The difference in futures basis between CME and Deribit reflects varying risk appetite across regions.
Considering the bounce's nature it could be a start of a long-term recovery.
Senator Elizabeth Warren and Senator Andy Kim have both called for a review into the $500 million stake made in the Trump-linked crypto project World Liberty Financial by a UAE government-linked entity. The democratic Senators issued a letter to that effect to Treasury Secretary Scott Bessent to look into the issue. According to the letter, the Senators want Bessent to evaluate whether the reported stake in the Trump-linked project warrants a national security review . The Senators, who are both members of the Senate Banking Committee, asked Bessent to determine whether the Committee of Foreign Investment in the United States (CFIUS) should look into the deal, per the letter. CFIUS is an interagency panel overseen by the Treasury that looks into foreign investments for national security risks. Senators Warren and Kim want to review UAE stake in WLFI The deal was reported by the Wall Street Journal last month. The news outlet mentioned that G42, a company backed by Sheikh Tahnoon bin Zayed Al Nahyan, the national security adviser and manager of the largest sovereign wealth fund in the UAE, acquired a 49% stake in World Liberty Financial days before the second inauguration of Trump in January 2025. The deal was executed through an entity called Aryam Investment 1 and was signed by Eric Trump. The deal required an upfront payment of $250 million, with about $187 million of the entire figure directed towards Trump family entities and at least $31 million to firms affiliated with the family of Steve Witkoff, Trump’s special envoy to the Middle East and a co-founder of World Liberty Financial, the report said. President Trump has denied knowledge of the investment. “My sons are handling that, my family is handling it … I have all I can handle right now with Iran and with Russia and Ukraine,” Trump said to reporters. In the letter , the Senators asked whether CFIUS had already reviewed the transaction and made any recommendations to the president about it. They noted that the CFIUS should have been mandated to review transactions that could give foreign governments access to sensitive technology or personal data. The letter pointed to the fact that World Liberty Financial says it collects personal information from users, questioning whether the UAE or China could gain access to the data. Probes trail UAE’s $500 million stake in WLFI The letter also mentioned that the deal would see WLFI give up two board seats to senior executives who hold key positions at G42. The Senators also cited longstanding United States intelligence warnings that G42 may have been involved in the provision of technology to assist China’s military. The company was accused of developing a surveillance app that was developed as a messaging app. In addition, G42 has faced scrutiny over its ties to Chinese firms, including Huawei and Beijing Genomics Institute. However, the company said it had divested from the Chinese companies since early 2024. The CFIUS request adds to a growing list of probes that have been sought since the deal was announced. Last week, Rep. Ro Khanna, ranking member of the House Select Committee on Strategic Competition with China, launched an investigation demanding documents and answers from WLFI co-founder Zach Witkoff by March 1. In the letter, Khanna focused on whether the investment may have influenced US export policy on advanced AI chips after the Trump administration approved a plan to give the UAE access to 500,000 of the most advanced AI chips per year. Bessent has also been grilled over WLFI at a House Financial Services Committee hearing last week, where he was asked to pause a pending Banking charter application tied to the firm. Senators Warren and Kim have given Bessent until March to respond to their letter. Get 8% CASHBACK when you spend crypto with COCA Visa card. Order your FREE card.
The next few days will see a key compliance building block activate on the XRP Ledger mainnet..
RippleX introduces Token Escrow to all issued tokens on XRP Ledger. The upgrade enables advanced, regulated financial processes directly on-chain for institutions. Continue Reading: RippleX Expands Token Escrow to All Tokens on XRP Ledger The post RippleX Expands Token Escrow to All Tokens on XRP Ledger appeared first on COINTURK NEWS .
Over 260,000 ETH moved to Binance by 'Bitcoin OG' Garrett Jin. We break down the $543M transfer and what it means for Ethereum’s $1,900–$2,150 decision zone.
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, a strategic bitcoin reserve bill was introduced in the Brazilian Congress, Brazil prepares to tax stablecoins, and Argentina’s statistics chief resigns. Strategic Bitcoin Reserve Bill Allowing Brazil to Acquire up to 1 Million
The market is showing a slight recovery, but the lack of on-chain movement might be hinting at a shallow rally.
