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TradFi Levels Up - PNC x Coinbase 🏛️🤝🔵
Crypto news and key statistics summarized in 90 seconds every weekday on @niftynoon⬇️:
Nifty Thought:
The institutional adoption drumbeat grows louder as PNC Bank, one of the largest banks in the United States, has announced a strategic partnership with Coinbase. The collaboration will leverage Coinbase's Crypto-as-a-Service platform to allow PNC's massive client base—which includes retail customers, corporations, and government agencies—to buy, hold, and sell digital assets directly from their accounts. In a sign of deepening ties between traditional finance and crypto, the partnership is a two-way street, with PNC also set to provide banking services to Coinbase.
This landmark move from PNC doesn't happen in a vacuum. It follows similar announcements from other banking giants like JPMorgan Chase and Bank of America and comes on the heels of increasing regulatory clarity in the U.S., including the recently passed GENIUS Act for stablecoins. While the full rollout timeline is not yet public, this partnership is a powerful signal of confidence in the digital asset space from a major financial institution. As more legacy players build these kinds of on-ramps for their clients, it's possible that the stage is being set for a new wave of capital and users to enter the crypto ecosystem.
Highlighted News:
🔵 @coinbase partnered with @PNCBank; clients will soon be able to buy, sell and hold crypto:
https://t.co/tvuDaQMswH
🇯🇵 Trump just announced a $550B trade deal with Japan - calling it the largest deal ever made:
https://t.co/mL49U1qCay
📈 SEC approves conversion of Bitwise 10 Crypto Index Fund into an ETF holding the following cryptocurrencies:
https://t.co/ixhX6OAMNi
💳 TON Wallet is now live in the US:
https://t.co/EHWDRQjDcr
📜 Senate Banking Chair @SenatorTimScott, @SenLummis, @SenatorHagerty& @berniemoreno have just released their long-awaited market structure discussion draft:
https://t.co/1KEdYEaLvP
Project and Community News:
- @CathieDWood is selling $HOOD, $COIN and buying ETH treasury companies:
https://t.co/RXLt0xYpys
- Sharplink now holds ~360,807 ETH:
https://t.co/ZRFMTdBP8Y
- The Ethereum Demand Shock:
https://t.co/0tzYw8opCR
- Spot Bitcoin ETF 12-day inflow streak ended:
https://t.co/6X8WC2GMin
- Bitmine announces it will use 100% of net proceeds ($177M) from ARK Invest's $182M share acquisition to purchase more $ETH for its treasury:
https://t.co/rOdzMeaOxD
- Crypto-skeptic bank @jpmorgan plans to offer loans secured directly by clients’ $BTC and $ETH:
https://t.co/MZSSzM4vqm
- $MSTR has generated a BTC Gain of ₿93,191 YTD, worth $11.1 billion:
https://t.co/dMWphB84nj
- Ken Griffin’s Citadel Securities says it has concerns about tokenized assets siphoning liquidity away from traditional markets:
https://t.co/ZuPTPbYZHq
- @AmplifyETFs, a $12B asset manager, has filed for a Solana Monthly Option Income ETF with the SEC:
https://t.co/IJFQQUVHY2
- @21shares_us files for an Ondo ETF:
https://t.co/75MBms03KT
- Czech National Bank makes first investment into crypto sector via purchase of $COIN shares:
https://t.co/TaoYRkSNZa
- SEC is now pushing back against index-based crypto ETFs where xrp & sol are 10% of holdings:
https://t.co/wDw8CVN4F3
- More positive signs regarding Bitcoin & Ethereum ETFs obtaining the ability to do in-kind creation and redemption:
https://t.co/yIZxg9qkpo
- Tokenized equities are going to be everywhere. Today they even found their way to page 83 of Figma's revised S-1:
https://t.co/jZBsIDAD8E
- As $PUMP keeps dropping, Machi Big Brother(@machibigbrother) has lost $1.5M+ on $PUMP spot and $3.9M+ on PUMP perps:
