Author: Benjamin Lee
The sixth-largest bank in the US just announced a strategic partnership with Coinbase in a push to massively expand digital asset access for banking clients and institutional investors. PNC says it will allow customers to buy, hold and sell Bitcoin and crypto assets while also providing banking and treasury management services for Coinbase. In a press release, PNC says it will roll out an “initial offering” to enable the purchase and custody of crypto assets. “This partnership brings together PNC’s legacy of client service and innovation with the institutional-grade infrastructure of Coinbase’s Crypto-as-a-Service (Caas) platform to power secure, scalable crypto…
Ethereum price is at $3,640 amid some profit-taking deals. Despite some whales selling, institutional interest remains high and demand is absorbing the dump. Analysts say the ETH bull market remains intact. Ethereum has retreated slightly from its highs of $3,856 as it dips nearly 4% in the past 24 hours amid some profit-taking moves. But while the top altcoin changes hands at $3,640 at the time of writing, analysts maintain Ethereum is on a bullish course and that ETH still has room to explode. ETH sees strategic profit taking The $4,000 mark remains elusive for Ethereum in 2025, with the…
The XRP price is near its all-time high as altcoins see gains. XRP Ledger’s tokenized RWA grew 2,260% in six months, from $5 million to over $118 million. Other metrics and broader market developments add to the bullish outlook for XRP. Ripple’s XRP trades around $3.50 as it continues to hover near its all-time high, with price up 21% in the past week and over 66% in the past month. While the overall cryptocurrency bullish sentiment has helped, key network and ecosystem catalysts are emerging, including the XRP Ledger witnessing staggering growth in tokenized real-world assets (RWAs) over the past…
Analyst and trader Michaël van de Poppe is warning that the top two crypto assets by market cap may have deeper corrections as markets trade lower with new US data showing a rise in inflation. Van de Poppe tells his 795,100 followers on the social media platform X that after Bitcoin (BTC) printed new all-time highs and Ethereum (ETH) surged into the $3,000 range, the digital assets will likely start trending lower based on historical precedent. “Classic move on the markets here. Likely we’re going to be seeing some more downside on Bitcoin and Ethereum to squeeze out the longs.…
The top US-based crypto exchange by trading volume is helping pump up a popular Solana (SOL)-based memecoin platform with its latest listing. According to a new announcement from Coinbase, pump.fun (PUMP) is the latest altcoin to be added to the exchange’s suite of digital assets. “Pump.fun (PUMP) is now live on Coinbase.com and in the Coinbase iOS and Android apps with the Experimental label. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” Pump.fun has gained popularity as a platform that allows users to create and trade original memecoins without the burden of coding.…
An analyst who has earned the “Master Trader” rank on the crypto exchange Bybit believes more rallies are in store for two meme assets. Pseudonymous trader Bluntz tells his 324,600 followers on the social media platform X that he thinks the memecoin Pudgy Penguins (PENGU) will rise about 66% from current levels before completing a five-wave surge. Bluntz practices the Elliott Wave theory, which states that a bullish asset tends to witness a five-wave rally. Says the trader, “PENGU has been a standout leader over the last week, now looking like it’s in quite an obvious wave three to the…
A leading digital asset investing research firm is attempting to answer the question of whether or not Bitcoin (BTC) has further upside to go. In a new analysis posted to the social media platform X, Swissblock says that the BTC Fundamental Index can answer that question. “If you’re questioning whether Bitcoin still has upside — this is the only chart you need to see: On-chain fundamentals have flipped back to strength.This move isn’t just speculation. Sustained upside is now structurally supported. Higher.” Source: Swissblock/X BTC is worth $119,154 at time of writing, up nearly 10% in the last week. Moving…
Venture capitalists are forming a new firm based on accumulating stablecoin-focused crypto project Ethena (ENA). Special purpose acquisition company TLGY Acquisition, announced early on Monday that it had entered into an agreement for a business combination with StablecoinX Assets. The two companies agreed to a roughly $360 million private investment in public equity (PIPE), including a $60 million investment from the Ethena Foundation itself, plus contributions from other high-profile investors in the space like Pantera Capital, Galaxy Digital, Wintermute and more. According to the press release, the VCs believe in “large-scale ENA accumulation” in order to provide shareholders exposure to…
The largest crypto exchange platform in the world by trading volume is announcing an airdrop for a new Ethereum (ETH)-based altcoin. In a new announcement, Binance says it is adding Caldera (ERA), an application that allows the development of ETH-based layer-2 scaling solutions, to its HODLer Airdrops program. “Binance is excited to announce the 27th project on the HODLer Airdrops page – Caldera (ERA). It is the internet of rollups, an ecosystem of modular, interconnected, and customizable chains.” The HODLer Airdrops program, which launched in 2024, rewards investors holding BNB – the native digital asset of the crypto exchange –…
A widely followed crypto analyst says that one Solana (SOL)-based altcoin that has already seen massive gains looks poised to skyrocket further while updating his outlook on two other popular memecoins. In a new strategy session, pseudonymous crypto trader Bluntz tells his 325,100 followers on the social media platform X that the native asset of the Pudgy Penguins (PENGU) non-fungible token (NFT) collection appears ready to spark a rally despite already gaining 300% this month. “Nice 18% dip here on PENGU, that should be more than enough in a strong uptrend like this. Should start pushing into fresh highs again…