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Danske Bank Introduces Bitcoin and Ethereum Trading Via Regulated ETPs

Zabi
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Danske Bank Introduces Bitcoin and Ethereum Trading Via Regulated ETPs

Danish banking giant Danske Bank will now allow customers to gain exposure to Bitcoin and Ethereum through exchange-traded products (ETPs).

However, the lender has emphasized that this move should not be interpreted as an endorsement of cryptocurrencies as a long-term investment class.

Key Points

  • Danske Bank introduces Bitcoin and Ethereum ETPs for self-directed investors via its digital banking platforms.
  • Customers gain crypto exposure without holding actual tokens, reducing direct custody risks.
  • The move reflects growing client demand for cryptocurrency investments.
  • The bank emphasizes that cryptocurrencies remain high-risk and does not provide investment advice on them.
  • Regulatory clarity from the EU’s MiCA framework helped facilitate the launch.

Customers Gain Crypto Exposure Through ETPs

According to an official press release, clients using Danske eBanking and Danske Mobile Banking can access selected Bitcoin and Ethereum ETPs. These instruments provide price exposure without requiring investors to hold the underlying tokens directly.

The bank said the service is aimed at self-directed investors on its trading platform. In particular, it targets customers who make their own decisions without receiving investment advice.

This development follows a steady rise in client interest. Kerstin Lysholm, Head of Investment Products and Offering at Danske Bank, said the lender has received more inquiries from customers seeking to add crypto exposure to their portfolios. Consequently, the bank decided to introduce selected cryptocurrency ETPs.

Lysholm added that broader market developments also influenced the launch timing.

From Opposition to Conditional Access

The decision represents a clear departure from the bank’s earlier position. In 2018, Danske Bank declined to support cryptocurrency trading.

At the time, it expressed a negative view of digital assets and advised customers to avoid them. That cautious approach continued in 2021, when the bank renewed its internal restrictions on crypto-related activities.

Since then, however, the regulatory landscape has shifted. Lysholm pointed to the European Union’s Markets in Crypto-Assets (MiCA) regulation as a key milestone, noting that greater regulatory clarity across the EU has strengthened confidence in digital asset markets.

Even so, the bank maintains that cryptocurrencies remain high-risk investments. Accordingly, access is limited to customers who understand and accept the volatility involved.

Clear Limits on Endorsement

Despite enabling crypto-linked ETP trading, Danske Bank continues to distance itself from recommending the asset class.

The press release makes clear that the bank does not provide advisory services for cryptocurrencies. Moreover, it characterizes digital assets as opportunistic investments rather than core, long-term portfolio holdings. The bank also clarified that listing these ETPs on its platform should not be viewed as a formal recommendation.

By drawing this distinction, Danske Bank aims to balance customer demand with its risk-conscious stance.

Crypto Adoption in Denmark Remains Modest

Meanwhile, the broader market context helps explain the bank’s measured approach. Data from Triple-A indicates that 70,605 people in Denmark owned cryptocurrencies in 2024 (approximately 1.2% of the population).

At the same time, Chainalysis ranked Denmark 84th out of 151 countries in its Geography of Crypto 2025 report. The ranking was based on the value of on-chain transactions received by centralized and decentralized platforms.

Taken together, these figures suggest relatively modest adoption compared with global peers. Against this backdrop, Danske Bank’s policy shift appears driven primarily by targeted client demand rather than widespread national uptake.

XRP Slips Below Average Holder Cost Basis, Leading to Realized Losses: What’s Next?

Sam Wisdom Raphael
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XRP Slips Below Average Holder Cost Basis, Leading to Realized Losses: What’s Next?

XRP has dropped below its average holder cost basis, as holders move from realized profit to losses amid sustained market weakness.

After climbing to $3.66 in July 2025, XRP has fallen more than 62% and now trades at $1.36. The token has also lost 25.90% since the start of the year. As price weakness deepened, on-chain data confirms that the market has moved from locking in profits to locking in losses.

Key Points

  • XRP has plunged over 62% from its July 2025 peak of $3.66 and currently trades at $1.36, down 25.90% this year.
  • Glassnode data shows SOPR (7D EMA) fell from 1.16 in July 2025 to 0.96, indicating a change from 16% average profit to 4% average realized loss.
  • The 1.0 SOPR level represents aggregate holder breakeven, and XRP has now broken below this threshold.
  • A similar SOPR breakdown between September 2021 and May 2022 aligned with a drop from about $1.30-$1.40 to $0.30-$0.35.
  • Key levels to watch include $1.00 as structural support, with $0.70-$0.80 and $0.50 as potential lower support zones if weakness continues.

