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.
In a week marked by gains in major assets like Gold and the Nasdaq 100, Bitcoin fell significantly behind. The recent decoupling of Bitcoin suggests it functions neither as a risk-on asset nor as a safe haven.According to Coingecko, Bitcoin’s value has decreased by about 2.09% in the past week, while gold, regarded as a safe haven asset, rose by 4.85%, and the Nasdaq 100 Index increased by 1.34%.Sponsored SponsoredWhat Led to the BTC-Nasdaq Decoupling?Throughout much of the year, Bitcoin has shown a strong correlation with the Nasdaq 100, generally moving in sync. This trend was evident early last week.The…
The dominance of the US dollar is waning, especially highlighted by China’s recent implementation of export controls on rare earth minerals, which are essential for electronics manufacturing and military defense, as noted by analyst Luke Gromen. China’s restrictions on rare earth mineral exports ban the sale of these vital minerals to the US military industrial complex, which underpins the dollar’s value through military might, Gromen informed Marty Bent, founder of Truth For the Commoner (TFTC), this past Sunday. These export controls led US President Donald Trump to impose additional 100% tariffs on China, revealing that China “holds significantly more leverage…
A $3 million XRP theft incident left a US retiree’s Ellipal wallet empty, shedding light on the exploitative industry that targets victims post-hack.Blockchain investigator ZachXBT traced the $3.05 million loss via over 120 cross-chain swaps, cautioning that many firms exploit desperate users by charging exorbitant fees for empty assurances of recovery.Sponsored Sponsored$3 Million XRP Hack Unmasks Crypto’s Predatory Recovery FirmsThe incident started when Brandon LaRoque found his 1.2 million XRP had been removed from his Ellipal wallet earlier this month. The stolen funds, currently valued at $2.88 million, represented the 54-year-old retiree’s life savings, accumulated since 2017.He thought his assets…
502 Bad Gateway
If an AI system were ever to breach the cryptography of a highly regarded blockchain—whether in a white hat research context or otherwise—the ensuing panic sell-offs would dwarf any previous market fluctuations. Should a quantum computer manage to compromise a blockchain, it would effectively signify the end of such systems, as their fundamental purpose would be irreparably compromised.Fortunately, there is a clear technical pathway to avert this disaster. Some, though not enough, protocols are beginning to adopt it. But why do many others lag behind?This is a significant and imminent hazard that the cryptocurrency sector is brushing aside at its…
The dominance of the US dollar is coming to an end, highlighted by China’s recent introduction of export controls on rare earth minerals, crucial for electronics production and military defense, as mentioned by analyst Luke Gromen.These export controls prevent the sale of vital minerals to the US military-industrial complex, which supports the dollar’s value through military strength, Gromen explained to Marty Bent, founder of Truth For the Commoner (TFTC), on Sunday.The export restrictions led US President Donald Trump to impose an additional 100% tariff on China, indicating that China “has significantly more leverage than many Western analysts acknowledge,” Gromen stated.…
502 Bad Gateway
On Friday, Bitcoin (BTC) mining difficulty decreased to 146.7 trillion, while the network hashrate—representing the average total computing power used to secure the decentralized protocol—reached a new record of over 1.2 trillion hashes per second.According to CoinWarz, BTC mining difficulty has dropped approximately 2.7% from its previous all-time high of over 150.8 trillion during the last adjustment period.Decline in Bitcoin mining difficulty. Source: CryptoQuantDespite this decrease in difficulty, the network hashrate reached a peak on Tuesday and remains above 1.2 trillion, even with a modest decline from that peak, as data from CryptoQuant indicates. According to CoinWarz:“The next difficulty adjustment…
On Friday, the Bitcoin (BTC) mining difficulty decreased to 146.7 trillion, with the network hashrate—the total computing power dedicated to securing the decentralized protocol—reaching an all-time high of over 1.2 trillion hashes per second.The BTC mining difficulty has dropped by around 2.7% from the previous all-time high of over 150.8 trillion achieved during the last adjustment period, according to CoinWarz.Bitcoin mining difficulty declines. Source: CryptoQuantNevertheless, the network hashrate reached an all-time high on Tuesday and remains elevated above 1.2 trillion, albeit with a slight decline from that day’s peak, as shown by data from CryptoQuant. CoinWarz also predicts:“The next difficulty…
A retired American claims that over $3 million in XRP disappeared after checking Ellipal’s mobile app on October 15, leading to an on-chain investigation by pseudonymous analyst ZackXBT.CoinDesk has not independently verified the identity of the investor, their balances, or the entire on-chain transactions. This information is sourced from various YouTube videos posted after October 15, Ellipal’s public statement on October 18, and ZackXBT’s October 19 X thread.The victim’s account of eventsThe investor, identifying himself as Brandon, stated he is 54 and lives in North Carolina, and his 60-year-old wife is also retired. He mentioned that the XRP holdings constituted…