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.
Ether’s ETH$3,066.54 price has experienced a challenging quarter; however, the ether $6,500 call remains the top option regarding open interest on Deribit.Currently, the notional open interest in the $6,500 call, which signifies the dollar value of the active contracts, stands at $383.533 million, marking the highest among all ether options on the platform, as per data source Deribit Metrics. Other notable options include calls at $4,000, $5,500, and $6,000.A call option at the $6,500 strike suggests a belief that the spot price will exceed that threshold. Thus, a call buyer is inherently optimistic about the market.This quarter, ether’s spot price…
Ether (ETH) dropped to $2,800 on Monday, unable to sustain the $3,000 mark as rising expectations of a Bank of Japan interest rate hike unsettled the market. At the same time, mixed signals from technical analysis and on-chain data reflected uncertainty about Ether’s capacity to resist the downtrend.Key points:Ethereum’s price fell 5.5% on Monday, slipping below $3,000 again amid concerns over a Bank of Japan rate hike.For a robust recovery, bulls need to break above $3,200 persistently, while dropping below $2,800 would negate the macro bullish trend.Ether’s MVRV Z-Score is nearing the accumulation zone, indicating a potential local bottom.Ether’s price…
On Wednesday, Bitcoin surged past $93,000 as the broader crypto market rebounded, recouping a fraction of the substantial losses that resulted in nearly $500 million in liquidations earlier in the week.This increase provided some respite following a tumultuous start, although it does little to alleviate ongoing concerns after a series of structural disturbances in the market.By the early hours of the Asian market, Bitcoin had risen over 7% to around $93,360, reversing part of the drastic selling that drove the asset down below $84,000 on Monday. Ether followed suit, climbing more than 9% to reclaim the $3,000 threshold. Several other…
The UK has enacted a law recognizing digital assets, including cryptocurrencies and stablecoins, as property, a move that proponents argue will enhance protections for crypto users.On Tuesday, Lord Speaker John McFall announced in the House of Lords that the Property (Digital Assets etc) Bill received royal assent, signifying King Charles’ approval to transform the bill into an Act of Parliament.Freddie New, policy chief at advocacy group Bitcoin Policy UK, said on X that the legislation “becoming law is a significant advancement for Bitcoin in the UK and for all its users.” Source: Freddie NewUK common law, established through judicial decisions,…
This is an analytical post by CoinDesk analyst and Chartered Market Technician Omkar Godbole.Bitcoin BTC$87,058.23 has rebounded sharply from the $80,000-$83,000 support area, testing the Friday swing high at $93,100. A breakout at this level would reveal the trendline drawn from the record highs of October 8, which remains a critical near-term resistance.Consolidation appears more probable before any breakout, as the hourly MACD histogram shows shallow bars above zero, signaling a decrease in upward momentum. The daily MACD, however, continues to show a bullish stance, suggesting a favorable outcome from the consolidation.On the downside, the $80,000-$83,000 support level is crucial…
XRP surged past the significant $2.10 resistance level, driven by a powerful increase in trading volume, marking its most notable breakout in recent weeks as a convergence of technical and on-chain factors favored the bulls.• XRP rose from $2.03 to $2.17 as buyers overwhelmed sellers at critical resistance points• Volume spiked by 182% above the average during the breakout period at 15:00 GMT• XRP Ledger network activity hit multi-year highs, with over 40,000 Account Set operations• AMM-related activity increased as regulatory clarity encouraged developer and liquidity growth• Institutional buying was evident through consecutive high-volume bursts exceeding 1M unitsThe breakout above…
An Ethereum whale has re-emerged after a decade of inactivity—however, instead of cashing out, the whale has committed its entire stash to staking.The Ether (ETH) wallet contains 40,000 tokens, which were purchased for approximately $12,000 during Ethereum’s genesis block launch in July 2015, as per data from blockchain platform Lookonchain. Its current value is around $120 million.Instead of transferring the assets to a crypto exchange, this ICO-era whale opted to stake their complete ETH portfolio, signaling a strong belief in Ethereum’s future. Source: LookonchainRecently, there has been significant discussion about large crypto whales offloading assets, with some analysts linking recent…
Key takeawaysButerin perceives a significant 20% likelihood that quantum computers may compromise existing cryptography before 2030, advocating for Ethereum to start preparations.A major concern pertains to ECDSA. If a public key becomes visible on-chain, a future quantum computer might theoretically exploit it to derive the associated private key.Buterin’s quantum contingency plan includes reversing blocks, freezing EOAs, and transitioning funds to quantum-resistant smart contract wallets.Mitigation encompasses smart contract wallets, NIST-approved post-quantum signatures, and crypto-agile infrastructure that can seamlessly switch schemes.In late 2025, Ethereum co-founder Vitalik Buterin took an unusual step by quantifying a risk often framed in science fiction terms.Citing the…
The cryptocurrency lending sector has reached unprecedented levels of transparency, primarily driven by companies like Tether, Nexo, and Galaxy, with an outstanding loan portfolio nearing $25 billion for the third quarter.Since the start of 2024, the crypto lending market has seen over a 200% growth, according to Galaxy Research. This marks the highest level achieved since its peak in Q1 2022.Nonetheless, it has not yet reached its previous peak of $37 billion.According to Alex Thorn, head of research at Galaxy, the key difference between now and then lies in the emergence of new centralized finance lending platforms and enhanced transparency.Thorn…
Bitcoin is experiencing a surge of optimism regarding a potential recovery, as crypto analysts set their sights on the six-figure mark for the cryptocurrency, having risen above $92,000 after a decline to $84,500.“This is what you’d want to see. [Bitcoin] rebounding after an unusual dip on the 1st of this month,” said Michaël van de Poppe, founder of MN Fund and analyst, on Tuesday.He emphasized that it is “essential” for Bitcoin (BTC) to surpass the $92,000 mark.“If that breaks, I’m confident we’ll start to see a new all-time high and test $100,000.”Van de Poppe compared the current price conditions of…