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 Kadena Foundation, responsible for the blockchain initially presented as a scalable proof-of-work alternative to Ethereum, has announced it will halt all business operations and dissolve its organization, citing unfavorable market conditions and an inability to maintain active development.The Kadena team stated that they are “no longer able to continue business operations and will cease all activity and active maintenance of the Kadena blockchain immediately,” as shared in an X post.This announcement caused KDA, Kadena’s native token, to plummet over 55% within 24 hours, dropping below 9 cents and erasing nearly all of its five-year price trajectory.(CoinGecko) A small team…
Sure, here’s a rewritten version of the content, retaining the HTML tags: The two-way price movement of Bitcoin BTC$108,083.97 is causing strain for both bullish and bearish traders, highlighting the tough conditions in the market.In just the last day, BTC fluctuated between $107,000 and $113,000, leading to about $600 million lost in both bullish and bearish futures trades. This liquidation wave occurred as traders reduced their leverage on major exchanges, with CoinGlass reporting approximately $355 million in long positions and $301 million in shorts liquidated over 24 hours.Bitcoin was responsible for the majority of these losses, exceeding $340 million, while…
Numerous attempts have emerged over the years to create “crypto cities” — unique zones that utilize blockchain technology — yet most of these initiatives have not succeeded, and crypto leaders believe they understand the reasons behind this.A notable recent project was Akon City, envisioned by Senegalese-American artist Akon. Announced in 2018, it was intended to be a $6 billion smart city with a crypto-driven economy, but it was officially scrapped in July.Satoshi Island, a venture aimed at acquiring an entire island near Vanuatu, launched in 2021 with hopes of building a home for crypto professionals within a blockchain ecosystem. Its…
Jupiter, a decentralized exchange (DEX) on the Solana blockchain, has launched a prediction market centered on the upcoming Formula One Mexico Grand Prix.The platform, powered by Kalshi, a pioneer in event-driven trading, encourages fans and traders to speculate on which driver—be it Max Verstappen, Lando Norris, Oscar Piastri, George Russell, or others—will win. The race is set for Oct. 27, commencing at 19:00 UTC and featuring 71 laps.Kalshi’s support is vital as it introduces established liquidity and regulatory adherence to the market, boosting user trust and stability. This may revolutionize how users interact with real-world events by providing fast, affordable,…
Bealls, a retail chain based in the U.S., is set to accept cryptocurrencies like Bitcoin and USDC as payment through a collaboration with Flexa, a provider of digital payment infrastructure. Summary The U.S. retail chain Bealls has teamed up with Flexa to enable crypto payments. Bealls will utilize Flexa’s payment solution, Flexa Payments, to facilitate cryptocurrency transactions. In a press release on October 20, Bealls Inc., which operates over 660 stores in 22 states, announced it is the first national retailer to accept cryptocurrencies from any crypto wallet app across more than a dozen blockchain networks. source Matt Beal, Chairman…
Peter Brandt, a veteran trader, warns that Bitcoin’s price chart resembles the soybean market from 50 years ago, which experienced a peak followed by a 50% drop as global supply surpassed demand.Conversely, some Bitcoin (BTC) analysts believe the charts indicate potential for further gains.“Bitcoin is creating a rare broadening top on the charts, a pattern notorious for signaling tops,” Brandt informed Cointelegraph.“In the 1970s, Soybeans formed such a top and subsequently lost 50% of their value,” Brandt noted.Bitcoin has dropped 5.32% in the last 30 days. Source: CoinMarketCapBrandt cautioned that if history repeats, the fallout may extend beyond Bitcoin, potentially…
XRP sees a slight increase as trading activity rises, indicating professional positioning ahead of key resistance levels. News Background XRP rose by 0.7% in the last 24 hours, closing around $2.43, with a trading volume that surged 12% above its weekly average. The muted price movement occurs as the wider crypto markets stabilize following bitcoin’s steady ascent and decreased equity volatility. Experts noted that the increase in XRP trading signals renewed institutional interest ahead of looming SEC ETF decisions and Ripple’s active fundraising efforts. Even with modest gains, traders observed that volume-driven accumulation phases often precede significant price movements, especially…
MetaMask, Phantom, and several leading crypto wallets have united with the Security Alliance to create a global phishing defense network, following a staggering $400 million theft by crypto phishers in the first half of 2025.“We’ve collaborated to establish a global phishing defense network aimed at safeguarding more users throughout the ecosystem,” stated the MetaMask team on Wednesday.SEAL indicated that this new defense network will “enable the creation of a decentralized immune system for crypto security, empowering individuals worldwide to thwart the next significant phishing assault.”The “decentralized immune system” comprises MetaMask, Phantom, WalletConnect, and Backpack.This will work alongside SEAL’s newly introduced…
Bitcoin’s BTC$108,665.05 price has recovered considerably since the crash on October 10, yet skepticism remains.A prominent skeptic, a Bitcoin OG who profited $200 million by shorting BTC before the sell-off on October 10—triggered by President Donald Trump’s aggressive tariffs on China—has emerged.This whale placed a new bearish position, escalating it to a $234 million short on BTC through the decentralized exchange Hyperliquid, as per Arkham’s data. The liquidation price for this short is $123,000, which is the threshold at which the position will face a margin call and be liquidated by the exchange.The new short position surfaced as BTC’s rally…
Enhanced clarity in cryptocurrency regulations has led to a remarkable 125% increase in global retail crypto transactions for two consecutive years, as reported by TRM Labs.Retail crypto transactions worldwide surged over 125% from January to September 2025, mirroring similar growth witnessed in 2024, according to the blockchain intelligence company in its latest Crypto Adoption and Stablecoin Usage Report released on Tuesday.The majority of this activity is linked to practical applications like payments, remittances, and value preservation during economic volatility, highlighting the growing role of individuals in the industry’s development.“As the ecosystem has grown, the footprint of crypto activity has diversified,…