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.
This week is relatively quiet in anticipation of the year-end holidays, with minimal events related to crypto.The major highlight is the Uniswap governance vote regarding a proposal named UNIfication. If approved, it will initiate protocol fees, eliminate 100 million UNI tokens from the treasury, and align the operations of Uniswap Labs and Uniswap Foundation more closely. The voting has begun and will conclude on Thursday. Initial results indicate strong support for these changes. Uniswap stands as the largest decentralized exchange on the Ethereum blockchain.On the economic side, the third-quarter U.S. GDP and a second estimation of PCE inflation are expected…
The ongoing discussion regarding how, or if, Uniswap should provide value to UNI holders is nearing a conclusion.The “UNIfication” proposal has achieved quorum, garnering over 69 million UNI tokens in support with minimal opposition as of Monday. Voting will continue until December 25, but the current margin indicates a mostly settled outcome.Central to this proposal is a long-awaited change for UNI holders: the activation of the protocol “fee switch.”This change would allocate a portion of trading fees — approximately one-sixth — to a protocol-controlled pool. These fees would then be utilized to burn UNI tokens, thereby decreasing supply as trading…
On Monday, Metaplanet approved a significant revamp of its capital structure, enabling Japan’s largest corporate Bitcoin holder to raise funds via dividend-paying preferred shares aimed at institutional investors. Five proposals were endorsed by investors, which together enhance Metaplanet’s capability to issue preferred shares, introduce new dividend mechanisms, and permit participation from foreign institutional capital, stated Dylan LeClair, the firm’s Bitcoin strategy director. The measures approved include reclassifying capital reserves to facilitate preferred share dividends and potential buybacks, doubling the authorized Class A and Class B preferred shares, and modifying dividend structures to allow for floating and periodic payouts. Moreover, Metaplanet…
Hong Kong is strategizing to unlock a multi-billion dollar pool of capital for digital assets and associated infrastructure, which could signify a pivotal moment for institutional crypto acceptance in Asia.The Hong Kong Insurance Authority (IA) is suggesting new regulations that would enable the city’s 158 licensed insurers to invest in assets, including cryptocurrencies, based on a presentation dated December 4 obtained by Bloomberg.While the plan points to a thaw in institutional attitudes toward crypto, the regulatory body remains cautious with a conservative risk framework. Insurers would be required to reserve a dollar for every dollar invested in crypto, enforcing a…
Supporters of Bitcoin are advising holders against hastily exchanging BTC for gold, even as the price of gold surpasses $4,000 per ounce. Market educator Matthew Kratter emphasizes that Bitcoin’s advantages—such as ease of transfer, defined supply rules, and divisibility—render it a more robust long-term store of value than gold. Related Reading Concerns About Gold Supply Kratter points to consistent increases in the supply of gold, estimating an annual rise of around 1% to 2% for decades. At this growth rate, supplies could approximately double every 47 years. This steady increase, he notes, could be exacerbated by significant new discoveries—on land…
Bitcoin hovered around $88,800 on Monday as global markets regained their risk appetite following record highs in gold and positive movements across Asian equities.Ether surged back above $3,000, with XRP, Solana, and Dogecoin also experiencing slight increases after a turbulent period that saw drastic fluctuations in crypto prices, disconnected from stocks and commodities.This more stable sentiment emerged as gold reached an all-time high of over $4,380 per ounce, spurred by rising expectations that the Federal Reserve may implement further rate cuts in 2026.The metal is on track for its best yearly performance since 1979, bolstered by central bank purchases and…
Dogecoin experienced a slight decline over the last 24 hours as selling pressure drove the token below a crucial support level around $0.129, with high volume validating a breakdown from its recent consolidation zone.Market OverviewDOGE fell approximately 0.3% over the 24-hour period ending Dec. 22, dropping from $0.1309 to $0.1305 after failing to maintain support that had held for several sessions.Despite the modest percentage change, intraday volatility spiked to about 4%, indicating heightened sensitivity at nearby technical levels.Trading activity surged during the session. Overall volume rose significantly, with turnover climbing well above recent averages as prices fluctuated around the upper…
Binance, the top cryptocurrency exchange by trading volume, has now enabled users to earn a passive-like income through ether options, a strategy previously reserved for professionals.The exchange revealed in a press release shared with CoinDesk that users can write (sell) ether options, allowing them to manage risk effectively while generating additional income. This move comes in response to the growing demand from both retail and institutional investors for advanced derivative trading tools.This announcement builds on Binance’s efforts to democratize bitcoin BTC$88,122.79 options writing and reflects the significant demand for BTC, ETH, and ETF-based instruments.There is a clear institutional interest in…
XRP experienced a breakdown from a prolonged consolidation late Saturday, dropping below the $1.93 support level. Increased trading volume confirmed that sellers were dominant, despite the mixed performance in the broader cryptocurrency market.Context of the NewsThis decline occurs amid a general decrease in risk appetite within the crypto space, with Bitcoin finding it tough to maintain recent gains and major altcoins seeing selective selling pressure rather than widespread capitulation.Experts have observed that XRP has been particularly susceptible after falling below the $2.00 mark earlier this month, as multiple rebound attempts failed to garner sustainable interest.Data from Glassnode highlights that below…
Traders of Bitcoin (BTC) anticipated a short-term rebound as a key BTC price indicator dropped to its lowest point in nearly three years. Data from Cointelegraph Markets Pro and TradingView showed that the BTC/USD relative strength index (RSI) reached extremely “oversold” conditions.Highlights:Bitcoin’s RSI, historically associated with significant BTC price increases, indicates a potential price reversal in the near term.Bitcoin’s network value-to-transaction ratio suggests it is undervalued at its current price.BTC price dip lowers RSI back to 2023 levelsBitcoin’s 36% decline to $80,500 on November 21 from its all-time high of $126,000 has notably affected the high-time frame RSI.Related: Bitcoin rebounds…