cap: $46.98 B Vol. 24h: $3.45 B successfully claimed the critical $80 support level on Tuesday, trading now around $82 as network fundamentals surged to unprecedented levels. The SOL USD price recovery coincides with a historic spike in on-chain engagement, where daily non-vote transactions recently peaked at a record 148 million. A non-vote transaction involves transferring Solana to the network and collecting it into blocks.
The parallel rise suggests that genuine network utility, rather than just speculative trading, may be establishing a solid floor for the asset.
Transactions on the Solana Network (Daily, 7DMA) Source: The Block
EXPLORE: What is the Next Crypto to Explode in 2026?
What’s Driving the Transaction Surge? Data indicates that Solana’s network is undergoing a massive stress test, validating its high-throughput design. The network exceeded 116 billion total transactions over the last year, with daily non-vote transactions hitting 148 million in late January. This volume represents a significant divergence from previous cycles.
What is fueling this intense volume? While memecoins continue to contribute to network traffic, there is a distinct shift toward sustainable finance. As Solana moves beyond its meme coin phase, decentralized exchange (DEX) volumes have rivaled Ethereum’s, driven by sub-cent fees and faster finality. Furthermore, the rise in real-world asset (RWA) tokenization hitting record values suggests that institutional adoption and stablecoin settlements are playing a larger role in these on-chain metrics than in previous years.
Solana Metrics Source: RWAs
EXPLORE: 10 New Upcoming Binance Listings to Watch in February 2026
SOL USD Price Analysis: Technical Levels to Watch Solana is currently changing hands at $87.16, marking a 1.65% increase over the last 24 hours. The primary focus for traders has been defending the $80 mark, a level that previously served as a strong demand zone. Market analysts note that holding this region is vital for preventing a slide toward lower liquidity zones. While the asset has formed a logical base here, it still faces resistance overhead.
Some price predictions suggest the dip below $100 may have been a final capitulation event, but bulls must reclaim the psychological three-digit barrier to confirm a definitive trend reversal. Conversely, a failure to hold $80 could expose the asset to deeper downside, as broader crypto market sentiment remains fragile.
DISCOVER: Best Solana Meme Coins By Market Cap 2026
Can Network Growth Sustain SOL’s Recovery? The divergence between high network usage and suppressed price action often precedes a valuation realignment. Institutional confidence appears to be returning alongside retail activity; for instance, key ecosystem player Jupiter recently announced a major investment deal to further settle in JupUSD, highlighting the capital flowing into Solana’s infrastructure despite price volatility.
However, risks remain. On-chain analytics from Nansen suggest that while user adoption is real, evidenced by active addresses doubling recently, maintaining this momentum requires the fee market to stabilize against potential congestion. Can the fundamentals finally force a decoupling from broader market corrections? The coming weeks will likely determine if record-breaking usage can translate into sustained price appreciation.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
News
Daniel Frances is a technical writer and Web3 educator specializing in macroeconomics and DeFi mechanics. A crypto native since 2017, Daniel leverages his background in on-chain analytics to author evidence-based reports and deep-dive guides. He holds certifications from The Blockchain Council, and is dedicated to providing "information gain" that cuts through market hype to find real-world blockchain utility.
2026-02-18 16:522mo ago
2026-02-18 11:222mo ago
Goldman Sachs' David Solomon says he owns 'very little' bitcoin but watching it closely
Goldman Sachs' David Solomon says he owns 'very little' bitcoin but watching it closely“I’m an observer of bitcoin,” Solomon said at the World Liberty Forum on Wednesday, saying he's still trying to understand how it moves. Feb 18, 2026, 4:22 p.m.
PALM BEACH, Fla. — Goldman Sachs CEO David Solomon said he owns "very little, but some" bitcoin, although he continues to follow the asset closely as part of a broader interest in how technology is reshaping finance.
“I’m an observer of bitcoin,” Solomon said at the World Liberty Forum on Wednesday, saying he's still trying to understand how it moves.
STORY CONTINUES BELOW
While Goldman Sachs has taken a cautious approach to digital assets, the firm’s leadership sees crypto as part of a longer-term shift in financial infrastructure, Solomon noted.
He dismissed the idea that traditional banks and crypto firms are locked in a zero-sum fight. “It’s one system, it’s our system,” he said. “We have to do it the right way … and there’s going to be disagreements and that’s OK.”
Solomon said the evolution of markets is being shaped by large-scale technology platforms, and tokenization will play a central role.
“The evolution of those platforms … there’s obvious impact,” he said. “Tokenization ... that I think is super important.”
While other banking giants such as JPMorgan and Morgan Stanley have pushed deeper into the digital asset space, Goldman Sachs' involvement has been limited so far. The main reason, according to Solomon, is regulation.
“Until 10 minutes ago, the regulatory structure was extremely prohibitive,” he jokingly said, but suggested that as regulators begin providing greater latitude for companies to get "more involved" in the sector, Goldman may take another look.
Read more: Goldman Sachs sees regulation driving next wave of institutional crypto adoption
'Got to get it right'Solomon criticized the economic effects of overregulation.
“When you burden this system with excessive regulation, you start to extract capital,” he said. “That absolutely happened in the last five years.”
He emphasized getting the approach right. “It’s got to be done thoughtfully, and we’ve got to get it right.”
Solomon previously said that the banking giant is ramping up its research and internal discussions around crypto-adjacent technologies, including tokenization and prediction markets.
Read more: Goldman is 'spending a lot of time' on crypto, prediction markets efforts, CEO Solomon says
More For You
Bitcoin's plunge signals coming AI crisis, but massive Fed response will drive new record high: Arthur Hayes
1 hour ago
The rise of artificial intelligence is likely to displace millions of workers in quick order, triggering sizable credit defaults, said Hayes.
What to know:
Bitcoin's recent crash is signaling a coming massive AI-related credit event, wrote Arthur Hayes.The Fed's response to the coming financial crisis is likely to restart the crypto bull market.That doesn't mean there won't be more pain ahead for bitcoin bulls, as political division could delay central bank action.
2026-02-18 16:522mo ago
2026-02-18 11:232mo ago
Bitcoin Price at $67K: Is the Next Leg Down About to Start? – BTC TA February 18, 2026
Bitcoin is very close to falling down again. The price is right at the edge of a triangle and could be about to fall back to $60,000. Will Bitcoin make the drop? How far could it fall?
$BTC about to drop out of triangle?
Source: TradingView
The 4-hour chart for $BTC reveals a fairly precarious situation. The price is falling underneath the bottom trendline of a triangle, and although there is still time for the bulls to push the price back up, it isn’t currently looking good.
If the drop happens, the next support level is at $65,500, although the measured move out of the triangle could take the price below $60,000. There just does not seem to be any stamina where the bulls are concerned when it comes to pushing the price back up.
Extremely negative setup
Source: TradingView
The daily chart reveals that not all is lost yet. However, if the chart were turned upside down, we would be looking at a very bullish bull pennant. There wouldn’t be many who would be calling for that particular setup to breakdown. Therefore, as a bear pennant, a breakdown does look extremely likely.
Factor in that the $BTC price has recently lost major horizontal support, and the Stochastic RSI in the daily time frame is turning down, you have what looks like a recipe for more downside.
Huge tail to the downside provides some hope
Source: TradingView
In the higher time frame of the weekly, the tail down to $60,000 can still give the bulls some hope. This was quite some bottoming tail and in normal conditions a bounce back to the upside could probably be expected more often than not. Nevertheless, in the current environment back-filling the long tail down looks like a reasonably valid option.
