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Switzerland’s PostFinance AG bank introduces Ethereum staking

  • PostFinance AG launches Ethereum staking, expanding its crypto service offerings.
  • The move aligns with rising global crypto adoption and Switzerland’s crypto-friendly stance.
  • The US political shift under Trump is expected to boost crypto market stability and growth.

In a pioneering move that underscores the growing integration of cryptocurrencies into traditional banking, Switzerland’s state-owned PostFinance AG has launched Ethereum staking services.

This move comes at a time when the global financial landscape is witnessing a significant embrace of digital assets, particularly with expectations of a transformative year for cryptocurrencies in 2025.

PostFinance AG’s forays into crypto

PostFinance AG, already known for its progressive steps in the crypto sector, has taken its commitment a step further by allowing its clients to stake Ethereum, thereby participating in the validation of transactions on the Ethereum blockchain and earning additional tokens.

The Ethereum staking initiative reflects the bank’s strategy to expand its cryptocurrency services, building on its introduction of crypto trading and custody services in the previous year.

By offering staking, PostFinance is not only catering to the growing demand from investors looking for passive income through digital assets but is also setting a precedent for how traditional banking can coexist with the decentralized ethos of blockchain technology.

Leveraging the political shift in the US

This move by PostFinance is particularly timely. With the recent political shifts in the United States, where President-elect Donald Trump is set to begin his second nonconsecutive term, there’s a palpable optimism around regulatory changes that could further legitimize and stabilize the crypto market.

Trump, heralded as the first truly pro-crypto president, is expected to influence a more favourable environment for digital currencies, both domestically and internationally.

Moreover, the enthusiasm for cryptocurrencies within Switzerland itself seems to be on an upward trajectory. This is evidenced by recent proposals suggesting that the Swiss National Bank should consider purchasing and holding Bitcoin as part of its strategic reserves.

Such a policy, if implemented, would mark another significant milestone in the acceptance of cryptocurrencies by state institutions, potentially catalyzing further adoption across Europe.

The introduction of staking by PostFinance AG is also a clear indicator of the bank’s vision for the future of finance. By integrating blockchain technology into its operations, PostFinance is not only providing its customers with new investment opportunities but is also preparing for a future where digital assets might play a more central role in the global economy.

The bank’s announcement also hinted at plans to introduce staking for other tokens soon, suggesting a broader strategy to solidify its position in the crypto space.

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iDEGEN fires on all cylinders as Bitcoin, Ethereum struggle

Bulls remain in control of the broader cryptocurrency market as investors’ optimism remains pegged on crypto-friendly policy measures, heightened adoption of these digital assets, and central banks’ strategic reserves. Even so, crypto majors have largely stalled in the absence of an immediate catalyst. 

Amid the pullback, meme coins and particularly AI projects have shown immense growth and indismissible opportunities. iDEGEN, a unique social experiment is one such project. Even before hitting the public shelves, it has the potential to give the likes of Fartcoin and AI16z a run for their money. 

Bitcoin’s under pressure from bets on fewer rate cuts

Bitcoin price rebounded on Tuesday after testing the crucial support zone of $90,000 in the previous session. As at the time of writing, the top crypto was at $96,485 as it finds support along the 50-day EMA while hovering around the short-term 20-day EMA. 

While the bulls are still in control, higher Treasury yields have prompted a sell-off of riskier assets like cryptocurrencies. On Monday, the benchmark 10-year Treasury yields rose to 4.80%, a level last recorded in October 2023.

The stronger-than-expected US jobs data released late last week further pointed to the Fed easing on its rate cuts in 2025. Notably, riskier assets like cryptos thrive in an environment of lower interest rates.

In the near term, the range between $93,010 and $97,500 will be worth watching. Beyond that level, the bulls will likely face resistance at $98,500. On the flip side, a pullback past the range’s support zone may see BTC/USD drop to $92,225. 

Bitcoin Price Chart
Bitcoin Price Chart

Bitcoin price chart | Source: TradingView

iDEGEN marks a new phase for AI meme coins

As artificial intelligence revolutionizes the crypto market, iDEGEN is marking a new era for AI meme coins. In fact, based on its virality and potential, some analysts view it as a “Bitcoin equivalent”. 

