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.
Gold prices have approached a significant all-time high of $4,000 as investors flock to safe-haven assets — a situation that also appears favorable for Bitcoin. Gold futures reached $4,000 per ounce for the first time early Tuesday morning, while spot prices hit a peak of $3,976, as reported by TradingView.“Gold has set a new record high,” noted gold advocate and Bitcoin skeptic Peter Schiff on Tuesday. “This signals that the current Federal Reserve policy is misguided,” he remarked, urging the US central bank to “change direction immediately” and increase interest rates.This year, gold has surged impressively, climbing over 50% since…
Gold prices are nearing a significant all-time high of $4,000 as investors flock to safe-haven assets, a trend that is also seen as positive for Bitcoin.Futures prices for gold touched $4,000 per ounce early Tuesday, while spot prices hit an unprecedented $3,976, as reported by TradingView.“Gold has reached a new record high,” noted gold advocate and Bitcoin skeptic Peter Schiff on Tuesday. “This clearly indicates that current Fed policy is flawed,” he asserted, urging the US central bank to “immediately reverse course” and increase interest rates.This year has been remarkable for gold, soaring over 50% since January 1 amid rising…
On-chain data indicates that Bitcoin short-term holder whales are currently experiencing their highest unrealized gains of the cycle following the recent market rally. Bitcoin Short-Term Holder Whales Are Boasting $10.1 Billion In Earnings According to a recent post by CryptoQuant analyst Maartunn on X, profits for Bitcoin short-term holder whales have surged to the highest levels seen this cycle. Short-term holders (STHs) typically refer to BTC investors who acquired the cryptocurrency in the last 155 days. These holders are often viewed as the market’s “weak hands,” prone to panic during volatility. For this discussion, the focus isn’t on the entire…
US Senator Cynthia Lummis, who is supportive of cryptocurrency, has stated that the process of securing funding for the US Strategic Bitcoin Reserve (SBR) could “start anytime,” although some legislative hurdles are delaying progress.In a post on X this Monday, Lummis mentioned that despite ongoing legislative challenges, “thanks to President Trump, the acquisition of funds for an SBR can start anytime.”Recent comments from Senator Lummis regarding the SBR. Source: Cynthia LummisLummis responded to remarks made by ProCap BTC chief investment officer Jeff Park, who shared a video with Bitcoin advocate Anthony Pompliano discussing the Strategic Bitcoin Reserve’s potential.Park speculated on…
The recent shutdown of the US government has led to uncertainty in financial markets, driving investors to explore alternative, safer assets.With the US dollar facing slight depreciation due to political impasses, liquidity is increasingly being funneled into the crypto sector. This influx has enhanced the performance of various crypto-related stocks, alongside their ongoing ecosystem advancements. Here are some to keep an eye on this week.Sponsored SponsoredHIVE Digital Technologies Ltd (HIVE)HIVE Digital shares ended Friday at $4.46, marking a 2.29% increase for the day. The crypto stock is worth monitoring this week following the strong production report for September and rapid…
The persistent underperformance of Ethereum compared to Bitcoin has sparked renewed discussions regarding the factors behind its value and the entities driving its demand. Samson Mow, a Bitcoin supporter, claims that approximately $6 billion in retail investments from South Korea are currently supporting so-called Ethereum treasuries. These are companies amassing ETH as a balance-sheet asset, similar to MicroStrategy’s approach to Bitcoin. Mow shared this assertion in an Oct. 5 post on X, suggesting that “ETH influencers” are flocking to Seoul to engage with retail traders seeking the next “strategy play.” As reported by CoinMarketCap on Oct. 6, ETH has seen…
The European Union is reportedly weighing sanctions against A7A5, a stablecoin backed by the Russian ruble, which is the largest non-US-dollar pegged stablecoin worldwide.These sanctions would prevent EU-based organizations and individuals from engaging directly or indirectly with the token through third parties, according to a report from Bloomberg published on Monday, referencing documents related to the proposal.Several banks located in Russia, Belarus, and Central Asia are also facing scrutiny for allegedly enabling sanctioned entities to execute crypto-related transactions, as reported by Bloomberg.This marks the EU’s latest initiative to disrupt Russian crypto transactions, following the sanctions imposed on September 19 that…
The recent all-time high of Bitcoin has significantly boosted the shares of Bitcoin miners and several crypto treasury firms on Monday, most of which ended the trading day with impressive double-digit gains.Argo Blockchain emerged as the top performer among global crypto miners on Monday, soaring over 96% on the London Stock Exchange to reach 5.3 British pence ($0.07), with many US counterparts also seeing gains exceeding 20%.Crypto treasury firms also experienced a surge, with Worldcoin (WLD) affiliate, Eightco Holdings (ORBS), advancing more than 34% to close at $11, although it remains below its 2025 peak of $45, reached post-announcement of…
Good Morning, Asia. Here’s the latest in market news:Welcome to Asia Morning Briefing, your daily recap of key stories during U.S. hours, along with market insights and analysis. For a detailed look at U.S. markets, check CoinDesk’s Crypto Daybook Americas.Traditional views suggest that the race for Asia’s crypto hub is a showdown between Singapore and Hong Kong. Both cities share English as an official language and are governed by Western-inspired common law.However, during Token2049, industry leaders were not debating which city would dominate the crypto scene. Instead, they focused on Japan, once considered overly regulated, that has now emerged as…
Strategy, recognized as the largest corporate holder of Bitcoin globally, announced a fair value gain of $3.9 billion for the third quarter, as stated in a company press release. Currently, Strategy possesses approximately 640,000 Bitcoin, acquired at an average price of $73,983 each. With present prices hovering around $124,500, the total value of these holdings stands near $78.7 billion, resulting in unrealized gains of roughly $31.4 billion. “For every $10,000 fluctuation in BTC price, we realize $6 billion in unrealized gains from our BTC assets,” highlighted Chaitanya Jain, a Bitcoin Strategist at Strategy. This year, the company has also issued…