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.
Japanese financial conglomerate SBI Holdings and Web3 infrastructure company Startale Group have entered into a memorandum of understanding (MoU) to create a fully regulated stablecoin denominated in Japanese yen, aimed at tokenized asset markets and global settlement, as stated in a press release shared with Cointelegraph.According to the MoU, the stablecoin will be issued and redeemed by Shinsei Trust & Banking, a wholly-owned subsidiary of SBI Shinsei Bank. Additionally, SBI VC Trade, a licensed crypto asset exchange service provider, will facilitate the stablecoin’s circulation.Yoshitaka Kitao, representative director, chairman, and president of SBI Holdings, remarked that the issuance of a yen-denominated…
Michael Egorov, the founder of Curve Finance, has proposed a grant of 17.45 million CRV tokens to help foster ecosystem growth, research, and technological advancements for the lending protocol.This grant, valued at approximately $6.6 million at current rates, is set to be awarded to Swiss Stake AG, the company responsible for Curve, following a previous grant issued in late 2024.In a proposal submitted on the Curve DAO governance forum on Sunday, Egorov stated that the funds would be allocated for various technological and security improvements for the lending protocol, as well as to maintain its contributor team.“This grant will facilitate…
The Bank of Canada has indicated that it will only authorize high-quality stablecoins linked to central bank currencies to ensure that they function as “good money” under the forthcoming stablecoin regulations anticipated in 2026.“Our aim is for stablecoins to function like good money, such as bank notes or funds on deposit with banks,” Governor Tiff Macklem stated at the Montreal Chamber of Commerce this past Tuesday.Stablecoins should maintain a 1:1 peg to fiat: MacklemMacklem envisions that stablecoins will be pegged at a one-to-one ratio to a central bank currency and underpinned by “high-quality liquid assets” capable of being swiftly converted…
MetaMask, the cryptocurrency wallet platform, has officially announced that it now supports Bitcoin natively, as per their recent statement. Summary MetaMask has rolled out native support for Bitcoin, enabling users to manage Bitcoin along with Ethereum, Solana, and Sei in one wallet, thereby enhancing its multichain functionality. Support for Bitcoin’s SegWit derivation path is included, with plans to integrate Taproot in an upcoming update. Users can buy, swap, and transfer Bitcoin using various options, though transaction confirmation times are longer compared to other cryptocurrencies. The platform also introduced in-wallet prediction markets in collaboration with Polymarket and launched MetaMask USD, a…
For our team, this marks not just the loss of a respected visionary in the Web3 arena, but the departure of a close confidant with whom we collaborated extensively to enhance validator infrastructure and staking frameworks within the Solana ecosystem under the CTDG initiative.The Web3 community has lost a pioneer whose contributions warrant acknowledgment with clarity and gratitude.His absence resonates with us on both professional and personal levels—reflected in our collaborative efforts, the decisions we jointly influenced, and the long-term systems we constructed together.Alexander Ray was more than just an engineer, founder, or protocol architect. He was an individual whose…
Valour, a subsidiary of the publicly traded digital asset firm DeFi Technologies, has obtained approval to introduce a Solana exchange-traded product (ETP) in Brazil, providing local investors with regulated access to one of the largest cryptocurrencies by market cap as institutional interest in the area continues to grow.The product, Valour Solana (VSOL), is set to commence trading on Wednesday following endorsement from Brazil’s primary stock exchange, Brasil, Bolsa, Balcão (B3 S.A.), as announced by DeFi Technologies on Tuesday.The Solana (SOL) product will complement Valour’s growing array of Brazil-listed ETPs, which already includes offerings for Bitcoin (BTC), Ether (ETH), XRP (XRP),…
Blockchain investigator ZachXBT is advising traders to exercise caution as a new celebrity-backed memecoin featuring rapper Soulja Boy gains traction on social media.Jesse Pollak, a co-founder of Coinbase’s Base network, attracted fresh scrutiny over the weekend after publicly sharing what he characterized as a receipt showing a $1,500 purchase of Ether (ETH) that he invested in the token in a post on X.“Why give SouljaBoy the platform to scam new people,” retorted the pseudonymous blockchain investigator ZachXBT, referencing a research thread from April 2023, detailing six tokens endorsed by the rapper — all of which turned out to be rug…
U.S. Senator Elizabeth Warren, one of the more vocal critics of digital assets in Congress, is seeking clarification from officials in the Justice and Treasury Departments regarding a potential investigation into decentralized crypto exchanges, specifically referencing PancakeSwap and Uniswap.In a letter sent on Monday to Treasury Secretary Scott Bessent and U.S. Attorney General Pam Bondi, Warren inquired whether their departments were “investigating significant national security risks posed by decentralized cryptocurrency exchanges like PancakeSwap.” The Massachusetts senator expressed concerns about “improper political influence” from the Trump administration affecting the selective enforcement of rules on crypto companies, as well as reports of…
Ether (ETH) has fluctuated around $3,000 for the last three weeks, marking a consolidation period after its flash crash to $2,620 on Nov. 21. Ether traders are now assessing the potential for further correction if the support at $2,800 fails.Key takeaways:Ether dipped below $3,000 again due to weak futures demand and aggressive selling from long-term holders. Reducing Ethereum network fees and activity indicate lower on-chain demand.Weak technical setups suggest a decline to $2,300 if the next support level is breached. ETH/USD price chart. Source: Cointelegraph/TradingViewETH price trapped between trendlinesEther’s recent bounce was curtailed by resistance from the 50-day exponential moving average…
Key takeaways: Despite Bitcoin ETF outflows and a 31% decline from its peak, metrics suggest that institutional investors are still committed to Bitcoin. The changing correlation between Bitcoin and gold, along with consistent volatility, indicates that price behaviors are stable despite current market challenges. Bitcoin (BTC) saw a 3% increase on Tuesday after dropping to the $85,000 mark on Monday. The recent rise in outflows from spot Bitcoin exchange-traded funds indicates a potential softening of demand among institutional investors following the crash on October 10. This raises concerns about Bitcoin surpassing the $100,000 mark by the end of the year.…