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.
APT$1.8983 surged by 7.8% to $1.91 in the past 24 hours, outpacing the larger cryptocurrency market as institutional investments pushed the price past significant technical barriers. The increase moved from $1.78 to $1.91, demonstrating clear upward momentum with robust support at the $1.74 mark, as indicated by CoinDesk Research’s technical analysis model.The broader market benchmark, the CoinDesk 20 index, rose by 5% at the time of publication.Trading volumes confirmed APT’s breakout, with activity recorded at 30% above the 30-day average, indicating real institutional interest rather than mere retail volatility. Volume surged to 4.83 million tokens, reflecting a 142% increase above…
Bitcoin (BTC) bulls seem to have regained control of the short-term trend, pushing the BTC price beyond $94,000, even as liquidity indicators raise concerns.Key takeaways:Bitcoin has reclaimed $94,000, bolstering the short-term bullish structure after a few days of uncertainty.Bid-ask liquidity has remained subdued despite the breakout, indicating buyers are entering but not in substantial numbers yet.Bitcoin holds its uptrend ahead of FOMC meetingBitcoin faced challenges in securing a decisive daily close above $93,000 after the initial structural break on Dec. 3. With the broader market preparing for the upcoming FOMC meeting, traders adopted a largely wait-and-see approach, leading to several…
Bitcoin (BTC) bulls seem to have regained control of the short-term trend, pushing the BTC price over $94,000, even as liquidity indicators signal caution.Key takeaways:Bitcoin has reclaimed $94,000, bolstering the short-term bullish stance after a few days of uncertainty.Bid-ask liquidity remains subdued despite the breakout, suggesting that while buyers are entering the market, their volume isn’t substantial yet.Bitcoin uptrend holds steady before FOMC meetingBitcoin faced challenges in securing a solid daily close above $93,000 after the initial structural break on Dec. 3. With traders adopting a cautious approach ahead of the FOMC meeting, the market experienced several days of sideways…
PNC Bank has introduced direct spot bitcoin trading for qualifying PNC Private Bank clients, making it the first significant U.S. bank to provide native bitcoin access directly via its digital banking platform. This new service enables eligible private banking clients to buy, hold, and sell bitcoin without the need for an external cryptocurrency exchange. The service is powered by Coinbase’s Crypto-as-a-Service (CaaS) infrastructure, offering trading, custody, and settlement capabilities seamlessly integrated into PNC’s Private Bank Online platform through its Portfolio View interface. This launch follows a strategic alliance between the bank and Coinbase revealed in July, marking a significant step…
Circle, the issuer of stablecoin, is crafting a privacy-oriented version of its USDC token, aiming to enhance institutional adoption by providing more confidentiality than traditional public blockchains permit.This new stablecoin, named USDCx and tailored for banking and enterprise clients, is being developed in collaboration with Aleo, a blockchain company focused on privacy, as reported by Fortune on Tuesday, citing Aleo co-founder Howard Wu.In contrast to most existing stablecoins, which expose wallet addresses and transaction data on-chain, USDCx is engineered to offer “banking-level privacy.” Circle will still be able to supply compliance records if law enforcement or regulators request information about…
A role that was entirely new came into being, filled by an individual without prior governmental experience. When U.S. President Donald Trump introduced the position of crypto adviser in his White House, he appointed a former college football standout and aspiring politician as the inaugural executive director of the Presidential Council of Advisers for Digital Assets.This feature is part of CoinDesk’s Most Influential 2025 list.Bo Hines, recognized for his time as a wide receiver at North Carolina State University and Yale, as well as for a couple of failed congressional bids, transitioned into a unique role promoting Trump’s pro-crypto policies.…
In 2025, Paolo Ardoino, CEO of the issuer of the world’s largest stablecoin, transcended his role as just another cryptocurrency executive to emerge as a leading figure in the global evolution of financial infrastructure. Tether, the company behind the $185 billion market cap USDT, is increasingly merging blockchain innovation with traditional banking authority.This feature is a part of CoinDesk’s Most Influential 2025 list.Historically, Tether faced considerable scrutiny due to the somewhat unclear nature of the reserves backing USDT. In today’s environment of improved regulation and increasing competition among stablecoin issuers, Tether now stands at the forefront of one of the…
Stablecoin issuer Tether reportedly has over $180 billion in its stablecoin USDT USDT$1.0000 in circulation, bolstered by confidence from a major financial firm regarding its asset backing.This segment is part of CoinDesk’s Most Influential 2025 list.Brandon Lutnick, chairman of Cantor Fitzgerald, stated at CoinDesk’s Consensus Toronto 2025 event that he has personally audited Tether’s reserves.”I verified a significant portion of their reserves, dispelling many rumors,” he remarked in May.Cantor has acted as a custodian for Tether’s U.S. Treasuries since at least 2021. The previous Chairman, Howard Lutnick — now the U.S. Commerce Secretary — confirmed his firm’s services to Tether…
Wyoming Senator Cynthia Lummis, a key member of the US Senate Banking Committee and a leading advocate for reforming digital asset market structure in Congress, expressed her intention to advance the bill next week.During her address at the Blockchain Association Policy Summit on Tuesday, Lummis mentioned that she expected the markup hearing for the Responsible Financial Innovation Act — the Banking Committee’s proposed framework for market structure — to take place before Congress adjourns for the holidays.The senator acknowledged that the crypto industry “was getting a little concerned” about the bill’s progress, noting that drafts were “changed significantly every few…
Cascade, a startup located in New York, has launched what it describes as the first 24/7 neo-brokerage with a unified margin account for perpetual markets linked to cryptocurrencies, major U.S. stocks, and private firms like OpenAI, SpaceX, and Stripe.The platform aims to mimic a contemporary retail brokerage while utilizing a new execution and settlement framework designed for continuous trading, according to a Tuesday press release. Selected depositors currently have invitation-only access, with plans for public availability anticipated in early 2026.This launch arrives as crypto-focused market structures begin to influence consumer trading, with emerging companies claiming that traditional brokerage systems were…