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.
Key points:BNB is experiencing short-term correction risks but continues to show a bullish macro trend.A bull flag remains intact, indicating a potential BNB price target above $2,000.BNB (BNB) has seen a 10% decline in the past 24 hours, reflecting a risk-averse sentiment in the wider crypto market.BNB/USDT daily chart. Source: Cointelegraph/TradingViewWith a 13% retracement from its all-time high of $1,300 reached on Monday, one wonders if the upward momentum for the Binance-linked token has waned.BNB encounters “overbought” concernsThe BNB/USD pair has recorded multiple all-time highs since late July, elevating the relative strength index (RSI) on the weekly chart into the…
A shareholder of Semler Scientific, a healthcare technology firm, has filed a lawsuit aimed at blocking the company’s planned merger with Strive, the asset manager transformed into a Bitcoin treasury firm under the leadership of former US presidential candidate Vivek Ramaswamy.In a complaint submitted in the US District Court for the Northern District of Illinois, plaintiff Terry Tran alleges that Semler Scientific and its board of directors breached Sections 14(a) and 20(a) of the Securities Exchange Act of 1934, which prohibit misleading shareholder voting materials and hold company leaders accountable for such infractions.“The Registration Statement is materially incomplete and misleading…
Main points:The rising wedge pattern for Bitcoin indicates a possible decline to $74,000 if a crucial support threshold fails.A new whale has initiated $140 million in short positions on BTC.Bitcoin’s (BTC) technical framework indicates a potential correction down to $74,000, as whales have increased their short positions on BTC.Bitcoin’s rising wedge indicates a 34% price dropThe weekly chart reveals the BTC/USD pair trading within a rising wedge, with the price currently testing support at the pattern’s lower trendline at $110,000.Related: US Bitcoin and Ether ETFs recover as Powell hints at rate cutsA weekly candlestick close below this point may pave…
On October 16, Bitcoin’s price decreased, testing crucial support around $111,000 as spot Bitcoin exchange-traded funds (ETFs) experienced a return to net outflows after a brief period of inflows. Summary Bitcoin trades near $111K as BTC spot ETFs report $94M in outflows. Trading volume and derivatives show a cautious market mood. Dovish statements from the Fed raise hopes for potential upside movement. At the time of writing, Bitcoin was priced around $111,673, reflecting an 8% decrease over the past week and a 0.5% drop over the previous day. Trading volume has sharply declined to $66.2 billion, more than a 27%…
Based in Paris, Lise (Lightning Stock Exchange) has become the first firm in Europe to receive authorization for a fully tokenized equity exchange, the company announced on Thursday.The exchange, which focuses on the SME IPO market in France, obtained a DLT TSS license from the ACPR, France’s financial regulator, under the EU’s Distributed Ledger Technology Pilot Regime, as stated in a press release.This authorization, created with contributions from the Banque de France, ESMA, AMF, and the European Central Bank, permits Lise to function as both a Multilateral Trading Facility (MTF) and a Central Securities Depository (CSD) within a single digital…
The national financial intelligence agency of Australia would gain the authority to limit or prohibit crypto ATMs under draft legislation proposed by Tony Burke, the country’s minister for cybersecurity and home affairs.Burke stated during a speech at the National Press Club on Thursday that this draft legislation would empower the Australian Transaction Reports and Analysis Centre (AUSTRAC) to restrict or ban “high-risk products,” which encompass crypto ATMs. Although traditional bank ATMs are also misused for scams and illegal activities, Burke highlighted that authorities have limited success in monitoring and tracing illicit funds via crypto ATMs, raising concerns about their potential for…
The New York Department of Financial Services (NYDFS) announced today that Paxos, the issuer of PayPal USD (PYUSD), mistakenly minted $300 trillion worth of unbacked stablecoins on October 15, 2025. The regulator stated that it is in communication with both Paxos and PayPal regarding the incident.This occurrence, which temporarily increased PYUSD’s supply beyond the total of the global economy, has prompted renewed scrutiny of the operational and systemic risks associated with the stablecoin industry.Sponsored SponsoredPaxos’ $300 Trillion Minting Error Exposes Major Risks in the Stablecoin IndustryBased on on-chain data, the incident started as a normal transfer of $300 million between…
The national financial intelligence agency of Australia is set to gain authority to limit or ban crypto ATMs due to upcoming draft legislation from Minister for Cybersecurity and Home Affairs, Tony Burke.During a speech at the National Press Club on Thursday, Burke stated that the draft legislation would empower the Australian Transaction Reports and Analysis Centre (AUSTRAC) to restrict or prohibit “high-risk products,” including crypto ATMs.While traditional bank ATMs are also implicated in scams and illegal activities, Burke noted that authorities face challenges in effectively policing and tracking illicit funds related to crypto ATMs, raising concerns about their potential for…
Key insights:XRP’s price needs to convert the 200-day SMA and the $2.70-$2.80 resistance into support to potentially rally beyond $3.00.Analysts project a 57% chance of an upward breakout to $9.5-$27, while a 43% chance of a decline to $0.50 remains.XRP (XRP) has dropped over 31% since hitting approximately $3.66 in July, including a 12.5% decline in the past week, bringing it down to nearly $2.50.XRP/USD daily price chart. Source: TradingViewWill XRP maintain the $2.50 support and continue its upward trend? XRP needs to convert the 200-day SMA to supportXRP must convert the $2.70-$2.80 resistance area into a support zone to…
According to Glassnode, Bitcoin may face challenges in maintaining its upward trajectory unless a new wave of investor enthusiasm emerges.“Unless a fresh catalyst propels prices back above $117.1k, the market risks deeper adjustments toward the lower end of this range,” Glassnode noted in a Wednesday report.Currently, Bitcoin (BTC) is trading around 5% below the $117,000 mark, with a price of $110,840, as reported by CoinMarketCap.Bitcoin has seen a 4.19% decline over the past 30 days. Source: CoinMarketCap“Historically, when prices fail to maintain this zone, it often leads to extended mid- to long-term corrections,” Glassnode pointed out, highlighting an uptick in…