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.
The measures give state regulators oversight of exchanges and crypto ATMs, impose strict consumer safeguards, and respond to Illinois’ high ranking in crypto-related fraud losses. At the same time, former Ohio Senator Sherrod Brown, a vocal crypto critic who lost his seat in 2024 after heavy pro-crypto PAC spending, announced a comeback bid for the 2026 elections. His campaign will focus on workers’ rights and economic fairness.Illinois Challenges Trump on CryptoIllinois Governor JB Pritzker sharpened the divide in US crypto policy by using the signing of two new state bills to criticize President Donald Trump’s approach to digital assets. On…
In brief Powerful crypto companies including Coinbase, DCG, Kraken and Paradigm are teaming up with top lobbyists to introduce a new nonprofit focused on educating policymakers about decentralized technologies. As a 501(c)(3), the American Innovation Project (AIP) will enjoy key benefits including tax exempt status and limited liability for operators and participants. By law, however, the group must not “attempt to influence legislation as a substantial part of its activities.” Some of the crypto industry’s most politically connected companies and lobbying groups are creating yet another D.C. organization to further their interests in the nation’s capitol—but this one’s tax exempt. DCG,…
XRP: Trading Sideways with a Warning SignalAccording to crypto analyst DavidTheBuilder, XRP has been oscillating between $2.90 and $3.40, showing no decisive breakout in either direction. This range-bound behavior reflects a period of market indecision. Source: DavidTheBuilderNotably, a red flag is flashing on the weekly charts because of the emergence of a bearish divergence. XRP is pushing higher highs while the relative strength index (RSI) slips into lower highs, a textbook warning that bullish momentum is weakening.Why This Setup MattersThis isn’t the first time XRP has exhibited such a divergence. The last occurrence, back in late 2020, preceded a notable pullback,…
Crypto markets have corrected by 7.3% with $340 billion leaving the space since their all-time high on August 14. Bitcoin has led the losses, retreating 7.5% from its peak price, while Ethereum has lost 10% from its 2025 high, having failed to notch a new peak. “Remarkable how every time you get a correction from new highs, so many people start to fret about the cycle top,” observed analyst and economist Alex Krüger on Tuesday. Krüger is among many analysts and industry observers who have recently opined that the four-year crypto market cycle is a thing of the past. Is…
What percentage of Bitcoin is owned by BlackRock? BlackRock’s entry into the Bitcoin market through the iShares Bitcoin Trust (IBIT) has marked a new era in institutional Bitcoin accumulation.Since its launch on Jan. 11, 2024, IBIT has grown at a pace that few expected, and no other ETF has matched. As of June 10, 2025, BlackRock holds over 662,500 BTC, accounting for more than 3% of Bitcoin’s total supply. At today’s prices, that’s $72.4 billion in Bitcoin exposure, a staggering figure by any measure.For comparison, it took SPDR Gold Shares (GLD) over 1,600 trading days to reach $70 billion in…
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and…
Decentralized ad platform Alkimi goes live today on the Sui Network, rebranding its token from ADS to ALKIMI, and bringing the entire digital ad supply chain fully onchain. Summary Alkimi migrates to Sui, leveraging the full Mysten Labs tech stack to process, verify, and secure ad transactions without intermediaries. The ADS token is swapped 1:1 for ALKIMI, with KuCoin and MEXC temporarily pausing trading; Kraken plans to list ALKIMI soon. ALKIMI functions as a revenue-sharing, governance, and utility token, turning advertising transactions into yield for holders through the AdFi ecosystem. Alkimi, the decentralized advertising platform, is going live today, August…
Gemini’s long-awaited IPO filing drew fresh attention to payments giant Ripple, with the exchange disclosing a $75 million credit line from the company alongside a steep financial loss.In documents submitted to the U.S. Securities and Exchange Commission (SEC) on Aug. 15, Gemini revealed a $282.5 million net loss for the first half, an almost seven-fold increase from the $41.4 million shortfall a year earlier. Revenue fell to $67.9 million from $74.3 million. The filing puts Gemini, which plans to use the ticker “GEMI” on Nasdaq, in line to become the third crypto exchange to trade publicly in the U.S. after…
South Korea’s Financial Services Commission (FSC) has ordered exchanges to suspend new crypto lending products until formal guidelines are in place, citing mounting risks to users and market stability.Regulators pointed to a recent incident at Bithumb where more than 27,000 customers tapped lending services in June, with 13% forced into liquidation after collateral values swung against them.The move by the FSC comes days after analysts at Galaxy Digital published a report where they flagged the growing amount of leverage in crypto markets as a concern.The administrative guidance, from the FSC allows existing loans to run their course but bars the…
Market breadth, a key indicator used to understand the overall health of a market or an index, indicates that both the crypto market and Wall Street’s tech-heavy index, the Nasdaq, are experiencing short-term weakness within a long-term uptrend.Breadth is typically measured by comparing the number of advancing stocks or cryptocurrencies to those declining. Traders also analyze the number of assets trading above or below key moving averages—such as the 50-day and 200-day SMAs—to assess both short-term and long-term market trends. This article focuses specifically on these moving average-based breadth indicators.As of writing, 63 of the top 100 cryptocurrencies by market…