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.
Opinion by: Nic Puckrin, founder of CoinBureau The most significant liquidation event in crypto history, erasing at least $19 billion in long positions after US President Donald Trump announced tariffs on China on Oct. 10, revealed disturbing vulnerabilities in the market: insider trading.Onchain data reveals a substantial short position was established on Hyperliquid half an hour before the announcement. As the market crashed, this trader gained $160 million, raising suspicions of market manipulation — with some theorizing that the “whale” involved was connected to the presidential family.Beyond speculation, this incident highlights the persistent problem of potential insider trading in the…
Opinion by: Nic Puckrin, founder of CoinBureau The most significant liquidation event in crypto history, resulting in over $19 billion lost in long positions after US President Donald Trump announced tariffs on China on Oct. 10, revealed a troubling aspect of this emerging market: its susceptibility to insider trading.Onchain analysis indicates that a substantial short position was established on Hyperliquid just thirty minutes prior to the announcement. Following the market’s decline, this trader secured $160 million, raising suspicions of market manipulation — with some speculating that the “whale” behind the trade had connections to the presidential family.While this is just one…
On Wednesday, U.S. spot Bitcoin exchange-traded funds experienced net outflows as investors took the opportunity to realize profits and reposition themselves ahead of Fed Chair Jerome Powell’s upcoming speech. Summary On Wednesday, U.S. Bitcoin ETFs logged $470.7 million in net outflows. Spot ETF funds terminated their inflow streak, with Bitcoin failing to rise despite announced interest rate cuts in the U.S. Jerome Powell has expressed skepticism about the possibility of another rate cut this year. As per SoSovalue’s data, the twelve spot Bitcoin ETFs reported $470.71 million in net outflows on October 29, breaking a four-day streak of inflows that…
Securitize has teamed up with BNY Mellon to introduce a tokenized fund that offers onchain access to AAA-rated collateralized loan obligations. Summary BNY Mellon will oversee the safeguarding of the fund’s assets and manage its portfolio through one of its subsidiaries. Grove, a protocol for institutional credit, aims to support the fund with a $100 million allocation, pending authorization within the Sky Ecosystem. This initiative continues the rising trend of tokenizing real-world assets, following efforts like Ondo Finance’s tokenized U.S. Treasury fund on the XRP Ledger and Centrifuge’s collaboration with S&P Dow Jones Indices to bring the S&P 500 onchain.…
Key takeaways: x402 provides pay-per-use functionality on the internet.The current momentum is driven by infrastructure, led by Coinbase and Cloudflare.PING was a catalyst, but the main focus is on protocol adoption, not the token itself.You can quickly test it by creating an endpoint and verifying the 402 → pay → grant flow.X402 is a simple method for enabling pay-per-use on the internet. When you access a paid application programming interface (API) or file, the server responds with the web’s built-in “402 Payment Required” message, detailing the cost — often just a few cents in USDC (USDC) — and the payment…
Key takeaways: x402 facilitates pay-per-use capabilities online.The current trend is infrastructure-centric, spurred by Coinbase and Cloudflare.PING acted as a trigger, but the focus is on protocol adoption rather than the token.You can quickly test it by setting up an endpoint and validating the 402 → pay → grant process.X402 provides a simple method for enabling pay-per-use on the web. When you access a paid API or file, the server issues the web’s standard “402 Payment Required” message, detailing the cost — often just a few cents in USDC — and the payment destination.You make the onchain payment from your wallet, repeat…
Key insights: x402 facilitates pay-per-use functionality on the web.The present momentum is infrastructure-driven, led by Coinbase and Cloudflare.PING acted as a trigger, but the focal point is on protocol adoption rather than the token itself.You can swiftly test it by creating an endpoint and validating the 402 → pay → grant sequence.X402 provides a simple method to enable pay-per-use on the internet. When accessing a paid application programming interface (API) or file, the server responds with the inherent “402 Payment Required” message from the web, indicating the cost — typically just a few cents in USDC (USDC) — and where to…
On Wednesday, Bitcoin dipped to nearly $108,000, but rebounded above $110,000 on Thursday following a tumultuous trading session that resulted in close to $817 million in leveraged futures liquidations, with long investors bearing the majority of the losses.This retracement occurred just hours after the Federal Reserve announced a widely anticipated 25-basis-point rate cut. However, Chair Jerome Powell tempered the optimistic mood with cautious remarks indicating that a further cut in December isn’t guaranteed.Liquidations happen when traders using borrowed capital are compelled to close their positions because their margins dip below required levels. On cryptocurrency futures exchanges, this is an automatic…
Deal fundamentals: Key players and project overview Evernorth is a newly established “digital asset treasury” with a straightforward concept: Accumulate a significant cash pool and primarily invest in managing XRP. Instead of asking companies to hold the token outright, Evernorth seeks to provide a publicly traded stock that offers exposure to XRP (XRP) through its corporate balance sheet. To expedite its public listing, Evernorth is merging with Armada Acquisition Corp. II, a special purpose acquisition company (SPAC)—a public vehicle that facilitates the transition of private companies to public status. Subject to shareholder and regulatory approval, the combined entity intends to…
Fundamentals of the Deal: Participants and Developments Evernorth represents a newly established “digital asset treasury” with a straightforward concept: Aggregate a significant capital pool to primarily acquire and manage XRP.Instead of necessitating direct token ownership for companies, Evernorth seeks to offer publicly traded shares that provide exposure to XRP through its corporate balance sheet.To expedite its public introduction, Evernorth is merging with Armada Acquisition Corp. II, a special purpose acquisition company (SPAC) that facilitates the public listing of private entities. Subject to approvals from shareholders and regulators, the merged entity plans to be listed on Nasdaq in Q1 2026 with…