Why SOPR Matters for XRP

Notably, Glassnode confirmed the current condition in a recent post. The firm showed that the Spent Output Profit Ratio (SOPR) using a 7-day EMA dropped from 1.16 in July 2025 to 0.96 now. This move means holders who transfer coins on-chain now realize losses on average.

For the uninitiated, the SOPR tracks whether coins moved on-chain generate profit or loss. When SOPR stays above 1.0, holders sell at a gain compared to their purchase price. When SOPR falls below 1.0, holders sell at a loss. The 1.0 level marks the average breakeven point across the network.

Glassnode explained that XRP’s SOPR (7D EMA) fell from 1.16 in July 2025 to 0.96 now. At 1.16, holders realized an average profit of 16% on transferred coins. Meanwhile, at t 0.96, they realize an average loss of about 4%. The 30-day EMA chart shows the metric slipping under the 1.0 line, confirming that XRP now trades below the average holder cost basis.

When SOPR drops under 1.0, market behavior changes. Many short-term holders rush to exit positions. Additionally, some long-term holders step in and absorb supply, and fear grows as more investors accept losses. In past cycles, assets often moved sideways for months after SOPR stayed below 1.0.

XRP’s 2025 Rally and Distribution Phase

Historical data from the chart also shows how the SOPR reacted favorably when XRP entered a strong rally from late 2024 through mid-2025. During this run, the 30-day EMA SOPR climbed above 1.10 and reached the 1.15-1.16 area. At the same time, XRP broke above $1 and surged past $3, reaching $3.65 in July 2025.

XRP SOPR Glassnode
XRP SOPR | Glassnode

SOPR readings above 1.10 showed that holders locked in heavy profits during that rally. Each push above 1.10 matched periods where investors sold into strength. Notably, the chart shows distribution while the price traded between $3.00 and $3.60.

However, after July, both price and SOPR turned lower. As XRP fell, SOPR slid toward 1.0 and then broke below it. This break marked the change from profit-taking to loss realization.

Similarity to the 2021/2022 Period

Glassnode compared the current position to the market conditions between September 2021 and May 2022. Specifically, in September 2021, XRP traded around $1.30 to $1.40, aligning with SOPR readings above 1.0. However, prices collapsed in Q4 2021 and into early 2022, leading to a drop in the SOPR.

During that period, the XRP price saw a downturn and reached roughly $0.30 to $0.35 by mid-2022. As a result, SOPR stayed below 1.0 for an extended time, and the price did not bounce right away. Instead, XRP entered a long downward phase before finding stability.

What Comes Next for XRP?

History shows that markets often create long-term opportunities when SOPR stays below 1.0, but they rarely recover overnight. If the current pattern follows the 2021/2022 path from the July 2025 peak, the market may not settle until later this year.

Right now, the data shows that distribution has ended and capitulation has started. The price must hold important support above $1 and allow profitability to rebuild. If SOPR regains and sustains levels above 1.0, the market could push back into expansion.

Something Significant Is Coming for XRP: Finance Coach

Abdulkarim Abdulwahab
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Something Significant Is Coming for XRP: Finance Coach

Finance coach and crypto commentator Coach JV says “something significant” could be coming for XRP.

He pointed to regulatory delays, shifting U.S. crypto policy, and recent commentary from Morgan Creek Capital CEO Mark Yusko.

In a recent YouTube update titled “The Problem With XRP No One Sees Coming,” Coach JV argued that developments around crypto regulation and financial infrastructure may be setting the stage for a pivotal moment in the XRP ecosystem.

Key Points

  • Coach JV hints that “something significant” may be coming for XRP amid policy shifts.

  • He says regulatory clarity could unlock institutional capital for XRP.

  • Mark Yusko warns of potential crypto “curveballs” behind the scenes.

  • JV urges investors to ignore hype and accumulate during volatility.

Regulatory Delays and the Clarity Act

Coach JV highlighted how the Ripple-SEC case stretched on for five years before reaching a resolution. He also pointed to continued delays surrounding the Clarity Act, which seeks to establish a regulatory framework for digital assets beyond stablecoins.

JV believes the delays may be strategic, as major changes often happen quietly before markets fully react.

