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.
With minimal government economic data available, the remarks from Fed speakers have gained significant weight, and Bank of America found little in the recent discussions that indicated the central bank would halt rate cuts at its last two meetings in 2025.New York Fed President John Williams, a significant figure in monetary policy often aligned with Chair Jerome Powell, has slightly changed his tone, according to the report. In a recent interview with The New York Times, Williams expressed increased concern over deterioration in the labor market and stated his support for returning interest rates to a “neutral” level, which is…
CORRECTION (Oct. 18, 3:50PM UTC): Updates headline and article throughout to specify that Coinhouse, not Coinbase, was among the exchanges targeted by the French regulator.France is amplifying its scrutiny of cryptocurrency exchanges with expanded anti-money laundering (AML) measures to identify which will receive licenses valid across the European Union (EU), Bloomberg reported on Friday.Coinhouse and Binance are included in the list of exchanges under review, according to sources cited in the report.The French Prudential Supervision and Resolution Authority (ACPR) has been conducting on-site inspections since late 2024, instructing Binance to enhance its risk management strategies.Not meeting ACPR’s standards could jeopardize…
Arthur Hayes’ family office, Maelstrom, is seeking to raise $250 million for its inaugural private equity fund, focusing on mid-sized crypto companies, as reported by Bloomberg on Friday.The fund intends to invest between $40 million and $75 million per transaction, with plans to acquire as many as six companies centered on trading infrastructure, analytics, and related services.Maelstrom aims to pursue non-token equity investments, where valuations hinge on cash flows rather than speculative token distributions.”Such businesses are considerably easier to acquire,” stated Maelstrom co-founder and managing partner Akshat Vaidya. “You can’t artificially inflate valuations with an unused token.”The fund, set to…
HBAR experienced a significant decline over the 24-hour period from October 16 at 15:00 to October 17 at 14:00, falling from $0.18 to $0.16 — an 11.15% drop within a trading range of 12.74%.The most intense selling occurred between 06:00 and 08:00 on October 17, with the price dipping from $0.17 to $0.16 on substantial volume. Resistance was established at the $0.17 mark, while repeated rebounds near $0.16 created a strong support level, despite a consistent bearish trend of lower highs.In the last hour of trading, HBAR showed considerable volatility around the $0.16 region, briefly recovering after a sharp decline…
Stellar Lumens (XLM) experienced significant selling pressure from institutions between Oct. 16 and 17, dropping 6.25% from $0.32 to $0.30 in just 23 hours of trading.During this period, trading volume increased to 89.11 million tokens, with the highest liquidation happening between 06:00 and 08:00 GMT on October 17. Analysts noted that this was more due to orchestrated profit-taking by institutions rather than retail panic, as corporate treasury managers recalibrated positions in response to technical resistance thresholds.In the last trading hour, XLM exhibited typical institutional rebalancing activity, oscillating within a 1.99% price range from $0.299 to $0.305 before finally closing at…
Ondo Finance is calling on the U.S. Securities and Exchange Commission (SEC) to postpone a proposed rule change from Nasdaq permitting the trading of tokenized securities. In a letter sent on Wednesday, the tokenization company expressed worries about a perceived lack of transparency and a possible risk to equitable market access. The concern revolves around Nasdaq’s initiative to revise its regulations to facilitate the trading of tokenized assets. Although Nasdaq anticipates that the Depository Trust Company (DTC), which functions as the central clearinghouse for U.S. securities, will manage post-trade settlements for these tokens, specifics regarding this process are still unclear.…
Satoshi Nakamoto, the anonymous creator of Bitcoin (BTC), remains the world’s largest BTC holder as of now, with his wallets facing an unrealized loss exceeding $20 billion since the peak price of over $126,000 reached in early October.Nakamoto’s Bitcoin holdings exceed 1 million BTC, valued at over $117.5 billion as of now, as per data from Arkham Intelligence.The portfolio surged to over $136 billion during Bitcoin’s rise to new all-time highs of over $126,000 in the first week of October.Satoshi Nakamoto’s portfolio. Source: Arkham IntelligenceHowever, the crypto markets experienced significant turmoil due to cascading liquidations in the perpetual futures market…
Summary: Market stress from US regional banks impacted financial stocks as auto sector bankruptcies highlighted risky loans, causing stock prices to fall. Bitcoin dropped below the 200-day SMA to $104,500, amidst $1.2 billion in crypto liquidations. Analysts identified $88,000 as the next major support level for BTC if $104,000 does not hold. Bitcoin (BTC) fell to $104,000 in a second significant downturn as credit stress in US regional banks sparked renewed risk aversion in the crypto market. BTC/USDT one-hour chart. Source: Cointelegraph/ TradingView Bitcoin Continues Decline as Equity Markets Falter Bitcoin’s price began to drop during New York trading hours…
Roman Storm, a creator of the privacy-centric Tornado Cash protocol, inquired of the open source software community about their worries regarding potential retroactive prosecution by the US Department of Justice for building decentralized finance (DeFi) platforms.Storm questioned DeFi developers: “How can you be so certain you won’t face charges from the DOJ as a money service business for creating a non-custodial protocol?”The DOJ could pursue a case, claiming that any decentralized, non-custodial service should have been constructed as a custodial service, as was alleged in his case, Storm elaborated, referencing his recent acquittal motion, which was submitted on September 30.Source:…
Roman Storm, a developer of the Tornado Cash privacy-focused protocol, inquired among the open-source software community about their worries regarding potential retroactive prosecution by the US Department of Justice for creating decentralized finance (DeFi) platforms.Storm posed a question to DeFi developers: “What makes you confident that you won’t face charges from the DOJ as a money service business for developing a non-custodial protocol?”The DOJ might pursue a case, contending that any decentralized, non-custodial service should have been created as a custodial service, as evidenced in his situation, Storm explained, referring to his recent motion for acquittal, which was submitted on…