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.
Custodia, a crypto bank located in Wyoming, has submitted a new petition as part of its ongoing legal dispute with the Federal Reserve, seeking a rehearing en banc from the entire Tenth Circuit Court of Appeals regarding its request for a master account.The bank is appealing the court’s October decision, which favored the Fed by denying access to essential central bank payment services, a case that is becoming pivotal for crypto banking’s entry into the U.S. payments network.In its en banc rehearing petition filed on December 15, Custodia calls on all active judges of the court, rather than just the…
Spain’s national securities regulator, the Comisión Nacional del Mercado de Valores (CNMV), has released a comprehensive Q&A detailing its approach to implementing the European Union’s Markets in Crypto-Assets Regulation (MiCA).The document outlines expectations for crypto companies regarding authorizations, notifications, operational conduct, and the transitional regime, guiding platforms toward a decisive “comply or exit” stance as MiCA is enacted.This action aligns Spain with other EU nations, like Italy, that are actively utilizing MiCA’s transitional provisions instead of allowing prolonged regulatory ambiguity.CNMV clarifies MiCA approvalsCNMV’s MiCA FAQ assists crypto-asset service providers (CASPs) by answering key questions related to obtaining authorization in Spain,…
By Omkar Godbole (All times ET unless indicated otherwise)Crypto traders should prepare for possible volatility as the crucial U.S. nonfarm payroll report for November is expected to be released later today, along with October retail sales.The employment statistics will provide additional insight into the degree of cooling in the U.S. labor market, influencing expectations regarding the Fed’s rate-cutting path.”A disappointing NFP report could bolster the perception that the U.S. economy is noticeably slowing, thereby enhancing expectations for more aggressive monetary easing,” said Linh Tran, a senior market analyst at XS.com, via email.Lower interest rates imply that weak data could stimulate…
The Financial Conduct Authority (FCA) in the United Kingdom has initiated a series of consultations regarding proposed rules for digital asset markets, signifying the next step in the government’s initiative to create a robust regulatory framework for crypto assets.The proposals, published in three consultation papers, address crypto trading platforms, intermediaries, staking, lending and borrowing, market abuse, disclosures, and decentralized finance (DeFi). The FCA indicated that responses to the consultation will be accepted until February 12, 2026.The regulator emphasized that these proposals are designed to foster innovation while ensuring that consumers are aware of the risks related to crypto investments. It…
The cryptocurrency market struggled to rebound after Monday’s sell-off. Bitcoin BTC$87,070.70 is trading 4% lower at $86,100, while ether has fallen back below $3,000 after a 6.7% decline in 24 hours.This downturn pushed the CoinDesk 20 Index down by 4.3%, with all index constituents experiencing losses, coinciding with declines in traditional markets. The Nasdaq Composite dropped for a second consecutive day on Monday, losing 2.6%, amid worries about a potential AI bubble and weak employment data. The U.S. is expected to release labor market statistics, including November’s nonfarm payrolls figure, later on Tuesday.”Consensus forecasts indicate around 50,000 new jobs were…
For our team, this marks not just the loss of a respected builder in the Web3 space but the departure of a close and trusted partner. Together, we worked diligently on enhancing validator infrastructure and staking systems within the Solana ecosystem as part of the CTDG initiative.The Web3 community has lost a builder whose contributions are worthy of clear acknowledgment and gratitude.His absence is felt deeply, both in our professional collaborations and personal connections—the projects we tackled, the decisions we shaped, and the enduring systems we developed.Alexander Ray was more than just an engineer, founder, or protocol architect. His work…
StraitsX, based in Singapore, intends to launch its Singapore dollar-backed XSGD and US dollar-backed XUSD on the Solana blockchain by early 2026.This initiative, announced in partnership with the Solana Foundation, will enable users to conduct transactions with Singapore dollar- and US dollar-backed stablecoins utilizing Solana’s rapid, cost-effective infrastructure, the issuer indicated in a recent blog post.“The launch of XSGD and XUSD on Solana is set to be transformative. It brings together CEX support, AMM liquidity, lending pools, and daily payments on a single high-performance chain,” stated Tianwei Liu, co-founder and CEO of StraitsX.StraitsX noted that this expansion aims to meet…
Long-term holders of Bitcoin (BTC) have continued to decrease their BTC holdings, reaching the lowest levels since April.Key takeaways:Bitcoin long-term holders have cut their supply to 72%, the lowest since April.The BTC price may face a significant correction to $68,500 if critical support levels fail.Bitcoin long-term holder supply drops to April levelsLong-term holders (LTHs)—those who have held Bitcoin for at least 155 days—have decreased their holdings to 14.3 million BTC in December from 14.8 million BTC in mid-July, according to Glassnode data. This reduction has brought the percentage of supply held by these investors down to 71.92%, a level last observed…
Earlier today, Bitcoin’s price neared the $85,000 support level due to heightened liquidations in anticipation of U.S. jobs data being released later today. Summary Bitcoin’s price dropped over 4% on Tuesday, retesting the $85k support level multiple times. More than $169 million in long positions were liquidated from the Bitcoin Futures market. As reported by crypto.news, Bitcoin (BTC) plummeted from over $89,000 yesterday to a low of $85,427 today, before slightly rebounding to $85,798 at press time, marking a daily decline of 4.2%. At this level, it is down 9.3% from the peak last Thursday and nearly 32% lower than…
Long-term holders of Bitcoin (BTC) are continuing to decrease their exposure, resulting in the lowest holdings since April.Key takeaways:Long-term holders have reduced their supply to 72%, the lowest since April.The BTC price may face a deeper correction towards $68,500 if critical support levels are compromised.Long-term holder supply of Bitcoin drops to April levelsEntities that have held Bitcoin for no less than 155 days have decreased their holdings to 14.3 million BTC in December, down from 14.8 million BTC in mid-July, according to data from Glassnode.This has led to a supply percentage held by these investors dropping to 71.92%, a figure…