BREAKING: Coinbase Lists Major Altcoin - Rally Ignites Market Frenzy!
Coinbase just dropped a bombshell listing that's sending shockwaves through crypto markets.
The altcoin in question? Market players are scrambling as trading volumes spike 300% within hours of the announcement.
Price Action Explosion
Watch the charts light up - we're seeing classic Coinbase effect in real time. The listed asset ripped through resistance levels like they weren't even there. Institutional money flowing in? Retail FOMO kicking into overdrive? All signs point to yes.
Market Dynamics Shift
This isn't just another listing. The timing suggests Coinbase knows something the rest of us don't. Regulatory clarity coming? Or just another case of exchange-driven hype that'll make some rich and leave others holding the bag - because in crypto, someone always pays for the party.
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It is also worth noting that the deal gives Cadence shareholders 2.475 Huntington shares for each Cadence share, valuing it at $39.77 per share. The combined bank will become one of the top ten in the U.S., with $276 billion in assets, $220 billion in deposits, and $184 billion in loans and leases. Huntington CEO Steve Steinour said that the partnership will expand the firm’s reach to 21 states and includes fast-growing areas like Houston, Dallas, Fort Worth, and Austin.
Huntington also raised its performance goals following the announcement. In fact, it now expects a return on tangible common equity (ROTCE) of 18% to 19%, which is up from its earlier target of 16% to 17%. For context, ROTCE measures how well a bank uses its Core capital to earn profits. RBC Capital Markets analysts said that the deal fits well with Huntington’s plan to grow in Texas and the Southeast. In addition, the deal, which was first reported by The Wall Street Journal, is expected to close in early 2026.
Is HBAN Stock a Good Buy?
Turning to Wall Street, analysts have a Moderate Buy consensus rating on HBAN stock based on 11 Buys, two Holds, and one Sell assigned in the past three months, as indicated by the graphic below. Furthermore, the average HBAN price target of $19.82 per share implies 26.1% upside potential.
