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.
On Tuesday, Bitcoin temporarily surpassed $94,000 before retreating toward $92,500 during the Asian morning hours on Wednesday. This fluctuation renewed bullish sentiment but left the market vulnerable ahead of a critical Federal Reserve decision.This movement coincided with mixed trading in Asian equities, as investors awaited clarity on the Fed’s policy direction and the tone of Chair Jerome Powell’s last press conference of 2025.Altcoins showed mixed performance. Ether climbed 7% over the past 24 hours to approximately $3,320, marking a nearly 10% increase for the week. Solana and Dogecoin both increased by over 5%, while Cardano stood out with an 8.5%…
A crypto mobile game themed around Trump, developed by Bill Zanker—part of the team behind the official Trump memecoin and several NFT collections—is expected to release on the Apple App Store before the year concludes. The game is being produced by Freedom 45 Games under a licensing agreement using Trump’s name and is associated with the Trump Coin. The Apple App Store lists a projected release date of December 30, and the app is currently in pre-registration. Previously, Zanker was involved in a project merging gaming with cryptocurrency elements in April, which allegedly shared characteristics with MONOPOLY GO; however, a spokesperson at…
Since mid-October, the Bitcoin miner hash rate has seen a notable downturn, sharply declining after years of steady growth. This decrease indicates a genuine capitulation among Bitcoin miners, driven by diminishing profitability alongside recent weak price movements. Nonetheless, could this change in the mining landscape present a unique opportunity? Bitcoin Miner Profitability The total computational hash rate of the Bitcoin network has entered a significant downward trend since October 18th, reversing what has been a consistent multi-year increase. The hash ribbons indicator, which assesses the 30-day moving average against the 60-day moving average, has shifted to red, signaling miner capitulation.…
Bitcoin prices climbed to a three-week high on Tuesday in a “much-needed rebound,” prompting traders to “FOMO back in and anticipate higher prices,” according to the blockchain analytics firm Santiment.Bitcoin (BTC) reached $94,625 on Coinbase in late trading on Tuesday, per TradingView, marking its highest level since November 25.Santiment reported that this has resulted in a surge of social media posts calling for “higher” and “above” across various platforms. Positive social sentiment does not always guarantee a price increase. Source: Santiment However, it has since started to decline from that peak, dropping back to $92,400 at the time of writing, leaving…
Bitcoin prices climbed to a three-week high on Tuesday in a “much-needed recovery” that prompted traders to “FOMO back in and anticipate higher prices,” according to blockchain analytics firm Santiment.Bitcoin (BTC) prices surged to $94,625 on Coinbase in late trading on Tuesday, as reported by TradingView, marking its highest point since Nov. 25.Santiment noted this has triggered a flood of social media posts requesting “higher” and “above” across various platforms. Positive social sentiment does not always lead to upward movement. Source: Santiment Nevertheless, it has begun to pull back from that level, declining to $92,400 at the time of writing, leaving…
Bitcoin prices rose to a three-week peak on Tuesday in a “much-needed recovery” that has prompted traders to “FOMO back in and anticipate higher prices,” according to blockchain analytics company Santiment. Bitcoin (BTC) prices climbed to $94,625 on Coinbase during late trading on Tuesday, as reported by TradingView, marking its highest point since Nov. 25. Santiment stated that this has triggered a surge of social media discussions calling for “higher” and “above” on various platforms. Positive social sentiment doesn’t always correlate with price increases. Source: Santiment However, it has already begun to pull back from that level, dropping to $92,400…
Shares in Twenty One Capital (XXI), the newest crypto treasury firm in the US, fell 20% during its trading debut after merging with the blank-check corporation Cantor Equity Partners.The company commenced trading on Tuesday at $10.74, below Cantor’s special purpose acquisition company’s closing price of $14.27 on Monday.By Wednesday, the Bitcoin (BTC)-focused company’s stock closed at $11.42, reflecting a 19.97% decline within 24 hours.However, it later experienced a slight after-hours increase of 2.2%, reaching $11.67, leading to a market capitalization of approximately $4 billion based on outstanding shares.Twenty One was among the most eagerly anticipated crypto public debuts this year,…
Tempo, the collaborative blockchain initiative by Stripe and Paradigm, has successfully launched its inaugural public testnet, representing a significant advancement towards the official layer-1 blockchain deployment. In a Tuesday announcement from Tempo, the open-source testnet is now operational, allowing anyone to “run a node or sync the chain” to explore various features. “The launch of today’s testnet initiates the next stage of Tempo’s evolution, emphasizing scalability, reliability, and integration experience. In the months ahead, we will onboard new infrastructure partners, introduce additional features and development tools, and rigorously test throughput under actual payment pressures,” Tempo stated. Source: Patrick Collison The announcement outlined…
Good Morning, Asia. Here’s what’s happening in the markets:Welcome to Asia Morning Briefing, your daily recap of key stories during U.S. hours along with insights on market movements and analysis. For a comprehensive look at U.S. markets, check out CoinDesk’s Crypto Daybook Americas.Crypto markets in Asia are starting with a steadier BTC, although the sentiment remains cautious. Current data indicates a market that has paused its decline, yet is not poised for a significant uptick. ETF flows, on-chain signals, and derivatives pricing all suggest a standstill.U.S. ETF flows appear to have stabilized for the first time in weeks, showing a…
Strive, a publicly traded asset manager and Bitcoin treasury firm, has unveiled a stock sales initiative aimed at raising $500 million to fund further BTC acquisitions.Co-founded in 2022 by American entrepreneur and politician Vivek Ramaswamy, the company announced on Tuesday that the net proceeds will be allocated to “general corporate purposes, including, among other things, acquiring Bitcoin and Bitcoin-related products and for working capital.”Additionally, it aims to invest in “income-generating assets” to expand its operations, although specific details were not disclosed.This initiative marks another instance of a public company leveraging capital markets to accumulate Bitcoin (BTC), a strategy initiated by…