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.
Bitcoin surged past $117,000 in the early hours of trading today, reaching its highest point since early August, as traders adjusted in anticipation of the Federal Reserve’s interest rate decision.The results from the Federal Open Market Committee (FOMC) meeting scheduled for later today are set to shape the risk environment for the rest of the year.Market sentiment toward a more accommodative monetary policy has propelled this recent surge.A report from Bitwise indicates that recent softer US inflation data has led futures markets to fully account for a quarter-point rate reduction, with a nearly 93% probability that total cuts will reach…
Bitcoin (BTC) surged to its highest level since August 22 on Wednesday, hitting $117,300 before settling at $116,400.Much of the enthusiasm on Wednesday is still pending, dependent on the Federal Reserve’s interest-rate decision at 18:00 UTC and the following press conference. A 25 basis point rate cut is anticipated, The initial movement was noteworthy as it coincided with a significant “CME gap,” the difference between bitcoin futures’ closing on Friday and opening on Sunday.With that gap now addressed, bitcoin might begin consolidating in a range above critical support levels at $110,000, likely resulting in increased capital flow into altcoins.As indicated…
Forward Industries, a Nasdaq-listed company, has initiated an at-the-market (ATM) equity offering program of up to $4 billion, providing the company with the flexibility to issue shares over time to bolster its treasury strategy focused on Solana.On Wednesday, Forward Industries announced that this program will facilitate the issuance and sale of common stock via sales agent Cantor Fitzgerald.This offering is in conjunction with an automatic shelf registration statement filed with the US Securities and Exchange Commission (SEC), which allows larger publicly traded companies to expeditiously raise capital with greater flexibility.While the total amount is set at $4 billion, the company…
Bullish (BLSH), the parent company of CoinDesk, has obtained a highly sought-after BitLicense from the New York State Department of Financial Services (NYDFS). This important regulatory approval enables the institutional digital asset platform to provide spot trading and custody services to clients in New York, according to a press release issued on Wednesday.The BitLicense, also referred to as a Virtual Currency Business Activity License, is regarded as one of the most stringent state-level crypto accreditations in the U.S.With this license, Bullish’s U.S. entity, Bullish US Operations LLC, is now positioned to serve institutional clients and sophisticated traders in the nation’s…
Forward Industries, a Nasdaq-listed firm, has initiated an at-the-market (ATM) equity offering program with a potential value of up to $4 billion. This initiative offers the company the flexibility to gradually sell shares as part of its strategy focused on Solana. On Wednesday, Forward Industries announced that the program enables the issuance and sale of common stock via sales agent Cantor Fitzgerald. This offering operates under an automatic shelf registration statement with the US Securities and Exchange Commission (SEC), allowing large, publicly traded companies to raise capital quickly and flexibly. Although the total offering amount is $4 billion, the company stated that actual…
Key takeaways:Ether in the unstaking queue reaches a record $12 billion, with a 44-day waiting period.Strategic reserves and ETF holdings have increased by 116% since July 1, easing concerns about a potential sell-off of ETH.The quantity of Ether (ETH) in the unstaking queue has risen to an all-time high, as investors seem inclined to realize annual profits.Ether’s exit queue reaches an unprecedented $12B ETHLast week, Ethereum’s exit queue exceeded 2.6 million ETH valued at $12 billion, accompanied by a 44-day wait time.This signifies the most substantial quantity of Ether awaiting withdrawal by the network’s validators, who are crucial for adding…
Following a rocky beginning to September, Bitcoin continues to trade just above $115,000, with indicators of sell pressure suggesting a potential accumulation phase. Summary Bitcoin’s price is stabilizing above $115K after a short decline, as sell pressure appears to be easing. Accumulation is gaining momentum, indicating that stronger investors are absorbing supply in anticipation of the next move. Key resistance is at $117K — a breakout could pave the way to $124K, while failure may lead to a retest of lower support levels. Currently, Bitcoin is trading at $115,954, reflecting a 0.5% decrease from the previous day. The weekly range…
By Francisco Rodrigues (All times ET unless indicated otherwise)Global markets are at a standstill as investors await the Federal Reserve’s latest policy update, set to occur later today. It is widely expected that the Fed will lower interest rates by 25 basis points. Attention will focus on Chair Jerome Powell for indications of future policy directions.The cryptocurrency market reflects this caution. In the past 24 hours, the CoinDesk 20 (CD20) index remains mostly unchanged, up by a mere 0.2%, while bitcoin (BTC) has risen about 1%. Gold, which surged to an all-time high of $3,700 this week, has dropped 0.5%.…
The Federal Reserve is set to announce its rate cut decision shortly, leading traders to speculate whether the adjustment will be 25 basis points, 50, or none at all. This uncertainty has sparked mixed feelings in the market, but three altcoins have emerged as key players ahead of the event. Each of these assets is experiencing significant inflows from major holders while establishing bullish chart patterns that could signal the next upward movement. Clearpool (CPOOL) Clearpool, a lending project focusing on RWA, is currently priced at $0.155 — down 1.2% in the last week and 12% over the month, but…
Metaplanet, a Japanese hospitality and real estate enterprise that has shifted focus to Bitcoin treasury management, is enhancing its cryptocurrency approach by launching two new subsidiaries, one in the United States and another in Japan.In a Wednesday tweet on X, the Tokyo-based company announced the creation of Metaplanet Income Corp., a fully owned subsidiary in Miami with an initial capital investment of $15 million, as per its disclosure.This subsidiary will focus on generating income from Bitcoin (BTC) and engage in derivatives trading, establishing a clear division between Metaplanet’s core BTC assets and its revenue-generating activities.Management of the subsidiary will include…