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.
Ripple has acquired GTreasury, a corporate treasury management firm, for $1 billion as part of its strategy to enhance its operations.This acquisition equips Ripple with the infrastructure needed to handle digital assets in corporate treasuries, including stablecoins and tokenized deposits, aimed at generating yield for clients, as detailed in a Thursday announcement.With GTreasury’s treasury management tools combined with Ripple’s blockchain solutions, funds can be accessed around the clock and transferred with near-instant settlement in cross-border transactions. Ripple’s CEO, Brad Garlinghouse, commented:”For too long, money has been stuck in slow, outdated payment systems and infrastructure, causing unnecessary delays, high costs, and…
Key takeaways:Retail traders maintain 94% long positions on Ether, which often signals a contrarian viewpoint.ETH funding on Binance remains robust, with leverage at a moderate level and not euphoria-driven.BitMine has continued its accumulation, adding over 300,000 ETH to its reserves this week.Ether (ETH) is trading below the key $4,000 level, struggling to gain bullish momentum after last Friday’s flash crash. The altcoin is consolidating between its 50, 100, and 200-day exponential moving averages (EMAs), a technical area that indicates the ongoing battle between short-term and long-term market trends.ETH one-day chart. Source: Cointelegraph/TradingViewRetail ETH longs dominate the futures market, but carry…
A16z Crypto, the blockchain investment division of venture capital firm Andreessen Horowitz, has allocated $50 million to Jito, a liquid staking protocol supporting the Solana network.This investment will provide a16z with an undisclosed number of Jito’s native tokens at a reduced rate, as reported by Fortune on Thursday.Brian Smith, executive director of the Jito Foundation, shared with Cointelegraph that the Foundation has “an exceptionally long time horizon,” and this investment “will enable the Foundation to position Solana as the hub for internet capital markets into the next decade.”Jito is a liquid staking protocol on the Solana platform launched in 2022,…
Daylight, a decentralized physical infrastructure network (DePIN) initiative aimed at establishing a distributed solar energy grid, has secured $75 million to enhance its solar coverage across the United States.Daylight provides solar energy through a subscription model, eliminating the substantial initial costs associated with purchasing and installing panels and batteries, which can exceed $30,000. The project’s testnet was launched in 2024.The network generates revenue via its subscription-based energy service and by returning surplus energy to the power grid. Customers can earn “sun points” for their contributions to the decentralized solar grid, with plans to launch a token in the future.This funding…
Main takeaways:Bitwise analysts suggest that selling pressure has likely reached its peak, and that price dips could present good buying opportunities.Smaller BTC holders are accumulating despite increased exchange deposits from miners.The recent decline in Bitcoin (BTC) prices seems to have curbed enthusiasm, as Google search interest for the asset has fallen to a multi-month low. Current sentiment readings reflect conditions typically associated with bearish market phases, where caution takes precedence in the crypto sentiment landscape.Cointelegraph has reported that the Crypto Fear and Greed Index has dropped to a “Fear” level of 24, its lowest in a year, down significantly from…
Daylight, a project centered around a decentralized physical infrastructure network (DePIN) aimed at building a distributed solar energy grid, has successfully secured $75 million to enhance its solar coverage network across the United States.Daylight provides solar energy as a subscription service, eliminating the significant upfront costs associated with purchasing and installing panels and batteries, which can exceed $30,000 for consumers. The project’s testnet was launched in 2024.The revenue model for the network is based on its subscription service and generating income by returning surplus energy to the power grid. Customers can earn “sun points” for their contributions to the decentralized…
A co-founder of the Bitcoin infrastructure firm, Babylon Labs, has announced the development of a system that enables native Bitcoin to be utilized as trustless collateral for borrowing on the Ethereum blockchain.In a post on X this Wednesday, David Tse, co-founder of Babylon Labs and a Stanford University professor, stated that the company has created a proof-of-concept that allows native Bitcoin (BTC) “to be used trustlessly as collateral to borrow on Ethereum for the first time.”This announcement follows the early August release of a white paper outlining a Bitcoin trustless vault system. The system utilizes the Bitcoin smart contract verification…
Key takeaways:Ether’s price previously experienced a 60% drop following a bearish cross that is now re-emerging.ETH must stay above $4,000 to prevent further declines.The MACD indicator for Ether (ETH) has issued a “sell” signal on the weekly chart, a condition that historically foreshadows significant price declines.Past signals resulted in 46%-60% drops in ETH pricesThe MACD indicator for Ether signaled a bearish trend in early 2025, resulting in over a 60% plunge in ETH’s spot price within weeks.A similar situation is unfolding in October, raising the chances of a deeper drop in the near term.Related: BitMine seems to capitalize on the…
Key takeaways:According to Bitwise analysts, selling pressure seems to have peaked, making dips potentially attractive buying opportunities.Smaller BTC holders are increasing their accumulation, even as miners elevate their exchange deposits.Recent declines in Bitcoin (BTC) prices have seemingly lessened enthusiasm, with Google search interest for the asset dropping to a multimonth low. The latest sentiment metrics reflected conditions usually seen during bearish cycles, where caution prevails in the broader crypto climate.Cointelegraph reported that the Crypto Fear and Greed Index has fallen to a “Fear” level of 24, the lowest in a year, sharply down from last week’s “Greed” reading of 71.…
Momentum Finance, originally recognized mainly as a decentralized exchange (DEX), is undergoing a strategic transformation to emerge as an all-encompassing “Financial Operating System” (FOS) within the Sui ecosystem. This change reflects a vision that transcends simple token swaps, focusing on establishing the vital infrastructure for the future of tokenized finance. To delve into the reasoning behind this evolution, including its three-layer architecture and the institutional gateway Momentum X, we spoke with ChefWEN, the Founder of Momentum Finance, to explore the firm’s vision, key products, and the journey towards integrating traditional and decentralized finance. Vision and Architecture: Building the Financial Operating…