US banks can now offer crypto custody services following new Federal Reserve guidance, opening doors for institutional adoption. The post Federal Reserve clears US banks to custody crypto assets including Bitcoin appeared first on Crypto Briefing.

Federal Reserve clears US banks to custody crypto assets including Bitcoin

Bank of America is accelerating Wall Street’s crypto pivot with a new research 
push dissecting stablecoins, tokenized assets, and the infrastructure poised 
to redefine digital finance. ‘On Chain’ Launch Signals Wall Street’s Deeper 
Dive Into Crypto Bank of America (BOA) Global Research has unveiled its new 
publication “On Chain,” aiming to track the rapidly shifting […]

Bank of America Quietly Prepares for Crypto Shockwave With ‘On Chain’ Drilldown

Crypto analyst Investing Broz has spotlighted Cardano (ADA) as one of the most 
promising altcoins currently breaking out amid a shifting macro landscape and 
rising Bitcoin valuations. In his latest video update, the analyst identified 
ADA’s recent technical breakout as a clear sign of bullish momentum, 
forecasting a price target of $1.90 in the coming weeks if momentum holds. 
Cardano Bull Run Is Back On Investing Broz began the segment by reiterating 
the broader context: Bitcoin’s explosive rally above the $120,000 mark has 
reignited speculation around the arrival of altseason. “This is just one more 
egg in the basket of potentially altcoin season coming very soon,” he noted, 
citing Bitcoin dominance breaking below a critical support level and altcoins 
“going berserk.” Related Reading: Cardano Price Explodes 30% In Past Week — 
Analyst Calls $5 Next Market Top Among the altcoins leading the charge, 
Cardano stood out. The analyst confirmed that he purchased ADA in the past 24 
hours, identifying the move as more than just opportunistic. The trigger? A 
confirmed breakout above a long-standing resistance level that ADA hadn’t 
pierced since March 1. “This is a major win for Cardano holders who are 
trading it,” he said, explaining that a falling wedge pattern had been 
developing for weeks and now signaled a shift in trend. Investing Broz’s 
trading group had initially positioned long at $0.54, with a modest target of 
$0.80. But as he emphasized, “Cardano is not just breaking above the smaller 
resistance level—we’re breaking above a resistance level we haven’t been back 
above since March.” That March breakout, he reminded viewers, was spurred by a 
now-infamous Donald Trump tweet listing altcoins deemed suitable for a 
proposed American crypto reserve. While that spike proved short-lived, the 
current breakout is, in his view, fundamentally and technically sound. To 
calculate a realistic upside scenario, he applied the traditional breakout 
target technique by measuring the height of the formation and projecting it 
forward. “This would give you a Cardano price prediction of $1.90,” he stated, 
while also noting that such a target might be ambitious for a summer 
timeframe. Still, “it’s absolutely doable and definitely something you guys 
should be keeping an eye on.” Related Reading: The Last Time This Happened 
Cardano Rose 55%, ADA Analyst Makes Bold The analyst reinforced his bullish 
outlook using confirmation from the LuxAlgo indicator suite, which flashed a 
weekly buy signal—featuring a green reversal, bullish momentum, and positive 
money flow. Based on this, he offered a more immediate price range between 
$1.00 and $1.80. “I don’t think we’re going to stop at $1.80, but I think it’s 
a target to keep an eye on if you’re looking for a trade,” he said. Beyond 
that, a golden pocket Fibonacci extension points to a key level of $2.42 by 
year’s end. However, Investing Broz was quick to clarify that these are not 
his full-cycle targets for ADA. “This is not my long-term bullish price 
prediction for this bull market,” he emphasized. “This is simply tradable 
movements that I still think can happen over the next couple of weeks.” His 
earlier predictions suggested ADA could hit $7 to $10 by the cycle 
top—possibly extending into 2026 or even 2027. Throughout the segment, he 
stressed the importance of knowing when to take profit. “Every bull market has 
volatility. Cardano… is going to have volatile movements where they rally and 
then pull back,” he advised. For short-term traders, targets around $1.80 to 
$2.40 may present ideal levels to secure gains or even explore short positions 
if momentum wanes. While ADA is not the only altcoin the analyst is 
tracking—Ono and HAR were also highlighted for similar breakout 
behavior—Cardano’s confluence of technical strength, historical resistance 
flip, and volume surge make it a standout in the current environment. As the 
analyst concluded, “There’s still time… this is a major breakout, and if 
you’re a trader, this is what you wait for.” Cardano, for now, has flashed its 
signal. Whether it makes good on the $1.90 target may depend not only on its 
own momentum, but on the broader timing of altseason’s long-awaited arrival. 
At press time, ADA stood at $0.7447. Featured image created with DALL.E, chart 
from TradingView.com

