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Cardano price tests key levels amid rising institutional interest and market optimism

Cardano (ADA) is currently testing critical support at $0.60 and resistance at $0.80, with bullish signals emerging from a Falling Wedge pattern and an oversold RSI at 36.28. Institutional interest is rising as Cardano's stablecoin market cap reaches an all-time high, indicating potential for significant price appreciation. Analysts suggest that if ADA surpasses $0.80, it could lead to parabolic growth, with predictions of prices soaring from $1 to $5 in a favorable market.

Zuger Kantonalbank partners with Sygnum to support Cardano and Avalanche trading

Zuger Kantonalbank has partnered with Sygnum Bank to enhance its e-banking and mobile app services by adding support for Cardano (ADA) and Avalanche (AVAX) trading, expanding its crypto offerings to nine assets. This move responds to growing demand for cryptocurrencies amid favorable regulatory changes in key markets. The collaboration also leverages Sygnum’s secure custody solutions, ensuring customer assets are protected with multi-layer security and off-balance sheet segregation.

Zuger Kantonalbank partners with Sygnum to support Cardano and Avalanche trading

Zuger Kantonalbank has partnered with Sygnum Bank to enhance its e-banking and mobile app services, now supporting Cardano (ADA) and Avalanche (AVAX) trading. This expansion responds to growing cryptocurrency demand and increases the bank's supported digital assets to nine, including Bitcoin and Ethereum.The collaboration allows Zuger Kantonalbank to utilize Sygnum’s secure custody solutions, ensuring customer assets are protected with multi-layer security and off-balance sheet segregation to mitigate risks.

Zuger Kantonalbank expands crypto offerings with Cardano and Avalanche partnerships

Zuger Kantonalbank has expanded its cryptocurrency offerings to include Cardano (ADA) and Avalanche (AVAX), partnering with Sygnum Bank to meet growing customer demand for diverse digital assets. This move enhances their existing portfolio, which already features Bitcoin, Ethereum, and several other cryptocurrencies. Regulatory advancements in Europe and the U.S. have further fueled interest in cryptocurrencies, prompting the bank to enhance its services.

Zuger Kantonalbank enhances crypto services with Cardano and Avalanche offerings

Zuger Kantonalbank has partnered with Sygnum to enhance its cryptocurrency offerings by adding Cardano (ADA) and Avalanche (AVAX), responding to rising customer demand and regulatory clarity in the U.S. and Europe. As the first Swiss cantonal bank to provide regulated crypto services since 2023, it now supports various digital assets, including Bitcoin (BTC) and Ethereum (ETH), allowing clients to integrate these into their banking experience seamlessly.The expansion is driven by the growing interest in diverse token options, particularly following the establishment of the U.S. Strategic Bitcoin Reserve and the EU’s MiCA regulation. Zuger Kantonalbank aims to provide comprehensive crypto solutions while ensuring client asset security through Sygnum’s institutional-grade custody platform, which features robust security measures and governance.

Zuger Kantonalbank expands crypto offerings with Cardano and Avalanche tokens

Zuger Kantonalbank has partnered with Sygnum to expand its cryptocurrency offerings, adding Cardano (ADA) and Avalanche (AVAX) to its regulated portfolio, which includes Bitcoin (BTC), Ethereum (ETH), and others. This move responds to rising customer demand and aligns with increasing regulatory clarity in Europe and the U.S. The bank's clients can trade these digital assets through its e-banking and mobile app, with all assets secured by Sygnum’s institutional-grade custody platform. Zuger Kantonalbank, a public limited company founded in 1892, aims to enhance its services as digital asset adoption grows globally.

Swiss bank expands cryptocurrency offerings with Cardano and Avalanche inclusion

Zuger Kantonalbank has expanded its cryptocurrency offerings to include Cardano and Avalanche through a partnership with Sygnum, responding to increased customer demand and growing regulatory clarity. Clients can access these services via e-banking and mobile app, allowing them to enhance their crypto portfolios conveniently.In a separate development, Japanese investment firm Metaplanet has issued ¥2 billion in 0% ordinary bonds to EVO FUND, aiming to bolster its Bitcoin holdings. This marks the firm's ninth bond issuance, with proceeds designated for purchasing more BTC, further solidifying its position as a major corporate Bitcoin holder in Asia.

Zuger Kantonalbank enhances crypto services with Cardano and Avalanche addition

Zuger Kantonalbank has expanded its cryptocurrency offerings by adding Cardano (ADA) and Avalanche (AVAX) to its portfolio, which already includes Bitcoin, Ethereum, and others. This move, facilitated through a partnership with Sygnum, responds to growing customer demand and evolving regulations in the cryptocurrency space. Clients can trade these assets via the bank's e-banking and mobile platforms, benefiting from Sygnum's secure custody services.

Sygnum partners with Societe Generale to launch EURCV stablecoin for banks

Sygnum has partnered with Societe Generale-FORGE to integrate the EUR CoinVertible (EURCV) stablecoin into its B2B platform, set to launch in Q1 2025. The fully collateralized, MiCA-compliant stablecoin enhances usability for financial institutions and supports the growing demand for digital asset solutions in Europe. This collaboration marks a significant step in institutional adoption of regulated digital assets.

Sygnum partners with Societe Generale to launch regulated euro stablecoin in Europe

Sygnum is expanding its B2B platform in Europe through a partnership with Societe Generale-FORGE, introducing the EUR CoinVertible (EURCV), a MiCA-regulated stablecoin, to over 20 partner banks by Q1 2025. This initiative aims to enhance institutional adoption of digital assets, providing a secure bridge for traditional financial players. The EURCV, launched on the Ethereum blockchain, is fully collateralized and allows for seamless transfers, bolstering trust and accessibility in the digital asset ecosystem.
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