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.
Key points:A significant drop in overall open interest underscores the impact of the $20 billion in leveraged liquidations, reflecting traders’ hesitance to re-enter the market. Continued Bitcoin selling and price weakness are expected until CME BTC and equity futures markets launch on Sunday evening, US time. The crypto market is still feeling the aftermath of Friday’s unprecedented sell-off, leading to over $20 billion in liquidations on centralized exchanges and several hundred million in the DeFi sector. Traders appeared taken aback as President Trump’s announcement of a 100% tariff on Chinese imports reverberated throughout the crypto market. Data from CoinGlass illustrates the…
Main Insights:Friday’s Bitcoin price decline illustrates ongoing volatility in the spot BTC ETF landscape, with leverage and liquidity strain exacerbating losses.Liquidations reached $5 billion as portfolio margin systems faltered, underscoring the dangers associated with illiquid collateral assets.Bitcoin derivatives indicate that market makers are remaining cautious due to low liquidity, insolvency speculation, and the upcoming US national holiday on Monday, causing a partial market shutdown.Bitcoin (BTC) dropped to $16,700 on Friday, reflecting a 13.7% decrease in under eight hours. The dramatic fall to $105,000 eliminated 13% of total futures open interest in BTC terms. Even with the significant losses and widespread…
Key takeaways:The recent crash in Bitcoin prices highlights ongoing volatility in the world of spot BTC ETFs, exacerbated by leverage and liquidity challenges that magnify losses.Liquidations reached a staggering $5 billion, as failures in portfolio margin systems exposed the dangers of using illiquid collateral assets.Bitcoin derivatives indicate that market makers are exercising caution amid low liquidity and insolvency rumors, leading to a partial market shutdown due to Monday’s US national holiday.On Friday, Bitcoin (BTC) plummeted by $16,700, representing a 13.7% correction in under eight hours. This drastic decline to $105,000 eliminated 13% of the total open interest in futures contracts.…
According to investment analysts at The Kobeissi Letter, the abrupt market crash on Friday, which saw some cryptocurrencies plunge by up to 95% in less than 24 hours, does not indicate a prolonged bearish trend or weakening fundamentals.The market turmoil was spurred by a confluence of short-term elements, 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 strong long bias, with $16.7 billion in long positions being liquidated against just $2.5 billion in short positions, resulting in a nearly 7:1 ratio.Source: The Kobeissi LetterAdditionally, Trump’s…
Key takeaways:Friday’s Bitcoin crash highlights ongoing volatility in the spot BTC ETF landscape, with leverage and liquidity pressures amplifying losses.Liquidations reached $5 billion as portfolio margin systems struggled, underscoring the risks associated with illiquid collateral assets.Bitcoin derivatives indicate that market makers are cautious amid low liquidity, insolvency speculations, and Monday’s US national holiday, resulting in a partial market shutdown.Bitcoin (BTC) dropped by $16,700 on Friday, representing a 13.7% correction in under eight hours. This rapid decline to $105,000 eliminated 13% of total BTC futures open interest. Despite the significant liquidations and steep losses, such occurrences are not unprecedented in Bitcoin’s…
Currently, Cardano (ADA) has dipped nearly 20% in the past 24 hours, bringing its 30-day losses to 26.2%. The drop has taken ADA to its lowest level in several weeks, though it has somewhat recovered to nearly $0.65.This recovery effort is fueled by two significant groups — whales and retail traders — who are both increasing their positions as prices decline. But can they overcome weak technical signals and ignite a genuine rebound?Sponsored SponsoredWhales and Retail Collaborate to Build ConvictionWhile much of the market reacted with fear, Cardano whales were steadily accumulating. Data from Santiment reveals that wallets holding 10…
Bitcoin seems to be steadily gaining strength beneath the surface. Following a substantial pullback that shook out weaker hands, the market is beginning to show signs of renewed momentum. Key technical indicators imply that this correction may have set the stage for the next significant rally, potentially leading to a new all-time high. Robust Correction Within A Prevailing Uptrend EtherNasyonaL, in a recent post, pointed out that Bitcoin continues to uphold its upward trend despite recent market volatility. The analyst characterized the latest price movement as a healthy correction within the broader bullish trend, highlighting that such pullbacks are typical…
What is Bitcoin mining? Bitcoin mining is the mechanism that secures and maintains the BTC network. Miners gather pending transactions, compile them into blocks, and continuously attempt hashing (trial and error) until they generate a hash that aligns with the network’s difficulty level. The first miner to discover a valid solution disseminates their block. After verification by the network, this miner receives a reward. If another miner finds the solution first, your result goes invalid, termed a “stale block,” and you must initiate a new set of transactions for the subsequent block. As of 2025, the block reward stands at…
The abrupt market collapse on Friday, which saw some cryptocurrencies plummet by up to 95% in less than 24 hours, does not indicate a long-term bearish trend or weakening fundamentals, according to investment analysts at The Kobeissi Letter.Friday’s downturn was ignited by a confluence of short-term factors, including “excessive leverage and risk,” along with US President Donald Trump’s announcement of 100% tariffs on China, the analysts noted.The Kobeissi Letter highlighted the market’s significant long bias, with $16.7 billion in long positions liquidated compared to just $2.5 billion in short positions, nearly a 7:1 ratio.Source: The Kobeissi LetterAdditionally, Trump’s announcement came…
Morgan Stanley is lifting its long-standing restrictions on which wealth management clients can invest in crypto funds, expanding access across its $8.2 trillion platform. Effective October 15, financial advisors will be permitted to offer bitcoin and crypto funds to any client, including those with retirement accounts, as per CNBC’s reporting. Previously, only investors with over $1.5 million in assets and an aggressive risk profile could participate. This change means that Morgan Stanley will allow all its wealth management clients, including those with retirement accounts, to invest in crypto without an asset cap. This shift represents a significant policy change for…