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.
Key takeaways:XRP fractal suggests a rally of 12% to 18% in November.On-chain data shows record XRP withdrawals, enhancing bullish potential.XRP (XRP) is poised to conclude October in the negative, having declined more than 7.5% to date this month, despite a remarkable 109% recovery from mid-October lows.XRP/USD daily chart. Source: TradingViewThis rebound is occurring alongside positive developments, including Evernorth’s $1 billion XRP treasury acquisition and Ripple’s favorable reference to the token in its Hidden Road purchase announcement.These fundamentals bolster XRP’s prospects for further recovery in November. But how high can the price climb? Let’s explore.XRP targets a double-digit rally in NovemberXRP’s…
Binance co-founder Changpeng “CZ” Zhao has dedicated the past year to re-establishing his influence after serving four months in prison for breaching US Anti-Money Laundering (AML) regulations.Binance faced a $4.3 billion penalty, while Zhao personally paid a $50 million criminal fine and received a lifetime ban from holding an executive position at the exchange.Since his release in September 2024, Zhao reemerged with various government advisory roles. He engaged with memecoins through his posts on X, countering allegations from The Wall Street Journal that he was seeking influence through connections with the Trump family and the World Liberty Foundation.In mid-September 2025,…
BitMine Immersion Technologies (BMNR), the digital asset treasury firm focused on Ethereum and led by Thomas Lee from Fundstrat, announced it acquired 77,055 ether ETH$4,121.15 in the last week, amounting to approximately $320 million based on Monday’s prices.BitMine’s stock increased by 4.5% during Monday’s session, coinciding with a nearly 5% rise in ETH, surpassing $4,100 over the weekend.This acquisition elevates the company’s holdings to over 3.31 million ETH, roughly 2.8% of the overall ETH supply. Total assets have risen to $14.2 billion, comprising various cryptocurrencies including a small bitcoin BTC$114,157.56 position, shares in WLD$0.9084 and cash, solidifying its status as…
S&P Global Ratings has assigned a “B-” credit rating to Michael Saylor’s Strategy, categorizing it within the speculative, non-investment-grade range — commonly termed a “junk bond” — but noted that the Bitcoin treasury company maintains a stable outlook.“We consider Strategy’s high bitcoin concentration, limited business scope, weak risk-adjusted capitalization, and low US dollar liquidity as significant weaknesses,” the credit rating organization stated in a review of Strategy on Monday.Strategy has built its 640,808 BTC treasury primarily through equity and debt financing. The stable outlook assumes that the company will prudently handle convertible debt maturities and maintain preferred stock dividends, possibly…
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Sure! Here’s the rewritten content while keeping the HTML tags intact: Despite Bitcoin trading at historic highs, Michael Saylor’s Strategy continues to acquire the asset. Summary Michael Saylor added 390 Bitcoins to his holdings for $43 million, averaging $111,111 each This marks the third Bitcoin acquisition made by the company in October Strategy retains its position as the leading corporate holder of Bitcoin, with a total of 640,808 BTC While the market speculates on whether Bitcoin is overheated, Michael Saylor remains active in purchasing, reflecting his unwavering faith in BTC’s future. On Monday, September 27, Strategy disclosed the acquisition of…
The technology powerhouse IBM has introduced a cryptocurrency platform aimed at US institutions, marking one of its most significant advancements into digital assets and blockchain technology.By the end of this year, IBM’s platform will provide US businesses and governmental organizations with crypto custody and payment services, focused on streamlining the integration of digital assets into the existent financial framework.The new initiative, named “Digital Asset Haven,” will allow institutions to access onchain yield from decentralized finance (DeFi) protocols across 40 public blockchain platforms. Additionally, it will facilitate the complex token compliance requirements of institutions using the same service.According to an IBM…
Traditionally, October has been a month of significant gains in the crypto market, so investors might aptly use the term “uptober” when bitcoin BTC$114,141.14 reached an all-time high on Oct. 6.However, the events that followed turned out to be one of the most damaging months on record, even with BTC trading just slightly higher than it was on Oct. 1.The celebrations on Oct. 6, with bitcoin above $126,000, came to a sudden halt just three days later as a liquidation cascade disrupted any upward movement, sending prices crashing to $107,000. A small rebound to $116,000 was quickly sold off, leading…
Bitcoin BTC$114,148.97 lender Ledn announced on Monday that it has surpassed $1 billion in loan originations this year, marking its most successful quarter to date.The Toronto-based company issued $392 million in BTC-backed loans during the third quarter alone, nearly reaching the firm’s total loan volume for all of 2024. Ledn also reported $100 million in annual recurring revenue (ARR).The company indicated that this growth reflects an increased demand for credit products secured by bitcoin rather than liquidating holdings. This growth aligns with Ledn’s decision to cease support for ether ETH$4,126.91 loans and shifted to a bitcoin-only loan model in May.”This…
The PEPE cryptocurrency, inspired by memes, dipped almost 2% in the last 24 hours, ending at $0.000007199, falling behind both the overall cryptocurrency market and the memecoin category.The broader crypto landscape, represented by the CoinDesk 20 (CD20) index, increased by 0.5% in the past 24-hour timeframe, whereas the memecoin sector saw a decline of 1.91% according to the CoinDesk Memecoin Index (CDMEME).Even with the dip, trading activity remained largely stable, with activity just 7.55% above the weekly average, as reported by CoinDesk Research’s technical analysis data model. This trend suggests that the decline may be attributed to normal profit-taking rather…