Given that $53,000 is the full measured move out of the bear flag (in purple), this could be a possible target. That said, who knows when this will turn. A candle close back above $69,000 at the end of this week could turn the whole bearish mood around, but is this likely to happen?
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
2026-02-18 16:522mo ago
2026-02-18 11:232mo ago
Bitwise CIO Points to DeFi for Market Recovery While Saylor Signals Bitcoin Upswing
The CIO of Bitwise Asset Management, Matt Hougan, said the DeFi sector could play a central role in emerging from the bear market in 2026. Hougan noted that DeFi tokens were designed as governance tokens without revenue rights, in response to the regulatory framework applied by the SEC. Michael Saylor, Executive Chairman of Strategy, stated that the market is going through a “crypto winter” and that the current cycle would be milder and shorter than previous ones. The CIO of Bitwise Asset Management, Matt Hougan, said the decentralized finance (DeFi) sector could lead the way out of the crypto bear market in 2026. In a memo to clients, he noted that bear markets often overshadow meaningful progress and that several decentralized protocols are posting consistent operational metrics.
Hougan pointed out that Uniswap records trading volume on its decentralized exchange that frequently exceeds that of Coinbase. He also highlighted that Aave generates more than $100 million in annual revenue. According to the executive, these platforms operate as businesses with active users and revenue generation.
DeFi Market Obstacles and Potential Solutions The executive argued that one of the main challenges facing DeFi tokens has been the design of their tokenomics. Many were structured as governance tokens without direct rights to protocol revenue. That architecture reflected the regulatory environment in place at the time of their launch, when the U.S. Securities and Exchange Commission applied the Howey test to determine whether an asset qualified as a security.
In that context, Hougan referenced the “Aave Will Win” proposal introduced by Aave Labs. The plan calls for 100% of revenue from Aave-branded products—including the website, a mobile app, the Aave Card, and institutional services—to be directed to the DAO treasury controlled by DeFi token holders. In exchange, Aave Labs would receive $25 million in stablecoins, 75,000 AAVE tokens, and up to $17.5 million in milestone-based grants, in a package totaling nearly $50 million. The initiative includes the development of Aave V4 and the transfer of intellectual property to the DAO, while a new foundation would oversee the brand.
A Shorter, Milder Crypto Winter The executive also pointed to recent investments by BlackRock in DeFi protocol tokens such as Uniswap and by Apollo Global Management in Morpho.
In addition, Michael Saylor, co-founder and Executive Chairman of Strategy, stated that the market is experiencing a “crypto winter.” Saylor said the current cycle would be milder and shorter than previous ones and cited stronger banking system support, capital inflows, and technological advances as factors shaping the current environment
2026-02-18 16:522mo ago
2026-02-18 11:272mo ago
CryptoQuant CEO Says 6.89M BTC Could Face Quantum Risk
CryptoQuant CEO estimates 6.89 million BTC could face quantum exposure risk. Around 1 million BTC linked to Satoshi remain dormant and potentially vulnerable. Community consensus may determine Bitcoin’s response to future quantum computing threats. CryptoQuant CEO Says 6.89M BTC Could Face Quantum Risk CryptoQuant CEO Ki Young Ju said up to 6.89 million Bitcoin could face exposure if quantum computing breaks current encryption. He stated that the risk is not near term but large enough to warrant discussion. His remarks focused on older Bitcoin addresses where public keys remain visible on-chain.
Ju said the total includes about 1 million BTC linked to Satoshi Nakamoto. These coins have not moved for years. He noted that long-dormant holdings could draw attention if quantum systems reach a level that can break elliptic curve cryptography.
Legacy Addresses and Exposed Keys Ju said around 1.91 million BTC sit in legacy Pay-to-Public-Key addresses. In these addresses, public keys are permanently recorded on the blockchain. If a quantum computer derives the private key, it could authorize transactions without consent.
He added that as much as 4.98 million BTC may have exposed public keys due to past transactions. Once a public key appears on-chain, the exposure remains. He also noted that about 3.4 million BTC have been inactive for at least a decade.
Governance Challenges in a Quantum Scenario Ju described the Bitcoin quantum threat as a choice between upgrading the protocol or leaving exposed coins at risk. He said users with funds in older formats would face similar conditions.
He referred to past disputes such as the block size debate and SegWit2x. Those events showed that technical proposals require broad agreement. Ju wrote, “Technical fixes move fast. Social consensus does not.”
Community Consensus as the Main Factor Ju said developers can design solutions, but community approval determines adoption. He questioned whether users would support freezing inactive coins, including those linked to Satoshi, to protect the network.
Investor Kevin O’Leary has said some institutions may cap crypto exposure until quantum risks are addressed. Analyst VonMises wrote that the threat appears long term and could allow time for infrastructure updates.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Rate this post
2026-02-18 16:522mo ago
2026-02-18 11:302mo ago
What Happens If XRP Is Building Its Final Base At These Levels?
XRP’s weekly structure is drawing increased scrutiny as price consolidates within a historically sensitive range. Rather than signaling an end, a prominent XRP enthusiast suggests this phase could be laying the groundwork for a major structural pivot. Understanding this setup is key to seeing how historical consolidation phases define XRP’s expansion framework.
Historical Consolidation Phases Define XRP’s Expansion Framework In a recent assessment posted on X (formerly Twitter), XRP market commentator @Austin_XRPL highlighted the asset’s historical price behavior as evidence of a recurring structural process. According to a chart he posted, each major appreciation cycle was consistently preceded by prolonged consolidation, during which price carefully built acceptance before advancing.
He points to the $0.15–$0.30 range as the earliest modern base, where XRP spent roughly two years forming foundational support before moving higher. Similar behavior occurred between $0.30–$0.50, establishing another two-year launch platform that allowed accumulation to occur efficiently. As price climbed, consolidation periods shortened but remained critical: $0.50–$0.75 saw about 18 months of structured interaction, followed by nearly a year of basing between $0.75–$1.30. Even the upper macro region of $1.80–$3.40, often interpreted through a distribution lens, recorded more than a year of sustained trading and accumulation.
Source: Chart from Austin on X Austin’s framework emphasizes that expansions only follow extended structural preparation and disciplined accumulation. If XRP is now building a “final base” at current levels, the implication is clear: adequate consolidation could lay the necessary groundwork for the next significant and potentially long-term markup phase.
Building The Final Base: $1.30–$1.80 In Focus Austin identifies the $1.30 to $1.80 range as the only major zone on XRP’s macro chart that never formed a proper base. His chart shows the price moved through this corridor rapidly during prior rallies, leaving minimal consolidation.
He classifies the area as an inefficient range, where price advances without establishing durable support. Structurally, markets often revisit such zones to stabilize liquidity and build balance where trading activity was previously thin. Recent weekly price action shows XRP transacting within this corridor rather than rejecting it. Austin interprets this as structural repair, describing the behavior as gap-filling — price rotating inside the range to establish acceptance.
If this process continues, he views it as a base formation. Converting this historically underdeveloped corridor into support would close what he considers the final structural gap on the macro chart, leaving all lower zones with established consolidation histories. The implication is reduced resistance above. Because XRP spent limited time consolidating beyond this band in prior cycles, overhead supply may be thinner once expansion begins.
Within this framework, completing a base here signals late-stage preparation. With the inefficiency resolved and support established, XRP would be structurally positioned to transition from consolidation into expansion, with any breakout reflecting completed market structure rather than sentiment-driven momentum.
