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.
Friday’s staggering $19 billion crypto market liquidation event has polarized traders, with accusations of a coordinated sell-off by market makers circulating, while analysts suggest it reflects a natural cycle of deleveraging.The rapid crash on Friday saw open interest for perpetual futures on decentralized exchanges (DEXs) plummet from $26 billion to below $14 billion, according to DefiLlama.Crypto lending protocol fees soared past $20 million on Friday, marking the highest daily total recorded, while weekly DEX volumes increased to over $177 billion. The total borrowed across lending platforms also fell below $60 billion for the first time since August.Source: DefiLlamaRelated: BitMine adds…
Malicious actors have targeted Monad’s official Telegram channel with advertisements that imitate the project’s upcoming claim portal. In a post on X, Monad co-founder Keone Hon warned users against clicking ads in their official channel. He stated that attackers have purchased Telegram ads that appeared in the project’s official announcement channel, which is typically reserved solely for Monad’s updates. “It’s shocking that Telegram would insert content directly into a channel that usually only contains messages from one source,” Hon remarked. The attack occurred just before a highly anticipated Monad airdrop, set to begin at 1:00 pm UTC on Tuesday. With…
Malicious actors have exploited Monad’s official Telegram channel, posting advertisements that closely resemble the project’s upcoming claim portal.In a post on X, Monad co-founder Keone Hon cautioned users against clicking ads found on their official channel. He noted that attackers purchased Telegram ads that appeared in the project’s official announcement channel, which is intended solely for Monad’s updates.“It’s astonishing that Telegram allows content to be pushed directly into a channel that typically contains updates from only one party,” Hon remarked.The attack occurred just before a highly anticipated Monad airdrop, set to open at 1:00 pm UTC on Tuesday. With scammers…
Metaplanet, a Bitcoin treasury firm based in Japan, has seen its enterprise value dip below that of its Bitcoin holdings, placing it in uncharted waters as one of the largest public Bitcoin holders globally.The market to Bitcoin NAV (mNAV) of Metaplanet—a ratio that compares the company’s value to its BTC holdings—fell below 1 on Tuesday, hitting 0.99 for the first time, as per official data.This metric has plummeted by over seven points since mid-June, with Metaplanet’s stock (3350) losing 75% of its value, dropping from a peak of 1,895 Japanese yen ($13) per share to $3.20 on Tuesday, per TradingView.Metaplanet’s…
United States spot Bitcoin and Ether exchange-traded funds (ETFs) experienced combined outflows exceeding $755 million on Monday, following significant crypto liquidations over the weekend.Bitcoin (BTC) ETFs reported a net outflow of $326.52 million, according to SoSoValue data. Fidelity’s Wise Origin Bitcoin Fund (FBTC) had the largest outflow at $93.28 million, while Grayscale’s Bitcoin Trust (GBTC) saw an outflow of $145.39 million.Other important funds, like Ark 21Shares Bitcoin ETF (ARKB) and Bitwise Bitcoin ETF (BITB), also faced daily outflows of $21.12 million and $115.64 million, respectively. However, BlackRock’s iShares Bitcoin Trust (IBIT) experienced inflows of $60.36 million.As of now, total cumulative…
In the United States, spot Bitcoin and Ether exchange-traded funds (ETFs) experienced over $755 million in combined outflows on Monday after unprecedented liquidations in the cryptocurrency market over the weekend.Bitcoin (BTC) ETFs reported a net outflow of $326.52 million, according to data from SoSoValue. The largest outflow was from Fidelity’s Wise Origin Bitcoin Fund (FBTC), amounting to $93.28 million, while Grayscale’s Bitcoin Trust (GBTC) saw an outflow of $145.39 million.Other significant funds, such as Ark 21Shares Bitcoin ETF (ARKB) and Bitwise Bitcoin ETF (BITB), reported daily outflows of $21.12 million and $115.64 million, respectively. However, BlackRock’s iShares Bitcoin Trust (IBIT)…
The Hyperliquid whale, who profited $192 million from shorting the recent market crash, has significantly increased their short position, amassing nearly half a billion in just two days.As per data from the Hyperliquid block explorer Hypurrscan, this whale now holds a short position valued at approximately $496 million, utilizing 10x leverage with a Bitcoin (BTC) liquidation price set at $124,270.Mysterious whale doubling down on their Bitcoin short. Source: HypurrscanThe whale has more than doubled their bet since yesterday, having initially opened the position with $163 million, indicating another bold move against the market in the past week.Related: 3 reasons why…
In the wake of Bitcoin’s (BTC) severe sell-off on October 9, where the leading cryptocurrency by market cap plummeted to $102,000 before regaining much of its value, recent on-chain metrics indicate a discernible drop in Bitcoin network usage throughout most of 2025. Are Bitcoin On-Chain Fundamentals Weakening? As highlighted in a CryptoQuant Quicktake post by contributor TeddyVision, Bitcoin’s Network Activity Index has largely remained below its 365-day moving average (MA) for the majority of 2025. This trend points to a structural decline in the on-chain activity of the Bitcoin network. Related Reading For those unfamiliar, the Bitcoin Network Activity Index…
According to onchain analytics platform Santiment, “smart traders” bought up more Bitcoin and altcoins last week as retail investors reacted strongly to US President Trump’s 100% tariff against China.“Retail’s emotions often lead to Bitcoin’s and altcoins’ prices moving in the opposite direction,” stated Santiment analyst Brian Q in a blog post on Monday.The crypto markets plunged on Friday following Trump’s announcement of hefty tariffs against China. Brian Q highlighted this event as one of four key dates this year that triggered extreme crowd fear.Other significant moments included one in April with the announcement of the first round of global tariffs,…
Key insightsGemini functions as a research assistant for data summarization and text analysis, rather than a financial advisor for price predictions.The caliber of your research results hinges on the specificity and format of your prompts.A replicable workflow includes breaking down a project’s fundamentals, evaluating its economics, and charting its competitive environment.Always validate AI-generated information against primary sources such as official sites, white papers, and blockchain explorers.Effective setup and operational security are vital, especially when utilizing API keys for external data connections.Navigating the cryptocurrency market can be daunting, with white papers, intricate tokenomics, and continuous social discussions overwhelming investors. The real…