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BBVA gets nod to offer Bitcoin and Ethereum trading services in Spain

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BBVA gets nod to offer Bitcoin and Ethereum trading services in Spain

  • BBVA customers in Spain will soon be able to trade Bitcoin (BTC) and Ethereum (ETH).
  • The bank will roll out the crypto trading services in phases.
  • First, the bank will allow a select group of customers to test the services before expanding it to retail customers.

Spain’s Banco Bilbao Vizcaya Argentaria (BBVA), the country’s second-largest bank, has received regulatory approval from the Comisión Nacional del Mercado de Valores (CNMV) to offer Bitcoin (BTC) and Ethereum (ETH) trading services.

Following the approval by the securities regulator, BBVA announced that its clients will soon be able to buy, sell, and manage BTC and ETH directly through its mobile banking app, a move that underscores the growing convergence of legacy banking and digital assets.

This development positions BBVA as a trailblazer among European banks, capitalizing on the increasing demand for crypto-related services. With Bitcoin (BTC) trading at approximately $82,808 and Ethereum (ETH) at $2,118, the bank aims to tap into a market that has seen explosive growth and institutional interest.

Notably, BBVA’s decision reflects a broader trend of traditional financial institutions adapting to the evolving preferences of tech-savvy customers, many of whom view cryptocurrencies as both an investment opportunity and a hedge against economic uncertainty.

A phased rollout approach

BBVA will roll out its crypto trading in phases. Initially, the service will be available to a select group of users, allowing the bank to test and refine its platform before a wider rollout.

Afterwards, the lender will gradually expand access to all private banking customers across Spain.

This cautious yet deliberate strategy highlights BBVA’s commitment to ensuring a seamless and secure experience for its clients, leveraging its own cryptographic key custody platform to maintain full control over digital asset holdings without relying on third-party providers.

The bank’s proprietary custody solution is a key differentiator. By keeping customer assets in-house, BBVA aims to enhance security and trust—crucial factors in a sector often plagued by concerns over hacks and mismanagement. This move also aligns with the bank’s long-standing emphasis on technological innovation, positioning it as a leader in the digital transformation of finance.

Building on the rising crypto adoption trends

BBVA’s crypto journey is not a sudden leap but a calculated expansion of efforts that began years ago. In June 2021, the bank launched Bitcoin custody and trading services for private banking clients in Switzerland, where regulatory clarity provided an early foothold.

Since then, BBVA’s Swiss branch has broadened its offerings to include ETH and the USDC stablecoin after partnering with Ripple’s Metaco, catering to a sophisticated clientele comfortable with digital assets.

More recently, in January 2025, BBVA’s Turkish subsidiary, Garanti BBVA Kripto, introduced crypto trading services to the public, further solidifying the bank’s global footprint in this space.

The approval in Spain builds on these successes, adapting lessons learned from Switzerland and Turkey to meet the unique needs of the Spanish market.

With each step, BBVA is demonstrating a strategic vision to integrate cryptocurrencies into its core offerings, aligning with shifting regulatory and consumer landscapes.

Notably, the timing of BBVA’s Spanish rollout coincides with the full implementation of the European Union’s Markets in Crypto-Assets Regulation (MiCA), which took effect at the end of 2024. MiCA establishes a harmonized framework for crypto services across the EU, providing banks and firms with the legal clarity needed to operate confidently.

Under this regulation, companies have until July 2026 to achieve full compliance during an 18-month transitional phase, giving BBVA ample time to refine its operations.



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Is Donald Trump’s World Liberty Finance Behind The Crash To $1,400?

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The Ethereum price crash to $1,400 has shaken the crypto market, amplifying already volatile conditions. This dramatic price drop comes after a major ETH sell-off by US President Donald Trump’s World Liberty Finance, suggesting that the recent dump may have been a primary catalyst behind ETH’s price collapse.

Blockchain analytics platform Lookonchain revealed on April 9 via X (formerly Twitter) that the wallet associated with World Liberty Finance, a decentralized finance protocol linked to Trump, recently dumped a significant amount of Ethereum. Interestingly, this sell-off came just before Ethereum’s price crash, raising the question of whether it contributed to the unexpected decline.

Donald Trump‘s World Liberty Finance Dumps ETH

Launched in 2024, World Liberty Finance is Trump’s controversial digital asset firm designed to rival centralized banking and facilitate the adoption of stablecoins. According to data from Lookonchain, Trump’s World Liberty Finance, which was previously accumulating Ethereum at a low price, is now selling off a large chunk of its holding at a steep loss. 

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Lookonchain flagged the transaction, noting that the wallet linked to World Liberty Finance had offloaded 5,471 ETH tokens worth roughly $8.01 million. The sell-off was executed at a price of $1,465 per ETH, a significant drop from its previous value of over $1,600. 

