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.
Upexi (UPXI), a Nasdaq-listed cryptocurrency treasury firm specializing in Solana SOL$124.36, has submitted a filing to raise up to $1 billion in a shelf registration with the U.S. Securities and Exchange Commission (SEC).This action allows the company to raise capital by selling common stock, preferred shares, debt instruments, warrants, or units in multiple offerings over time.Headquartered in Tampa, Florida, Upexi oversees several consumer brands, including Cure Mushrooms medicinal products and Lucky Tail pet care. It also holds the fourth-largest SOL treasury among public companies, with over 2 million tokens ($248 million) on its balance sheet.Funds generated from these securities sales,…
Sure! Here’s a rewritten version of the content, keeping the HTML tags intact: Technological advancements often come with an inherent limit regarding their effectiveness and appeal. Once they have addressed all possible challenges, their expansion potential is essentially constrained. For example, when every potato enthusiast owns a potato peeler, the market for peelers reaches its growth limit. The pressing concern surrounding AI today revolves around the extent of problems it can tackle. The market may already be saturated, or it might hold virtually unlimited potential. How do stablecoins fit into this picture? They have surged from nearly nonexistent at the…
Filecoin FIL$1.3018 decreased by 2.2% over the last 24 hours, falling from $1.32 to $1.29 as technical sellers took control of price movements. The decentralized storage token formed a distinct bearish channel pattern, with repeated lower highs indicating continued downward momentum within the 5 cent trading range, as noted by CoinDesk Research’s technical analysis model.The model indicated that trading volume was telling the real story. Trading surged to 7.59 million tokens yesterday evening, an increase of 180% above the 24-hour average. This spike correlated with selling around the $1.33 resistance level, signifying clear institutional distribution, according to the model. With…
A record-setting $23 billion in Bitcoin options will expire on December 26, with maximum pain situated around current levels and liquidity being limited, paving the way for significant BTC volatility. Summary This unprecedented $23 billion in Bitcoin options expires on December 26, marking the largest BTC options expiry ever recorded. There is a substantial accumulation of call options at high strike levels, while put options are concentrated at lower strikes, with maximum pain situated close to current prices. Reduced liquidity during the holiday season and position unwinding may intensify BTC volatility as institutional trading adjusts. On Friday, December 26, a…
DOT$1.7526 dropped 4.5% to $1.75 in the past 24 hours, lagging behind the broader cryptocurrency market.The CoinDesk 20 index, a key market indicator, was down 2.5% at the time of this report.The decline in DOT was noted on particularly low trading volume, which was 9% lower than the 30-day averages, indicating a lack of institutional involvement that usually propels significant price movements, as per CoinDesk Research’s technical analysis.The analysis indicated that DOT showed relative weakness compared to the overall cryptocurrency sector, as capital shifted towards higher-momentum assets.This divergence suggests a diminishing appetite from investors for the token, despite recent developments…
Internet Computer (ICP) saw a decline of 2% since Monday.
Disclosure: The opinions shared here are solely those of the author and do not reflect the views or opinions of crypto.news’ editorial team. Throughout much of the internet’s existence, we believed we were entering a harmless convenience economy: quicker browsing, smarter suggestions, and free services fueled by hidden advertising. The reality was a subtle transfer of power—from users to platforms, from independence to extraction, from consent to surveillance cloaked as convenience. Summary Convenience gradually became surveillance: Web2 platforms and AI systems shifted power from users to corporations by extracting, modeling, and integrating our behavior, compromising privacy and autonomy without true…
ZOOZ Strategy’s Bitcoin-backed stock has entered a compliance timeline with Nasdaq after the exchange informed the firm that its shares no longer satisfy the $1 minimum bid-price criterion, increasing the risk of delisting if the price doesn’t recover within six months.The dual-listed company, trading on both Nasdaq and the Tel Aviv Stock Exchange, announced on Monday that it plans to keep an eye on the situation, and it may consider implementing a reverse share split if necessary.A reverse share split involves a company reducing the total number of its outstanding shares and proportionately increasing the price per share, usually to…
Despite most prominent crypto-based Exchange-Traded Funds (ETFs) experiencing notable outflows last week, XRP investment products defied this trend, garnering over $80 million in inflows and finishing the week positively. Related Reading XRP ETFs Capture Attention XRP ETFs have sustained robust demand, achieving a 25-day streak last Friday and concluding the week with a positive net inflow. In contrast, crypto investment products faced a challenging week, totaling nearly a billion dollars in outflows. According to CoinShares’ weekly report, digital asset funds concluded the week in negative territory for the first time in four weeks, with outflows amounting to $952 million. This…
Crypto Markets Today will be taking a break starting Wednesday, returning on Jan. 5 to provide your usual trading updates and market analysis. Wishing you and your loved ones a joyful holiday season!It’s another risk-off day in the crypto market, with Cardano’s Midnight Network governance token, NIGHT, plummeting 22% in the last 24 hours, marking the steepest decline among the top 100 tokens by market capitalization.While the cause of the sell-off remains uncertain, other tokens are also facing losses. The non-serious token PUMP has dropped 13%, while MNT, XMR, and ZEC have seen declines of up to 8%.Bitcoin BTC$87,688.49 has…