Notably, bills like the GENIUS Act (focused on stablecoins) and the Clarity Act aim to set clear rules for the crypto industry. Supporters say this could encourage startups and institutions to operate in the U.S. instead of moving overseas.

JV argues that once regulations are clear, institutional investors may feel more confident allocating capital to assets with real-world use cases, such as XRP.

Mark Yusko: Watching for a “Curveball”

Meanwhile, the discussion gained further momentum after Mark Yusko suggested that unexpected policy developments could emerge in the crypto sector. In a podcast clip circulating online, Yusko said he is watching for potential “curveballs,” adding that XRP-related activity may be happening behind the scenes.

Yusko also raised concerns about the possibility of a government-backed digital currency scenario in which stablecoins such as USDT or USDC could face restrictions.

While Coach JV acknowledged the concern, he disagreed that the U.S. would move toward a restrictive central bank digital currency under the current administration. Instead, JV believes regulatory clarity, rather than control, is the more likely direction.

Fake News and Market Psychology

Beyond regulation, Coach JV issued a warning about misinformation. He cautioned investors against reacting emotionally to headlines, AI-generated content, or viral social media posts.

According to him, no influencer has insider access to regulatory decisions, and retail investors risk making poor decisions based solely on headlines without reviewing the full context.

His message to XRP holders is to build a plan, remove emotion, and focus on long-term conviction rather than short-term volatility.

Accumulation Strategy During Market Volatility

JV reiterated his dollar-cost averaging approach, explaining that he continues accumulating Bitcoin, XRP, and other select assets during market dips.

He described volatility as an opportunity rather than a threat. He stressed that disciplined accumulation during red markets often rewards patient investors over time.

Could XRP Decouple?

Looking ahead, Coach JV speculated that once regulatory clarity is finalized, assets with strong utility could begin to decouple from broader market cycles.

He suggested XRP could benefit if institutions adopt blockchain-based payment rails and custody solutions tied to real-world financial systems.

While he avoided specific price targets, JV maintained that XRP could “have a good year” if regulatory progress aligns with infrastructure rollout.

Cardano Price Analysis for Feb 11: Here’s Why ADA Bulls Must Defend $0.25

Mark Brennan
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Cardano Price Analysis for Feb 11: Here’s Why ADA Bulls Must Defend $0.25

Is Cardano nearing a short-term flush, or is this just another leg lower in a broader downtrend?

Notably, Cardano (ADA) is changing hands at $0.2551 as intraday bears accelerated activity into the session’s close. On the day, ADA has moved within a tight lower band, recently sliding toward the $0.255 area after earlier attempts to stabilize above $0.263. 

Market structure across higher timeframes reinforces the bearish tone. ADA is down 12.07% over 7 days, 34.47% in the last 30 days, and a steep 53.11% over the past 90 days. Year-to-date performance stands at -23.18%, highlighting sustained structural pressure.

From a derivatives perspective, futures volume over 24 hours reached $709.16 million, compared to $66.34 million in spot volume, indicating elevated speculative activity relative to cash trading. Open interest sits near $408.24 million, suggesting positioning remains active despite declining price.

Will heavy long positioning fuel a short squeeze bounce, or is ADA setting up for another downside flush before true stabilization begins?

Cardano Price Analysis

Cardano is currently hovering around the recent swing low around the $0.255 area. This zone now acts as immediate short-term support after the sharp breakdown that followed rejection near the $0.27 region.

Cardano 1-Day Price Analysis
Cardano 1-Day Price Analysis

A daily close below $0.25 would cause a short-term flush or even expose ADA to a deeper retracement toward the $0.22–$0.23 region. For now, buyers are attempting to stabilize prices above this psychological level, but the lack of strong bullish candles suggests support remains fragile rather than firmly defended.

On the upside, resistance is clearly defined by the Supertrend indicator, which sits near $0.3255. ADA remains below this level, keeping the broader trend firmly bearish on the daily timeframe. Until price closes decisively above the Supertrend and establishes acceptance above the $0.32 region, upside moves are likely to be capped.

Momentum signals show early but unconfirmed stabilization. The Stochastic RSI currently reads approximately 24.81 for %K and 29.04 for %D, placing ADA near oversold territory. While this suggests downside pressure may be slowing, neither line has pushed convincingly above the 50 midline, which would be required to confirm a stronger momentum shift. A shift in momentum would also need the %K line to move above the %D line.

