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.
A significant yet understated event has occurred, which could transform how conventional markets assess digital currencies like Bitcoin.For the first time, a prominent global ratings organization has evaluated a company whose borrowing strategy is directly linked to BTC.On October 27, S&P Global Ratings granted Strategy Inc. (MSTR) a “B-” rating with a Stable outlook.Commenting on this, Mathew Sigel, head of digital asset research at VanEck, stated:“That’s high-yield territory. Able to service debt for now, but vulnerable to shocks.”Nonetheless, the rating acknowledges the company’s debt framework and Bitcoin’s role as valid collateral in the global credit landscape.By doing so, S&P has…
Update: Oct. 28, 4:47 am: This article has been revised to clarify the identity of the creator of the new Bitcoin proposal. A recent Bitcoin improvement proposal for a soft fork has ignited controversy on X due to a section perceived as imposing legal repercussions on those opposed to the fork. The new proposal, authored by a user going by dathomohm, and published on Friday, builds upon an earlier proposal from core developer Luke Dashjr, and represents the latest chapter in the ongoing Bitcoin Core vs Knots discussion, focused on the intended uses of Bitcoin and whether non-financial transactions should be…
Asset manager Bitwise reports that its Solana staking exchange-traded fund achieved $55.4 million in trading volume on its inaugural trading day on Tuesday, coinciding with the introduction of two additional altcoin ETFs from Canary Capital.The trading volumes for the Bitwise Solana Staking ETF (BSOL) were the highest among all crypto ETFs launched in 2025, according to Bloomberg ETF analyst Eric Balchunas stated on Tuesday, surpassing the launches of XRP (XRP) and Solana (SOL) staking ETFs from REX Osprey.BSOL attracted approximately $223 million in assets before launch, which Balchunas indicated reflected growing institutional interest and confidence in staking, where users earn…
Terminal Finance, a decentralized exchange (DEX) nurtured by Ethena Labs, has amassed over $280 million in total value locked (TVL) in anticipation of its imminent launch at the end of this year, according to DefiLlama.The pre-deposit phase featured three capped vaults containing 225 million USDe, 10,000 ether ETH$3,989.59, and 100 bitcoin BTC$113,107.35. Data from DeFiLlama indicates that the vaults have achieved full capacity.Terminal aims to be the primary DEX for the Ethena ecosystem, which focuses on USDe, Ethena’s synthetic dollar, and sUSDe, its yield-bearing counterpart. The platform will also accommodate trading against USDtb, a token backed by BlackRock’s BUIDL fund.Decentralized…
BOB (“Build on Bitcoin”) has introduced an innovative framework that allows bitcoin BTC$114,183.19 holders to secure stablecoin loans against their BTC while maintaining its safety on the Bitcoin network.The Bitcoin Vault Liquidation Engine tackles ongoing issues in bitcoin lending, including all-or-nothing liquidations and lengthy settlement periods, as outlined by founder Alexei Zamyatin in a Telegram message to CoinDesk.A vault refers to a smart contract that safely locks in a user’s cryptocurrency as collateral for a loan.This mechanism acts as a trustless escrow, automatically managing collateral and executing a liquidation (asset sale) if its value drops too low.Leveraging this for bitcoin…
Bitwise, an asset manager, announced that its Solana staking exchange-traded fund generated $55.4 million in trading volume on its first day of trading on Tuesday, coinciding with the launch of two other altcoin ETFs from Canary Capital.The trading volume for the Bitwise Solana Staking ETF (BSOL) was the highest among all crypto ETFs launched in 2025, according to Bloomberg ETF analyst Eric Balchunas noted on Tuesday, surpassing the launches of REX Osprey’s XRP (XRP) and Solana (SOL) staking ETFs.BSOL attracted approximately $223 million in assets prior to its launch, indicating a rising institutional interest and confidence in staking, which rewards…
Key points: The ability of Bitcoin traders to break through the $116,000 price barrier may depend on the Fed’s interest rate decision on Wednesday and the US-China trade summit happening this week.Pro traders are selling into BTC price surges, while retail investors are purchasing dips in the spot market, but are facing liquidation in futures.Bitcoin (BTC) price remains robust, climbing 13% since the liquidity-driven sell-off on October 10. However, technical indicators suggest that daily closes above $116,000 are essential to confirm a bullish trend reversal.Data from TRDR reveals that sellers are suppressing recent intra-day breakouts above $116,000, and order book…
The price of Bitcoin has maintained a somewhat bullish trend this week, trading above $115,000 today and briefly hitting $116,077. However, it has since dropped to the mid-$112,000 range, according to data from Bitcoin Magazine Pro. This price fluctuation occurs as traders consider the upcoming interest-rate decision from the Federal Reserve and growing optimism surrounding U.S.-China trade relations. Bitcoin Magazine Pro reported a 1.6% increase in BTC’s value before the late afternoon decline. Despite historical patterns of Bitcoin typically retreating ahead of significant U.S. economic announcements, the cryptocurrency remained stable as the Federal Open Market Committee (FOMC) meeting approaches on…
Some of the biggest names in the cryptocurrency sector are financing the contentious construction of the White House ballroom, which commenced recently with the demolition of the historic East Wing. While Democratic Senator Richard Blumenthal is requesting explanations of their involvement in the endeavor, many are shying away from public attention.CoinDesk reached out to various crypto firms listed as Trump’s private-sector supporters for their feedback on their contributions and their plans to address the senator’s inquiry, but only a representative from Coinbase replied. Ripple, Tether, and Gemini, whose founders Tyler and Cameron Winklevoss have donated, remained unresponsive, despite receiving letters…
OceanPal Inc., which is listed on Nasdaq, has successfully secured $120 million through a private investment in public equity (PIPE) to establish SovereignAI, a new subsidiary aimed at commercializing the NEAR Protocol and building AI infrastructure.In a Tuesday announcement, the company plans to adopt a crypto treasury strategy and aims to acquire up to 10% of the NEAR (NEAR) token supply. This initiative, developed in collaboration with the NEAR Foundation, positions OceanPal as a public entity offering exposure to the cryptocurrency protocol’s native token.OceanPal emphasized that its partnership with the NEAR Foundation is rooted in a mutual aspiration for “universal…