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.
Venezuelans have increasingly turned to blockchain technology for banking solutions after enduring a decade of economic challenges; the reliance is expected to grow if conditions in the South American nation deteriorate, according to blockchain intelligence firm TRM Labs.As geopolitical tensions escalate, particularly between the US and Venezuela, leading to economic instability and continued devaluation of the bolívar, the TRM Labs team predicts in a report released Thursday that the demand for stablecoins as a store of value and a means of exchange will likely increase.Additionally, ongoing regulatory uncertainty regarding the crypto regulator SUNACRIP’s authority and enforcement abilities, along with diminishing…
Venezuelans are increasingly dependent on blockchain technology for banking after enduring a decade of economic challenges; this reliance is expected to grow if conditions deteriorate further in the South American nation, according to blockchain intelligence firm TRM Labs.With ongoing regional and geopolitical tensions, particularly between the US and Venezuela, contributing to macroeconomic instability and the continuous devaluation of the bolívar, the TRM Labs team forecasted in a report released on Thursday that the demand for stablecoins as a store of value and medium of exchange will increase.In addition, ongoing regulatory uncertainties regarding the country’s crypto regulator, SUNACRIP, combined with diminishing…
Venezuelans heavily depend on blockchain technology for banking after enduring a decade of economic strain; however, this reliance is expected to increase if conditions deteriorate in the South American nation, according to blockchain intelligence firm TRM Labs. With rising regional and geopolitical tensions, partly stemming from US-Venezuela relations, macroeconomic instability persists along with the continued devaluation of the bolívar. The TRM Labs team predicted in a Thursday report that the demand for stablecoins as a reliable store of value and means of exchange will increase. At the same time, the unclear regulatory environment and ongoing uncertainty about the authority and…
According to market analyst Jeff Park, long-term Bitcoin (BTC) whales are selling covered calls—a strategy where call options are sold, granting the buyer the right (but not the obligation) to buy an asset at a predetermined price, allowing the seller to collect a premium—thus suppressing spot BTC prices.Large, long-term BTC holders, often referred to as “whales” or “OGs,” exert significant sell-side pressure through this covered call approach. This is partly due to market makers being on the opposite side, purchasing the covered calls, Park noted.This dynamic means that market makers need to hedge their exposure from the call purchases by…
Bitcoin is at a pivotal point as its macro retracement aligns with a tight mid-range tussle between $86,000 and $100,000. With bearish patterns established and short-term support holding steady, the market now anticipates whether bulls can regain momentum or if a more significant pullback looms ahead. Bitcoin Validates Macro Top: Bearish Cycle Initiated According to an update from Crypto Patel, Bitcoin seems to have confirmed a market peak, entering a more extensive macro retracement phase. The breakdown of a crucial bullish support level has altered the market structure into a bearish mode. Related Reading The chart indicates that a Head…
Long-term Bitcoin (BTC) whales are employing a covered call strategy—selling call options that allow the buyer to purchase an asset at a set future price—resulting in suppressed spot BTC prices, according to market analyst Jeff Park.These large BTC holders, often referred to as “whales” or “OGs,” create significant sell-side pressure through this strategy, particularly as market makers, who buy these covered calls, balance their exposure, Park noted.This leads market makers to sell spot BTC to hedge their call exposure, pushing prices down despite robust demand from traditional exchange-traded fund (ETF) investors. The volatility skews of BlackRock’s IBIT ETF compared to…
The United States Securities and Exchange Commission (SEC) released an investor bulletin on Friday regarding crypto wallet and custody practices, detailing best practices and common risks associated with various forms of crypto storage for investors.The SEC’s bulletin outlines the advantages and disadvantages of different custody options for crypto, comparing self-custody with third-party custodial services for managing digital assets.Investors opting for third-party custody must understand the custodian’s policies, including whether they “rehypothecate” assets by lending them out, or if they are pooling client assets rather than maintaining segregated accounts for each customer’s crypto. The Bitcoin supply categorized by custodial arrangement. Source:…
After almost five years of inactivity, a group of wallets associated with Silk Road has just transferred 33.7 Bitcoin—approximately $3 million—in a surprising on-chain revival that quickly drew attention to the BTC price. While this volume is relatively small, the origins, timing, and institutional destination create a significant narrative effect. Given Bitcoin’s already precarious price range, this event raises alarms about renewed downward pressure. The 33.7 BTC Silk Road Transfer and Its Possible Effects on Bitcoin’s Price The transfer started with a series of small outputs coming from early Silk Road addresses, all in the old “1…” legacy format. These…
On Friday, the United States Securities and Exchange Commission (SEC) released an investor bulletin about crypto wallets and custody, detailing recommended practices and common risks associated with various cryptocurrency storage methods for the investment community.The SEC’s bulletin outlines the advantages and dangers of different custody methods for cryptocurrency, contrasting self-custody with entrusting a third party to manage digital assets for the investor.Investors opting for third-party custody should be aware of the custodian’s practices, specifically whether it “rehypothecates” the assets placed in its care by lending them out or if it pools client assets rather than keeping the cryptocurrency in separate…
The U.S. Securities and Exchange Commission (SEC) released an investor bulletin on Friday regarding crypto wallets and custody, detailing best practices and prevalent risks associated with various forms of crypto storage for investors.The SEC’s bulletin outlines both the advantages and risks of various custody methods, comparing self-custody with third-party digital asset management.When opting for third-party custody, investors must be aware of the custodian’s policies, such as whether they “rehypothecate” assets by lending them or if they pool client assets instead of keeping them in separate accounts. The Bitcoin supply categorized by custodial arrangement type. Source: RiverThe SEC guide also describes…