Over $660K Liquidated from ADA Market

Meanwhile, liquidation data from Coinglass shows that recent downside pressure in Cardano has disproportionately impacted long traders. Over the past 24 hours, total liquidations reached $660.09K, with long positions accounting for $595.57K, compared to just $64.52K in short liquidations.

This imbalance suggests that bullish positioning was crowded heading into the latest decline, and the move lower forced leveraged longs out of the market.

Cardano Liquidation Data
Cardano Liquidation Data

Shorter timeframes reinforce this pattern. In the last 12 hours, liquidations totaled $499.04K, with $467.97K from longs and $ 31.07K from shorts. The 4-hour window shows a similar skew, with nearly the entire $445.90K wiped out coming from long positions, and shorts losing just $2.50K. Even in the most recent hour, all $11.19K in liquidations were long positions, with no shorts impacted.

$2,000 in Shiba Inu or Dogecoin by 2030: Here Are Potential Returns

Lele Jima
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$2,000 in Shiba Inu or Dogecoin by 2030: Here Are Potential Returns

If optimistic forecasts materialize, a $2,000 investment in Shiba Inu or Dogecoin could deliver substantial gains for investors by 2030. 

Meme coins continue to attract strong interest, largely because of their history of delivering outsized gains during previous market cycles. Notably, both Shiba Inu and Dogecoin recorded their most significant rallies in 2021.

However, more than four years later, uncertainty persists over which asset could deliver the highest return from a $2,000 investment by 2030. According to expert projections, such an investment could yield vastly different outcomes depending on each token’s price trajectory over the next four years.

Key Points

  • Expert projections suggest Shiba Inu could surge between 625% and 2,024% by 2030.
  • Dogecoin could climb between 1,028% and 4,390% by 2030.
  • If these projections materialize, a $2,000 investment in any of the tokens will deliver outsized gains.
  • Analysts increasingly favor Dogecoin for superior long-term gains due to continued support from Elon Musk.

How Much SHIB or DOGE $2,000 Buys Today

Currently, Dogecoin trades around $0.09042, giving it a market cap of $15.25 billion, which ranks it as the ninth-largest cryptocurrency and the leading meme coin globally. In contrast, Shiba Inu trades near $0.000005838, with a valuation of $3.43 billion, positioning it as the 27th-largest crypto asset and the second-largest meme coin.

At these prices, a $2,000 investment would purchase approximately 22,119 DOGE or 342.58 million SHIB. However, the future value of these holdings depends entirely on where prices settle by 2030.

Potential Returns by 2030

According to Changelly, Shiba Inu could reach a maximum price of $0.0000625 by 2030, representing a 970% increase. Meanwhile, Telegaon projects a more aggressive target of $0.000124, implying a 2,024% surge.

For Dogecoin, Changelly forecasts a peak price of $1.02, equating to a 1,028% rise, while Telegaon predicts a much higher ceiling of $4.06, signaling a potential 4,390% rally.

Based on these projections, a 342.58 million SHIB portfolio could grow from $2,000 to $21,411 under Changelly’s forecast and as high as $42,480 under Telegaon’s forecast. Similarly, a 22,119 DOGE holding could climb to $22,561 based on Changelly’s estimate and reach $89,803 if Telegaon’s bullish outlook materializes.

Which Token Offers Better Upside?

The projection indicates that Dogecoin could offer a more lucrative opportunity than SHIB over the next four years. Furthermore, fundamentals appear to favor Dogecoin.

The original meme coin continues to draw support from Elon Musk, who recently revealed plans to send a literal DOGE to the moon next year. In addition, institutional interest is rising, with Dogecoin-related ETFs amassing over $20 million in AUM.

In contrast, Shiba Inu lacks Musk’s backing and shows limited institutional traction. It has no approved spot ETF or standalone filing. Moreover, the project faces ongoing controversies, including reports that lead developer Shytoshi Kusama stepped back from development to pursue a non-crypto venture. Consequently, uncertainty surrounds SHIB’s long-term outlook, raising questions about whether it will still be in existence by 2030.

Cardano Drop Is the Calm Before a Bullish Storm—Analyst Highlights Targets

Elendu Benedict
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Cardano Drop Is the Calm Before a Bullish Storm—Analyst Highlights Targets

Amid market uncertainty following the Cardano price pullback, analysis suggests this might be the calm before the bullish storm.

