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.
Two Democratic lawmakers from the US Senate Banking Committee and Senate Agriculture Committee, set to vote on a market structure bill shortly, have indicated their opposition to the legislation unless an investigation into two White House officials is conducted.In a letter addressed Tuesday to officials from the US State Department, Commerce Department, and Department of Ethics, Senators Elizabeth Warren and Elissa Slotkin requested that authorities look into US President Donald Trump’s AI and crypto advisor, David Sacks, and his Special Envoy to the Middle East, Steve Witkoff. The two senators made it clear that, without clarity on whether “politically connected…
The number of crypto millionaires globally has surged by 40%, reaching 241,700. This increase aligns with a digital asset market valuation exceeding $3.3 trillion by mid-2025, according to the 2025 Crypto Wealth Report from investment migration consultancy Henley & Partners. This growth is primarily fueled by Bitcoin’s strong price performance and increasing institutional acceptance.Sponsored Sponsored Bitcoin Created 145,100 New Millionaires, Up 70% YoY The total number of investors holding over $1 million in BTC has risen by 70% year-over-year, reaching 145,100. Roughly 60% of the 241,700 crypto millionaires derive their wealth from Bitcoin, with 450 categorized as centimillionaires owning $100…
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Key insights:Ether outperformed Bitcoin by 75% in Q3, yet showed slight underperformance in September.Weak retail investor engagement contrasts with strong institutional inflows.In Q3, Ether (ETH) surged 75% relative to Bitcoin, and traders remain optimistic about the altcoin potentially reaching $5,000 by 2025, despite recent price fluctuations.Data from Glassnode reveals sustained interest from futures traders in Ether. The current open interest dominance for Ether is at 43.3%, ranking fourth all-time, while Bitcoin maintains 56.7%. Additionally, Ethereum’s perpetual futures volume dominance reached an all-time high of 67%, indicating a significant shift in trading activity toward Ether. BTC vs. ETH perpetual futures volume dominance.…
Australia is set to enhance regulations for crypto service providers through draft legislation aimed at applying finance sector laws to crypto exchanges.During a crypto conference on Thursday, Assistant Treasurer Daniel Mulino stated that this legislation is “the cornerstone of our digital asset roadmap,” which the Albanese Government unveiled in March.“This is a preliminary draft of the legislation, and we are welcoming feedback from stakeholders on its clarity and effectiveness before moving forward,” he noted.At present, crypto exchanges that facilitate trading of assets like Bitcoin (BTC) only need to register with the Australian Transaction Reports and Analysis Centre (AUSTRAC), which currently…
Main Highlights:Bitcoin staged a significant rebound on Wednesday, yet traders might encounter substantial selling pressure around $117,500.Many prominent altcoins are likely to experience selling on upward movements, but BNB and AVAX could resume their upward trajectory.Bitcoin (BTC) surged past $113,900 on Wednesday, suggesting that bullish investors are actively buying during dips. Strategy Executive Chairman Michael Saylor remarked on CNBC that ongoing purchases by large BTC exchange-traded funds on behalf of institutional investors, alongside a rise in corporate BTC adoption, could reignite the BTC rally as the year draws to a close.Glassnode’s latest weekly report also indicated that BTC might reach…
Key takeaways:Ether surged 75% against Bitcoin in Q3, but has seen a slight decline in September.Retail investor involvement has been low, diverging from institutional trends.Ether (ETH) experienced a 75% rally compared to Bitcoin in Q3, and despite recent price fluctuations, traders remain optimistic about reaching $5,000 in 2025.According to Glassnode data indicated, futures traders are predominantly focused on Ether, with its open interest dominance at 43.3%, the fourth-highest recorded, while Bitcoin holds 56.7%. Furthermore, Ethereum’s perpetual futures volume dominance has reached a record high of 67%, marking a significant shift in trading activity towards Ether.BTC vs. ETH perpetual futures volume…
A US Senate committee will hold a hearing next week to discuss the taxation of digital assets, aligning with the White House’s crypto report released in July.The hearing, led by Finance Committee chair Mike Crapo, is scheduled for Wednesday, featuring testimony from Coinbase’s vice president of tax, Lawrence Zlatkin, and Coin Center’s policy director, Jason Somensatto, according to the notice released on Wednesday.Source: Eleanor TerrettThis action follows the White House Digital Asset Working Group’s recommendations from July, which advised lawmakers to classify crypto as a new asset class and adapt current tax regulations for securities and commodities to cover digital…
Tokenization of real-world assets (RWAs) is attracting institutional interest. Market participants are questioning whether RWAs are the next phase of financial innovation or a speculative bubble prone to collapse. BeInCrypto had an exclusive conversation with market analyst Michael Van de Poppe, who underscored how the RWA market could reshape global finance in the years ahead. Growth of Real World Asset TokenizationSponsored The RWA market has exploded from $29.6 billion to $72.85 billion over the past year, representing a 143% increase. This significant growth reflects escalating investor confidence in tokenized assets that connect traditional finance with blockchain ecosystems. RWA Market Capitalization.…
The price of Bitcoin is currently engulfed in uncertainty as chaotic subwave formations collide with a significant resistance at $113,000. While there are signs of a market recovery, the ambiguous wave patterns leave traders split on whether the next movement will be a breakout or a more profound correction. Chaotic Subwaves Obscure Bitcoin’s Next Direction TARA, a crypto analyst, recently published new insights on X concerning Bitcoin’s current price movements. The analyst suggests that Bitcoin is in the process of constructing another downward wave, although the subwave structure remains convoluted and ambiguous. This lack of clarity complicates the prediction of…