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 insights:Bitcoin price trends from 2021 suggest a potential decline to $60,000 if historical patterns repeat.Bulls maintain that $104,000 support will hold, aiming for targets of $140,000 or more.Bitcoin (BTC) has experienced a drop of over 12.75% from its peak above $124,500, dividing traders into two factions.One faction views this as a typical bull market correction, while the other cautions that a new bear market may have commenced. So, which side presents a stronger case?Bitcoin 2021 chart patterns suggest $60,000Various analyses indicate that Bitcoin might mirror the price path that preceded the market peak in 2021.Crypto analyst Reflection notes that,…
Key takeaways:Bitcoin price charts from 2021 suggest a potential drop to $60,000 if past trends hold true.Bulls are optimistic that support at $104,000 will endure, eyeing targets of $140,000 or more.Bitcoin (BTC) has fallen over 12.75% from its all-time high of more than $124,500, dividing traders into two distinct camps.Some view it as a typical bull market correction, while others warn of the onset of a new bear cycle. But who has the stronger case?Bitcoin 2021 chart fractals point to $60,000Various analyses indicate Bitcoin might replicate the price movement that indicated the 2021 market peak.Crypto analyst Reflection notes that in…
Recent reports indicate that SoftBank and Ark Invest are negotiating to participate in Tether’s upcoming fundraising round, with the stablecoin issuer targeting a $500 billion valuation. These financial powerhouses could significantly aid Tether in achieving its ambitious objectives. The company might be preparing for a record-setting IPO soon. Tether Aims for Major Fundraising Round After Circle’s successful IPO a few months back, speculation has been rife about Tether planning a similar move. This week, Arthur Hayes stoked the excitement, as Tether reportedly explores a new fundraising initiative aimed at a $500 billion valuation. Today, those rumors are gaining traction.Sponsored Sponsored…
Bitcoin (BTC) has entered a pivotal stage in its cycle, leading analysts to discuss whether the enduring bull run is approaching its peak. With volatility tightening and historical data suggesting a potential explosive breakout, market experts are closely monitoring the upcoming weeks for indicators that could reveal the current market position and its trajectory. Endgame Approaches for Bitcoin’s Bull Run Market analyst, ‘CRYPTOBIRD’ has cautioned that the Bitcoin bull run could conclude within the next 30 days. In a thread on X social media, he pointed out that this current cycle has now reached 1,038 days since the November 2022…
Multiple applications for Solana exchange-traded funds (ETFs) featuring staking may gain US approval by mid-October, according to ETF analyst Nate Geraci, following new regulatory submissions.“I believe these will be approved [within the] next two weeks,” Geraci, president of NovaDius Wealth Management, noted in a post on X this past Friday.Geraci mentioned that asset managers such as Franklin Templeton, Fidelity Investments, CoinShares, Bitwise Asset Management, Grayscale Investments, VanEck, and Canary Capital all submitted revised S-1 filings for spot Solana (SOL) ETFs to the US Securities and Exchange Commission (SEC) on Friday. The S-1 form is a detailed disclosure that covers the…
Multiple applications for Solana exchange-traded funds (ETFs) featuring staking may secure US approval by mid-October, as noted by ETF analyst Nate Geraci in light of new regulatory filings.“I expect these will be approved [within the] next two weeks,” Geraci, president of NovaDius Wealth Management, stated in an X post on Friday.Geraci highlighted that firms like Franklin Templeton, Fidelity Investments, CoinShares, Bitwise Asset Management, Grayscale Investments, VanEck, and Canary Capital submitted revised S-1 documents for spot Solana (SOL) ETFs to the US Securities and Exchange Commission (SEC) on Friday. The S-1 document serves as a detailed disclosure detailing the company’s financials,…
MYX Finance has encountered significant selling pressure lately, with the altcoin dropping 48% from its previous highs and falling beneath $10. This decline occurs amid a generally bearish market environment. Nevertheless, technical indicators and a change in correlation with Bitcoin indicate a potential rebound might be imminent. MYX Finance Is Still Performing Strongly The Relative Strength Index (RSI) suggests that bullish momentum in MYX remains effective despite the steep decline. The indicator consistently stays above the neutral 50.0 level, signaling resilience. This strength indicates that even amid market volatility, MYX is set to make a recovery.Sponsored Sponsored For several days,…
Mike Novogratz, CEO of Galaxy Digital, mentioned that Bitcoin’s price might experience a significant surge if the next US Federal Reserve chair nominee to succeed Jerome Powell is notably dovish.“That could be the most substantial bullish catalyst for Bitcoin and the broader crypto market,” Novogratz stated in an interview with Kyle Chasse, which was published on YouTube on Friday.“If the Fed starts cutting rates at an inappropriate time and appoints a large dove,” Novogratz remarked, this may lead to a moment of “your blow-off top” for Bitcoin (BTC).“Can Bitcoin reach $200K? Absolutely… The conversation changes entirely if that occurs.”Novogratz pointed…
At least two notable investment firms are reportedly competing to support stablecoin issuer Tether as it aims to sell about 3% of its equity — a strategy highlighting strong investor interest in one of the most profitable companies globally.As reported by Bloomberg, venture capital powerhouses SoftBank Group and ARK Investment Management are among prospective investors looking to contribute a combined $20 billion in Tether.If successful, as Cointelegraph noted earlier this week, this funding round could position the company’s valuation as high as $500 billion, ranking it among the world’s most valuable private entities.In comparison, OpenAI, the creator of ChatGPT, is…
A cancer patient recently received overwhelming support from the crypto community after a scammer embezzled $32,000 from his treatment fund. He raised more than enough for his healthcare needs and has since started donating the extra funds. In today’s troubling climate of rising scams and political unrest, instances like this highlight the positive aspects of crypto. For a brief moment, the community united to address a significant injustice. Crypto Fighting CancerSponsored Earlier this week, Steam took down a game called “Block Blasters” after community detectives alerted them that it contained malware designed to steal crypto. The game had been live…