Notably, Cardano (ADA) is in a bearish phase, as it tilts towards a fifth consecutive red candlestick on the daily chart. The coin had rallied to $0.43 in early January before a broader market trend saw it lose 41% of its value.

Key Points

  • Amid market uncertainty following the Cardano price pullback, analysis suggests this might be the calm before the bullish storm.
  • Cardano (ADA) is in a bearish phase, as it tilts towards a fifth consecutive red candlestick on the daily chart.
  • Still, analyses view the current market condition as the calm before a bullish storm.
  • Cardano’s bearish momentum started on August 14 and has continued until February 6, spanning 176 days of bearish waves.
  • There has always been a mixed period of bullish and bearish seasons in the cryptocurrency market’s history, suggesting that this phase may be temporary.

Calm Before the Storm

Amid the ongoing downtrend, analyst MasterAnanda remains unfazed. In his recent TradingView analysis, he called the current market condition the “calm before a bullish storm.”

The market watcher answered one of the most pressing questions in the minds of enthusiasts: what follows next after this corrective phase. Contrary to emerging sentiments that the crypto market could enter a deeper slump, the analyst sees a recovery on the horizon.

Notably, he hinged this belief on cyclical market patterns in the past. He noted that we already had a bearish storm dating back to July 2025. This storm started with a higher high formation, which peaked at $0.93 on July 21, 2025.

A subsequent attempt to climb higher was on August 14, when ADA reached $1.019. Eventually, this formed a double top and marked the highest price the coin has reached since then.

Cardano Analysis/MasterAnanda
Cardano Analysis/MasterAnanda

176 Days of Cardano Retracement

Meanwhile, the bearish momentum continued until February 6, spanning 176 days of bearish waves. During this period, Cardano dropped 78% to $0.22 before its recent rebound to reclaim $0.25.

MasterAnanda pointed out that there can’t be an unending bearish storm, as bulls once dominated the market before the current retracement. He highlighted a mixed period of bullish and bearish seasons in the cryptocurrency market’s history to conclude that this phase is nearing its end.

With this conviction, the analyst identified areas of interest for Cardano. His commentary spotlighted entry points for this move and possible targets.

For context, he deemed the $0.2410 to $0.2750 range a good area to buy ADA. Currently, the coin trades around this area, aligning with earlier analysis that this might be the best time to buy.

For his targets, he shared seven. They conclude $0.30, $0.33, $0.40, $0.52, and $0.61. The last two are $0.71 and a staggering 236% rise to $0.84.

However, he noted that a weekly close below $0.23 would invalidate his projected move. For context, ADA is just 8% away from this price.

It bears mentioning that this analysis is not guaranteed, as the market remains weak at this point. Hence, a proper observation before any financial move is advised.

Robinhood Confirms Ripple Has Tokenized Millions on XRP as Network Reaches $2.18B in RWA

Mark Brennan
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Robinhood Confirms Ripple Has Tokenized Millions on XRP as Network Reaches $2.18B in RWA

Leading trading platform Robinhood recently confirmed that Ripple has tokenized millions of dollars on the XRP Ledger.

Robinhood Markets shared its position on real-world asset tokenization in a seven-page memo dated January 2025 and filed with the U.S. SEC on Feb. 11, 2025. In the document, the company explained the benefits of tokenization and regulatory hurdles in the U.S.

The trading platform also confirmed that Ripple has tokenized hundreds of millions of dollars’ worth of assets on the XRP Ledger. Notably, data shows that the XRPL now hosts $1.8 billion in tokenized RWAs, excluding stablecoins, and $2.18 billion including them.

Key Points

  • Robinhood published a seven-page tokenization memo in January 2025 and filed it with the SEC today.
  • The memo states that Ripple has tokenized hundreds of millions of dollars in real-world assets on the XRP Ledger.
  • McKinsey & Company estimates tokenized funds could approach $2 trillion by 2030, excluding cryptocurrencies and stablecoins.
  • The XRPL holds $1.8 billion in tokenized RWAs, excluding stablecoins, and $2.18 billion when stablecoins are included.
  • Commodities account for $1.1 billion on XRPL, private credit represents $322.7 million, U.S. Treasury debt totals $180.6 million, and stablecoins add $424 million.
  • The XRPL recorded 159% RWA growth over 30 days, compared to Solana’s 46% and Ethereum’s 15.49%.

