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 multi-agent protocol Adapt, or ANP3, has been chosen as the inaugural project to debut on Sui ecosystem’s AI launchpad, Surge. This initiative is recognized for enabling quantitative trading. Summary Surge, Sui’s new AI launchpad, has selected Adapt, a multi-agent quantitative trading protocol, as its first project from over 70 submissions. Adapt’s ANP3 protocol connects AI-driven trading agents to create a self-learning, interoperable DeFi network that facilitates autonomous market-making and liquidity optimization. On October 29, Sui’s AI launchpad, Surge, announced the selection of the multi-agent protocol Adapt as the first project to launch on its ecosystem. The project stood out…
This could be one of the largest missed chances for wealth generation in Bitcoin’s history, leaving behind a legacy of corruption, revenge, and extortion.The unusual saga began ten years ago in the Caucasus mountains of Georgia. The individual who lost out on what might now be a $21 billion fortune is Georgia’s reclusive leader. He has since resorted to using the force and resources of a nation-state to retrieve what he failed to acquire when he turned down a reputable offer to mine Bitcoin in the early days of cryptocurrency.I first learned fragments of this tale this past summer, from…
BONK-USD continued its decline on Tuesday, dropping 3.4% to $0.0000143 as the Solana-based meme token faced renewed downward pressure across the broader market.This drop represented a significant break below the $0.0000146 support level, which had been stable for much of the previous week, thereby confirming a short-term bearish trend, according to CoinDesk Research’s technical analysis data model.The 24-hour trading range fluctuated around $0.0000090, demonstrating 6.2% intraday volatility typical of BONK’s speculative nature. Trading volume surged to 1.26 trillion tokens around 20:00 GMT, reflecting a 122% increase over the 24-hour average, indicating active participation from institutional and algorithmic traders during the…
Cardano’s ADA token experienced a significant decline on Wednesday, dropping over 3% to 64 cents, as it breached a crucial support level, signaling a shift in market sentiment, according to data from CoinDesk Analytics.This downward movement initiated on Tuesday when trading volume surged 67% above its 24-hour average. Approximately 183 million tokens were traded as ADA fell below 64.5 cents, triggering sell-offs and pushing toward lower support areas.This shift reflects increasing uncertainty in altcoin markets as institutional investments turn negative. CoinShares reported $300,000 in outflows for ADA this week, following $3.7 million in inflows the week prior. Analysts cite delays…
Brett Harrison, the former President of FTX US, is initiating a new project that aims to integrate one of the most notable—and controversial—crypto trading instruments into mainstream finance.His company, Architect Financial Technologies, has gained approval in Bermuda to provide perpetual futures contracts linked to traditional assets like stocks, indexes, commodities, foreign currencies, and interest rates, as reported by Bloomberg on Wednesday.Source: BloombergPerpetual futures, or “perps,” enable traders to take leveraged long or short positions without the limitation of contract expiry. To maintain price alignment with spot markets, exchanges implement a funding rate mechanism, which involves periodic payments between long and…
MicroStrategy (MSTR), the largest corporate holder of bitcoin BTC$111,111.35 and historically viewed as a leveraged investment in the crypto space, has experienced a loss of nearly $18 billion in market value as excitement waned and its net asset value (mNAV) premium significantly fell in recent months.However, the stock might be on the brink of recovery as several crucial catalysts could potentially reverse the bearish trend as early as this week, according to a recent report from 10x Research’s Markus Thielen, who had previously been pessimistic about the stock.”At the current price, with the NAV premium largely erased, rising volatility, and…
Recent reports indicate that numerous asset managers have amended their filings for spot XRP exchange-traded funds, introducing tickers like GXRP and XRPZ. Related Reading This regulatory movement is one of the factors market observers believe is bringing XRP back into the spotlight. Meanwhile, Ripple’s recent acquisition of GTreasury for $1 billion has been noted by analysts as a significant step towards entering the $120 trillion corporate treasury market. These developments collectively sustain a sense of optimism among traders and community members. Analyst Predicts Accelerated Timeline In social media discussions, the analyst known as 24hrscrypto1 has expressed to followers that “something…
Corporate digital asset activity remained subdued week over week following the repercussions of recent crypto deleveraging, with Wall Street broker B. Riley reporting that capital flows began to stabilize as U.S.-China trade negotiations progressed.Earlier this month, the broker initiated coverage of digital asset treasury companies (DATCOs) BitMine Immersion Technologies (BMNR), SharpLink Gaming (SBET), FG Nexus (FGNX), Kindly MD (NAKA), and Sequans Communications (SQNS), granting each a buy rating.”Despite the market’s weakness, DATCOs have continued to accumulate crypto,” noted analysts Fedor Shabalin and Nick Giles in their Wednesday report.BitMine Immersion led its competitors, adding approximately $300 million in ether ETH$3,962.02 and…
In today’s crypto news, Grayscale Investments has introduced its staking-enabled Solana ETF on NYSE Arca, marking it as the second Solana ETP manager in the US. Ethereum’s Fusaka fork has launched on its final testnet, and Polymarket is set to relaunch trading services in the US in just a few weeks.Grayscale launches Solana ETF, joining Bitwise in SOL staking ETF competitionGrayscale Investments has unveiled its staking-enabled Solana spot exchange-traded fund (ETF), providing more institutional access to Solana assets.As stated in a Wednesday announcement, the Grayscale Solana Trust ETF has begun trading under the GSOL ticker on the NYSE Arca platform.…
Cryptocurrency exchange Binance is teaming up with Bubblemaps, a blockchain data platform, to offer users of its non-custodial Web3 Wallet enhanced insights into potential insider trading and token manipulation.This integration will enable millions of Binance Web3 Wallet users to access Bubblemaps’ blockchain data visualization tools, which display token distribution and on-chain wallet clusters. The goal is to add “layers of transparency” to the Binance experience, as stated in a Wednesday announcement shared with Cointelegraph.By analyzing a token’s distribution patterns, Binance intends to assist traders in identifying insider trading activities and other coordinated market behaviors.“As more traders and activities transition on-chain,…