eyeing – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Sun, 03 Aug 2025 23:06:35 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 eyeing – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Ethereum Price Prediction: Post-Rally 13% Drop – Is ETH Eyeing Deeper Correction or New Highs? https://earlybirdsinvest.com/ethereum-price-prediction-post-rally-13-drop-is-eth-eyeing-deeper-correction-or-new-highs/ https://earlybirdsinvest.com/ethereum-price-prediction-post-rally-13-drop-is-eth-eyeing-deeper-correction-or-new-highs/#respond Sun, 03 Aug 2025 23:06:34 +0000 https://earlybirdsinvest.com/ethereum-price-prediction-post-rally-13-drop-is-eth-eyeing-deeper-correction-or-new-highs/

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Arslan Butt

Crypto Writer

Arslan Butt

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Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis…

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Ethereum’s latest retreat, a 13% drop from recent highs, marks its first weekly loss in over a month, breaking a steady uptrend that saw ETH testing multi-week highs. The correction, which briefly dragged prices below $3,400, has sparked debate: Is this a pause before a breakout, or the start of a more profound decline?

A fascinating counter-narrative has emerged: a whale bought $300 million of ETH, indicating they believe this dip is temporary.

On-chain data from Arkham Intelligence shows the massive purchase happened as prices were dropping – a “buy the dip” strategy from a high-conviction entity. This, as the broader market is reeling from macro pressures: a strong US dollar and weak non-farm payroll data, which triggered risk-off sentiment.

  • ETH price drop: -13% from July highs
  • Whale purchase: $300 million in ETH
  • Market cap: $422B
  • Trading volume: $28.8B (past 24h)

This divergence between price action and whale behavior suggests a potential reversal. While many traders are exiting on fear, the aggressive accumulation indicates a medium to long-term recovery outlook. It also comes as Ethereum is an institutional asset tied to upcoming ETFs and on-chain upgrades.

Ethereum (ETH) Price Tests Critical Zones

Ethereum price prediction is turning bullish as ETH is trying to recover from $3,374 – its lowest since early July. Price is testing the 0.236 Fib at $3,491, a level that was both support and resistance before.

A clean break above this could lead to $3,564 (38.2% Fib) and $3,623 (50%), with ultimate recovery at $3,681 (61.8%), which is also the 50-period SMA at $3,711.

Momentum is still weak. The 4-hour RSI is at 39, just below the 50 neutral zone. Without bullish divergence or volume confirmation, the price may stall at resistance.

A reversal candle (bullish engulfing) above $3,564 would add to the recovery. But rejection at $3,491 or $3,564 would be bearish and could drag ETH back to $3,374 or even $3,267.

Ethereum Trade Outlook: Watch the $3,564 Breakout

If ETH breaks above $3,564 with volume and a bullish candlestick, traders can target $3,681 and $3,765. This is Fibonacci and historical resistance, a high probability setup.

Trade Levels:

  • Entry: Above $3,565
  • Stop-Loss: Below $3,480
  • Targets: $3,681 / $3,765
  • Invalidation: $3,491 fails to hold

Bitcoin Hyper Presale Over $6.2M as Price Rise Nears

Bitcoin Hyper ($HYPER), the first BTC-native Layer 2 powered by the Solana Virtual Machine (SVM), has raised over $6.2 million in its public presale, with $6,278,761 out of a $21,644,097 target. The token is priced at $0.0115, with the next price tier expected to be announced soon.

Designed to merge Bitcoin’s security with Solana’s speed, Bitcoin Hyper enables fast, low-cost smart contracts, dApps, and meme coin creation, all with seamless BTC bridging. The project is audited by Consult and engineered for scalability, trust, and simplicity.

The golden cross of meme appeal and real utility has made Bitcoin Hyper a Layer 2 contender to watch in 2025. With staking, a streamlined presale, and a full rollout expected by Q1, $HYPER is gaining serious traction.


