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 Blockchain Association has appointed Lindsay Fraser from Uniswap Labs to spearhead its policy operations as the crypto sector seeks urgent action from the U.S. Congress on legislation to define the regulatory framework for digital asset markets.Fraser, who focused on policy matters for Uniswap amid ongoing discussions on how decentralized finance (DeFi) would be regulated by the U.S. government, will take on a broader role for the association, which represents 146 member companies. She noted that her DeFi background will aid in these discussions. The association, a leading voice among industry advocates in Washington, will concentrate on the current market…
Sure! Here’s a rewritten version of the content while keeping the HTML tags intact: APT$1.8315 experienced a sharp decline during Friday’s trading session, plunging 6% to $1.85 as technical selling dominated over buyer activity. The token underperformed against the wider crypto market, with the CoinDesk 20 index dropping 2.5% at the time of publication.Trading activity has been low, at merely 10.8% of the 30-day average, indicating APT’s descent does not have significant backing, as per CoinDesk Research’s technical analysis model.This model illustrated that Aptos established a trading range of $0.17, reflecting 8.5% volatility as recurrent selling waves formed new session…
“Buy every dip.” That’s the counsel from Strike CEO Jack Mallers. Mallers asserts that with quantitative tightening behind us and rate cuts and stimulus approaching, a significant influx of capital is forthcoming. According to him, the U.S. cannot sustain declining asset prices, leading to a substantial wave of liquidity poised to stabilize prices.While retail investors have embraced phrases like “buy the dip” and “dollar-cost averaging” for purchasing at market lows or making regular investments, these concepts are fundamentally derived from professionals like Samar Sen, senior vice president and head of APAC at Talos, an institutional digital asset trading platform.He explains…
Ether (ETH) is hinting at a potential 170% rise in under two months, echoing past trends against Bitcoin (BTC).Key points:Ether may revisit long-term peaks above 0.09 in Bitcoin terms.The bullish narrative for the largest altcoin persists, targeting $3,700 next.Bitcoin could reach $100,000 as early as next week, according to forecasts.Trader on ETH bull run: “You know what’s coming”Recent analysis shared on X Friday by trader Mags indicates ETH price action mirroring the 2021 bull market.After years of decline in BTC terms, Ether’s recent months signal a strongly bullish trajectory.As Mags points out, ETH/BTC hit its low in April, mirroring the…
As per an analytics report, XRP was trading close to $2.06 on Friday after a significant shift in social sentiment surrounding the token, which declined approximately 30% over the past two months. Related Reading Traders and analytics firms noted a sharp increase in negative messages, contrasting with the previously mixed perspectives observed earlier this year. The atmosphere in crypto markets has tightened up, with XRP being affected as well. Crowd Sentiment Turns to Fear According to reports from Santiment, their data illustrates XRP’s price in relation to both positive and negative comments, alongside a combined sentiment measure reflecting public sentiment.…
Even with recent sharp declines in bitcoin’s price, Wall Street Bank JPMorgan maintains its volatility-adjusted BTC-versus-gold model target, suggesting a theoretical price around $170,000 in the next six to twelve months.The largest cryptocurrency was trading close to $91,200 at the time of this report.Strategy (MSTR) is a significant factor for bitcoin BTC$92,317.88, with market analysts monitoring its enterprise value-to-bitcoin holdings (mNAV) ratio, which is currently about 1.13. This ratio is crucial in assessing forced-selling risks, particularly if it falls below 1.0, according to analysts led by Nikolaos Panigirtzoglou in the Wednesday report. The report noted it’s promising that the company’s…
A Solana presale event faced significant distribution challenges after a bot farm allegedly exploited over 1,000 wallets to rapidly acquire almost the entire Wet (WET) token sale within seconds.Conducted via the decentralized exchange aggregator Jupiter, the presale sold out in the blink of an eye. However, genuine buyers found themselves effectively locked out as a single entity monopolized the sale, according to the event organizers.Solana automated market maker (AMM) HumidiFi, the team behind the presale, confirmed the attack and decided to cancel the launch entirely. The team announced plans to create a new token and execute an airdrop for legitimate…
A Solana presale event faced distribution problems after a bot farm allegedly utilized over 1,000 wallets to snipe nearly the entire Wet (WET) token sale within seconds. Conducted via the decentralized exchange aggregator Jupiter, the presale sold out almost immediately. However, authentic buyers had virtually no opportunity to participate due to a single actor’s dominance, as reported by the organizers. The Solana automated market maker (AMM) HumidiFi, which managed the presale, confirmed the breach and canceled the launch entirely. The team announced plans to create a new token and conduct an airdrop for legitimate participants while specifically excluding the sniper.…
Turkish cryptocurrency exchange Paribu has secured a majority interest in CoinMENA, which is a Sharia-compliant crypto exchange licensed in both Dubai and Bahrain.As per a Thursday announcement from CoinMENA, Paribu has acquired a controlling stake in CoinMENA, a deal that values the company at approximately $240 million. This transaction is touted as Türkiye’s largest fintech deal to date and marks the country’s first cross-border acquisition of a digital asset platform.Paribu aims to leverage this acquisition to expand its operations beyond its domestic market. CoinMENA received a license from Bahrain’s central bank in early 2021 and has since secured another license…
By Francisco Rodrigues (All times ET unless indicated otherwise)Bitcoin is currently priced at around $91,300, having decreased over 2.2% in the last 24 hours, outperforming the broad crypto market, which saw a 3.2% decline as indicated by the CoinDesk 20 (CD20) index.The situation is complex. A record-long U.S. government shutdown has postponed crucial labor reports, although numerous layoff announcements are making headlines as companies increasingly utilize AI for cost-cutting. The Fed’s favored inflation indicator, personal consumption expenditure (PCE), expected later today, is only now aligning with older data.Despite this, institutional indicators remain positive. Just this week, Vanguard expanded crypto ETF…