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.
Crypto exchange Binance has enhanced its application programming interface (API), signaling the platform’s upcoming stock trading features.According to Binance’s changelog, the exchange added three new API endpoints on Thursday, including one with a URL that incorporates stock/contract, enabling users to “sign [a] TradFi-Perps agreement contract.” The other two endpoints introduced on the same day let users access “trading session schedules for a one-week period” or “current trading session information.”This indicates Binance’s intention to introduce perpetual futures trading. The existing trading schedule endpoints imply trading will occur in sessions, similar to traditional finance, rather than adhering to crypto’s constant trading model.This…
Sure! Here’s a rewritten version of the content while keeping the HTML tags intact: The increasing correlation between Bitcoin and stocks tied to artificial intelligence, along with credit markets, puts it at risk of a potential unwind in the AI bubble. However, a return to easing monetary policies might revive Bitcoin as liquidity re-enters the market. Summary Bitcoin’s rising connection with Nvidia, Oracle, and the Nasdaq heightens its vulnerability to any sudden, AI-driven risk-off moves and credit reevaluations. Warnings from central banks and the IMF indicate that AI-inflated valuations, leverage, and private credit structures may lead to a chaotic correction…
Traditional financial markets are rapidly transitioning to onchain as the chair of the US Securities and Exchange Commission emphasized the concept of an “innovation exemption” to foster tokenization.“U.S. financial markets are set to move on-chain,” stated Paul Atkins, chair of the SEC, in a Friday X post, noting that the agency is “adopting new technologies to facilitate this onchain future.”His remarks followed the SEC’s issuance of a “no action” letter to a subsidiary of the Depository Trust and Clearing Corporation (DTCC), allowing it to introduce a new service for securities market tokenization.The DTCC intends to tokenize various assets, including the…
The cryptocurrency market remained volatile on Friday, with bitcoin BTC$92,398.17 fluctuating between $88,000 and $94,000 during a week marked by the Federal Reserve’s decision to lower interest rates by 25 basis points.Typically, interest rate cuts are perceived as positive for risk assets like bitcoin, as they encourage investors to explore returns outside of fiat currencies like the dollar.However, bitcoin and the overall crypto market didn’t behave as anticipated, with BTC dropping below $90,000 after the rate cut before rebounding to the higher end of its range. The CoinDesk 20 Index has risen 0.57% since midnight UTC.The altcoin market appears relatively…
Crypto exchange Binance has rolled out new features for its application programming interface (API), signaling that the platform may soon offer stock trading capabilities.According to Binance’s changelog, the exchange introduced three new API endpoints on Thursday, including one that utilizes a URL with stock/contract — enabling users to “sign [a] TradFi-Perps agreement contract.” The other two endpoints allow users to check “trading session schedules for a one-week period” and “current trading session information.”This development suggests that Binance is gearing up to launch perpetual futures trading on its platform. The current trading schedule endpoints imply that trading may take place in…
Traditional financial markets are swiftly transitioning onchain as the chair of the US Securities and Exchange Commission emphasizes the concept of an “innovation exemption” to advance tokenization.“U.S. financial markets are set to shift on-chain,” stated Paul Atkins, the SEC chair, in a recent X post, noting that the agency is “adopting new technologies to facilitate this onchain future.”His remarks followed the SEC’s issuance of a “no action” letter to a subsidiary of the Depository Trust and Clearing Corporation (DTCC), allowing it to launch a new securities market tokenization service.The DTCC aims to tokenize various assets, including the Russell 1000 index,…
For the first time in five years, the Russell 2000 Index (IWM) is reaching new heights while bitcoin BTC$92,475.24, which typically rises alongside it, is currently lagging and remains 27% below its peak in October. Historical trends indicate that the major cryptocurrency, along with the broader crypto market, is expected to align soon.The Russell 2000, which represents U.S. small-cap stocks, recorded its highest value on Thursday, matching the upward trajectory of larger companies as seen in the Dow Jones Industrial Average (DJIA) and the S&P 500 Index. The Nasdaq 100 is just shy of its all-time peak, and commodities, particularly…
The UAE is not choosing between Bitcoin and wider crypto; it’s intentionally developing both across various cities and adoption stages.Abu Dhabi, the UAE’s capital, is establishing itself as a center for Bitcoin (BTC)-centric institutional infrastructure, focusing on custody, over-the-counter (OTC) liquidity, mining, and regulated capital markets. Conversely, Dubai is cultivating a broader crypto economy encompassing payments, stablecoins, Web3 apps, gaming, tokenization, and consumer products.Although this indicates a distinction, industry insiders point out that it reflects a layered strategy, not fragmentation. “The two methods are complementary,” stated Gregg Davis, producer of Bitcoin MENA, the UAE’s largest Bitcoin-focused event.“A wide digital-asset ecosystem…
KBS, the South Korean broadcaster, reports that Binance has allegedly frozen only a fraction of the funds that authorities claim are related to a hack at Upbit, a prominent South Korean crypto exchange, which occurred on November 27.On Friday, KBS reported that investigators sought Binance to freeze approximately 470 million Korean won (around $370,000) in Solana (SOL) tokens thought to be linked to the incident. Eventually, the exchange blocked about $55,000 (about 17% of the requested sum) after a 15-hour delay.The report mentioned that Binance required additional verification before responding to the police’s request.The Upbit hack resulted in unauthorized withdrawals…
Bitcoin (BTC) has a new target of $76,000 as the daily chart maintains a bear flag pattern. Key points: Bitcoin has received new price targets of $76,000 and $50,000 for the upcoming phase of its significant correction. According to one trader, the bull market is “over,” citing several bearish divergences. Bitcoin’s bull market support band provides short-term optimism for the ongoing relief bounce. Trader on BTC price: “The bull run is done” In his latest update on Thursday, trader Roman advised X followers to prepare for another 17% drop in BTC’s price. After recently hitting local lows near $80,000, BTC/USD…