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:CME open interest for SOL reached an unprecedented $2.16 billion, indicating significant institutional involvement.Retail traders are remaining cautious after $307 million in liquidations, resulting in muted leverage.Solana ETPs have surpassed $500 million AUM, emphasizing trends in institutional accumulation.Solana (SOL) futures are at a critical juncture, with the Chicago Mercantile Exchange (CME) open interest (OI) reaching a record high of $2.16 billion as SOL’s price climbed 23% to $235, rebounding from a local bottom of $195 on Friday. This timing is significant, as institutional volumes on CME increased following SOL’s bottom, showcasing how market participants are positioning themselves ahead of…
Key takeaways: Bitcoin surged 14% in one week, approaching $124,000 amid a US government shutdown.Onchain data indicated a $1.6 billion increase in buying and a Coinbase premium gap of $92, suggesting demand driven by US investors.Analysts identify resistance around $130,000, with potential price discovery anticipated next week.Bitcoin (BTC) has experienced a significant rally over the past week, gaining 14% and trading just short of $124,000 from a low of around $108,600 last Friday. This upward movement could lead Bitcoin into new price-discovery territory beyond $125,500, coinciding with the total cryptocurrency market cap exceeding $4.21 trillion—highlighting the overall strength of this rally.Bitcoin…
By 2025, the landscape of cryptocurrency theft has transformed from basic rug pulls and scams to complex, state-sponsored operations targeting major exchanges and vital infrastructure. More than $2.17 billion was taken in the first half of 2025, and that amount keeps climbing.In just September, there were 20 crypto-related attacks that led to reported losses of $127.06 million, underscoring the escalating threat. Here are three notorious hackers involved in significant crypto breaches.Sponsored 1. Lazarus GroupThe Lazarus Group is a renowned hacking organization associated with North Korea. Known by various names including APT 38, Labyrinth Chollima, and HIDDEN COBRA, this group has…
According to on-chain data, BNB surged to an unprecedented high of $1,111 and is currently trading around $1,110 following an 8% increase in the last 24 hours. Related Reading Data indicates that nearly $400 million in positions were liquidated in the BNB market over the past day, with roughly $270 million from short positions and $127 million from long positions. Liquidations And Short Squeeze The notable liquidation figures suggest a rapid and significant move that compelled leveraged traders to exit the market. Short sellers experienced the most significant impact, elucidating the abrupt price surge. Quick liquidations can rapidly elevate prices,…
A US judge has dismissed a lawsuit from an investor against Web3 company Yuga Labs, stating that the case did not prove that non-fungible tokens (NFTs) qualify as securities under the law.Judge Fernando M. Olguin ruled that the plaintiffs did not show how Bored Ape Yacht Club (BAYC), ApeCoin (APE), or other NFTs sold by Yuga fulfilled the three criteria of the Howey test, a benchmark used by the Securities and Exchange Commission (SEC) to identify whether a transaction qualifies as an investment contract. The lawsuit was initially filed in 2022.Yuga Labs promoted its NFTs as digital collectibles with membership…
The Ethereum Foundation (EF) has unveiled plans to convert 1,000 Ether (ETH) into stablecoins to support research, grants, and donations, in line with its broader treasury strategy and involvement in funding decentralized finance (DeFi) initiatives.This transaction, valued at about $4.5 million at current market rates, was carried out through CoW Swap, a decentralized trading protocol that consolidates liquidity from various exchanges to provide users with competitive rates without depending on a centralized intermediary.Neither the foundation’s announcement nor its treasury policy indicated which stablecoins it would receive in exchange for the ETH.Source: Ethereum FoundationThis recent conversion follows EF’s prior announcement in…
The upcoming phase of stablecoin adoption may not be driven by humans. According to Paxos Labs’ co-founder, AI agents could be the pivotal factor, rapidly reallocating liquidity to the most efficient issuers and transforming market fragmentation into an advantage.With more defined regulations on stablecoins being established in the United States, the stablecoin market has now exceeded $300 billion, emerging as one of the main narratives in crypto. Nonetheless, fragmentation among issuers and jurisdictions continues to pose a challenge.As new players enter an increasingly varied landscape—ranging from dollar-backed leaders like Tether and Circle to synthetic assets like Athena, as well as…
On Friday, Coinbase (COIN) announced its application for a national trust charter with the U.S. Office of the Comptroller of the Currency (OCC), a significant step towards federal regulatory oversight upon approval.The charter aims to enhance Coinbase’s current custody services by incorporating payments and settlement offerings without needing to establish a full-service bank charter.”Coinbase does not intend to become a bank,” stated Greg Tusar, Coinbase’s vice president of institutional product, in a blog post. “We strongly believe that defined regulations along with regulator and customer trust allow us to innovate confidently while maintaining appropriate oversight and security.”Currently, the U.S. crypto…
The price of Bitcoin has surged past the $120,000 mark, with the market providing solid data instead of mere speculation.The spot price broke through the critical $120,000 threshold on October 2, closing near $120,606 after a notable +5.5% increase from September 29. It’s maintaining this level today despite a slight retreat. This rise in spot price is not a singular event.Bitcoin ETFs reported two consecutive days of significant net creations, totaling approximately $676 million on October 1 and $627 million on October 2, following a turbulent period of outflows around September 25-26.Simultaneously, futures and options quickly rebounded into October: BTC…
A U.S. judge has dismissed a lawsuit from an investor against Web3 company Yuga Labs, stating that the case did not illustrate how non-fungible tokens (NFTs) fit the legal definition of securities.Judge Fernando M. Olguin ruled that the plaintiffs failed to prove how the Bored Ape Yacht Club (BAYC), ApeCoin (APE), or other NFTs offered by Yuga met the three criteria of the Howey test, which the Securities and Exchange Commission (SEC) employs to assess whether a transaction constitutes an investment contract. The lawsuit was initiated in 2022.Olguin indicated that Yuga Labs promoted its NFTs as digital collectibles with membership…