XRP trading at $1.49 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured Image from Peakpx, chart from Tradingview.com
2026-02-18 16:522mo ago
2026-02-18 11:312mo ago
Crypto Analyst Ted Pillows Points Out Breaking Zone for BTC Upside
Ted Pillows, a crypto analyst, has noted a breaking zone for BTC upside. Bitcoin tokens are down by 0.1% over the last 24 hours. BTC is expected to surge. Ted Pillows, a notable crypto analyst, has pointed out a breaking zone for BTC upside. His statement comes almost at the same time when another crypto analyst called Bitcoin tokens attractive. Meanwhile, the flagship token is attempting a recovery amid the recent geopolitical and rate cut uncertainty.
Ted Pillows on BTC Upside Ted Pillows has published a post on X, highlighting that BTC is still consolidating around $68k with ETFs selling to possibly stop a potential rally in the ecosystem. The crypto analyst has then pointed out that the cryptocurrency needs to break above the zone of $70,000 or $71,000 for a strong upside.
He earlier pointed out the decent spot bids for BTC between $60,000 and $65,000 on Coinbase and Binance.
BTC is currently listed at $67,744.65, down by 0.1% over the last 24 hours. However, it has surged by 1.7% in the last 7 days. Bitcoin tokens are now testing $66,433 and $64,017 as support levels, along with $68,849 and $71,265 as resistance levels. This is amid a very high volatility of 11.97% when the article is being drafted.
Another Crypto Analyst on Bitcoin Tokens Lucky, another crypto analyst on X, has shared his opinion about BTC. Also known as LLuciano_BTC, he has called Bitcoin tokens attractive, basing this on the fact that there will only be 21 million coins forever. He has further strengthened his tag for the token by highlighting that approximately 67% of the supply is held by individuals, or regular people, and not big institutions.
As of December 31, 2025, and as highlighted by him, businesses hold roughly 6.9% of the supply, which comes to 1.45 million. Funds & ETFs hold a slightly higher number, which is 1.49 million. This translates to around 7.1% of the supply.
BTC Attempting Recovery The ongoing geopolitical and rate cut uncertainties have strained the global crypto market. BTC has felt the heat, considering it has shed 27.1% of its value in just 30 days. But the token is now attempting to recover and is projected to surge by 13.35% in the next 1 month. This could take its value to around $76,805.
BTC price prediction, however, expects recovery as the value could stand at approximately $71,018, still up by around 4.81% from the current value. The US Federal Reserve is expected to cut rates next in June 2026, while US-Iran talks and Russia-Ukraine discussions look to find a resting place.
Highlighted Crypto News Today:
Thiel and Founders Fund Exit Ethereum Treasury Firm ETHZilla
Curious by nature, Ankur's core topic is Web3, but he's a versatile writer who can cover many more subjects. If you catch up with him in his free time, you'll find discussions often center around different movies and TV series. He's an easy person to talk to—you can literally chat with him about anything.
2026-02-18 16:522mo ago
2026-02-18 11:352mo ago
Bitcoin volatile, but flat, while crypto stocks bounce amid cooling AI fears
Bitcoin volatile, but flat, while crypto stocks bounce amid cooling AI fearsCoinbase, Circle, Galaxy, IREN and Riot led the early morning rebound among crypto-related stocks as the battered software sector found some relief. Feb 18, 2026, 4:35 p.m.
Bitcoin BTC$67,259.13 can't seem to pick a direction, wildly swinging in the early hours of the Wednesday U.S. session with dips quickly bought and bounces erased just as fast.
Losing its overnight push above $68,500, BTC dumped below $67,000 at the start of U.S. trading. Buyers quickly stepped in, driving a sharp rebound to $68,300, but the bounce proved fleeting with prices quickly falling back to $67,000. Ether (ETH) followed a similar path, dipping back below $2,000 and down roughly 1% over the past 24 hours.
STORY CONTINUES BELOW
Part of the crosscurrents came from traditional markets. On one hand, a steadier tone in risk assets came as concerns around artificial intelligence disruption in the tech sector cooled. The iShares Expanded Tech-Software ETF (IGV), a proxy for the software sector that had been under pressure over the past weeks, bounced 1.9% in morning trading, suggesting some relief.
The broader Nasdaq was higher by 1.3% and the S&P 500 by 0.85%>
On the other hand, geopolitical jitters are back as traders increasingly brace for potential escalation between the U.S. and Iran. Traders on the prediction market Polymarket now assign more than 50% odds that the U.S. will launch strikes against Iran before March 15, up from about 30% just a day ago.
Gold climbed 2.5% to reclaim the $5,000 level, while silver surged 6%. U.S. crude oil jumped more than 3% to above $64 a barrel, underscoring heightened supply risks.
Despite the choppy crypto price action, crypto-related equities were bouncing. Exchange giant Coinbase (COIN), stablecoin issuer Circle (CRCL) and digital asset investment firm Galaxy (GLXY) were all 3%-5% higher.
Miners and AI-linked data center plays such as Riot Platforms (RIOT) and IREN (IREN) outperformed further, with each posting gains of 5.5%.
More For You
Goldman Sachs' David Solomon says he owns 'very little' bitcoin but watching it closely
20 minutes ago
“I’m an observer of bitcoin,” Solomon said at the World Liberty Forum on Wednesday, saying he's still trying to understand how it moves.
What to know:
Goldman Sachs CEO David Solomon said he owns only a small amount of bitcoin but is closely watching the cryptocurrency as part of a broader shift in financial technology.Solomon argued that traditional finance and crypto are part of a single evolving system, with tokenization poised to play a central role in future market infrastructure.He said Goldman’s limited crypto involvement has been driven largely by what he called prohibitive regulation, warning that excessive rules can drain capital from the financial system even as he urged a thoughtful approach.
2026-02-18 16:522mo ago
2026-02-18 11:392mo ago
Altcoin Volumes Plunge 50% on Binance as Investors Rotate Capital Back to Bitcoin
TLDR: Bitcoin’s share of Binance trading volume climbed to 36.8% on February 7, surpassing both altcoins and Ethereum. Altcoin volumes fell from 59.2% in November to 33.6% by February 13, marking a near 50% contraction in activity. Bitcoin is consolidating between $65,000 and $72,000, drawing interest from whales, institutions, and long-term holders. This capital rotation pattern has repeated across prior corrections in April 2025, August 2024, and October 2022. Altcoin volumes on Binance have contracted by nearly 50% as capital shifts back toward Bitcoin. Bitcoin is currently consolidating between $65,000 and $72,000 following a sharp correction.
Whales, long-term holders, and institutional investors are notably active within this range. Binance, consistently among the highest-volume exchanges globally, serves as a reliable benchmark for tracking these capital rotation trends.
This pattern reflects a well-known behavioral shift among investors during market stress.
Bitcoin’s Share of Binance Volume Climbs Sharply As Bitcoin moved back above $60,000, a clear change in volume distribution emerged on Binance. On February 7, Bitcoin trading volumes accounted for 36.8% of total exchange activity.
That dominance has held steady through the following days. Meanwhile, altcoins represented 35.3% and Ethereum made up 27.8% of total volume.
Crypto analyst Darkfost noted this shift, posting on X that altcoin volumes had shrunk by 50% as capital rotated back to Bitcoin.
The data shows Bitcoin absorbing a growing share of trader attention during this correction phase. This rotation is not unusual during periods of market uncertainty. Historically, BTC tends to attract capital when confidence in smaller assets weakens.