Notably, World Liberty Finance’s ETH sell-off move has raised eyebrows across the crypto community. It appears to mark a shift in strategy for a player who was previously known for large-scale ETH accumulation

According to Lookonchain, the wallet address linked to World Liberty Finance had accumulated a total of 67,498 ETH at an average price of $3,259. This means that the decentralized finance protocol spent a total of $210 million to amass such a large amount of ETH. 

At its sell-off price, this leaves the entity sitting on a staggering unrealized loss of around $125 million. The recent sell-off also adds more fuel to the growing uncertainty surrounding Ethereum’s future outlook, as the cryptocurrency’s recent price crash has sparked even more bearish predictions of continued decline. 

Although the reason behind World Liberty Finance’s unexpected ETH sell-off remains unclear, some believe that the dump was likely triggered by Ethereum’s ongoing price decline, while others suggest it could signal a market bottom. 

Ethereum Price Crash To $1,400

Ethereum’s price decline to $1,400 came as a shock to the market, making it the first time the cryptocurrency had fallen so low in seven years. Notably, Ethereum was not the only leading cryptocurrency that was affected by the market turmoil, as big players like Bitcoin also suffered losses.

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Currently, Ethereum seems to be recovering slightly from its previous low and is now trading at $1,591 after jumping 7.44%. Although this recovery brings hope of a rebound, the cryptocurrency’s value has still dropped by 16.63% over the past month. Moreover, technical indicators from CoinCodex highlight that sentiment surrounding the cryptocurrency is still deeply bearish, suggesting that further declines could be on the horizon.

Ethereum
ETH trading at $1,596 on the 1D chart | Source: ETHUSDT on Tradingview.com

Featured image from Unsplash, chart from Tradingview.com



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Ethereum Long-Term Holders Show Signs Of Capitulation – Prime Accumulation Zone?

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Ethereum saw a dramatic turnaround this week, bouncing over 21% from its recent low of $1,380 in just hours. The sharp recovery came in response to an unexpected shift in macroeconomic policy: US President Donald Trump announced a 90-day pause on reciprocal tariffs for all countries—except China, which now faces a steep 125% tariff. The news sent a ripple through global markets, sparking a short-term rally in risk assets, including crypto.

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Ethereum, which had been under heavy selling pressure for weeks, appears to have found temporary relief. According to Glassnode data, long-term Ethereum holders are starting to fold, offloading positions at a loss after months of decline. Historically, these moments of long-term holder capitulation have often marked bottoming phases and preceded meaningful rebounds.

While short-term volatility remains elevated, some analysts view this setup as a potential opportunity zone, especially for contrarian investors looking to accumulate during peak fear. The market now watches to see if ETH can hold its gains or if broader uncertainty will drag prices back down. One thing is clear: the next few days could be pivotal for Ethereum’s trend heading into the second half of 2025.

Ethereum Finds Relief Amid Chaos, But Market Remains On Edge

Ethereum is now at a pivotal crossroads after enduring weeks of relentless selling pressure and uncertainty. The recent surge from sub-$1,400 levels has offered a glimmer of hope, as bulls begin to push back against the downtrend. This bounce follows aggressive volatility not just in crypto but across global equities, with price action rocked by continued geopolitical unrest and macroeconomic instability. US President Donald Trump’s unpredictable stance on tariffs remains a wildcard, keeping global markets on edge.

Since peaking in late December, Ethereum has shed over 60% of its value, triggering growing concern that a full-scale bear market may be unfolding. Many investors have already exited positions, while others remain sidelined waiting for clarity. Still, some see opportunity.

According to top analyst Ali Martinez, long-term Ethereum holders have now entered what’s commonly referred to as “capitulation” mode—a stage when even the most patient investors begin to fold under pressure. Martinez believes this could present a rare window for contrarian buyers. “For those watching risk-reward dynamics, this phase has historically marked prime accumulation zones,” he shared on X.

Ethereum Long-Term Holder NUPL | Source:Ali Martinez on X
Ethereum Long-Term Holder NUPL | Source: Ali Martinez on X

While Ethereum’s path forward is still uncertain, current sentiment suggests that a critical test is underway—one that could determine whether this recovery has legs, or if further pain lies ahead.

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Bulls Look To Confirm Recovery With Key Breakout

Ethereum is showing signs of short-term strength as it forms an “Adam & Eve” bullish reversal pattern on the 4-hour chart. This classic technical formation, which starts with a sharp V-shaped low followed by a rounded bottom, often signals a potential breakout if price action holds and follows through. For Ethereum, reclaiming the $1,820 level is the first step to confirm this bullish structure.

