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 and Ethereum surged past crucial technical benchmarks on Friday, following increases in Asian stocks after the Bank of Japan elevated interest rates to their highest level in thirty years. Additionally, easing inflation data from the U.S. rekindled interest in risk assets.During Asian trading, Bitcoin surpassed $87,000, while Ethereum also gained alongside overall market momentum, as investors shifted focus from the BOJ’s anticipated decision to improving global financial conditions.Cardano’s ADA, Solana’s SOL, DOGE$0.1265, BNB BNB$843.43 and XRP$1.8521 experienced increases of up to 3%, with the overall CoinDesk 20 index also rising by 2%.This upward shift followed a tumultuous, yet relatively…
The US Senate has confirmed crypto-friendly attorney Mike Selig as the new chair of the Commodity Futures Trading Commission and has appointed Travis Hill as chair of the Federal Deposit Insurance Corp.These confirmations were part of a package that included nearly 100 other nominees selected by the Trump administration for various government roles, passing the Senate with a 53-43 vote on Thursday.Selig, who has prior experience at the CFTC and the Securities and Exchange Commission, vowed to prioritize crypto upon his nomination in October after succeeding Brian Quintenz.In the meantime, Hill has been serving as the acting chairman of the…
Key InsightsLibya’s low-cost, subsidized electricity has made it feasible to operate even older and less efficient Bitcoin miners.At its peak, Libya is estimated to have contributed approximately 0.6% to the global Bitcoin hash rate.Mining exists in a legal grey area, with hardware imports prohibited but no definitive laws outlining the legality of mining itself.Authorities now associate illegal mining operations with power shortages and are intensifying raids and legal actions.In November 2025, Libyan prosecutors discreetly sentenced nine individuals to three years in prison for operating Bitcoin miners within a steel factory located in the coastal city of Zliten.The court mandated the…
XRP rose 4.26% to $1.85 on Wednesday, showing a strong recovery from early losses despite overall participation remaining low.News backgroundSentiment towards XRP got a slight boost after VivoPower announced a collaboration with Lean Ventures to acquire equity in Ripple Labs, indirectly linking to nearly $1 billion worth of XRP.The joint venture plans to raise up to $300 million in Ripple shares for institutional and qualified retail investors in South Korea, with VivoPower aiming for around $75 million in management and performance fees over three years.Although this deal does not involve direct XRP purchases, it highlights institutional interest in Ripple-associated assets…
Recent data indicates a divergence in the Funding Rate indicator for Bitcoin and Ethereum, with traders favoring long positions on BTC and short ones on ETH. Divergent Funding Rates for Bitcoin & Ethereum In a recent post on X, the on-chain analytics firm Santiment discussed the evolution of the Funding Rate for both Bitcoin and Ethereum amidst recent market fluctuations. Related Reading Bitcoin and several other cryptocurrencies experienced significant price changes in the last 24 hours. BTC’s price quickly surged to $90,300, only to drop back to around $86,000 just as rapidly, with further declines pulling it down to $85,300.…
Intercontinental Exchange (ICE), the owner of the New York Stock Exchange (NYSE), is in discussions to invest in the crypto payments company MoonPay as part of its latest funding round.MoonPay aims to raise funds at a valuation of $5 billion, according to Bloomberg, which cited sources familiar with the matter and did not reveal the potential investment amount.In October, ICE invested $2 billion in the prediction platform Polymarket, which increased the company’s valuation to $9 billion.MoonPay is a fintech firm that facilitates buying, selling, and using cryptocurrencies through fiat on-ramps and off-ramps. Established in 2019, it allows users to purchase…
Bitcoin is currently trading just above $85,000, showing little reaction to the recently released, less-than-expected U.S. inflation figures. Summary Bitcoin is around $85,000 with minimal response to the softer-than-expected U.S. inflation data, as $504M in liquidations have impacted the market over the last 24 hours. Notable analysts on X are providing their thoughts on Bitcoin’s current price challenges. Traders are preparing for potential volatility ahead of the Bank of Japan’s announcement, with Bitcoin facing significant resistance at $88K and support holding around $85.4K. Trader insights Crypto analysis expert Ali Martinez points out that Bitcoin remains within a tight range on…
Filecoin FIL$1.2286 has retraced earlier gains, now trading down 1% over the past 24 hours, as the storage token lagged behind the broader cryptocurrency markets.The overall market indicator, the CoinDesk 20 index, was slightly up at the time of publication, showing an increase of 0.2% at 2,662.Trading fluctuations heightened as the session evolved, with FIL recording a $0.08 range that represented 6.4% of its market value, based on CoinDesk Research’s technical analysis.The analysis indicated a peak trading volume of 6.36 million tokens, a 140% increase over the 24-hour average, resulting in a sharp rise from $1.22 to $1.26 before facing…
XRP dipped during a volatile trading session, but this decline was paired with notably high volume — indicating that significant market players were involved despite price struggles at crucial technical levels. News Background Crypto markets experienced sharp fluctuations on Thursday after a weaker-than-anticipated U.S. CPI report, which momentarily pushed Bitcoin above $89,000 during U.S. trading hours. This upward movement, however, quickly receded, with the crypto market once again trailing behind equities, which maintained a solid positive stance throughout the day. The swift turnaround underscored a recurring theme in recent weeks: macro-driven rallies in crypto are failing to maintain momentum as…
Bitcoin developers’ views on quantum computing risks are impacting its price and capital flow, according to industry executives. Adam Back, a cypherpunk and co-founder of Bitcoin infrastructure company Blockstream argued in a series of X posts on Thursday that while it’s beneficial for Bitcoin (BTC) to be “quantum ready,” the threat is still decades away, as the technology is in its “ridiculously early” stages and faces research and development challenges. He predicts there will be no risks in the next decade, asserting that even if some facets of Bitcoin’s encryption were compromised, it does not depend on encryption for its…