- CoinGape Newsletter
- Posts
- Crypto Pulse Daily: Ethereum Foundation Deploys 70,000 ETH Into Staking as Futures Open Interest Surges
Crypto Pulse Daily: Ethereum Foundation Deploys 70,000 ETH Into Staking as Futures Open Interest Surges
Crypto Moves Faster. Stay Ahead With Bold Insights, Every Day.
CoinGape Newsletter
February 24, 2026
The Hong Kong-based crypto exchange, HashKey, has announced a new tool for its institutional investors, which will help them with the issuance of real-world assets, also known as RWAs. The announcement comes at a time when demand for tokenization is on the rise.
The Ethereum Foundation on Tuesday said it has officially started in-house staking and plans to stake 70,000 ETH in the coming weeks as part of its treasury policy. This sparks massive buying in the derivatives markets as open interest bounces.
 XRP price retreated to $1.33 as Clarity Act approval odds dropped to 53%, raising concerns among traders. The XRP continued its weekly decline moving below the critical level of support of $1.40, indicating the increasing bearish pressure. Broader market sentiment weakened as the crypto sector declined 3.24% to $2.19 trillion over the past 24-hours. This decline came after the Trump administration announced a new tariff of 15%. |  COIN stock price remained in a technical bear market this month as the crypto market crash continued, and after it reported a big loss. It has retreated from the from last year’s high of $443 to the current $162. This retreat may continue as geopolitical risks rise, with odds of a Trump strike on Iran rising. |