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.
Franklin Templeton has announced its plans to extend the Benji Technology Platform to BNB Chain, indicating a stronger commitment to on-chain finance. This initiative connects one of the globe’s largest asset managers with a blockchain recognized for its low fees, quick settlements, and an increasing number of retail and institutional users.Sponsored Sponsored Institutional Push Deepens Tokenization Race The Benji platform powers the Franklin OnChain US Government Money Fund (FOBXX), which is the first US-registered mutual fund to utilize blockchain for share ownership recording and transaction processing. Each share corresponds to one BENJI token, facilitating daily subscriptions, peer-to-peer transfers, and real-time…
Here’s the rewritten content with the HTML tags preserved: Bitcoin’s (BTC) price remains stagnant, and corporate bitcoin treasury firms are experiencing a rapid boom-and-bust cycle within just weeks. However, BTC miners are enjoying a significant upswing, driven by advancements in artificial intelligence and high-performance computing.The upward trend continued on Wednesday, with notable gains in the sector, particularly from Riot Platforms (RIOT) and IREN (IREN), both of which surged approximately 13%. Companies like Hut 8 (HUT), CleanSpark (CLSK), and Bit Digital (BTBT) saw increases closer to 6%. Since the April lows, IREN has emerged as the standout, achieving nearly 500% growth.The…
Key takeaways:Bitcoin surged to $113,900 after testing weekly lows, driven by bullish divergences.Whale entities have offloaded 147,000 BTC since August, indicating supply pressure.Bitcoin options implied volatility reached multi-year lows, suggesting a potential explosive move.On Wednesday, Bitcoin (BTC) quickly regained ground to $113,900 after briefly dipping below Monday’s low of $111,500 and testing $111,000 on Binance during the Asian trading hours. This bounce marked a preliminary attempt at recovery mid-week, backed by emerging bullish signals reflected in the charts.Bitcoin six-hour chart. Source: Cointelegraph/TradingViewA significant factor in this rebound is the bullish divergence observed between the relative strength index (RSI) and Bitcoin’s…
A peculiar case has emerged involving a 69-year-old fraudster in the UK who falsely asserted he possessed $4.7 million in on-chain assets for victim reimbursement. These allegations were entirely unfounded. Timothy Barnes admitted guilt to 34 counts connected to fraud, theft, and similar illegal activities. This unusual event underscores the surprising ways in which cryptocurrency is influencing individuals globally. Crypto Scams in the UK As the surge in crypto-related crime persists, intriguing trends are emerging. Scammers in the Web3 space are becoming increasingly sophisticated, while traditional scams are also integrating aspects of the crypto world. For example, consider a recent…
Main Insights:Bitcoin rose to $113,900 after touching weekly lows, driven by bullish divergences.Large holders have sold 147,000 BTC since August, indicating supply pressures.Implied volatility of Bitcoin options reached multi-year lows, suggesting a potential significant price movement.On Wednesday, Bitcoin (BTC) made a quick rebound to $113,900 after dipping below Monday’s low of $111,500 and briefly touching $111,000 on Binance during the Asian trading hours. This bounce indicated an early attempt at a mid-week recovery, supported by emerging bullish signals on the charts.Bitcoin six-hour chart. Source: Cointelegraph/TradingViewA significant factor in this rebound is the bullish divergence between the relative strength index (RSI)…
During a 23-hour period from September 23 to 24, HBAR experienced significant volatility, gaining only 0.90% despite large intraday fluctuations. The token traded between $0.217 and $0.225, with a crucial drop to $0.217 at 04:00 on September 24, followed by a robust recovery. This level is now identified as support, whereas $0.225 serves as strong resistance.Trading volumes indicate that institutional investors entered the market amid the selloff. Turnover reached 97.05 million at 04:00, significantly higher than the average of 37.89 million, indicating accumulation at lower price levels. Subsequently, selling pressure returned, causing HBAR to decline from $0.224 to $0.223 in…
Private credit, specifically asset-backed finance (ABF), represents one of the most rapidly expanding sectors in global finance. Currently a $6.1 trillion industry, Apollo Global Management estimates the available opportunity to exceed $20 trillion.Despite its scale and increasing significance in funding businesses and consumers globally, the industry predominantly relies on excel spreadsheets. This leads to inefficiencies like middle- and back-office bloat, cash drag, and financing costs that can be as much as 30% higher than necessary.It’s akin to tracking work hours on a yellow sticky note, sending it in, and waiting 15 days for payment in 2025. No one would accept…
We’re increasingly beholden to platform-based giants like Google and Amazon, acting as digital landlords. In this arrangement, we serve as cloud-serfs, relinquishing our data and generating trillions in value for algorithms that we’ll never possess.More than 80% of Netflix viewing is determined by its recommendation algorithm. Furthermore, Amazon is not a neutral marketplace — its matching engine favors its own products, while third-party sellers pay up to 50% of their revenue in fees to compete for customers.The promise of Web3 was to transcend these digital landlords.Reclaiming the Web3 thesisWeb3, as articulated by Ethereum co-founder Gavin Wood in 2014, envisioned a…
Validators on BNB Chain have suggested reducing the minimum gas price from 0.1 Gwei to 0.05 Gwei, while also shortening block intervals from 750 milliseconds to 450 milliseconds.The intention is to lower average transaction costs to approximately $0.005, positioning the network competitively alongside low-cost chains like Solana and Base.This proposal follows an April 2024 decision to decrease gas prices from 3 Gwei to 1 Gwei, and a subsequent cut in May to 0.1 Gwei, resulting in a 75% reduction in fees.“As long as staking APY remains above 0.5%, BNB Chain should aim for the lowest gas fees possible,” the proposal…
Brian Quintenz, a former CFTC member and Donald Trump’s nominee to chair the agency, might not undergo a Senate vote, as reports indicate Trump is exploring other candidates.A Semafor report on Wednesday revealed that the Trump administration is evaluating Josh Sterling, a past director at the CFTC’s market participants division, for the chair position, suggesting Quintenz’s nomination is on hold.Sterling served at the CFTC from 2019 to 2021, his appointment occurring during Trump’s first term, and he did not face a Senate vote. He currently works as a partner at Milbank, an international law firm.Other potential candidates for the financial…