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.
The landscape of crypto policy is evolving from discussion to action, with the OCC, FDIC, and Federal Reserve beginning to outline a regulatory framework for stablecoins and tokenized deposits in the U.S., according to a Monday report from Bank of America.Recent approvals and proposals signal the beginning of a multi-year transformation that could lead to an increased migration of real-world assets and payments onto blockchain, as stated by analysts led by Ebrahim Poonawala.The OCC’s recent conditional approval of national trust bank charters for five digital-asset firms represents a significant move towards federal recognition of stablecoins and crypto custody, the analysts…
Bitcoin continued its downward trend on Sunday, falling beneath $87,000 as a new wave of liquidations hit the crypto market, erasing around $200 million in leveraged positions within the last hour, according to Coinglass data. As of this writing, the price of bitcoin is $86,751, reflecting a decline of approximately 2% in the last 24 hours, based on market data. Trading volume reached about $38 billion, with BTC down by 4% from its seven-day peak of nearly $89,935, hovering just above its weekly low of approximately $87,152. The circulating supply of BTC now stands at 19.96 million, with a capped…
Ondo Finance, the issuer of real-world assets (RWA), plans to launch its tokenized stock and exchange-traded fund (ETF) trading platform on the Solana blockchain early next year, as announced by the project.This development will extend its diverse range of tokenized financial products to one of the fastest blockchain networks, enhancing access for both retail and institutional investors. Users will have the ability to trade U.S. stocks and exchange-traded funds 24/7 via blockchain technology, with settlements occurring in mere seconds.According to data from RWA.xyz, Ondo has issued approximately $365 million in tokenized assets, establishing it as the leading entity in the…
CME Group has introduced Spot-Quoted futures for XRP$1.9976 and Solana SOL$132.23, enhancing its range of crypto derivatives aimed at reflecting real-time market prices.The new contracts replicate the format of CME’s existing Spot-Quoted Bitcoin BTC$87,125.99 and Ether ETH$3,125.57 futures. Unlike conventional futures, which often trade with a premium or discount due to financing costs, Spot-Quoted contracts align directly with the spot price. Financing nuances are addressed separately at the time of settlement.”There’s strong interest in our current Spot-Quoted Bitcoin and Ether futures, with over 1.3 million contracts exchanged since their inception in June. We are excited to incorporate XRP and SOL…
BONK experienced a decline in value over the last 24 hours, dropping to around $0.0000087 as previous attempts to maintain higher prices dwindled.The token underwent significant intraday fluctuations before stabilizing near recent lows, indicating increased volatility without a clear directional trend, based on the technical analysis data model from CoinDesk Research.Market activity surged as trading volume rose significantly above recent averages while BONK approached short-term resistance around the $0.0000090 mark. However, the price could not sustain above this level, leading to a pullback toward the lower end of its trading range.BONK later found stability in the range of $0.0000086 to…
ICP$3.2035 has seen a decline in value over the last 24 hours, dropping to roughly $3.13 after an earlier attempt to rebound faltered in the $3.25–$3.30 range. This decrease has reversed much of the session’s gains and kept the token near the bottom of its recent trading range, according to CoinDesk Research’s technical analysis data model.The price decline occurred after ICP was unable to maintain momentum above intraday peaks near $3.28. The volume increased during this reversal, leading the token back through critical short-term support levels. Trading activity surged during the downturn, indicating active repositioning rather than just thin or…
Leading cryptocurrencies experienced declines during Monday’s U.S. morning, reinforcing a clear trend of underperformance compared to the stock market.Bitcoin traded flat just under $90,000 overnight but dropped to $86,800 as the U.S. market opened.BTC$89,629.86 Bespoke Investment remarked, “If you only owned the iShares Bitcoin ETF IBIT post-hours (buy at close, sell at next open), it’s risen 222%. Conversely, if you only traded intraday (buy at open, sell at close), it’s down 40.5%.”Other crypto stocks also opened lower, with Strategy (MSTR) and Circle (CRCL) both falling around 7%. Coinbase (COIN) slipped over 5%, while trading platforms Robinhood (HOOD) and eToro (ETOR)…
Billions in Bitcoin and Ethereum options are set to expire on December 20, with max pain clusters and a BTC put skew creating an environment ripe for short-term volatility. Overview Data from the options market indicates that the upcoming expiry on Friday will center BTC and ETH open interest around distinct max pain levels, which typically serve as near-term attractors. Bitcoin’s structure shows a greater inclination toward puts, indicating a heightened demand for downside protection compared to calls as the settlement date approaches. The put/call ratio for Ethereum appears more balanced, suggesting less insistence on hedging and a lighter downside…
A four-page memo from Deputy Attorney General Todd Blanche instructed the U.S. Department of Justice (DOJ) to exercise greater discretion in prosecuting cryptocurrency cases, halting any actions that “superimpose regulatory frameworks on digital assets” until new frameworks are established by regulatory agencies.This feature is a part of CoinDesk’s Most Influential 2025 list.The memo received acclaim from the crypto industry, while also raising concerns about potential leniency towards fraud and other crimes. Attorneys noted in April, following the memo’s release, that they did not anticipate the DOJ reducing enforcement against undeniably fraudulent actions. Instead, they believed the DOJ would wait for…
Prediction markets are rapidly transitioning from a niche aspect to a burgeoning asset class, with monthly volumes nearing $10 billion, according to U.S. bank Citizens. Although this figure is small compared to the over $10 trillion in U.S. equities, they are expanding quickly as platforms like Robinhood (HOOD), Kalshi, and Polymarket grow.The bank indicates that these markets tackle a significant issue in traditional finance by enabling investors to trade directly on events such as inflation data, election outcomes, Federal Reserve decisions, and regulatory approvals, rather than depending on rough alternatives like futures, exchange-traded funds (ETFs), or individual stocks.Robinhood’s acquisition of…