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.
Ether ETH$4,027.90 fluctuated around $4,023 after successfully defending the $4,000 mark multiple times. Arkham reported on Oct. 28 that BitMine withdrew roughly $113 million worth of ETH from Bitgo while actively “buying the dip.” In a press release dated Oct. 27, Bitmine Immersion Technologies (BMNR) disclosed its total crypto, cash, and “moonshot” holdings amounted to $14.2 billion, which includes 3,313,069 ETH, $305 million in liquid cash, as well as smaller assets like 192 BTC and an $88 million investment in Eightco. The company claimed to possess the largest ether treasury and emphasized trading liquidity, reporting approximately $1.5 billion in average…
The corporate regulator of Australia has published revised guidance on digital assets, a move that blockchain leaders appreciate while expressing worries about the rapid issuance of licenses.The Australian Securities and Investments Commission revamped its Info Sheet 225 on Wednesday, stating that firms offering crypto services categorized as financial products must register with the Australian Financial Complaints Authority and apply for an Australian Financial Services License by June 30.Bitcoin is not classified as a financial productJohn Bassilios, a crypto attorney and partner at Hall & Wilcox, informed Cointelegraph that per the new guidance, tokens such as Bitcoin (BTC), gaming non-fungible tokens,…
The Crypto Fear & Greed Index has finally emerged from the “fear” zone, transitioning to neutral for the first time in over two weeks as Bitcoin’s price surged to roughly $115,000 over the weekend.Currently, the Crypto Fear & Greed Index measures overall market sentiment at a neutral score of 51 out of 100. This represents an 11-point increase from Saturday’s fearful score of 40 and a rise of more than 20 points since last week, indicating a significant shift in sentiment in recent days. The current Crypto Fear and Greed score. Source: Alternative.me Trump’s tariff announcement regarding China on October 10 caused the…
On Tuesday, Oct. 28, Bitcoin’s price surged unexpectedly, reaching a peak of $116,200 as traders anticipated the imminent interest rate decision and Donald Trump’s meeting with Xi Jinping. Summary Bitcoin’s price soared to $116,200 amid rising expectations of a Federal Reserve cut. The United States released a disappointing consumer confidence report. Amazon and UPS announced significant layoffs. Bitcoin (BTC) has increased by more than 11% from its recent low this month, though it is still significantly below the year-to-date peak of $126,300. Bitcoin Price Surge Before Fed Meeting Several factors contributed to Bitcoin’s sudden rise in the last couple of…
The corporate regulator in Australia has provided updated guidance on digital assets, which has been positively received by blockchain executives, although concerns have been raised regarding the fast-tracking of licenses.The Australian Securities and Investments Commission updated its Info Sheet 225 on Wednesday, announcing that firms offering crypto services deemed as financial products must join the Australian Financial Complaints Authority and apply for an Australian Financial Services License by June 30.Bitcoin not classified as a financial productJohn Bassilios, a crypto attorney and partner at Hall & Wilcox, informed Cointelegraph that the new guidance indicates that tokens like Bitcoin (BTC), gaming non-fungible…
Dr. Sangmin Seo, chair of the Kaia DLT Foundation, argues that the Bank of Korea’s initiative for the banking sector to spearhead the launch of won-denominated stablecoins lacks rationale.In a report released on Monday, the central bank indicated that banks are already governed by rigorous regulations—including capital, foreign exchange, and Anti-Money Laundering standards—that could mitigate risks related to introducing stablecoins in the nation.Concurrently, the BOK seeks to establish a policy consultative body consisting of currency, foreign exchange, and financial authorities to determine the eligibility of issuers, volumes, and other critical factors.Seo conveyed to Cointelegraph that although the central bank’s concerns…
XRP showed a slight increase as trading activity rose, yet momentum indicators point to a potential for short-term consolidation.News BackgroundXRP rose 0.60% to $2.623, with trading volume increasing by about 47% over its seven-day average, reflecting heightened institutional interest despite the absence of strong breakout drivers.The token is still encountering resistance following a rejection around $2.68, with multiple analysts warning that, although bullish chart patterns are visible, the recent momentum may be limited.Price Action SummaryThroughout the session, XRP traded within a $0.11 range, fluctuating between approximately $2.64 and $2.62.A peak volume of around 167.3 million tokens (approximately 140% above the…
The CME-listed futures associated with XRP$2.6304 and Solana SOL$195.44 experienced unprecedented open interest on Monday, indicating a steady demand for regulated products.The global derivatives heavyweight reported a record of 9,900 XRP and micro XRP active contracts on Monday, along with 15,600 open positions in standard and micro SOL futures. Combined, these contracts represented a notional open interest of $3 billion.This achievement underscores the rising acceptance of regulated futures as a favored option for investors looking to gain exposure to digital assets, mitigate risks, and capitalize on the expanding crypto market, as noted by Tim McCourt, the exchange’s Global Head of…
Visa, the global payments leader, is preparing to introduce support for four stablecoins across four distinct blockchains as it aims to enhance its cryptocurrency services.During the company’s fourth-quarter and year-end earnings call on Tuesday, Visa CEO Ryan McInerney informed investors that the company plans to expand its stablecoin portfolio following significant growth over the past financial year.“We are adding support for four stablecoins running on four unique blockchains, representing two currencies that we can accept and convert to over 25 traditional fiat currencies.”While McInerney did not disclose specifics regarding the stablecoins and networks Visa will support, this initiative will enhance…
OceanPal Inc. has successfully secured $120 million to initiate its digital asset treasury strategy, focusing on the NEAR Protocol’s native token. This Nasdaq-listed shipping company joins the trend of traditional firms venturing into digital assets, signifying a broader corporate shift towards crypto adoption. However, OceanPal’s stock experienced a decline post-announcement, indicating potential investor doubts regarding its move towards blockchain holdings.Sponsored SponsoredOceanPal Dives into Digital Assets with $120 Million NEAR BetThe press release states that OceanPal completed a $120 million private investment in public equity (PIPE) to support SovereignAI Services LLC, a subsidiary focused on commercializing the NEAR Protocol.SovereignAI aims to…