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.
Opinion by: Ure Utah, technical advisor to Nigeria’s minister of innovationAs the valuation of digital currencies approaches $4 trillion, the global community rushes to capitalize on the trend. While figures like Elon Musk with Dogecoin (DOGE) and the US president’s Official Trump (TRUMP) coin make headlines, Africa stands at the forefront of this financial revolution.This moment is critical. Without decisive regulatory action by African leaders to manage or leverage cryptocurrency, the outcomes will dictate whether the continent’s 1.55 billion residents gain more control over their future or fall into a renewed cycle of financial turmoil.The potential is immense. Utilizing cryptocurrencies…
BitMine Immersion Technologies (BMNR), the Ethereum-centric digital asset treasury firm helmed by Fundstrat’s Thomas Lee, has continued its acquisition of ether ETH$4,597.19 by adding 179,251 tokens to its balance sheet last week, valued at approximately $820 million at current market prices.With the recent acquisition, the firm’s ETH holdings have exceeded 2.83 million tokens, accounting for over 2% of the total supply of the second largest cryptocurrency, according to a press release issued on Monday press release.Shares increased by 4% in pre-market trading alongside gains in cryptocurrency prices over the weekend.The company reported total crypto and cash reserves of $13.4 billion,…
Standard Chartered, a multinational bank, forecasts that over $1 trillion could be transferred from emerging market banks to stablecoins by 2028 due to rising demand for US dollar-pegged crypto assets.In a report released on Monday, the Global Research department of Standard Chartered indicated that the global adoption of stablecoins is set to grow as core banking functions and payment networks move to the non-bank sector.As stablecoins become more popular in emerging markets (EM), Standard Chartered highlighted that users may use them to create essentially a US dollar-based account. “The prevalence of stablecoin ownership in EM surpasses that in DM, suggesting…
This week brings a wave of crypto news, setting the stage for potential market fluctuations. Key events span various ecosystems, including Solana and Aster DEX, alongside significant US macro events.Traders can strategically position their portfolios by anticipating the following events this week.Sponsored SponsoredFinal Deadline for Spot Solana ETFsOctober is the month for ETFs (exchange-traded funds), with 16 funds awaiting final decisions from the US SEC (Securities and Exchange Commission). Notably, none of the funds with the October deadline were submitted by Fidelity or BlackRock, the two leaders in the Crypto ETF space. NEW: Here’s a list of all the filings…
Last week, cryptocurrency investment products experienced their highest inflows ever, sparked by a rally in spot crypto markets due to the US government shutdown.Global crypto exchange-traded products (ETPs) saw inflows of $5.95 billion in the week ending Friday — the largest amount recorded — as CoinShares reported on Monday.“This surge is likely a delayed reaction to the FOMC [Federal Open Market Committee] interest rate cut, exacerbated by low employment data […], and worries about US government stability following the shutdown,” stated CoinShares’ head of research, James Butterfill.The record inflows aligned with an overall bullish trend in crypto markets, leading to…
Grayscale, a crypto asset manager, has launched staking for its exchange-traded products (ETPs), becoming the first crypto fund issuer in the US to provide passive income opportunities through staking.On Monday, Grayscale announced that its Ether (ETH) ETFs — the Grayscale Ethereum Mini Trust ETF (ETH) and Grayscale Ethereum Trust ETF (ETHE) — are now the first US-listed spot crypto funds to offer staking, branding this advancement as “another first-mover milestone.”Additionally, Grayscale’s Solana (SOL) fund, the Grayscale Solana Trust (GSOL), has also started staking and is currently seeking regulatory approval for uplisting to an ETP, potentially positioning it as one of…
Essential Insights: Bitcoin’s rally driven by institutions has pushed retail-oriented memecoins to the sidelines.Leading memecoins, including DOGE, PEPE, and TRUMP, show potential for a short-term rebound in Q4.Bitcoin (BTC) reached new highs exceeding $125,000 over the weekend, which triggered a rise in prominent altcoins such as Ether (ETH), Solana (SOL), and BNB (BNB).Year-to-date performance of BTC/USDT, ETH/USDT, XRP/USDT, SOL/USDT, and BNB/USDT. Source: TradingViewIn contrast, memecoins have struggled to keep up with this year’s overall crypto market surge.DOGE, TRUMP and other memecoins face declinesBitcoin has increased by over 32% year-to-date, aligning with a broader rally across risk markets amid a weakening…
Grayscale, a crypto asset manager, has launched staking for its exchange-traded products (ETPs), marking it as the first US-based crypto fund issuer to provide staking-based passive income options.On Monday, Grayscale announced that its Ether (ETH) ETFs — the Grayscale Ethereum Mini Trust ETF (ETH) and Grayscale Ethereum Trust ETF (ETHE) — are now the first US-listed spot crypto funds enabling staking, describing this achievement as “another first-mover milestone.”Grayscale’s Solana (SOL) fund, the Grayscale Solana Trust (GSOL), has also activated staking and is pending regulatory approval for uplisting to an ETP, which will position it as the first spot Solana ETP…
The significant increase in stablecoin usage may result in a potential $1 trillion withdrawal from banks in emerging markets over the next three years, as savers are drawn to the security and liquidity offered by dollar-pegged digital assets, according to a report from Standard Chartered published on Monday.Stablecoins are enabling individuals and businesses in developing countries to bypass traditional banks, thereby accelerating the shift of essential banking operations into non-bank entities post-financial crisis, analysts Geoff Kendrick and Madhur Jha explained.These cryptocurrencies maintain their value by linking it to a stable asset, like the U.S. dollar or gold. They are crucial…
Key takeaways: Bitcoin’s rally driven by institutional investors has left retail-focused memecoins behind.Leading memecoins like DOGE, PEPE, and TRUMP show potential for a short-term rebound in Q4.Bitcoin (BTC) has continued its bull market into 2025, surpassing $125,000 over the weekend, causing altcoins such as Ether (ETH), Solana (SOL), and BNB (BNB) to rise along with it.BTC/USDT, ETH/USDT, XRP/USDT, SOL/USDT, and BNB/USDT year-to-date performance. Source: TradingViewIn contrast, top memecoins have struggled to keep up with the broader crypto market this year.DOGE, TRUMP and other memecoins declineBitcoin has increased by over 32% this year, reflecting a broader boom across risk markets due…