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 government of British Columbia has decided to prohibit new crypto mining connections to the hydro power grid due to an extraordinary surge in electricity demand.In a statement released on Monday, the British Columbia (BC) government unveiled new legislation aimed at boosting the economy and assisting the state-owned electric utility, BC Hydro, in managing its power availability.“There are significant opportunities in British Columbia’s traditional natural resource sectors, including mining, natural gas, and LNG, as well as in emerging sectors like data centers and artificial intelligence (AI). The success of proposed major projects relies on access to reliable, clean electricity at…
Coinbase, the crypto exchange, has invested $25 million to acquire and burn a non-fungible token (NFT) aimed at reviving the once-popular crypto podcast, UpOnly.On Tuesday, Coinbase CEO Brian Armstrong confirmed that the “rumors are true,” stating that the purchase of the NFT is meant to bring back the UpOnly podcast for a new season.Onchain data from Arkham Intelligence also confirmed that Coinbase transferred $25 million USDC to a wallet managed by podcast host and crypto influencer Jordan Fish, known as “Cobie.”The original UpOnly podcast gained popularity during the 2021 bull market, featuring interviews with influential figures in the crypto space.…
Blockchains owned and managed by corporations will ultimately fade away, as users are unlikely to support a network dominated by a central authority, claims Eli Ben-Sasson, co-founder and CEO of blockchain firm StarkWare.In a post on X, Ben-Sasson asserted his belief that “corporate” chains will not endure, as they contradict a core principle of blockchain, which necessitates the removal of central authority.“The fundamental aspect of blockchain is a framework that eliminates a central authority. This approach comes with challenges: a complex technology that is difficult to create and use. Even if we implement AA for a simplified user experience, the…
According to analyst Willy Woo, the upcoming crypto bear market may be particularly severe, influenced by a business cycle downturn unprecedented in the cryptocurrency space.On Monday, Woo stated that the next bear market “will be defined by another cycle people forget about,” said Woo.He noted that past cycles have primarily revolved around Bitcoin halving events every four years and the M2 global money supply.“Central banks inject M2 debasement in four-year cycles [and] both superimpose,” he explained.However, Woo clarified that the next bear market will be dictated by the business cycle. The previous significant business cycle downturns occurred in 2008 and…
Ronaldo is a seasoned crypto enthusiast fully engaged in the dynamic and rapidly changing industry. With over five years of dedicated research, he has developed a deep-seated interest in the realm of cryptocurrencies. Ronaldo’s adventure began with a spark of curiosity, quickly evolving into a profound enthusiasm for grasping the nuances of this revolutionary technology. Fueled by an unquenchable desire for knowledge, Ronaldo has plunged into the crypto landscape, examining its many dimensions, from blockchain basics to market trends and investment strategies. His relentless quest for understanding and commitment to staying informed about the latest advancements have provided him with…
Crypto exchange Coinbase has called on the US government to leverage blockchain analytics, artificial intelligence, and other cutting-edge technologies to combat financial crime in the sector, in response to the Treasury Department’s appeal for insights on deterring illicit activities in cryptocurrency.In a letter written by chief legal officer Paul Grewal, dated Oct. 17 and posted on X on Monday, he highlighted that money laundering operations have evolved to become increasingly sophisticated through advanced technologies, necessitating law enforcement to adapt accordingly.“Blockchain and other innovative technologies can counter these emerging risks. Treasury and other policymakers should promote their use to identify and…
Polygon co-founder Sandeep Nailwal has expressed his discontent with Ethereum’s leaders for undervaluing Polygon’s role as a genuine Ethereum layer 2, pointing out the significant contributions Polygon has made to Ethereum without receiving adequate acknowledgment. Nailwal, who is also the CEO of the Polygon Foundation, mentioned he is now “questioning his loyalty” to Ethereum, particularly towards the Ethereum Foundation and its community, which he feels has not provided any direct support to Polygon. “In fact, the reverse,” Nailwal stated in a post on X on Monday, mentioning that his allegiance to Ethereum may have cost him billions in Polygon’s valuation…
Solana co-founder Anatoly Yakovenko has sparked discussions in the decentralized finance (DeFi) sector by encouraging developers to “borrow” his concept for a new perpetual futures decentralized exchange (DEX). In an October 20 post on X, Yakovenko shared that he has been working on a prototype called “Percolator,” aided by the AI tool Claude. Percolator Prototype and Open-Source DevelopmentHis remarks, along with an inadvertent upload of related code to GitHub, have attracted considerable attention, exposing the friction between open-source collaboration and intellectual property rights.Sponsored SponsoredPercolator is designed as an on-chain perpetual futures DEX operating on the Solana blockchain. It oversees position…
Weekly Bitcoin Price Analysis Last week, the bearish momentum intensified as bitcoin broke below the previous week’s low of approximately $105,000, touching around $103,000. Although we observed a bounce from the support area, it has proven less robust than what we saw last week. The bulls appear to be struggling, seemingly set to remain subdued for the immediate future. The closing price for the week settled at $108,717, considerably under the 21 EMA support level we hoped to maintain, reinforcing the prevailing bearish outlook. Current Support and Resistance Levels Resistance appears significantly robust at present, with critical levels identified at…
Grok and DeepSeek outperformed numerous prominent artificial intelligence chatbots in cryptocurrency trading, accurately timing the market’s local bottom ahead of a recovery rally, indicating a potential advantage for users who utilize their insights.In a crypto trading competition that gained viral attention, Grok 4 and DeepSeek emerged as the top two generative AI chatbots.DeepSeek registered a total unrealized profit of $3,650, becoming the most profitable chatbot, while Grok followed closely with around $3,000 in unrealized profits, as reported by blockchain data platform CoinGlass.Deepseek wallet address, unrealized PNL. Source: CoinGlassClaude’s Sonet 4.5 secured the third spot with $2,340 in generated profit, followed…