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.
The cryptocurrency market experienced a downturn on Tuesday, losing early week momentum and diminishing previous gains. Bitcoin BTC$90,317.66 is currently trading at $90,150, a decrease from Monday’s high of $92,350. The CoinDesk 20 Index (CD20) has dropped by 2.1% in the last 24 hours, with all components declining.This price movement reflects last week’s trend when bitcoin surged from $86,300 to $93,200 between Sunday and Tuesday, only to fall back to $88,000 later in the week.This week, the Federal Reserve’s interest-rate decision on Wednesday adds an element of uncertainty, with the market widely anticipating a 25 basis-point cut. Such cuts are…
According to Glassnode’s senior researcher, the Bitcoin perpetual futures market resembles a “ghost town,” with Open Interest remaining at subdued levels. Bitcoin Futures Open Interest Stays Low Since October Reset In a new post on X, Glassnode senior researcher CryptoVizArt.₿ discussed the recent trends in Bitcoin’s Open Interest for the perpetual futures market. The term “Open Interest” refers to an indicator that tracks the total number of active positions related to the asset across all centralized derivatives platforms. An increase in this metric signifies that investors are taking on new positions, typically introducing fresh leverage into the market, which can…
Crypto exchange HashKey reported a loss exceeding HK$3.0 billion ($386 million) from 2022 through mid-2025, driven by investments in essential infrastructure. The company is seeking to raise as much as HK$1.67 billion in an IPO in Hong Kong.This amount reflects the initial costs necessary for creating the custody, compliance, and on-chain services essential for a licensed exchange. In the first half of 2025, the exchange incurred a loss of HK$506.7 million, despite significant growth in users and assets, averaging a monthly burn of HK$40.9 million in the third quarter.HashKey’s pitch to investors emphasizes the benefits provided by a regulated market…
Zcash (ZEC) continued its upward trend on Tuesday, increasing by 10.29% over the last 24 hours to surpass $425, marking a 41.50% rise from approximately $300 just a week prior.Key takeaways:ZEC aims for $500, supported by double-bottom signals and whale accumulation.Bear-flag risks remain, with an overbought RSI suggesting a potential pullback to the $260–$280 range. ZEC/USDT four-hour price chart. Source: TradingViewThe pronounced rebound has led some analysts to predict a further rise to or beyond $500 in the upcoming days.Will Zcash revisit the psychological resistance?From double bottom to $500 ZEC next? Trader Goomba recognized Zcash’s latest swing lows as a…
Plume Network, a modular Layer 2 blockchain focused on real-world assets (RWAs), has obtained a commercial license from the Abu Dhabi Global Market (ADGM) Registration Authority, facilitating its growth in the Middle East.The license enables Plume to expand RWA origination and distribution throughout the Middle East, Africa, and emerging markets, subject to further approvals in ADGM, the UAE’s leading international financial center recognized for its advanced fintech and digital asset regulations.This development positions Plume, one of the top blockchains by the number of RWA holders, to gain a foothold in a region attracting global banks, fintech companies, and asset managers,…
Zcash (ZEC) continued its upward momentum on Tuesday, gaining 10.29% in the last 24 hours to surpass $425, reflecting a 41.50% increase from the $300 lows recorded a week ago.Key takeaways:ZEC targets $500 as double-bottom indicators and whale accumulation aid the recovery.Bear-flag risks remain, with an overbought RSI suggesting a potential pullback to the $260–$280 range. ZEC/USDT four-hour price chart. Source: TradingViewThe notable recovery led some analysts to predict a further rise to or above $500 in the near future. Can Zcash break through the psychological barrier?Could ZEC move from double bottom to $500 next?Trader Goomba identified the recent swing…
Zcash (ZEC) continued its upward trend on Tuesday, increasing by 10.29% in the last 24 hours to surpass $425, marking a 41.50% rise from the approximately $300 low recorded a week ago.Key takeaways:ZEC targets $500 as double-bottom formations and large-scale buying bolster the recovery.Bear-flag risks remain, with an overbought RSI indicating a potential pullback towards the $260–$280 range. ZEC/USDT four-hour price chart. Source: TradingViewThe strong rebound led some analysts to predict a further rally to or above $500 in the days ahead. Will Zcash retest this psychological resistance?From double bottom to $500 ZEC next? Trader Goomba identified Zcash’s recent swing…
The Canada Revenue Agency (CRA) has successfully obtained a court order requiring Dapper Labs to provide information on 2,500 users, a significant move in the nation’s efforts to enforce crypto tax compliance. Summary A Federal Court ruling mandates Dapper Labs to release detailed information on 2,500 users, down from an initial inquiry that covered about 18,000 accounts. Since 2020, the CRA has collected over C$100 million in unpaid crypto taxes and is establishing a new financial crimes unit, with plans to implement the OECD CARF by 2026. In 2025, Canadian regulators, including FINTRAC, increased their enforcement actions, imposing substantial AML…
SGX’s bitcoin BTC$90,213.01 and ether ETH$3,109.46 perpetual futures have gained significant traction since their launch two weeks ago, indicating an influx of new liquidity into the market, said Michael Syn, president of SGX’s holding company.The products, which are cryptocurrency derivatives allowing institutional traders to speculate on asset prices without a set expiration, saw nearly 2,000 lots traded on Nov. 24, translating to around $32 million in notional value. This figure has surged to $250 million in cumulative trading so far.A crucial aspect for the exchange is that the trading volume appears to represent new investments rather than funds being shifted…
The eagerly anticipated question is whether Strategy (MSTR) plans to introduce a perpetual preferred equity, referred to as “digital credit,” in Japan.Metaplanet CEO Simon Gerovich posed this query directly to executive chairman Michael Saylor at the bitcoin MENA conference. Saylor responded with, “not in the next twelve months, I will give you a twelve month head start.” Gerovich raised the matter as Metaplanet aims to launch its own digital credit products in Japan’s relatively “sleepy” perpetual preferred market. Currently, Japan has only five listed perpetual preferred equities, with All Nippon Airways (ANA) becoming the fifth, as stated by Gerovich. Metaplanet…