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.
Consumer advocates and financial-reform organizations are joining forces with several unions to oppose Senate legislation aimed at regulating the U.S. crypto markets, contending that the current proposals leave consumers at risk of fraud.”The legislative measures under consideration in the Senate have largely neglected to tackle thesignificant harms stemming from the crypto industry, and the Senate should not entertain any bill that fails to comprehensively address these issues,” stated the letter sent to senators this week, backed by nearly 200 organizations, including Better Markets, Public Citizen, Americans for Financial Reform, and the Communications Workers of America. This followed a similar concern…
Bitcoin BTC$93,700.82 surged past $94,000 before swiftly falling back as Fed Chair Jerome Powell conveyed mixed signals following the central bank’s 25 basis-point rate cut on Wednesday.Trading around $92,000 for most of the day, BTC jumped to $94,400 after Powell, in his post-meeting address, highlighted the potential risks of a weaker labor market, but gave back much of the gains when he indicated that the fight against persistent inflation is ongoing.Currently, BTC is trading at $93,500, reflecting a 0.5% increase over the last 24 hours. Ether ETH$3,401.81 continued its recent pattern of strength, trading above $3,400 and rising approximately 2.4%…
A16z crypto, the venture capital arm of Andreessen Horowitz (a16z), has announced its expansion into Asia, establishing an office in Seoul and appointing Sungmo Park to lead operations in the region.According to a blog post from the Andreessen Horowitz unit, South Korea ranks as the second-largest crypto market globally. The new office aims to collaborate with founders, forge partnerships, enhance distribution networks, and boost community development throughout the region. Notably, South Korea and Singapore exhibit high crypto ownership levels, alongside increasing on-chain activities in Japan.While Hong Kong and Singapore have historically been Asia’s financial hubs, South Korea is emerging as…
On Wednesday, the US Federal Reserve implemented a 25-basis-point interest rate cut, the third this year, meeting market predictions. Mirroring previous pre-FOMC price movements, Bitcoin surged above $94,000 on Monday; however, the media’s hawkish portrayal of the rate cut indicates a divided Fed regarding the future of US monetary policy and the economy.Due to the “hawkish” nature of this week’s rate cut, there is a possibility that Bitcoin’s price may decline on the news and remain stagnant until a new momentum catalyst appears.CNBC reported that the Fed’s 9-3 vote signifies ongoing concerns among members regarding the persistence of inflation, suggesting…
On Wednesday, the US Federal Reserve enacted a 25-basis-point interest rate cut, the third this year and in line with market expectations. As expected, Bitcoin surged past $94,000 on Monday; however, the media’s hawkish interpretation of the rate cut indicates a divided Fed regarding the trajectory of US monetary policy and the economy.Considering the “hawkish” label attributed to this week’s rate cut, there is a possibility that Bitcoin’s price might dip following the news and remain stagnant until a new momentum driver comes into play.CNBC reported that the Fed’s 9-3 voting reflects ongoing concerns among members about inflation resilience, suggesting…
On Wednesday, SpaceX transferred another 1,021 bitcoins, valued at approximately $94.5 million. The transaction was divided between two unnamed addresses under Coinbase Prime custody. One address received 614 BTC, while the other got 407 BTC. This marks the ninth transaction from SpaceX this year, with recent transfers totaling approximately 8,910 BTC, worth around $924 million. Analysts suggest that the firm is consolidating its assets and updating its legacy bitcoin addresses. Arkham Intelligence has identified SpaceX’s bitcoin holdings on-chain. The company is estimated to control about 3,991 BTC, equivalent to roughly $367 million at current market rates. These holdings have varied…
The “whale awakening” in figures In July 2025, analysts observed eight Satoshi-era wallets, each containing 10,000 BTC, transfer their coins for the first time in 14 years. A total of 80,000 Bitcoin (BTC) (around $8.6 billion at the time) shifted from long-dormant addresses in a single episode observed onchain. Blockchain analysts traced these coins back to 2011, when they were purchased for less than $210,000 in total, indicating a return of nearly 4,000,000%. In July 2025, two separate wallets, each with 10,000 BTC and inactive since 2011, were reactivated. With Bitcoin at approximately $108,000, each address unexpectedly held over $1…
Strategy, the leading Bitcoin treasury firm, provided feedback to index company MSCI on Wednesday regarding a proposed policy change that would prevent digital asset treasury firms with 50% or more in crypto from being included in stock market indexes.Digital asset treasury companies are active businesses that can modify their operations, according to the letter, which referenced Strategy’s Bitcoin-backed credit products as an illustration.The letter argued that the proposed policy shift would show bias against crypto as an asset class, rather than MSCI acting as an impartial arbiter. The initial page of Strategy’s letter to MSCI counters the proposed eligibility criteria…
The “whale awakening” in numbers In July 2025, analysts observed eight Satoshi-era wallets, each containing 10,000 BTC, move their holdings for the first time in 14 years. In total, 80,000 Bitcoin (BTC) (approximately $8.6 billion at the time) shifted out of long-dormant addresses in a singular, clustered episode of movement tracked on the blockchain. Analysts traced these coins back to 2011, when they were purchased for less than $210,000 in total, suggesting a returns of nearly 4,000,000%. Two separate wallets, each holding 10,000 BTC and inactive since 2011, were reactivated in July 2025. With Bitcoin around $108,000, each address suddenly…
The Bitcoin platform Paxful has admitted guilt to a three-count criminal information, stating in court that it facilitated the movement of funds for criminals engaged in illegal activities, including prostitution, fraud, and evasion of sanctions.A “criminal information” refers to a formal document that charges a defendant after waiving indictment and agreeing to plead guilty. Paxful confessed to breaching the Travel Act by promoting illicit prostitution through interstate commerce, running an unlicensed money transfer business, and neglecting to implement a mandated anti-money laundering (AML) program as per the Bank Secrecy Act, as announced in a press release by the Eastern District…