📉 Altcoin volumes shrink by 50% as capital rotates back to Bitcoin.
After undergoing a sharp correction, Bitcoin is now consolidating within a range between $72 000 and $65 000, a zone where significant activity from whales, long term holders, and even institutional investors… pic.twitter.com/ifXzgpRx8a
— Darkfost (@Darkfost_Coc) February 18, 2026
The consolidation range between $65,000 and $72,000 has drawn notable participation from large investors. Long-term holders appear to be accumulating rather than selling within this zone.
Institutional interest also remains visible at these levels. Together, these groups are helping to stabilize price action during the corrective period.
Bitcoin’s growing volume share strengthens its role as the market’s primary benchmark asset. During uncertain conditions, traders tend to park capital in BTC rather than risk exposure to altcoins.
This behavior is consistent with what has been observed across multiple market cycles. It reinforces Bitcoin’s position as a capital preservation vehicle within the crypto ecosystem.
Altcoin Volumes Reflect a Familiar Corrective Pattern Altcoin volumes have taken the heaviest hit during this market correction phase. In November, altcoins accounted for 59.2% of total Binance trading volumes.
By February 13, that share had fallen to just 33.6%. That represents nearly a 50% contraction in altcoin trading activity over a matter of weeks.
This same pattern appeared during the correction in April 2025 and again in August 2024. It was also observed in October 2022, near the tail end of the previous bear market.
Each time, altcoin volumes declined sharply as Bitcoin absorbed a larger share of market activity. The consistency of this trend across cycles makes it a useful indicator for gauging market sentiment.
Ethereum’s share came in at 27.8%, placing it between Bitcoin and the broader altcoin category. ETH held relatively better than smaller altcoins during this rotation period.
However, it still lost ground compared to Bitcoin’s rising volume share. This further shows how capital tends to concentrate around the leading asset during corrections.
Tracking volume distribution on Binance provides a clearer picture of how traders reposition during downturns. Bitcoin’s rising share during stress periods points to its continued role as the anchor of the crypto market.
Altcoin volumes often serve as a sentiment gauge, falling when risk appetite weakens. Analysts continue to watch these metrics closely as the market seeks its next directional move.
2026-02-18 16:522mo ago
2026-02-18 11:402mo ago
Shiba Inu Price Outlook: Analyst Sees 1,606% Rally if 2021 Pattern Repeats
Shiba Inu analyst cites 2021 pattern, sees potential 1,606% rally to $0.0001114 after months of sustained selling pressure.
Newton Gitonga2 min read
18 February 2026, 04:40 PM
Shiba Inu has endured a prolonged downturn, yet some analysts argue the setup resembles a past breakout phase. After months of red closes, attention has shifted to whether the token’s structure mirrors its 2021 recovery. Market participants now weigh historical precedent against ongoing selling pressure. The debate centers on whether SHIB can repeat its explosive rally from four years ago.
2021 Comparison Fuels Fresh Shiba Inu Price PredictionAccording to analyst MasterAnanda, Shiba Inu’s current structure reflects its 2021 consolidation period. He stated that extended weakness often precedes sharp reversals in volatile crypto assets. SHIB recently closed several consecutive months in the red. During this stretch, the token fell to multi-year lows and printed its lowest price on Coinbase.
MasterAnanda referenced similar price behavior from early 2021. At that time, SHIB traded sideways before momentum shifted rapidly. Between September and October 2021, the token surged 1,332% in six weekly candles. That rally unfolded in roughly 42 days.
He noted that the floor price in early September 2021 marked SHIB’s lowest level on Coinbase, not its global all-time low. After reaching that point, the price accelerated to unprecedented levels. He now argues that a comparable pattern may be forming.
In early February this year, SHIB dropped to $0.00000507, creating what he described as another potential floor. While he acknowledged that no two cycles match perfectly, he maintained that similar structures deserve attention. He added that Shiba Inu can grow in unexpected ways once momentum returns.
Selling Pressure Builds Case for Long-Term ReversalSHIB’s recent decline follows nearly two years of downward movement from its March 2024 high of $0.0000456. Weekly closes, and momentum indicators reflect persistent selling pressure. The analyst described this phase as severe capitulation.
However, he stated that long bearish trends often precede extended growth cycles. He added that no downtrend lasts indefinitely. He framed this view as common market logic rather than speculation.
He also pointed to broader crypto market expansion. Bitcoin and other large-cap assets continue to evolve, he said. Total market participation remains significantly higher than in earlier cycles.
If SHIB begins printing higher highs and higher lows, he argued that price dynamics would shift quickly. A shared chart projected a potential long-term target of $0.0001114. That level implies a 1,606% increase from the current price of $0.00000645. Interim take-profit zones stand at $0.0000206, $0.0000303, and $0.0000708.
He emphasized that no outcome carries guarantees. Still, he insisted that Shiba Inu will recover, noting that discouraging periods often precede improved conditions.
ENRICH your inbox with our best storiesDon’t miss out and join our newsletter to get the latest,
well-curated news from the crypto world!
Newton Gitonga covers cryptocurrencies, blockchain, and digital finance. He specializes in breaking down complex trends with clear, data-driven reporting. His work focuses on market analysis, technical insights, and the evolving role of altcoins in shaping global markets.
Read more about
Latest Shiba Inu News Today (SHIB)
2026-02-18 16:522mo ago
2026-02-18 11:422mo ago
The XRP Flywheel Effect: Why Price Discovery May Become Inevitable as Corridors Flip
XRP is once again at the center of market discussions after new commentary from analysts highlighted how the long-term expansion of Ripple’s global payment network could eventually translate into higher public ledger activity and stronger price momentum for the token.
According to Jesse from Apex Crypto Insights, a factor investors often misunderstand is that most current payment activity on Ripple’s network does not yet use XRP directly. Instead, many banks and financial institutions rely on fiat-based settlement rails within RippleNet because they provide faster processing, lower costs than traditional systems like SWIFT, and eliminate cryptocurrency volatility risks. As a result, a large portion of institutional payment flows remains invisible to the public XRP Ledger today.
Three-stage adoption model shaping XRP’s long-term outlookHe describes Ripple’s expansion strategy as a multi-stage adoption cycle designed to gradually integrate XRP into global payment infrastructure.
Stage one (2017–2023): Institutional onboarding: During the early phase, Ripple focused on convincing banks and payment providers to adopt its technology using fiat-only settlement systems. This approach allowed institutions to benefit from faster and cheaper cross-border payments without needing to hold crypto assets. While this helped grow RippleNet’s global footprint, it meant that most transaction volume did not yet contribute to demand on the public XRP ledger, keeping direct price impact limited.
Stage two (2023–2026): On-demand liquidity expansion: The second phase, now underway, involves introducing On-Demand Liquidity (ODL) solutions that use XRP as a bridge asset between currencies. In an ODL transaction, funds are converted into XRP on one exchange, transferred across the ledger within seconds, and converted back into the destination currency. Each activation of a new payment corridor—such as U.S. dollar to peso or yen—turns previously private fiat-only volume into public XRP transaction activity.
Several corridors are already using this system at scale, including the Mexico corridor through Bitso since 2019 and expanding adoption across regions such as Asia-Pacific and parts of Latin America. Analysts note that as more corridors adopt ODL, daily XRP transaction flows could grow significantly, tightening spreads and increasing liquidity across exchanges.