]]> https://earlybirdsinvest.com/ethereum-price-prediction-post-rally-13-drop-is-eth-eyeing-deeper-correction-or-new-highs/feed/ 0 51305 Goldman Sachs on the Prowl for Takeovers, Eyeing Up BNY Mellon, State Street and Other Institutions: Report https://earlybirdsinvest.com/goldman-sachs-on-the-prowl-for-takeovers-eyeing-up-bny-mellon-state-street-and-other-institutions-report/ https://earlybirdsinvest.com/goldman-sachs-on-the-prowl-for-takeovers-eyeing-up-bny-mellon-state-street-and-other-institutions-report/#respond Sun, 27 Jul 2025 21:43:39 +0000 https://earlybirdsinvest.com/goldman-sachs-on-the-prowl-for-takeovers-eyeing-up-bny-mellon-state-street-and-other-institutions-report/

Banking giant Goldman Sachs is looking to take over smaller financial institutions, with several firms already on its radar, the New York Post reports.

In an op-ed for NYP, finance journalist Charles Gasparino says that a CEO of a financial services giant revealed that, because of more lax regulations, banks are on the prowl for acquisitions.

Says the unnamed source,

“Because of the Fed’s supervisory relaxation, big bank deals are going to happen… Everyone is talking.”

Gasparino says that one possible takeover target for Goldman is State Street, the Boston-based financial services giant serving institutional investors with a market valuation of about $30 billion. A State Street spokesperson had no comment on the matter, however.

BNY, formerly known as Bank of New York Mellon, is reportedly another target for Goldman.

Goldman and BNY recently announced a joint venture to launch tokenized money market fund services using a blockchain developed by Goldman. Gasparino says the venture is the precursor to a merger later on.

According to “people close to Goldman,” a more immediate deal could unfold within the private credit or non-bank lenders space.

Besides looking to invest in smaller financial firms, Goldman is also bullish on US equities, while leaning bearish on US Treasury yields.

Due to a forecast of rate cuts coming earlier than expected, Goldman Sachs strategists raised their 12-month outlook for the S&P 500 index from 6,500 to 6,900. They also increased their year-end target from 6,100 to 6,600.

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]]> https://earlybirdsinvest.com/goldman-sachs-on-the-prowl-for-takeovers-eyeing-up-bny-mellon-state-street-and-other-institutions-report/feed/ 0 50019 US Federal agencies outline key risks for banks eyeing crypto custody https://earlybirdsinvest.com/us-federal-agencies-outline-key-risks-for-banks-eyeing-crypto-custody/ https://earlybirdsinvest.com/us-federal-agencies-outline-key-risks-for-banks-eyeing-crypto-custody/#respond Mon, 14 Jul 2025 22:57:33 +0000 https://earlybirdsinvest.com/us-federal-agencies-outline-key-risks-for-banks-eyeing-crypto-custody/

Three federal agencies of the United States government outlined the risks facing banks if they decide to custody crypto on behalf of their clients, according to a document published jointly by the agencies on Monday.

While the announcement said that the document “does not create any new supervisory expectations,” it could provide a framework for banks that are considering entering the crypto space, as some reports have suggested they are.

According to the document, titled “​​Crypto-Asset Safekeeping by Banking Organizations,” a bank’s risk assessment would include the ability to understand a complex and evolving asset class; the potential of liability if crypto assets were lost; and legal and compliance responsibilities associated with the Bank Secrecy Act and Anti Money Laundering regulations.

Excerpt from “Crypto-Asset Safekeeping by Banking Organizations.” Source: FDIC

“Providing crypto-asset safekeeping services may entail significant resources and attention,” it reads. The three federal agencies responsible for the document are the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC) and the Board of Governors of the Federal Reserve System.

Often, financial institutions use third parties to custody their crypto assets. Asset manager BlackRock, for instance, has used Coinbase and later Anchorage for the custody of its Bitcoin (BTC). BNY Mellon, the US oldest bank, also offers custody of digital assets for clients.

The document notes that banks are responsible “for the activities performed by the sub-custodian.” This advice could be significant in the future if a bank’s custodian is hacked and the crypto is lost.

