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 stock of Strategy, MSTR, formed a rare bullish reversal signal in technical analysis known as the “Abandoned Baby,” on its daily chart, suggesting that a severe downtrend may be losing momentum.Key takeaways MSTR daily chart. Source: XWhat price levels could MSTR reach after forming this pattern? Let’s dive in.Why is the Abandoned Baby pattern bullish for MSTR?The Abandoned Baby pattern occurs after a steep downtrend and consists of three candles: a lengthy bearish candle, a small indecision candle that gaps lower, and a robust bullish candle that gaps higher, leaving the indecision candle “abandoned.” Abandoned Baby pattern illustrated. Source:…
The market dynamics for Bitcoin have shifted as US spot exchange-traded funds now represent over 5% of the total net inflows into the asset.As reported by Glassnode, the 12 funds have enabled institutions to emerge as a marginal source of demand for the leading digital asset. This conclusion was drawn from comparing Bitcoin’s post-ETF inflows with the capital used for spot ETF creation.Since their inception, net capital inflows into Bitcoin have reached approximately $661 billion.Data from Glassnode indicates that 5.2% of this amount can be directly attributed to coins purchased by US spot ETFs, a figure that corresponds with their…
Grayscale’s introduction of the first U.S. spot Chainlink exchange-traded fund (ETF) attracted significant attention on its inaugural trading day, indicating that investors remain interested in regulated altcoin products amidst a broader decline in the crypto market.Grayscale’s Chainlink (LINK) ETF launched with $41 million in net inflows and a trading volume of $13 million on its first day, as reported by Eric Balchunas, Bloomberg’s senior ETF analyst, in a Wednesday X post. “$41m in first-day flows. Another instant success from the crypto scene; the only outlier has been Doge, but it’s still early.”This debut highlights the potential interest from institutional and…
XRP (XRP) has increased by 12% since dipping below the $2 threshold on Nov. 21, regaining crucial support levels. Rising network activity and ongoing institutional interest, coupled with diminished supply on exchanges, may pave the way for a sustained price rebound.Key insights:An uptick in XRP ledger velocity and whale involvement indicates heightened network activity and demand.A reduction in XRP supply on exchanges suggests robust accumulation by holders.XRP price bulls aim to establish firm support at $2.15 for the next upward movement.XRP Ledger velocity reaches 2025 peaksThe XRP ledger’s velocity has experienced a significant surge, rising to a yearly high of…
Axelar has introduced AgentFlux, an open-source framework aimed at executing AI agents locally while safeguarding private keys, trading strategies, and client data from the cloud — particularly appealing to institutions interested in onchain finance yet cautious about privacy concerns.Developed by Interop Labs, creators of the Axelar network, AgentFlux enables financial firms to implement “agentic” automation without disclosing sensitive information to external systems, the company reported on Thursday.The framework addresses a crucial pain point in AI-driven crypto operations: tool-calling.Currently, most agents depend on cloud models to determine which blockchain tools to use and how to structure transactions, potentially exposing the sensitive…
A top advisor in the Kremlin is advocating for the classification of Russia’s cryptocurrency mining as an export, emphasizing that significant amounts of Bitcoin and corresponding import payments should be reflected in the country’s trade statistics. Summary Kremlin advisor Maxim Oreshkin asserts that mined cryptocurrency effectively exits the country and ought to be documented as an export, impacting Russia’s balance of payments and foreign exchange market. Industry experts estimate that Russian miners generated approximately 55,000 BTC in 2023 and around 35,000 BTC in 2024, with daily earnings nearing 1 billion rubles. Russia’s regulated mining environment includes registration and corporate tax…
Twenty One Capital, a Bitcoin-focused firm, is set to launch trading on the New York Stock Exchange with the ticker “XXI” on December 9, following the imminent merger with Cantor Equity Partners (CEP), a special purpose acquisition company (SPAC), slated for December 8.The merger was approved by CEP shareholders on December 4, paving the way for the firm’s public debut. The completion of the deal is still contingent upon fulfilling specific closing conditions.After the merger, the entity will maintain the Twenty One Capital name and will be headed by Strike CEO Jack Mallers.The company claims to be the “first-ever Bitcoin-native…
Indian crypto investors utilizing CoinDCX seem to be adopting a more structured, portfolio-oriented strategy for digital asset investment, with initial signs of long-term allocation trends observed in 2025.On Thursday, the exchange published its annual report, indicating that users are moving away from the notion that “crypto equals Bitcoin” towards a broader range of asset holdings. CoinDCX data revealed that the average customer now possesses approximately five tokens, an increase from two to three tokens per investor in 2022.The report also highlighted that layer-1 assets made up 43.3% of portfolio volumes, while Bitcoin (BTC) accounted for a substantial 26.5%. Memecoins represented…
The cryptocurrency market maintained a positive vibe on Thursday, with bitcoin BTC$93,029.65 hovered near its weekly peak around $93,500, while ether ETH$3,192.88 climbed to $3,200 following its Fusaka upgrade.The Fear and Greed index rose to 27/100, moving out of the “extreme fear” territory as some optimism reenters the market.However, both bitcoin and most other cryptocurrencies continue to exhibit downward trends since early October, forming a pattern of lower highs and lower lows. For a trend reversal, bitcoin needs to establish highs above $98,500, indicating a significant bullish shift.The CoinDesk 20 (CD20) Index gained 1.13% in the last 24 hours as…
Plume, a blockchain initiative centered on real-world assets (RWA), has launched its Nest yield vaults on Solana, providing users with direct access to institutional-quality RWA for the first time.This launch features three products — nBASIS, nOPAL, and nTBILL — offering exposure to on-chain credit, U.S. Treasuries, and short-term receivables.By depositing stablecoins into Nest, users receive a yield-generating token that can seamlessly navigate Solana’s DeFi ecosystem, from automated market makers (AMMs) to lending platforms. These tokens can be redeemed at any time, making them valuable components in a new “real-world yield economy” on this high-speed network.According to Plume’s CBO and co-founder…