Ripple and XRPL Stand Out in Institutional Tokenization

In the document, spotlighted by WrathofKahneman (WOK), Robinhood defined tokenization as the process of placing a digital version of a real-world asset on a blockchain. The memo listed several categories of tokenized assets, including stablecoins, tokenized securities, tokenized real estate, and non-fungible tokens.

Robinhood then highlighted Ripple as a major participant in real-world asset tokenization. The memo stated that Ripple has tokenized hundreds of millions of dollars in real-world assets on the XRP Ledger. This has been through partnerships with established names such as Ctrl Alt, Ondo Finance and Securitize, among others.

Robinhood mentioned Ripple’s activity alongside BlackRock and Goldman Sachs. For context, BlackRock launched its BUIDL Fund in March 2024 to tokenize U.S. Treasuries. Goldman Sachs has also rolled out several tokenization initiatives, with a focus on real estate and money market funds. 

Robinhood also called attention to research from McKinsey & Company, which estimates that tokenized funds could reach approximately $2 trillion by 2030, excluding cryptocurrencies and stablecoins. This projection confirms how seriously major financial players view this market.

XRPL’s Growing Real-World Asset Market

Meanwhile, recent data from RWA.xyz shows that the XRPL now holds $1.8 billion in tokenized real-world assets, excluding stablecoins. That total places XRPL as the sixth-largest blockchain by RWA value. For context, this figure counts both distributed and represented assets on the network.

Over the past 30 days, XRPL recorded a 159% increase in real-world asset value, which marks the strongest growth among leading chains during that period. Solana followed with a 46% increase, while Ethereum posted a 15.49% rise. Notably, The Crypto Basic reported just three weeks back that the XRPL had surpassed $1 billion.

When analysts include stablecoins, the total value of real-world assets on XRPL rises to $2.18 billion. The JMWH commodity product on Justoken accounts for the largest share. 

Commodities represent $1.1 billion of the total, private credit contributes $322.7 million, and U.S. Treasury debt adds $180.6 million. Stablecoins make up $424 million, and RLUSD alone accounts for $348 million of that amount.

Benefits of Tokenization

In the memo, Robinhood presented several benefits that tokenization can deliver. The company argued that blockchain networks can increase liquidity by making assets like real estate easier to trade. Smart contracts can cut out middlemen and lower costs. Meanwhile, blockchain records can bolster transparency.

Tokenization also allows fractional ownership, which gives retail investors access to high-value assets. In addition, blockchain systems support global access and round-the-clock trading. Robinhood also believes tokenization can widen financial access for people who previously lacked investment opportunities.

Regulatory Hurdles in the U.S.

Meanwhile, Robinhood argued that U.S. regulations slow innovation. The company noted that current securities laws require most tokenized real-world assets to follow traditional compliance frameworks, which limits retail participation. It also pointed out that regulators have not created a clear structure for blockchain-native issuance and trading outside existing securities categories.

However, other regions have moved faster. For instance, the European Union introduced the Markets in Crypto-Assets (MiCA) regulation to create unified rules across member states. Hong Kong, Singapore, and Abu Dhabi have also adopted blockchain-friendly policies.

Robinhood Launches Public Testnet for Ethereum L2 Focused on Tokenized Assets

Zabi
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Robinhood Launches Public Testnet for Ethereum L2 Focused on Tokenized Assets

Robinhood has launched a test version of its Robinhood Chain, a layer‑2 solution leveraging Arbitrum’s technology on Ethereum.

The move aims to enable users to interact with both digital and tokenized real-world assets directly on blockchain networks.

With the testnet now live, developers can begin building on the network. Robinhood confirmed that the release includes public access points and technical documentation available at docs.chain.robinhood.com.

Notably, the system is compatible with widely used Ethereum development tools, lowering the barrier to entry for builders. Meanwhile, several infrastructure partners have already begun early integrations, the company added.

Key Points

  • Robinhood launched a public testnet for Robinhood Chain, an Arbitrum-based Ethereum layer-2 network.
  • The chain is designed to support tokenized real-world assets and financial-grade applications.
  • Developers can now build on the network using standard Ethereum tools and public documentation.
  • Robinhood plans to transition the network from testnet to mainnet later this year.
  • The move aligns with its broader strategy to tokenize traditional assets and operate its own on-chain infrastructure.

Built for Financial-Grade Applications

Robinhood positioned the chain as infrastructure for “financial-grade” use cases rather than a general-purpose blockchain. According to the company, the network supports continuous, 24/7 trading and facilitates smoother cross-blockchain transfers. It also enables self-custody and a range of decentralized finance (DeFi) services.

