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 exhibits renewed momentum as traders analyze charts to assess the potential for a rally towards the $2.30 to $2.50 range. Is the majority of the movement contingent on Bitcoin’s short-term performance?
On Wednesday, Solana Mobile provided updated information about SKR, the upcoming native token for its Seeker smartphone ecosystem. Set to launch in January 2026, SKR will serve as the economic and governance foundation for its decentralized mobile platform.According to a statement on X from Solana Mobile, SKR will have a capped total supply of 10 billion tokens. The distribution plan is aimed at benefiting users and fostering ecosystem growth: 30% will be allocated for airdrops, 25% for growth initiatives and partnerships, and 10% for liquidity and launch support. An additional 10% will be reserved for a community treasury, while 15%…
Nvidia (NVDA) CEO Jensen Huang believes that the race for artificial intelligence will not be won by a single breakthrough. During his appearance on The Joe Rogan Experience, Huang characterized the rapid advancement of AI as a continuation of a longstanding global competition for technological superiority, altering geopolitical dynamics from World War II through the Cold War.“We’ve always found ourselves in a tech race,” Huang remarked, drawing parallels between today’s quest for AI leadership and the Manhattan Project. The distinction, he suggested, lies in the pace: rather than a sudden conclusive victory, AI will progress in waves—incremental improvements that may…
The US Securities and Exchange Commission (SEC) issued warning letters to various exchange-traded fund (ETF) providers, putting a halt to applications for leveraged ETFs that exceed 200% exposure to the underlying asset.ETF issuers Direxion, ProShares, and Tidal received letters from the SEC referencing legal clauses under the Investment Company Act of 1940.This regulation limits the exposure of investment funds to 200% of their value-at-risk, determined by a “reference portfolio” of unleveraged underlying assets or benchmark indexes. The SEC stated:“The fund’s designated reference portfolio provides the unleveraged baseline against which to compare the fund’s leveraged portfolio for purposes of identifying the…
Reasons for Rigs Going Dark Miners are navigating one of the most challenging margin environments the industry has encountered in years.A recent analysis indicates that hash revenue for major public miners has dropped from approximately $55 per petahash (PH) per day in Q3 to around $35 per PH/day today. Their median all-in cost is close to $44 per PH/day. Essentially, a significant portion of the sector is currently mining at a loss.Simultaneously, the network hashrate is lingering around 1.0-1.1 zettahash (ZH) per second, indicating that competition for each block is nearing record levels.The crux of the issue is return on…
Coinbase (COIN) is collaborating with some of the largest U.S. banks on pilot initiatives involving stablecoins, crypto custody, and trading, as announced by CEO Brian Armstrong on Wednesday at the New York Times DealBook Summit.“The leading banks are embracing this as an opportunity,” Armstrong stated during a discussion with BlackRock CEO Larry Fink, without naming specific institutions. “Those resisting will risk being left behind.”This announcement indicates a subtle yet increasing acceptance of crypto infrastructure by mainstream financial entities, even as the broader market faces intense regulatory examination. Stablecoins — digital currencies tied to cash or similar assets — are becoming…
Bitcoin (BTC) surged by 5.81% on Tuesday, marking its highest daily gain since May 8. During this rally, a bullish engulfing pattern emerged, representing the first noteworthy structural change on the daily chart for the fourth quarter. Traders are now considering the likelihood of a continued recovery in the upcoming days. Bitcoin one-day chart. Source: Cointelegraph/TradingViewKey takeaways:Bitcoin formed a bullish engulfing candle with its strongest daily increase since May, indicating early trend expansion.A daily close above $96,000 is necessary for complete bullish confirmation.Buy-side trading surged to its peak during the entire bull market as the Coinbase Premium turned positive.Bitcoin structure…
Bitcoin (BTC) surged 5.81% on Tuesday, marking its most significant daily gain since May 8. As this rally progressed, a bullish engulfing pattern emerged, indicating the first notable structural change on the daily chart for the fourth quarter. Traders are now questioning whether this signals a greater likelihood of a sustained recovery in the near term. Bitcoin one-day chart. Source: Cointelegraph/TradingViewKey takeaways:Bitcoin formed a bullish engulfing candle with its strongest daily increase since May, suggesting early trend growth.A closing price above $96,000 is necessary for full bullish confirmation.Buy-side trading hit its highest level of the entire bull market, as the…
Sure! Here’s the rewritten content while preserving the HTML tags: The price of Bitcoin reversed its recent upswing, dropping nearly 5% to fall below $87,000 during the early Asian trading session on December 1.This decline followed a spike in Japanese government bond yields, which sparked a widespread risk-off sentiment, fracturing a delicate and low-volume market structure.As reported by CryptoSlate, BTC plummeted from a consolidation area near $91,000, erasing about $150 billion from the total cryptocurrency market capitalization.Screengrab displaying Bitcoin’s performance from Nov. 30 to Dec. 1, 2025 (Source: The Kobeissi Letter)The reshaping of Japan’s carry trade initiated the downturn, but…
Crypto treasury firm ETHZilla (ETHZ) has strategically entered onchain credit through its acquisition of a 20% fully diluted stake in automotive-finance AI startup Karus.The $10 million agreement consists of $3 million in cash and $7 million in ETHZilla stock, enabling the integration of Karus’s underwriting AI models into its blockchain framework for issuing tokenized auto-loan portfolios.According to Wednesday’s announcement, Karus’s decisioning engine has been trained on over 20 million historical auto-loan outcomes and has assessed loans exceeding $5 billion at origination, providing ETHZilla with a pre-modeled dataset to structure AI-segmented pools with onchain settlement. The initial tokenized portfolios are expected…