Bitcoin Price Prediction: PNC, CFTC, and NYSE Catalysts Ignite Bullish Momentum Toward $100K
Bitcoin’s institutional momentum accelerated this week as PNC Bank became the first major U.S. bank to offer direct BTC trading...
Quick overview
- PNC Bank has become the first major U.S. bank to offer direct Bitcoin trading, enhancing access for high-net-worth clients.
- The CFTC has launched a pilot program allowing Bitcoin and other cryptocurrencies as collateral in derivatives trading, boosting institutional confidence.
- Jack Mallers' Twenty One Capital debuted on the NYSE with a $3.9 billion Bitcoin treasury, positioning itself as a significant player in the market.
- These developments collectively strengthen liquidity and bullish sentiment in the Bitcoin ecosystem.
Bitcoin’s institutional momentum accelerated this week as PNC Bank became the first major U.S. bank to offer direct BTC trading, the CFTC opened derivatives markets to crypto collateral, and Jack Mallers’ Twenty One Capital debuted on the NYSE with a $3.9bn Bitcoin treasury. Together, these developments strengthen liquidity, broaden access, and reinforce bullish sentiment across the BTC ecosystem.
PNC Becomes First Major U.S. Bank to Offer Direct Bitcoin Trading Through Coinbase
With its own digital banking platform, PNC Bank is now the first significant U.S. bank to allow qualified Private Bank customers to directly purchase, sell and keep Bitcoin. The tool makes advantage of Coinbase’s Crypto-as-a-Service architecture which maintains the client experience entirely inside PNC’s system while managing trade, custody and settlement in the background.
This action is a significant step toward integrating spot Bitcoin trading into conventional wealth management and comes after PNC’s previous collaboration with Coinbase. It coincides with Bank of America allowing advisors to suggest a 1%–4% cryptocurrency investment, indicating a broader change on Wall Street.
According to PNC the new service allows high-net-worth customers to access regulated, safe Bitcoin through accounts they currently have.
In later stages, PNC intends to increase Bitcoin access for other clientele including institutional investors.
💥 JUST IN: 🇺🇸 PNC Bank partners with Coinbase to allow private clients to buy and hold Bitcoin in existing accounts
The first such offering by a major U.S. bank
The banks are flocking to Bitcoin 👀 pic.twitter.com/w6iStrr11B
— Bitcoin Archive (@BitcoinArchive) December 9, 2025
A major sign of widespread acceptance is a leading American bank that offers direct Bitcoin trading. This stimulates demand from affluent customers, strengthens institutional confidence and overall supports the bullish momentum for Bitcoin prices.
CFTC Pilot Opens Door for Crypto Collateral in Derivatives Markets
Bitcoin, Ether and USDC can now be accepted as margin collateral in derivatives trading by futures commission merchants thanks to a significant pilot program started by the U.S. Commodities Futures Trading Commission (CFTC). The program incorporates strong weekly reporting guidelines to guarantee openness, client safety and appropriate risk management as announced by acting chair Caroline Pham.
This upgrade provides new guidelines on tokenized real-world assets, segregation regulations and legal standards in addition to replacing previous limits. Additionally the CFTC released a no-action stance endorsing the use of payment stablecoins as collateral for margin.
Leaders in the cryptocurrency business warmly applauded the action, describing it as a breakthrough for automated settlement and tokenized collateral in the vast derivatives market.
🇺🇸NEW: Acting Chairman Pham has announced that the CFTC has launched a digital-assets pilot program allowing BTC and ETH to be used as collateral in U.S. derivatives markets. pic.twitter.com/sjfF8yYFDB
— CoinDesk (@CoinDesk) December 8, 2025
One significant step toward widespread use is the acceptance of Bitcoin as collateral in regulated U.S. derivatives markets. It strengthens liquidity, boosts institutional trust and establishes Bitcoin as a significant financial asset. Due to increased demand and enhanced market credibility this favorable regulation change is probably going to reinforce upward pressure on Bitcoin prices.
Jack Mallers’ Twenty One Capital Debuts on NYSE with $3.9B in Bitcoin
Twenty One Capital, the Bitcoin-focused business of Jack Mallers has formally debuted on the New York Stock Exchange with the ticker XXI. The company wants to be the biggest Bitcoin holder on the open market. After MicroStrategy and MARA Holdings it currently holds 43,514 BTC or almost $3.9 billion, making it the third-largest corporate Bitcoin holder.
The business was founded following a merger with Cantor Equity Partners and is supported by significant organizations like SoftBank, Tether, Bitfinex and Cantor Fitzgerald. According to Mallers the objective is to give Bitcoin “the place it deserves in global markets.”
The company intends to create educational materials, lending models, and financial solutions based on Bitcoin in addition to keeping BTC.
💥 BREAKING: 🇺🇸 Jack Mallers' Twenty One Capital goes live on the NYSE with $4 BILLION Bitcoin on its balance sheet pic.twitter.com/EEvKoKAi9o
— Bitcoin Archive (@BitcoinArchive) December 9, 2025
The huge BTC treasury and solid institutional support boost trust in Bitcoin as a widely used asset. When more businesses fight to acquire Bitcoin this kind of high-profile listing usually improves investor mood and helps upward pressure on BTC prices.
Bitcoin Technical Analysis
Bitcoin is trading near $92,680, holding above the short-term ascending trendline that has guided the recovery since the December low. Recent candles show rejection near $94,612, where long upper wicks signal profit-taking and hesitation from buyers. Price is currently consolidating between $91,948 support and the $94,612 resistance zone.
The 50-EMA on the 2-hour chart is turning upward, while the 200-EMA remains above price, keeping the structure mildly neutral. A decisive close above $94,612 would expose the next resistance at $96,788, followed by $99,207. On the downside, losing $91,948 opens a move toward $90,000, then the stronger support at $88,628, aligned with the previous swing region.
RSI is stabilizing around mid-levels, showing neither strong momentum nor clear exhaustion. As long as Bitcoin stays above the rising trendline, the bias leans toward gradual upside, but a break below $91,948 would weaken the structure.
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