https://t.co/Z8DmGRQMic
- BonkFun just hit yet another all-time high in 24-hour fees:
https://t.co/jpFt01gkLi
- Welcome to Wasabi Earn on @baseapp:
https://t.co/tlndXmVORP
- WisdomTree's stablecoin strategy, built around USDW, a U.S. dollar stablecoin:
https://t.co/jHz0iAslkX
- $ZORA ripping off the back of @balajis coin launch:
https://t.co/TTy5HlDscs
- FBI drops investigation into Kraken founder @jespow:
https://t.co/e7CycXqs7S
- @Mclader starting something new, after four years as President & COO of@Uniswap:
https://t.co/BDA02RBIR7
- The @PlasmaFDN public sale via @echodotxyz is currently ongoing and will conclude in roughly 6 days, on Monday, July 28 at 9:00 AM ET:
https://t.co/MlM7B5YyXT
- Start small and earn big with Coinbase One Basic at just $4.99/month:
https://t.co/FI3SqTPIQ2
Quick Stats:
👾 Blur ETH Daily Volume: 2030.11 ETH (▲ 1.66%)
🌊 OpenSea ETH Daily Volume: 1042.86 ETH (▲ 129.42%)
🟠 BTC: $117,474.73 (▼ 0.58%)
🔷 ETH: $3,592.62 (▼ 1.50%)
🟣 Solana: $3,592.62 (▼ 1.50%)
🟪 Polygon: $0.23 (▼ 5.08%)
Top NFT Sales:
- Pudgy Penguins #4390: 120.00 ETH
- CryptoPunks #8612: 61.95 ETH
- CryptoPunks #2041: 59.00 ETH
NFT Daily Winners:
🐧 Pudgy Penguins: 16.25 ETH (▲ 4.84%)
👩🏻 Milady Maker: 2.69 ETH (▲ 4.32%)
🦧 Bored Ape Yacht Club: 12.50 ETH (▲ 2.87%)
⛩ Azuki: 2.18 ETH (▲ 2.24%)
🚬 CryptoPunks: 48.00 ETH (▲ 1.05%)
🍭 Mocaverse: 1.21 ETH (▲ 0.52%)
😡 Mad Lads: 36.14 SOL (▲ 0.08%)
🏳🌈 Chromie Squiggles: 5.40 ETH (► 0.00%)
NFT Daily Losers:
🐵 NodeMonkes: 0.04 BTC (▼ 1.15%)
🧙♂️ Taproot Wizards: 0.22 BTC (▼ 2.84%)
👾 Tensorians: 3.11 SOL (▼ 4.55%)
🐱 Quantum Cats: 0.04 BTC (▼ 5.29%)
🧦 Bitcoin Puppets: 0.04 BTC (▼ 6.84%)
🏴☠ Captainz: 0.32 ETH (▼ 7.59%)
💼 Ordinal Maxi Biz: 0.02 BTC (▼ 8.95%)
Notes:
If you find quick daily crypto updates helpful, please feel free to follow for more informative content:
@niftynoon
The content on this account is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Congress’s Crypto Week Is Here - What It Means for Your Bags 📜🏛💰
Crypto news and key statistics summarized in 90 seconds every weekday on @niftynoon⬇️:
Nifty Thought:
Washington D.C. is buzzing as the House of Representatives kicks off "Crypto Week," a legislative push that could fundamentally reshape the digital asset landscape in the United States. Lawmakers are scheduled to vote on three critical pieces of legislation: the GENIUS Act to regulate stablecoins, the CLARITY Act to establish a market structure framework, and a bill to ban a central bank digital currency (CBDC). The GENIUS Act, which has already passed the Senate, is widely expected to be approved and signed into law, marking the first major crypto regulatory bill ever adopted by Congress. This move comes as Bitcoin soars past $120,000, with many analysts suggesting this rally is built on the promise of regulatory guardrails rather than just speculative hype.
The potential implications of these bills are immense. The GENIUS Act, which mandates 100% asset backing for stablecoins, could spur massive adoption in payments and remittances, giving businesses the confidence to integrate crypto into their operations. Meanwhile, the CLARITY Act aims to end the long-standing turf war between the SEC and CFTC by providing clear definitions for digital assets, a move that could "open a floodgate of retail capital" into the ecosystem. While the bills enjoy strong support from Republicans and the Trump administration, some Democrats have voiced opposition, citing corruption risks. Regardless of the debate, this week marks a pivotal moment, signaling that digital assets are transitioning from a fringe technology to a national priority on the path to mainstream integration.
