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Top crypto firms have received conditional approval to act like national trust banks.The banking lobby has expressed concerns over the process.Other crypto firms have applied and are awaiting approval.Crypto.com this week became the latest crypto company to receive conditional approval from the Office of the Comptroller of the Currency for a national trust banking charter. The approval comes after the US’ largest banking lobby this month urged the OCC to slow its review of crypto companies’ charter applications. “ABA encourages OCC to ensure that a national bank charter does not become a vehicle leveraged by entities to avoid, or attempting…

XRP is on track to close its fifth consecutive month in negative territory, a rare stretch of sustained losses that has not been seen since late 2016. Despite holding at around $1.30, the token has declined nearly 30% in February alone, according to CoinGecko data, extending a broader five-month decline of roughly 50%. XRP Flashes Pre-Bull Run Pattern The last time XRP recorded five straight red monthly candles was between October 2016 and February 2017. During that period, the price slipped from $0.00885 to $0.00557, a decline of 37%, before finding a bottom near $0.0055 in March 2017. By May 2017,…

PANews reported on February 24th that, according to SoSoValue data, yesterday (February 23rd US Eastern Time; February 24th Beijing Time), Bitcoin spot ETFs saw a total net outflow of $204 million. VanEck HODL saw the largest net inflow at $6.3535 million, while BlackRock IBIT experienced the largest net outflow at $116 million. Currently, the total AUM of ETFs is approximately $80.738 billion, with a cumulative net inflow of $53.809 billion, resulting in a net asset value ratio of approximately 6.26%.

XRP, Solana, and Chainlink recorded small inflows, but these were insufficient to offset broader, persistent altcoin outflows. Investor appetite for digital asset funds remains muted after $288 million in weekly outflows. This is the fifth week in a row of redemptions, which propelled aggregate withdrawals to $4 billion, still trailing the $6 billion logged last year. Market participation has thinned significantly, as ETP trading slid to $17 billion, the weakest level since July 2025, amidst signs of disengagement among institutions and retail allocators alike globally this quarter. Short Bets Quietly Surge According to the latest edition of CoinShares’ Digital Asset…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is struggling to hold the $65,000 level as market sentiment drifts toward apathy following weeks of muted price action and declining participation. Volatility has compressed noticeably, and traders appear hesitant to commit fresh capital while macro uncertainty and liquidity constraints continue to weigh on risk assets. The lack of decisive momentum has left Bitcoin consolidating near a technically sensitive zone, where both bulls and bears seem reluctant to take aggressive positions. A recent CryptoQuant report provides additional context through on-chain positioning data. According to the analysis,…

Pharos Network has launched a collaborative ecosystem designed to transition real-world assets from experimental pilots into a standardized, institutional-grade execution framework. A New Standard for Real-World Assets Pharos Network, a financial Layer 1 platform, has announced the launch of an alliance that seeks to move the real-world asset ( RWA) market beyond fragmented pilots into […]

Weekly notional volume across prediction market platforms dipped 1.4% to $5.25 billion for Feb. 16–22. Kalshi jumped 6.7% to $2.59 billion as Polymarket slid 3.2% WoW to $1.83 billion.Prediction markets appear to be consolidating, posting $5.25 billion across all tracked platforms for the week ending Feb. 22. The weekly volume was essentially flat against the $5.33 billion posted the prior week, and it marks the second consecutive week without a meaningful swing in either direction after the Super Bowl unwind.But a top-line that barely moves can still tell a story, and the internals this week are more interesting than the…

Binance doubled down on its compliance credentials in a blog post after a report published earlier this month accused it of sanction violations.Crypto exchange Binance says it has “significantly reduced exposure” to sanctioned entities and high-risk jurisdictions, including exposure to Iran since January 2024.In a blog post titled “Setting the record straight” on Monday, Binance said its sanctions-related exposure as a percentage of total exchange volume has fallen by about 97% in that time, and now sits at around 0.009%. Exchange volume to sanctions-related entities has declined. Source: BinanceThe post comes after a Feb. 13 Fortune report citing anonymous sources…

Top Stories of The WeekMetaplanet CEO rejects claims it hid details of BTC tradesMetaplanet CEO Simon Gerovich pushed back against accusations that the company misled investors about its Bitcoin strategy and disclosures.Critics on X have argued that Metaplanet delayed or withheld price‑sensitive information about large Bitcoin purchases and options trades funded with shareholder capital, obscured losses from its derivatives strategy and failed to fully disclose key terms of its BTC‑backed borrowings.In a detailed X post on Friday, Gerovich argued that Metaplanet promptly reported all Bitcoin purchases, option strategies and borrowings, and that critics were misreading its financial statements rather than…

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…