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.
The First Lady of the United States, Melania Trump, has reinitiated her promotion of the Solana-based memecoin, MelaniaMeme (MELANIA), after a prolonged absence, despite ongoing concerns regarding unexplained token sales amounting to millions of dollars.In a Thursday X post, Trump presented an A.I.-generated video advocating for the Official MelaniaMeme token as a way “into the future,” while tagging the official X account of the memecoin.Nevertheless, blockchain analysts quickly pointed out that the promotion failed to address the issues surrounding token sales by team wallets.Source: Melania Trump“Melania Trump won’t discuss the $10M in community tokens sold by team wallets. Just post…
Lighter has officially launched its public mainnet following eight months of private beta, entering the competitive realm of perpetual decentralized exchanges (perp DEX).The company revealed the launch on October 2. Its platform offers cost-effective, low-latency perpetual trading through custom zero-knowledge (ZK) circuits. These cryptographic frameworks validate transactions without revealing underlying data, allowing for verifiable matching and liquidations.Sponsored SponsoredPublic Launch After BetaDeveloped as an Ethereum layer 2 (L2), Lighter merges high-frequency performance with on-chain transparency. The project released audit reports confirming that its smart contracts and ZK infrastructure were externally reviewed. The team claims this design strikes a balance between scalability…
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The two largest stablecoins by market capitalization, Tether’s USDt and Circle’s USDC, have gradually lost market share over the past year, indicating a significant transformation in the stablecoin market.While both Tether’s USDt (USDT) and Circle’s USDC (USDC) have experienced increases in their market caps, they have collectively seen a decline of over 5% in market share since October 2, 2024, according to data from DefiLlama and CoinGecko.On Wednesday, Nic Carter, an industry analyst and partner at Castle Island Ventures, addressed the waning dominance of USDT and USDC in a post titled “The stablecoin duopoly is ending.”Carter suggested that new issuers…
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Tether, the issuer of the world’s largest stablecoin, has acquired nearly 8,889 bitcoin today, adding over $1 billion worth of the asset to its balance sheet, according to on-chain data. The on-chain transfer brings the firm’s total treasury holdings to over 86,000 BTC, solidifying Tether’s position as one of the largest corporate bitcoin holders globally. This acquisition appears to be part of a strategic effort to diversify Tether’s reserves into “hard assets” such as bitcoin, gold, and even agriculture. Earlier this year, the company revealed it possessed over 100,000 BTC along with 50 tons of gold, while also investing in…
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