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.
Ethereum is at a pivotal moment after hitting the $3,800 liquidity level and experiencing a rebound, yet it remains stalled beneath the significant $4,060 threshold. With momentum in doubt, traders are speculating whether this lull indicates a mere fakeout before recovery or the onset of a deeper decline towards the $3,600 support level. Struggling Below $4,060: Key Support Yet To Be Reclaimed Ted, a prominent crypto analyst, recently offered his observations on Ethereum’s current price trends in a post on X. He noted that ETH has effectively touched the $3,800 liquidity level, a move he had predicted. This zone has…
This week in DeFi, a discussion has arisen regarding whether the increasing involvement of Wall Street participants could trigger the crypto market’s first significant “supercycle,” leading to digital asset valuations surpassing the traditional four-year cycle.As the foremost smart contract blockchain, Ethereum’s native token, Ether (ETH), is poised to gain from “Wall Street’s embrace of blockchain,” according to BitMine, the largest corporate ETH holder.Despite this optimistic outlook, Ether’s price recently dropped 13%, falling below the $4,000 mark for the first time since August 8, according to data from Cointelegraph.ETH/USDT, one-month chart. Source: CointelegraphWithin the broader cryptocurrency arena, the vesting schedule for…
Another publicly traded company is entering the digital asset treasury market, aiming for exposure to The Open Network’s native coin, even as the token’s value continues to decline.On Thursday, AlphaTON, previously known as Portage Biotech, announced it had acquired $30 million worth of Toncoin (TON) tokens as part of its cryptocurrency accumulation strategy. The token has dropped approximately 13% over the past month.With this purchase, AlphaTON became the second digital asset treasury (DAT) focused on Toncoin, joining TON Strategy Co., which rebranded from Verb Technology Company in August.In a press release, the company mentioned plans to grow its treasury to…
A different publicly listed company is entering the digital asset treasury market, aiming to gain exposure to The Open Network’s native coin, even as the token’s value continues to decline.In a Thursday announcement, AlphaTON, formerly known as Portage Biotech, revealed it has acquired $30 million worth of Toncoin (TON) tokens as part of its cryptocurrency accumulation strategy. The token has dropped approximately 13% over the past month.With this acquisition, AlphaTON becomes the second digital asset treasury (DAT) focused on Toncoin, following TON Strategy Co., which rebranded from Verb Technology Company in August.In a press release, the company stated its intent…
Highlights:Bitcoin is approaching the support of its significant range, suggesting a potential relief rally in the short term.Many major altcoins are attempting to initiate a relief rally, but they may face considerable resistance from bearish traders at higher price levels.Bitcoin (BTC) has regained the $110,000 mark, but the sustainability of this bounce remains uncertain. Analysts from Glassnode mentioned in a post on X that long-term holders booked profits totaling 3.4 million BTC, and the inflow of funds to exchanges slowed following the Federal Reserve’s rate cut on Sept. 17, indicating exhaustion and potential downside risk.Per Farside Investors data, the US…
Inflation is on the rise, leading traders to worry about the Fed’s potential actions amid ongoing macroeconomic uncertainty. Summary The Fed’s preferred inflation gauge, the PCE price index, rose by 2.7% in August Inflation aligned with forecasts, yet the index increased compared to the previous month One industry expert notes that institutions are starting to take profits The cryptocurrency markets are down, with Bitcoin slipping below $110,000 as inflation concerns impact perceptions of Fed policy. As of Friday, September 26, Bitcoin was trading at $109,640, a 1.6% decrease for the day, resulting in a weekly drop of 5.5%. The recent…
SWIFT has reportedly assembled a consortium featuring BNY Mellon and BNP Paribas for an essential experiment aimed at transferring its core messaging system to ConsenSys’ Ethereum layer-2, Linea. Summary SWIFT and banks like BNY Mellon and BNP Paribas are reportedly trialing blockchain messaging on Consensys’ Ethereum layer 2, Linea. This initiative follows SWIFT’s 2023 tokenization trials and supports future digital asset tests scheduled for 2025. A successful deployment could enable faster settlements, reduced costs, and enhanced cross-border payment frameworks. According to a Sept. 26 report from The Big Whale, the global financial messaging cooperative has launched a development project with…
Key points:Bitcoin is approaching the support of a significant range, suggesting a potential relief rally soon.Many major altcoins are attempting to initiate a relief rally, but significant resistance from bears is anticipated at higher levels.Bitcoin (BTC) has reclaimed the $110,000 level, but its sustainability remains uncertain. Analysts from Glassnode noted in a post on X that long-term holders realized profits of 3.4 million BTC, while inflows into exchange funds decreased following the Federal Reserve’s rate cut on Sept. 17, indicating exhaustion and potential downside risk.Data from Farside Investors suggests that US spot BTC ETFs experienced net outflows of $479 million…
This week in DeFi, a discussion arose regarding the potential for increased adoption by Wall Street participants to trigger the crypto market’s inaugural prolonged “supercycle,” which could see digital asset valuations exceeding the typical four-year cycle timeframe.As the foremost smart contract blockchain, Ethereum’s native Ether (ETH) token may stand to gain from “Wall Street venturing into the blockchain,” as indicated by BitMine, the largest corporate holder of ETH.Despite this positive outlook, Ether’s price took a 13% dip over the week, falling below the $4,000 mark for the first time since August 8, according to Cointelegraph data.ETH/USDT, one-month chart. Source: CointelegraphIn…
Key points:Bitcoin approaches a significant support level in its broad range, suggesting a potential short-term relief rally.Major altcoins are attempting to initiate a relief rally, yet they may encounter substantial resistance from bearish traders as they rise.Bitcoin (BTC) has recaptured the $110,000 mark, though its sustainability is uncertain. Analysts at Glassnode noted in a post on X that long-term holders realized gains of 3.4 million BTC, with inflows into exchange funds tapering off following the Federal Reserve’s rate cuts on Sept. 17, indicating exhaustion and downside risks.Farside Investors reported that US spot BTC ETFs have experienced net outflows of $479…