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.
XRP has continued its upward trajectory, successfully breaching the $2.197 resistance level, which indicates a revival of bullish momentum as institutional buying interest becomes evident at crucial levels.The overall cryptocurrency sentiment has improved, thanks to BlackRock reaffirming its commitment to real-world asset tokenization.Firelight, an emerging DeFi project, enables XRP holders to stake their tokens and earn rewards while offering on-chain protections against hacks.Developed by Sentora and supported by Flare Network, Firelight introduces a capital-efficient protection mechanism designed to bolster DeFi’s resilience.The protocol leverages Flare’s FAssets system, integrating XRP into DeFi and presenting a novel yield-earning prospect for XRP holders. Technical…
Shares in IREN rebounded on Wednesday after the Bitcoin miner announced plans to raise $3.6 billion through a mix of share sales and convertible debt offerings to meet the growing demand for artificial intelligence technologies.IREN (IREN) surged 7.6% to reach a peak of $44.25 during Wednesday’s trading, ultimately closing at $43.96, marking a 6.9% increase. This recovery followed a decline of over 15% on Tuesday after the announcement of its fundraising efforts.On Wednesday, IREN revealed that it was initiating a $2 billion convertible note offering while also conducting a stock sale aimed at raising an additional $1.63 billion. Shares in…
Last week, Bitcoin (BTC) attempted to surpass a significant resistance level after briefly reaching $93,300. However, BTC could not sustain its momentum, with prices falling below $85,000 on Monday. Bitcoin four-hour chart. Source: Cointelegraph/TradingViewKey takeaways:Bitcoin’s failure to close above $93,000 negated the possibility of a bullish trend reversal.In the absence of new spot demand, Bitcoin may fluctuate between $80,600 and $96,000 until one of those price points is tested.Spot Buyer Deficiency Hinders Bullish MomentumLimited spot liquidity and shallow order-book depth are the main challenges BTC faces in trying to move past $93,000. A significant cost-basis cluster exists around $84,000, with…
Shares in IREN rebounded on Wednesday after the Bitcoin miner announced plans to raise $3.6 billion through share sales and a convertible debt offering, aiming to deploy computers to meet increasing demand for artificial intelligence. IREN (IREN) surged 7.6% to a high of $44.25 during Wednesday’s trading, ultimately closing at $43.96 for a 6.9% increase. This follows a drop of over 15% on Tuesday after the company revealed its capital raising initiatives. On Wednesday, IREN disclosed that it was initiating a new $2 billion convertible note offering and concurrently conducting a share sale to secure an additional $1.63 billion. IREN’s…
IREN shares rebounded on Wednesday after the Bitcoin mining company announced plans to raise $3.6 billion via a mix of share sales and a convertible debt offering, aiming to deploy computers to meet the rising demand for artificial intelligence.IREN (IREN) surged 7.6% to a high of $44.25 during Wednesday’s trading, closing at $43.96 with a 6.9% increase. This follows a more than 15% decline on Tuesday after announcing its capital raising plans.On Wednesday, IREN disclosed it was initiating a new $2 billion convertible note offering while also conducting a share sale to generate an additional $1.63 billion. IREN shares have…
Solana is set to launch the long-awaited native token associated with its latest mobile phone model, Seeker, at the beginning of 2026, with the coin designated as the governance token for the company’s mobile ecosystem.On Wednesday, Solana Mobile announced in a post on X that the “SKR” token will have a total supply of 10 billion tokens, with 30% allocated for airdrops and 25% dedicated to growth and partnerships.An additional 10% of the token’s supply will be earmarked for liquidity, 10% for a community treasury, 15% for Solana Mobile, and 10% for Solana Labs, the mobile arm’s parent company. Source:…
In early 2026, Solana will launch its highly anticipated native token for the new Seeker smartphone, establishing it as a governance token for the company’s mobile ecosystem.On Wednesday, Solana Mobile revealed in an X post that the “SKR” token will have a total supply of 10 billion, with 30% designated for airdrops and 25% set aside for growth and partnerships.Additionally, 10% of the token supply is earmarked for liquidity, 10% for a community treasury, 15% for Solana Mobile, and 10% for Solana Labs, which is the parent company of the mobile division. Source: Solana Mobile In May, Solana Mobile announced…
Good Morning, Asia. Here’s today’s market news:Welcome to the Asia Morning Briefing, your daily recap of notable stories from U.S. hours along with market analysis and movements. For a comprehensive look at U.S. markets, refer to CoinDesk’s Crypto Daybook Americas.A recent report from CryptoQuant indicates that Strategy is quietly bracing for a prolonged BTC downturn.This viewpoint contrasts with prediction markets that still anticipate the company’s actions to mirror those of 2021.The latest weekly report from CryptoQuant points out that Michael Saylor’s bitcoin treasury firm is shifting focus from aggressive BTC accumulation to safeguarding its balance sheet, which is underscored by…
Bitcoin is nearing a pivotal moment as two influential bullish patterns, the Cup & Handle and the Inverse Head and Shoulders, converge to indicate a potential breakout surge. With momentum increasing and critical resistance levels coming within reach, the market is preparing for what could be a significant explosive movement. BTC Surges Past 93,160 as Cup & Handle Aims for 104,000 In analyzing BTC on the 4-hour chart, analyst Kamile Uray highlighted that the price is now climbing above the $93,160 threshold. Uray is intently watching the price, as a successful close above this mark would affirm the breakout of…
In November 2025, crypto merger and acquisition (M&A) activity reached $8.6 billion, with companies finalizing a record 133 deals, marking an unprecedented high in both deal count and total value.According to Bloomberg and Pitchbook data, the total dollar amount of business deals surpassed the combined total of the previous four years.Leading the M&A activity, Coinbase completed six acquisition deals in 2025, notably including the $2.9 billion purchase of Deribit, one of the largest marketplaces for crypto derivatives. Total amount of capital invested in crypto deals every year since 2020. Source: BloombergOther notable Coinbase acquisitions included the blockchain-based advertising platform Spindl,…