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.
A blockchain investigation by crypto analyst Eye has connected the elusive Hyperliquid whale, who controls over 100,000 BTC, to Garrett Jin, the former CEO of BitForex, an exchange now shut down due to a fraud scandal.In a Saturday update on X, the blockchain investigator highlighted that the whale’s main wallet, ereignis.eth, was linked to another ENS name, garrettjin.eth, which leads directly to Jin’s verified X (Twitter) account, @GarrettBullish.“The ENS name ereignis.eth (“event” in German) validates his connection to this wallet, identifying him as the individual behind the extensive operations on Hyperliquid/Hyperunit,” Eye mentioned on X.The wallet activity corresponded with Jin’s…
As markets reacted to President Trump’s tariff escalation, Binance — the world’s leading crypto exchange — is experiencing significant backlash after users reported locked accounts, failed stop-loss orders, and flash crashes that drove multiple coins to nearly zero.Social media exploded late Friday as traders claimed Binance’s systems froze during the most substantial liquidation wave of the year.Sponsored SponsoredMultiple Altcoins Crashed To Zero On BinanceCoins like Enjin (ENJ) and Cosmos (ATOM) briefly hit prices as low as $0.0000 and $0.001, respectively, before recovering.Some traders reported being unable to close or hedge positions amid escalating losses. Binance has proven once again why…
Sure! Here’s the rewritten content, keeping the HTML tags intact: XRP faces intensified selling pressure as recent data reveals that large holders are transferring significant amounts out of the market. As per CryptoQuant analyst Maartunn, whales have been, on average, moving approximately $50 million away from their XRP holdings each day. This trend has aligned with a resurgence in price volatility and more pronounced fluctuations than observed in the recent past. Price Decline Following Early October Surge After surpassing $3.00 on October 3, XRP experienced a sharp decline. Reports indicate that the token dropped below $2.50 about a week later.…
Overview of Satoshi’s background holdings Bitcoin was introduced in 2009 by the enigmatic Satoshi Nakamoto, whose true identity is still a mystery. Between 2009 and 2011, Satoshi mined around 1.1 million-1.5 million BTC — currently valued at over $100 billion — which has remained untouched. Satoshi’s significant Bitcoin (BTC) holdings were acquired during Bitcoin’s infancy, a period of minimal competition and simple mining processes. Their prolonged silence has spurred speculation; some theorize the private keys are lost, while others interpret it as a strategic choice to maintain Bitcoin’s principles or prevent market disruption. If Satoshi’s Bitcoin were to be moved,…
The Bank of Russia is set to permit local banks to engage in limited cryptocurrency operations with stringent regulatory oversight — a cautious yet significant move toward integrating bitcoin and other digital currencies into the nation’s financial ecosystem. First Deputy Chairman Vladimir Chistyukhin announced this decision at the Finopolis fintech forum this week. He stressed that while the central bank maintains conservative attitudes toward decentralized assets like bitcoin, it acknowledges the increasing importance of cryptocurrencies in the contemporary economy. “We maintain conservative views and are considering how feasible it is for the banking sector to incorporate cryptocurrency into its assets,”…
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The recent drop in the crypto market on Friday could signal the beginning of a bull run, according to a crypto trader.“There’s a very strong possibility that we are at the start of a bull market,” crypto trader Alex Becker stated in a YouTube video released on Saturday.“Selling at this moment might be the worst decision you could make,” Becker remarked. Jan3 founder Samson Mow supported this view in an X post the same day, stating, “It’s time for Bitcoin to move to the next level.”Becker’s remarks followed a significant downturn in the crypto market on Friday, where Bitcoin (BTC)…
The abrupt market downturn on Friday, which led to significant declines in some cryptocurrencies—by as much as 95% within a single day—does not indicate a long-term bearish trend or weakened fundamentals, according to investment analysts from The Kobeissi Letter.This market collapse was prompted by a combination of short-term factors, including “excessive leverage and risk,” alongside US President Donald Trump’s announcement of 100% tariffs on China, the analysts noted.The Kobeissi Letter highlighted the market’s heavy long bias, with $16.7 billion in long positions liquidated compared to only $2.5 billion in short positions, yielding a ratio of nearly 7:1.Source: The Kobeissi LetterAdditionally,…
Zcash (ZEC) has emerged as a standout digital asset, rallying amidst one of the most severe liquidation waves in recent crypto history.Following President Trump’s unexpected tariff announcement that wiped out nearly $20 billion in leveraged positions, the privacy-focused cryptocurrency rallied to a four-year high.Sponsored SponsoredWhy is Zcash Price Rising?Data from BeInCrypto indicated that ZEC price briefly reached $282.59 on October 11 before settling around $257.96. Even after this pullback, the token achieved a 15% daily gain—its most significant increase since late 2021, when it last traded close to $295.This continues a bullish trend for a digital asset that has surged…
Crypto retail traders quickly attributed Friday’s broader crypto market drop to US President Donald Trump’s announcement of a 100% tariff on China, as they often seek a scapegoat during downturns, according to Santiment.However, analysts argue that the reasons behind the market decline run deeper than just the tariffs.“This is typical ‘rationalization’ behavior from retailers, who need to point to a singular event as the cause of a significant downturn in crypto,” Santiment stated in a report on Saturday.The spike in discussions surrounding US-China tariff concerns surged among crypto market participants. Source: Santiment“Following the crash, the crowd swiftly came to a…