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.
MegaETH is empowering bidders with valuation authority. The real-time blockchain announced it will auction 5% of its token supply on Oct. 27 via Echo’s Sonar platform, starting with a $1 million valuation and a cap under $1 billion. Summary MegaETH will auction 5% of its MEGA token supply on Oct. 27 via Echo’s Sonar platform. The English auction is designed to curb inflated valuations and create a diverse base of non-insider investors. A “U-Shaped Allocation” system will follow for oversubscription, prioritizing verified contributors. According to an announcement on Oct. 22, the project will utilize an English auction for the 5%…
Bitcoin is not “crypto” An X post from Jack Dorsey sparked an enduring debate: Is Bitcoin part of “crypto” or a distinct category? On Oct. 19, 2025, Jack Dorsey shared three words on X: “bitcoin is not crypto.” His post quickly gained traction across the platform and in the media. Dorsey has consistently argued that Bitcoin should be considered money with its own set of rules and history, separate from the broader token marketplace. Source: Jack Dorsey Dorsey contends that Bitcoin (BTC) occupies a distinct category. Launched without a foundation or premine, its governance is conservative. The network is oriented…
Kraken, the crypto exchange, saw its revenue more than double in the third quarter as it prepares for a public listing anticipated next year.The company, officially known as Payward Inc., reported $648 million in revenue for Q3, marking a 114% increase from the same period last year. Kraken calculates revenue as gross income under GAAP accounting after deducting trading costs.Adjusted earnings before taxes and other items reached $178.6 million, in contrast to a slightly negative figure the previous year. This reflects a 124% increase from the last quarter, with total volume rising 23% to $561.9 billion during the same time…
The Financial Conduct Authority (FCA) of the U.K. has announced a lawsuit against the cryptocurrency exchange HTX for illegally marketing digital asset services within the country.Legal proceedings were initiated by the FCA in London’s High Court against the platform previously known as Huobi, as detailed in a statement sent via email on Thursday.The regulator had already warned since 2023 that HTX, acquired by Tron founder Justin Sun in 2022, as noted by the Bloomberg Billionaires Index, might be offering unauthorized financial services. The FCA’s statement did not mention Sun.Previously, the FCA urged consumers to steer clear of Huobi, citing its…
Bitcoin is not “crypto” A recent X post from Jack Dorsey has reignited the debate: Is Bitcoin a part of “crypto” or a distinct entity? On Oct. 19, 2025, Jack Dorsey tweeted “bitcoin is not crypto.” The statement quickly sparked discussions on the platform and in the media. It embodies his long-held belief that Bitcoin should be seen as a form of money with its unique regulations and history, separate from the wider token market. Source: Jack Dorsey Dorsey believes Bitcoin (BTC) occupies a unique category. It launched without a foundation or pre-mined coins and is governed conservatively. The network…
Ethereum (ETH) is still struggling to break through the $4,000 barrier following several unsuccessful recovery attempts. Even with the overall market showing stability, the second-largest cryptocurrency has difficulty turning this crucial psychological level into support.The persistent selling pressure from long-term holders (LTHs) remains a significant challenge, hindering Ethereum’s ability to regain upward momentum.Ethereum Holders Are SellingRecent exchange net position data indicates a significant change in trader behavior over the last 10 days. Outflows from exchanges, often seen as a sign of accumulation, have sharply declined. This slowdown suggests that investors are hesitating to purchase, reflecting uncertainty regarding Ethereum’s short-term prospects…
The price of Bitcoin has pulled back to approximately $108,300 today after briefly reaching $114,000 on Tuesday, as traditional safe-haven assets continue to depreciate. Spot gold dropped to as low as $4,034 per ounce, extending its significant losses from earlier this week, while silver remained nearly 8% down. These movements come in response to remarks from Federal Reserve Governor Christopher Waller, who introduced plans for a “skinny master account” initiative that would grant eligible fintech and crypto companies limited access to the Fed’s payment system — a move perceived as integrating digital assets more closely with traditional finance. Waller’s comments…
Analyst Geoffrey Kendrick has put his $135,000 BTC target for the third quarter on hold for the time being. He anticipates a short-term drop below the six-figure mark, viewing it as an opportunity for the next upward movement.
The governance token of DeFi lender Aave AAVE$222.20 gained over 2% early Wednesday, climbing above $220 after recovering from initial losses tied to a new community proposal for a $50 million token buyback initiative.This movement followed a turbulent trading session where prices fluctuated more than 10% within a $22.55 intraday span, with AAVE sharply recovering from a low of $214.25, according to CoinDesk Research’s analysis model. The token also experienced a 23.68% increase in trading volume compared to the weekly average. Nevertheless, despite the recovery, it remained 5% lower than Tuesday’s peak.While this uptick reflected a slight rebound in the…
Chinese AI models are surpassing their US counterparts in cryptocurrency trading, as reported by blockchain analytics platform CoinGlass, amid escalating competition between top generative AI chatbots.On Wednesday, the ongoing crypto trading experiment saw AI chatbots DeepSeek and Qwen3 Max from China leading the way, with DeepSeek achieving a notable positive unrealized return of 9.1%.Following closely, Alibaba Cloud’s Qwen3 recorded a 0.5% unrealized loss, while Grok managed a 1.24% unrealized loss, according to CoinGlass data.In stark contrast, OpenAI’s ChatGPT-5 fell to the last position, incurring an over 66% loss, reducing its initial account value of $10,000 to merely $3,453 at the…