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 SUI price may continue to face further losses as the technical indicators remain negative for the asset, despite its recent launch on Robinhood. Summary The SUI price has stayed on a downward trend a day after it began trading on Robinhood. The token experienced $5.64 million in long liquidations yesterday. The supply of stablecoins on the blockchain has decreased over the past week. The Sui (SUI) token has been in decline since August 17, entering a consolidation phase within the $3.40–$3.50 range on August 20. At the time of writing, it was trading at $3.47, which is a 16%…
The stablecoin market has the potential to grow into the trillions of dollars, as stated by global investment bank Goldman Sachs in a research paper titled “Stablecoin Summer.” In an interview with Fortune, a researcher from the firm noted, “this opportunity is considerably untapped at present, with most stablecoin activity driven by crypto trading and the demand for dollar exposure outside the US.” Goldman Pushes Bold Forecast Goldman Sachs released a research paper identifying stablecoins as a financial force with potential worth trillions. The investment bank anticipates that the current $271 billion global market could quickly grow as regulations provide…
Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Grab a green tea and watch this space. South Korea’s central bank supports cautious won stablecoin development while the ruling party accelerates digital asset legislation. OpenAI’s GPT-6 memory announcement failed to uplift AI crypto tokens, underscoring the disconnect between technological advancements and market sentiment. South Korea’s BOK Governor Backs Won Stablecoin with Bank-First Approach Bank of Korea Governor Rhee Chang-yong made his first public remarks on stablecoins since the new administration took office. Speaking to parliament’s finance committee on Tuesday, Rhee…
Key altcoins such as Ether and Solana are significantly outshining Bitcoin. BNB, the token associated with BNB Chain, surged 6% to reach a new peak of 875. Bitcoin’s market share is close to hitting a new six-month low. In an impressive show of resilience, a strong group of prominent altcoins made a remarkable resurgence on Wednesday, overshadowing Bitcoin and ignoring a wave of risk aversion that dragged traditional stock markets down. This shift indicates a possible changing of roles, as leadership within the digital asset market seems to be transitioning, at least temporarily, from Bitcoin to its altcoin counterparts. The…
Panelists at the Wyoming Blockchain Symposium stated that it’s not too late for the United States to align with the crypto regulatory frameworks found in other regions, although they cautioned that failure to act could result in stagnation, putting the US at a disadvantage compared to other nations.“I don’t think it’s too late, even with the Markets in Crypto Assets (MiCA) in the European Union (EU),” said Sylvia Favretto, general counsel and corporate secretary at Mysten Labs, the company behind the Sui network, said.She emphasized that the window of opportunity is “small” and called for immediate action. Stuart Alderoty, chief…
The price of Bitcoin is attempting to bounce back from $112,500. BTC has risen above $114,000 but encounters several obstacles on its climb to $120,000. Bitcoin has initiated a recovery wave over the $113,500 threshold. The price remains below $115,000 and the 100-hour Simple Moving Average. A significant bearish trend line is forming, showing resistance at $114,800 on the hourly chart of the BTC/USD pair (data sourced from Kraken). The pair could potentially see another uptrend if it breaks through the $115,000 resistance zone. Bitcoin Price Gains Support After closing below $115,500, Bitcoin initiated a new downward trend. BTC gathered…
Certainly! Here’s a rewritten version of the content while keeping the HTML tags intact: Summary Windtree has announced that its shares will be halted from trading on Nasdaq this Thursday due to not meeting the $1 minimum bid requirement. Last month, the company indicated its intention to invest up to $700 million in Binance’s BNB token. Decrypt was informed that struggling companies transitioning into crypto treasuries may lack substantial backing beyond the narrative. Windtree Therapeutics, a drug development firm based in Pennsylvania, is set to be delisted from Nasdaq, just over a month after its failed $700 million shift into…
Cameron and Tyler Winklevoss, co-founders of the cryptocurrency exchange Gemini, announced that they have donated over $21 million in Bitcoin to a political action committee (PAC) aimed at supporting US President Donald Trump’s crypto initiatives with a Republican-controlled Congress.On Wednesday, Tyler Winklevoss noted that they contributed more than 188 Bitcoin (BTC), valued at approximately $21 million at the time, to the Digital Freedom Fund PAC. The Gemini co-founders stated that their intention with this donation was to “support President Trump and his Administration’s efforts” on crypto policies by influencing the upcoming 2026 US midterm elections, advocating for market structure legislation,…
Main Points:XRP indicates a bearish descending triangle on the daily chart, posing an 18% risk of dropping to $2.40.A decrease in daily active addresses shows lowered transaction activity and diminishing XRP demand.Spot taker CVD is negative, indicating decreasing investor interest.XRP (XRP) is trading 23% below its multi-year high of $3.66, with multiple indicators pointing to a potential decline toward $2.40.According to Cointelegraph Markets Pro and TradingView, XRP is trading beneath a descending triangle pattern in the daily timeframe, as illustrated in the chart below.A descending triangle is a bearish pattern, marked by a flat support line and a declining upper…
The cross-chain bridge Wormhole is preparing to counter LayerZero’s $110 million offer for the crypto protocol Stargate, claiming that LayerZero’s bid fails to present a convincing proposal.The Wormhole Foundation stated in a forum post on Stargate’s site on Wednesday that a “more competitive process” is warranted after LayerZero’s initial bid in August did not resonate with the community. LayerZero revised its offer on Sunday, garnering better reception.“It does not make a convincing offer, which values Stargate’s ongoing business at an unrealistically low figure,” Wormhole expressed regarding LayerZero’s bid. “We are ready to make a significantly higher offer.”This upcoming bid could…