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.
SOL faces challenges in sustaining its gains due to a drop in market activity, reduced leverage demand, and increased competition from newly launched spot altcoin ETFs, impacting Solana’s price recovery.
A discussion featuring gold advocate Peter Schiff and Binance co-founder Changpeng “CZ” Zhao at Binance Blockchain Week underscored the difficulties in authenticating physical gold when Schiff couldn’t verify the authenticity of a gold bar shown to him.The conversation revolved around whether tokenized gold or Bitcoin (BTC) serves better as a store of value, evaluating factors such as divisibility, portability, verifiability, durability, and supply constraints—fundamental aspects in determining an asset’s effectiveness as currency.CZ contended that BTC is superior for value storage, citing its instant verification capabilities for users through full nodes or other mechanisms that access a secure public ledger. CZ…
Meta, the social media powerhouse, is reportedly contemplating a reduction of up to 30% in its metaverse expenditure, reallocating funds towards virtual reality glasses and artificial intelligence.No conclusive decisions have been reached yet, but potential budget cuts and layoffs are under consideration for Meta’s Reality Labs division, particularly targeting its virtual reality unit, which consumes a significant portion of metaverse funding, as reported by Bloomberg and The New York Times on Thursday.The anticipated budget cuts could be implemented as soon as January, but Meta plans to redirect resources towards a Reality Labs unit focused on developing augmented reality glasses.Wall Street…
The US Securities and Exchange Commission (SEC) has authorized a leveraged exchange-traded fund linked to the SUI token from 21Shares, granting investors the opportunity for amplified exposure to the Sui ecosystem amid ongoing concerns about leverage risks in crypto markets.On Thursday, the Sui Foundation announced that 21Shares has introduced its 2x leveraged SUI (SUI) ETF, which trades under the ticker TXXS on the Nasdaq. This fund is designed to deliver double the daily return of SUI, offering investors a method to gain leveraged exposure without the need to directly own the cryptocurrency.In practical terms, if SUI increases by 10% in…
In the ever-changing landscape of the cryptocurrency market, Bitcoin, Ethereum, and Solana are exhibiting signs of a potential reversal in higher time frames. After a prolonged period of tension and price consolidation, these leading assets are now stabilizing at critical structural support levels. Notably, several major cryptocurrencies are signaling similar recovery setups simultaneously. The present crypto environment might be on the verge of one of the strongest high-time-frame reversals seen with Bitcoin, Ethereum, and Solana. A well-known investor and trader, MacroCRG on X, pointed out that yesterday, all three assets formed a bullish engulfing candle, a potent indication that buyers…
Decentralized perpetual exchange Aster has unveiled a roadmap for the first half of 2026, featuring the launch of Aster Chain, a custom Layer-1 blockchain aimed at facilitating high-volume trading and enhancing the platform’s infrastructure, as stated by the company. Summary Aster Chain is anticipated to be launched in the first quarter of 2026, with internal testing scheduled for late 2025, according to the company. The blockchain will feature Aster Code, a toolkit for developers to deploy applications on the network. TK Aster Chain is projected to launch in the first quarter of 2026, with internal testing slated for late 2025,…
CNBC has established a multi-year collaboration with prediction market operator Kalshi to integrate real-time forecasting data across its television, digital, and subscription platforms.According to the announcement released on Thursday, Kalshi’s event probability data will be featured in CNBC programming starting in 2026, including programs like “Squawk Box” and “Fast Money,” with a special ticker showing real-time forecast movements.Additionally, Kalshi will introduce a CNBC-branded page on its platform that will showcase markets curated by the network.Kalshi CEO Tarek Mansour stated that this integration represents the “next evolution” in financial reporting, shifting focus from current data to real-time forecasts regarding future events.CNBC…
The American Bitcoin price (American Bitcoin Corp, NASDAQ) has been steadily climbing in the past 24 hours, experiencing a volatile bounce after a significant drop, trading within a broad intraday range and stabilizing about halfway through following yesterday’s sell-off caused by the lock-up expiration. Summary The American Bitcoin price plunged nearly 40% after pre-merger private placement shares were unlocked, prompting early investors to sell. Eric Trump noted the volatility was anticipated, described the fundamentals as “virtually unmatched,” and assured that he would not be selling his shares. Despite robust Q3 earnings and a treasury of 4,090 BTC, ABTC has decreased…
Hua Xia Bank, a publicly traded financial entity linked to the Chinese government, announced the issuance of 4.5 billion yuan ($600 million) in tokenized bonds on Wednesday, aiming to minimize clearing friction by eliminating intermediaries in the auction process.According to Sina, the onchain government bonds were issued by Hua Xia Financial Leasing, a subsidiary of Hua Xia Bank, a state-controlled commercial bank in China. The bonds provided a three-year fixed yield of 1.84% for investors.The $600 million bond tranche was exclusively auctioned to holders of China’s digital renminbi, also referred to as the digital yuan. Overview of the tokenized government…
The US Securities and Exchange Commission (SEC) has greenlit a leveraged exchange-traded fund linked to the SUI token from 21Shares, providing investors with heightened exposure to the Sui ecosystem amid ongoing concerns about leverage risks in cryptocurrency markets.On Thursday, the Sui Foundation declared that 21Shares has introduced its 2x leveraged SUI (SUI) ETF, listed under the ticker TXXS on Nasdaq. The fund aims to yield twice the daily return of SUI, offering a means for investors to achieve leveraged exposure without directly owning the cryptocurrency.In practical terms, if SUI surges by 10% in a day, the ETF strives to increase…