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.
Mayor Eric Adams of New York City has established a new crypto hub within City Hall. On October 14, he signed Executive Order 57, which created the Office of Digital Assets and Blockchain Technology. This unit operates within the Mayor’s Office, reports to the city CTO, and is led by Moises Rendon.The city claims this is the first municipal office in the U.S. focused on digital assets. The order is effective immediately.What does that actually unlock?The order instructs the office to coordinate efforts across various agencies, research and propose policies, educate the public about risks and fraud, and collaborate with…
Essential InsightsCrypto charts show open-high-low-close (OHLC) data.OHLC data assists traders in monitoring price changes, evaluating volatility, and identifying trading chances.The X-axis indicates timeframes, while the Y-axis displays price levels on either a linear or logarithmic scale. Volume bars below the chart can validate market involvement.Candlestick charts are favored for their detail, while line charts provide a quick snapshot, and bar charts offer an alternative OHLC view.Common patterns like head and shoulders, double tops and bottoms, triangles, flags, pennants, and wedges reflect trader sentiment and aid in predicting possible reversals or continuations.As of 2025, the crypto landscape is a blend of…
Key takeaways:US spot demand on Coinbase keeps Bitcoin stable above $110,000.7,300 inactive BTC have moved, indicating potential profit-taking.Derivatives wallets mobilized 364,000 BTC, suggesting impending volatility.Bitcoin (BTC) has maintained its position above $110,000, supported by robust spot demand from US investors. The Coinbase Premium Index, which measures the price differences of BTC on Coinbase compared to global exchanges, has remained consistently positive during recent market sell-offs.On Oct. 10, the index surged to 0.18, marking its highest level since March 2024, indicating that significant spot bids were filled between $110,000 and $100,000 despite market turmoil. A positive premium generally reflects ongoing US…
Bittensor (TAO) has experienced a nearly 14% increase in price over the past 24 hours, bringing its weekly gain to approximately 40%. A clear pattern is emerging on the chart that, if validated, could propel the TAO price back towards its previous all-time high from last year.However, a significant risk remains, which could determine whether this formation takes off or falters before lift-off.Sponsored Whales Back the Rally as One Metric Hits Record HighOn-chain data indicates that whales continue to influence the direction of the TAO price.The Chaikin Money Flow (CMF)—an indicator tracking money flow from large wallets—has reached 0.40, its…
Bitcoin is at a critical juncture following last Friday’s rapid downturn that temporarily dipped prices to $103,000, unsettling market confidence before a quick recovery. The premier cryptocurrency has since stabilized, hovering just below the $115,000 threshold as traders and institutions reevaluate short-term trends. While volatility has resurfaced, on-chain and institutional indicators still reflect Bitcoin’s solid fundamentals. Related Reading A recent report from Bitwise reveals that institutional interest remains strong, with 72 publicly known companies collectively holding over 1 million BTC, valued around $117 billion. This includes significant corporate holders, ETFs, and investment firms that maintain a long-term strategic outlook on…
Stable has joined forces with Morpho to enhance lending across its ecosystem, including the Stable Pay application. This integration allows users to earn yields on idle balances. Summary Stable has integrated the decentralized lending protocol Morpho into its blockchain ecosystem to facilitate yield generation on idle stablecoin balances, including the Earn feature of its digital application. The partnership aims to position the project as one of the most capital-efficient networks, enabling both institutional and retail users to earn yield on idle funds. According to a press release sent to crypto.news, the stablecoin-enabled blockchain Stable has integrated the decentralized lending protocol…
Key points:Bitcoin’s rebound is encountering selling pressure at elevated levels, suggesting bears are still in control.Multiple altcoins have declined from their resistance levels, indicating selling during rallies.Bitcoin’s (BTC) rebound is experiencing selling pressure during rallies, but a positive note is that bulls are attempting to establish a higher low around $109,500. Lower price levels are drawing buyers, evidenced by the net inflows into US spot BTC and Ether exchange-traded funds (ETFs) on Tuesday, following net outflows on Monday. As per SoSoValue data, BTC ETFs noted $102.58 million in inflows while ETH ETFs recorded $236.22 million in net inflows.Despite recent volatility,…
Franco-German banking group ODDO BHF has introduced a stablecoin tied to the euro under the European Union’s Markets in Crypto-Assets (MiCA) regulation.As per an announcement released on Wednesday, the bank will act as the issuer of the EUROD stablecoin, while Flowdesk will ensure liquidity and Fireblocks will provide the tokenization infrastructure. Guy de Leusse, deputy chief operating officer at ODDO BHF, stated that the group recognized the need to deliver a European solution in euros to offer an alternative to US dollar-denominated stablecoins.Stablecoins are digital currencies pegged to traditional currencies like the euro. The new token will first be available…
Sure! Here’s the content rewritten while keeping the HTML tags intact: Bitcoin remains stable in the $110,000 range today, just over a week after hitting a record high above $126,000. The price of Bitcoin dipped from 24-hour peaks of around $113,600 to the low $110,000s today. This movement follows a tumultuous weekend that resulted in the liquidation of over $19 billion in leveraged positions, affecting more than 1.6 million traders as margin calls cascaded across exchanges. The Bitcoin price fell to the low $100,000s on Friday, October 10, amid trade tensions between the U.S. and China that disturbed global markets.…
Omnichain versions of Tether’s stablecoin USDt (USDT) and Tether Gold (XAUT) are now accessible on Solana via Legacy Mesh, an interoperability network built on LayerZero. This network integrates native stablecoin liquidity across various blockchains, positioning Solana as a viable settlement layer for on-chain finance and real-world assets (RWAs).The launch of USDT0 and XAUT0 effectively brings Tether’s digital dollar and tokenized gold to Solana, potentially integrating stablecoin liquidity with real-world asset applications.Unlike Tether’s USDT stablecoin, USDT0 is not issued by Tether itself. It operates within a third-party omnichain liquidity network designed to consolidate existing native USDT liquidity across multiple blockchains. Consequently,…