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.
According to market intelligence platform Santiment, there are at least 400,000 fewer Bitcoin on exchanges than at the same time last year, which is a promising indicator for the market.Since December 7, 2024, over 403,000 Bitcoin (BTC) have been withdrawn from exchanges, representing approximately 2% of the total supply, Santiment reported in an X post on Monday, referencing data from its sanbase dashboard.Typically, users transfer their Bitcoin into cold storage wallets away from exchanges, which theoretically makes them harder to sell and may indicate plans for long-term holding.“In general, this is a positive long-term sign. The fewer coins that are…
According to the market intelligence platform Santiment, there are currently at least 400,000 fewer Bitcoin on exchanges compared to the same time last year, signaling a positive trend for the market.Since December 7, 2024, over 403,000 Bitcoin (BTC) have been withdrawn from exchanges, which constitutes approximately 2% of the total supply, Santiment reported in a post on X, referring to data from its sanbase dashboard.Typically, users transfer their Bitcoin off exchanges into cold storage wallets. This practice can make selling more difficult, indicating a potential long-term holding strategy.“In general, this is a positive long-term sign. The less coins exist on…
Bitcoin traded around $90,400 on Tuesday as cryptocurrency markets stabilized following one of the worst Novembers since 2018, despite new data indicating Europe was the leading contributor to the month’s selling pressure.BTC increased by 1% over the past 24 hours, while ether rose by 0.2%, according to CoinGecko. Other major altcoins showed a mixed performance; BNB gained nearly 1%, SOL decreased by 0.6%, and XRP dipped slightly. The overall market retained its recent recovery, though liquidity remained low ahead of Wednesday’s Federal Reserve meeting.Recent timezone-specific analysis from Presto Research revealed that Europe was the main factor behind November’s 20–25% declines…
A prominent developer of Zcash has released the first comprehensive plan for a dynamic fee market, initiating a community discussion on how the long-established network should set transaction prices amid rising ZEC values, user engagement, and institutional interest.The proposal published on Monday by Shielded Labs outlines a transition from Zcash’s traditionally fixed fee structure—initially set at 10,000 ‘zatoshi’ and later reduced to 1,000—which functioned effectively during low demand but ultimately led to “sandblasting” spam incidents that obstructed wallets and congested the network.An earlier ZIP-317 proposal’s implementation of action-based accounting addressed this abuse but maintained predictable, low fees that did not…
According to the market intelligence platform Santiment, there are at least 400,000 fewer Bitcoin on exchanges compared to the same time last year, which is a positive indicator for the market.Since December 7, 2024, over 403,000 Bitcoin (BTC) have been moved off exchanges, accounting for approximately 2% of the total supply, as reported by Santiment in an X post on Monday, referencing data from its sanbase dashboard.Typically, users transfer their Bitcoin from exchanges to cold storage wallets, which theoretically complicates selling and may suggest long-term holding intentions.“Overall, this indicates a positive long-term trend. Historically, fewer coins on exchanges have been…
Circle (CRCL), the organization responsible for the $78 billion stablecoin USDC$0.9998, announced on Tuesday that it has obtained a Financial Services Permission (FSP) license from Abu Dhabi Global Market (ADGM), granting the company a formal entry into the regulated crypto landscape of the United Arab Emirates.The license, granted by ADGM’s Financial Services Regulatory Authority (FSRA), permits Circle to function as a Money Services Provider within the financial free zone, following initial approval received in April.In conjunction with the approval, the firm has appointed Dr. Saeeda Jaffar as managing director to oversee operations in the Middle East and Africa region, coming…
They say journalists never really clock out, and for Christian, that’s more than just a saying; it’s a way of life. By day, he rides the waves of the cryptocurrency market, skillfully crafting articles that demystify the jargon for everyone. But when his PC goes into hibernation mode, his interests shift to a more mechanical (and occasionally philosophical) realm. Christian’s journey with writing started long before Bitcoin came onto the scene. In the distinguished halls of academia, he polished his skills as a feature writer for his college newspaper. This early passion for storytelling set the stage for a successful…
Token breaks above crucial support as volume spikes 251% during the defense of the psychological level at $2.00.News BackgroundU.S. spot XRP ETFs are experiencing consistent inflows, with total demand surpassing $1 billion since launch — marking the fastest early adoption rate for any altcoin ETF.Institutional engagement remains robust despite muted retail sentiment, fostering market conditions where major players accumulate during downturns while short-term traders hesitate to jump back in.The macro environment for XRP is influenced by capital rotation into regulated products, with ETF demand counterbalancing a drop in open interest within derivatives markets.Technical AnalysisThe pivotal moment of the session occurred…
Certainly! Here’s the rewritten content while retaining the HTML tags: Deep out-of-the-money (OTM) bitcoin BTC$89,929.05 put options are catching attention in longer-term expirations, as traders seize inexpensive chances for substantial payoffs if BTC experiences high volatility.On the prominent crypto options platform Deribit, the $20,000 strike put ranks as the second most sought-after among the June 2026 expiry options, with a notable open interest of over $191 million.Notional open interest reflects the dollar value of active contracts. Put options priced below the current market rate of BTC are designated as OTM, typically cheaper than those at or above the spot price.The…
The trading activity and volume reported for the prediction market platform Polymarket might be significantly inflated due to a “data bug,” as noted by a researcher from Paradigm.“It turns out that nearly every significant dashboard has been double-counting Polymarket volume unrelated to wash trading,” stated Storm, a researcher at the venture capital firm.Storm clarified that this issue arises because “Polymarket’s onchain data contains redundant representations of each trade.”“Polymarket’s onchain data is quite intricate, leading to the widespread use of flawed accounting practices.”When trades happen on Polymarket, the system generates multiple “OrderFilled” events: one for makers with existing orders and another…