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.
JPMorgan has reaffirmed its commitment to permitting clients to trade Bitcoin and other cryptocurrencies. Although the bank will not provide custody services immediately, it is broadening its blockchain initiatives and investigating how cryptocurrency fits into its overall market strategy. Scott Lucas, JPMorgan’s global head of markets for digital assets, discussed the bank’s strategy in a CNBC interview, highlighting an “and” approach that integrates traditional financial infrastructure with upcoming blockchain opportunities. Regarding crypto trading, Lucas stated, “Jamie [Dimon] made it clear during investor day that we would be active in that space, but custody isn’t currently on the agenda.” The bank…
ARK Invest’s report for the third quarter reveals that Solana has produced the highest blockchain revenue compared to other networks, totaling $223 million. Summary In Q3 2025, Solana outperformed all blockchains, generating $223 million in real economic value, followed by Tron with $160 million, despite total blockchain revenue dropping 83% from its peak in 2021. ARK Invest highlighted that the reduction in overall revenue was due to lower uninformed capital flows and decreasing transaction costs. The third-quarter DeFi report from ARK Invest indicates that Solana consistently generates significant economic value, around $223 million, leading all listed networks in value creation.…
By Francisco Rodrigues (All times ET unless indicated otherwise)The cryptocurrency market demonstrated a tentative rebound following a drastic flash crash on Friday, which wiped out over $500 billion in value and triggered nearly $20 billion in liquidations on derivatives platforms.Bitcoin plummeted by up to 13% within an hour, hitting a low around $102,000 before recovering to trade above $111,800. The broader market, represented by the CoinDesk 20 (CD20) Index, increased by 11.8% from its lowest point this week, although it dropped by 3.5% in the last 24 hours to 3,727 points, underperforming BTC, which declined by 2.8% in the same…
Friday’s unprecedented $19 billion liquidation event in the crypto market has created a split among traders, with some blaming market makers for a coordinated sell-off, while others suggest a natural process of deleveraging.This flash crash resulted in open interest for perpetual futures on decentralized exchanges (DEXs) plummeting from $26 billion to under $14 billion, as reported by DefiLlama.On Friday, fees on crypto lending protocols surged past $20 million, reaching the highest daily total ever recorded, while weekly DEX volumes soared beyond $177 billion. Additionally, the total borrowed across lending platforms fell below $60 billion for the first time since August.Source:…
Binance holds a 67% share in Gopax, which was acquired in February 2023. A $4.3 billion US settlement alleviated regulatory concerns in South Korea. Gopax encountered a $47 million liquidity shortfall related to Genesis Global Capital. South Korea is nearing a decision to permit Binance’s return to its crypto market after nearly two years of uncertainty. The Financial Intelligence Unit (FIU) has resumed its review of Binance’s controlling stake in the domestic exchange Gopax, indicating that the largest crypto platform may soon re-enter one of Asia’s most regulated markets. The process revolves around an executive-change filing that serves as a…
Key takeaways:BNB is experiencing short-term correction risks while still showing a bullish macro trend.A bull flag remains intact, suggesting a BNB price target above $2,000.BNB (BNB) has decreased by 10% in the past 24 hours, mirroring the cautious sentiment in the larger crypto market.BNB/USDT daily chart. Source: Cointelegraph/TradingViewWith a 13% decline from its $1,300 all-time high achieved on Monday, speculation arises regarding whether the upside for the Binance-related token has ended.BNB encounters “overbought” risksThe BNB/USD pair has reached multiple all-time highs since late July, causing the relative strength index (RSI) on the weekly chart to enter overbought territory, heightening the…
Although Bitcoin’s price has declined, the amount of BTC held on exchanges has fallen to its lowest point in over a decade, indicating that investors are still accumulating rather than liquidating their holdings. Summary Bitcoin’s exchange reserves have reached a 10-year low, demonstrating robust accumulation. Liquidations have removed excess leverage, resulting in a healthier environment for recovery. Technical indicators remain mixed, but long-term support around $108K remains intact. Bitcoin has dropped below $113,000 as traders pulled back following a weekend sell-off spurred by tariff news. Over the last week, Bitcoin has fallen by approximately 10%, fluctuating between $109,883 and $125,023.…
Friday witnessed a stunning $19 billion crypto market liquidation event that has sparked division among traders. Some have accused market makers of orchestrating a sell-off, while analysts have attributed it to a natural deleveraging cycle.The flash crash on Friday caused open interest for perpetual futures on decentralized exchanges (DEXs) to plummet from $26 billion to below $14 billion, as reported by DefiLlama.Crypto lending protocol fees surged past $20 million on Friday, marking the highest daily total on record, while weekly DEX volumes rose to over $177 billion. Additionally, the total borrowed across lending platforms fell below $60 billion for the…
Friday’s unprecedented $19 billion crypto market liquidation event has led to mixed reactions among traders, with some accusing market makers of orchestrating a coordinated sell-off, while analysts pointed to a natural deleveraging cycle.The flash crash on Friday saw open interest for perpetual futures on decentralized exchanges (DEXs) plunge from $26 billion to below $14 billion, according to DefiLlama.On Friday, fees for crypto lending protocols skyrocketed past $20 million, marking the highest daily total ever, while weekly DEX volumes exceeded $177 billion. Total borrowing across lending platforms also fell below $60 billion for the first time since August.Source: DefiLlamaRelated: BitMine adds…
Leading meme coin Dogecoin has experienced a modest rebound of 5%. This follows a brief drop to a September 2024 low during last week’s Black Friday sell-off.As the broader crypto market seeks to recuperate from the sharp decline, DOGE’s price has shown a slight upward trend in recent days. However, on-chain data indicates that this recovery may not be strongly supported. This analysis explores the reasons behind this situation.Sponsored Dogecoin Recovery May Be Short-LivedData from Glassnode reveals that new demand for DOGE is consistently shrinking, with fewer new addresses interacting with the asset daily since last Friday.Yesterday, 18,251 unique addresses…