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Crypto Pulse Daily: Binance and Franklin Templeton Launch Tokenized Fund Collateral for Institutions
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CoinGape Newsletter
February 11, 2026
Bitcoin plunges to $66K levels as crypto traders brace for critical US jobs and unemployment rate data release on Wednesday. US dollar and Treasury yields waver as Wall Street expects a rise in US Nonfarm payrolls, which could erase the odds of a Fed rate cut in June.
Binance said it is collaborating with Franklin Templeton on a collateral program for tokenized funds. The solution will solve the problem of how to deploy capital on exchanges without leaving the assets idle on the trading platform.
 Bitcoin price remained near $66,000 on Wednesday, after a slight dip, as the market awaits key economic reports. These are the U.S. jobs data, Consumer Price Index (CPI) data, and prospects on the U.S. government shutdown. Meanwhile, Ethereum price is trading below $2,000, which indicates a generally bearish mood. The crypto market has been on a downward trend of 2.53%, and market capitalization is at 2.29 trillion |  Ripple Price has dropped 12% over the past week, trading around $1.40 on Wednesday. After encountering resistance near a previously broken lower trendline, Goldman Sachs discloses crypto exposure, including XRP. Broader market selling has further weighed on XRP, with the major cryptocurrencies such as Bitcoin and Ethereum struggling. Bitcoin price has just dropped to under $67,000, having failed to break a major resistance level, and Ethereum was also rejected at around $2,150. |