The agencies write that audit programs are essential and should address the nuances of crypto assets, including key generation, controls related to the transfer and settlement of assets, and staff expertise. If the audit programs don’t exist within the bank itself, “management should engage appropriate external resources…to assess crypto-asset safekeeping operations.”

Related: Trump administration mulls ‘debanking’ executive order: WSJ

More favorable regulatory environment may appeal to banks

There have been indications that some banks are considering an entry into crypto. In May, The Wall Street Journal reported that a group of big banks was in “early talks” to issue a joint crypto stablecoin.

The banks may see the current regulatory environment as more favorable, especially as governing bodies have made a move into crypto easier. For instance, the Federal Reserve has eliminated the “reputational risk” criteria from its oversight of banks, which critics say was used to unfairly target crypto businesses.

Also in May, Acting Comptroller Rodney Hood wrote a letter to banks and federal savings associations saying they could buy and sell cryptocurrency that they are custodying at the direction of their clients. In 2025, the FDIC has undergone a “regulatory reset” and eased crypto restrictions for banks. 

Some native crypto companies are looking to go the opposite route: becoming a bank themselves. On July 2, Ripple, the creator of XRP (XRP), applied for a banking license with the OCC. Circle, the creator of stablecoin USD Coin (USDC), has done the same.

Magazine: Legal Panel: Crypto wanted to overthrow banks, now it’s becoming them in stablecoin fight

]]> https://earlybirdsinvest.com/us-federal-agencies-outline-key-risks-for-banks-eyeing-crypto-custody/feed/ 0 47653 Banco Santander eyeing crypto expansion with fiat-backed stablecoin https://earlybirdsinvest.com/banco-santander-eyeing-crypto-expansion-with-fiat-backed-stablecoin/ https://earlybirdsinvest.com/banco-santander-eyeing-crypto-expansion-with-fiat-backed-stablecoin/#respond Fri, 30 May 2025 00:07:29 +0000 https://earlybirdsinvest.com/banco-santander-eyeing-crypto-expansion-with-fiat-backed-stablecoin/

Banco Santander is exploring the development of a fiat-backed stablecoin and expanding its crypto offerings to retail clients, marking a potential new chapter in the bank’s digital asset strategy.

According to a May 29 Bloomberg News report, the initiative, still in its early stages, may include both US dollar and euro-pegged tokens.

Santander joins a cohort of major global banks, including JPMorgan and Citigroup, reassessing their role in the evolving digital currency landscape, following favorable regulatory shifts under President Donald Trump’s administration.

The bank’s digital subsidiary, Openbank, has applied for licenses to offer retail crypto services under the European Union’s Markets in Crypto-Assets (MiCA) regulation.

The move aligns with Santander’s strategy to expand its digital asset offerings and reflects a broader trend among European banks to engage with regulated crypto services.

The resurgence of interest in private stablecoins is tied to broader goals: strengthening the dollar’s global reach, improving payment infrastructure, and opening financial access to underserved communities.

EU regulators divided

However, while proponents see stablecoins as tools for innovation and inclusion, some traditional banking stakeholders remain wary.

The European Central Bank (ECB) has warned that the increasing presence of dollar-denominated stablecoins could undermine the euro’s dominance in the EU’s financial system.

ECB President Christine Lagarde has called for revisions to the MiCA regulation, arguing that the current framework may not sufficiently address the risks posed by these stablecoins.

Additionally, the ECB fears that a surge in dollar-backed stablecoins could shift European capital into US assets, potentially destabilizing EU banks and financial markets.

In contrast, the European Commission has downplayed these concerns, asserting that the existing MiCA regulations are robust enough to manage the risks associated with stablecoins.

Commission officials have emphasized that MiCA provides regulators with the authority to intervene if stablecoin issuers threaten financial stability. They argue that the ECB’s warnings may be overstated and that the current legal framework is adequate.

Santander’s deliberations signal growing acceptance of digital assets within traditional finance. Whether the bank ultimately launches a stablecoin or broadens crypto services to retail users, its actions could influence how other institutions navigate the emerging regulatory environment.

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