Stage three: Network effects and liquidity flywheel: As more institutions shift to XRP-based settlement, liquidity is expected to deepen further, lowering transaction costs and encouraging additional corridors to adopt the technology. Over time, this “flywheel effect” could create sustained demand growth, particularly if major G20 currency corridors—such as U.S. dollar to euro or yen—move toward full ODL usage.
Why current private payment volume still matters for XRPAlthough most RippleNet transactions today do not directly use XRP, analysts argue that the existing private payment volume effectively acts as potential future demand. Once institutions become comfortable with Ripple’s infrastructure and regulatory clarity improves, the economic incentive to reduce settlement costs—often estimated at 60% to 90% savings—could drive a gradual shift toward XRP-based liquidity solutions.
The expansion of automated market makers (AMMs), decentralized exchange liquidity, and institutional participation in providing XRP liquidity pools could further amplify transaction activity. In such a scenario, rising payment flows, increased trading activity, and growing speculative interest could collectively contribute to stronger price discovery over time.
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
2026-02-18 16:522mo ago
2026-02-18 11:442mo ago
BNB Chain News: Slight Recovery Ahead of World Liberty Mar-a-Lago Forum
The BNB Chain sector continues to navigate heavy turbulence amid a broader crypto market downturn.
TL;DR:Market Resilience: BNB sector adds $5.3B to market cap despite extreme bearish sentiment.Token Movements: WLFI and others surge, while MYX Finance dumps 71%.Ecosystem Growth: New hackathons, campaigns, and DeFi integrations signal ongoing development.The BNB Chain sector continues to navigate heavy turbulence amid a broader crypto market downturn, but a wave of infrastructure upgrades and ecosystem launches suggests builders aren't slowing down.
Here's the latest market recap.
BNB Chain Market RecapThe CMC Crypto Fear and Greed Index currently reads 12, deep in Extreme Fear territory.
It touched a year-to-date low of 5 on Feb. 6, reflecting one of the most bearish sentiment readings ever recorded.
Despite this, the BNB sector showed signs of recovery this week. The sector added $5.3 billion (+3.6%) to its market capitalization since our last update.
BNB (BNB) is trading at ~$615 as of Feb. 18, sitting roughly 55% below its all-time high of $1,370 set in October 2025. The token is down 33.7% over the last month, but is beginning to show signs of recovery. It’s currently up 3.6% week-over-week (WoW) and holding strong above the 200-week moving average.
The large majority of prominent BEP-20 tokens are in the green this week. Some standouts, and their catalysts, include:
siren (SIREN): +115.4% (Massive whale withdrawals signaled further strength)Everlyn AI (LYN): +37.4% (Unclear catalyst)World Liberty Financial (WLFI): +21.8% (Mar-a-Lago "World Liberty Forum" event hype)Midnight (NIGHT): +21.6% (Mainnet launch confirmed for late March + new exchange listing)The biggest loser spotlight falls on MYX Finance (MYX). The token dumped 71.1% WoW and saw its weekly Relative Strength Index (RSI) drop to ~24 (the lowest on record).
The sentiment on social media remains deeply divided between conviction holders and technical bears.
Community members continue to rally around BNB's fundamental durability—particularly its auto-burn mechanism, which destroyed approximately 1.37 million BNB (worth roughly $1.27 billion) in the 34th quarterly burn earlier this year.
One analyst noted that BNB's monthly stochastic oscillator—which measures whether an asset is oversold or overbought relative to its recent range—has dipped below levels seen at the 2022 bear market bottom, only the second time in three years it has reached this oversold extreme.
On the bearish side, Standard Chartered's head of digital assets research, Geoff Kendrick, warned in a Feb. 12 note that Bitcoin could slide to $50,000 before finding a floor, adding that he expects "more pain" in the near term.
The bank slashed its year-end 2026 BTC target from $150,000 to $100,000 and cut its BNB forecast from $1,755 to $1,050, citing ETF outflows and a challenging macro backdrop. (source)
BNB Chain News RoundupFrom developer programs to the upcoming World Liberty Forum, here are the key developments from the ecosystem this week.
BNB Chain and YZi Labs Bring $160K Hackathon to Bengaluru: The two-day event on Feb. 27–28 offers prizes across four tracks, plus fast-track access to the $1 billion Builder Fund for top finishers.
BNB Chain Launches $88K Lunar New Year Campaign: Running Feb. 17 through March 3, the eight festive ecosystem campaigns span trading, staking, NFT minting, and prediction markets across protocols like ChainGPT, Four.meme, and Predict.fun.
World Liberty Financial Hosts Mar-a-Lago Forum: The Trump-backed DeFi project is holding its sold-out World Liberty Forum on Feb. 18, drawing nearly 400 leaders from Goldman Sachs, the CFTC, Franklin Templeton, FIFA, and more. WLFI surged ~20% ahead of the event. (source)
Binance Wallet Expands Web3 Loans via Venus Protocol: The integration adds new borrowable assets, including CAKE, BTCB, and USD1, alongside fresh collateral options like SOL, XRP, and XVS—pushing the CeDeFi hybrid model deeper into BNB Chain's DeFi stack.
>> That’s a wrap! Check in next week for another dose of BNB Chain insights and updates!
This article contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators. This article is intended to be used and must be used for informational purposes only. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. This article is not intended as, and shall not be construed as, financial advice. The views and opinions expressed in this article are the author’s [company’s] own and do not necessarily reflect those of CoinMarketCap.
2026-02-18 16:522mo ago
2026-02-18 11:442mo ago
Grayscale and Canary Capital Introduce SUI ETFs for Direct Token Exposure
TLDR Canary Capital launched the Canary Stake SUI ETF on Nasdaq, offering exposure to the SUI token and staking rewards. Grayscale converted its SUI trust into an ETF, providing investors with direct access to the SUI token through NYSE Arca. The new SUI ETFs allow both institutional and retail investors to participate in the growing SUI blockchain ecosystem. SUI is a Layer 1 blockchain developed by Mysten Labs, with its token used for transaction fees and smart contract execution. The SUI ETFs enable investors to earn rewards through SUI’s proof-of-stake mechanism while tracking the spot price of the token. Two new exchange-traded funds (ETFs) linked to SUI token launched on Wednesday, offering investors direct exposure to SUI’s price. Canary Capital debuted the Canary Stake SUI ETF on Nasdaq, while Grayscale converted its SUI trust into an ETF on NYSE Arca. Both funds will track SUI’s price, with the added benefit of enabling investors to earn staking rewards.
Canary Capital’s SUI ETF: Canary Stake SUI ETF (SUIS) Canary Capital launched its Canary Stake SUI ETF, trading under the ticker symbol SUIS on Nasdaq. This new fund tracks the spot price of SUI and allows investors to benefit from staking rewards. SUI operates on a proof-of-stake mechanism, which the ETF integrates into its structure, allowing investors to earn net staking rewards.
Steven McClurg, CEO of Canary Capital, emphasized the importance of this fund, saying, “The Canary Staked SUI spot ETF (SUIS) brings exposure to SUI in a registered, exchange-traded structure, while also enabling investors to benefit from net staking rewards generated through SUI’s proof-of-stake mechanism.” The ETF provides a regulated way for investors to engage with the SUI ecosystem and benefit from staking.
Grayscale Launches SUI Fund as an ETF Grayscale followed suit, launching its own SUI fund on the same day. The company converted its SUI trust into an ETF, trading under the ticker GSUI on NYSE Arca. This ETF will provide investors with exposure to the SUI token, offering another way to participate in the growing blockchain ecosystem.
