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.
Ethereum is edging closer to achieving 10,000 transactions per second with the launch of a new scaling technology known as Pico Prism.On Wednesday, Ethereum scaling firm Brevis announced a revolutionary zero-knowledge Ethereum Virtual Machine (zkEVM) for real-time proving.This innovation enables nearly instant proof of Ethereum blocks using standard retail gaming processors (GPUs) rather than costly supercomputers.“Brevis has achieved real-time proving of Ethereum L1 using consumer-grade hardware,” stated the firm, noting that 64 Nvidia RTX 5090 graphics cards, their leading gaming model, were utilized.In a test performed in September, Pico Prism demonstrated 99.6% real-time proving in under 12 seconds. Real-time proving…
Ethereum is moving closer to reaching 10,000 transactions per second with the launch of a new scaling technology named Pico Prism.On Wednesday, Ethereum scaling company Brevis announced its innovative zero-knowledge Ethereum Virtual Machine (zkEVM) designed for real-time proving.This technology is capable of proving Ethereum blocks nearly instantly using standard retail gaming processors (GPUs) rather than costly supercomputers.“Brevis has accomplished real-time proving of Ethereum L1 using consumer-grade hardware,” the company mentioned, specifying that it utilized 64 Nvidia RTX 5090 graphics cards, their top gaming model.In a September test, Pico Prism attained 99.6% real-time proving in under 12 seconds. Real-time proving (RTP)…
502 Bad Gateway
The price of Bitcoin is hovering around $111,500. A drop below this area could lead to a more significant correction falling under $100,000, possibly reaching the $97,700 low. Overview Bitcoin fluctuates within a high-timeframe range of $126K–$97.7K. The $111.5K level serves as a crucial pivot for short-term trends. A breach of this point could signal a drop below $100K before a rebound. The price of Bitcoin (BTC) is approaching a crucial turning point as it trades within an expansive high-timeframe range following its peak near $126,000. The current market structure hints at a possible corrective phase before a stronger bullish…
Sarah Breeden, Deputy Governor of the Bank of England, has emphasized that the central bank’s strategy to limit stablecoin holdings and transaction sizes will be only a temporary measure aimed at maintaining financial stability.The initial proposal for restricting stablecoins was introduced in a November 2023 discussion paper as a way to safeguard financial stability. However, as the plan evolved, industry groups reacted negatively in September, asserting that these limits would hinder innovation and restrict growth.In a speech at DC Fintech Week on Wednesday, Breeden stated that the restrictions were meant to serve as a temporary measure, which will eventually be…
Sarah Breeden, Deputy Governor of the Bank of England, has clarified that the central bank’s intention to limit stablecoin holdings and transaction sizes is a temporary measure meant to maintain stability in the financial system.The proposed restrictions on stablecoins were initially discussed in a November 2023 paper aimed at ensuring financial stability. As development progressed, industry groups reacted strongly in September, claiming these limits would hinder innovation and restrict growth.However, during a speech at DC Fintech Week on Wednesday, Breeden stated that the limitations are intended solely as a temporary stopgap, with the central bank ultimately seeking to “support a…
Sarah Breeden, Deputy Governor of the Bank of England, has emphasized that the central bank’s strategy to limit stablecoin holdings and transaction sizes will be a temporary measure aimed at maintaining financial stability.The initial proposal for stablecoin limits was introduced in a November 2023 discussion paper to ensure financial stability. However, as discussions evolved, industry groups voiced strong opposition in September, claiming that such limits could hinder innovation and impede growth. In her address at DC Fintech Week on Wednesday, Breeden stated that the limits are meant as a temporary solution, with the bank’s ultimate goal being to “support a role…
Key points:Bitcoin’s recovery is encountering selling pressure at higher levels, indicating continued bear control.Many altcoins have declined from their resistance levels, suggesting selling during rallies.Bitcoin’s (BTC) recovery is facing selling pressure during rallies; however, bulls are trying to establish a higher low near $109,500. Lower levels are attracting buyers, evident from the net inflows into US spot BTC and Ether exchange-traded funds (ETFs) on Tuesday after net outflows on Monday. According to SoSoValue data, BTC ETFs recorded $102.58 million in inflows, while ETH ETFs saw $236.22 million in net inflows.Despite the recent market fluctuations, analysts predict BTC will perform well…
Almost all Ethereum acquired by public companies thus far happened within a brief three-month period from July to September, according to recent statistics.This follows predictions from various crypto leaders that Ether’s (ETH) price might increase by up to 200% before the year’s end.“95% of all ETH owned by public companies was bought in the last quarter alone,” Bitwise Invest stated on Wednesday, regarding the $19.13 billion retained in public treasuries, which constitutes approximately 4% of Ether’s total supply.Ether public treasuries added over 4 million ETH tokens in Q3 alone. Source: BitwiseAs of September 30, of the 4.63 million ETH held…
The crypto market is at a critical juncture as the ETH/BTC pair approaches the vital support zone of 0.032–0.034, igniting heated discussions among analysts regarding the imminent start of the long-anticipated Altseason.Some experts contend that Bitcoin needs to reach new all-time highs to spark a widespread altcoin rally, while others suggest that Ethereum could independently catalyze the next bullish phase—even without Bitcoin at the helm.Sponsored SponsoredBitcoin – The Gatekeeper of the Altseason Signal?Benjamin Cowen posits that the current phase is merely the “prologue” to broader market growth. He asserts that two crucial conditions must align for Altseason to materialize: Ethereum…