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.
State Street Investment Management and Galaxy Asset Management are collaborating with Ondo Finance on a tokenized liquidity fund designed to transfer cash “sweep” balances directly onto public blockchains, potentially creating a source of 24/7 on-chain liquidity.The upcoming State Street Galaxy Onchain Liquidity Sweep Fund, or SWEEP, will accept and disburse PayPal’s (PYUSD) stablecoin for accredited investors, the companies announced on Tuesday.Ondo is set to initially fund the project with $200 million, linking a major tokenized real-world asset (RWA) issuer directly to State Street’s tokenization framework. The fund will leverage Galaxy Digital infrastructure, while State Street Bank and Trust Company, an…
A faction of Republicans is expressing outrage following the US House’s approval of a substantial defense spending bill on Wednesday, which excluded a ban on central bank digital currencies, despite prior commitments to incorporate it.“Conservatives were assured—explicitly—that robust anti-Central Bank Digital Currency (CBDC) provisions would be part of the National Defense Authorization Act (NDAA). That assurance was broken,” GOP Representative Keith Self wrote on X on Wednesday.The House voted 312-112 in favor of the NDAA on Wednesday, advancing the $900 billion military funding bill to the Senate with hopes of passing it by year’s end.Self had proposed an amendment on…
Sure! Here’s a rewritten version of the content while retaining the HTML tags: Disclosure: This article is not intended as investment advice. The information and materials presented on this page are for educational purposes only. Roxom has launched the first stock exchange globally fully based on Bitcoin. Overview Roxom introduces the first worldwide stock exchange entirely settled in Bitcoin, focusing on BTC-treasury equities. The innovative Roxom platform allows investors to trade tokenized Bitcoin Treasury stocks directly in BTC, with a global launch in progress. Roxom enhances its Bitcoin-centric ecosystem, incorporating a Bitcoin-denominated exchange, media network, and new international derivatives markets.…
Gemini Space Station, Inc. announced that its affiliate Gemini Titan, LLC has obtained approval from the U.S. Commodity Futures Trading Commission (CFTC) to function as a Designated Contract Market (DCM). This will enable the firm to provide regulated prediction markets to U.S. customers, as detailed in a press release issued on Wednesday.According to the release, Gemini submitted its DCM license application on March 10, 2020, and the firm stated that this approval concludes a five-year licensing journey and opens a “new chapter” for the exchange.“Today’s approval signifies the conclusion of a 5-year licensing journey and a new beginning for Gemini,”…
The securities regulator of Australia has completed exemptions that will facilitate businesses in distributing stablecoins and wrapped tokens. On Tuesday, the Australian Securities and Investments Commission (ASIC) announced new measures designed to promote innovation and growth in the digital asset and payment sectors. It mentioned that it was “granting class relief” for intermediaries involved in the secondary distribution of specific stablecoins and wrapped tokens. As a result, companies will no longer require separate, often costly, licenses to act as intermediaries in these markets and can utilize “omnibus accounts” with appropriate record-keeping. These new exemptions expand on previous stablecoin relief by…
Sure! Here’s the rewritten content with the HTML tags preserved: Bitcoin BTC$90,326.39 dipped toward $90,000 on Thursday as the crypto market retraced much of Tuesday’s gains, with overall risk appetite weakening despite the Federal Reserve’s anticipated rate cut and renewed Treasury purchases.Major cryptocurrencies continued to post losses, with over $514 million in leveraged positions liquidated in the last day as volatility surged across trading platforms.BTC was trading around $90,250, down 2.4% in the past 24 hours. Ether ETH$3,204.35 dropped 3.4% to $3,208, while Solana SOL$131.12 declined by 5.8% and DOGE$0.1386 fell 5.5%. Weekly returns for almost all major tokens remained…
The New York Stock Exchange has become the sixth location to host Valentina Picozzi’s “disappearing” Satoshi Nakamoto statue — a remarkable change from just a few years ago when crypto was considered taboo on Wall Street.Traditionally viewed as a stronghold of conventional finance, the NYSE described the installation as “shared ground between emerging systems and established institutions” in an X post on Wednesday.The statue was placed by Bitcoin (BTC) firm Twenty One Capital, which began trading this week. The design is credited to Picozzi, who noted on X under her Satoshigallery handle that displaying her work in such a noteworthy…
Valentina Picozzi’s “disappearing” Satoshi Nakamoto statue has found its sixth location at the New York Stock Exchange, a stark contrast to a few years ago when cryptocurrency was regarded as taboo on Wall Street.The NYSE, a hub of traditional finance, announced the statue’s presence as a symbol of “shared ground between emerging systems and established institutions” in an X post on Wednesday said.The statue was placed by Bitcoin company Twenty One Capital, which recently launched for trading; however, the design comes from artist Valentina Picozzi, who expressed on X, via her Satoshigallery handle, that having her artwork in such a…
The crypto markets experienced one of their largest leverage resets in recent weeks over the past 24 hours, with over $514 million in positions liquidated due to a sharp intraday swing that triggered forced selling across major derivatives platforms.According to CoinGlass, long positions made up $376 million of the total, nearly three times the $138 million in short liquidations, indicating a heavy trader expectation for continued upward movement before the sudden reversal.More than 155,000 traders faced liquidation, with the largest single order — a $23.18 million BTC position — eliminated on the perpetuals exchange Hyperliquid.Binance, Hyperliquid, and Bybit were the…
The New York Stock Exchange has recently welcomed Valentina Picozzi’s “disappearing” Satoshi Nakamoto statue as its sixth installation. This is a significant shift from just a few years ago when cryptocurrency was largely regarded as taboo on Wall Street.As a pillar of traditional financial institutions, the NYSE’s adoption of a Nakamoto statue signifies a “shared ground between emerging systems and established institutions,” as the stock exchange stated in a recent X post.The statue was installed by Bitcoin company Twenty One Capital, which kicked off trading this week; however, the design originates from artist Valentina Picozzi, who commented on X, via…