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.
Ledn, a digital asset lender, has achieved a record quarter in its Bitcoin-backed credit products, as a growing number of investors turn to borrowing against their assets during the ongoing crypto bull market.In the third quarter, the company originated $392 million in Bitcoin (BTC)-backed loans, bringing the year-to-date total past $1 billion. Since its launch, Ledn has issued over $2.8 billion in loans in more than 100 countries, according to the company.Additionally, Ledn reported generating around $100 million in annual recurring revenue.The company offers fully collateralized loans, with Bitcoin collateral secured in custody throughout the lending process. Ledn’s reserves are…
NYSE progresses with the introduction of four new spot crypto ETFs, as SEC personnel continue to handle approvals in spite of the ongoing government shutdown.
Citigroup may become one of the first major banks on Wall Street to provide stablecoin payment services, representing a significant step towards wider acceptance of tokenized dollars following the enactment of the GENIUS Act this year.As reported by Bloomberg, Citi has joined forces with crypto exchange Coinbase to enhance its digital asset capabilities, initially concentrating on facilitating client fund transfers between fiat and crypto currencies.Debopama Sen, Citi’s payments head, indicated that the bank’s clients increasingly desire programmability, conditional payments, and improved speed and efficiency, along with 24/7 payment access.Sen noted that Citi is “exploring solutions to enable onchain stablecoin payments…
Key takeaways:XRP fractal suggests a potential rally of 12% to 18% in November.On-chain metrics show record XRP withdrawals, increasing its bullish prospects.XRP (XRP) is poised to finish October in a decline, experiencing a drop of over 7.5% this month despite a significant 109% recovery from its mid-October lows.XRP/USD daily chart. Source: TradingViewThis recovery follows positive developments, including Evernorth’s $1 billion purchase of XRP and Ripple’s favorable remarks about the token in its Hidden Road acquisition announcement.These factors enhance XRP’s chances for a continued rebound in November. But what price levels can we expect? Let’s explore.XRP targets double-digit gains in NovemberXRP’s…
Bitcoin, known as the largest and oldest blockchain, faces a pivotal question regarding the volume of data it should retain on its ledger.A proposed update, Bitcoin Improvement Proposal 444 (BIP-444), aims to retract a recent enhancement to OP_RETURN that permitted users to attach text, images, and digital signatures to their transactions.Proponents argue that this is a vital step to mitigate legal risks. However, critics contend it is an ill-conceived overreach that threatens to undermine Bitcoin’s foundational principles of openness.BIP 444Bitcoin has weathered numerous ideological conflicts, from scaling debates to environmental concerns, but few have been as fundamentally significant.At the forefront…
Polkadot’s DOT token has been incorporated into Unity Nodes, enhancing efforts to decentralize telecom verification within the $2 trillion global industry. Summary Unity Nodes converts smartphones into verification units, logging test calls and network checks on-chain to replace conventional auditing methods. MNTx supplies the infrastructure for switch and validation nodes, WMTx manages secure on-chain settlements, and DOT functions as a reward token for operators. The incorporation of DOT offers real-world utility for Polkadot, allowing users to earn rewards while fostering a transparent, multi-trillion-dollar telecom ecosystem. Per a press release shared with crypto.news, Polkadot’s native token, DOT, has been integrated with…
Key insights:XRP fractal suggests a potential rally of 12% to 18% in November.On-chain metrics show record XRP withdrawals, increasing bullish prospects.XRP (XRP) is poised to finish October on a downturn, having declined over 7.5% this month, despite a substantial 109% recovery from mid-October lows. XRP/USD daily chart. Source: TradingViewThis recovery aligns with positive developments, including Evernorth’s $1 billion acquisition of XRP treasury and Ripple’s favorable reference to the token during its Hidden Road acquisition announcement.These factors enhance XRP’s likelihood of maintaining its upward trend into November. But what price levels can we expect? Let’s dive in.XRP targets double-digit gains in…
Japan has officially entered the regulated stablecoin era with the introduction of JPYC EX, the nation’s first fully licensed digital yen under the updated Payment Services Act. This achievement highlights a significant moment for Japan’s financial landscape, connecting traditional banking infrastructure with the Web3 domain. Related Reading Building on previous iterations of JPYC, the new JPYC EX is crafted to function as a compliant, yen-backed stablecoin, linking the country’s banking network to blockchain-based commerce, DeFi solutions, and cross-border transactions. With complete legal backing and asset support, it positions the yen as a future key player in global digital finance. As…
The bank is collaborating with Coinbase to enhance digital asset payment solutions for its institutional clients.
Key points:Bitcoin bulls are striving to maintain the price above $107,000, but bears are still applying selling pressure.The rebound in many major altcoins has stalled, indicating ongoing selling from bears during minor recoveries.Buyers have kept Bitcoin (BTC) above the crucial $107,000 support level; however, the absence of a strong rebound signifies continued bear pressure. Analyst opinions on BTC’s next move remain divided amid short-term uncertainty.Geoff Kendrick, Standard Chartered’s global head of digital assets research, informed Cointelegraph that BTC is on course to reach $200,000 by the end of 2025. Kendrick believes that investors will view the recent downturn as a…