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.
Cryptocurrency investment products could not maintain their two-week inflow streak, experiencing negative fund flows last week after the market crash dubbed crypto’s “Black Friday.”Crypto exchange-traded products (ETPs) faced $513 million in outflows last week, concluding the two-week stretch that amounted to $9.1 billion, as reported by CoinShares on Monday.Commenting on the total $668 million of outflows triggered by the “Binance liquidity cascade” on October 10, CoinShares head of research James Butterfill noted that the ETP market showed less panic than the spot market.He indicated that while crypto ETP investors largely “shrugged off this event,” onchain investors appeared more pessimistic.Bitcoin was…
This week, Bitcoin and Ethereum experienced a significant comeback as fresh investments flowed back into cryptocurrency markets after the tariff shock between the US and China.Bitcoin broke the $110,000 mark for the first time since early October, currently hovering around $111,000, as per CryptoSlate data. This represents a 4% increase within the day, reversing some losses incurred after President Donald Trump announced new tariffs on imports from China.Ethereum also surpassed the $4,000 threshold, increasing over 4% to approximately $4,045, a price point traders consider noteworthy.Interestingly, other major cryptocurrencies joined the upswing with their own rallies.As detailed in CryptoSlate data, assets…
The dark pool exchange HumidiFi has emerged as the leading DEX protocol on the Solana blockchain, eclipsing competitors like Meteora, Raydium, and Pump in all aspects. Summary HumidiFi has surpassed prominent competitors such as Meteora, Raydium, and Pump.fun, establishing itself as Solana’s largest DEX, with over $1.1 billion in 24-hour trading volume. This growth signifies a broader trend in DeFi shifting towards dark pool or proprietary AMM models that emphasize execution efficiency and privacy instead of transparency and open liquidity. On October 20, the dark pool decentralized exchange HumidiFi officially claimed the title of the largest protocol on the Solana…
Coinbase and Robinhood were among several significant platforms affected by an Amazon Web Services (AWS) data center outage on Monday, highlighting the vulnerabilities of depending on centralized cloud providers for essential financial systems.Coinbase, the third-largest centralized cryptocurrency exchange (CEX) by trading volume, experienced disruptions due to an AWS data center outage, which issued reports of “increased error rates and latencies” for various AWS Services in the Northern Virginia area.The AWS disruption caused Coinbase’s mobile app to crash, with numerous users experiencing difficulties logging in, placing orders, and withdrawing funds. The Base app faced similar issues.AWS Service health. Source: Health.aws.amazon“We can…
Coinbase and Robinhood were among several major platforms affected by an outage at an Amazon Web Services (AWS) data center on Monday, highlighting the vulnerabilities of depending on centralized cloud providers for essential financial infrastructure.Coinbase, the third-largest centralized cryptocurrency exchange (CEX) by trading volume, experienced issues due to the AWS data center outage, which noted “increased error rates and latencies” across multiple AWS Services in the Northern Virginia area.This AWS disruption caused Coinbase’s mobile app to crash, with numerous users reporting difficulties logging in, placing orders, and withdrawing funds. The Base app faced similar disruptions.AWS Service health. Source: Health.aws.amazon“We can…
BlackRock has introduced a Bitcoin-related exchange-traded product (ETP) in the UK following the Financial Conduct Authority’s (FCA) decision to relax restrictions on crypto investment vehicles.As of Monday, the asset manager’s website indicated that the iShares Bitcoin ETP is now listed on the London Stock Exchange. According to the Sunday Times, this product is structured as a Bitcoin-linked security, enabling investors to acquire fractions of Bitcoin (BTC) with units starting around $11.The ETP aims to replicate BTC prices while operating within a regulated framework, letting investors engage with the crypto market via traditional brokerage accounts. It enables retail investors in the…
Bitcoin (BTC) began the week with strong momentum as bulls pushed the price above $111,000.BTC’s price movement shows improvement as the week closes, providing much-needed relief for hodlers — could a short squeeze be on the horizon?Bearish price targets remain a focus, with longer time frames raising doubts about the sustainability of the bull market.The US CPI report will proceed without any disruption from the government shutdown on Friday, offering crucial inflation data for the Federal Reserve.Risk appetite appears to be slowly returning to the crypto markets as leverage picks up, but traders are cautious about significant price rises.Bitcoin’s dominance…
In a week marked by significant turmoil, including record outflows from U.S. Bitcoin ETFs and a staggering $19 billion liquidation event, the diminishing supply on exchanges indicates a possible market rebound on the horizon. Summary U.S. spot Bitcoin ETFs experienced outflows totaling $1.23 billion last week, with Friday seeing alone $366.6 million in withdrawals. Since early October, over 45,000 BTC have been removed from exchanges, hinting at potential stabilization or recovery. Spot Bitcoin (BTC) ETFs in the U.S. faced substantial outflows of $1.23 billion last week amidst ongoing market volatility. Just on Friday, the outflows accounted for $366.6 million, with…
By Francisco Rodrigues (All times ET unless indicated otherwise)Bitcoin BTC$110,765.53 and the broader crypto market rebounded over the weekend, providing a temporary respite after persistent selling pressure had kept cryptocurrency prices low following a $500 billion market decline.The price of bitcoin increased by 3% over the last 24 hours to $110,770 but remains down approximately 4% for the month. This recovery coincided with an improvement in global risk sentiment, as stock prices rose and investors shifted back to riskier assets.U.S. President Donald Trump’s milder approach to tariffs and indications that the Federal Reserve might ease monetary policy in the coming…
Jack Dorsey, the founder of Twitter and a staunch advocate for Bitcoin, has sparked renewed discussions within the crypto community with his recent remarks about the true nature of BTC.On Sunday, Dorsey took to X to share a succinct message stating “Bitcoin is not crypto,” which ignited a substantial reaction with over 4,000 comments.While some pointed out that the anonymous creator of BTC, Satoshi Nakamoto, referred to Bitcoin as a “peer-to-peer cryptocurrency” on the Bitcointalk forum in 2010, Dorsey emphasized the term “currency,” highlighting its monetary origins.An early adopter of Bitcoin, Dorsey has long been rumored to have contributed to…