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.
CoinDesk Indices shares its daily market update, showcasing the leaders and laggards within the CoinDesk 20 Index.The CoinDesk 20 is presently valued at 3832.67, a rise of 4.5% (+164.52) since 4 p.m. ET on Friday.All 20 assets are experiencing upward trends.Top performers: BCH (+12.7%) and APT (+6.5%).Underperformers: XLM (+2.4%) and ICP (+2.5%).The CoinDesk 20 is a comprehensive index that is traded across various platforms in multiple regions globally.
Sure! Here’s the rewritten content while keeping the HTML tags intact: The cryptocurrency markets have kicked off the week with a significant increase, driven by a unique set of favorable macroeconomic conditions.As reported by CryptoSlate, Bitcoin has surged to a new intraday peak exceeding $116,000, stabilizing around $115,587 at the time of this report. This marks its highest price in weeks and indicates it is approaching its previous record.Ethereum followed suit, nearing the $4,200 mark, while Solana surpassed the $200 threshold. Other major cryptocurrencies including BNB, Cardano, Chainlink, and Hyperliquid experienced notable gains during this period.This collective upward movement indicates…
Opinion by: Vitaliy Shtyrkin, chief product officer at B2BINPAYFor years, major retailers have poured resources into developing their own fintech divisions, convinced they could create payment solutions independently and innovate without the smaller players—an endeavor that saw some success initially.However, these corporations are now coming to terms with the fact that having substantial resources does not ensure innovation.Why? Because size has its drawbacks. Large companies are often bogged down by bureaucracy, regulatory scrutiny, and antitrust pressures which slow their progress. On the other hand, previously underrated fintech disruptors operate with fewer constraints and greater agility.They are the ones implementing white-label…
Shares of Strive Asset Management (ASST) and Semler Scientific (SMLR) surged in premarket trading on Monday, maintaining the positive trend surrounding the first merger of two publicly traded bitcoin BTC$114,452.26 treasury firms.Strive’s stock rose approximately 30% to $1.46, while Semler’s shares increased by 18% to $28.40. This upward movement continued from late Friday, following investor Mike Alfred’s announcement on X that he acquired over 1 million shares of ASST.“Strive is among the most promising BTC Treasury firms globally and is trading at a favorable valuation,” Alfred remarked.Retail investors have shifted their focus to the stock. The WallStreetBets community has identified…
Blockchain infrastructure company tZERO has revealed its intention to go public, highlighting the increasing investor interest in tokenized assets and the incorporation of blockchain technology into conventional financial markets, according to a press release issued on Monday.Based in New York, the firm, which is recognized for its regulated digital asset platform and brokerage services, believes that the shift toward an initial public offering (IPO) demonstrates its conviction that tokenization will create “the new rails” for cross-border capital flow and asset development.TZERO joins the list of cryptocurrency firms aspiring for a public listing amidst a surge of activities in the sector.…
UPDATE (Oct. 27, 14:35 UTC): Prenetics has revised their figures during the live announcement, amending the $46.8 million and $212 million to $48 million and $216 million respectively. Prenetics (PRE), the health science firm endorsed by David Beckham, has successfully secured $48 million in an oversubscribed equity round aimed at enhancing its wellness brand IM8 and progressing its bitcoin treasury initiative. Total funds could potentially reach $216 million via warrant exercises, according to Prenetics’ announcement sent via email on Monday. This funding round attracted investors including Kraken, Exodus (EXOD), GPTX, and American Ventures. CEO Danny Yeung stated that the investment…
S&P Global Ratings has assigned a “B-” credit rating to Michael Saylor’s Strategy, placing it within speculative, non-investment-grade territory—often termed a “junk bond”—while noting that the outlook for the Bitcoin treasury company remains stable.“Strategy’s significant bitcoin concentration, limited business focus, poor risk-adjusted capitalization, and minimal US dollar liquidity are seen as weaknesses,” the credit rating agency commented in a Monday review.Strategy has built its treasury of 640,808 BTC primarily through equity and debt financing. The stable outlook suggests the company will carefully manage convertible debt maturities and uphold preferred stock dividends, potentially through further debt issuance.S&P Global pointed out that…
Bitcoin and a number of significant altcoins have embarked on a robust recovery, although this relief rally is likely to encounter substantial challenges at key resistance levels overhead.
The price of Bitcoin jumped to $115,000 on Monday, increasing by over 1% in the last 24 hours, driven by optimism regarding easing U.S.–China trade tensions and a renewed appetite for risk assets in global markets. Geoffrey Kendrick, Head of Digital Asset Research at Standard Chartered Bank, indicated that Bitcoin may “never drop below $100,000 again” if the favorable macro conditions persist this week. In a communication to clients, Kendrick noted that the improvement in trade relations between Washington and Beijing has transformed last week’s market anxiety into “hope.” U.S. Treasury Secretary Scott Bessent’s weekend statement suggesting a potential postponement…
Global tech giant IBM (IBM) is deepening its involvement in cryptocurrency assets with a new platform aimed at banks, governments, and large enterprises looking to securely manage digital assets across various blockchains.The IBM Digital Asset Haven is designed to provide custody, transaction routing, and settlement across more than 40 public and private chains, as stated in a press release on Monday. It will also offer compliance features such as identity verification and anti-money laundering (AML) checks, integrated through APIs and developer tools.The software-as-a-service (SaaS) iteration of this platform is expected to launch in the final quarter of this year, with…