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 launch of Grayscale’s first US spot Chainlink exchange-traded fund (ETF) attracted significant interest on its inaugural trading day, indicating that investors still seek regulated altcoin products amidst a broader downturn in the crypto market.Grayscale’s Chainlink (LINK) ETF started with $41 million in net inflows and $13 million in trading volume on its first day, according to Eric Balchunas, Bloomberg’s senior ETF analyst, in a Wednesday X post. “$41m in first day flows. Another instant success from the crypto sector, with the only exception being Doge, but it’s still early days.”This launch further indicates that institutional and professional investors are…
Citadel Securities encouraged the U.S. Securities and Exchange Commission (SEC) to adopt a careful stance towards decentralized finance (DeFi), asserting that certain systems engaging in tokenized U.S. equities could mimic regulated market structures and ought to be assessed accordingly.The crypto community reacted strongly on social media after the public release of the Dec. 2 letter, part of a consultation regarding how federal securities regulations should apply to crypto trading platforms.Historically, the SEC has been perceived as skeptical about the crypto industry under former Chair Gary Gensler, but has shown a more accommodating approach since President Donald Trump’s return to office.…
The clamor for a presidential pardon for Samourai wallet developers Keonne Rodriguez and William Lonergan Hill is intensifying, with Bitcoin advocates and policy organizations urging US President Donald Trump to take action before the duo enters prison next year.In November, Rodriguez and Hill were sentenced to five and four years in prison, respectively, after pleading guilty to conspiracy charges related to running an unlicensed money-transmitting business. They each admitted to this conspiracy under a plea deal, with the laundering charges being dismissed. Both are expected to report to prison in early January 2026 unless a pardon is obtained.Notable figures within…
Leading US banks are initiating early trials with stablecoins, crypto custody, and digital asset trading in collaboration with Coinbase, as stated by CEO Brian Armstrong during The New York Times DealBook Summit.As reported by Bloomberg, Armstrong did not specify which banks are involved but cautioned that those slow to embrace crypto “are going to get left behind.” He made these comments during a panel discussion alongside BlackRock CEO Larry Fink. Despite their past disagreements on crypto, Armstrong and Fink found common ground regarding Bitcoin.Armstrong dismissed the notion that Bitcoin might drop to zero, while Fink acknowledged a significant “use case”…
Larry Fink, the chair and CEO of the asset management firm BlackRock, discussed his significant transformation in perspective from linking cryptocurrencies with illegal activities to overseeing the largest spot Bitcoin exchange-traded fund. During his remarks at The New York Times’ DealBook Summit on Wednesday, Fink responded to inquiries regarding his stance on cryptocurrency and Bitcoin (BTC) posed by journalist Andrew Ross Sorkin. The BlackRock CEO remarked that his transition from viewing crypto mainly as a facilitator of money laundering to having substantial investments in BTC amounted to “a very glaring public example of a big shift in [his] opinions.” “My…
A widely utilized chip in smartphones, including the crypto-centric Solana Seeker, has an unrectifiable vulnerability that might enable attackers to fully control the device and steal stored private keys, according to Ledger, a crypto wallet manufacturer.In a report released on Wednesday, Ledger mentioned that it conducted an attack on the MediaTek Dimensity 7300 (MT6878), successfully evading its security protocols to achieve “complete and absolute control over the smartphone, with every security barrier breached.”Ledger’s security experts Charles Christen and Léo Benito described how they harnessed electromagnetic pulses to take control of the chip during its initial boot phase.Crypto wallets depend on…
Key takeaways:Low BTC and ETH leverage interest contrasts with strong stock market performance, indicating fragile sentiment despite improving liquidity expectations.Although economic uncertainty remains, projected monetary easing mitigates downside risks for cryptocurrencies, potentially fostering bullish momentum.Bitcoin (BTC) and Ether (ETH) surged on Wednesday, reaching their highest levels in a fortnight as investors anticipate a more expansionist monetary policy. Weak economic signals heightened hopes for new stimulus measures, driving demand for scarce assets.The S&P 500 index and gold also responded positively as investors looked forward to an influx of liquidity in the markets. However, with the cryptocurrency market capitalization still 29% below…
In disappointing news for crypto enthusiasts, analysts from Dutch bank ING have pointed out the breakout potential of the 10-year U.S. Treasury yield, which currently stands at 4.09%, aligning with CoinDesk’s predictions.The yield has remained robust, staying above 4% despite several weak economic indicators, such as Wednesday’s negative ADP employment report for November, marking the third contraction in five months. An increasing yield could tighten financial conditions, hinder risk-taking, and impact riskier assets, including cryptocurrencies.”Treasuries favor a trading range of 4% to 4.1%. A temporary break below seems more likely, but a break above could have more longevity,” the bank…
Brian Armstrong and Larry Fink engage in a discussion about Bitcoin, tokenization, regulation, and AI, outlining a tech-driven future enriched by cryptocurrency within global finance. Summary Fink characterizes Bitcoin as “an asset of fear” and a long-term hedge, while Armstrong challenges the Buffett-Munger “zero” prediction. Both anticipate 2025 as a pivotal year for regulation, with U.S. laws transforming crypto from a gray area to a “well-lit establishment” due to substantial industry lobbying. They contend that tokenization and stablecoins will eliminate friction, reshape banking models, and determine whether the U.S. can compete with India and Brazil. Brian Armstrong and Larry Fink…
A chip commonly found in smartphones, including the Solana Seeker, has an irreparable vulnerability that may enable attackers to fully control the device and steal private keys, according to Ledger, a crypto wallet manufacturer.In a report released on Wednesday, Ledger stated it successfully demonstrated an attack on the MediaTek Dimensity 7300 (MT6878), circumventing its security protocols to achieve “complete and total control over the smartphone, with all security measures compromised.”Ledger’s security engineers, Charles Christen and Léo Benito, detailed how they commandeered the chip using electromagnetic pulses during its boot-up process.Crypto wallets frequently depend on private keys, with some users storing…