Author: Ethan Carter
Ethan is a seasoned cryptocurrency writer with extensive experience contributing to leading U.S.-based blockchain and fintech publications. His work blends in-depth market analysis with accessible explanations, making complex crypto topics understandable for a broad audience. Over the years, he has covered Bitcoin, Ethereum, DeFi, NFTs, and emerging blockchain trends, always with a focus on accuracy and insight. Ethan's articles have appeared on major crypto portals, where his expertise in market trends and investment strategies has earned him a loyal readership.
Figure Technology, a blockchain-based financial services firm concentrating on tokenized assets and lending, has initiated a second public offering intending to issue native equity directly on a public blockchain. This initiative, which follows the company’s recent Nasdaq listing, aims to broaden decentralized finance (DeFi) applications on Solana.During the Solana Breakpoint conference, Figure’s executive chairman Mike Cagney announced that the firm has filed with the US Securities and Exchange Commission (SEC) to introduce what he referred to as “a new version of Figure equity on a public blockchain,” specifically Solana.Cagney mentioned that the blockchain-native equity would not be traded on traditional…
HBAR experienced a downturn on Thursday, following a significant selloff that caused the token to drop 4% to $0.1247 after breaking through several technical levels.The Hedera network’s native token shows a $0.0082 range, indicating 6.4% volatility, as resistance at $0.1320 continues to thwart bulls in their efforts to build on gains.Trading volume analysis reveals increased institutional interest throughout the session. This rise in activity suggests a true price discovery process, distinguishing it from the low-liquidity fluctuations often seen in smaller altcoins.The afternoon decline has established a distinct lower high pattern from the initial spike on December 11, leading to a…
Figure Technology, a blockchain-focused financial services firm specializing in tokenized assets and lending, has initiated a second public offering to issue native equity directly on a public blockchain. This move, following the company’s recent listing on Nasdaq, aims to enhance decentralized finance (DeFi) applications on Solana.At the Solana Breakpoint conference, Figure’s executive chairman Mike Cagney announced that the company has filed with the US Securities and Exchange Commission (SEC) to create what he calls “a new version of Figure equity on a public blockchain,” specifically targeting Solana.Cagney emphasized that the blockchain-native equity would not be traded on conventional exchanges like…
DOT$2.0647 experienced a technical failure during Friday’s trading session as the token dropped from a peak of $2.09 to $1.97, erasing its former rally momentum.The drop was seen on significant volume that surged to 284% above normal levels, according to CoinDesk Research’s technical analysis model.The analysis indicated that the token breached support at $2.05 as selling pressure escalated during this timeframe.The breakdown quickened on a volume of 10.3 million tokens, confirming the breach of the ascending trendline support that had sustained the recent bullish formation, per the model.Repeated tests of the $2.05 level cemented this area as significant resistance before…
Sure! Here’s a rewritten version of your content while keeping the HTML tags intact: CryptoQuant’s Spot Taker CVD indicates that Bitcoin purchasers are regaining control in significant loss areas, suggesting spot-driven accumulation and a potential conclusion to the current correction. Summary CryptoQuant’s Spot Taker CVD has transitioned to a Taker Buy Dominant state, revealing that aggressive market purchases now surpass aggressive sales on spot exchanges. This shift occurs while BTC resides in deep loss zones for short-term holders, a scenario historically connected to late-stage corrections and an increase in recovery potential. To substantiate a lasting trend reversal, strong validation requires…
A widening divide is surfacing in Washington, D.C., between the cryptocurrency sector and labor unions as legislators discuss the potential easing of regulations to permit cryptocurrencies in 401(k) retirement accounts.The conflict revolves around proposed market structure legislation that seeks to allow retirement accounts to invest in crypto, a change that labor groups argue could put workers at speculative risk. In a letter sent on Wednesday to the US Senate Banking Committee, the American Federation of Teachers warned that the volatility of cryptocurrencies makes them unsuitable for pension and retirement savings, cautioning that significant losses could occur for workers.The letter received…
Ether (ETH) is trading near levels that have historically indicated market bottoms, with classic chart patterns hinting at a potential rise to $5,000. Key takeaways:The price of Ether is approaching its realized price, which has typically signaled buying opportunities leading to significant rallies.V-shaped recovery and falling wedge patterns are appearing, aiming for a $5,000 ETH price. Ether price set for a parabolic rallyThe ETH/USD pair fell 45% to multi-month lows of $2,621 on Nov. 21 from a peak of $4,758 on Oct. 7.This decline brought the price close to the realized price for whales holding over 100,000 ETH, as depicted in the…
Thomas “Tom” Lee has long been a prominent figure on Wall Street, and his recent move into crypto indicates he is eager to engage in the space.This feature is part of CoinDesk’s Most Influential 2025 list.In 2014, Lee co-founded Fundstrat Global Advisors, a financial research firm. He is currently the head of research at Fundstrat and FSInsight, as well as the chief investment officer at Fundstrat Capital. Over the past two decades, he has earned a reputation as a bullish, media-friendly equity strategist. As the Chairman of the Board at Ethereum treasury BitMine Immersion Technologies (BMNR), he occupies a pivotal…
Binance is set to investigate the tokenization of up to $2 billion in bonds, treasury bills, and commodity reserves within Pakistan, Reuters reported on Friday.The memorandum of understanding (MOU) with the world’s leading cryptocurrency exchange by trading volume showcases Pakistan’s initiative to leverage blockchain technology for enhancing liquidity and drawing foreign investment as it considers a formal crypto regulatory framework.The Finance Ministry of Pakistan mentioned that this initiative could lead to the tokenization of additional real-world assets owned by the government, facilitating their distribution on blockchain platforms.This announcement follows a day after Bilal Bin Saqib, Chairman of Pakistan’s Virtual Assets…
The US Office of the Comptroller of the Currency has granted conditional approval for five national bank charter applications linked to the digital assets sector.In a notice released on Friday, the OCC announced that it had conditionally approved BitGo, Fidelity, and Paxos to transition their existing state-level trust companies into federally chartered national trust banks. Additionally, Circle and Ripple received conditional approval for their new applications for national trust bank charters.“The entry of new players into the federal banking sector benefits consumers, the banking industry, and the economy,” stated Jonathan Gould, the Comptroller of the Currency, adding: “The OCC will…