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.
Crypto treasury firms are beginning to experience increases in share prices due to stock buyback initiatives, which analysts suggest may indicate that these firms are striving for greater credibility.The media company Thumzup, associated with Trump Jr., which holds Bitcoin (BTC) and Dogecoin (DOGE), announced on Wednesday that it is raising its share buyback from $1 million to $10 million, which led to a 7% increase in its stock (TZUP) during the session and an additional 0.82% after hours, bringing it to $4.91.Meanwhile, Solana treasury firm DeFi Development Corp (DFDV) expanded its share repurchase program from $1 million to $100 million,…
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Companies holding crypto treasuries are experiencing stock price increases due to share buyback programs, suggesting they are vying for greater credibility.Thumzup, a media company connected to Trump Jr. that holds Bitcoin (BTC) and Dogecoin (DOGE), announced on Wednesday its share buyback would increase from $1 million to $10 million, which propelled its stock (TZUP) up 7% for the day, with an additional 0.82% gain after hours to trade at $4.91.Meanwhile, DeFi Development Corp (DFDV), a treasury company associated with Solana, increased its buyback from $1 million to $100 million, which resulted in its stock gaining over 5%, before settling for…
Ethereum has faced challenges in gaining significant upward momentum in recent days, despite robust investor interest. The price of the altcoin leader is influenced by two conflicting forces: substantial accumulation from both retail and institutional investors, and ongoing selling pressure from long-term holders. This opposition has resulted in ETH remaining within a narrow trading range. Ethereum Exchange Supply Decreases Ethereum’s supply on exchanges has consistently diminished over the past few months, now reaching a nine-year low. This indicates that investors are withdrawing tokens from centralized exchanges, typically associated with long-term accumulation rather than short-term trading.Sponsored Sponsored In the last month…
As Bitcoin (BTC) remains confined within the $110,000 to $115,000 range, data from cryptocurrency exchanges presents a mixed outlook on the premier digital currency. While traders on Binance are demonstrating a bullish perspective, those on various other platforms express some reluctance. Bullish Sentiment Among Binance Traders A post from CryptoQuant by contributor Crazzyblockk reveals that fresh derivatives data from Binance indicates changing market trends. Specifically, the recent BTC funding rate on Binance suggests that traders are adopting a bullish outlook. Related Reading In contrast, the BTC funding rate on other platforms such as OKX, Bybit, and Deribit shows that traders…
Large cryptocurrency investors and a key adviser in the crypto space have poured millions into the Avalanche smart contract blockchain’s native utility token, anticipating a price surge following recent corporate treasury announcements and Avalanche exchange-traded fund (ETF) submissions.Notable crypto investigator and World Liberty Financial (WLFI) adviser, Ogle, initiated a $2.2 million long position with 10x leverage, wagering on the Avalanche (AVAX) token’s price growth.The position was opened at an entry price of $33.88 and will be liquidated if the AVAX token drops below $15.50, as reported by blockchain data platform Lookonchain.Source: LookonchainThe WLFI adviser made his leveraged wager shortly after…
The venture capital arm of stablecoin company Circle has teamed up with crypto infrastructure provider Crossmint to extend the reach of the USDC stablecoin across various blockchain platforms, aiming to serve billions of users, including AI agents.“By integrating Crossmint Wallets and APIs for stablecoin onramps, orchestration, and agentic payments with USDC […] we’re establishing the groundwork for a new financial era: where money transfers almost instantly, access is universal, and systems are designed for both humans and machines,” Crossmint stated on Wednesday during the announcement of the partnership with Circle Ventures.Source: Rodri Fernandez TouzaCrossmint’s endorsement of AI agents comes amidst…
Key takeaways:Aster (ASTER), the decentralized exchange (DEX) token associated with Binance founder Changpeng “CZ“ Zhao, could surpass its rival Hyperliquid’s (HYPE) market capitalization and potentially increase by 480%, according to multiple analyses. ASTER price could rise 480%: analystMarket analyst Marcell indicates ASTER could capture a significant portion of HYPE’s market cap, pointing to a straightforward comparative valuation.Earlier this year, HYPE’s market cap peaked above $18 billion, nearly 4.8 times ASTER’s current $3.74 billion.Source: Marcell/XIf ASTER were to achieve that same valuation, its token price would increase from around $2 today to approximately $9.69 in the future.Marcell notes that this prediction…
Spot Bitcoin exchange-traded funds (ETFs) in the United States have witnessed back-to-back days of net outflows as the overall sentiment in the crypto market has turned negative. Summary Spot Bitcoin ETFs have reported two consecutive days of outflows. Analysts maintain a predominantly bearish outlook on Bitcoin, forecasting a potential decline to around $70k. Per SoSoValue data, the 12 US spot Bitcoin ETFs saw a net outflow of $103.61 million on Tuesday, September 23, extending a two-day trend that has seen nearly $467 million leave these funds. Fidelity’s FBTC accounted for a significant portion of the outflows, with investors withdrawing $75.56…
Highlights:Ether surged 75% against Bitcoin in Q3, but experienced a slight dip in September.Retail investor involvement has been low, diverging from institutional activity.In Q3, Ether (ETH) appreciated by 75% compared to Bitcoin, and despite recent price stagnation, traders remain optimistic about the altcoin reaching $5,000 by 2025.Data from Glassnode revealed a strong focus on Ether among futures traders, with its open interest dominance at 43.3%, the fourth highest recorded, while Bitcoin’s stands at 56.7%. Ethereum’s perpetual futures volume dominance also reached a record 67%, marking the largest shift of trading activity towards Ether in history.BTC vs. ETH perpetual futures volume…