Federal Reserve Chairman Powell made a significant statement: American banks can finally legally play with Ethereum! Is ETH about to ignite a $100 billion capital door?
Imagine this: The behemoths of Wall Street are finally unleashed! They are no longer just bystanders, but are about to become the "whales" of the blockchain market.
In December 2025, Jerome Powell, the Chairman of the Federal Reserve, dropped a bombshell during a congressional hearing: "American banks can absolutely provide services for cryptocurrency customers, as long as they ensure 'safety and soundness.'"
Does this sentence sound bland? Wrong! This is the green light that the crypto world has been waiting for years! Especially for Ethereum (ETH), this means that the world's largest financial institutions—from JPMorgan to Citibank—now have a clear "rulebook" to make a big move into on-chain services.
ETH is not just a digital asset; it is the king of smart contracts, the cornerstone of DeFi, NFTs, and Web3. When banks start to move, they bring not small amounts, but a torrent of billions, even hundreds of billions of dollars.
Why is this the "ultimate unlock" for ETH?
Looking back, banks have always been ambivalent towards cryptocurrencies. The banking crisis of 2023 (the collapse of SVB and Signature Bank) led the Fed to tighten regulations for a time, and many banks refused to open accounts for crypto companies citing "reputational risk." This is what is known as "Operation Choke Point 2.0" - a conspiracy theory about the government secretly "suffocating" the cryptocurrency industry. But now, Powell has clarified in his own words: We have no intention of obstructing banks from providing crypto services. As long as they comply with anti-money laundering (AML), risk management, and consumer protection regulations, banks can confidently participate.
More specifically, the Office of the Comptroller of the Currency (OCC) in the United States issued Interpretive Letter No. 1186 in November, which granted banks "holding permission": they can hold crypto assets like ETH to pay for blockchain "gas fees" (transaction fees).
This is not just child's play! Imagine a major bank handling thousands of on-chain transactions for customers, how much ETH is burned every day? This will directly increase the demand for ETH, stabilize its price, and attract more institutional funds to flow in.
The market has already caught wind of the news. After Powell's remarks, Bitcoin surged by 2.7%, ETH followed with a rise of 1.7%, and Solana skyrocketed by 3.3%. This is not a coincidence, but rather a celebration by investors of "clear regulation." Traditional finance has finally acknowledged: crypto is not a fringe toy, but the cornerstone of future finance. When banks start offering ETH custody, payment settlement, and derivatives services, ETH's market value will easily soar from the current $300 billion to the trillion-dollar level.
With banks entering the scene, how will ETH "turn the world upside down"?
• Institutional funding frenzy: Wall Street manages 40% of global assets. When they shift 1% (that’s hundreds of billions) towards ETH, what can retail investors do? This is a true "FOMO" (Fear Of Missing Out) moment.
• DeFi and Traditional Integration: Banks can use ETH to build stablecoins and cross-border payment systems, replacing the old world of SWIFT. Imagine, your salary being settled directly on the chain, with zero fees and instant deposits.
• Global effect: The United States leads, with other countries following. The EU's MiCA regulations and Hong Kong's pilot in Asia are both accelerating. ETH will become the smart version of "digital gold," supporting the entire Web3 ecosystem.
Of course, Powell also sounded the alarm: risk management is the red line. Banks cannot blindly go all-in; they must invest in technology and compliance. But this is precisely the opportunity! For ETH developers, this is an excellent time to upgrade EIP-1559 (the burn mechanism) and make the deflationary effect even more intense.
Conclusion: The rocket for ETH has been ignited and is ready for takeoff!
Powell's remarks are not news; they are a declaration. They announce the official start of the "honeymoon period" between crypto and traditional finance. The world's largest financiers now have a "clear runway" to enter the blockchain market. When the banks move, ETH is no longer "about to be unlocked" - it has already been unlocked!
Investors, don't hesitate any longer. ETH is not gambling, it's the future. Ride this wave, and perhaps your wallet will soon thank Powell for his "blessings."
Are you ready? The on-chain revolution starts now! 🚀
(Source: Fed official hearings, OCC guidance, and market immediate reactions. Investment involves risks; please conduct your own research.) #十二月行情展望 #加密市場回暖 #加密市場觀察 $BTC $ETH $DOGE
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GateUser-cabdee6a
· 12-03 11:15
Gegu acting sneaky, just happened to UGG, just finished work, heading home, chirping away: made a donation to the Han Hong Foundation, improving together, planning with the bureau, having a smoke, switching shifts, tweeting and chirping, clicking away, mumbling, you there, haha, awkward, hahaha, just now vvvvvv, humming and mumbling, and then there's TTTT.
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GateUser-8344175f
· 12-03 06:58
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GateUser-8344175f
· 12-03 06:58
坐稳扶好,马上起飞 🛫
Reply0
GateUser-723d316f
· 12-03 06:55
ooooooooooooooooooooooooooooooooooooooooooook
Reply0
Andrii31
· 12-03 05:48
wow this is very interesting news
Reply0
$GlobalVillage$
· 12-03 05:06
Unfortunately, I got left behind. 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂 I don't dare to chase anymore.
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Yemets13
· 12-03 04:25
yes yes yes obhss
Reply0
CryptoWorldSnacks
· 12-03 04:01
Gate announces that its global registered user count has surpassed 40 million. This milestone is not only a quantitative increase in the platform's user base but also a qualitative transformation resulting from its long-term strategic investments. Since its establishment in 2013, Gate has always prioritized compliance and security, continuously expanding its global compliance footprint. Gate actively advances its regulatory layout in Europe and other markets, with its subsidiary Gate Technology Ltd having obtained a MiCA license under the regulation of the Malta Financial Services Authority (MFSA).