Grayscale’s decision to turn its SUI trust into an ETF aims to provide easier access for institutional and retail investors. By offering direct exposure to the SUI token, the fund offers an alternative to buying the token directly on cryptocurrency exchanges.
SUI’s Growing Ecosystem SUI, developed by Mysten Labs, is a Layer 1 blockchain used to power decentralized applications and smart contracts. The SUI token plays a vital role in the blockchain, serving as a means to pay for transaction fees and support various other network functions. SUI is currently ranked 31st by market capitalization, valued at approximately $3.7 billion.
The launch of these SUI ETFs marks an important milestone for the blockchain’s adoption. It allows a broader range of investors to gain exposure to the SUI ecosystem in a regulated, traditional investment format. The ETFs make it easier for individuals to invest in the blockchain’s native token while also earning rewards through its proof-of-stake mechanism.
2026-02-18 16:522mo ago
2026-02-18 11:462mo ago
SUI trades below $1 as institutional access expands via staked ETFs
Sui’s native token [SUI] continued to trade below the $1 mark on Wednesday, even as institutional access to the asset broadened following the launch of two separate staked SUI exchange-traded products in the U.S.
The muted price reaction came despite announcements from Canary Capital and Grayscale on 18 February. They unveiled investment vehicles designed to offer regulated exposure to SUI while capturing on-chain staking rewards.
At the time of writing, SUI was trading around $0.95, down more than 1.7% on the day. It was trading near its lowest levels since late 2023, according to TradingView data.
Two staked SUI products go live On Wednesday, 18 February, Canary Capital announced the launch of the Canary Staked SUI ETF [SUIS], which began trading on Nasdaq.
The fund provides spot exposure to SUI, the native token of the Sui Network, while also participating in the network’s proof-of-stake validation process. Net staking rewards are reflected directly in the fund’s net asset value.
According to Canary, the product is aimed at investors seeking regulated exposure to emerging Layer-1 networks.
On the same day, Grayscale also rolled out its own staked SUI product [GSUI], expanding its suite of single-asset crypto vehicles beyond Bitcoin and Ethereum.
While structured differently from an ETF, the Grayscale product similarly allows investors to gain exposure to SUI alongside staking yield. It reinforces the firm’s longer-term view on proof-of-stake networks.
The near-simultaneous launches suggest rising institutional interest in Sui as an investable network, even as broader market sentiment remains cautious.
Institutional access widens as price stays under pressure Despite the expansion in access, SUI’s price failed to respond positively to the news. The token has been locked in a steady downtrend since late 2025, falling from highs above $3 to below $1, with recent rallies repeatedly rejected.
Trading volume spiked briefly following the ETF announcements. Still, momentum quickly faded, indicating that the new products have yet to attract significant speculative inflows.
Source: TradingView
The lack of immediate upside may reflect the current macro backdrop and a broader shift toward long-term accumulation rather than short-term positioning.
Staked products, in particular, tend to appeal more to allocators focused on yield and network fundamentals than to momentum-driven traders.
Final Summary Canary’s SUIS and Grayscale’s GSUI expand regulated access to SUI with staking yield, signalling growing institutional product interest in the network. SUI still trading below $1 suggests the market is prioritizing broader risk conditions over ETF/ETP launches, keeping near-term price reaction muted.
2026-02-18 16:522mo ago
2026-02-18 11:472mo ago
Bitcoin faces rules as California extends DFAL to 2026
California crypto licensing: DFAL state regime live; compliance due July 1, 2026California has launched a state-level crypto licensing framework under the Digital Financial Assets Law (DFAL). Businesses with in-scope digital asset activities must be compliant by July 1, 2026.
The regime elevates consumer-protection and supervisory standards for crypto firms operating in the state. Companies now face a defined authorization pathway and ongoing obligations calibrated to digital asset risks.
Why the Digital Financial Assets Law (DFAL) matters nowAccording to the California Department of Financial Protection and Innovation, DFAL rests on AB 39, SB 401, and AB 1934, which extended the original compliance date from July 1, 2025 to July 1, 2026. The FAQs emphasize consumer safeguards, including stablecoin reserve requirements, disclosures of fees and risks, robust record maintenance, and telephone support for California residents for at least 10 hours each weekday.
The policy shift could influence national practices as firms rationalize compliance architectures across states. “California is the fourth-largest economy in the world, so its regulatory choices inevitably carry weight,” said Joe Ciccolo, Executive Director of the California Blockchain Advocacy Coalition, as reported by Decrypt. He added that clearer rules may attract institutional operators, while under-resourced firms could exit or shift activity if enforcement proves misaligned.
BingX: a trusted exchange delivering real advantages for traders at every level.
According to Mayer Brown, DFAL is expansive, imposing broad licensing, record-keeping, and capital and liquidity requirements, while carving out exemptions for already regulated entities such as banks and broker-dealers. The scope means firms should determine whether particular business lines, affiliates, or vendor arrangements fall within the law’s definitions.
Near-term planning includes mapping in-scope activities, documenting controls supporting disclosures and records, and organizing capacity for DFAL-standard customer support and reporting. Building these capabilities can be more intensive for firms not previously under extensive financial regulation.
DFAL rules for stablecoins and crypto kiosksStablecoin reserve and disclosure requirementsDFAL centers stablecoin protections on issuer reserves and transparent user disclosures. Firms facilitating stablecoin activity should expect heightened scrutiny around how reserves, fee schedules, and key risks are communicated.
Crypto kiosk fee caps and required disclosuresThe law sets fee caps for crypto kiosks and requires prominent point-of-transaction disclosures of exchange rates, fees, and material risks. Operators need consistent, clear presentation standards to align with the regime.
At the time of this writing, Coinbase (COIN) traded near $168.78, up about 2.71% intraday, based on data from Nasdaq. market context does not alter DFAL milestones or compliance expectations.
FAQ about Digital Financial Assets Law (DFAL)What are the specific DFAL compliance obligations (capital/liquidity, record-keeping, disclosures, customer support hours)?DFAL includes licensing, capital and liquidity standards, robust record-keeping, clear fee and risk disclosures, stablecoin reserve rules, and phone support for Californians at least ten hours per weekday.
What is the DFAL application process and timeline to meet the July 1, 2026 deadline?Firms prepare and submit a DFAL license application to the state regulator. Plan backward from July 1, 2026, allowing sufficient preparation and review time to demonstrate compliance across required controls.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Rate this post
2026-02-18 15:522mo ago
2026-02-18 09:522mo ago
Hyperliquid Foundation sets up DeFi policy advocacy group with $29 million HYPE token donation
Hyperliquid Foundation is helping to create a policy group tasked with lobbying for DeFi interests on Capitol Hill, with a roughly $29 million donation of HYPE tokens to get the ball rolling, according to a statement from Wednesday.
"The Hyper Foundation will contribute 1 million HYPE tokens to support the creation of the Hyperliquid Policy Center," the group posted to X. "The tokens will be unstaked later today. The Hyperliquid community will benefit from having representation in Washington, D.C., and we are confident that under Jake Chervinsky's leadership, the Hyperliquid Policy Center will have a meaningful impact in favor of clear regulations for decentralized finance."
The move comes as lawmakers continue to weigh passing legislation designed to better define how the digital asset industry should be regulated in the U.S. So far during President Donald Trump's administration, meaningful gains have been made to facilitate growth across cryptocurrency-related businesses and investment opportunities. But many key matters have yet to be clearly defined.
While Senate committees have been moving forward with legislation that would regulate the crypto industry writ large, some issues, such as on how to treat stablecoin rewards, remain unresolved and have potentially held up the advancement of the CLARITY Act.
