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Crypto Pulse Daily: SUI Surges 7% After Grayscale Updates Sui ETF Filing

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CoinGape Newsletter
February 12, 2026

Binance is now among the top 10 institutional holders of Bitcoin, with its Secure Asset Fund for Users (SAFU) reaching the $1 billion milestone. Following its latest purchase of 4,500 BTC, the SAFU fund has completed its $1 billion Bitcoin conversion plan. The exchange now holds 15,000 BTC, overtaking Coinbase, which holds 14,548 BTC.

Grayscale has submitted an amendment to its Sui ETF application with the US Securities and Exchange Commission (SEC). SUI price increased by 7%, as investors see the development as a major progress towards the first spot SUI ETF launch.

Pi Network price has recently remained stable above $0.13, despite experiencing a downward trend for the past week. The coin increased by 1.29% to $0.134 over the past 24 hours, indicating that it may recover before the mainnet upgrade date on February 15.

However, Pi has faced a 12% drop over the past week, following a broader decline in the cryptocurrency market. A recent price dip brought Pi to a new all-time low of $0.132, adding to the ongoing challenges.

XRP price has increased by 1.68% to $1.38 in the last 24 hours, suggesting a recovery after a week of bearish trends. The cryptocurrency fell about 20% below its four-week peak of $2, but today it is recovering after Ripple held its “XRP Community Day.” 

The overall capitalization of the cryptocurrency market is at 2.29 trillion. Bitcoin price is hovering around the mark of $67,000.