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.
Binance announced on Monday that it will list Aster (ASTER) and commence spot trading for ASTER/USDT, ASTER/USDC, and ASTER/TRY pairs at 12:00 UTC on October 6. Deposits opened three hours prior, with withdrawals to follow the next day.The listing signifies Aster’s transition from Binance Alpha to the main Spot market. Analysts believe Binance’s backing could enhance confidence and increase scrutiny over DeFi trading practices.Sponsored SponsoredAster Advances From Alpha to SpotAster previously appeared on Binance Alpha, a pre-listing platform for experimental tokens. Binance will transfer all balances from Alpha to Spot within 24 hours. The exchange has implemented its Seed Tag,…
Galaxy Digital, a cryptocurrency investment firm established by former Fortress Investment Group president Michael Novogratz, is introducing the GalaxyOne platform, which provides access to both crypto and traditional finance (TradFi) markets.Galaxy Digital has unveiled GalaxyOne, a platform that integrates yields on fiat cash with cryptocurrency and equity trading, as announced by the company on Monday.Targeting individual investors in the United States, GalaxyOne features a 4% annual percentage yield (APY) on cash deposits, along with an 8% APY via Galaxy Premium Yield, which is exclusively available to accredited investors.“We’ve spent years constructing institutional-quality infrastructure for the world’s most sophisticated investors. Now,…
Bitcoin (BTC) kicks off its first full week of “Uptober” having just reached a new all-time high. What can we anticipate for BTC price movements ahead?Bitcoin achieved a new record over the weekend, yet traders anticipate some consolidation prior to targeting $150,000.Key price support retests for BTC focus on $118,000 and above.According to an AI-powered BTC price prediction tool, classic bull-market gains might take longer to materialize.This week, macroeconomic signals are expected from Federal Reserve officials amidst the ongoing US government shutdown.Crypto market sentiment narrowly escapes “extreme greed” with Bitcoin’s ascent to all-time highs.$150,000 is the new BTC price targetAfter…
The Global Investment Committee of Morgan Stanley has released fresh guidelines urging investors to allocate a modest yet purposeful segment of their portfolios to Bitcoin.Analysts at the bank now categorize Bitcoin as a “scarce asset akin to digital gold,” suggesting an allocation of 2% to 4%, based on individual risk tolerance.Chart Illustrating Morgan Stanley’s GIC Bitcoin Allocation Advice (Source: Hunter Horsley)Considering that Morgan Stanley’s GIC formulates strategies for around 16,000 financial advisors managing approximately $2 trillion in client assets, even a slight uptick in adoption could result in billions entering Bitcoin.The bank’s suggestions could potentially lead to an influx of…
Vietnam’s Ministry of Finance has reported that there have been no applications from companies to join the country’s five-year digital asset trading pilot, despite a surge in global interest in regulated cryptocurrency markets.During a news briefing on Sunday, Deputy Minister of Finance Nguyen Duc Chi stated to local media that the ministry has not received any proposals from firms wishing to initiate digital asset trading in the nation.“At this moment, the ministry has not seen any proposals from enterprises,” Chi added, noting that the pilot program will permit a maximum of five participants. He also mentioned that the ministry is…
Bitcoin (BTC) begins its first full week of “Uptober” arriving at a new all-time high — what developments will influence BTC price action moving forward?Bitcoin achieved a new record over the weekend, but traders anticipate some consolidation before aiming for $150,000.BTC price support retest targets are focused on $118,000 and higher.Classic bull-market gains may take more time to materialize, according to an AI-driven BTC price forecasting tool.Macroeconomic signals are expected from Federal Reserve officials this week due to the ongoing US government shutdown.Crypto market sentiment narrowly avoids “extreme greed” following Bitcoin’s rise to all-time highs.$150,000 becomes the new BTC price…
Following last week’s macro-driven outflows, investors came back strongly amid Fed easing and political uncertainty, driving crypto inflows close to the $6 billion mark.The looming US government shutdown, along with other macro concerns, rekindled investor interest in risk-on assets in light of fiat uncertainty.Sponsored Crypto Inflows Reached $5.9 Billion Last WeekThe latest CoinShares report reveals that digital asset investment products saw a significant turnaround last week, boasting record inflows of $5.95 billion.This surge follows a notable $812 million outflow the week prior, illustrating the quick change in sentiment.James Butterfill, head of research at CoinShares, indicated that investors responded to disappointing…
The Bitcoin supply available on cryptocurrency exchanges has significantly dropped to approximately 2.8 million BTC, a level not observed since July 2019. This decline in supply follows the token’s recent all-time high at $125,506. Summary Bitcoin exchange balances have reached a six-year low of only 2.8 million BTC, indicative of increasing self-custody trends and greater institutional accumulation. BTC price momentum remains robust after hitting a new all-time high of $125,506, with technical indicators suggesting consolidation above $122,000. The quantity of Bitcoin stored on trading platforms like Binance, Bitget, Coinbase, and others has seen a marked decline after the token achieved…
Investors are seeking refuge in safe-haven assets like Bitcoin and gold, as the US national debt approaches a staggering $38 trillion.Currently standing at $37.9 trillion, America’s national debt has increased by $69,890 every second — or nearly $4.2 million each minute — over the last year, according to the debt dashboard of the US Congress Joint Economic Committee.This accounts for an astonishing $6 billion daily, which is more than the gross domestic product of over 30 nations, as per data from Worldometer.Change in America’s national debt over the last 12 months, measured in certain time intervals. Source: US Congress Joint…
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