Solana’s derivatives market kept flashing risk signals as funding stayed negative for more than two weeks. At the same time, SOL tried to stabilize near $80 after breaking down from a long held trading range. Prolonged negative funding marks rare futures positioning Solana futures funding rates stayed negative for 16 consecutive days, according to an aggregated open interest weighted eight hour average shown on a Binance Futures daily chart dated Feb. 15. The metric printed near minus 0.0042, which signals that short positions paid longs to hold exposure. Meanwhile, SOL traded near $81 on the daily chart, after extending a multi week decline that began in late 2025. Solana U.S. Dollar Daily Chart. Source: TradingView / X Funding rates reflect the balance of long and short demand in perpetual futures. Therefore, sustained negative readings point to traders leaning short across venues. In this case, the streak reached a level that has appeared only twice in Solana’s trading history, based on prior cycles cited by market participants. Those earlier stretches occurred in November 2022, when SOL traded near $8 during a broad market selloff, and in September 2023, when price hovered near $20 amid weak sentiment. At the same time, price structure remained under pressure. SOL continued to post lower highs and lower lows on the daily timeframe, while rebounds stalled below former support that now acts as resistance. As a result, sellers kept control of the trend, and spot price held near the lower end of the recent range. The latest session showed a modest daily bounce, yet the broader structure stayed weak relative to prior months. However, extended negative funding can signal crowded short positioning. When shorts dominate for long periods, forced covering can occur during sharp rebounds, which can amplify short term moves. Still, funding alone does not define trend direction. Instead, it adds context to derivatives positioning as price tests lower levels. Price slips under former support while futures positioning stays cautious Solana hovered near the $80 level on the three day SOL/USDT chart from Binance dated Feb. 13, after a sharp breakdown from a long held range that had supported price through much of 2024 and 2025. The latest candles showed SOL trading near $81, following a steep selloff that pushed price below the green support band around the low $120s. As a result, the broader structure shifted lower after price failed to hold the prior consolidation zone. Solana TetherUS Three Day Chart. Source: TradingView (DaanCryptoTrades) The chart showed multiple failed rebounds from the former range before the breakdown accelerated into early 2026. After that move, price extended lower toward the high $70s, where buyers began to defend the area. Therefore, the $80 zone now sits near the lower boundary of the recent decline, with the next visible reference band marked around the high $60s on the chart. At the same time, volume expanded during the breakdown, which aligned with the strongest red candles in the sequence. That pattern reflected heavier sell pressure as price moved away from the prior range. However, recent candles printed longer lower wicks near $80, which showed buying interest at that level even as the broader trend stayed weak. So far, price has not reclaimed the former range. Instead, SOL remains below the broken support, which now acts as overhead resistance. Until price holds above that zone, the structure stays tilted to the downside on higher timeframes. Short term stabilization near $80 would mark the first pause after the drop, while failure to hold the area would expose the lower band highlighted on the chart.
XRP price just caught a serious bid. The token jumped more than 8% in 24 hours after news broke that Ripple CEO Brad Garlinghouse secured a seat on the CFTC Innovation Advisory Committee. Traders are clearly betting that having Ripple closer to regulators could shift the narrative around XRP. Key Takeaways XRP rallied 8.09% to trade near $1.53 on news of the Ripple CEO’s federal appointment. The CFTC tapped Garlinghouse and other crypto leaders to advise on digital asset frameworks. Institutional flows are rising, with Goldman Sachs revealing a $152 million crypto ETF position. Garlinghouse Joins Expanded CFTC Committee This is a pretty big shift from Washington. The CFTC just expanded its Innovation Advisory Committee to 35 members, and Brad Garlinghouse is now officially part of it. Chairman Michael S. Selig says the goal is to future proof U.S. markets by working closer with the industry instead of fighting it. It is important to keep this in perspective. The CFTC mainly regulates derivatives markets, not spot crypto securities. XRP past legal fight was with the SEC, not the CFTC. Source: CFTC And Garlinghouse is not alone. The lineup includes Coinbase CEO Brian Armstrong, leaders from Chainlink, Solana Labs, and Uniswap, plus names from traditional finance like CME Group and Nasdaq. That is a serious mix of crypto and Wall Street in one room. The focus areas matter too. Tokenization. Perpetual contracts. Blockchain market structure. All directly tied to how XRP fits into the bigger picture. For XRP holders, this feels symbolic. Ripple went from battling regulators to sitting at the policy table. And with lawmakers pushing for clearer crypto rules, this could mark a new chapter in how the industry and Washington interact. XRP Price Bulls Eye $1.54 Breakout The market reacted fast. XRP is trading around $1.57609, up 10% on the day after bouncing from a low near $1.40731. That move pushed price cleanly out of its mid $1.40 consolidation range, backed by stronger volume and widening Bollinger Bands. Source: XRPUSD / TradingView Bulls are now testing the $1.60 session high. Short term moving averages are stacking underneath price around $1.47 and $1.48, creating a stair step style support zone. That gives the rally some structure. On the fundamental side, momentum is building too. Binance recently completed RLUSD integration on the XRP Ledger, a development many analysts see as a potential catalyst for a much larger move if momentum continues. Institutional Interest Deepens Beyond the CFTC news, bigger money is quietly getting into position for what could be a more crypto friendly 2026. Recent filings show Goldman Sachs holds around $152 million in crypto ETFs, a clear sign that Wall Street is not stepping away from digital assets. Garlinghouse has also doubled down on his vision, calling XRP the “North Star” of Ripple strategy and pointing to 2026 as a pivotal year. While the U.S. tone appears to be softening, the global picture is still mixed. Dutch lawmakers, for example, are pushing a 36% capital gains tax on crypto, showing how fragmented regulation remains worldwide. Broader market conditions also matter. XRP remains highly correlated with Bitcoin and overall crypto risk sentiment, meaning macro catalysts, including rate expectations and ETF flows, could amplify or cap this breakout attempt. With price now pressing against the $1.60 resistance zone, the next move could set the tone for where momentum heads from here. The post XRP Price Surges as Ripple CEO Takes Role Influencing Crypto Regulation appeared first on Cryptonews .