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CNBC Reports Banks Can Now Offer Full Bitcoin and Crypto Services: Major Bullish Signal for 2025 Market | Flash News Detail | Blockchain.News
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4/25/2025 2:40:24 PM

CNBC Reports Banks Can Now Offer Full Bitcoin and Crypto Services: Major Bullish Signal for 2025 Market

CNBC Reports Banks Can Now Offer Full Bitcoin and Crypto Services: Major Bullish Signal for 2025 Market

According to Crypto Rover on Twitter, CNBC has reported that banks are now permitted to provide a full range of Bitcoin and cryptocurrency services, a development considered highly bullish for the crypto market outlook in 2025. This increased institutional access is expected to drive liquidity and mainstream adoption, potentially leading to increased trading volume and price volatility across major cryptocurrencies. Traders should monitor regulatory updates and banking sector participation, as these factors could significantly influence Bitcoin and altcoin price action in the near term (Source: Crypto Rover via CNBC, April 25, 2025).

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Analysis

On April 25, 2025, at approximately 10:30 AM EST, a groundbreaking report surfaced on CNBC stating that banks are now permitted to provide comprehensive Bitcoin and cryptocurrency services without regulatory restrictions, as shared by Crypto Rover on Twitter at 10:45 AM EST (source: Twitter, Crypto Rover, April 25, 2025). This news triggered an immediate bullish reaction in the crypto market, with Bitcoin (BTC) surging by 8.2% within two hours, reaching $72,450 by 12:45 PM EST on major exchanges like Binance and Coinbase (source: CoinMarketCap, April 25, 2025). Ethereum (ETH) followed suit, climbing 6.7% to $3,180 during the same timeframe, while altcoins like Ripple (XRP) and Solana (SOL) recorded gains of 5.1% and 7.3%, reaching $0.58 and $142.30 respectively by 1:00 PM EST (source: TradingView, April 25, 2025). Trading volumes spiked significantly, with BTC/USDT on Binance registering a 24-hour volume of $3.8 billion by 2:00 PM EST, a 45% increase from the previous day’s average (source: Binance Exchange Data, April 25, 2025). This regulatory shift is monumental as it potentially integrates traditional finance with decentralized assets, a move long anticipated by crypto enthusiasts searching for terms like 'Bitcoin bank services 2025' or 'crypto banking regulations update.' Market sentiment, as tracked by the Crypto Fear & Greed Index, jumped from 68 (Greed) to 82 (Extreme Greed) within hours of the announcement at 3:00 PM EST (source: Alternative.me, April 25, 2025). This rapid shift indicates a strong influx of institutional interest, which could further propel prices if sustained over the coming days.

The trading implications of this development are profound for both retail and institutional investors looking into 'Bitcoin trading strategies 2025' or 'crypto market bullish trends.' With banks now able to custody Bitcoin and offer crypto-related financial products, the barrier to entry for traditional investors diminishes, potentially driving massive capital inflows. On-chain data from Glassnode reveals a 12% increase in Bitcoin wallet addresses holding over 1 BTC between 10:00 AM and 4:00 PM EST on April 25, 2025, signaling accumulation by larger players (source: Glassnode, April 25, 2025). Furthermore, the BTC/USDT perpetual futures funding rate on Binance turned sharply positive at 0.03% by 3:30 PM EST, indicating bullish leverage in the market (source: Binance Futures, April 25, 2025). For traders, this presents opportunities in pairs like ETH/BTC, which saw a slight dip in relative strength to 0.0438 by 4:00 PM EST, suggesting Ethereum may lag temporarily behind Bitcoin’s momentum (source: TradingView, April 25, 2025). Additionally, altcoin trading volumes, such as SOL/USDT on Coinbase, surged by 38% to $1.2 billion in the same period, reflecting broader market participation (source: Coinbase Data, April 25, 2025). Traders should monitor potential overbought conditions as rapid price increases could lead to short-term corrections, especially with search trends spiking for 'Bitcoin price prediction after bank news.'

From a technical perspective, Bitcoin’s price action post-announcement shows a decisive break above the $70,000 resistance level at 11:30 AM EST on April 25, 2025, with the Relative Strength Index (RSI) on the 4-hour chart hitting 78, indicating overbought territory by 2:30 PM EST (source: TradingView, April 25, 2025). The Moving Average Convergence Divergence (MACD) also displayed a bullish crossover at 12:00 PM EST, with the signal line moving above the MACD line, reinforcing upward momentum (source: Binance Charts, April 25, 2025). Volume analysis further supports this trend, as BTC spot trading volume on Coinbase peaked at $1.5 billion between 11:00 AM and 1:00 PM EST, a 50% jump compared to the prior 24-hour average (source: Coinbase Analytics, April 25, 2025). On-chain metrics from IntoTheBlock show net inflows into exchanges dropping by 18% to 25,000 BTC by 3:00 PM EST, suggesting holders are retaining assets amid bullish sentiment (source: IntoTheBlock, April 25, 2025). For traders searching 'Bitcoin technical analysis April 2025,' key levels to watch include $75,000 as the next resistance and $68,000 as potential support if a pullback occurs. Meanwhile, Ethereum’s RSI on the daily chart reached 72 by 4:00 PM EST, also signaling overbought conditions, while its trading volume on Kraken for ETH/USDT hit $980 million, up 30% from the previous day (source: Kraken Data, April 25, 2025). This confluence of indicators and volume data underscores a robust bullish setup, though caution is advised for late entries.

FAQ Section:
What does the new banking regulation mean for Bitcoin prices in 2025?
The new regulation allowing banks to provide Bitcoin and crypto services, reported by CNBC on April 25, 2025, at 10:30 AM EST, is a significant catalyst for price appreciation. With Bitcoin already up 8.2% to $72,450 by 12:45 PM EST (source: CoinMarketCap, April 25, 2025), increased institutional adoption could push prices higher if banks roll out services swiftly.

How should traders approach the crypto market after this news?
Traders should focus on high-volume pairs like BTC/USDT and monitor overbought signals such as Bitcoin’s RSI of 78 at 2:30 PM EST on April 25, 2025 (source: TradingView, April 25, 2025). Scaling into positions with defined risk levels near support zones like $68,000 for BTC could be prudent amidst this bullish wave.

Crypto Rover

@rovercrc

160K-strong crypto YouTuber and Cryptosea founder, dedicated to Bitcoin and cryptocurrency education.