Italy's largest bank, Intesa Sanpaolo, more than doubled its cryptocurrency holdings from $100 million in Q4 2025 to $235 million by the end of Q1 2026. The bank entered new positions in Ethereum via BlackRock’s iShares Staked Ethereum Trust and in XRP through the Grayscale XRP Trust, while also increasing Bitcoin holdings through multiple ETFs. It sharply reduced its Solana exposure but boosted investments in crypto infrastructure stocks like Coinbase and BitGo. This move signals a strategic shift toward expanding its digital asset portfolio for proprietary trading purposes, with Ripple recently providing custody services for its XRP holdings.
Bitcoin fell below $60,000 this week due to continued outflows from U.S. spot bitcoin ETFs, a hawkish Federal Reserve, and a stronger U.S. dollar, which made crypto more expensive for foreign buyers. Major cryptocurrencies like ether, XRP, and solana...
Standard Chartered forecasts the AAVE token, linked to the largest decentralized lending protocol, to reach $3,500 by 2030, implying a roughly 50-fold increase from current prices. This bullish outlook is part of a broader prediction including Bitcoi...
Ethereum is trading around $1,600, about 21% below its 30-day high, reflecting ongoing market caution. Two large whale wallets recently withdrew nearly $59 million in ETH from Kraken and Bitgo, hinting at possible institutional accumulation. Meanwhil...
Since its peak in October 2025, the cryptocurrency market has lost over $2.2 trillion in value, dropping from $4.27 trillion to $2.02 trillion by June 2026. Bitcoin fell 53% from its all-time high of $126,200 to $59,000, while Ethereum declined 67%. ...
The Ethereum Foundation announced a nearly 40% budget cut and laid off about 20% of its staff, coinciding with the launch of EthLabs, a new Ethereum-focused research group supported by key ecosystem players. This move has sparked debate about Ethereu...
