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.
Key highlights: Robust demand for US Treasurys and a decreased likelihood of a Fed rate cut suggest that investors are gravitating towards safer assets, leading to diminished interest in Bitcoin. Economic sluggishness in Japan and weaker US employment data exert pressure on Bitcoin, hindering its role as a hedge in the short term. Bitcoin (BTC) has consistently struggled to maintain its position above the $92,000 mark over the last month, causing market participants to formulate various theories regarding its price decline. Some traders suspect market manipulation, while others attribute the downturn to growing apprehensions about the artificial intelligence sector, even…
The Solana Foundation has formed a partnership with Project Eleven, a company focused on post-quantum crypto security, to ready Solana for the impending evolution of quantum computing.As stated in a Tuesday announcement, Project Eleven conducted a comprehensive threat assessment regarding quantum computing on Solana and developed a testnet that utilizes post-quantum digital signatures. The announcement highlighted that this testnet demonstrated “end-to-end quantum-resistant transactions are practical and scalable.”This assertion is significant, considering that post-quantum cryptography is anticipated to be more resource-intensive than traditional options. At the time of publication, Solana had not responded to Cointelegraph’s request for comments, including inquiries about…
Taiwan’s Ministry of Justice retains seized BTC and stablecoins as legislators discuss BTC’s status as a reserve asset and regulators work on a stringent stablecoin framework. Summary Taiwan’s Ministry of Justice oversees 210.45 BTC and approximately NT$1.3 billion in confiscated cryptocurrencies, primarily composed of dollar-pegged stablecoins, as well as ETH, BNB, Tron, and Livepeer. This revelation intensifies a political debate regarding Bitcoin’s classification as a reserve asset, with lawmaker Ko Ju-Chun advocating for its inclusion in national reserves. The central bank and the FSC in Taiwan are advocating for more stringent stablecoin regulations and a VASP law, making the launch…
The Trading and Markets Division of the US Securities and Exchange Commission (SEC) outlined on Wednesday how broker-dealers can hold tokenized stocks and bonds under existing customer protection regulations, indicating that blockchain-based crypto asset securities will be integrated into traditional securities frameworks instead of being classified as a new category.The division stated that it will not object to broker-dealers considering themselves as custodians of crypto asset securities under existing customer protection rules, provided they fulfill a set of operational, security, and governance conditions. This applies solely to crypto securities, including tokenized stocks or bonds.Although the statement is not a formal…
DOT$1.7793 remained stable in the past 24 hours, with the token valued at $1.85.The trading volume for the token was 55% higher than the 30-day average, as significant investments flowed into DOT during this period, according to CoinDesk Research’s technical analysis model.DOT mirrored the overall momentum in the crypto market instead of reacting to specific token news. The broader market indicator, the CoinDesk 20 index, also showed no change over the past 24 hours.The analysis indicated that institutional investors purchased assets at elevated prices.This trend often signals the beginning of sustained upward movements when institutional capital accumulates before retail investors…
The EigenLayer restaking protocol has presented a proposal for a governance shift aimed at implementing new incentives for the EIGEN token, emphasizing active network engagement and the generation of fees.As detailed in a recent blog entry, a primary element of this proposal is the establishment of a fee model that directs revenue from Actively Validated Services (AVS) rewards and EigenCloud services back to holders of EIGEN. AVSs are blockchain-based services that utilize EigenLayer’s security, dependent on staked tokens and operators to maintain integrity and proper functioning.The team asserts that this transition will enhance long-term value accumulation for EIGEN holders and…
Veteran trader Peter Brandt stated that the potential enactment of the US Clarity Act is unlikely to significantly affect Bitcoin’s price, with indications it could pass Congress as early as January.“Is it a world-shaking macro development? Nope. Absolutely necessary, but not something that should redefine value,” Brandt told Cointelegraph on Friday. “Regulating an asset, especially one that dedicated investors preferred to keep unregulated, is not a groundbreaking event,” he continued.His remarks followed White House crypto and AI czar David Sacks’ comments on Thursday, where he stated, “We are closer than ever to passing the landmark crypto market structure legislation.”“We look…
Blockchain network Aptos is advancing toward a post-quantum signature option, acknowledging the rising concern that quantum computing advancements could impact the security of blockchain transactions and accounts.On Thursday, Aptos presented a proposal for the adoption of post-quantum signatures, addressing the network’s dependence on digital signatures for ownership verification, transaction authorization, and overall security.While current cryptographic methods are secure against classical computing attacks, researchers caution that powerful quantum machines may one day undermine them, potentially compromising account security retroactively.“Quantum computing is no longer a distant reality,” Aptos Labs stated in a post on X, citing early quantum scaling discussions by IBM…
The recent fluctuations in the Bitcoin market are largely seen as a wave of selling pressure; however, the underlying data presents a different narrative. On-chain indicators reveal minimal signs of widespread holder distribution, indicating that these pullbacks are not due to investors abandoning their positions. Rather, the decline in price seems to originate from issues within the market structure. Why Structural Weakness Is Often Temporary These Bitcoin downturns aren’t the result of selling pressure; instead, they stem from stablecoin-backed shorts. GlydeGG’s co-founder, Sweep, disclosed on X that when substantial leverage enters the market through dollars or stablecoins, market makers do…
U.S. Senator Cynthia Lummis, recognized as one of the most supportive figures for the crypto industry in Congress, announced she will not run for re-election in a statement on Friday.The freshman senator will step down when her term concludes in January 2027, leaving a Republican position vacant in staunchly conservative Wyoming, while also parting ways with a pivotal advocate for the digital asset sector. Lummis has been the founding chair of the inaugural subcommittee dedicated to cryptocurrency issues within the U.S. Banking Committee, advocating for pro-crypto legislation as a primary focus.Currently, she is among the key participants negotiating the crypto…