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.
Main Points:Ether increased by 75% against Bitcoin in Q3, though it has shown slight underperformance in September.Weak retail investor involvement has led to a divergence from institutional flows.Ether (ETH) surged 75% compared to Bitcoin in Q3, and despite recent price stagnation, traders remain optimistic that the altcoin could reach $5,000 by 2025.Data from Glassnode shows that futures traders are increasingly focused on Ether. The open interest for Ether stands at 43.3%, the fourth highest on record, while Bitcoin is at 56.7%. Additionally, Ethereum’s perpetual futures volume has achieved a new all-time high of 67%, reflecting a significant shift in trading…
According to Guillaume Poncin, chief technology officer of payment company Alchemy, stablecoins will not overtake established payment platforms like Visa and Mastercard until they incorporate strong consumer protections. Traditional payment companies provide chargebacks, fraud protection, dispute resolution, and credit options that consumers expect. Poncin mentioned to Cointelegraph that stablecoin projects must add these features to appeal to the average user.He noted that consumer protection features could be integrated into smart contracts, and that stablecoin issuers and payment platforms could establish insurance pools for fraud payouts. Poncin stated the fusion of traditional payment rails and stablecoins is on the horizon:“I expect…
Shares of Bitcoin miner IREN Limited (NASDAQ: IREN) surged today as investors embraced the company’s transition from a dedicated bitcoin miner to a comprehensive AI-cloud operator. The stock saw a leap into double-digit gains following two distinct analyst reports that reinforced confidence in the company’s strategy. Additionally, IREN revealed a substantial GPU acquisition that significantly alters its revenue trajectory. IREN has climbed 110% over the past month, reaching $48.75, including a 16.6% increase today, and has skyrocketed over 530% in the last six months. What’s Driving IREN’s Surge? The key factors are clear: IREN has announced that it has doubled…
On Wednesday, Hyperliquid launched its native stablecoin, USDH, paired with USDC, achieving nearly $2 million in initial trading.The introduction of USDH marks Hyperliquid’s first dollar-pegged asset, providing traders with a stable unit of account and collateral throughout the network.Native Markets will oversee the exchange’s stablecoin and manage billions in potential transactions. The cryptocurrency startup, which includes Hyperliquid investor Max Fiege, former Uniswap Labs president Mary-Catherine Lader, and blockchain researcher Anish Agnihotri, was chosen through a validator vote on September 14.According to the initial proposal from Native Markets, the stablecoin will be backed by cash and US Treasury equivalents and will…
Hyperliquid’s native stablecoin, USDH, was launched on Wednesday with a USDC trading pair, achieving nearly $2 million in early trading.With the launch of USDH, Hyperliquid now features its first dollar-pegged asset, providing traders with a stable unit of account and collateral across the network.Native Markets will handle the exchange’s stablecoin while supervising billions in potential transaction flows. The crypto startup, which includes Hyperliquid investor Max Fiege, former Uniswap Labs president Mary-Catherine Lader, and blockchain researcher Anish Agnihotri, was chosen through a validator vote on September 14.As outlined in Native Markets’ initial proposal, the stablecoin is backed by cash and US…
Hyperliquid has introduced its native stablecoin, USDH, which debuted on Wednesday with a USDC trading pair, garnering nearly $2 million in initial trading.The launch of USDH marks Hyperliquid’s first dollar-pegged asset, providing traders with a stable unit of account and collateral across the network.Native Markets will oversee the exchange’s stablecoin and potential billions of dollars in transaction flows. This crypto startup, led by Hyperliquid investor Max Fiege, former Uniswap Labs president Mary-Catherine Lader, and blockchain researcher Anish Agnihotri, was elected through a validator vote on September 14.According to Native Markets’ original proposal, the stablecoin is supported by cash and US…
Key takeaways:Bitcoin surged to $113,900 after hitting weekly lows, driven by bullish signals.Whale entities have offloaded 147,000 BTC since August, indicating supply pressure.Bitcoin options implied volatility reached multi-year lows, suggesting a potential breakout.Bitcoin (BTC) made a rapid rebound to $113,900 on Wednesday after dipping below Monday’s low of $111,500 and momentarily testing the $111,000 level on Binance during the Asian trading session. This bounce marks an initial attempt at a mid-week recovery, backed by new bullish indicators on the charts.Bitcoin six-hour chart. Source: Cointelegraph/TradingViewA major factor behind the bounce is the bullish divergence between the relative strength index (RSI) and…
Sure! Here’s a rewritten version of the content with the HTML tags intact: The GOAT Foundation has officially revealed details for its upcoming token generation event for $GOATED. This token is designed to bolster the network by acting as a reward system and a governance tool. Summary $GOATED will function as a governance mechanism and a reward system within the Bitcoin ZKRollup GOAT Network. Almost 40% of the total supply of 1 billion $GOATED tokens is designated for the ecosystem’s mining rewards pool, with the balance allocated to team members, early backers, the on-chain treasury, and community incentives such as…
Canton Network has partnered with Chainlink, utilizing the oracle platform’s solutions to boost institutional adoption. Overview Canton Network has adopted Chainlink to harness solutions such as Data Streams and Cross-Chain Interoperability Protocol to enhance adoption. This strategic alliance also welcomes Chainlink Labs as a super validator for Canton Network. Chainlink’s total value secured recently reached $100 billion. Canton, a permissionless blockchain for institutional finance, is collaborating with Chainlink in a strategic partnership that will integrate Chainlink’s Data Streams, SmartData, and cross-chain interoperability protocol, and join the Chainlink Scale program. The incorporation of data streams and CCIP, among other solutions, will…
Update Sept. 24, 1:07 p.m. UTC: This article has been revised to include insights from Nicolai Sondergaard, a research analyst at the crypto intelligence platform Nansen.The cryptocurrency market might witness its first prolonged cycle driven by increased institutional investment and trading products in the Web3 sector, enhancing accessibility to digital asset investments.Some investors anticipate a crypto “supercycle” that could challenge the traditional four-year crypto market cycle associated with Bitcoin (BTC) halving, allowing for digital asset valuations to exceed this historical pattern.For Ether (ETH), the second-largest cryptocurrency, this supercycle might be spurred by Wall Street’s expanding adoption of blockchain technology, as…