Highlighted News:
📜 Chairman @RepFrenchHill speaks at @RulesReps on the three bills as part of "Crypto Week”:
https://t.co/IzOlbNxwvH
👨⚖️ @federalreserve@FDICgov@USOCC issue joint statement on risk-management considerations for crypto-asset safekeeping:
https://t.co/nYV7npLZau
🎭 The value of Satoshi Nakamoto’s Bitcoin holdings increased by $7.4 Billion, now worth $128.9B:
https://t.co/2n9fFRaxdz
🇰🇿 Kazakhstan plans to allocate part of its national reserves to crypto assets and set up a national crypto reserve for confiscated assets:
https://t.co/yZIf4cBKUY
Project and Community News:
- Bitcoin OG who previously transferred 80,009 $BTC($9.68B) out after 14+ years of dormancy is moving $BTC again:
https://t.co/v3Qthm6Q7V
- $BMNR adds over 163K $ETH for approximately $500M after closing the private placement of $250M and significantly tapping the ATM at the large premium, nearly doubling NAV into the $8s:
https://t.co/UQbPhF6EKy
- $SBET / @sharplink acquires another 24,371 $ETH for $73.21M:
https://t.co/bBe40NMcBw
- Strategy has acquired 4,225 BTC for ~$472.5 million at ~$111,827 per bitcoin:
https://t.co/ytiswfFdQk
- Grayscale has filed confidentially for a US IPO:
https://t.co/Kz2V9iacnX
- Sonnet BioTherapeutics, Inc. Announces $888 Million Business Combination to Launch a HYPE Cryptocurrency Treasury Reserve Strategy:
https://t.co/jD1OmYWHis
- WifStrategy has acquired 500,000 $WIF:
https://t.co/84hqJFG3Ja
- Robert Leshner has filed a 13D with the SEC disclosing 56.9% ownership in LQR House (YHC):
https://t.co/to2kFdG0pc
- BofA launches new weekly periodical 'On Chain,' designed to "drill into the various facets of the fast-evolving digital assets ecosystem":
https://t.co/ut2Lr4XkRM
- Vanguard, via its funds, is now the single largest shareholder of Strategy:
https://t.co/WkZcecGCdU
- At current market cap and FDV, $PUMP revenue returned to token holders (25%) is higher than $HYPE, $AAVE, and $RAY buybacks as a % of supply:
https://t.co/PT9sGI2Smf
- Coinbase will add support for https://t.co/EwHx61XOkB (PUMP) on the Solana network (SPL token):
https://t.co/2CcAfELZSI
- In just 4 hours since listing $PUMP, users have deposited over $50M to Hyperliquid - equivalent to 1% of the total supply:
https://t.co/LEYLMJmSqH
- Coinbase is suing Oregon Gov. Tina Kotek over the state's sudden crypto crackdown — seeking public records on why 31 digital assets were reclassified as securities in April:
https://t.co/wZUae65Fg1
- SGA, a KOSDAQ-listed firm, will raise approximately $25M via a private placement to investors including Sora Ventures, AsiaStrategy, Metaplanet CEO Simon Gerovich, and KCGI:
https://t.co/VR1BIwESTW
- Bank of England Governor Andrew Bailey has warned the world’s largest banks against issuing their own stablecoins, setting up a potential clash with President Donald Trump’s administration:
https://t.co/yIDSu36BJv
- https://t.co/LkrYq7Zd8p to partner with @BinanceWallet to introduce the first-ever Bonding Curve-based TGE:
https://t.co/pSnXbWAuOO
- ApeFest Vegas tickets can now be claimed by BAYC holders at https://t.co/CW1xroSWse with a $169 refundable deposit:
https://t.co/ZponGf78qV
- Chimpers Plush Keychain Blind Boxes are about to take over! Wednesday, July 16!
https://t.co/YPLmeiX5md
- In the next 7 days, major one-time token unlocks (worth over $5 million) are expected for: TRUMP, CONX, FTN, ZRO, ARB, SEI, STRK, UXLINK, DRB, SOLV, APE, CLOUD, ZK, MELANIA, and XCN:
https://t.co/cRhol5fQyH
- WCT airdrop claim for Phantom users is now live:
https://t.co/yBQ5CAWTzd
Quick Stats:
👾 Blur ETH Daily Volume: 1127.98 ETH (▼ 55.91%)
🌊 OpenSea ETH Daily Volume: 326.29ETH (▼ 16.06%)
🟠 BTC : $116,549.15 (▼ 4.04%)
🔷 ETH: $2,965.13 (▼ 3.13%)
🟣 Solana: $159.07 (▼ 4.46%)
🟪 Polygon: $0.22 (▼ 6.38%)
Top NFT Sales:
- CryptoPunks #9274: 44.99 ETH
- CryptoPunks #9274: 42.50 ETH
- Fidenza by Tyler Hobbs #78000650: 26.00 ETH
NFT Daily Winners:
👾 Tensorians: 2.78 SOL (▲ 6.35%)
⛩ Azuki: 2.01 ETH (▲ 1.06%)
🧦 Bitcoin Puppets: 0.04 BTC (▲ 0.75%)
🏳🌈 Chromie Squiggles: 4.21 ETH (► 0.00%)
NFT Daily Losers:
🦧 Bored Ape Yacht Club: 11.40 ETH (▼ 0.70%)
🍭 Mocaverse: 1.19 ETH (▼ 0.83%)
👩🏻 Milady Maker: 2.34 ETH (▼ 1.81%)
😡 Mad Lads: 35.76 SOL (▼ 1.52%)
💼 Ordinal Maxi Biz: 0.02 BTC (▼ 3.12%)
🚬 CryptoPunks: 41.25 ETH (▼ 4.07%)
🐵 NodeMonkes: 0.04 BTC (▼ 5.23%)
🏴☠ Captainz: 0.29 ETH (▼ 6.15%)
🐧 Pudgy Penguins: 13.79 ETH (▼ 6.82%)
🐱 Quantum Cats: 0.04 BTC (▼ 16.50%)
Notes:
If you find quick daily crypto updates helpful, please feel free to follow for more informative content:
@niftynoon
The content on this account is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.