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.
Michael Saylor’s Strategy (MSTR) has dropped to its lowest level in nearly four months amid a broader decline in crypto treasury firms, a Bitcoin dip, and after Saylor indicated the company would lower restrictions on issuing more shares.The stock price has fallen 8% since Monday, and the plunge also comes alongside an 8.6% decline in Bitcoin’s (BTC) price since hitting a new all-time high of $124,128 last Thursday. Saylor lowers the threshold for selling MSTR to buy Bitcoin“Strategy today announced an update to its MSTR Equity ATM Guidance to provide greater flexibility in executing our capital markets strategy,” Saylor said in…
BONK, the Solana-based meme token, endured heightened volatility in the last 24 hours, falling 2.9% to $0.00002192. The action was defined by a ceiling at $0.00002308 that sellers repeatedly defended, while downside pressure built steadily, according to CoinDesk Research’s technical analysis data model.Consolidation around $0.00002262 gave way to an advance toward $0.00002306 in the early U.S. afternoon on Monday, establishing the day’s key resistance point. The sharpest bearish momentum unfolded during the early hours of Tuesday, when BONK slipped from $0.00002285 to $0.00002217 between 01:00 and 05:00 UTC. Volumes surged past 600 billion tokens at the 03:00 UTC interval, suggesting…
Cathie Wood’s Ark Invest has increased its exposure to crypto exchange operator Bullish (BLSH), with the ARK Innovation ETF (ARKK) now holding 1,165,397 shares valued at roughly $73.85 million, according to the firm’s latest holdings disclosure.The update comes after Ark added 356,346 Bullish shares to ARKK on Aug. 19, a purchase worth about $21.2 million at the close of trading in New York, when the stock settled at $59.51 at close. The buy builds on Ark’s earlier allocation of more than 2.5 million shares spread across three ETFs on the day of Bullish’s debut.Bullish is the owner of CoinDesk.Ark also…
Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Grab a green tea and watch this space. Today’s highlights: Shenzhen partners with Hong Kong on RWA platform development, India’s tax authority reviews crypto regulations amid industry exodus, plus emerging developments across regional markets driving innovation and policy shifts. Shenzhen State Enterprise Forges Hong Kong Web3 Partnership Shenzhen Longgang Data Company has secured exclusive mainland partnership status with Hong Kong’s Web3.0 Standardization Association. The state-owned big data firm will participate in building the world’s first RWA asset registration platform. This collaboration…
Key takeaways:Bitcoin’s options market signals extreme fear, but historical patterns show potential for significant rebounds.Global economic pressures from US trade tariffs negatively affected traders’ sentiment.Bitcoin (BTC) fell below $113,000 for the first time in over two weeks, surprising traders and triggering the liquidation of $113 million in leveraged long positions. The sharp decline followed the $124,176 all-time high on Thursday, raising questions about whether the bull market is over as the macroeconomic environment grows more uncertain.SEC investigation and corporate AI disappointmentsBitcoin’s price correction accelerated after reports that the United States Securities and Exchange Commission (SEC) is allegedly investigating fraud and…
Bitcoin price is gaining pace below $115,500. BTC is still showing bearish signs and remains at risk of more losses below the $112,000 zone. Bitcoin started a fresh decline below the $116,500 zone. The price is trading below $115,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $115,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $115,500 resistance zone. Bitcoin Price Dips Further Bitcoin price started a fresh decline after a close below the $118,000 level.…
Good Morning, Asia. Here’s what’s making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.As Asia begins its trading day, BTC is down 3% in the past 24 hours, changing hands at $113,000, while Ether is also in the red, down 5.6% to $4,100, extending a week of weakness across majors.The pullback comes despite a continued stream of bullish headlines, underscoring what market observers say is a widening gap between short-term price…
The Federal Reserve’s top regulatory official says staff from the US central bank should be allowed to invest a small amount in crypto to help them understand the technology.Fed vice chair for supervision Michelle Bowman said at a blockchain event in Wyoming on Tuesday that the regulator should consider allowing its staff “to hold de minimus amounts of crypto or other types of digital assets so they can achieve a working understanding of the underlying functionality.”“We will soon be establishing a framework for supervising issuers of these assets,” she added. “There’s no replacement for experimenting and understanding how that ownership…
DEXTools Executes Its Largest Burn to Date: 8 Million $DEXT Removed from Circulation – Chainwire HomeNewsroomDEXTools Executes Its Largest Burn to Date: 8 Million $DEXT Removed from Circulation We use cookies to make Chainwire’s website a better experience. Cookies help us provide a more personalized experience and relevant advertising for you, and web analytics for us. The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user,…
In brief Fed Vice Chair for Supervision Michelle Bowman said staff should be allowed to hold small amounts of crypto to gain practical understanding. Her remarks emphasized blockchain’s potential to reduce friction in asset transfers and called for legal frameworks to evolve in parallel. Legal experts say her comments mark a regulatory shift, though some warn staff holdings could pose conflict-of-interest risks. Federal Reserve Vice Chair for Supervision, Michelle Bowman, told a crypto conference in Jackson Hole on Tuesday that she favors allowing central bank staff to hold small amounts of crypto, an idea that, if formally proposed, could alter…