Unlike other projects, it started on a blank slate with no restrictions or guardrails. By relying on degens to learn, adopt, and formulate tweets, iDEGEN has evolved into a viral sensation whose growth surpasses its creators’ wildest imaginations. 

So aggressive is the movement that not even a ban on X could curtail it. Based on its virality and active community, the project has the markings of a crypto that will evolve from being a mere joke to a billion-dollar asset. 

With this immense potential, a rising number of savvy investors are amassing $IDGN tokens with just a few weeks left before its listing on 27th February. Since its launch on 26th November 2024, the project has already raised over $16 million. 

Early adopters are already sitting on hefty returns at its current price of $0.01. Compared to its initial price of $0.00011, $IDGN holders have raked in 8,991% in returns. At this pace, there are no signs of iDEGEN slowing down. Learn more about iDEGEN here

Ethereum records surge in outflows amid a shift in investor sentiment 

Ethereum price

ETH price chart | Source: TradingView

After the Bitcoin-led selloff that saw Ethereum price momentarily drop below the crucial zone of $3,000 on Monday, the altcoin rebounded to trade at $3,191 as at the time of writing.  A look at its daily chart highlights the formation of the bearish death cross with the short-term 20-day EMA crossing below the medium-term 50-day EMA to the downside. 

Besides, ethereum price remains under pressure from the recent surge in outflows. According to SoSoValue, ETH spot ETF recorded daily net outflows of $39.43 million on 13th January. Topping the list was Grayscale Ethereum Trust EFT (ETHE) with a daily net outflow of $14.49 million and cumulative net outflows of $3.70 billion. At the same time, its Mini Trust (ETH) had daily net outflows of $37.84 million.

In the near term, ethereum price will likely hover around $3,150 as bulls strive to defend the support level of $3,000. Even with furthe rebounding, it will likely face significant resistance at $3,320.  

 

 

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Ethereum to rebound as iDEGEN remains on track to a billion-dollar valuation


Bullish pattern signals Ethereum price rebound

The road has been rather rough for the bulls since Ethereum hit a fresh three-year high in mid-December last year. Since then, it has declined by over 20% as the gains recorded in the past two weeks were reversed in the current week.  

Even so, the bulls remain in control as the support level along $3,200 remains steady. Indeed, a look at its weekly chart signals a rebound. To start with, Ethereum price continues to trade above the 20 and 50-day EMAs. 

Besides, the formation of the bullish inverted head and shoulder pattern indicates that ETH/USD may have completed its short-term bottom. In the near term, the altcoin will likely trade within a range of between $3,200 and $3,850 as the bulls gather enough momentum to retest and surpass the psychologically crucial zone of $4,000. 

Ethereum price

Ethereum price chart : Source: TradingView

iDEGEN: An AI wave that every savvy investor should ride

The creators of iDEGEN were keen on coming up with a project that is for the community, by the community. However, not even them could imagine the extent of its reach. 

Since its launch in late November 2024, this one-of-a-kind social experiment has relied on degens on Crypto Twitter to learn, adapt, and generate tweets every 60 minutes. It is this aggressive and active community that has resulted in the project’s virality with over 1.3 billion $IDGN tokens already sold. 

Indeed, no one could have imagined the extent of iDEGEN’s reach less than 7 weeks into its launch. Its growth has been so aggressive that X recently banned it from the platform on the basis of “violence speech”. 

However, with the huge active crowd that has embraced the project as its own, not even the ban could curb this AI evolution. In fact, it has further fueled its virality; enabling the project to raise over $16 million as at writing.

Savvy investors understand that they cannot afford to be locked out of this one-of-a-kind money-making opportunity. In less than 7 weeks, the returns are at over 72,000%. This means that the early adopters are already sitting on huge gains as the token prepares to hit the public shelves. Besides, with AI meme coins like ai16z and Fartcoin having set the stage, iDEGEN is set to bloom into a top token with a market cap of over $1 billion.  You can buy the iDEGEN token here.

