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.
The extensive deleveraging in derivatives markets has caused XRP to dip, but buyers are stepping in to protect the $2.40 level, establishing a crucial support retest as trading heads into the Asian session.News ContextXRP experienced a significant decline during the October 14–15 trading period, as macroeconomic pressures combined with a widespread crypto deleveraging reduced open interest by 50% to $4.22 billion.In the midst of the downturn, spot trading volumes surged by 40%, indicating renewed interest from institutional investors.Ripple’s recent collaboration with Immunefi—a $200,000 security audit on the XRP Ledger set for October 27 to November 24—provided a stabilizing effect on…
The number of public companies owning Bitcoin increased by 38% from July to September, indicating that “large players are investing more, not retreating” from Bitcoin, according to an analyst.Crypto asset manager Bitwise reported in its Q3 Corporate Bitcoin Adoption study, using data from BitcoinTreasuries.NET, that 172 firms currently hold Bitcoin (BTC), with 48 new entrants entering the digital asset treasury during the quarter.Bitwise CEO Hunter Horsley noted in a post on X on Tuesday that the data is “truly astonishing,” revealing that “People want to own Bitcoin. Companies are interested too.”According to Bitwise’s report, the overall value of Bitcoin holdings…
Sam Bankman-Fried claims that the Biden administration has politically targeted him, as creditors raise concerns about the leadership’s strategy regarding FTX bankruptcy repayments, igniting discussions on crypto repayment methods. As controversy grows, SBF’s remarks gain traction on social media. New assertions from FTX creditors indicate that the bankruptcy process may have hindered repayments in digital assets, raising alarm over the management of creditor losses. SBF Raises Accusations of Political Motivation Sam Bankman-Fried, the founder of FTX, amplifies his claims of being politically targeted as his recent statements spread online. He notes that his political alignment shifted from center-left to centrist…
For nearly the entire history of Bitcoin trading, Korea’s “kimchi premium” has remained a sought-after indicator in the market. When Bitcoin prices in South Korea surge faster than in the US, it signals to traders a spike in retail demand, trapped capital, and a shift in liquidity towards the East. Conversely, when the spread narrows, it indicates cooling global interest, exhausted arbitrage opportunities, and deteriorating sentiment. Periodically, analysts declare the premium insignificant, only for it to reignite shortly after. Currently, the kimchi premium (the price difference of Bitcoin between US and South Korean exchanges) stands at about 4%, while the…
Analysts and experts remain optimistic about a bullish October for the crypto markets, despite a significant liquidation event last week, drawing comparisons to past crypto black swan occurrences.“I expected October to show significant losses after the largest liquidation in crypto history,” said crypto podcaster Scott Melker on Wednesday.However, Melker noted that the markets are still stable, which he described as “a small miracle,” asserting, “I don’t think we’re entering a bear market.”The crypto market capitalization quickly bounced back to reclaim $4 trillion following the weekend downturn, though it has since cooled slightly as Bitcoin (BTC) struggled to maintain momentum, retreating…
Essential Insights:CZ’s mention propelled meme token “4” into a trade; one early investor’s $3,000 blossomed into $2 million.The catalyst was the hacking of BNB Chain’s X account, which led to the birth of “4.”The spike was driven by flow into thin liquidity, rather than underlying fundamentals.Several wallets had already invested just before CZ’s announcement.On October 1, 2025, BNB Chain’s official X account was compromised and exploited to share phishing links. Within hours, the incident turned into a humorous token on BNB Chain known as “4,” alluding to reports that the hacker made off with only about $4,000.Subsequently, Changpeng “CZ” Zhao,…
Tether, the stablecoin issuer, has consented to pay $299.5 million to the Celsius Network bankruptcy estate, resolving years of legal disputes related to the crypto lender’s collapse in 2022. This amount is significantly less than the approximately $4.5 billion Celsius initially sought in bitcoin. The Blockchain Recovery Investment Consortium (BRIC)—a collaboration between VanEck and GXD Labs—declared the settlement on Tuesday, stating it resolves “all matters” between Tether and the Celsius estate. “We are glad to have settled Celsius’s adversary proceeding and related claims against Tether,” commented David Proman, managing partner at GXD Labs. Tether and the Celsius Collapse The settlement…
BlackRock, a leader in asset management, foresees a transition of traditional financial assets to tokenized forms over the coming decades, as stated by CEO Larry Fink.In an interview with CNBC’s Squawk on the Street on Tuesday, Fink asserted that the tokenization of all assets represents a significant future direction for the firm and an opportunity to engage more investors. “If we manage to tokenize an ETF and digitize it, we can attract new investors who are just starting in markets through crypto; they are investing, but now we can introduce them to more conventional long-term retirement products,” he explained.“We view this…
According to veteran trader Peter Brandt, Bitcoin might reclaim its previous all-time high of $125,100 within the week, but not without experiencing one more significant correction.“We could see a major shakeout, which would be validated by an ATH soon, possibly within the next week,” he remarked, while also acknowledging the potential for a more pessimistic outcome.“Alternatively, a breach of the parabola has historically led to a 75% decline in price. I believe the days of an 80% drop are behind us, but a drop to $50-60,000 to test the lower end of the range could happen.”Analyst emphasizes the importance of…
Despite a significant liquidation event last week, analysts and experts believe that the crypto markets are still poised for a bullish October, drawing comparisons to previous black swan events in the crypto space.“After the largest liquidation in crypto history, I anticipated October would see significant losses,” crypto podcaster Scott Melker stated on Wednesday.However, Melker remarked that the markets are maintaining their strength, “which honestly feels like a small miracle,” and added, “I don’t believe we’re entering a bear market.”Following the weekend downturn, the crypto market capitalization quickly rebounded to reclaim $4 trillion but has since slightly cooled off as Bitcoin…