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.
Splyce and Chintai, two real-world asset (RWA) protocols, have introduced a new offering on the Solana blockchain aimed at providing retail users with access to institutional-grade tokenized securities, potentially enhancing the appeal of RWA tokenization on this major blockchain.This product utilizes strategy tokens, or S-Tokens, which give retail users access to yields produced by Chintai. Though users do not directly possess Chintai’s tokenized securities, S-Tokens serve as a “mirror” through a loan model supported by the underlying assets.The S-Tokens are crafted to expand access to RWA yields for more than just institutional investors. Currently, many institutional RWA offerings function as…
error code: 524
Key points: Bitcoin’s sell-off has deepened, yet data reveals that spot buyers are increasing their allocation sizes.Liquidation heatmap data indicates that the sell-off may extend down to $107,000.Bitcoin (BTC) dipped to a two-week low of $108,865 on Thursday. Although various entities are showing interest in purchasing at the lower range, selling during the Asian trading session has undermined the gains achieved in each US session rebound.Bitcoin returns by trading session and region. Source: Velo dataOver the past week, traders have been buying intra-day lows, but liquidation heatmap data from Hyblock shows a cluster of leveraged long positions at risk of…
Key points: The sell-off of Bitcoin has deepened, yet data indicates that spot buyers are increasing their allocation. Liquidation heatmap data implies that the sell-off could reach down to $107,000.On Thursday, Bitcoin (BTC) dropped to a 2-week low of $108,865. Despite various entities showing interest in purchasing at the lower range, selling during the Asian trading session has diminished the gains made during each US session rebound. Returns of Bitcoin by trading session and region. Source: Velo dataOver the past week, traders have entered to buy at intra-day lows. However, liquidation heatmap data from Hyblock reveals a cluster of leveraged…
Sure! Here’s the rewritten content while keeping the HTML tags intact: On September 23, Bitcoin achieved a new record hashrate of 1,073 EH/s. In the past month, raw computational power increased by about 21%.In the last quarter, this growth was approximately 70%. Over the past year, the increase has been staggering, reaching around 675%.Hashrate was once primarily a topic for miners and technical enthusiasts. Now, it resembles a capital expenditure scoreboard for a tradable industry.Let’s quickly clarify: What exactly is hashrate, and why should those outside of mining care?Hashrate represents the total computational power directed at Bitcoin’s proof-of-work, indicating how…
Asset manager Hashdex has broadened its Crypto Index US exchange-traded fund (ETF) to incorporate XRP (XRP), SOL (SOL), and Stellar (XLM) following a change in the generic listing rule by the Securities and Exchange Commission (SEC).The ETF, listed on the Nasdaq, now comprises five cryptocurrencies managed on a 1:1 basis by the fund, including Bitcoin (BTC) and Ether (ETH), and is trading under the ticker symbol NCIQ, as stated in Thursday’s announcement.The SEC’s approval of generic listing standards for ETFs in September streamlines the ETF approval process for qualifying cryptocurrencies.Hashdex’s announcement on expanding its ETF in light of the SEC’s…
error code: 524
error code: 524
Asset manager Hashdex has broadened its Crypto Index US exchange-traded fund (ETF) to incorporate XRP (XRP), SOL (SOL), and Stellar (XLM) in light of the recent generic listing rule modification by the Securities and Exchange Commission (SEC).The ETF, listed on the Nasdaq stock exchange, now encompasses five cryptocurrencies held 1:1 by the fund, which includes Bitcoin (BTC) and Ether (ETH), and trades under the ticker symbol NCIQ, as stated in Thursday’s announcement.The SEC’s approval of generic listing standards for ETFs in September facilitates a quicker ETF approval process for eligible cryptocurrencies.Hashdex’s notification of its ETF expansion following the proposed SEC…
Solana seems set to finish this month in the negative, breaking a four-year history of positive September outcomes. A general downturn in market sentiment, coupled with on-chain metrics indicating a drop in network activity, could drive SOL’s price down as the month concludes. Decline in SOL Network Activity, Negative Market SentimentSponsored Sponsored Historically, September has been favorable for SOL, yielding gains for the past four years. In 2021, SOL experienced a spike of 29%, followed by a steady increase of 5.38% in 2022. The growth intensified in 2023 with an 8.22% rise, and in 2024, a solid 12.5% increase was…