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:A bull flag pattern for ETH price is forming on the weekly chart, aiming for $10,000.Ether ETFs saw inflows totaling $674 million over two consecutive days.Since April 1, strategic Ether reserves and ETF holdings have increased by 250%. Ether’s (ETH) price has created a bull flag pattern on the weekly chart, indicating strong bullish momentum following an upward breakout.Could this technical indication, along with the resurgence of institutional interest, signal the start of a rally towards new all-time highs?Ether’s price bull flag targets $10,500Technical analysis of ETH price suggests it may gain momentum if it breaks out of the bull…
Bitwise CEO Hunter Horsley believes Solana could surpass Ethereum in the staking exchange-traded fund (ETF) sector, citing its design as more advantageous for investors.In a conversation with Cointelegraph editor Andrew Fenton at Token2049 in Singapore, Horsley emphasized that Solana’s faster unstaking period provides a competitive edge. For example, Ethereum’s withdrawal queue has recently hit record levels, while Solana’s generally clears more swiftly. Horsley mentioned that this distinction is crucial for issuers who need to rapidly return assets to investors.“It’s a significant challenge,” Horsley remarked. “ETFs need to expedite asset returns within a short time frame. This presents a considerable issue.”Staking…
Highlights:Bitcoin aims to surpass $118,000, a milestone not reached since mid-August.Weakness in the US labor market propels crypto and risk assets upward, even with the US government shutdown.Dips in price are seen as “buy opportunities,” according to BTC price analysis.Bitcoin (BTC) reached six-week highs after Wednesday’s Wall Street opening as markets overlooked the US government shutdown.BTC/USD four-hour chart. Source: Cointelegraph/TradingViewBitcoin opens October with a breakout attemptData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $117,713 following disappointing US jobs figures.The pair was just $150 shy of exceeding its September high, which would mark its peak since August 17.“Bitcoin is…
Opinion by: Sam Mudie, CEO of SaveaPreviously, alternative assets were reserved for the elite.For centuries, fine wine, high art, and luxury watches were accessible only to exclusive societal circles.However, everything has shifted. Blockchain technology has digitized these alternative assets, allowing for fractional ownership and continuous access.The result? The distinction between “alternative” and “mainstream” is rapidly vanishing.Luxury assets have been traditionally inaccessibleAccessing the passion class of assets has historically relied on connections, placing them beyond the reach of many investors. Moreover, there exists a disparity in returns based on investment amounts, with smaller investments often yielding poorer outcomes compared to larger…
Bitcoin (BTC), the top cryptocurrency, has triggered a significant recovery in the wider cryptocurrency market, achieving a 5% gain during Wednesday’s trading session to reclaim the $117,000 level. This upward trend has benefited major altcoins such as Ethereum (ETH), XRP, Solana (SOL), and Binance Coin (BNB), with average increases of around 3%, possibly indicating the start of a new altcoin season. Crypto Prices Rise Amid US Government Shutdown The rise in crypto prices coincided with political events as the US Senate’s inability to pass a temporary funding bill led to a government shutdown shortly after midnight on Wednesday. Related Reading…
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Memecoins might entice new users to blockchains, but the majority of profits go to the platforms that create and trade these tokens, as highlighted in a recent report from Galaxy Research. The study, published on Wednesday, indicates that while many traders incur losses in a high-stakes market, infrastructure providers like launchpads, decentralized exchanges, and trading bots earn millions by enabling memecoin trading. Solana’s Pump.fun, a memecoin launchpad that launched in early 2024, has significantly benefited, with a total market value of $4.8 billion for tokens on the platform, according to the report. Galaxy pointed out that of the 32 million…
Pavel Durov, founder of Telegram and developer of The Open Network (TON), disclosed in a recent interview that he suspects he was poisoned in 2018. This incident reportedly took place amid rising tensions between his messaging platform and the Russian government. At that time, Telegram resisted a demand from Russia’s Federal Security Service for encryption keys, intending to access messaging data. The government subsequently banned the app.Sponsored Sponsored Pavel Durov’s Near-Fatal Collapse In an interview on the Lex Fridman podcast, Durov recounted an attempt on his life in spring 2018. He explained that TON was in the process of raising…
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