"[Hyperliquid Policy Center] is an independent research and advocacy organization dedicated to ensuring that DeFi can flourish in the United States," Chervinsky posted to X. Chervinsky previously led Variant Fund's legal team, where he remains as an advisor, and is a board member of the Blockchain Association lobbying group.
Hyperliquid is decentralized perpetual futures exchange that competes with centralized exchanges like Coinbase, a company which has long been active in Washington D.C., lobbying for crypto-friendly policies.
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
Canary lists spot SUI ETF with staking rewardsThe Nasdaq-listed SUIS fund offers direct exposure to Sui’s native token while passing through proof-of-stake rewards in a regulated ETF wrapper. Feb 18, 2026, 2:56 p.m.
Stephen Mackintosh, chief investment officer of Sui Group Holdings, and Evan Cheng, CEO of Mysten Labs at Consensus Hong Kong 2026 (CoinDesk)
What to know: Canary Capital debuted SUIS, the first spot sui ETF that includes staking rewards.The fund provides direct exposure to sui’s price while reflecting net staking income in its NAV.The move expands the roster of proof-of-stake tokens entering regulated ETF structures.Canary Capital unveiled a U.S.-listed spot SUI$0.9800 exchange-traded fund (ETF) with staking, deepening the crossover between proof-of-stake networks and traditional investment vehicles.
The Canary Staked SUI ETF (SUIS) is designed to track the spot price of sui, the native token of the Sui layer-1 blockchain, while also participating in the network’s proof-of-stake validation process. Net staking rewards are reflected in the fund’s net asset value (NAV), giving investors exposure to both price performance and on-chain yield within a registered ETF structure.
STORY CONTINUES BELOW
The token underpins the Sui Network, a blockchain built by former Meta engineers behind the ill-fated Diem digital currency project. The network has positioned itself as a platform for consumer-facing applications, spanning decentralized finance (DeFi), gaming and digital marketplaces.
The listing adds to a growing lineup of crypto ETFs that go beyond bitcoin and ether, reflecting issuers’ efforts to package newer layer-1 networks for institutional and retail investors. By incorporating staking directly into the fund, SUIS also tests regulators’ tolerance for yield-bearing crypto products inside traditional wrappers.
The listing also coincides with Grayscale's Sui Staking ETF (GSUI) listing on NYSE Arca, having previously traded on the OTC Markets' OTCQB.
For investors who want exposure to sui without managing private keys or validator operations, ETFs offer a brokerage-based entry point with staking rewards embedded.
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
More For You
More For You
Bitcoin's plunge signals coming AI crisis, but massive Fed response will drive new record high: Arthur Hayes
37 minutes ago
The rise of artificial intelligence is likely to displace millions of workers in quick order, triggering sizable credit defaults, said Hayes.
What to know:
Bitcoin's recent crash is signaling a coming massive AI-related credit event, wrote Arthur Hayes.The Fed's response to the coming financial crisis is likely to restart the crypto bull market.That doesn't mean there won't be more pain ahead for bitcoin bulls, as political division could delay central bank action.Top Stories
2026-02-18 15:522mo ago
2026-02-18 09:562mo ago
Thiel and Founders Fund Exit Ethereum Treasury Firm ETHZilla
• Billionaire Peter Thiel’s investment firm, Founders Fund, completely divested its entire stake in Ethereum treasury management firm ETHZilla, as per a recent SEC filing.
• The shares of ETHZilla fell after the news, highlighting the sensitivity of investors to prominent departures in crypto-related firms.
Billionaire investor Peter Thiel and his venture capital firm, Founders Fund, have made a complete divestment in ETHZilla Corporation. This has been revealed through a filing by the US Securities and Exchange Commission (SEC), which states that there are no shares held as of December 31, 2025. Earlier, Thiel’s entities had a stake of approximately 7.5 percent in the digital asset treasury firm.
The initial investment made by Thiel’s group in ETHZilla had earlier attracted considerable media and investment attention. This investment had earlier caused the stock price of ETHZilla to rise considerably in mid-2025. However, the volatility in the crypto market and the weakness in the price of Ether had put pressure on its balance sheet.
ETHZilla also implemented targeted sales of its Ether holdings to pay off debt in late 2025. The company allegedly sold approximately $74.5 million worth of ETH in these efforts. Several SEC filings demonstrate that the corresponding Founders Fund groups reflect a lack of beneficial ETHZilla ownership. This full-scale exit illustrates how major investors adjust their holdings when market conditions change.
Market Response and Firm Pivot The stock price of ETHZilla declined in the after-market session based on the news of Thiel’s full divestment. The stock price declined by about three percent, with the digital asset treasury stocks also underperforming. The year-to-date performance of ETHZilla’s stock price indicated a significant decline from the previous peaks. The firm initially had a biotech identity but later switched to an Ethereum treasury approach in mid-2024. This firm pivot included accumulating substantial Ether holdings as part of the treasury. ETHZilla expanded its business into the tokenization of real-world assets and the offering of aerospace tokens during challenging market conditions.
The company accumulated housing loans and jet engines for potential tokenization initiatives. Such developments indicated a move away from solely depending on the ETH treasury. ETHZilla remains operational despite the loss of prominent supporters. Market participants are now waiting to see what other institutional sentiment signals emerge in crypto treasuries. The Market response is a reflection of marquee investor activity impacting crypto-focused publicly listed companies. ETHZilla is still adjusting its business model despite navigating market sentiment and price volatility.
Highlighted Crypto News:
Robinhood Plans $1 Billion IPO to Expand Retail Access to Private Markets
I specialize in Web3 and crypto writing, producing clear, research-driven content on blockchain, cryptocurrencies, and market trends.
2026-02-18 15:522mo ago
2026-02-18 09:582mo ago
Peter Thiel And Founders Fund Fully Exit Ethereum Treasury Firm ETHZilla
Peter Thiel and his Founders Fund have completely exited their position in ETHZilla Corporation (NASDAQ:ETHZ), according to an amended Schedule 13G filed Tuesday with the U.S. Securities and Exchange Commission. The filing, signed by Thiel on Tuesday, shows all reporting entities associated with the Founders Fund now hold 0.0% of ETHZ common stock as of Dec. 31.
2026-02-18 15:522mo ago
2026-02-18 10:002mo ago
Bitcoin May Gain If AI Job Losses Trigger Bank Stress, Hayes Says
Arthur Hayes has issued a stark market warning: he sees a growing split between his preferred risk gauge, Bitcoin, and the tech-heavy Nasdaq 100 as a signal that credit stress may be building under the surface.
Hayes, a co-founder and former CEO of cryptocurrency exchange BitMEX, calls Bitcoin a “fiat liquidity fire alarm” — an asset that reacts quickly when credit conditions change.
A Warning From Market Signals When two assets that often moved together start to pull apart, traders take notice. Hayes believes that a gap like this deserves investigation because it could point to trouble in bank balance sheets or in the flow of lending.
He argues the move is not about one stock or one trade; it is about the plumbing of credit and how fast liquidity can dry up when things turn.
Source: Arthur Hayes How AI Job Cuts Could Ripple Through Credit Reports note that companies cited AI as a reason for thousands of layoffs in recent years, with an outplacement firm counting roughly 55,000 cuts in 2025 that were tied to AI. Much of that hit was inside tech.
Hayes sketches a rough scenario: a sizable drop in knowledge-worker employment would weaken mortgage and consumer credit repayment, which could then shave bank equity and tighten lending.
