Bitcoinist Press Review

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• XRP Ledger Activates Token Escrow: Here’s What XLS-85 Unlocks
  The XRP Ledger has activated Token Escrow (XLS-85) on mainnet on Feb.12, extending the network’s native escrow mechanics beyond XRP to Trustline-based tokens (IOUs) and Multi-Purpose Tokens (MPTs). The amendment was enabled today with 88% consensus (30/34 validators) and was introduced in rippled v2.5.0 under the XLS-85 specification. Escrow, But For Every Asset On XRP […]
• Bitcoin Selloff Drew Spot Volume, But Demand Lacked Follow-Through: Glassnode
  On-chain analytics firm Glassnode has highlighted how the Bitcoin Spot Volume spiked during the price drawdown, but it has since cooled off. Bitcoin Spot Volume Shot Up During The Selloff In its latest weekly report, Glassnode has talked about the latest trend in the Bitcoin Spot Volume. This on-chain indicator measures the total amount of […]
• 30% of Ethereum Supply Now Locked as Whales Accumulate Amid ETH Price Weakness
  Ethereum’s network dynamics are shifting in a way that could reshape its market structure. On-chain data shows that roughly 30% of all Ethereum (ETH) supply is now locked in staking contracts, marking a record high for the protocol’s proof-of-stake ecosystem. Related Reading: Bitcoin Is ‘No Longer Digital Gold,’ Deutsche Bank Strategist Says Even as ETH […]
• SEC Chair Confirms Crypto Taxonomy Guidance In Line With CLARITY Act Framework
  Speaking before the House Financial Services Committee on Wednesday, US Securities and Exchange Commission (SEC) Chair Paul Atkins outlined plans to develop formal guidance on token classification, aligning the agency with the anticipated crypto market structure legislation known as the CLARITY Act.  Aiming For Lasting Crypto Clarity Atkins told lawmakers that regulatory certainty for digital […]
• Crypto Continues to Expand in Asia as Thailand Clears Path for Digital Asset Derivatives
  Thailand has taken a further step toward integrating crypto into its mainstream financial system, after the Cabinet approved changes that allow digital assets to underpin regulated derivatives contracts. The move positions the country among a growing number of Asian markets adapting crypto-linked financial products. Related Reading: Bitcoin Is ‘No Longer Digital Gold,’ Deutsche Bank Strategist […]
• US Banking Lobby Urges OCC To Delay Crypto Charter Applications Approval
  The US’s largest banking lobby has requested the Office of the Comptroller of the Currency (OCC) delay its approval of crypto bank charter applications, suggesting the regulator wait until regulatory uncertainty is cleared. Related Reading: Hong Kong Unveils New Rules To Allow Crypto Margin Financing And Perpetual Contracts US Banks Call For Crypto Charter Reviews […]
• XRP Spot ETFs Riding The Bullish Wave, Attracting Broader Wall Street Allocation
  Even with the broader cryptocurrency market becoming highly volatile and bearish, the Spot XRP ETFs are still displaying remarkable performance. In the unfavorable conditions, capital from both retail and institutional investors continues to flow into the funds, and they are drawing the attention of Wall Street. Institutional Capital Still Following Into XRP Spot ETFs XRP […]