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:On Tuesday, Bitcoin faced some profit booking, but the minor pullback indicates that bulls are not abandoning the trend, expecting the uptrend to persist.Several altcoins rebounded from their support levels, signaling purchases at lower prices.Bitcoin (BTC) saw a sharp decline on Tuesday, yet bears couldn’t drive the price below $120,000, implying strong demand at lower levels. The bulls managed to push the price above $123,000 and will next focus on overcoming the resistance at $124,474.October is viewed positively by analysts for BTC, historically the second-best month since 2013, with an average increase of 20.75%, as reported by CoinGlass. Economist…
The Ethereum Foundation, which manages the development of the Ethereum network, unveiled the “Privacy Cluster,” a group of 47 industry experts dedicated to integrating privacy features into the layer-1 smart contract network.As per a Wednesday announcement, Ethereum’s privacy cluster combines researchers, engineers, and cryptographers to create protocol-level privacy features, such as private payments and private decentralized identity solutions.In September, the Foundation launched Privacy Stewards for Ethereum (PSE), a research and development initiative focused on privacy, and the Privacy Cluster will collaborate closely with PSE to advance privacy-preserving enhancements.These developments include establishing zero-knowledge infrastructure for validating information without disclosing its specific…
The Ethereum Foundation, which manages the development of the Ethereum network, has introduced the “Privacy Cluster,” comprising 47 experts from the blockchain sector aimed at enhancing privacy features for the layer-1 smart contract network.This privacy cluster unites researchers, engineers, and cryptographers to create protocol-level privacy features such as private payments and private decentralized identity solutions, as detailed in a Wednesday announcement.In September, the Foundation launched Privacy Stewards for Ethereum (PSE), a privacy-centric research and development initiative, and the Privacy Cluster will collaborate closely with PSE to implement privacy-focused advancements.These privacy-centered innovations encompass the development of zero-knowledge infrastructure, which verifies information…
Wisconsin Representative Bryan Steil, a key cosponsor of the House of Representatives’ crypto market structure bill, the CLARITY Act, stated that the goal for Republicans to pass the legislation before 2026 remains unchanged despite the current government shutdown.In a CNBC interview on Wednesday, Steil expressed confidence that the path to establish what they refer to as regulatory clarity for the digital sector is still viable. Senate party leaders promised to have their version of the bill approved by 2026, but with the government shutdown now in its eighth day, many industry members are raising concerns.“I believe we still have an…
Aster’s recent delisting from DeFiLlama has caused a decline in demand for its native token, ASTER.With the DEX’s removal and rising concerns about its data accuracy, ASTER’s price performance has stagnated, indicating market uncertainty. As significant investors reduce their stakes, the altcoin may soon experience a downward trend as sentiment continues to falter.Sponsored SponsoredASTER Faces Confidence Crisis After DeFiLlama DelistingOn October 5, the founder of the prominent decentralized finance (DeFi) analytics platform DeFiLlama, 0xngmi, revealed on X that Aster’s reported volumes seemed to align with those of Binance’s perpetuals market, raising concerns regarding the accuracy of its data.This disclosure has…
Key Insights:Bitcoin’s net taker volume has bounced back from deeply bearish to neutral levels.Onchain and market data reflect organized profit-taking rather than panic-induced selling.Binance figures reveal Bitcoin’s most significant buying momentum since July.Bitcoin (BTC) price has stabilized above $120,000 after a sharp correction from its all-time high earlier this week. With buyers re-entering, both spot and derivatives markets seem to be aligning for a more stable scenario, laying a stronger groundwork for the next upward movement.Bitcoin four-hour chart. Source: Cointelegraph/TradingViewAs per CryptoQuant, a noticeable shift in the medium-term trend of derivatives markets has occurred. The net taker volume, which assesses…
Overview of Satoshi’s background holdings Bitcoin, created in 2009 by the enigmatic Satoshi Nakamoto, remains shrouded in mystery. From 2009 to 2011, Satoshi mined an estimated 1.1 million-1.5 million BTC—currently valued at over $100 billion—without ever moving it. This vast accumulation of Bitcoin occurred in the cryptocurrency’s nascent era, marked by minimal competition and easy mining. Satoshi’s prolonged silence incites speculation: some theorize that the private keys may be lost, while others argue it reflects a conscious choice to adhere to Bitcoin’s principles or to avoid market upheaval. Should Satoshi’s Bitcoin ever be transferred, it could significantly sway prices and…
A majority of senators in the US voted to affirm Jonathan McKernan as Under Secretary for Domestic Finance at the Treasury Department.In a Tuesday vote of 51 to 47, the Senate approved McKernan to the Treasury, where he will work under Secretary Scott Bessent. Despite the US government shutdown resulting from lawmakers’ failure to extend funding past Sept. 30, Congress can still function.Nominated by President Donald Trump in June, McKernan has previously expressed skepticism about debanking policies but did not directly link that practice to digital assets. In a December post on X, he referenced an article by economist Tyler…
As reported by Santiment, XRP is currently experiencing its highest level of retail fear, uncertainty, and doubt in the past six months. This rise in negativity is being interpreted by some analysts as a contrarian sign — widespread fear might precede a market turnaround. Related Reading While traders express their discontent, on-chain data indicates a shift in consumer sentiment towards worry. Santiment highlights that when retail panic escalates, markets often trend in the opposite direction. Retail Fear Peaks at Six-Month High Per details from the blockchain analytics provider, the bullish-to-bearish ratio surged to 3.21 on September 17 amid a wave…
Shayne Coplan, the founder of prediction market Polymarket, is back in the spotlight as prediction markets transition from regulatory restrictions in the United States to legitimate financial markets with institutional support.Bloomberg recognized Coplan as one of the world’s billionaires after a $2 billion investment in Polymarket from the parent company of the New York Stock Exchange, Intercontinental Exchange (ICE).Coplan founded the platform in 2020 at the age of 21 after leaving New York University. He frequently worked on the platform from the bathroom of his New York apartment, he noted.Coplan’s makeshift bathroom office. Source: Shayne CoplanPrior to launching Polymarket, Coplan…