Potential applications include tokenized-asset platforms, perpetual-futures exchanges, and lending markets. These products are intended to connect directly to Ethereum’s broader DeFi ecosystem, enabling developers to leverage existing liquidity rather than build it from scratch.

Looking ahead, Robinhood plans to transition from testnet to mainnet later this year. In the interim, it expects to roll out additional features, including testnet-only assets such as stock-style tokens and deeper integration with Robinhood Wallet.

In a press statement, Robinhood’s head of crypto and international operations, Johann Kerbrat, said the testnet establishes the foundation for an ecosystem centered on tokenized real-world assets. He added that builders would be able to access Ethereum’s decentralized finance liquidity through the new chain.

Part of a Broader Tokenization Strategy

The rollout of Robinhood Chain signals a broader evolution in the company’s strategy. Rather than limiting itself to crypto trading services, Robinhood is expanding into operating its own on-chain infrastructure.

This move builds on Robinhood’s earlier decision to tokenize nearly 500 U.S. stocks and exchange-traded funds on Arbitrum. The initiative seeks to bring traditional financial products onto blockchain networks.

Robinhood is not alone in pursuing this vertically integrated model. Across the industry, exchanges are increasingly seeking to control both the user-facing trading platform and the underlying blockchain rails.

Coinbase provides one example. Beyond operating a regulated exchange, it has developed Base, its own layer-2 network, and announced plans to begin rolling out tokenized equities in December 2025.

Kraken is taking a comparable route. Alongside its global crypto exchange, the company is building Ink, a layer-2 network based on Optimism, and developing xStocks, its tokenized equities offering.

Regulatory Context and Market Structure

Even as Robinhood expands its blockchain footprint, it continues to operate under regulatory and public scrutiny. For instance, the company has faced criticism in the past over platform outages during periods of heightened market volatility.

It has also drawn attention for its reliance on payment for order flow in equities trading, a model in which market-making firms compensate brokers for routing customer orders.

Earlier this year, CEO Vlad Tenev addressed how tokenized equities could alter market dynamics. In January, he said blockchain-based, real-time settlement could help reduce the risk of trading freezes. Immediate settlement, he suggested, may offer structural advantages over traditional market infrastructure.

Shiba Inu Price Forecast for Feb 11: Analyst Targets $0.00002 as SHIB Struggles Below 20-Day SMA

Mark Brennan
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Shiba Inu Price Forecast for Feb 11: Analyst Targets $0.00002 as SHIB Struggles Below 20-Day SMA

Shiba Inu trades below its 20-day SMA as one analyst assesses support levels and outlines a potential long-term recovery scenario.

The Shiba Inu (SHIB) market is back under pressure, and the latest numbers show sellers tightening their grip. SHIB is currently trading at $0.000005845, down 2.1% over the past 24 hours, after fading from intraday highs. The token moved within a defined daily range of $0.000005845 to $0.000006067, reflecting a steady downside push toward the lower boundary of its short-term structure.

Despite the daily dip, SHIB is showing relative strength against Bitcoin, gaining 1.3% versus BTC and 1.1% against Ethereum on the day. Market cap stands at approximately $3.44 billion, with a 24-hour trading volume of $131.8 million, indicating continued participation even as the price compresses.

Broader performance, however, highlights ongoing strain. SHIB is down 14.0% over seven days and 24.8% in the last 14 days. On higher timeframes, SHIB is down 31.6% over 30 days and 64.2% over the past year, underscoring persistent weakness.

With price pressing the lower end of its daily range while still outperforming BTC short term, the question now becomes clear: is this quiet pullback setting up the next bounce?

Shiba Inu Setting up for a Bounce?

On the daily timeframe, Shiba Inu’s price has bounced off the lower Bollinger Band around $0.0000054112, which now acts as immediate support. A move or close below that level would expose SHIB to deeper downside toward the psychological $0.0000050 region. The fact that price continues to ride the lower band signals persistent selling pressure rather than a confirmed bounce.

Shiba Inu Price Analysis
Shiba Inu Price Analysis

On the upside, the first key barrier sits near the 20-day SMA, Bollinger mid-band, around $0.0000068513, which has capped recent recovery attempts. Above that, the upper Bollinger Band near $0.0000082914 represents the broader volatility ceiling. Until SHIB reclaims the mid-band and establishes acceptance above it, any bounce is likely to remain corrective within a prevailing bearish structure.

