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.
Sure! Here’s a rewritten version of your content, keeping the HTML tags intact: Bitcoin is currently in a state of indecision. The market shows a lack of conviction, with prices bouncing back and forth between established support and resistance levels without forming a clear trend in either direction. This type of price movement typically indicates uncertainty among both buyers and sellers, often preceding a significant shift. Summary Bitcoin is oscillating within a narrow range, with buyers and sellers evenly balanced, causing prices to bounce between short-term support and resistance. Technical analysis from DrBullZeus indicates that failed breakouts and minor pullbacks…
The CME has ceded its position as the leading exchange for bitcoin BTC$88,653.05 futures open interest (OI). Binance has surpassed CME as the largest platform by OI, according to CoinGlass data, with Binance holding approximately 125,000 BTC ($11.2 billion in notional value) compared to CME’s 123,000 BTC ($11 billion). CME’s OI began the year at 175,000 BTC, but this figure has consistently declined as the profitability from basis trading — where traders buy spot bitcoin while simultaneously selling futures to gain from the price difference — has diminished.In contrast, Binance’s open interest has remained stable throughout the year, being the…
BlackRock has identified its iShares Bitcoin Trust (IBIT) exchange-traded fund (ETF) as one of the top three investment themes for 2025, a notable move considering bitcoin’s BTC$88,452.53 dip this year.The firm has positioned IBIT alongside two more traditional ETFs: the iShares 0-3 Month Treasury Bond ETF (SGOV) and the iShares Top 20 U.S. Stocks ETF (TOPT).Bitcoin has fallen over 4% year-to-date, marking its first decline in three years, and IBIT has reflected this trend. Nonetheless, the ETF has attracted significant investor interest, ranking sixth among all ETFs for inflows in 2025, with more than $25 billion since January.“It’s easy to…
The digital asset treasury bubble is reversing, as companies that were once focused on accumulating cryptocurrency are now selling digital assets to stabilize falling stock prices or decrease debt.ETHZilla (ETHZ), a Nasdaq-listed company dedicated to building a reserve of ether, the second-largest cryptocurrency, reported late Friday that it has liquidated $74.5 million worth of tokens from its treasury. This marks the company’s second ETH sale.The proceeds from this latest transaction aim to redeem outstanding senior secured convertible notes, as per a regulatory filing made on Friday.The firm sold 24,291 ETH at an average price of $3,068, reducing its holdings to…
Ghana has officially embraced cryptocurrency trading by implementing a regulatory framework for the industry. Recently, Ghana’s parliament enacted the Virtual Asset Service Providers Bill into law, as stated by Bank of Ghana (BoG) Governor Johnson Asiama, according to a report from the state-owned Daily Graphic news agency published on Sunday. “Trading in virtual assets is now legal, and individuals will not face arrest for participating in cryptocurrency. We now possess a framework to manage associated risks,” Asiama noted on Friday during the BoG’s annual Nine Lessons, Carols, and Thanksgiving Service. This initiative coincides with earlier communications from the central bank,…
Arizona state Senator Wendy Rogers has introduced two bills and a resolution aimed at revising the state’s regulations on taxing digital assets.In legislation prefiled with the Arizona Senate on Friday, Rogers proposed changes to state statutes to exempt virtual currency from taxation (SB 1044), prevent counties, cities, and towns from taxing or fining blockchain node operators (SB 1045), and amend the state constitution’s definition of property taxes to clarify regulations around digital assets (SCR 1003).The blockchain node bill may progress through the state legislature, but the crypto tax bill and resolution would need to be voted on by Arizona voters…
In recent days, Bitcoin’s price movements have displayed a pattern of tight consolidation and waning momentum. After bouncing back from a dip towards the $85,000 region last week, Bitcoin has primarily traded between approximately $87,500 and $89,000, encountering difficulties in establishing a consistent trend in either direction. This ongoing uncertainty has prompted technical insights from a crypto analyst known as DrBullZeus, who observed that Bitcoin is currently situated within a well-defined range and might require a significant breakout before the next directional movement is established. Bitcoin Continues To Honor A Well-Defined Range As per the analysis, Bitcoin is still trading…
Bitcoin BTC$88,317.30 and other cryptocurrencies experienced a steady decline during the U.S. session on Monday, with BTC dipping below $88,000 after briefly surpassing $90,000 and ETH falling back under $3,000.Some stocks related to cryptocurrencies continue to show resilience, particularly Hut 8 (HUT), which has gained traction following a recent 15-year AI data center lease with Fluidstack. The stock rose by 16% on Monday, buoyed by an upgraded price target from Benchmark’s Mark Palmer.Other stocks making gains include Coinbase (COIN) and Robinhood (HOOD), though both are significantly off their session highs as crypto prices retract. MicroStrategy (MSTR) shifted from a 3%…
Bitcoin’s 2025 was anticipated as the era of the “supercycle,” driven by unprecedented institutional engagement and a more favorable regulatory landscape from Washington.However, the year is concluding on a markedly different note.As December approaches, the leading digital currency is not on the brink of a new era but is instead grappling with ongoing performance challenges. The earlier rally has diminished, spot prices are declining, and retail participation has waned just as the narrative backing has succumbed to the realities of a correction.Consequently, on-chain data now indicate what analysts are calling a “bear season,” prompted by a structural shortfall in demand…
Coinbase (COIN) announced its agreement to acquire The Clearing Company, aiming to enhance its newly launched prediction market as part of the crypto exchange’s vision to become a comprehensive platform for all trading activities.The Clearing Company, based in San Francisco, is a startup led by Toni Gemayel, who has significant experience in the field, including serving as head of growth at prediction market Kalshi. Financial terms of the acquisition have not been revealed.This deal, expected to finalize in January, coincides with the growing popularity of prediction markets, which now boast a weekly notional volume exceeding $4 billion based on Dune…