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 competition for supremacy among decentralized derivatives exchanges has taken a new direction after data aggregator DefiLlama removed Aster due to worries about data authenticity.Aster, a derivatives decentralized exchange (DEX) supported by YZi Labs (formerly Binance Labs), recently experienced a trading volume spike that allowed it to surpass Hyperliquid, recognized as one of the standout performers in the crypto sector.However, on Sunday, DefiLlama founder 0xngmi mentioned on X that Aster’s reported volumes mirrored those seen in Binance’s perpetuals market, which led to its delisting.This delisting has triggered a wider discussion on the influence of data providers. Advocates for Aster accused…
The Pi Network (PI) community is buzzing following a significant announcement that new Decentralized Finance (DeFi) features are now operational on the Testnet. With the cryptocurrency currently trading at approximately $0.26 after experiencing a steep decline in recent months, the news of new upgrades raises questions about whether these developments could instigate a substantial enough recovery to incite a 900% surge back to $2.98. Could Pi Network’s New DeFi Upgrades Spark A Rally? Pi Network’s price has undergone a harsh correction over the last eight months, dropping from its February high of $2.98 to around $0.26 today. The fall wiped…
According to economist Timothy Peterson, Bitcoin has a 50% chance of exceeding $140,000 this month, based on simulations using data from the last ten years.“There is a 50% likelihood that Bitcoin closes the month above $140k,” Peterson stated in a post on X on Wednesday. “However, there is a 43% chance that Bitcoin ends below $136k,” he added.Bitcoin (BTC) would need to increase approximately 14.7% to reach $140,000 from its current price of $122,032, which has declined after the cryptocurrency achieved a new all-time high of $126,200 on Monday, according to CoinMarketCap.Peterson noted that the simulation indicates “half of Bitcoin’s…
Key points:Ethereum struggled to surpass $4,800, resulting in a 3% drop due to a bearish divergence.Spot selling pressure increased, yet leveraged traders remain engaged.A bounce back from $4,400 could reignite bullish momentum towards new highs.On Monday, while Bitcoin (BTC) reached a new peak, Ether (ETH) couldn’t breach its resistance at $4,800, leading to a 3% decline below $4,500 on Tuesday. This price drop followed a bearish divergence on the four-hour chart, typically signaling weakened buyer strength and often precedes a local peak or short-term reversal.Analysis of Ether’s bearish divergence dip. Source: Cointelegraph/TradingViewETH revisited the $4,500 level, with onchain and derivatives…
Key points:Ethereum struggled to surpass $4,800, resulting in a 3% correction due to bearish divergence.Spot selling pressure has increased, yet leveraged traders continue to engage.A rebound from $4,400 could restore bullish momentum towards new highs.On Monday, while Bitcoin (BTC) reached a new all-time high, Ether (ETH) was unable to break through its resistance at $4,800, leading to a significant 3% drop below $4,500 on Tuesday. This decline was accompanied by a bearish divergence seen on the four-hour chart, which usually indicates diminishing buyer strength, often preceding a local peak or short-term reversal.Analysis of Ether bearish divergence dip. Source: Cointelegraph/TradingViewETH tested…
FIL$2.2903 faced significant selling pressure as the token broke through key support levels at $2.39, $2.37, and $2.36 during high trading volumes on Tuesday morning in the U.S. market, per CoinDesk Research’s technical analysis model.The analysis indicated that the decentralized storage network’s cryptocurrency recorded its most significant decline in the last trading hour, with panic selling evident as volume surged to 530,000 within a single minute.The token violated critical support levels amid institutional sell-offs and increased trading volumes, according to the model.This past week included essential protocol updates, new artificial intelligence projects, and ongoing preparations for FIL Dev Summit 7,…
The Bank of England (BOE) seems to be easing its position on proposed restrictions for corporate stablecoin holdings, planning to introduce exceptions for certain firms that might need to maintain larger reserves of fiat-backed assets, as reported by Bloomberg on Tuesday.According to sources familiar with the discussions, Bloomberg informed that the BOE’s change of heart comes amidst significant industry backlash and rising international competition, particularly from the United States, which is progressing towards clearer regulations through the GENIUS Act, signed into law in July.The BOE had initially proposed limits on stablecoin holdings — £20,000 (approximately $27,000) for individuals and £10…
Following its listing on Binance earlier today, the BNB-based meme coin PALU has experienced a surge in popularity. This announcement triggered significant buying activity, driving the token to an all-time high.Technical indicators suggest that PALU could potentially reach new record levels in the upcoming days, given the sustained bullish momentum.Sponsored PALU Hits Record High After CZ’s NodReports from BeInCrypto earlier today revealed that PALU, a community-focused meme token, has been officially listed on Binance. The token gained traction after Binance’s founder, Changpeng Zhao (CZ), shared fan-created artwork featuring a CZ-themed PALU mascot.This influx of attention has led to a dramatic…
Main Insights: Institutional interest in Bitcoin is evident with over $3.5 billion in weekly ETF inflows and exchange balances at a five-year low. Strong futures open interest and ongoing BTC adoption indicate traders believe Bitcoin could reach $150,000 in the near future. On Tuesday, Bitcoin (BTC) underwent a 4.2% correction after hitting an all-time high of $126,219 the day prior, a pullback that came after a notable 12.5% weekly gain. Despite trader concerns about a more significant downturn due to global economic uncertainties, Bitcoin derivatives and institutional inflows suggest potential for further gains. Annualized premium on Bitcoin two-month futures. Source:…
Solana has achieved $2.85 billion in revenue over the last year, according to a recent report from 21Shares, primarily fueled by trading platform activity. From October 2024 to September 2025, Solana’s monthly revenue averaged around $240 million, with a peak of $616 million in January, driven by the memecoin surge led by tokens like Official Trump (TRUMP). Even after the excitement subsided, monthly revenue remained between $150 million and $250 million.Solana validators generate income from transaction fees. In the past year, fee revenue has come from various sources within the ecosystem, including decentralized finance (DeFi), memecoins, AI applications, decentralized exchanges,…