Key Crypto Industry Highlights Today
February 12 brought several major developments from midday to evening in the crypto space. Here's a summary of the most important events of the day:
- UBS Boosts BTC Exposure by 300% via IBIT: Global investment bank UBS increased its BTC exposure through its Bitcoin ETF product IBIT, signaling continued institutional interest in crypto assets.
- Platform Completes $1 Billion Bitcoin Purchase Plan: According to an official announcement, a leading exchange successfully completed its $1 billion Bitcoin buying program, which is expected to strengthen reserves and boost user confidence.
- US Banking Lobby Urges Slowdown in Crypto Company Bank Charter Approvals: To mitigate potential financial risks, US banking interest groups are pushing regulators to slow down the review process for bank charters requested by crypto companies.
- Ethereum Staking Report Shows Over 60% of ETH Locked in Contracts: The latest data reveals more than 60% of Ethereum's total supply is now locked in ETH2 staking contracts, indicating growing long-term confidence and improved network stability.
- US Media Reports Treasury Secretary Struck Deal with Senate Over Fed Chair Nomination: According to US media, the Treasury Secretary agreed to a Senate-led investigation into a key figure in exchange for approval of the Federal Reserve Chair nomination.
- Users Can Participate in Token Airdrop at 21:00 Tonight: Users holding a specific amount of platform points can join a token airdrop at 9 PM tonight. Please refer to official platform announcements for detailed instructions.