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.
Binance has obtained authorization from Abu Dhabi Global Markets (ADGM), the financial special economic zone in Abu Dhabi, to function under a comprehensive framework encompassing exchange, clearing, and brokerage, as stated in a Binance press release.This approval divides Binance’s operations into three regulated segments, reflecting a typical market structure found in traditional finance exchanges. Binance’s activities in ADGM will be organized through three locally established entities under the Nest brand, a regulatory necessity that enables the Financial Services Regulatory Authority to monitor each function independently.The Nest Exchange has received a license as a Recognized Investment Exchange, permitting it to facilitate…
The token has broken through key support, with a volume increase of 251% while defending the psychological level at $2.00.News BackgroundU.S. spot XRP ETFs are experiencing steady inflows, surpassing $1 billion in cumulative demand since their launch, marking an unprecedented early adoption for any altcoin ETF.Despite a lack of enthusiasm from retail investors, institutional participation remains robust, with larger players accumulating assets during downturns while short-term traders are wary of re-entering the market.The macro landscape for XRP is significantly influenced by a shift towards regulated products, as the demand for ETFs is balancing out the reduced open interest in derivatives…
Robinhood, the cryptocurrency and stock trading platform, is poised to enter Indonesia’s rapidly growing cryptocurrency market following its acquisition of two local fintech companies.On Sunday, Robinhood announced agreements to acquire Buana Capital, an Indonesian brokerage, and PT Pedagang Aset Kripto, a licensed digital financial asset trader in Indonesia, “signifying our entry into one of Southeast Asia’s most dynamic markets.”With over 19 million capital market investors and 17 million crypto investors, Indonesia presents a “compelling opportunity for equities and crypto trading,” according to the firm.The acquisition of an established brokerage will facilitate Robinhood’s market entry by ensuring regulatory compliance and providing…
This is a technical analysis piece by CoinDesk analyst and Chartered Market Technician Omkar Godbole.Bitcoin BTC$91,235.39 remains within a counter-trend rising channel on the hourly chart, nested inside a broader descending trend, setting the stage for key price movements.A clear breakout above $96,500 would signal technical bullishness, as this level coincides with the channel top and the overarching bearish trendline, suggesting a potential medium-term uptrend revival. The weekly chart supports this outlook, reflecting a consistent defense of the 100-week simple moving average, which hints at downside exhaustion and an increasing likelihood of a bullish reversal.BTC’s hourly and weekly charts. (CoinDesk)…
JPMorgan CEO Jamie Dimon has refuted claims of debanking customers due to their religious or political views, asserting that he has been advocating for changes to debanking regulations for over a decade.In a Sunday interview with Fox News’ “Sunday Morning Futures,” Dimon stated that his bank has terminated services for clients from diverse backgrounds, but never based on political affiliations.Devin Nunes, chair of the President’s intelligence advisory board and CEO of Trump Media, claims that JPMorgan debanked his company, which is one of over 400 Trump-affiliated individuals and organizations whose banking records were subpoenaed by special counsel Jack Smith during…
The price of Bitcoin has begun a new rise, surpassing $90,500. BTC is currently consolidating its gains and may try to break above $91,650 soon. Bitcoin initiated a new rise beyond the $90,500 threshold. The price is currently above $91,000 and the 100 hourly Simple Moving Average. A significant breakout occurred above a bearish trend line that had resistance at $90,000 on the hourly chart of the BTC/USD pair (data sourced from Kraken). The pair could continue its upward movement if it stabilizes above the $91,650 area. Bitcoin Price Confronts Resistance Bitcoin’s price is maintaining its position above the $90,500…
JPMorgan CEO Jamie Dimon has refuted claims of debanking customers due to their religious or political beliefs, asserting that he has been advocating for changes to debanking regulations for over a decade.In an interview with Fox News’ “Sunday Morning Futures” on Sunday, Dimon stated that his bank has discontinued services for individuals from diverse backgrounds, but political affiliations have never played a role.Devin Nunes, chair of the President’s intelligence advisory board and CEO of Trump Media, claims that JPMorgan debanked his company, which was one of over 400 Trump-affiliated individuals and organizations to have their banking records subpoenaed by special…
Vitalik Buterin, co-founder of Ethereum, has proposed the concept of an onchain futures market for gas, which could provide users with more reliable transaction fee insights as the network sees increased usage.In a Saturday post on X, Buterin suggested that there is a need for a “good trustless onchain gas futures market,” especially as users express concerns regarding the reliability of low gas fees from existing price reduction strategies in Ethereum’s roadmap.He indicated that one approach to mitigate this uncertainty would be to allow users to effectively secure prices for specific future dates, highlighting a possible market for Ethereum Base…
Ether (ETH) is hinting at a 170% surge in under two months as its history mirrors Bitcoin (BTC). Key points: Ether may reach its long-term highs above 0.09 in Bitcoin terms once again. The bull market scenario continues for the leading altcoin, with a target of $3,700 ahead. There are predictions that Bitcoin could see $100,000 as soon as next week. Trader comments on ETH bull run: “You know what’s coming” New insights released on X on Friday by trader Mags show ETH’s price movements mirroring those of the 2021 bull market. Ether has been on a gradual downtrend in…
Analysis of Bitcoin (BTC) highlights critical price levels to monitor as we head into the weekend, particularly the yearly open situated above $93,000. Key insights: Essential Bitcoin price levels are identified above and below the current market price as BTC approaches the end of the week. The weekly close emphasizes the need to reclaim $93,000 to validate the recovery. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Onchain data highlights crucial levels While Bitcoin experienced a significant bounce from $84,000 at the start of the week, bullish momentum was hindered by supplier congestion around the yearly open at $93,000. According to data from…