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.
Crypto traders are feeling anxious as they anticipate Fed Chair Powell’s speech after the FOMC meeting concludes later today. Summary Fed Chair Jerome Powell will present a speech regarding the Fed’s recent policy decisions and economic outlook later today. The CME’s FedWatch tool indicates a 99.9% probability of a 25bps rate cut. In the last 24 hours, Bitcoin and major cryptocurrencies have seen slight declines. As reported by crypto.news, the total market capitalization of cryptocurrencies dipped by 1.2% to approximately $3.9 trillion, with most significant tokens showing slight losses. Currently, Bitcoin (BTC), the leading cryptocurrency, is trading around $113,446, reflecting…
CoinShares, a prominent crypto asset management firm based in Europe, has unveiled a new investment product that offers access to Toncoin, which is linked to Telegram.CoinShares International announced a collaboration with Vine Hill Capital Investment Corp., a blank-check company, to introduce an exchange-traded product (ETP) based on Toncoin (TON).The new offering, CoinShares Physical Staked Toncoin, began trading on Switzerland’s main stock exchange SIX under the ticker CTON on Tuesday.Toncoin serves as the native cryptocurrency for The Open Network (TON), a blockchain platform closely tied to the Telegram platform. Over the last year, TON has experienced a notable decline, with its…
Democratic senators are urging US Attorney General Pam Bondi and the Department of Justice to provide more information about President Donald Trump’s pardon of Binance co-founder Changpeng “CZ” Zhao.In a public letter sent on Tuesday, seven Democratic senators stated that the pardon “sends a message to cryptocurrency executives and white-collar criminals that they can act without fear of consequences.” They accused Trump of promoting criminal behavior “as long as it benefits him financially.”This letter follows earlier remarks from US Representative Maxine Waters, the leading Democrat on the House Financial Services Committee, who claimed that “Trump is providing significant benefits to…
Deutsche Digital Assets, a regulated provider of exchange-traded products (ETPs) in Germany, is set to launch an ETP that offers investors exposure to TAO$420.87, a cryptocurrency associated with decentralized artificial intelligence, in collaboration with the Nasdaq Nordic-listed broker Safello (SFL), as announced on Wednesday.The Safello Bittensor Staked TAO ETP will be available for trading on the SIX Swiss Exchange under the ticker STAO in the coming weeks.This product is physically backed by TAO tokens stored in cold storage with a regulated custodian, as per the press release. Investors can expect returns based on both TAO’s price fluctuations and staking rewards,…
Although there has been a drop in stock prices and a slowdown in Bitcoin acquisitions, Strategy, the largest corporate holder of Bitcoin globally, has a 70% chance of being added to the S&P 500 index by year-end, according to insights from crypto market intelligence firm 10X Research. Strategy is scheduled to announce its third-quarter 2025 earnings this Thursday, which are anticipated to reveal an approximate $3.8 billion gain due to fair-value Bitcoin (BTC) accounting. A successful quarter would imply a 60%–70% likelihood that the stock could be included in the S&P 500 effective December 19, according to a report from…
Solana SOL$194.33 steadied near $195–$196 after a quick slide through $200 was absorbed around $195.The Bitwise Solana Staking ETF (BSOL) launched on Oct. 28; Bitwise reported first-day trading volume at $55.4M with $217.2M AUM, aiming for 100% staked exposure and targeting around 7% average staking rewards. Grayscale Solana Trust ETF (GSOL) is set to commence trading on Oct. 29 on NYSE Arca, providing exposure to SOL along with potential staking rewards.Technical analysis highlights The following insights are drawn from CoinDesk Research’s technical analysis framework.Performance: SOL is up 0.78% at $195.58, lagging the overall crypto market by 2.33 percentage points.Path and…
World Liberty Financial announced the distribution of 8.4 million WLFI governance tokens to early adopters of its USD1 points program, rewarding users who have contributed to the adoption of its stablecoin.Loading…In a message on X, the Trump-affiliated crypto initiative stated that the initial distribution will be allocated to traders who accrued points through the use of USD1 pairs or by maintaining USD1 balances on partner exchanges.The distribution will occur across six centralized exchanges: Gate.io, KuCoin, LBank, HTX Global, Flipster, and MEXC, with timing and eligibility criteria set by each platform.World Liberty indicated that the points program will persist alongside new…
Even with a decline in stock prices and a decrease in Bitcoin acquisitions, Strategy, the largest corporate Bitcoin holder globally, has a 70% probability of being included in the S&P 500 index by year-end, as per crypto market intelligence firm 10X Research.Scheduled for release on Oct. 30, Strategy’s third-quarter 2025 earnings are anticipated to show an estimated $3.8 billion gain from fair-value Bitcoin (BTC) accounting.If the quarter is profitable, there’s a 60%–70% likelihood that the stock will enter the S&P 500 effective Dec. 19, according to a recent report from 10X Research.“Capitulation often feels like the end — until it…
DBS and Goldman Sachs (GS), two leading financial institutions globally, have executed a groundbreaking over-the-counter (OTC) cryptocurrency options trade between banks, representing a significant milestone in the institutional adoption of digital assets in Asia.This transaction involved cash-settled bitcoin BTC$113,421.04 and ether ETH$4,027.87 options, enabling the banks to hedge against exposure linked to crypto-based products. This development reflects longstanding practices in traditional finance, providing structured and customizable risk management tools for institutional portfolios.This milestone aligns with the rising demand for digital asset derivatives. In just the first half of 2025, clients of DBS executed over $1 billion in crypto options and…
Cryptocurrency companies providing financial products need to secure an AFSL by June 30. Bitcoin and NFTs are reportedly exempt from the financial product category. The Treasury has completed discussions on new cryptocurrency legislation. Australia has strengthened its regulatory landscape for digital assets, launching new guidelines that clarify the classification and licensing of crypto service providers. The Australian Securities and Investments Commission (ASIC) announced updates to Information Sheet 225. Service providers associated with financial products must apply for an Australian Financial Services License (AFSL) and register with the Australian Financial Complaints Authority by June 30. The revised document aims to simplify…