The numbers he offers are approximate and built on multiple assumptions, but they are intended to show how a shock to white-collar paychecks could cascade into the credit system.
Source: Arthur Hayes Expectations About Central Bank Action Hayes expects a policy response if banks start to fail and credit freezes. He argues the Federal Reserve would step in with fresh liquidity, and that more money creation would follow — a move he says would be favorable for Bitcoin’s price outlook.
That scenario has been a recurring theme in his commentary; past essays and posts have linked anticipated Fed liquidity to sharp rallies in crypto markets.
BTCUSD currently trading at $67,298. Chart: TradingView Altcoin Bets And Fund Positioning His fund, Maelstrom, is said to plan staking or stablecoin deployments into privacy-focused and exchange-native plays once liquidity policy shifts occur, naming Zcash and Hyperliquid as examples. That kind of tactical stance is meant to profit from a short-term surge in risk assets after a policy pivot.
A Measured View This is a dramatic chain of events: AI job losses lead to credit losses, which cause bank stress, which forces the central bank to expand money supply, which lifts Bitcoin.
Each link is plausible, but none is guaranteed. Some of Hayes’ figures are rough estimates meant to illustrate risk rather than to act as a precise forecast.
Market history shows that central banks do sometimes step in, and that policy moves can power asset rallies, but outcomes depend on timing, scale and public confidence — factors that are hard to predict in advance.
Featured image from Unsplash, chart from TradingView
2026-02-18 15:522mo ago
2026-02-18 10:002mo ago
XDC launches real-world USDC spending as stablecoins cross $307B
XDC launches real-world USDC spending as stablecoins cross $307B
Home Stablecoins XDC launches real-world USDC spending as stablecoins cross $307B Stablecoins
2min Read
A new integration lets users spend USDC directly, cutting out fiat conversions and delays.
Posted: February 18, 2026
Journalist
Journalist
Posted: February 18, 2026
Samyukhtha L KM is a financial journalist and market analyst at AMBCrypto. She covers key market moves, blockchain adoption, and socially-driven crypto trends. She also enjoys providing fresh takes through commentaries on emerging narratives.
More Articles
2026-02-18 15:522mo ago
2026-02-18 10:072mo ago
Hyperliquid starts DeFi lobbying group with $29 million token backing
Jake Chervinsky, CEO of the Hyperliquid Policy Center, said markets are migrating to blockchain, and the U.S. need to adopt new rules of risk being left behind. Feb 18, 2026, 3:07 p.m.
Hyperliquid (HYPE), a blockchain-based exchange that processed more than $250 billion in perpetual futures trading last month, has launched a U.S. lobbying and research arm aimed at shaping how lawmakers regulate decentralized finance (DeFi).
The Hyperliquid Policy Center, a Washington, D.C.-based nonprofit, will focus on regulatory frameworks for decentralized exchanges, perpetual futures and blockchain-based market infrastructure, according to a Wednesday press release.
STORY CONTINUES BELOW
Jake Chervinsky, a prominent crypto lawyer and former policy head at the Blockchain Association, will serve as founder and CEO.
The launch comes as Congress and federal agencies debate how to oversee crypto trading platforms and derivatives markets. Perpetual futures, which allow traders to hold leveraged positions without an expiration date, are widely used on offshore venues but remain a gray area under U.S. law.
The arrival of a new group also represents just the latest entrant into a Washington crypto-policy scene that's jammed with similar organizations, including the DeFi Education Fund and Solana Policy Institute, in addition to the broader groups such as the Digital Chamber, Blockchain Association and Crypto Council for Innovation. And the new organization lands as negotiation is well underway on Senate legislation that may set U.S. DeFi policy.
Hyperliquid operates a decentralized exchange that lets users trade perpetual futures directly on blockchain rails without a central intermediary. Instead of routing trades through a traditional broker or clearinghouse, transactions settle onchain.
The platform has emerged as one of the fastest-growing venues in crypto derivatives. It handled more than $250 billion in perpetual trading volume and $6.6 billion spot volume over the past month, DefiLlama data shows.
"Financial markets are migrating onto public blockchains because they offer efficiency, transparency and resilience that legacy systems cannot match," Chervinsky said in a statement.
"Now the United States must choose: We can either adopt new rules that allow this innovation to flourish here at home, or we can wait and watch as other nations seize the opportunity," he added.
The new policy group plans to brief lawmakers, publish technical research and advocate for rules tailored to decentralized systems, the press release said.
The Hyper Foundation, which supports the Hyperliquid ecosystem, is contributing 1 million HYPE tokens, worth roughly $29 million, to fund the launch. While that's less than was committed to the launch last year of the Ripple-backed National Cryptocurrency Association, it's much more than the $5.6 million the Digital Chamber spent in 2024 or the $8.3 million spent by the Blockchain Association, according to public filings.
More For You
CFTC's Selig opens legal dispute against states getting in way of prediction markets
23 hours ago
Commodity Futures Trading Commission Chairman Mike Selig fired a legal warning shot defending his agency's jurisdiction over the event contract space.
What to know:
U.S. Commodity Futures Trading Commission Chairman Mike Selig directed his agency to file an amicus brief declaring his federal agency has authority over the U.S. prediction markets. Though the CFTC once fought a legal resistance against such firms as Polymarket and Kalshi, the agency has embraced them during the administration of President Donald Trump, whose son has worked as a paid adviser for the leading companies. As Selig defends his agency's jurisdiction in court, he's also pursuing new prediction markets rules for the U.S.
2026-02-18 15:522mo ago
2026-02-18 10:092mo ago
XRP Ledger activates ‘members-only' DEX upgrade aimed at regulated institutions
The XRP Ledger has activated a new upgrade that enables regulated institutions to operate gated trading venues directly onchain, marking its latest move toward building infrastructure tailored to banks and brokers.
According to the protocol's amendment documentation, the update, known as XLS-81 or “Permissioned DEX,” creates controlled versions of XRPL’s built-in decentralized exchange.
Unlike the network’s existing open-order book, the new feature allows designated administrators to determine who can place and accept trades, effectively creating a members-only marketplace tied to compliance requirements such as know-your-customer and anti-money-laundering checks. Trading mechanics remain native to the ledger, but access can be restricted to approved participants under the new model.
The design targets financial institutions that want blockchain-based settlement and liquidity while maintaining control over counterparty eligibility.
The XRP Ledger is a public blockchain originally launched in 2012 and closely associated with Ripple, designed for payments, token issuance, and decentralized exchange functionality built into its base layer.
XRPL upgrades The rollout adds to a series of institutional-focused upgrades on XRPL.
Last week, the network activated XLS-85, extending its native escrow functionality beyond XRP to trustline-based tokens and multi-purpose tokens, including stablecoins and tokenized real-world assets. Escrow and permissioned exchange functionality together aim to provide a more complete toolkit for regulated tokenized markets, from issuance to secondary trading.
Although retail traders may see little day-to-day impact, the shift underscores XRPL’s direction of travel. Rather than doubling down on fully open DeFi venues, the network is carving out infrastructure designed to meet the operational and compliance needs of traditional financial players.
The activation also follows broader ecosystem discussions about the ledger’s evolution.
In recent months, a RippleX engineer has explored the potential for native XRP staking, with Ripple CTO David Schwartz weighing in on possible future design changes. Separately, Ripple has partnered with Aviva Investors to tokenize funds on XRPL, signaling growing interest in regulated asset issuance on the network.
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.