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 value of Bitcoin (BTC) is set to undergo cyclical surges and declines, potentially seeing a drop of up to 70% during the next market correction, as stated by Vineet Budki, CEO of the venture firm Sigma Capital.Budki mentioned that a BTC retracement of 65% to 70% is anticipated over the next two years, as traders lack a full understanding of the asset they possess. He conveyed this to Cointelegraph at the Global Blockchain Congress 2025 in Dubai, UAE, stating:“Bitcoin will not lose its utility if it falls to $70,000. The real issue is that people are unaware of its…
Fold is revolutionizing the American dining scene by integrating Bitcoin through a new partnership. This collaboration offers a $5 Bitcoin reward with a specialty meal at around 400 Steak ‘n Shake locations, marking a first for U.S. restaurant chains. Summary Fold has teamed up with Steak ’n Shake to offer $5 in Bitcoin rewards with select meals across 400 U.S. locations. This initiative is the first time a U.S. restaurant chain has directly tied meal purchases to Bitcoin rewards. Fold, which possesses nearly 1,500 BTC in its treasury, is expanding its Bitcoin reward ecosystem via apps, debit and credit cards,…
By Francisco Rodrigues (All times ET unless indicated otherwise)Cryptocurrency prices took a downward turn over the last 24 hours, influenced by a sell-off in equities following U.S. tech giants Meta and Microsoft increasing their AI investment forecasts, which raised concerns about overspending.Bitcoin BTC$109,558.24 changed little, slipping 0.3% to about $110,000 on the 17th anniversary of its white paper release, whereas ether decreased 1.3% to approximately $3,840. The minor dip occurs as traders analyze shifting expectations regarding interest rates and inflation across both sides of the Atlantic.The European Central Bank appears to be halting its rate-cutting strategy, while the Federal Reserve…
Key points:For the first time in seven years, Bitcoin may end October with a loss.Numerous altcoins have fallen to key support levels, suggesting sell-offs on rallies.Bitcoin (BTC) bulls are striving to keep the price above $110,000, but bear pressure persists. This raises the likelihood of BTC facing its first-ever negative October close in seven years. Following October’s lackluster performance, November is in focus, which historically averages a 46.02% return, as per CoinGlass data.Several analysts are adopting a bearish stance on BTC, indicating a potential peak cycle linked to its four-year halving. However, some, like BitMEX’s Arthur Hayes, argue that BTC’s…
A vote from the Senate Commerce Committee concerning a bill designed to deregulate crypto mining in New Hampshire was divided on Thursday, following a notable increase in public feedback regarding the bill since its last discussion.After two deadlocks—one on advancing the bill and another on rejecting it—the committee ultimately voted 4–2 to pass the measure for further review in interim study, as first reported by the New Hampshire Bulletin.House Bill 639 would stop municipalities from setting restrictions on crypto mining, such as regulations concerning electricity consumption or noise, and bar state and local authorities from imposing taxes specific to digital…
Cecilia Hsueh, the Chief Strategy Officer of MEXC, has publicly apologized to crypto trader “The White Whale” and announced the release of over $3 million in previously frozen funds. This represents a significant reversal following months of controversy.The trader has persistently campaigned against the exchange since August over the freezing of his funds. MEXC reportedly also requested an in-person KYC process.Sponsored MEXC Acknowledges Mistakes and Promises ChangesIn a frank post on X, Hsueh admitted that MEXC’s rapid expansion has outstripped its internal systems, stating the exchange’s “risk, operations, and PR teams have not kept pace.”The new CSO accepted responsibility for…
The value of Bitcoin (BTC) is expected to go through cyclical rises and declines, leading to a potential drop of up to 70% during the upcoming market downturn, according to Vineet Budki, the CEO of Sigma Capital.Budki indicated to Cointelegraph at the Global Blockchain Congress 2025 in Dubai, UAE, that a BTC retracement of 65% to 70% could occur in the next two years, stemming from traders’ lack of understanding of the asset they hold. He stated:“Bitcoin will not lose its utility if it falls to $70,000. The issue is that individuals are unaware of its utility, and when people…
Recently, cryptocurrencies that prioritize privacy have captured investors’ attention, becoming one of the leading categories of tokens.As per CoinGecko, which monitors a combined market capitalization close to $22 billion for privacy coins, their value increased by 52.2% in just the past 24 hours. Meanwhile, rival data aggregator CoinMarketCap estimates this category to be nearly $55 billion, with Zcash (ZEC) currently at the forefront.Launched in October 2016, Zcash is one of the first cryptocurrencies focused on privacy. It traded below $80 at the beginning of October but skyrocketed by 375% to reach $380 by Halloween, overtaking Monero (XMR) as the largest…
The Senate Commerce Committee voted on a bill to deregulate crypto mining in New Hampshire on Thursday, amidst a surge in public feedback since its last discussion.After two deadlocks—once for advancing the bill and again for rejecting it—the committee ultimately voted 4–2 to send the measure for further review in interim study, as first reported by the New Hampshire Bulletin.House Bill 639 aims to prevent municipalities from imposing restrictions on crypto mining, such as regulations on electricity consumption or noise, as well as prohibit state and local authorities from levying taxes specific to digital assets.If approved, the bill would also…
Bitcoin is currently at a critical support level for this cycle, placing the market at what crypto analyst Dom (@traderview2) describes as a “fork in the road.” His assessment is straightforward: if Bitcoin fails to stabilize and regain crucial levels swiftly, it risks breaking the structure that has characterized this entire rally — leading him to anticipate a downturn. “This is Bitcoin’s last opportunity to maintain this level and extend higher,” he stated during a live analysis stream on October 29. “If Bitcoin doesn’t find its footing here within the next week or two, I believe it will break down,…