Cardano Flashes Major Buy Signal—$1.90 Target Unleashed

After revealing back in 2021 that he’d take his entire salary in bitcoin, 
Odell Beckham Jr. is feeling pretty good about that choice in 2025. On Monday, 
as BTC punched through to a fresh all-time high, Beckham took a victory lap, 
saying it was “safe to say we still happy with our decision.” OBJ’s Bitcoin 
[…]

Odell Beckham Jr. Says He’s Still Smiling After Taking His $4.25M Salary in Bitcoin in 2021

One risk facing banks that custody crypto is the potential for liability if 
crypto assets are lost, according to three US financial agencies.

US Federal agencies outline key risks for banks eyeing crypto custody

The bull market may be taking longer than expected to kick into its final 
gear, but the Bitcoin price structure remains bullish and steadily climbing 
within a rising trend channel. However, the potential upper targets have also 
moved higher, and might open the door to unprecedented price levels in the 
weeks ahead. Why The Bull Market Delay Might Be Good News Global uncertainties 
have delayed the second and possibly final phase of the current bull market in 
cryptocurrencies. According to master kenobi&#8217;s post on X, he noted that these 
delays may end up working in our favor. Related Reading: The Bitcoin Liquidity 
Supercycle Has Just Begun, Says Hedge Fund CEO While Bitcoin and altcoins have 
remained within the boundaries of an ascending trend channel, the upper and 
lower limits of this channel are steadily rising, and showing resilience in 
market structure despite the external hesitation. If the second phase of the 
bull market ignited in April, projections suggest that the BTC upper limit 
might have topped out between $134,000 and $155,000. However, as this didn’t 
happen, the upper limit has continued to climb, and if the 50-day pump pattern 
holds, the upper limit could be reached around August 11, at a range of 
$169,000 and $197,000. Naturally, this requires relative global stability. 
&#8220;Let’s hope for another 30 days of calm, as 20 days have already passed,&#8221; the 
analyst added. Why Bitcoin Surge Is A Market-Wide Trigger In an X post, Davie 
Satoshi also mentioned that Bitcoin is on the verge of something big, that BTC 
is hovering in the middle of a multi-year bullish channel. It has been marked 
by long-standing green trendlines, and has just broken through the resistance 
level, which is indicated by a blue dotted horizontal line that has capped 
upside momentum until now. Related Reading: Bitcoin To Reach $135,000 By 
September’s Close, Standard Chartered Forecasts Every time the Stoch Relative 
Strength Index (RSI) crosses over on the monthly chart, it leads to an 
explosive rally, and with the crossover freshly triggered, many see this as 
the start of something big and not just for Bitcoin. The analyst stated that a 
rising tide lifts all boats, and that Bitcoin has always been the bellwether 
of the crypto market. They also suggest that BTC price could surge toward 
$180,000 to $200,000, with a potential top forming around late August to 
September, which will be followed by alt season and peaking in Q4 2025 to Q1 
2026. The memecoins and altcoins continue to dominate the narrative in the 
crypto space this year. The next NFT season two will begin in January 2026, 
followed by the Bitcoin Ordinals in mid-year 2026. “It&#8217;s always a cycle, and 
Not Financial Advice, so gamble responsibly,” he added. Featured image from 
iStock images, chart from tradingview.com