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.
Market analysts suggest that institutional investors might focus on altcoins as a new wave of cryptocurrency exchange-traded funds (ETFs) emerges in the United States.In the first half of October, the US Securities and Exchange Commission (SEC) received at least five new altcoin ETF applications, despite delays caused by the ongoing government shutdown.Leon Waidmann, head of research at Web3 analytics firm Onchain, stated that each approval could “open the door for the next wave of institutional buying.”“With Bitcoin and Ethereum ETFs proving institutional demand, altcoin ETF inflows are the inevitable next step,” Waidmann told Cointelegraph. “This indicates regulatory confidence translating into…
Market analysts suggest that institutional investors might shift focus to altcoins with the impending arrival of cryptocurrency exchange-traded funds (ETFs) in the United States.During the first half of October, the US Securities and Exchange Commission (SEC) received at least five new altcoin ETF filings, even as the ongoing US government shutdown hampers progress.Leon Waidmann, head of research at Onchain, remarked that each approval could “open the door for the next wave of institutional buying.”“Following the institutional demand seen with Bitcoin and Ethereum ETFs, altcoin ETF inflows are the next inevitable step,” Waidmann told Cointelegraph. “This reflects regulatory confidence translating into…
Bitcoin (BTC) traders are expecting a local bottom to form in mid-November, as the 50-day simple moving average (SMA) approaches crossing below the 200-day SMA near $100,000—a scenario that has historically indicated local bottoms.Additionally, some analysts are examining lunar phases alongside price charts, observing that First Quarter moons often precede rallies that extend into Full or Third Quarter moons. These diverse approaches, combining classic technical analysis with lunar phase timing, are gaining interest as Bitcoin tests crucial support levels.Death Cross and Key Support Levels Indicate November BottomThe anticipated convergence of Bitcoin’s 50-day and 200-day SMAs, referred to as a death…
Following the Federal Reserve (Fed)’s decision to implement a 25-basis-point rate cut, Bitcoin (BTC) has experienced a nearly 4% decline in the last 24 hours, breaking below its local range low for the first time in a week. Various analysts caution that the closing price for this week is critical for Bitcoin’s short-term outlook. Related Reading Bitcoin Price at a Pivotal Weekly Close On Thursday, Bitcoin fell beneath the recently retrieved $110,000 threshold, hitting a weekly low of $106,700. The cryptocurrency has been contained within the $108,000-$120,000 price band since July but has struggled to regain its previous highs following…
Nordea, the largest bank in Scandinavia, has revised its approach to cryptocurrency amid increased adoption and clearer regulations. The bank announced that customers will have access to an external Bitcoin-linked exchange-traded product (ETP) starting in December.This Bitcoin ETP, created by the digital asset investment firm CoinShares, uses Bitcoin (BTC) as its underlying asset, Nordea reported on Thursday.The ETP will be available as an “execution-only offering,” meaning customers can purchase the product without receiving advice from Nordea, the bank clarified.According to its half-year results published in July, Nordea manages over $286 billion in assets and has an estimated customer base exceeding…
Institutional investors might focus on altcoins as a new wave of cryptocurrency exchange-traded funds (ETFs) emerges in the United States, according to market analysts.The US Securities and Exchange Commission (SEC) has received at least five new altcoin ETF applications in early October, despite the ongoing US government shutdown delaying progress.Each approval could “unlock the next wave of institutional purchases,” said Leon Waidmann, head of research at Web3 analytics firm Onchain.“Altcoin ETF inflows are the inevitable next step following the demonstration of institutional demand through Bitcoin and Ethereum ETFs,” Waidmann told Cointelegraph. “This reflects regulatory confidence translating into capital flows.”Ether ETFs…
Bitwise’s chief investment officer, Matt Hougan, attributes his positive outlook on the layer-1 blockchain Solana to two primary factors that distinguish it from competitors like Ethereum.“I love investments that offer me two opportunities to succeed,” Hougan stated in an X post on Thursday, describing how Solana (SOL) is making a “bet” that the stablecoin and tokenization infrastructure market will expand, and that it will “capture an increasing share of that market,” which “seems like promising bets to me.”“I believe people significantly underestimate how rapidly and extensively these technologies will transform markets. It’s easy for me to envision this market increasing…
Brian Armstrong’s last-minute crypto mention turned a $4,000 prediction market into a joke. With just a few words, the Coinbase CEO triggered payouts on every bet involving “Bitcoin,” “Ethereum,” and “Web3.”It was a sparse market, where the biggest winner netted only $111, as reported by Polymarket Analytics.However, if Armstrong’s unexpected comments illustrated the absurdity of prediction markets, the New York City mayoral market, boasting $22 million in open interest, demonstrates their seriousness. Shifting the odds there by just 10 percentage points would require approximately $1 million in concentrated buying power.This is due to Polymarket’s open interest indicating real funds in…
Bitcoin founder Satoshi Nakamoto’s holdings have reportedly lost nearly $5 billion in value. Summary Satoshi’s Bitcoin holdings decreased by nearly $5 billion in just one day The Bitcoin creator has not moved any satoshis in over 15 years A correction in the crypto market has erased billions in market capitalization, impacting even its largest holder. On Thursday, October 30, Satoshi Nakamoto’s Bitcoin holdings have reportedly seen a decrease of almost $5 billion. Even though the Bitcoin (BTC) founder has not transferred any funds from the numerous wallets attributed to him, their value still dipped. The fiat valuation of these holdings…
Bitwise’s chief investment officer Matt Hougan shares his optimistic perspective on the layer-1 blockchain Solana, attributing it to two key elements that differentiate it from competitors like Ethereum.“I love investments that offer me two avenues to succeed,” Hougan stated in a post on X on Thursday, clarifying that Solana (SOL) is betting on the expansion of the stablecoin and tokenization infrastructure market, and expects to “capture an increasing share of that market,” which he believes are promising bets.“People significantly underestimate how swiftly and extensively these technologies will transform markets. I can easily envision this market expanding by 10 times or…