Further, momentum indicators reinforce caution. The Awesome Oscillator remains in negative territory at approximately 0.0000013915, confirming bearish momentum dominance. Although the latest histogram bars show green candles and a slight contraction in downside momentum, the oscillator has not yet crossed into positive territory. 

For a meaningful bounce in bias, traders would need to see AO flip above zero alongside price reclaiming the 20-day SMA; otherwise, downside risks remain elevated.

SHIB Reversal Incoming?

In a separate social media commentary, Crypto GVR said SHIB may be forming a base for a potential reversal within the $0.000005–$0.0000061 zone. He framed it as an area where buyers could step in after the recent slide.

Notably, the analyst mapped long-term upside targets in the $0.00002–$0.00003 range, positioning the move as a longer-horizon hold.

Morgan Creek CEO Says XRP Activity May Be Happening Quietly Behind the Scenes

Abdulkarim Abdulwahab
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Morgan Creek CEO Says XRP Activity May Be Happening Quietly Behind the Scenes

Morgan Creek CEO Mark Yusko has suggested that XRP developments could be unfolding “behind the scenes,” even as Ethereum dominates on-chain data narratives.

Yusko shared this view in a recent podcast interview with Altcoin Daily host Austin Arnold. He issued wide-ranging views on XRP, Bitcoin’s long-term outlook, U.S. crypto legislation, Ethereum’s competitive edge, and the possibility of a more centralized future for digital currencies.

Key Points

  • Yusko suggests XRP activity may be happening behind the scenes
  • He predicts Bitcoin could hit $600K–$700K by 2029 peak.
  • He says Ethereum benefits most from the Genius Act rules.
  • Yusko believes Clarity Act may push crypto toward CBDCs.

XRP: Buying Its Way In or Building Quietly?

During the discussion, Yusko noted that, based solely on spending and positioning, one might assume XRP has a strong edge as infrastructure for the traditional financial system. 

He observed that Ripple has invested heavily in partnerships and efforts to position XRP as a base layer for elements of the existing financial system. 

However, he pointed out that visible on-chain adoption metrics and activity do not yet reflect dominant usage compared to Ethereum. At the same time, Yusko acknowledged that there could be more happening beneath the surface.

“I worry there’s a curveball coming,” he said, adding that XRP might be doing more behind the scenes than many realize. 

That comment has fueled speculation among XRP supporters who have long argued that institutional integration happens quietly before becoming publicly measurable.

Ethereum’s Edge, According to Yusko

When asked whether Ethereum could outperform Bitcoin under new regulatory frameworks such as the Clarity Act and the Genius Act, Yusko argued that Ethereum currently has structural advantages.

He pointed to strong developer activity, higher transaction volume, expanding stablecoin usage, and declining gas fees due to scaling improvements. Yusko suggested that while Ethereum may be slower and more expensive than some competitors like Solana, its deep ecosystem and existing infrastructure give it durability.

He also argued that the Genius Act appears favorable to dominant stablecoin issuers, particularly Tether and USDC, as they are heavily integrated into Ethereum’s ecosystem.

CBDC Concerns and Centralization Fears

Beyond XRP and Ethereum, Yusko expressed unease about the regulatory direction in the United States.

He criticized aspects of the current market structure proposals, particularly provisions that could limit self-custody or increase federal oversight of crypto assets held on centralized exchanges. In his view, such measures risk pushing the industry toward greater centralization.

More notably, Yusko warned about a possible future scenario involving a government-backed CBDC. He said he worries about a scenario in which authorities restrict the use of private stablecoins like USDC or Tether in favor of a government-issued alternative. 

Yusko drew a historical parallel to the 1933 gold restrictions in the United States and said he hopes such a scenario does not materialize. 

It is worth noting that in January 2025, President Donald Trump signed an executive order prohibiting the federal government from engaging in CBDC activities.

Bitcoin’s Long-Term Outlook

Despite regulatory concerns, Yusko remains strongly bullish on Bitcoin’s long-term price. He projected that the next major cycle peak, potentially around September 2029, could see Bitcoin trading between $600,000 and $700,000.

Ultimately, while much of the discussion centered on Ethereum’s growth and Bitcoin’s trajectory, Yusko’s brief remark about XRP possibly operating quietly in the background has captured attention.

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