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.
Institutional staking provider Figment has enhanced its collaboration with Coinbase, enabling the exchange’s institutional clients to stake a wider array of proof-of-stake (PoS) assets directly through Coinbase Custody — a development that may boost adoption beyond Ethereum.With this integration, Coinbase Prime customers can leverage Figment’s staking infrastructure to tap into additional PoS networks, such as Solana (SOL), Sui (SUI), Aptos (APT), Avalanche (AVAX), among others, as the companies announced on Tuesday.This partnership, which commenced in 2023, has already generated over $2 billion in staked assets via Coinbase Prime.Source: FigmentCoinbase Prime caters to institutional investors by providing a comprehensive crypto prime…
Swiss software company Avaloq, catering to various private banks and wealth managers, conducted a survey on the trends in high net worth (HNW) investing within the UAE.
In the last year, the surge in Bitcoin’s exchange-traded fund (ETF) activity has been hailed as evidence of Wall Street’s newfound acceptance of crypto. Nonetheless, the underlying figures tell a more delicate tale.On October 28, Vetle Lunde, head of research at K33 Research, highlighted that US Bitcoin ETFs have seen approximately $26.9 billion in inflows year-to-date.However, this headline figure masks a significant disparity, as BlackRock’s iShares Bitcoin Trust (IBIT) alone represents roughly $28.1 billion of that total.US Bitcoin ETFs Flows (Source: Vetle Lunde)In essence, Bitcoin ETFs would have seen net outflows this year without IBIT. The relentless growth of this…
Internet Computer increased by 1.6%, reaching $3.22 as institutional trading activity surged, affirming a bullish breakout above the critical $3.20 barrier.
HBAR surged past $0.20 as Canary Capital’s HBAR ETF launched on the NYSE, supported by institutional investment from BitGo.
Traders are experiencing a varied outlook; BNB’s deflationary features could provide a lift if demand increases, yet technical indicators reveal the price is trapped within a tight range.
XLM has risen by 2.3% in the past 24 hours, surpassing crucial resistance levels due to increased trading volume during the European session and a heightened interest from institutions in blockchain-based payment solutions.
OpenAI, the creator of ChatGPT, has transitioned its organizational structure into a public benefit corporation, a move intended to provide the company with enhanced flexibility to secure funding as it grows its ambitions in artificial intelligence.As reported by The Wall Street Journal, this restructuring allows Microsoft to acquire a 27% stake in the new organization, estimated to be worth around $135 billion. This agreement also prolongs Microsoft’s access to OpenAI’s essential technologies for an additional seven years.In conjunction with this deal, OpenAI has pledged to invest $250 billion in Microsoft’s Azure cloud services throughout the partnership, thereby reinforcing the strategic…
Highlights:Bitcoin hits $116,000 once more as volatility surges during the US trading session.Traders exhibit differing views on short-term BTC price movements, eyeing targets like $117,000 ahead of Wednesday’s Federal Reserve rate decision.The latest CME futures gap is gaining traction as a potential downside target.Bitcoin (BTC) surpassed $116,000 following Tuesday’s Wall Street open, marking a continued Uptober rebound for crypto.BTC/USD one-hour chart. Source: Cointelegraph/TradingViewFOMC meeting fuels BTC price fluctuationsAccording to data from Cointelegraph Markets Pro and TradingView, BTC experienced a 1.6% daily increase, bringing BTC/USD to $116,077 on Bitstamp.In a surprising twist, Bitcoin defied the trend of retreating before major US…
Today, the French Parliament will see the introduction of a pro-crypto bill by the center-right Union of the Right and Centre (UDR) party, spearheaded by lawmaker Éric Ciotti. This marks a significant milestone as it’s the first extensive legislative proposal concerning cryptocurrency in France. The initiative proposes the establishment of a national Bitcoin Strategic Reserve, aiming to recognize the cryptocurrency as a form of “digital gold” to enhance financial sovereignty. According to journalist Gregory Raymond, the proposed legislation envisions France acquiring up to 2% of Bitcoin’s overall supply—approximately 420,000 BTC—over a timeline of seven to eight years, as reported. The…