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.
Spot XRP (XRP) exchange-traded funds have continued to pique investor interest, amassing nearly $1 billion in inflows since their inception. Unfortunately, this momentum did not enable bulls to maintain the price above the critical $2 support level. Key takeaways:Spot XRP ETFs have experienced inflows for 20 consecutive days, totaling $1.2 billion.The XRP price has extended its downtrend, dipping below a pivotal moving support level.Spot XRP ETFs amass $1 billion within three weeksUS-based spot XRP ETFs have recorded inflows for 20 straight days, highlighting institutional demand for the asset native to the network.According to data from SoSoValue, XRP ETFs added $20.2…
Good Morning, Asia. Here’s the latest in market news:Welcome to Asia Morning Briefing, your daily recap of key stories during U.S. hours, along with market movements and analysis. For an in-depth look at U.S. markets, check out CoinDesk’s Crypto Daybook Americas.As we approach the year’s end with many Hong Kong desks running on limited staff due to the Christmas holidays, cryptocurrency markets are transitioning from a momentum phase to one focused on results. A notable year-end assessment is emerging from Polymarket, where traders now estimate only a 2% likelihood that Bitcoin ETFs will surpass last year’s inflow record in 2025.This assessment…
US President Donald Trump has announced plans to reconsider the case of convicted Samourai Wallet developer Keonne Rodriguez, suggesting he may look into the possibility of a pardon.Samourai Wallet’s co-founders, Rodriguez and William Lonergan Hill, were sentenced on November 19 to five and four years in prison, respectively, due to their roles in the cryptocurrency mixing service.“I’ve heard about it, I’ll look at it,” Trump stated when queried about the situation at a press conference concerning the Mexican border at the White House on Monday.“Alright, let’s take a look at it. You know, you’ll have to inform me. I’m not…
Anchorage Digital, a federally chartered digital asset bank, has acquired Securitize’s investment adviser platform as it aims to broaden its presence among institutional investors amid the increasing adoption of digital assets.Anchorage announced on Monday that it has finalized the acquisition of Securitize For Advisors (SFA), a lesser-known unit of Securitize, which is primarily recognized for its role in tokenizing real-world assets. Financial terms of the transaction were not disclosed.SFA is tailored for registered investment advisers (RIAs); prior to the acquisition, it was already utilizing Anchorage for the custody of client assets. By bringing the adviser platform into its fold, Anchorage…
Bitcoin (BTC) dropped below $87,000 following the Wall Street open on Monday as sellers liquidated $200 million of BTC longs.Key points:Bitcoin dipped to $86,625, with a wave of selling coinciding with Wall Street’s return.Market consensus suggests new lows are likely before recovery can occur.Strategy reveals an additional purchase of 10,000 BTC, this time at prices exceeding $92,000.Bitcoin longs face the consequences as market declines rapidlyData from Cointelegraph Markets Pro and TradingView showed a tumultuous start to the US trading week. BTC/USD one-hour chart. Source: Cointelegraph/TradingViewSell pressure surged at the opening bell, with analysts pointing to Binance and Wintermute as significant…
Todays highlights: Capitalize on fluctuations in the crypto market, with $527M in liquidations recorded over 24 hours, indicating increased caution among traders. As liquidity tightens and AI debt concerns rise, traders are moving away from riskier assets, which is leading to a market correction. The cryptocurrency market experienced a correction on Monday, with Bitcoin (BTC) revisiting the $85,000 mark and Ether (ETH) falling to $2,900. Traders adopted a more conservative approach following a survey that indicated deteriorating economic conditions in the United States and shifts in expectations regarding the selection of the next US Federal Reserve Chair. US 5-year Treasury…
Key insights:Capitalizing on fluctuations in the crypto market, with $527M in liquidations over the past 24 hours, indicates increasing caution among traders.Stricter liquidity and escalating AI debt threats are prompting traders to pull back from riskier assets, leading to a market correction.The cryptocurrency market experienced a downturn on Monday, with Bitcoin (BTC) revisiting the $85,000 mark and Ether (ETH) falling to $2,900. Traders have turned more risk-averse following a survey revealing deteriorating economic conditions in the United States and shifts in investor sentiment regarding potential candidates for the next US Federal Reserve Chair. US 5-year Treasury (left) vs. Total crypto…
NOT FOR PUBLICATION – EMBARGOED TILL 8PM ET DEC 15 Startale Group has entered into a memorandum of understanding with SBI Holdings to create a fully regulated, yen-backed stablecoin designed for global transactions and institutional use, according to a Monday press release.This collaboration combines Startale’s blockchain expertise, including its Soneium network, with SBI’s extensive presence as one of Japan’s major financial institutions, aiming to capture part of a $300 billion stablecoin market that is primarily led by dollar-pegged tokens.Issuance and redemption will be managed by Shinsei Trust & Banking, with SBI VC Trade overseeing circulation as a licensed crypto asset…
Key takeaways:Capitalize on recent crypto market changes, with $527M in liquidations over 24 hours indicating increased trader caution.Decreased liquidity and rising AI debt concerns lead traders to exit risky assets, contributing to a market downturn.The cryptocurrency market experienced a downturn on Monday, with Bitcoin (BTC) revisiting the $85,000 mark and Ether (ETH) falling to $2,900. Traders grew more risk-averse following a survey that highlighted deteriorating economic conditions in the U.S. and shifts in investor expectations regarding the potential next US Federal Reserve Chair. US 5-year Treasury (left) vs. Total crypto capitalization, USD. Source: TradingViewThe robustness of the US 5-year Treasury…
Key takeaways: Capitalize on the crypto market fluctuations, with $527M in liquidations over 24 hours, indicating increased caution among traders. Reduced liquidity and escalating AI debt concerns prompt traders to move away from high-risk assets, contributing to a market adjustment. The cryptocurrency market experienced a correction on Monday, with Bitcoin (BTC) revisiting the $85,000 mark and Ether (ETH) declining to $2,900. Traders displayed heightened risk aversion following a survey revealing deteriorating economic conditions in the United States and shifts in investor sentiment towards potential candidates for the next US Federal Reserve Chair. US 5-year Treasury (left) vs. Total crypto capitalization,…