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.
Bitcoin (BTC) dipped below $88,000 as the weekly close approached, with traders noting a downturn ahead of a significant U.S. macroeconomic event.Key points:Bitcoin experienced sudden volatility as it neared the weekly close, dropping close to $87,000.Traders anticipate weakened BTC price movements leading up to the Fed’s interest rate announcement.Analysts indicate that bulls must maintain the $86,000 level.BTC price fluctuates as the weekly candle closesAccording to data from Cointelegraph Markets Pro and TradingView, BTC price volatility has returned, with BTC/USD losing $2,000 over two hourly candles. BTC/USD one-hour chart. Source: Cointelegraph/TradingViewThis shift marked the end of a quiet weekend and raised…
Bitcoin (BTC) dropped below $88,000 as the weekly close on Sunday approached, with traders observing signs of weakness ahead of a significant US macroeconomic event. Key Highlights: Bitcoin exhibited sharp volatility as the weekly close neared, falling close to $87,000. Traders are anticipating a softer BTC price trend leading up to the Fed’s interest-rate decision. Analysts advise that bulls must maintain above $86,000. BTC Price Fluctuates as Weekly Candle Nears Completion According to data from Cointelegraph Markets Pro and TradingView, BTC price volatility has returned, with BTC/USD seeing a $2,000 drop within two hourly candles. BTC/USD one-hour chart. Source: Cointelegraph/TradingView…
Texas has officially become the first US state to purchase and hold Bitcoin (BTC), acquiring $5 million worth of BlackRock’s iShares Bitcoin Trust (IBIT) and authorizing an additional $5 million for direct, self-custodied BTC. This decision comes during an unexpected market downturn characterized by ETF outflows, institutional caution, and stalled legislative efforts nationwide.In this week’s Byte-Sized Insight episode, we delve into why Texas took this initiative while many others retreated and what this timing indicates about the state’s outlook on digital assets.Earlier this year, over two dozen US states either introduced or debated bills to allow public treasuries to hold…
U.S. President Donald Trump assumed office earlier this year, partly owing his 2024 election victory to voters who resonated with his campaign promises of a crypto-friendly administration.Thus far, the Trump administration has made significant pro-crypto moves, such as signing an executive order that overturns Biden-era policies, creating the President’s Working Group on Digital Asset Markets, and banning a U.S. CBDC. The administration also facilitated the passing of the GENIUS Act — the first substantial federal legislation for stablecoin regulation — and has dropped several enforcement actions against crypto companies.Additionally, Trump initiated a strategic Bitcoin reserve, although some were let down…
We are at a crucial and perilous point for cryptocurrency. In my twelve years in this sector, I’ve never encountered the situation we are facing today, even during our most challenging market cycles.Each of these signals alone would be cause for concern. Combined, they indicate the potential for a significant crisis. What happened to the discussions about utility and onboarding the next billion users?The primary worry is the decline in builders seeking smart contract audits, a concern repeatedly raised in my discussions with auditing firms (evidenced by Yearn’s recent contract exploit). This is a standard procedure before launching any decentralized…
Bitcoin’s BTC$89,100.60 recent downturn may appear concerning, but K33 Research analyst Vetle Lunde predicts December could signify a crucial shift for the cryptocurrency. Following its most significant drop since the last bear market, the firm identifies more indicators of a rebound than a further decline.BTC has been pressured by a surge of selling, largely structural in nature. Spot bitcoin exchange-traded funds (ETFs), which had been major buyers in the market, became net sellers in November. CME futures activity has fallen to a multi-year low, indicating Traditional Finance’s reluctance. Bitcoin’s value has also lagged behind equities, hitting its lowest point against…
Bitcoin Cash (BCH) has emerged as the “top performer” among Layer-1 assets this year, experiencing a nearly 40% increase and surpassing every prominent blockchain network. Recent data shared by analyst Crypto Koryo reveals that Bitcoin Cash (BCH) has outperformed BNB (BNB), Hyperliquid (HYPE), Tron (TRX), and XRP (XRP), which only saw slight gains. Other major L1s, such as Ethereum (ETH), Solana (SOL), Avalanche (AVAX), Cardano (ADA), and Polkadot (DOT), continue to linger in negative territory for the year, with many down over 50%. Koryo emphasized that Bitcoin Cash’s impressive performance occurs despite the project’s absence of an official X account.…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Big Tech exudes a level of confidence that reflects the power of sovereign entities rather than private companies. Google defines global knowledge. Meta influences communication. Amazon dictates purchasing choices. These entities have transcended being mere platforms; they have transformed into empires that extract value. Summary Big Tech has instigated “Feudalism 2.0,” where global platforms extract user data akin to feudal lords, operate above national authorities, and wield powers akin to sovereigns without democratic oversight. Web3 provides a…
Memecoin encounters resistance at $0.1409 while institutional investments surge to 480M tokens, highlighting a contrast between technical weaknesses and fundamental strengths.News BackgroundDogecoin remains under the $0.14 level despite notable accumulation trends and increased network activity. On-chain metrics indicate that whales acquired 480 million DOGE from December 2–4, raising total large-holder balances from 28.0B to 28.48B.Concurrently, DOGE network engagement spiked to 71,589 active addresses — its highest level since September — suggesting enhanced chain activity despite stagnant price movements.The significant whale purchases and growing activity sharply contrast with the price action, which continues to struggle beneath a strong resistance zone due…
Glassnode’s most recent weekly report draws parallels between the current market situation and the beginning phases of the 2022 bear market, often referred to as crypto winter.The initial indicator pointing to stress is the increased risk of top buyer capitulation. Glassnode’s supply quantiles cost basis, which monitors the cost basis of supply held by leading buyers, reveals that since mid-November the spot price has dipped below the 0.75 quantile and is trading close to $96,100. This means over 25% of BTC supply is currently underwater, a similar signal that preceded the start of the 2022 bear market.Risk Indicator Supply Quantiles…