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 takeaways:The total market capitalization of TOTAL3 reached an unprecedented $1.18 trillion, indicating growing momentum within the altcoin segment of the cryptocurrency market.The dominance of USDT experienced a significant decline, suggesting a shift of capital towards riskier assets.The TradingView ticker, TOTAL3, which monitors the market cap of all cryptocurrencies excluding Bitcoin (BTC) and Ether (ETH), hit a new all-time high of $1.18 trillion on Monday. This value also represented its highest weekly close on Sunday, surpassing the previous high from 2021.TOTAL3 market cap. Source: Cointelegraph/TradingViewThe TOTAL3 chart is utilized by traders as a gauge of altcoin market health, as its…
Morgan Stanley’s Global Investment Committee has officially advised clients to allocate between 2% and 4% of their portfolios to bitcoin and cryptocurrency. The recent report, published on October 1, details crypto (mainly bitcoin) allocations based on various investor risk profiles. Opportunistic growth portfolios, which aim for higher-risk and higher-return strategies, should feature up to 4% in crypto, while balanced growth portfolios should be limited to 2%, according to the report. The committee that authored the report described bitcoin as a scarce asset, likening it to digital gold, and suggesting that it plays a legitimate role in diversified investment strategies. “We…
Key takeaways:ETH ETFs have broadened access, though flows remain variable.SOL’s infrastructure is established: CME futures are operational, with options expected on Oct. 13 (pending approval).The SEC’s updated standards now permit swifter listings of spot-commodity ETPs beyond BTC and ETH.For SOL to exceed ETH, it will require consistent creations, effective hedging, genuine on-chain usage, and ongoing developer activity.Indeed, Ether (ETH) has gained an advantage in the ETF competition: Spot Ether ETFs commenced trading on July 23, 2024, drawing around $107 million in net inflows on the first day and paving a mainstream route for investors via brokers and retirement accounts.Nonetheless, Solana’s…
Main points:Paul Tudor Jones anticipates significant growth in US markets but emphasizes that extensive participation from retail and institutional investors is essential for reaching market peaks.Current US stock market valuations and economic indicators do not suggest an immediate downturn, reinforcing the outlook for ongoing speculative activity.Billionaire investor Paul Tudor Jones is confident that US financial markets are not in a bubble and cites the growing fiscal crisis of the US government as a driver for risk-on assets, including Bitcoin (BTC). His primary argument is based on loose monetary policy, retail investments, and speculation.US fiscal debt situation supports risk-on asset investment,…
Key insights:Paul Tudor Jones anticipates significant growth in US markets, emphasizing the need for widespread retail and institutional engagement to reach a market peak.Current US stock market valuations and economic factors do not indicate an imminent downturn, reinforcing the idea of ongoing speculative momentum.Billionaire investor Paul Tudor Jones strongly believes that US financial markets are not in a bubble, citing the escalating fiscal crisis as a trigger for risk-on assets, like Bitcoin (BTC). His main argument revolves around accommodating monetary policies, retail investment flows, and speculation.US fiscal debt situation favors investment in risk-on assets, including BitcoinIn July, US President Donald…
Morgan Stanley has announced new allocation limits for cryptocurrencies in client portfolios as it gears up to facilitate retail crypto trading next year. Summary Morgan Stanley analysts suggest a maximum crypto allocation of 4% in selected client portfolios. The financial firm considers Bitcoin as a form of digital gold. Morgan Stanley plans to offer retail crypto trading through its subsidiary, E-Trade. In a report from the October Global Investment Committee, Morgan Stanley analysts advocated for cautious exposure in model portfolios, recommending 1% to 2% for income and balanced growth strategies, and up to 4% for those focused on “opportunistic growth.”…
Key takeaways:ETH ETFs have broadened access, yet flows are still cyclical.SOL’s infrastructure is ready: CME futures are active, with options expected on Oct. 13 (pending approval).The SEC’s generic standards enable quicker listings for spot-commodity ETPs beyond BTC and ETH.For SOL to surpass ETH, it requires ongoing creations, rigorous hedging, genuine on-chain utility, and sustained developer activity.Ether (ETH) has taken an early lead in the ETF race: Spot Ether ETFs commenced trading on July 23, 2024, attracting around $107 million in initial net inflows and creating a mainstream channel for investors through brokers and retirement accounts.Meanwhile, Solana’s (SOL) market infrastructure is…
Key points:Robust purchases in Bitcoin ETFs last week spurred the price to a new all-time high on Sunday, with buyers looking to extend the rally into Monday.Several altcoins are demonstrating strength and are trying to overcome their overhead resistance.Bitcoin (BTC) retraced after reaching a new all-time high of $125,708 on Sunday, but the bulls did not concede much ground to the bears, indicating their expectation for the rally to persist. The bulls have again driven the price up to a new all-time high on Monday.This recent surge is supported by strong buying in spot BTC exchange-traded funds, which witnessed $3.24…
The crypto market appears promising for the next few days due to the anticipated continuation of the US Government Shutdown. This scenario could lead to rising prices for Bitcoin and other altcoins, which may attract fresh investments from new participants.BeInCrypto has examined three altcoins that show the potential for gains in the near term.Sponsored SponsoredSPX6900 (SPX)SPX is currently priced at $1.62, holding above the critical support level of $1.58. The altcoin has experienced a remarkable surge of nearly 62% over the last week, reaching a two-month peak, indicative of restored investor interest.At present, SPX is about 41% away from revisiting…
Plume has received SEC approval as a transfer agent, allowing compliant recordkeeping, trade tracking, and fund administration for tokenized assets within U.S. regulations. Summary Plume is the inaugural SEC-approved on-chain transfer agent, facilitating compliant recordkeeping and trade reporting on the blockchain. The platform integrates with SEC and DTCC systems, bridging Wall Street’s oversight with Web3 automation. With 200,000 asset holders and $62 million tokenized through Nest Credit, Plume aims to attract 40 Act funds and expand regulated tokenization in the U.S. The U.S. Securities and Exchange Commission has appointed Plume Network a significant role in the digital asset sector, approving…