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.
Highlights:Bitcoin sought a recovery on Monday, but renewed selling pressure could drag the price to $84,000.Multiple altcoins are striving to maintain their support levels, though the bounce is weak.Bitcoin (BTC) attempted to recover on Monday, but bearish sentiment persists. Trader CrypNuevo mentioned in a thread on X that BTC may fluctuate between $80,000 and $99,000, with a break below $80,000 potentially plunging the price to $73,000.In a similar fashion, analyst Aksel Kibar noted that BTC might soon initiate a directional move due to the “extreme low volatility setup.” He anticipates an upswing to $100,000 if the $94,600 level is breached,…
WASHINGTON, D.C. — SEC Chairman Paul Atkins expressed concerns that, without stringent regulations, the federal government could exploit the cryptocurrency sector for extensive surveillance capabilities. He noted that the industry also holds the potential to develop systems that can monitor users for illicit finance protections while preserving their privacy.Atkins commented, “It’s easy to envision a future where government entities, together with various intermediaries, can scrutinize nearly all aspects of an individual’s financial life.” He spoke at a financial surveillance and privacy roundtable held at the SEC’s Washington headquarters, marking the sixth such meeting on cryptocurrency this year.”Regulators may have an…
If there’s one crypto leader whose dedication to bringing the global financial system on-chain has been unwavering since the outset, it’s Sergey Nazarov, co-founder of the decentralized oracle network Chainlink.This piece is part of CoinDesk’s Most Influential 2025 list.Since the formation of Chainlink Labs in 2017, separate from the Chainlink protocol, Nazarov has broadened the network’s purpose from being “just an oracle” for decentralized finance (DeFi) to a comprehensive suite of tools designed to supply nearly every aspect of on-chain finance—from tokenization and cross-chain connectivity to enterprise-level data infrastructure.”Chainlink facilitated over $27 trillion in on-chain transaction value and accounts for…
Spot XRP (XRP) exchange-traded funds have maintained strong investor interest, accumulating nearly $1 billion in inflows since their inception. Unfortunately, this surge hasn’t enabled bulls to keep prices above the vital $2 support level.Key takeaways:Spot XRP ETFs experienced inflows for 20 consecutive days, totaling $1.2 billion.XRP’s price continued its downtrend, falling below an important moving support level.Spot XRP ETFs accumulate $1 billion in inflows over three weeksUS-based spot XRP ETFs have logged inflows for 20 straight days, showcasing institutional interest in the native asset of the network.According to data from SoSoValue, XRP ETFs gained $20.2 million on Friday, bringing total…
In a sector that has seen its share of villains, opportunists, and rogue insiders, ZachXBT has established a unique role: the crypto world’s unofficial investigator. Operating mostly independently and without institutional support, he has dedicated years to tracking down stolen assets, exposing frauds, and assisting scam victims in recovering millions.This article is part of CoinDesk’s Most Influential 2025 list.ZachXBT’s investigations have become crucial reading for traders and market watchers alike. His public threads blend meticulous on-chain forensics with a straightforward persona, earning him both respect and fear in the crypto domain.In 2025, he reaffirmed his significance. He disclosed that a…
The Supreme Court of the U.K. declined to hear an appeal regarding a protracted $13 billion lawsuit involving investors in Bitcoin Satoshi Vision (BSV), supporting prior rulings that limited claims against prominent crypto exchanges related to the token’s delisting.In a short ruling issued on December 8, the court stated that BSV Claims Limited’s “application does not present a valid point of law or one of broader public significance.”For exchanges like Binance, which requested that the U.K. Competition Appeal Tribunal (CAT) dismiss the case, this Supreme Court decision is a crucial legal win, signaling that U.K. courts are not prepared to…
The price of Bitcoin (BTC) is once again under examination as veteran trader Peter Brandt warns that BTC has breached its parabolic trendline, a technical indicator that has historically preceded significant downturns in previous bull markets. While this signal appears bearish, the current market dynamics indicate a crucial distinction from earlier cycles. Key takeaways:Peter Brandt noted that Bitcoin has broken its current parabolic advance, a bearish indication that has typically resulted in drawdowns exceeding 80%.Despite current risks, data shows that Bitcoin’s accumulation and adoption levels are much stronger than in earlier market cycles.Bitcoin’s parabolic breakdown increases risk of 80% declineIn a…
Bitcoin’s BTC$85,916.20 30-day simple moving average (SMA) hashrate has seen a significant decline since the April 2024 halving, as noted by Matthew Sigel, head of digital assets research at VanEck.The bitcoin hashrate evaluates the total computational strength securing the network.Former Canaan chairman Jack Kong remarked on a post on X that approximately 400,000 mining machines have recently been deactivated in China. Kong stated that the computing power decreased by roughly 100 exahashes per second (EH/s) compared to the previous day, indicating an 8% drop. This reduction corresponds to more than 400,000 mining machines being turned off based on an average…
Last week, crypto exchange-traded products (ETPs) saw inflows amounting to approximately $864 million, as reported by European digital asset manager CoinShares in a report published on Monday.The United States led in regional inflows with about $796 million, followed by Germany with approximately $68.6 million and Canada with around $26.8 million. Collectively, these three countries represent about 98.6% of the year-to-date (YTD) inflows for digital asset investment products.In contrast, Switzerland-listed crypto ETPs experienced around $41.4 million in weekly outflows, while the YTD net flows reached about $622.4 million, according to the data. Flows by Exchange Country (US$m). Source: CoinShares’ ReportBitcoin and…
BNB Coin BNB$845.93 has seen a decline of over 3% in the last 24 hours, dropping to $850, breaking below critical support levels and negating previous session gains.This movement occurred despite a short-lived attempt to breakout around $888 and indications of accumulation during the overnight hours, as per CoinDesk Research’s technical analysis model.Throughout much of the day, BNB traded within a narrow range of $885 to $888, forming a tight pattern that was supported by rising lows and increased volume early on. A successful breach of the $888 pivot point indicated possible bullish sentiment.Nonetheless, this surge failed to sustain as…