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 native token of Synthetix, SNX, has surged over 120% in just 24 hours, reaching heights not observed since prior to the market downturn of 2022, igniting renewed discussions about the comeback of some of DeFi’s original "dino coins."A dino coin refers to a token released in an earlier market cycle; in this scenario, SNX was launched in 2018, well ahead of competing derivatives tokens like HYPE and ASTER.SNX climbed from approximately $1.00 to more than $2.20, even briefly hitting $2.30 before consolidating, buoyed by a monumental $758 million in daily trading volume, which represents a staggering 1,120% increase.Market participants…
The Trump administration is said to be “considering a pardon” for Changpeng “CZ” Zhao, the co-founder of Binance, who pleaded guilty to money laundering in 2024 and served four months in prison. Charles Gasparino, a columnist for the New York Post and Fox correspondent, reported that sources close to Zhao indicated that Trump’s team believes the case against him was “rather flimsy, and not warranting a felony charge or incarceration.”“Trump… is considering a pardon (keep this in mind), which could pave the way for CZ’s return to the cryptocurrency exchange, given that he is still the largest shareholder of Binance,”…
Crypto airdrop enthusiasts are set for a profitable week ahead. Despite market fluctuations, engagement in Solana, AI, and DeFi projects is steadily on the rise.With Jupiter’s staking rewards, Rayls’ loyalty initiatives, and Kite AI’s incentives for creators, the third week of October is proving to be one of the most vibrant times for crypto rewards.Sponsored Top 3 Crypto Airdrops and Reward Programs to Monitor NowFollowing a turbulent weekend, airdrop seekers have much to anticipate this week, with these projects paving the way for portfolio enhancement.Jupiter Rewards: Active Staking and Lend Beta OpportunitiesAs Solana’s top DEX aggregator, Jupiter is enhancing community…
The sell-off on October 10–11, which wiped out around $19–20 billion in crypto within a single day, has sparked intense discussions on whether market dynamics or intentional actions transformed a macroeconomic shock into a wave of liquidations. Was the Crypto Crash Deliberate? On X, Uphold’s research lead Dr. Martin Hiesboeck claimed that the crash “is believed to be a targeted attack that exploited a vulnerability in Binance’s Unified Account margin system.” He asserted that collateral involving assets like USDe, wBETH, and BnSOL “had liquidation triggers determined by Binance’s own erratic spot market, rather than reliable external sources,” which set off…
A prominent crypto derivatives trader, who recently garnered $192 million from a well-timed short position, has now opened additional bearish trades.The trader (0xb317) on the Hyperliquid decentralized derivatives exchange has initiated a $163 million leveraged perpetual contract to short Bitcoin (BTC) on Sunday.This 10x leveraged position is currently showing $3.5 million in profit, but it faces liquidation if BTC hits $125,500.The crypto community noticed the entity after it established a short position just 30 minutes before Trump’s tariff announcement on Friday, which caused a significant crypto market drop and earned them $192 million.Insider whale opened another significant short on Sunday.…
The price of Bitcoin surged above the $115K threshold as concerns over US-China tariffs eased. Summary On Monday, Bitcoin’s value climbed back above $115K following significant liquidation events during Friday, which were driven by US-China trade tensions. Market recovery was driven by a notable decrease in the likelihood of 100% tariffs being enacted on China. As reported by crypto.news, Bitcoin (BTC) rallied back above the $115K resistance point early Monday, after experiencing a nearly 15% drop over the weekend. This market downturn saw Bitcoin (BTC) fall from approximately $121,560 on October 10 to below $103,000 by Sunday, triggered by U.S.…
Bitcoin (BTC) embarks on a pivotal week in October, with the bull market’s future hanging in the balance — what lies ahead?Bitcoin makes a strong recovery from the largest-ever liquidation event, hitting a peak of $116,000 so far.Traders are split on the market’s direction from this point — some even question whether the bull market will return.A significant leverage reset could offer hope for bulls, but short positions remain worrisome.US inflation data is still pending due to the government shutdown, while Fed Chair Powell is scheduled to speak.The crypto “debasement trade” gains attention as gold reaches new all-time highs.“Game over”…
Bitcoin (BTC) enters a pivotal week in October with the bull market’s future hanging in the balance — what lies ahead?Bitcoin bounces back robustly following its largest liquidation cascade, soaring to $116,000 at its peak.Market participants are split on future directions — some even question the return of the bull market.A significant leverage reset could provide relief for bulls, though concerns about shorts persist.US inflation data is still delayed due to the government shutdown, with Fed Chair Powell set to speak.The crypto “debasement trade” garners attention as gold reaches all-time highs.“Game over” as Bitcoin, crypto bounce backBitcoin managed to reach…
America’s federal government has now entered its third week of shutdown, leaving up to 16 exchange-traded funds (ETF) pending approval if the shutdown extends into November.The US government came to a halt on Oct. 1 when Republicans and Democrats failed to finalize a funding plan. As a result, agencies, including the US Securities and Exchange Commission responsible for approving ETF applications, are operating with only essential personnel.The crypto sector anticipated a wave of ETFs in October, with the SEC poised to make definitive decisions on at least 16 crypto ETFs, alongside another 21 applications submitted in the initial eight days…
The federal government of the United States has now entered its third week of shutdown, leaving up to 16 exchange-traded funds (ETFs) pending approval if the shutdown extends into November.The US government came to a halt on October 1 due to a lack of agreement on funding between Republicans and Democrats. This has forced agencies, including the US Securities and Exchange Commission, responsible for approving ETF applications, to operate with only essential personnel.The cryptocurrency sector was anticipating a surge of ETF approvals in October, with the SEC expected to finalize decisions on at least 16 crypto ETFs, in addition to…