Author: Ethan Carter

Hotlink Group, a publicly traded company in Japan, has announced its active investment in decentralized finance (DeFi) using the synthetic stablecoin USDe.The company revealed that its subsidiary, Nonagon Capital, has made an initial investment as part of a broader plan to allocate $4 million towards DeFi initiatives. While USDC remains a popular choice among institutions due to its regulatory compliance, Hotlink has opted for the higher yield associated with USDe.Sponsored SponsoredUnderstanding the USDe Approach: Yield Over Basic CustodyHotlink’s selection of USDe, issued by Ethena, over established fiat-backed stablecoins such as USDC or USDT underscores a strong focus on maximizing treasury…

Sure! Here’s a rewritten version of the content while retaining the HTML tags: Recent price movements in Bitcoin indicate a cooling period following its unsuccessful attempt to close above the all-time high range of $123,000–$124,000. Although a short-term pullback seems probable, the overarching market trend remains positive. This correction could act as a healthy reset before Bitcoin gains the necessary momentum for its next significant surge, with $150,000 identified as the upcoming target. Heatmap Highlights Critical Gaps in Bitcoin’s Support Levels ZYN, a well-known crypto analyst, recently shared an update on X, drawing attention to a crucial observation from Bitcoin’s…

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Bitwise, the asset manager, has set a 0.20% fee on its revised Solana ETF application for the U.S., which now incorporates staking. This move may indicate the increasing competition among ETF issuers, as noted by ETF analyst Eric Balchunas.“We expected to see higher fees initially; it takes a competitive landscape to get this low,” Balchunas remarked in a post on X on Wednesday. “They probably figured it would end up here eventually, so why not do it now?” he added, describing it as a “veteran Terrordome move.”On Wednesday, Bitwise amended its filing with the U.S. Securities and Exchange Commission, updating…

Polymarket, the crypto-driven prediction market, has introduced support for bitcoin deposits, allowing users to directly fund their accounts with BTC along with other cryptocurrency options. This development coincides with bitcoin’s recent surge to record highs above $126,000, currently trading around $124,300, highlighting a rising demand for crypto-based funding options on prediction platforms. Over the past two years, Polymarket has captured global attention, establishing itself as the largest prediction market where users trade shares linked to the outcomes of real-world events — essentially wagering on future possibilities. Traders on Polymarket are optimistic about the bitcoin price. Approximately 83% of participants currently…

BNB’s “mindshare” has skyrocketed by over 250% within a week, as reported by Messari, with one analyst noting a market transition towards high-throughput, low-cost chains.The BNB Chain’s native token surpassed $1,330 for the first time on Wednesday, reflecting a gain of over 27% in the past week, according to data aggregator CoinGecko, just days after reaching its previous peak of $1,111.Crypto market intelligence firm Messari announced on X Wednesday that BNB’s mindshare, reflecting public attention and awareness, surged 251% to 5.09% in the last week, coinciding with a “very bullish sentiment.”Source: MessariRachael Lucas, an analyst at Australian cryptocurrency exchange BTC…

Arthur Hayes, co-founder of BitMEX, acknowledges the demise of the four-year crypto cycle, but he believes it’s for reasons that differ from common perceptions.“As we approach the four-year anniversary of this fourth cycle, traders are eager to apply historical trends and predict the conclusion of this bull run,” Hayes expressed in a blog post on Thursday.He noted that although the four-year pattern has worked in the past, it is now obsolete and “will not hold true this time.”According to Hayes, Bitcoin (BTC) price cycles are influenced by the supply and amount of money, primarily USD and the Chinese yuan, rather…

Arthur Hayes, co-founder of BitMEX, has acknowledged that the four-year crypto cycle is over, but not for reasons many might assume.“As we approach the four-year mark of this current cycle, traders are eager to apply historical trends to predict the end of this bull market,” Hayes stated in a blog post on Thursday.He noted that although the four-year trend has worked in the past, it is now outdated and “will not hold this time.”According to Hayes, Bitcoin (BTC) price cycles are influenced more by the supply and circulation of money, particularly USD and the Chinese yuan, than by arbitrary four-year…

DDC Enterprise has successfully secured $124 million, with shares priced at a 16% premium, indicating robust investor confidence in its distinctive model and the potential long-term benefits of its Bitcoin treasury strategy. Summary DDC Enterprise raised $124 million at a 16% premium, showcasing strong investor confidence in its Bitcoin treasury model. The funding round, supported by PAG Pegasus and Mulana, aims to help DDC reach a target of 10,000 BTC by 2025. DDC’s growth occurs alongside an ongoing discussion regarding Bitcoin treasury accounting standards, particularly NYDIG’s critique of the “mNAV” metric. As noted in a press release from Oct. 8,…

BNB’s “mindshare” has surged over 250% in just a week, according to Messari, with one analyst highlighting a market shift toward high-throughput, low-cost chains.The native token of BNB Chain surpassed $1,330 for the first time on Wednesday, registering a gain of over 27% in the past week, according to data aggregator CoinGecko, nearly a week after reaching its previous high of $1,111.Crypto market intelligence firm Messari stated in a post on X that BNB’s mindshare, which measures public attention, discussion, and awareness, has experienced a 251% rise to 5.09% in the last seven days, coinciding with “very bullish sentiment.” Source:…