Cryptocurrency
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X @Decrypt
Decrypt· 2025-12-09 17:55
PNC Bank debuted a service allowing millions of Americans to trade Bitcoin on its banking platform, broadening access through Coinbase. https://t.co/bKUEOh2IBo ...
X @CoinDesk
CoinDesk· 2025-12-09 17:35
RT CoinDesk Podcast Network (@CoinDeskPodcast)📊 @fundstrat's BitMine Immersion added 138,500 ETH last week, lifting its treasury to 3.86M ETH, more than 3.2% of the circulating supply.@jennsanasie brings you "Chart of the Day," presented by @cryptocom. https://t.co/YJWzGU6nnG ...
Crypto Shorts Get Rekt as Bitcoin, Ethereum and XRP Spike Ahead of Fed Decision
Yahoo Finance· 2025-12-09 17:04
Core Insights - Major cryptocurrencies, including Bitcoin, are experiencing significant price surges ahead of the Federal Reserve's anticipated interest rate cut, leading to a liquidation of short positions [1][5][6] Price Movements - Bitcoin is trading above $94,400, marking its highest price since mid-November, with a 5% increase in the last 24 hours and a 4% rise over the week [2] - Ethereum has seen an 8% daily increase, reaching $3,359, resulting in a weekly gain of over 16%, the largest among the top 10 cryptocurrencies [3] - Other altcoins like XRP, Solana, and Dogecoin have also recorded daily increases of approximately 5%, 6%, and 6% respectively [3] Liquidation Events - Over $376 million in positions have been liquidated in the last day, with shorts accounting for $297 million of this total [5] - Bitcoin positions impacted by liquidations amount to about $153 million, while Ethereum accounts for $110 million [5] - The current liquidation trend is unusual as it primarily affects short positions, contrasting with previous months where long positions were more frequently liquidated [4] Market Sentiment - Traders are optimistic about Bitcoin reaching $100,000 before falling to $69,000, with an 80% probability assigned to this outcome [7] - The upcoming Federal Open Markets Committee meeting is expected to result in a 25 basis points rate cut, which typically benefits risk assets like cryptocurrencies [5][6]
PNC Bank Launches Direct Bitcoin Trading via Coinbase Crypto-as-a-Service
Yahoo Finance· 2025-12-09 17:03
US banking giant PNC Bank has launched direct Bitcoin trading for qualified institutional clients, making it the first major US-based banking firm to do so. PNC Bank is the ninth-largest US bank by assets as of Q3, 2025. The firm has partnered with Coinbase, the second largest cryptocurrency exchange by volume, to launch its direct trading services. According to a Nov. 9 press release, approved PNC Private Bank clients can now buy, sell, and hold Bitcoin directly through their accounts on PNC’s digital b ...
X @Binance
Binance· 2025-12-09 16:42
RT Binance VIP & Institutional (@BinanceVIP)#Binance and botim money (@Botim_Official) have signed a MoU to advance safe and compliant digital asset access in the UAE 🇦🇪Both organizations are dedicated to driving broader digital financial inclusion across the region and will explore ways to provide communities with simplified and secure access to digital assets through safe, regulated channels.https://t.co/Fu1yUog7FB ...
Coinbase Down 12% From November Peak as Crypto Exchange Faces Growing Skepticism Over Revenue Sustainability
247Wallst· 2025-12-09 16:40
Shares of Coinbase (NASDAQ:COIN) have fallen 11% in the last month, coinciding with a sharp turn in retail investor sentiment across Reddit and X. ...
X @Whale Alert
Whale Alert· 2025-12-09 16:35
🚨 🚨 🚨 553 #BTC (51,748,728 USD) transferred from unknown wallet to Coinbase Institutionalhttps://t.co/SHCwwl0vR2 ...
X @Whale Alert
Whale Alert· 2025-12-09 16:30
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 199,939,990 #USDT (200,024,464 USD) transferred from unknown wallet to unknown wallethttps://t.co/9MJ73u72Mr ...
X @Whale Alert
Whale Alert· 2025-12-09 16:13
🚨 🚨 🚨 553 #BTC (51,500,971 USD) transferred from unknown wallet to Coinbase Institutionalhttps://t.co/gx0xzDOoXI ...