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.
Plasma founder Paul Faecks has refuted claims of insider selling after the XPL token, the project’s native currency, plummeted over the weekend, losing more than half its value.On Thursday, Faecks dismissed rumors that the team had liquidated tokens on the market, emphasizing that both investor and team allocations are locked for three years, with a one-year cliff. “No team members have sold any XPL,” he asserted.Plasma officially debuted its mainnet beta along with the Plasma (XPL) token on September 25. This layer-1 blockchain aims to reduce costs and improve the speed of stablecoin payments.After the launch, XPL soared to nearly…
Plasma founder Paul Faecks has refuted claims of insider selling after the project’s native token, XPL, plummeted by over 50% over the weekend.On Thursday, Faecks dismissed rumors that the team sold tokens on the market, emphasizing that both investor and team allocations are locked for three years with a one-year cliff. “No team members have sold any XPL,” he stated.XPL surged to nearly $1.70 on Sunday but fell steadily to $0.83 by Wednesday, losing more than 50% of its value, according to TradingView data.The sharp decline led many community members to suspect that the team might have used a time-weighted…
The rise of Ether ETFs Ether’s practical use and the growth of spot exchange-traded funds (ETFs) have resulted in $3.87 billion in inflows in August 2025, while Bitcoin ETFs experienced $751 million in outflows.Ether (ETH) transcends being just another cryptocurrency. As a foundation for decentralized finance, non-fungible tokens (NFTs), and smart contracts, it provides real-world utility that Bitcoin (BTC) doesn’t offer. In 2025, Ether is making significant strides in mainstream finance.The launch of spot Ether ETFs offers institutional investors a regulated and accessible method to gain exposure to ETH. This year’s narrative extends beyond Bitcoin ETFs. Data from SoSoValue indicates…
Key takeaways:BTC needs to surpass the next major resistance level to access targets between $127,000 and $137,000.On-chain metrics indicate potential for growth, with key risk levels at $122,000 and $138,000.Bitcoin (BTC) finished September with a 5.35% gain, rebounding from a late-month dip. Historically, such positive Septembers have set up a bullish “Pumptober,” as per on-chain analytics from Lookonchain.BTC price performance in October. Source: X/LookonchainWith Bitcoin already climbing today, will history favor substantial BTC gains in October once again?BTC price double bottom targets $127,000Bitcoin’s daily chart reveals a classic double bottom setup, a bullish reversal pattern that forms when the price…
The price of Bitcoin has been moving sideways for several months, but liquidity indicators that have closely followed this cycle are suggesting a shift is on the horizon. Key factors such as Global M2, stablecoin supply, and correlations with Gold are indicating that BTC is accumulating pressure for its next upward movement. Global M2 and Bitcoin’s Price Dynamics The global M2 money supply has historically maintained a strong association with Bitcoin trends. The expansion of M2 tends to align with bull markets, while stagnation or contraction has typically coincided with periods of sideways movement and declines. In recent months, growth…
Tokenized equities promise significant advantages for traditional markets, yet may not prove beneficial for the crypto sector as previously anticipated, according to Rob Hadick, general partner at the crypto venture firm Dragonfly.“There’s no doubt it has a big effect on TradFi,” Hadick stated in an interview with Cointelegraph during the TOKEN 2049 conference in Singapore. “They want 24/7 trading; it enhances their economics.”Nevertheless, he expressed skepticism regarding the advantages for leading crypto entities involved in real-world asset tokenization, like Ethereum.The US Securities and Exchange Commission is allegedly formulating a strategy to permit blockchain versions of stocks to be traded on…
The value of AVAX, the native token for the Avalanche blockchain, surged after a new company disclosed plans to go public in the US and acquire over $1 billion worth of the token.The company, Avalanche Treasury Co., announced on Wednesday that it would merge with the special purpose acquisition company (SPAC) Mountain Lake Acquisition Corp. in a deal exceeding $675 million.The newly formed company anticipates a Nasdaq listing in the first quarter of 2026 under the ticker symbol “AVAT,” pending regulatory and shareholder approval.Emin Gün Sirer, the founder and CEO of the Avalanche blockchain development firm Ava Labs, will serve…
As the digital asset treasury (DAT) sector matures, major consolidation is expected among key players, according to Coinbase’s head of investment research, David Duong. Companies are likely to seek mergers to attract investors, similar to the recent deal between Strive and Semler Scientific.Duong discussed this trend with Cointelegraph, stating that beyond enhancing share prices, “mergers and acquisitions may become more common, especially as we approach advanced stages of the DAT cycle.”On September 22, Strive, a Bitcoin treasury company, announced it was acquiring Semler Scientific in an all-stock deal.Source: StriveSimultaneously, Duong mentioned that DATs are increasingly adopting crypto-centric strategies, like yielding…
Hedera (HBAR) is currently navigating within a descending wedge that has persisted for over 10 weeks. The altcoin is making an attempt to break free from this pattern, which might shift momentum towards the bulls. However, such a breakthrough could come at a significant cost for short traders reluctant to adjust their positions. Hedera Traders Could Face Losses According to liquidation data, over $32 million in short contracts could be liquidated if HBAR climbs towards its next significant resistance. The crucial level to monitor is $0.248, which lies just above the immediate resistance zone. A move beyond this threshold would…
SBI Crypto has become the latest prominent exchange implicated in a suspected state-sponsored cyberattack, with investigator ZachXBT, aided by Cyvers, linking a $21 million multi-coin theft to wallets associated with earlier DPRK operations. Summary Recent reports indicate that SBI Crypto has suffered a $21 million loss due to a multi-coin hack, as identified by ZachXBT and Cyvers. Investigators noted discernible laundering patterns akin to previous DPRK-related operations. As of now, the exchange has not publicly acknowledged the breach. On October 1, crypto investigator ZachXBT disclosed that just a week earlier, wallets linked to SBI VC Trade Co., Ltd., the parent…