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.
Ripple’s token breaches significant $2.07 support amid rising volume, indicating a potential for further correction. News Background XRP is experiencing conflicting dynamics, with short-term technical weaknesses countered by increasing institutional adoption. Since mid-November, spot XRP ETFs have garnered almost $850 million in inflows, marking one of the most significant altcoin ETF launches, indicating sustained long-term capital interest. However, the overall market liquidity stays low, with declining open interest in leverage metrics across major exchanges, suggesting a risk-averse environment with diminished speculative involvement. Alongside Bitcoin’s ongoing volatility below crucial weekly thresholds, altcoins like XRP are particularly vulnerable to technical failures, even…
Solana and Coinbase’s Ethereum layer-2 blockchain Base have been interconnected through Chainlink’s technology, aimed at enhancing liquidity between both networks.Base announced on Thursday the launch of a bridge linking it to Solana, secured by Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Coinbase, facilitating smooth asset transfers.The bridge has gone live on the mainnet for builders to integrate, with a rollout for users in apps such as Zora, Aerodrome, Virtuals, Flaunch, and Relay.Users will have the ability to trade Solana (SOL) and various Solana-based assets on Base. Developers on Base can also utilize the bridge to support native Solana assets, including SPL…
The Fed’s favored inflation measure, core PCE, is expected to have increased in September, indicating a movement away from the desired target. Nonetheless, volatility indices demonstrate stability without major disruptions.According to FactSet, the core PCE is anticipated to rise by 2.9% year-on-year in September, straying further from the Fed’s 2% annual target. If this estimate holds, it would signify 55 consecutive months of inflation exceeding the Fed’s goal. Persistently high inflation would bolster the Fed hawks advocating for a slower pace of rate reductions.As of this writing, Volmex’s annualized one-day Bitcoin implied volatility index, BVIV, remained at familiar levels around…
Hua Xia Bank, a state-linked publicly traded financial institution, issued 4.5 billion yuan ($600 million) in tokenized bonds on Wednesday, aiming to streamline the auction process by eliminating intermediaries.As reported by Sina, the on-chain government bonds were issued by Hua Xia Financial Leasing, a subsidiary of the state-controlled Hua Xia Bank. The bonds offered a fixed yield of 1.84% for three years.The $600 million bond issuance was auctioned solely to holders of China’s digital renminbi, commonly referred to as the digital yuan. Overview of tokenized government securities market, excluding US government assets. Source: RWA.XYZTokenized bonds could minimize the number of…
Bitwise chief investment officer Matt Hougan asserts that Strategy (MSTR) won’t be compelled to sell Bitcoin if its share price declines, declaring those who think otherwise are “just flat wrong.” In a note released on Tuesday, Hougan emphasized that a drop in MSTR’s price below NAV [net asset value] does not necessitate a sale, highlighting chairman Michael Saylor’s unwavering belief in Bitcoin (BTC).“Selling MSTR’s $60 billion worth of Bitcoin at once would severely harm the Bitcoin market — equivalent to two years of ETF inflows,” Hougan warned. “However, with no debts due until 2027 and sufficient cash to manage interest…
The latest phase of Bitcoin is characterized by significant institutional investments, ETF-driven liquidity, and a rise in tokenized Real-World Assets (RWAs) from $7 billion to $24 billion. As $732 billion in new capital flows in, volatility has nearly halved. Summary According to Glassnode, Bitcoin has absorbed around $732 billion in new capital this cycle, with one-year realized volatility decreasing by almost 50%. Tokenized RWAs surged from $7 billion to $24 billion in a year, as pension funds, hedge funds, and corporations seek regulated on-chain exposure. The integration of ETFs, enhanced liquidity, and active market-making has transformed flows into traditional infrastructures,…
Social media titan Meta is reportedly looking to reduce its metaverse investments by as much as 30% and reallocate the funds towards virtual reality glasses and artificial intelligence.No definitive decision has been reached, but budget reductions and potential layoffs are being considered for Meta’s Reality Labs division, primarily targeting its virtual reality segment, which accounts for the majority of metaverse-related expenditures, according to Bloomberg and The New York Times reported on Thursday.Potential budget cuts could occur as early as January, but Meta intends to shift resources to a Reality Labs unit focused on developing augmented reality glasses.Wall Street responded positively…
SOL faces challenges in maintaining its gains due to a decline in activity, decreasing leverage demand, and competition from newly introduced spot altcoin ETFs affecting Solana’s price recovery.
Good Morning, Asia. Here’s the latest news making waves in the markets:Welcome to the Asia Morning Briefing, your daily roundup of key stories during U.S. hours, along with an analysis of market movements. For an in-depth look at U.S. markets, check out CoinDesk’s Crypto Daybook Americas.Hashed indicates that the crypto market is transitioning from mere storytelling to structured developments, predicting that by 2026, digital assets will function more like an economy instead of a speculative area—thanks to stablecoins becoming global settlement systems and AI agents evolving as independent economic actors, which will redefine the landscape of real investable value.In its…
SOL faces challenges in extending its upward momentum, as dwindling activity, reduced leverage demand, and competition from newly introduced spot altcoin ETFs hinder Solana’s price recovery.