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.
As Bitcoin (BTC) remains confined within the $110,000 to $115,000 range, data from cryptocurrency exchanges presents a mixed outlook on the premier digital currency. While traders on Binance are demonstrating a bullish perspective, those on various other platforms express some reluctance. Bullish Sentiment Among Binance Traders A post from CryptoQuant by contributor Crazzyblockk reveals that fresh derivatives data from Binance indicates changing market trends. Specifically, the recent BTC funding rate on Binance suggests that traders are adopting a bullish outlook. Related Reading In contrast, the BTC funding rate on other platforms such as OKX, Bybit, and Deribit shows that traders…
WLFI Advisor Invests $2.2M in AVAX with 10x Leverage Following $550M Avalanche Treasury Announcement
Large cryptocurrency investors and a key adviser in the crypto space have poured millions into the Avalanche smart contract blockchain’s native utility token, anticipating a price surge following recent corporate treasury announcements and Avalanche exchange-traded fund (ETF) submissions.Notable crypto investigator and World Liberty Financial (WLFI) adviser, Ogle, initiated a $2.2 million long position with 10x leverage, wagering on the Avalanche (AVAX) token’s price growth.The position was opened at an entry price of $33.88 and will be liquidated if the AVAX token drops below $15.50, as reported by blockchain data platform Lookonchain.Source: LookonchainThe WLFI adviser made his leveraged wager shortly after…
The venture capital arm of stablecoin company Circle has teamed up with crypto infrastructure provider Crossmint to extend the reach of the USDC stablecoin across various blockchain platforms, aiming to serve billions of users, including AI agents.“By integrating Crossmint Wallets and APIs for stablecoin onramps, orchestration, and agentic payments with USDC […] we’re establishing the groundwork for a new financial era: where money transfers almost instantly, access is universal, and systems are designed for both humans and machines,” Crossmint stated on Wednesday during the announcement of the partnership with Circle Ventures.Source: Rodri Fernandez TouzaCrossmint’s endorsement of AI agents comes amidst…
Key takeaways:Aster (ASTER), the decentralized exchange (DEX) token associated with Binance founder Changpeng “CZ“ Zhao, could surpass its rival Hyperliquid’s (HYPE) market capitalization and potentially increase by 480%, according to multiple analyses. ASTER price could rise 480%: analystMarket analyst Marcell indicates ASTER could capture a significant portion of HYPE’s market cap, pointing to a straightforward comparative valuation.Earlier this year, HYPE’s market cap peaked above $18 billion, nearly 4.8 times ASTER’s current $3.74 billion.Source: Marcell/XIf ASTER were to achieve that same valuation, its token price would increase from around $2 today to approximately $9.69 in the future.Marcell notes that this prediction…
Spot Bitcoin exchange-traded funds (ETFs) in the United States have witnessed back-to-back days of net outflows as the overall sentiment in the crypto market has turned negative. Summary Spot Bitcoin ETFs have reported two consecutive days of outflows. Analysts maintain a predominantly bearish outlook on Bitcoin, forecasting a potential decline to around $70k. Per SoSoValue data, the 12 US spot Bitcoin ETFs saw a net outflow of $103.61 million on Tuesday, September 23, extending a two-day trend that has seen nearly $467 million leave these funds. Fidelity’s FBTC accounted for a significant portion of the outflows, with investors withdrawing $75.56…
Highlights:Ether surged 75% against Bitcoin in Q3, but experienced a slight dip in September.Retail investor involvement has been low, diverging from institutional activity.In Q3, Ether (ETH) appreciated by 75% compared to Bitcoin, and despite recent price stagnation, traders remain optimistic about the altcoin reaching $5,000 by 2025.Data from Glassnode revealed a strong focus on Ether among futures traders, with its open interest dominance at 43.3%, the fourth highest recorded, while Bitcoin’s stands at 56.7%. Ethereum’s perpetual futures volume dominance also reached a record 67%, marking the largest shift of trading activity towards Ether in history.BTC vs. ETH perpetual futures volume…
Two Democratic lawmakers from the US Senate Banking Committee and Senate Agriculture Committee, set to vote on a market structure bill shortly, have indicated their opposition to the legislation unless an investigation into two White House officials is conducted.In a letter addressed Tuesday to officials from the US State Department, Commerce Department, and Department of Ethics, Senators Elizabeth Warren and Elissa Slotkin requested that authorities look into US President Donald Trump’s AI and crypto advisor, David Sacks, and his Special Envoy to the Middle East, Steve Witkoff. The two senators made it clear that, without clarity on whether “politically connected…
The number of crypto millionaires globally has surged by 40%, reaching 241,700. This increase aligns with a digital asset market valuation exceeding $3.3 trillion by mid-2025, according to the 2025 Crypto Wealth Report from investment migration consultancy Henley & Partners. This growth is primarily fueled by Bitcoin’s strong price performance and increasing institutional acceptance.Sponsored Sponsored Bitcoin Created 145,100 New Millionaires, Up 70% YoY The total number of investors holding over $1 million in BTC has risen by 70% year-over-year, reaching 145,100. Roughly 60% of the 241,700 crypto millionaires derive their wealth from Bitcoin, with 450 categorized as centimillionaires owning $100…
Key insights:Ether outperformed Bitcoin by 75% in Q3, yet showed slight underperformance in September.Weak retail investor engagement contrasts with strong institutional inflows.In Q3, Ether (ETH) surged 75% relative to Bitcoin, and traders remain optimistic about the altcoin potentially reaching $5,000 by 2025, despite recent price fluctuations.Data from Glassnode reveals sustained interest from futures traders in Ether. The current open interest dominance for Ether is at 43.3%, ranking fourth all-time, while Bitcoin maintains 56.7%. Additionally, Ethereum’s perpetual futures volume dominance reached an all-time high of 67%, indicating a significant shift in trading activity toward Ether. BTC vs. ETH perpetual futures volume dominance.…