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.
Hedera dropped significantly through vital support levels during Sunday’s trading session, falling 5.8% from $0.1202 to $0.1127 as technical selling pressure outpaced early buying enthusiasm. The cryptocurrency formed a distinct bearish structure after failing to sustain gains above $0.1218, with price movements largely driven by profit-taking near resistance points.Volume trends illustrated the capital movements throughout the session. Trading surged to 69.18 million tokens on Dec. 14 at 20:00 UTC, showing an 86% increase over the 24-hour average of 32.8 million tokens, as HBAR approached critical resistance at $0.1194. This rejection sparked a wave of selling that pushed prices below established…
BlackRock is intensifying its strategy in digital assets, actively seeking new talent to broaden its crypto and blockchain offerings internationally.The $10 trillion asset management firm is recruiting for seven senior positions in digital assets, with six located in the United States and one in Singapore. The roles encompass research, strategy, and business leadership, reflecting the firm’s increased commitment to the sector amid rising institutional interest in tokenized and on-chain assets.In the U.S., one position centers on enhancing BlackRock’s iShares digital asset ETF offerings. The job description seeks someone to expand existing products, including its crypto ETFs such as the $70…
Strategy’s (MSTR) junior preferred stock Stride (STRD) experienced a further tightening in its credit spread at the end of last week, likely signaling a robust demand for the company’s highest-yielding preferred offering. The yield spread between STRD and the U.S. 10-Year Treasury Note dipped to a record low of 8.12% as of December 12, according to data from Bitcoin for Corporations (the spread has since widened back to nearly 9% on Monday as bitcoin fell below $86,000). Fixed-Rate Credit Spreads: STRF, STRK, STRD vs U.S. 10 Year Treasury Note (Bitcoin for Corporations) A credit spread indicates the extra return that…
Despite the prolonged downturn of Bitcoin, corporate treasury firms continue to amass the cryptocurrency, with American Bitcoin, backed by Eric Trump, surpassing ProCap Financial, founded by entrepreneur Anthony Pompliano, in total Bitcoin holdings.Since early December, American Bitcoin has added over 1,000 Bitcoin (BTC) to its reserves, bringing its total to 5,044 BTC, valued at about $443 million, according to data from industry tracker BitcoinTreasuries.NET.ProCap Financial, established to create a Bitcoin-centered financial platform and investment vehicle, has dropped to 22nd place among corporate holders, maintaining approximately 5,000 BTC. The company has also increased its Bitcoin reserves in recent weeks, as per…
For more than ten years, Bitcoin’s largest holders have influenced many of the market’s biggest surges and deepest crashes.These so-called whales have always wielded significant power, but their actions in 2025 suggest a fundamental shift that could reshape Bitcoin (BTC) dynamics as we head into 2026.The pivotal moment occurred on Oct. 10, which many traders see as the unofficial end of the latest crypto bull market. While billions in retail investments were lost in moments, one early Bitcoin whale walked away with about $200 million in profit.Simultaneously, large, previously inactive wallets suddenly came back to life, moving thousands of BTC…
Crypto expert Crypto Wimar has discussed the recent decline in Bitcoin, Ethereum, and XRP prices, citing persistent selling pressure. The crypto market also faces potential further declines due to macroeconomic factors, such as the upcoming interest rate hike in Japan. Reasons Behind The Crash in Bitcoin, Ethereum, And XRP Prices In an X post, Crypto Wimar shared that Wintermute has offloaded 40% of its holdings over the past three weeks, contributing to the drop in Bitcoin, Ethereum, and XRP prices. The crypto analyst further noted that the market maker continues to sell millions in BTC and ETH on Binance, which…
IREN has declined 47% from its 52-week high on Nov. 5, notably lagging behind both mining and high-performance computing (HPC) peers. However, investment bank B. Riley maintains its buy rating and a $74 price target in a report released on Monday.Miners have averaged a 25% drop during the same timeframe, while GPU cloud companies CoreWeave (CRWV) and Nebius (NBIS) saw declines of 31% and 25%, respectively, according to analysts Nick Giles and Fedor Shabalin in the report.The analysts described IREN’s recent price fluctuations as market sentiment-driven adjustments within a volatile AI-related sector rather than a fundamental downturn.In early trading, the…
TON’s value declined by 3.4% in the last 24 hours, settling at $1.5567, further widening its performance gap compared to the overall cryptocurrency markets.The broader market, reflected in the CoinDesk 20 (CD20) index, dropped by 1.8% during this same timeframe. TON’s decline indicates ongoing selling pressure particular to this token.While the token experienced some brief recoveries, it ultimately continued its trend of lower highs. This steady downward trajectory suggests that sellers remain active even as conditions improve in other areas of the market.The trading range varied from a peak of $1.6144 to a low of $1.5449, representing almost a 4.3%…
It has been another tough day for bitcoin treasury companies (BTCTCs), as the price of bitcoin BTC$89,629.86 drops below $87,000 in morning trading in the U.S. on Monday.Strive (ASST) is among those experiencing declines, down 9% to a new low of $0.78. During the peak BTCTC excitement last spring, Strive traded over $13 at one point.Following Michael Saylor’s strategy, Strive issued a perpetual preferred stock series (SATA) last month, raising $160 million and offering a 12% dividend rate. The goal is to keep SATA’s trading price relatively stable around $100. With SATA now fluctuating in the $90 range, Strive announced…
Anchorage Digital, a federally chartered crypto bank, has taken over the Securitize For Advisors (SFA) business unit from Securitize. This acquisition introduces a crypto wealth management platform tailored for registered investment advisors (RIAs), as detailed in a press release on Monday.The financial specifics of the acquisition were kept confidential.This acquisition solidifies an existing collaboration between the two companies. Anchorage Digital already manages custody for 99% of Securitize For Advisors’ client assets, with SFA operating on Anchorage’s infrastructure.“RIAs are leading one of the most significant waves of crypto adoption. By combining Anchorage Digital’s federally regulated custody platform with SFA’s technology and…