Shiba Inu under pressure from budding meme coins 

In a span of one month, Shiba Inu price has dropped by about 35% as savvy investors shift their focus to budding meme coins. Besides, the neutral market sentiment has eased the Bitcoin-led rallying that had the altcoin surge to a 9-month high in December 2024. 

On the one hand, Shiba Inu remains one of the top meme coins with a market cap of over $12 billion. However, it has a long way to go in retesting its all-time high hit in October 2021 at $0.00008616. 

On its daily chart, the bollinger bands point to short-term range-bound trading of between $0.00002000 and $0.00002244. To further support this thesis, the meme coin is trading below the 20 and 50-day EMAs with the two MAs having formed a bearish death cross pattern in late December 2024. Besides, with an RSI of 43, its price movements may be rather subtle. 

Shiba inu price
Shiba inu price

Shiba Inu price chart by TradingView

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Ethereum ETFs inflows surge as Bitcoin ETFs see major outflows

  • Ethereum ETFs inflows are outdoing Bitcoin ETF inflows.
  • BlackRock’s iShares Ethereum Trust (ETHA) ETF leads with a $89.51M inflow on Dec 23, 2024.
  • This Market shift may signal an altcoin season in 2025.

In a surprising turn of events in the cryptocurrency market, Ethereum spot ETFs have been experiencing significant inflows, overshadowing the outflows noted in Bitcoin ETFs.

On December 23, 2024, Ethereum ETFs recorded a net inflow of $130.8 million, with BlackRock’s iShares Ethereum Trust (ETHA) ETF leading with $89.50 million and Fidelity’s Ethereum ETF (FETH) adding $46.40 million according to Coinglass data. In stark contrast, Bitcoin ETFs saw outflows totalling $226.50 million on the same day.

This trend has been consistent over recent weeks. For instance, on December 12, Ethereum spot ETFs had a cumulative net inflow of $273.70 million, continuing their streak of 14 consecutive days with positive inflows. BlackRock’s ETHA ETF alone saw a single-day net inflow of $202.30 million, while Grayscale’s Ethereum ETF (ETH) contributed $73.20 million.

Ethereum ETFs inflows
Source: Coinglass
Bitcoin ETFs inflows
Source: Coinglass

The shift signals a possible start of an altcoin season

Bitcoin ETFs, despite having higher trading volumes, have been facing outflows, suggesting a possible shift in investor sentiment towards Ethereum.

Market analysts speculate that this could signal the onset of an ‘altcoin season’, where investors might be diversifying their portfolios beyond Bitcoin, with ETH leading the pack.

This shift in investment flow is particularly notable as it comes at a time when Bitcoin has been dominating headlines with its price performance, reaching over $108,000 earlier in December.

The underlying reasons for this trend might include Ethereum’s growing ecosystem, particularly in decentralized finance (DeFi) and non-fungible tokens (NFTs), which could be attracting investors looking for dynamic growth opportunities.

Additionally, the regulatory environment under the incoming administration might be perceived as more favourable for Ethereum, given its broader use-case applications beyond just being a store of value like Bitcoin.

This development raises questions about the future direction of crypto investments. While Bitcoin has long been the bellwether of the crypto market, Ethereum’s recent performance in the ETF space might hint at a rebalancing of investor interest, potentially leading to more balanced growth across different cryptocurrencies in 2025.

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CryptoQuant places Bitcoin’s cycle peak at $146,000 as Ethereum enters ‘second bull market’; which undervalued crypto will lead the next bull run?

The ongoing bull cycle has caused a notable rise in activity in the crypto market. For Bitcoin, CryptoQuant projects a $146,000 cycle high. In the meantime, the firm predicts Ethereum to follow a historical pattern in its MVRV Ratio to enter a second bull market. Despite the positivity in the top two cryptocurrencies, a growing number of investors are rushing into Rexas Finance instead. At just $0.125, many analysts believe this undervalued crypto could lead the next bull market run.