ETH forming a reversal in 4-hour chart | Source: ETHUSDT chart on TradingView
ETH forming a reversal in 4-hour chart | Source: ETHUSDT chart on TradingView

If bulls can push ETH above this level with conviction, the next key challenge lies at the 4-hour 200 moving average (MA) and exponential moving average (EMA), both of which converge around the $1,900 mark. A decisive breakout through this zone would validate the recovery setup and could kickstart a more sustained move higher.

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However, failure to reclaim the $1,800 level in the coming days may keep ETH stuck in a consolidation range. If rejected, price could remain rangebound between current levels and the lower support area near $1,300, where ETH recently bounced. For now, all eyes are on how price reacts to the resistance levels ahead, as bulls aim to regain control and shift the short-term momentum in their favor.

Featured image from Dall-E, chart from TradingView 



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Ethereum Drops Below Key Realized Price: Last Time Was March 2020 Before A Rally

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Ethereum has suffered yet another blow this week, sliding to a fresh low of around $1,380 — a level not seen since March 2023. The ongoing downtrend has left investors increasingly concerned, with many now questioning whether ETH’s long-term bullish structure is still intact. Market conditions remain harsh, driven by persistent macroeconomic tensions, rising global instability, and uncertainty stemming from U.S. trade and fiscal policies.

Sentiment across the crypto space continues to deteriorate, and Ethereum’s price action reflects that unease. After months of struggling to hold key support levels, the breakdown below $1,500 has added to fears that a deeper correction may be unfolding.

However, amidst the gloom, there may be a silver lining. According to CryptoRank data, Ethereum is now trading below its realized price — a rare occurrence historically associated with market bottoms and strong recovery phases.

While the near-term outlook remains uncertain, such rare on-chain signals could indicate that Ethereum is entering a key accumulation zone. The coming days and weeks will be critical in determining whether this is just another leg down — or the beginning of a long-term reversal.

Ethereum Sinks Below Realized Price As Fear Takes Over The Market

Ethereum has now lost over 33% of its value since late March, triggering deep concern among investors and analysts alike. The price plunge has brought ETH down to levels not seen in over two years, sparking panic and despair among holders who once expected 2025 to be a breakout year for altcoins. Instead, Ethereum has become a symbol of market fragility as the broader macroeconomic landscape continues to worsen.

Trade war fears, inflationary pressure, and a potential global recession are shaking financial markets to their core. In this climate, high-risk assets like Ethereum are among the first to suffer. As capital exits speculative assets in favor of safer havens, ETH’s selloff has only accelerated — and investor confidence has taken a serious hit.

However, there may be a glimmer of hope in the data. Top crypto analyst Carl Runefelt recently pointed out on X that Ethereum is now trading below its realized price of $2,000 — a rare occurrence that has historically signaled major turning points in ETH’s price trajectory.

Ethereum Realized Price by Accumulating Addresses | Source: Carl Runefelt on X
Ethereum Realized Price by Accumulating Addresses | Source: Carl Runefelt on X

Runefelt emphasized that the last time ETH dipped below its realized price was in March 2020, when it crashed from $283 to $109 — only to recover strongly in the following months. While the current environment is full of uncertainty, such on-chain metrics hint at the possibility that ETH is entering an accumulation phase once again.

Still, confidence remains fragile, and price action must stabilize before any real bullish narrative can return. Ethereum’s next moves will be critical in determining whether this level marks a true bottom — or just another stop on the way down.

ETH Struggles Below $1,500 With No Clear Support in Sight

Ethereum is currently trading below the $1,500 level after suffering a brutal 50% decline since late February. The aggressive selloff has erased months of gains and left investors in a state of uncertainty, as ETH shows no signs of recovery. Market sentiment remains overwhelmingly bearish, and there is little indication that a bottom has been reached.

ETH facing aggressive selling pressure | Source: ETHUSDT chart on TradingView
ETH facing aggressive selling pressure | Source: ETHUSDT chart on TradingView

At this stage, Ethereum lacks a clearly defined support zone. Bulls have lost control, and price action continues to drift lower with weak demand and increasing fear. For a meaningful reversal to begin, ETH must first reclaim the $1,850 level — a zone that previously served as a key support and now stands as major resistance.

Until that happens, any upside attempt is likely to be met with strong selling pressure. The situation becomes even more precarious if Ethereum loses the $1,380 level, which has so far acted as a psychological threshold. Falling below this area could open the door to a deeper correction toward the $1,100–$1,200 range.

With macroeconomic tensions still high and volatility expected to persist, traders and investors will be watching closely to see whether Ethereum can stabilize — or continue its sharp decline.

Featured image from Dall-E, chart from TradingView 

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