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.
The Bitcoin-native interoperability protocol, Portal to Bitcoin, has secured $25 million in funding alongside the launch of what it describes as an atomic over-the-counter (OTC) trading desk.In a Thursday announcement shared with Cointelegraph, the company revealed that the funding round was led by digital asset lender JTSA Global, following previous investments from Coinbase Ventures, OKX Ventures, Arrington Capital, and others.With the new funding, the company has introduced its Atomic OTC desk, which offers “instant, trustless cross-chain settlement of large block trades.” This new service is similar to cross-chain atomic swaps provided by THORChain, Chainflip, and other Bitcoin-centric systems like Liquality…
XRP (XRP) price has increased by 12% since falling below the $2 threshold on Nov. 21, regaining critical support levels. Rising network activity and ongoing institutional interest, combined with a decrease in available supply on exchanges, may foster a continued price rebound.Key takeaways:An increase in XRP ledger velocity and whale activity suggests heightened network engagement and demand.A reduction in XRP supply on exchanges points to significant accumulation by investors.XRP price bulls aim to establish robust support at $2.15 for the next upward movement.XRP Ledger velocity reaches 2025 highsXRP ledger velocity has experienced a notable spike, reaching a yearly high of…
Sovereign wealth funds have been capitalizing on the dip in bitcoin BTC$91,951.91, as noted by BlackRock CEO Larry Fink.“We’re observing an increase in genuine, long-term investors entering the market,” Fink stated on Wednesday at the New York Times DealBook Summit. “Several sovereign funds are adding incrementally at $120,000, $100,000; I know they bought more when it dipped to the $80s.”The notion that state actors are investing in bitcoin isn’t new — firms like Abu Dhabi’s Mubadala Investment Company and Luxembourg’s sovereign wealth fund have previously announced their investments in spot bitcoin ETFs.It is significant that SWFs have been increasing their…
BNB increased to $908 in the last 24 hours, marking a 1.44% rise, as a surge in trading activity indicates that significant investors might be accumulating the token during this consolidation phase.Trading volume surged 68% above the usual levels, reaching a peak of 86,436 tokens traded in just one hour, as BNB tested a crucial resistance range between $920 and $928, based on technical analysis data from CoinDesk Research.The token slightly retraced to $903 but remained above its recent lows around $896, establishing a sideways trading pattern that often shows buyers are preparing for a larger price movement.This uptrend coincides…
The US Commodity Futures Trading Commission has granted approval for spot cryptocurrency products to be traded on federally regulated futures exchanges.In a notice released Thursday, Acting CFTC Chair Caroline Pham announced that this decision was made in response to policy directives from US President Donald Trump. She mentioned that the approval was based on recommendations from the President’s Working Group on Digital Asset Markets, collaboration with the US Securities and Exchange Commission, and input from the CFTC’s “Crypto Sprint” initiative.“[F]or the first time ever, spot crypto can trade on CFTC-registered exchanges that have been the gold standard for nearly a…
Bitcoin (BTC) dropped from the 2025 yearly open into Thursday’s Wall Street trading session as markets responded to US jobs data.Key points:Robust US labor-market data does not diminish hopes for a December Fed rate cut.Cryptocurrency continues to diverge from stocks amid forecasts of a strong finish to 2025 for the latter.Bitcoin faces several key resistance levels to overcome in order to change the existing bearish trend.Fed has “no choice” over rate cutData from Cointelegraph Markets Pro and TradingView indicated BTC price action weakening following unexpectedly low US jobless claims. BTC/USD one-hour chart. Source: Cointelegraph/TradingViewBoth initial and ongoing claims were lower…
Here’s the rewritten content with the HTML tags preserved: The MSTR stock price has shown stability in recent days as Bitcoin has bounced back from last week’s low of $83,000 to $93,000 today, increasing the value of Strategy’s Bitcoin holdings to over $60.45 billion. Summary The MSTR stock price has made a slight recovery this week as Bitcoin climbed to $93,000. Analysts on Wall Street predict that the stock could potentially double within the next year. Technical indicators suggest a possible rebound if the stock surpasses the crucial resistance level at $232. The stock also saw a rebound after management…
The U.S.-listed spot bitcoin BTC$92,600.26 exchange-traded funds (ETFs) have experienced substantial outflows recently, coinciding with a 35% drop in price from $125,000 to the low $80,000s, leading to discussions about institutional capitulation.However, data analysis from Amberdata indicates a more intricate situation: the influx of concentrated redemptions due to “basis trade” or the closing of arbitrage bets, rather than widespread panic within ETFs, as total holdings remained solid at 1.43 million BTC.”Since mid-October, Bitcoin ETFs have seen nearly $4 billion in outflows. The price has plummeted from $125,000 to the low $80,000s—a 35% decline erasing six months of gains. The common…
Meta (META) may be distancing itself further from the metaverse it once invested heavily in.According to a Bloomberg report citing knowledgeable sources, executives are considering budget reductions of up to 30% in the metaverse division by 2026. This division includes Horizon Worlds, Meta’s social virtual reality (VR) platform, and its Quest headset business. These cuts may result in layoffs, the report indicated.Mark Zuckerberg, Meta’s founder and CEO, reportedly requested all departments to achieve 10% cost savings, which has been a common request in recent budget cycles. However, the metaverse team has been asked to cut more, as the overall tech…
The long-standing user-experience issue in crypto, the infamous seed phrase, is now facing significant scrutiny. Wallet providers are exploring programmable smart accounts and easier recovery methods, shifting the conversation about self-custody from technical complexities to everyday practicality.In this week’s episode of The Clear Crypto Podcast, host Nathaniel Whittemore, Cointelegraph’s Gareth Jenkinson, and Ready (previously Argent) CEO Itamar Lesuisse discuss how privacy, self-custody, Bitcoin-backed borrowing, and seed-phrase-free wallets are converging to change the way people manage and utilize digital assets.A prevalent concern for both crypto novices and experienced users is the vulnerability of seed-phrase security. As Jenkinson pointed out, users often…