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.
Last week during D.C. Fintech Week in Washington, D.C., I facilitated a discussion on how decentralized finance (DeFi) projects might align with various regulations.This is State of Crypto, a CoinDesk newsletter exploring the crossroads of cryptocurrency and government. Click here to subscribe for future editions.The narrativeAre developers accountable for how their projects are utilized? Can they stop criminals from exploiting their projects? In essence, is regulation-compliant decentralized finance a contradiction?Why it mattersThe liability of developers concerning their decentralized projects has already been a focus of numerous criminal cases in the U.S. and beyond (for instance, the cases involving Tornado Cash…
Following a surge to an all-time high exceeding $126,000, Bitcoin and the wider crypto market have experienced extraordinary volatility. On Friday, the crypto markets witnessed their largest liquidation event ever, amounting to approximately $19 billion.This wipeout surpassed even the most tumultuous days of the FTX collapse in 2022, highlighting both the market’s growth since then and its inherent fragility.The sell-off initiated in traditional crypto style. Reports indicate that US President Donald Trump may have misinterpreted China’s export controls, igniting a broad tariff threat that caused risk assets to plummet.As the markets reeled, some crypto price feeds momentarily displayed zero prices…
Following two significant drops in the market this month, altcoins are once again capturing the interest of large investors. Despite a general sense of caution, crypto whales seem to be positioning themselves early for a potential rebound by acquiring crucial altcoins ahead of anticipated rate cuts in October.With another Fed rate cut likely approaching, three altcoins are quietly experiencing considerable inflows. Whales are purchasing these altcoins during price dips, indicating early positioning and increasing confidence.Dogecoin (DOGE)First on the list is Dogecoin (DOGE). It stands out as one of the few altcoins showing clear indications of whale accumulation despite experiencing a…
Robinhood has broadened its tokenization efforts on the Arbitrum blockchain, introducing 80 new stock tokens recently and pushing the total number of tokenized assets to nearly 500.As per data from Dune Analytics, Robinhood has tokenized 493 assets with a total valuation exceeding $8.5 million. The total mint volume has gone beyond $19.3 million, countered by approximately $11.5 million in burning activity, indicating a vibrant and actively traded market.Stocks make up nearly 70% of all deployed tokens, with exchange-traded funds (ETFs) following at about 24%, alongside smaller portions allocated to commodities, crypto ETFs, and US Treasurys.The latest set of tokenized assets…
Opinion by: Ray Song, founder at aPrioriHaving experienced markets for a significant time, you begin to recognize trends. The tools we utilize and the systems we develop are ever-evolving. In the realm of crypto, one of the most notable transformations occurring now is at the foundational level.Historically, the layer 1 discussion has been primarily driven by Ethereum for composability and a widespread developer community, Solana for speed, and Cosmos for sovereignty. Choosing an L1 was akin to selecting a trading venue, assessing fees, liquidity, and execution.However, this decision has recently shifted from tactical to strategic. Beyond developers weighing ecosystem options,…
Main highlights:Bitcoin holds steady into the weekend, yet market sentiment remains tense regarding future trends.BTC price predictions are increasingly dipping below $100,000.RSI indicators continue to suggest a potential rebound — particularly if stock markets rise next week.On Saturday, Bitcoin (BTC) held at $107,000 as traders prepared for possible new lows.BTC/USD one-hour chart. Source: Cointelegraph/TradingViewBitcoin traders remain skeptical about $100,000 supportData from Cointelegraph Markets Pro and TradingView indicated a decrease in BTC price volatility leading into the weekend.This provided bulls some relief following a week where BTC/USD fell another 7%.Now at its lowest point in months, the pair is projected to…
Should a quantum computer with the capability to dismantle modern encryption become operational today, Bitcoin would likely face an imminent threat — and it would go unnoticed.“Everything would appear as legitimate access,” remarked David Carvalho, CEO of post-quantum infrastructure firm Naoris Protocol, in an interview with Cointelegraph. “If you think you’re observing a quantum computer at work, it may have been in control for months already.”“You wouldn’t even have a clue,” he added.Researchers at IBM, Google, and government-sponsored labs are racing against time to fill this gap, but the urgency is palpable. The US National Institute of Standards and Technology…
Key takeaways:XRP price decreased by 8.75% on Friday, even with Ripple’s plans to acquire $1 billion.A dip toward the $2 support level seems likely in the upcoming days, as bulls hope for a rebound.Ripple is reportedly looking to raise $1 billion to buy XRP (XRP) for its digital asset treasury. This strategy could position it as the largest corporate holder of this top-five cryptocurrency.However, XRP bulls largely overlooked this news on Friday, with the price falling 8.75% following the announcement on Oct. 17, continuing its prevailing downtrend, as illustrated below.XRP/USD four-hour price chart. Source: TradingViewWill XRP manage to break free…
Key takeaways:XRP price fell by 8.75% on Friday despite Ripple’s plans to acquire $1 billion.A potential decline toward the $2 support level may occur in the coming days, as bulls hope for a recovery.Ripple is reportedly seeking to raise $1 billion to buy XRP (XRP) for its own digital asset treasury, potentially becoming the largest corporate holder of this leading cryptocurrency.Despite this news, XRP bulls seemingly neglected the update on Friday, with prices plunging 8.75% following the announcement on Oct. 17, continuing their existing downtrend, as illustrated below.XRP/USD four-hour price chart. Source: TradingViewWill XRP manage to escape its ongoing downtrend…
Bitcoin is once again facing significant pressure, retracing towards the $103,000 mark as the overall cryptocurrency market experiences a sharp decline. After several days filled with volatility and unsuccessful recovery attempts, BTC has breached essential support levels, heightening fear and accelerating sell-offs across altcoins. Many major assets are reflecting substantial losses, leading traders and investors to question if the market has entered a prolonged corrective phase. Related Reading Top analyst Axel Adler notes that Bitcoin’s primary support zone exists in the $106,000 to $107,000 range, characterized by the Short-Term Holder (STH) 1M–3M Realized Price and the 200-day simple moving average…