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.
XRP fell to $2.27 after breaking beneath the $2.32 support level, but a significant volume spike down to $2.21 attracted buying interest and stabilized the drop—prompting traders to consider whether this rebound can reclaim $2.31-$2.32 or if the market remains within a descending channel.News backgroundXRP traders are assessing a short-term price dip against a longer-term bullish outlook on the XRP/BTC ratio.Chart analyst “The Great Mattsby” suggested that XRP/BTC is nearing a breakout above the monthly Ichimoku cloud for the first time since 2018, a shift that historically indicates XRP may outperform bitcoin if confirmed. This setup is gaining attention as…
U.S. senators convened on Tuesday to renew discussions on the crypto bill aimed at establishing the market framework for digital assets, as per sources close to the matter. However, no new agreements have been revealed concerning the various topics under debate between Democratic and Republican negotiators.During the meeting, Senator John Kennedy, informed Punchbowl News that Senate Banking Committee Chairman Tim Scott intends to schedule a bill markup on Jan. 15. The committee is expected to publish an updated draft bill prior to the markup, although the last draft was shared months ago.After a prolonged period of negotiation that did not…
Good Morning, Asia. Here’s the latest in market news:Welcome to the Asia Morning Briefing, your daily digest of key stories during U.S. hours along with an overview of market trends and analysis. For a comprehensive look at U.S. markets, check out CoinDesk’s Crypto Daybook Americas.Crypto markets kick off the year in a mode of recalibration rather than retreat, with bitcoin stabilizing above $90,000 and ether recovering strength as institutional positions readjust.As Hong Kong began trading on Wednesday, BTC saw a slight dip in short-term frames but stayed range-bound after surpassing the crucial $90,000 mark.”With stocks, gold, and other precious metals…
The U.S. Senate Banking Committee is making progress toward a bipartisan crypto market structure bill, with a vote scheduled for next week, according to its chairman. Industry insiders are preparing for a lobbying effort at Senate offices on Thursday.Republicans on the committee are expressing confidence that the end of lengthy negotiations over a regulated crypto market bill is near. However, Democratic negotiators have yet to broadly endorse the accelerated timeline proposed by committee Chairman Tim Scott, culminating in a markup hearing set for January 15. A document from Tuesday’s meeting, first reported by Politico, indicates that while key sticking points…
Ledger, known for its widely used hardware wallets in the crypto space, announced on Monday that a significant amount of customer data was compromised due to a breach associated with its third-party e-commerce partner, Global-e, sparking renewed anxiety within the crypto community.Although Ledger stated that private keys, wallet funds, and payment details were not exposed, the breach did reveal user names and contact information for those who bought devices through its online shop, reigniting ongoing concerns regarding recurring data breaches and their potential real-world implications.Shortly after the revelation, users reported a spike in phishing emails and scam attempts. Fraudsters mimicking…
Shares of Strategy (MSTR) increased by nearly 6% in after-hours trading on Tuesday following MSCI’s announcement that it would not proceed—at least for now—with plans to exclude digital asset treasury firms from its indexes.This decision alleviates immediate pressure on firms like Strategy, which possess significant bitcoin BTC$93,539.47 on their balance sheets yet do not directly engage in the blockchain sector. A formal exclusion from MSCI indexes could have prompted institutional investors to divest, diminishing demand for the stock.Read more: Strategy surges 6% on MSCI decision not to exclude DATs from indexesNevertheless, analysts caution that this development may not be the…
Strategy (MSTR) rose 6% in after-hours trading on Tuesday after MSCI opted not to remove digital asset treasury companies (DATs) from its indexes.”Differentiating between investment companies and those that hold non-operating assets, like digital assets, as part of their core business rather than for investment needs further investigation and discussion with market participants,” stated MSCI in a release. “For example, evaluating index eligibility for various types of these entities may necessitate additional inclusion assessment criteria, including financial-statement-based or other metrics.””At this time, the existing index treatment for DATCOs listed in the preliminary index published by MSCI, where their digital asset…
Jupiter, a DeFi protocol and trading platform built on Solana, has introduced JupUSD, a stablecoin pegged to the dollar, created in collaboration with Ethena Labs.In a post on X, Jupiter announced that initially, 90% of the stablecoin’s reserves will be kept in USDtb, a licensed stablecoin backed by shares of BUIDL, BlackRock’s tokenized money-market fund. The remaining 10% will be stored in USDC to serve as a liquidity buffer, alongside a secondary pool on Meteora. Source: Jupiter ExchangeAs shared in an announcement with Cointelegraph, Jupiter stated that JupUSD has been issued as an SPL token, which is Solana’s standard token…
The cryptocurrency market has kicked off 2026 on a strong note, yet the pressing question is whether this rally is sustainable, according to a blog post from crypto asset management firm Bitwise on Tuesday.Bitcoin BTC$92,456.24 and ether ETH$3,239.69 have both seen an approximate 7% increase year-to-date, just six days into 2026, with speculative tokens enjoying even higher rises. DOGE$0.1467 alone has surged approximately 29%, indicating a resurgence in risk appetite within certain market segments.Bitwise CIO Matt Hougan highlighted three essential conditions that must be met for crypto to reach new all-time highs this year, noting that one may have already…
DOT$2.1552 surrendered its earlier gains in a sharp downturn on Tuesday, trading 3.3% lower over the last 24 hours.The token lagged behind the broader cryptocurrency markets. At publication time, the Coindesk 20 index was down 1.3%.DOT’s trading volume was 17% above the 30-day moving average, indicating institutional selling rather than retail capitulation, as per the technical analysis from CoinDesk Research.The day started with DOT rising to $2.17 amid increasing participation, closely aligned with the overall cryptocurrency market trends.Resistance in the $2.24-2.26 range thwarted a breakout attempt, paving the way for the subsequent decline, according to the analysis.Price decline intensified as…