CryptoQuant Projects $146,000 for Bitcoin Cycle Peak

According to crypto-analytic outfit, CryptoQuant, Bitcoin’s price cycle could peak at around $146,000. The firm claims to get this projection from the average acquisition cost of Bitcoin across the network—the realized price valuation. With Bitcoin reaching comparable highs in 2021, the realized price has been a decent gauge of market cycle peaks. Meanwhile, several macroeconomic events, institutional adoption’s ongoing upward momentum, and Bitcoin ETF interest might drive BTC above $146,000 this cycle. It is important to note that Bitcoin’s path is rocky. Geopolitical conflicts and unfavorable legislation, among other market elements, could possibly stop Bitcoin from reaching the projected high.

BTC trades at $95,685 as of this writing, down just 2% over the previous day. Should the crypto market remain favorable, Bitcoin’s ascent might quicken, dragging Ethereum and other altcoins behind it.

Ethereum Enters ‘Second Bull Market’

According to a CryptoQuant analyst, Ethereum’s second bull market appears to be in shape. The forecasts show that at $4,000 in Q1 2024, the second bull run will be noticeably more dramatic than the first. The analyst pointed to a similar MVRV Ratio in the Ethereum price chart. During the year’s first quarter, the indicator surged to a really high level as the price surge was in progress. However, the indicator cooled back down in the bearish consolidation that followed the run, returning to the neutral 1 level.

The MVRV Ratio has once more reversed upward with the most recent increase in cryptocurrencies. Interestingly, the quant on the chart also observed this trend during the previous two bull markets. Both runs comprised two periods in which the Ethereum MVRV Ratio peaked, and a cooldown occurred in between. ETH trades at $3600 as of this writing, a 2% drop over the last day. Analysts project Ethereum may end this period above $10,000. 

Rexas Finance (RXS): The Undervalued Altcoin Set to Lead the Next Bull Run

In the heart of Ethereum’s second bull market and Bitcoin’s expected rise, Rexas Finance is an undervalued cryptocurrency that could lead the next altcoin boom. By tokenizing real-world assets (RWAs), Rexas Finance is revolutionizing asset management with liquidity, global access, and fractional ownership. Rexas Finance opens up previously closed markets by turning illiquid assets like real estate, commodities, and art into digital tokens. With a few RXS tokens, a user can acquire fractional ownership of these highly valued assets from anywhere in the world, removing the high entry costs and geographic restrictions commonly seen in traditional sectors. 

The project’s presale went quickly. Rexas Finance sold 290 million RXS tokens and raised $20.75 million in the first eight presale phases in three months. In Stage 9, the token price is $0.125 and predicted to rise to $0.150. With its fast presale, Rexas Finance is drawing attention. After the presale, RXS will be listed on at least three of the top 10 cryptocurrency exchanges, increasing its liquidity and market exposure. Rexas Finance’s platform offers new and existing users unique value with many features. Regardless of technical ability, anyone may construct digital tokens with the Rexas Token Builder. Rexas Launchpad fosters innovative blockchain ventures, while Rexas GenAI generates unique digital artworks using AI to make NFTs easier to develop. These technologies and Rexas Finance’s focus on security and compliance make it a user-friendly and powerful asset tokenization solution. 

The Rexas Finance ecosystem encourages transparency and security. The platform’s Certik audit, which verifies smart contracts and code security, increases investor confidence. The project’s recent placement on CoinGecko and CoinMarketCap gives investors easy access to performance information and analysis, boosting its reputation. The project has huge market potential and price potential, enough to lead the next bull cycle. Real estate is worth $379.7 trillion, art and collectibles $65 billion, and financial assets $486 trillion. Rexas Finance plans to enter these massive markets by offering fractional ownership and tokenized access to these assets, giving common investors additional global market possibilities. The presale’s quick growth shows growing interest in tokenized real-world assets, and Rexas Finance is well-positioned to lead the next bull run with lower transaction costs and higher liquidity. 

Conclusion

With Bitcoin forecast to reach $146,000 and Ethereum’s second bull market underway, the next major cryptocurrency rise may be imminent. By tokenizing assets, Rexas Finance is becoming a serious challenger. Its speedy presale and rapid crypto growth make it a great investment for those looking to capitalize on the next round.  And what is more? Rexas Finance is running a $1 million giveaway, with the top 20 participants winning $50,000 worth of RXS. Jump on the project now to increase your chance of winning. 

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

Win $1 Million Giveaway: https://bit.ly/Rexas1M

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

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