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GateUser-6fcd6989
· 12-03 03:43
Damn, this method of harvesting retail investors is absolutely ruthless.
Big whales, options, short liquidations—it’s like they might as well write their harvesting plan on their foreheads.
If you’re still holding DOGE longs right now... my advice is don’t try to fight it.
0.143 is the death zone—if it breaks, shorting isn’t a bad idea, but the premise is you have to survive until then.
Meme coins really aren’t for regular people. You want steady profits from something with over 100% volatility? What are you thinking?
My suggestion: take profits and get out, don’t wait for a rebound. Even the rebound is a trap.
---
Another killer setup... this time they really went big.
---
That advice about position management is true, but no one listens.
---
Avoiding catching falling knives is just too hard. Every time I think a dip is a buying opportunity, I end up burned.
---
If on-chain data looks like this and you still don’t run, that’s not bravery, that’s just giving away money.
Federal Reserve Chairman Powell made a significant statement: American banks can finally legally play with Ethereum! Is ETH about to ignite a $100 billion capital door?
Imagine this: The behemoths of Wall Street are finally unleashed! They are no longer just bystanders, but are about to become the "whales" of the blockchain market.
In December 2025, Jerome Powell, the Chairman of the Federal Reserve, dropped a bombshell during a congressional hearing:
"American banks can absolutely provide services for cryptocurrency customers, as long as they ensure 'safety and soundness.'"
Does this sentence sound bland? Wrong! This is the green light that the crypto world has been waiting for years! Especially for Ethereum (ETH), this means that the world's largest financial institutions—from JPMorgan to Citibank—now have a clear "rulebook" to make a big move into on-chain services.
ETH is not just a digital asset; it is the king of smart contracts, the cornerstone of DeFi, NFTs, and Web3. When banks start to move, they bring not small amounts, but a torrent of billions, even hundreds of billions of dollars.
Why is this the "ultimate unlock" for ETH?
Looking back, banks have always been ambivalent towards cryptocurrencies. The banking crisis of 2023 (the collapse of SVB and Signature Bank) led the Fed to tighten regulations for a time, and many banks refused to open accounts for crypto companies citing "reputational risk."
This is what is known as "Operation Choke Point 2.0" - a conspiracy theory about the government secretly "suffocating" the cryptocurrency industry. But now, Powell has clarified in his own words:
We have no intention of obstructing banks from providing crypto services. As long as they comply with anti-money laundering (AML), risk management, and consumer protection regulations, banks can confidently participate.
More specifically, the Office of the Comptroller of the Currency (OCC) in the United States issued Interpretive Letter No. 1186 in November, which granted banks "holding permission": they can hold crypto assets like ETH to pay for blockchain "gas fees" (transaction fees).
This is not just child's play! Imagine a major bank handling thousands of on-chain transactions for customers, how much ETH is burned every day? This will directly increase the demand for ETH, stabilize its price, and attract more institutional funds to flow in.
The market has already caught wind of the news. After Powell's remarks, Bitcoin surged by 2.7%, ETH followed with a rise of 1.7%, and Solana skyrocketed by 3.3%. This is not a coincidence, but rather a celebration by investors of "clear regulation." Traditional finance has finally acknowledged: crypto is not a fringe toy, but the cornerstone of future finance. When banks start offering ETH custody, payment settlement, and derivatives services, ETH's market value will easily soar from the current $300 billion to the trillion-dollar level.
With banks entering the scene, how will ETH "turn the world upside down"?
• Institutional funding frenzy: Wall Street manages 40% of global assets. When they shift 1% (that’s hundreds of billions) towards ETH, what can retail investors do? This is a true "FOMO" (Fear Of Missing Out) moment.
• DeFi and Traditional Integration: Banks can use ETH to build stablecoins and cross-border payment systems, replacing the old world of SWIFT. Imagine, your salary being settled directly on the chain, with zero fees and instant deposits.
• Global effect: The United States leads, with other countries following. The EU's MiCA regulations and Hong Kong's pilot in Asia are both accelerating. ETH will become the smart version of "digital gold," supporting the entire Web3 ecosystem.
Of course, Powell also sounded the alarm: risk management is the red line. Banks cannot blindly go all-in; they must invest in technology and compliance. But this is precisely the opportunity! For ETH developers, this is an excellent time to upgrade EIP-1559 (the burn mechanism) and make the deflationary effect even more intense.
Conclusion: The rocket for ETH has been ignited and is ready for takeoff!
Powell's remarks are not news; they are a declaration. They announce the official start of the "honeymoon period" between crypto and traditional finance. The world's largest financiers now have a "clear runway" to enter the blockchain market.
When the banks move, ETH is no longer "about to be unlocked" - it has already been unlocked!
Investors, don't hesitate any longer. ETH is not gambling, it's the future. Ride this wave, and perhaps your wallet will soon thank Powell for his "blessings."
Are you ready? The on-chain revolution starts now! 🚀
(Source: Fed official hearings, OCC guidance, and market immediate reactions. Investment involves risks; please conduct your own research.)
#十二月行情展望 #加密市場回暖 #加密市場觀察 $BTC $ETH $DOGE