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.
Demand for US spot Dogecoin exchange-traded funds (ETFs) appears to be waning, as total value traded (TVT) has dropped to its lowest level since inception.SoSoValue data indicated that Dogecoin ETFs’ TVT plummeted to $142,000 on Monday, marking the lowest point since their launch. This represents a significant decline from late November, when trading volume exceeded $3.23 million on some days.Total value traded signifies the cumulative dollar amount of ETF shares traded in a specified timeframe. It reflects market activity and liquidity, showcasing the money flow through these funds. Daily spot ETF net inflows and total net assets. Source: SoSoValueIn contrast,…
Daylight, a decentralized energy startup supported by a16z crypto and Framework Ventures, introduced a new protocol on Ethereum on Tuesday aimed at transforming electricity into a yield-generating crypto asset.The protocol, named DayFi, seeks to establish “capital markets for decentralized energy,” according to Jason Badeaux, founder of Daylight, in a conversation with CoinDesk.With the rise of data centers, robotics, electric vehicles, and autonomous fleets, the demand for power is set to surge, while installing new capacity through traditional methods remains slow and cumbersome, Badeaux noted.”Energy is turning into a bottleneck for progress,” he stated. “Distributed energy presents the quickest and most…
CoinDesk Indices provides its daily market report, showcasing the performance of both leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently priced at 2897.76, a decrease of 0.2% (-4.99) since 4 p.m. ET on Monday.Nine out of the 20 assets are experiencing an increase in value.Leading performers: ADA (+3.6%) and BCH (+0.9%).Underperformers: UNI (-1.6%) and AAVE (-1.2%).The CoinDesk 20 is a comprehensive index traded across multiple platforms worldwide.
The discourse surrounding the regulation of a prospective market for tokenized equities in the U.S. is intensifying, as traditional finance (TradFi) institutions on Wall Street clash with cryptocurrency leaders. This conflict centers on whether decentralized trading platforms should be regulated similarly to traditional exchanges, as highlighted in a recent report by HSBC.Tokenization refers to the transformation of real-world asset ownership—spanning stocks, bonds, real estate, private equity, and even art—into digital tokens that are logged on a blockchain.The report emphasized a recent meeting of the Securities and Exchange Commission (SEC) Investor Advisory Committee, where opinions diverged on the oversight of on-chain…
CryptoUK, a cryptocurrency trade association based in the UK, has announced its membership in The Digital Chamber, a US advocacy group for crypto policy. This collaboration could signify important efforts toward digital asset regulation cooperation between the two nations.In a notice issued on Tuesday, CryptoUK stated that its team will operate under The Digital Chamber’s framework as a part of a “cohesive, cross-border advocacy initiative.” Both organizations have been active in their countries to endorse policies that support the cryptocurrency and blockchain sector, with The Digital Chamber being founded in 2014 and CryptoUK in 2018.“CryptoUK has consistently aimed to ensure…
XRP experiences notable gains but is still lagging behind the overall surge in digital assets, with below-average trading volume raising concerns about the sustainability of this increase as Bitcoin surged past $94,000, leading to significant market adjustments.News BackgroundBitcoin’s abrupt rise above $94,000 triggered a widespread rebound in major cryptocurrencies, with nearly all large-cap tokens showing immediate volatility to the upside.This surge led to the liquidation of numerous bearish positions in the derivatives market: 107,333 traders were liquidated within 24 hours, resulting in $387.5M in forced exits, including a single $23.98M liquidation of BTC long position on HTX.Despite the energized macro…
On-chain data indicates that the widely recognized Bitcoin Hash Ribbons indicator has issued a warning signal regarding miner capitulation. Here’s what this could entail. Bitcoin Hash Ribbons Indicating Miner Distress According to a post by CryptoQuant author Darkfrost on X platform, the Bitcoin Hash Ribbons have experienced a crossover that historically reflects increased stress among miners. This indicator assesses the miner situation by contrasting the 30-day and 60-day moving averages (MAs) of the BTC Hashrate, a measure of the combined computing power linked to the blockchain. The Hashrate trend serves as an indicator of the miners’ sentiment: they typically expand…
Dogecoin has finally broken through its multi-session compression, soaring above $0.15 on a volume-driven breakout that marked a significant momentum shift after days of stagnation, while ether ETH$3,371.76 surged by 8%.This breakout coincided with targeted buying in the meme-coin sector while the overall market rallied, granting DOGE some relative strength as trading approached the close. The breakout now sets the stage for a clean continuation zone, provided that bulls defend the mid-range pivot they have just reclaimed.News BackgroundThere were no specific catalysts for the token — the upward movement aligned with selective risk-on flows in prominent meme-coins. The broader crypto…
Demand for US spot Dogecoin exchange-traded funds (ETFs) appears to be cooling, with the total value traded (TVT) hitting its lowest point since inception.According to SoSoValue data reported on Monday, Dogecoin ETFs’ TVT decreased to just $142,000, marking a significant drop from late November, when reported days saw trading values exceed $3.23 million.Total value traded indicates the total dollar amount of ETF shares bought and sold over a set period. It serves as a metric of market activity and liquidity, reflecting the volume of money that has transacted through these funds. Daily spot ETF net inflows and total net assets.…
A recent filing by BlackRock for a staking ether ETF has been highlighted by a market strategist as a factor enhancing ETH’s strength compared to Bitcoin.