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.
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Highlights:Sellers of Bitcoin are trying to breach support at $109,000 during the final Wall Street open of the week.The BTC price could potentially fall to $100,000 due to a significant “deleveraging” event.The US PCE inflation data provides no comfort for crypto enthusiasts.Bitcoin (BTC) flirted with new September lows during Friday’s Wall Street opening, as US inflation data didn’t support bulls.BTC/USD one-hour chart. Source: Cointelegraph/TradingViewLiquidity builds as Bitcoin’s price continues to dropData from Cointelegraph Markets Pro and TradingView indicated that BTC/USD was at risk of falling below $109,000.Liquidity in exchange order books remained robust on both sides of the spot price,…
PunkStrategy (PNKSTR), a token that connects NFT trading with reinvestment strategies, has seen significant growth, demonstrating rising interest in crypto-NFT hybrid approaches. However, analysts warn that volatility remains a major concern for these experimental tokens. PunkStrategy’s Innovative Model and Recent PerformanceSponsored Sponsored PunkStrategy, created by TokenWorks, employs a trading model that dedicates 10% of transaction fees to acquire Cryptopunk NFTs. These NFTs are subsequently resold at a premium, and the proceeds are reinvested into buying back PNKSTR tokens. This cyclical method aims to bolster both the NFT market and the liquidity of the token. In the last 24 hours, PNKSTR…
Sure, here’s the rewritten content while keeping the HTML tags intact: Bitfinex analysts caution about an unprecedented $18 billion worth of Bitcoin options set to expire this week. Summary A staggering $18 billion in Bitcoin options will expire this week Market makers are expected to react by selling spot BTC, according to analysts at Bitfinex BTC volatility is likely to remain subdued ahead of the expiry Bitcoin faces an unprecedented options expiry of $18 billion, which is expected to dampen volatility. Bitfinex analysts noted that the accumulation of call options between $115,000 and $125,000 has created a high-gamma situation that…
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Nearly a year into President Donald Trump’s second term, the Commodity Futures Trading Commission (CFTC) remains without a permanent leader.Brian Quintenz, a former CFTC Commissioner, was Trump’s preferred candidate for the position. A confirmation vote was anticipated by the end of July but was postponed at the request of the White House. Reportedly, the Winklevoss twins opposed Quintenz’s appointment because they believed he wouldn’t adequately safeguard the cryptocurrency sector.So, who will take on the role? In recent weeks, multiple names have emerged as potential candidates, including former commissioners and policy specialists. The White House has yet to confirm its selection,…
Highlights:The Crypto Fear & Greed Index has returned to levels last observed when Bitcoin was priced at $83,000.Analysts speculate if the BTC price “turning point” has arrived.Behavior on social media indicates an expected price rebound.Bitcoin (BTC) sentiment dropped significantly overnight on Thursday due to a new price dip leading to additional liquidations.Recent data from the Crypto Fear & Greed Index indicates that the mood is now dominated by “fear.”Bitcoin sentiment mirrors April lowsBitcoin, approaching monthly lows beneath $109,000, quickly influenced market sentiment.The Fear & Greed Index, lagging behind market changes, dropped to just 28/100 on Friday, the lowest since April…