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.
Wall Street broker Bernstein maintains its most bullish stance on Coinbase (COIN), holding an outperform designation alongside a $510 price target, despite recent market downturns and renewed volatility in bitcoin BTC$91,816.07 fluctuations affecting sentiment in crypto-linked stocks.In a note released on Monday, analysts led by Gautam Chhugani described the current environment as “fragile,” with erratic price movements in cryptocurrency impacting public market indicators.However, the firm’s analysis suggested that this decline is different from previous crypto downturns, as the fundamental businesses seem to be resilient, and excess speculation is more narrowly focused. Bernstein highlighted that speculative excess is largely found among…
A Brazilian federal court has sentenced 14 individuals to prison for laundering over 508 million reais ($95 million) linked to international drug trafficking and other violent crimes, concluding a lengthy investigation into an intricate criminal organization operating across several states.The two ringleaders received sentences exceeding 21 years, while the others faced terms ranging from 8 to 17 years. All accused were mandated to reimburse the total laundered amount, and assets such as confiscated planes and luxury vehicles were surrendered to the federal government.The investigation, known as Terra Fértil, revealed a scheme utilizing counterfeit companies across two states to mask the…
While still in its early stages, quantum computing could soon threaten Bitcoin and other proof-of-work systems, as noted by Amit Mehra, a partner at venture capital firm Borderless Capital.In a discussion with Cointelegraph at Global Blockchain Congress Dubai 2025, Mehra indicated that Borderless Capital is “digging deeply into quantum computing” and examining how various companies are advancing quantum resistance technologies.Mehra forecasted that quantum computing could take until the end of the decade to fully mature. Nonetheless, he emphasized that the fast-paced evolution of technology is often underestimated:“Given the recent advancements in chip technology, computational tech, and the capabilities of decentralized…
On Wednesday, US-listed spot Bitcoin exchange-traded funds (ETFs) experienced $470 million in outflows as Bitcoin’s price momentarily dipped to $108,000, later recovering, according to Farside Investors.Fidelity’s FBTC led the way with $164 million in outflows, followed by ARK Invest’s ARKB, which faced a $143 million decline. BlackRock’s IBIT also experienced notable outflows, totaling $88 million.Grayscale’s GBTC reported $65 million in withdrawals, while Bitwise’s Bitcoin ETF BITB had a more modest outflow of $6 million.This decline followed several days of gains, which saw $149 million inflow on Monday and over $202 million on Tuesday.Bitcoin ETFs faced a challenging day marked by…
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Tech entrepreneur and billionaire Elon Musk is preparing to launch a new messaging app titled “X Chat,” aiming to rival Telegram and WhatsApp, with an expected release in the coming months.“On X, we’ve completely revamped the messaging framework into what’s termed ‘X Chat,’” stated Musk during The Joe Rogan Experience podcast aired on Friday.“It uses a peer-to-peer encryption system, similar to Bitcoin. It’s highly secure; we’re rigorously testing it.”Musk expressed his hope for the new messaging platform to be launched in “a few months,” clarifying that it won’t incorporate any “advertising hooks,” contrasting with competitors like WhatsApp, which “gathers enough…
This week, Bitcoin celebrates its 17th anniversary — transforming from a niche experiment to a cornerstone of global finance. Released by Satoshi Nakamoto on October 31, 2008, the Bitcoin whitepaper established the groundwork for a decentralized digital currency devoid of intermediaries.Seventeen years later, its influence extends across governments, major corporations, and institutional investors.Sponsored SponsoredHow Bitcoin Evolved from RebellionOnce regarded as “money for hackers,” Bitcoin is now included in the portfolios of some of the world’s largest financial players.BlackRock alone possesses roughly 3% of Bitcoin’s circulating supply, while publicly traded companies collectively own over 725,000 BTC.Another 300,000 BTC is held by…
Leading privacy coins are overcoming challenges in the digital asset market, indicating a heightened interest from investors in privacy-centric cryptocurrencies.Zcash (ZEC) reached an eight-year peak of $388 on Friday, experiencing a 7.6% increase in the last 24 hours, according to CoinMarketCap. With a market cap of $6.2 billion at the time of writing, ZEC has surpassed Monero (XMR) as the most valuable privacy-focused cryptocurrency.ZEC’s 45% weekly growth defied the ongoing crypto market downturn, which has persisted after the anticipated tariff agreement between the US and China did not materialize on Thursday.This rally indicated a renewed investor interest in privacy coins…
Key points:For the first time in seven years, Bitcoin risks closing October in the negative.Numerous altcoins have reached significant support levels, reflecting selling pressure on rallies.Bitcoin (BTC) advocates are striving to keep the price above $110,000, but bears maintain pressure. This increases the likelihood of BTC marking its first red October close in seven years. Following October’s disappointing results, attention turns to November, which historically shows an average return of 46.02%, per CoinGlass data.Several analysts are adopting a bearish stance on BTC, hinting at a potential cycle high based on its four-year halving cycle. However, a minority, including BitMEX’s Arthur…
The Senate Commerce Committee’s vote on a bill to deregulate crypto mining in New Hampshire ended in a divide on Thursday, following a noticeable increase in public feedback since its last discussion.After two prior deadlocks, one for advancing the bill and another for rejecting it, the committee ultimately voted 4–2 to refer the measure for further interim study, as initially reported by the New Hampshire Bulletin.House Bill 639 aims to prevent municipalities from enacting restrictions on crypto mining, including regulations regarding electricity usage or noise, and would ban state and local authorities from imposing unique taxes on digital assets.If passed,…