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Upbit announced the addition of JTO to its KRW market, with trading commencing at 14:30 local time, on Fenruary 21.

Earlier today, the cryptocurrency market witnessed a dramatic surge in the price of JTO, the native token of Jito, following the news that Upbit would list JTO for trading on its Korean won market at 14:30 KST.

JTO, the native token of Jito, has spiked 30% since Upbit announced it will be listing the Solana-based coin on Feb. 21 at 14:30 KST.

According to meeting notes published this past Friday, the discussion focused on how staking could benefit investors and strengthen blockchain security. The SEC is currently reviewing multiple proposals for Solana ETFs as asset managers rush to bring alternative crypto ETFs to market.

The newly established Crypto Task Force by the U.S. Securities and Exchange Commission (SEC) met with the CEOs of Jito Labs and Multicoin Capital, which has led to positive momentum for Jito's native token, JTO. The discussion during the meeting centered on the possibility of incorporating staking into crypto exchange-traded products (ETPs), which could have significant implications for the crypto industry.

The SEC's latest outreach programme is already having a significant impact on the markets.

The U.S. Securities and Exchange Commission (SEC) Crypto Task Force has begun considering whether staking should be allowed in crypto exchange-traded products (ETPs) after meeting with Jito Labs and Multicoin Capital on February 5, 2025.

Litecoin (LTC), Jito (JTO), and Bittensor (TAO) added between 17% and 22% to their values in the past seven days, according to CoinGecko data. Bitcoin's resilience and the market-wide recovery in crypto has paved the way for gains in altcoins.

The U.S. SEC reassessed its stance on crypto staking under former chair Gary Gensler, signaling willingly to include the feature in ETFs.

The SEC's engagement with crypto firms on staking in ETPs could reshape investment strategies and enhance blockchain network security. The post SEC's Crypto Task Force engages with Jito Labs, Multicoin Capital on staking for crypto ETPs appeared first on Crypto Briefing.

In a recent update, the U.S. Securities and Exchange Commission (SEC) recently met with Jito Labs and Multicoin Capital to explore an exciting possibility – adding staking to exchange-traded products (ETPs). This meeting is part of the SEC's ongoing push to shape a clear and structured regulatory framework for cryptocurrency investments.

The U.S. Securities and Exchange Commission (SEC) held a meeting with Jito Labs and Multicoin Capital to discuss the potential inclusion of staking in exchange-traded products (ETPs). This discussion was part of the SEC's ongoing efforts to establish a clear regulatory framework for cryptocurrency investment products.

Jito Labs and Multicoin Capital argue staking would benefit investors and bolster the security of the underlying blockchain.

Jito (JTO), the liquid staking protocol on the Solana (SOL) network, has recently seen a notable surge in price, driven by an increase in network activity and technical momentum. The coin broke above the crucial $2.90 resistance level, signaling a potential for continued upward movement.

Solana-based liquid staking protocol Jito thrives amidst the prevailing broad market uncertainty. JTO has recorded price surges with increased network activity, confirming a flourishing ecosystem. The altcoin trades at $3.11. Notably, the latest surge propelled JTO past a key descending wedge pattern.

Jito breaks out of a falling wedge, confirming a bullish breakout as Open Interest rises by 6.46% on major exchanges.

Crypto prices bounced back this week even after the US published strong inflation data, raising concerns that the Federal Reserve will maintain higher interest rates for longer. Bitcoin price held steady above the support at $96,000, while the total market cap of all coins jumped to over $3.2 trillion.

Jito (JTO) has garnered attention in the crypto market, especially after its role in the Solana blockchain's liquid staking ecosystem. The coin's price has seen a range of fluctuations, with analysts predicting a notable rise in value in the coming years.

Cardano has been a popular cryptocurrency with over $15.6 billion in staked volume and millions of holders. Yet ADA has been a laggard in the crypto industry, with its price being 76% below its all-time high, and its ecosystem lagging that of other layer-1 blockchains.

Here is how some of your favorite assets concluded the week.

The altcoin market witnessed intense growth in January following Donald Trump's return to the White House. In January, the Official Trump meme coin gained significant spotlight as it recorded multiple ATHs in a few hours. As a result, January was a rocky month for the market.

The cryptocurrency market edged lower, with total market capitalization dropping 1.3% to $3.74 trillion amid continued volatility. As uncertainty grows, investors are increasingly turning to altcoins to diversify portfolios and capitalize on potential growth opportunities.

With Bitcoin (BTC) rebounding after the Federal Reserve's decision to hold interest rates steady, market sentiment has turned bullish once again following a broader sell-off. Amid this recovery, specific altcoins are showing strong upside potential.

Ethereum price has been a major laggard in the crypto market this year as it remains in a technical bear market. While ETH typically rebounds in February, investing in quality Ethereum rivals may be a good option to generate strong returns and diversify a portfolio.