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.
SWIFT, a key element of the global financial messaging system, is advancing towards establishing itself as a comprehensive blockchain infrastructure provider.This week, the network revealed its intention to create a shared ledger platform aimed at enabling banks to settle transactions using stablecoins and tokenized assets across various blockchains.While SWIFT has traditionally acted as the messaging intermediary for cross-border money transfers, this new platform would place it more centrally in the value transfer process.This marks a significant transition for an organization that has been a staple in traditional finance for over 50 years, known for facilitating communications among more than 11,500…
Last week, Bitcoin treasury companies accumulated $1.2 billion in BTC, but analysts believe the recent all-time high for Bitcoin was primarily driven by inflows into Bitcoin exchange-traded funds.As the weekend approached, Bitcoin surged, reaching a new all-time high of over $125,000 on Saturday.Bitcoin (BTC) treasury companies acquired over 6,702 coins last week, with Japanese investment firm Metaplanet leading the way by adding 5,258 Bitcoin on October 1.In contrast, spot Bitcoin ETFs recorded a net inflow of $3.24 billion last week, closely approaching their record week from November 2024.Source: BitcoinTreasuries.NetETF inflows boost priceVincent Liu, Chief Investment Officer at Kronos Research, shared…
Bitcoin’s price surged last week, increasing by 12.14% and recovering the losses from a tepid September. While altcoins primarily fueled significant rallies from July to September, this time Bitcoin led the charge. During this period, major altcoins like Ethereum (ETH) and Solana (SOL) recorded modest gains of 12.90% and 13.24%, respectively.Sponsored SponsoredReasons for the Bull Run: Shutdowns, Jobs, and the FedThe primary driver behind last week’s rally was the US government shutdown, which commenced at midnight EST on Wednesday. During a shutdown, federal employees cease work, halting government spending, including employee salaries.Market observers perceived this as a significant source of…
Good Morning, Asia. Here’s what’s making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.A stablecoin backed by the ruble and linked to a sanctioned Russian defense bank unexpectedly became a sponsor of Singapore’s largest crypto event, causing compliance issues and highlighting how financial sanctions can overlap internationally.On Friday morning, former White House Crypto Policy Director Bo Hines spoke at Token2049, praising Tether – his current employer – and its compliant stablecoin,…
On October 4, 2025, Sanae Takaichi was elected as the new leader of Japan’s Liberal Democratic Party. She is anticipated to be nominated as the nation’s first female prime minister during the extraordinary Diet session on October 15. Recognized for her growth-oriented and financially proactive strategies, Takaichi’s economic policies emphasize ending deflation and fostering economic growth. While she hasn’t made specific comments regarding cryptocurrency, her fiscal approach and potential collaboration with opposition parties might affect anticipated reforms in crypto taxation that the Japanese digital asset sector has long awaited. Japan’s Iron Lady: Takaichi’s Profile BREAKING: Japan just hit CTRL+Z on…
The financial services leader Morgan Stanley has put forth guidelines for cryptocurrency allocations within multi-asset portfolios, advocating for a “conservative” strategy in their October Global Investment Committee (GIC) report directed at investment advisors.Morgan Stanley analysts suggest a maximum 4% allocation to cryptocurrencies in “Opportunistic Growth” portfolios, which are designed for higher risks paired with higher returns. They also advise a maximum of 2% allocation for “Balanced Growth” portfolios that embody a more moderate risk profile. Nevertheless, the report recommends a 0% allocation for portfolios focused on wealth preservation and income. The authors noted:“Although this emerging asset class has shown significant total…
The GENIUS Act, focused on stablecoins and enacted in July, is expected to prompt a shift of deposits from conventional bank accounts to higher-yield stablecoins, according to a co-founder of Multicoin Capital.“The GENIUS Bill marks a turning point for banks’ ability to exploit retail depositors with negligible interest,” stated Tushar Jain, co-founder and managing partner at Multicoin Capital, in a post on X this past Saturday.“Following the GENIUS Bill, I anticipate major tech corporations like Meta, Google, and Apple will begin competing with banks for retail deposits,” Jain elaborated, suggesting they might offer superior yields on stablecoins along with a…
Bitcoin reached a new all-time high on Sunday, trading over $125,000 in Asian hours as markets continued to gain in October. Reports indicate that the token increased by about 2.7% to approximately $125,245 on the day, surpassing its previous peak in August of around $124,480. Related Reading Institutional Flows And Political Signals According to reports, a significant surge in demand through US-listed spot Bitcoin ETFs has fueled this rise, with weekly net inflows into those funds estimated at around $3.24 billion. Traders and investors indicated that a weaker US dollar and stronger equity markets have also contributed to pushing prices…
In today’s crypto news, DeFiLlama reveals the delisting of Aster perpetual trading volume data, Bitcoin has surged to a new all-time high, and the Stripe CEO states that stablecoins will compel banks to provide customers with genuine interest on their deposits.DeFiLlama Delisting Aster Perpetual Futures Volume DataDeFiLlama, a decentralized finance analytics platform, is removing volume data for the Aster decentralized exchange (DEX) due to concerns regarding data integrity, as stated by 0xngmi, a pseudonymous co-founder of DeFiLlama.0xngmi mentioned that the perpetual futures trading volume on Aster is nearly equivalent to that on Binance and provided a chart illustrating that the…
502 Bad Gateway