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.
RedotPay, a stablecoin payment provider, has successfully raised $107 million in a Series B funding round, bringing its total funding for 2025 to $194 million.The funding round was spearheaded by Goodwater Capital, with additional support from Pantera Capital, Blockchain Capital, and Circle Ventures, as well as ongoing investment from existing backers like HSG.Headquartered in Hong Kong, RedotPay specializes in stablecoin payment solutions, offering a card that allows users to spend digital assets, stablecoin-based systems for cross-border transfers, and services for accessing and storing stablecoins through multicurrency accounts and a peer-to-peer marketplace.The company boasts over 6 million registered users across more…
XRP (XRP) is experiencing renewed downward pressure as derivatives activity and on-chain positioning weaken throughout December. These indicators suggest a market still in risk-averse mode, even as the price remains close to significant technical support around $2.00.Key takeaways:The taker buy volume for XRP futures on Binance has decreased by 95.7% since July, reflecting reduced demand.XRP’s Estimated Leverage Ratio (ELR) has dropped to 0.18, indicating widespread deleveraging and lower speculative risk.Negative cumulative volume delta is observed across retail, mid-size, and large wallets throughout December, confirming substantial selling pressure. XRP one-day chart. Source: Cointelegraph/TradingViewXRP futures demand collapses as liquidity dries upAccording to…
Asset management firm Bitwise has published a new report asserting that bitcoin is set to diverge from its traditional four-year market cycle, with expectations of reaching new all-time highs in 2026, while also becoming less volatile and more distanced from stock market correlations. Matt Hougan, Bitwise’s Chief Investment Officer, outlined three key predictions he believes are crucial for crypto investors: the conclusion of the four-year market cycle, ongoing reduction in volatility, and a decreasing correlation between BTC and conventional stock markets. The four-year cycle is ‘substantially weakened’ Historically, bitcoin has adhered to a four-year cycle tied to the halving event,…
As researchers in quantum computing celebrate significant advancements, Web3’s asset base, valued at $4 trillion, is confronted with a critical challenge. Last December, Google revealed that their quantum Willow chip executed a computation in under five minutes—something that would require a top-tier supercomputer ten septillion years (approximately 100 trillion times the age of our universe) to accomplish. Fields like drug discovery, materials science, financial modeling, and optimization will thrive in this new era of quantum computing. However, current encryption methods, which depend on complex mathematical puzzles that classical computers find insurmountable, may be easily compromised by quantum technology.In the realm…
XRP (XRP) is experiencing increased downside pressure as derivatives activity and on-chain positioning decline throughout December. These indicators suggest a market still in risk-off mode, even as price stabilizes near a crucial technical support around $2.00.Key takeaways:XRP futures taker buy volume on Binance has dropped by 95.7% since July, reflecting diminished demand.XRP’s Estimated Leverage Ratio (ELR) has decreased to 0.18, representing widespread deleveraging and lower speculative risk.Retail, mid-sized, and large wallets are all exhibiting negative cumulative volume delta through December, confirming widespread selling pressure. XRP one-day chart. Source: Cointelegraph/TradingViewXRP futures demand plummets as liquidity driesData from CryptoQuant revealed that XRP’s…
CoinDesk Indices provides its daily market update, showcasing the leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently valued at 2734.85, reflecting a 1.7% increase (+46.14) since 4 p.m. ET on Monday.Eighteen out of the 20 assets are experiencing upward movement.Top performers: SUI (+3.9%) and AAVE (+3.9%).Underperformers: AVAX (-1.4%) and CRO (-0.4%).The CoinDesk 20 is a comprehensive index traded across various platforms in multiple regions worldwide.
The monthly Global Fund Manager Survey from Bank of America has long been a key indicator on Wall Street, known for its ability to highlight sentiment extremes that typically signal significant market reversals.In fact, the most recent report, issued on Tuesday, reveals that professional investor sentiment is at its highest level in years. A crucial data point from the survey indicates that cash levels among fund managers have fallen to just 3.3%—the lowest recorded in the survey’s history—signifying a strong commitment to risk-taking by professional investors.This shift coincides with a broader trend towards equities and commodities. According to the survey,…
Kindly MD, a Bitcoin treasury firm, has received a notice from Nasdaq after its shares traded below the $1 minimum bid price for 30 consecutive business days, initiating a six-month period to regain compliance or face potential delisting.This notice, issued on Wednesday, does not immediately impact trading but allows the company until June 8, 2026, to increase its share price above $1 for at least 10 consecutive trading days, per a regulatory filing from the SEC.If the company does not regain compliance within the initial 180 days, it may request an additional extension by transferring its listing to the Nasdaq…
By 2025, gold has established itself as the leading asset, achieving returns exceeding 50%, marking one of its most impressive performances in over ten years. The precious metal became the clear frontrunner in what analysts referred to as the “debasement trade,” a term that resonated with growing investor concerns around global debt levels, rampant borrowing, and a weakening U.S. dollar, which recorded its worst performance in years. By October, gold’s surge hit record levels, nearly reaching $4,400 an ounce, and has since settled around the $4,000-per-ounce mark.This feature is part of CoinDesk’s Most Influential 2025 list.This context has affirmed long-held…
On Tuesday, Coinbase’s stock price increased by 1.4% as investors anticipated the launch of the predictions market. Summary Coinbase’s stock price has shown a death cross pattern on the daily chart. The company is set to reveal the predictions market launch today. Base, its layer-2 network, will also make an announcement today. Coinbase shares were trading at $252.70, close to its lowest point since December 1, falling over 43% from its peak this year. Its market capitalization has declined from more than $90 billion in July to $68 billion today. In recent months, Coinbase’s stock has dropped significantly due to…