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.
According to John D’Agostino, head of institutional strategy at Coinbase, crypto is essential for artificial intelligence-powered agents to function efficiently in the financial market, as traditional finance infrastructure is outdated.D’Agostino told CNBC’s Squawk Box on Tuesday that AI agents acting on behalf of individuals require “true sources of information” to avoid disastrous outcomes.He explained, “Artificial intelligence represents infinitely scalable intelligence, and when considering blockchain—the underlying technology for crypto— as an infinitely scalable source of truth, it’s clear these technologies complement each other effectively.”John D’Agostino of Coinbase believes that AI agents depend on crypto for effective operation in financial markets. Source:…
According to Coinbase’s head of investment research, David Duong, digital asset treasury companies will likely consolidate under a few larger entities as the cycle matures and firms strive to attract investors.In a conversation with Cointelegraph, Duong mentioned that aside from strategies aimed at improving share prices, “companies may begin to pursue mergers and acquisitions, similar to the recent Strive and Semler Scientific deal, as we move toward the more mature stages of the DAT cycle.”Strive, an asset manager turned Bitcoin treasury company, revealed on Sept. 22 that it was acquiring Semler Scientific in a deal involving all stock.Source: Strive Simultaneously, Duong…
The value of AVAX, the native cryptocurrency of the Avalanche blockchain, surged after a newly established firm revealed its intention to go public in the US and acquire over $1 billion of the token.The firm, Avalanche Treasury Co., announced on Wednesday its merger with the special purpose acquisition company (SPAC) Mountain Lake Acquisition Corp. in a deal exceeding $675 million.The combined entity anticipates a listing on the Nasdaq in the first quarter of 2026 under the ticker “AVAT,” pending regulatory and shareholder consent.Emin Gün Sirer, the founder and CEO of the Avalanche blockchain development firm Ava Labs, will serve as…
The cryptocurrency markets have experienced a significant surge in the last 24 hours, marking a seven-week high for Bitcoin as the traditionally strong month of October begins.Bitcoin (BTC) has soared by 4% in the past day, reaching $119,450 on Coinbase during early Thursday trading, according to TradingView.This price point is the highest Bitcoin has seen since August 14, when it began to correct from its all-time peak.Bitcoin has successfully surpassed resistance at $117,500 but encounters additional resistance around the $120,000 mark. A breakthrough here could open the pathway to new peak prices, though it has slightly retraced to $118,947 as…
Update, Oct. 1, 10:11 am UTC: This article has been revised to include comments from the BNB Chain team. The official X account of the BNB Chain blockchain network, boasting nearly four million followers, was hacked on Wednesday. Cybercriminals exploited the account to disseminate phishing links aimed at cryptocurrency wallets. Binance founder Changpeng “CZ” Zhao confirmed the breach, advising his followers to avoid interacting with the malicious posts featuring phishing links. “The hacker posted multiple links to phishing sites asking for Wallet Connect. Do NOT connect your wallet,” CZ cautioned.He mentioned that BNB Chain’s security teams have alerted X and are…
Cryptocurrency markets have experienced a significant rise in the past day, marking a seven-week peak for Bitcoin as the typically bullish month of October commences.Bitcoin (BTC) has surged by 4% in the last 24 hours, reaching $119,450 on Coinbase during early trading on Thursday, according to TradingView.This represents the highest value Bitcoin has attained since August 14, seven weeks prior, when it began to correct from its all-time high.Bitcoin has surpassed resistance at $117,500 but faces additional challenges at the $120,000 mark. A breakout above this level could open the door for new price peaks, although it has slightly retreated…
Crypto markets have experienced a significant rise in the last day, leading to a seven-week peak for Bitcoin as the typically bullish month of October commences.Bitcoin (BTC) has surged by 4% in the past 24 hours, with the premier digital asset reaching $119,450 on Coinbase during early trading on Thursday, according to TradingView.This marks the highest price Bitcoin has attained since August 14, seven weeks ago, when it began its correction from the all-time high.Bitcoin has surpassed resistance at $117,500 but faces additional resistance around the $120,000 mark. A breakout above this threshold could pave the way for new peak…
Bitcoin (BTC) experienced a modest increase earlier today, rising from $113,000 to approximately $117,000 at the time of writing. This contrasts with forecasts from various crypto analysts who anticipated a downturn in risk-on assets stemming from the US government shutdown. Bitcoin Climbs Amid US Government Shutdown The US federal government entered a shutdown at midnight on September 30, following a failure to reach a funding agreement between President Donald Trump and Congress. The two parties were particularly divided over enhanced Obamacare subsidies, each reluctant to accept responsibility. Related Reading Surprisingly, Bitcoin surged despite the uncertainty surrounding the US government shutdown,…