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.
Ethereum’s price is once again generating buzz as market analysts, along with ETH’s founder, Vitalik Buterin, present ambitious predictions for the cryptocurrency. While some experts predict a rise to $33,000, Buterin likens the future of the cryptocurrency in finance to Google’s leadership in search. Consequently, the ETH founder proposes that low-risk Decentralized Finance (DeFi) could mark Ethereum’s transformative “Google Moment.” Ethereum Price Expected To Reach $33,000 Recent chart analysis by market expert Egrag Crypto projects a promising outlook for Ethereum’s long-term price trajectory. According to the analyst’s findings, ETH has the potential to rise to $33,000 by the end of…
Key takeaways:Glassnode data highlights Bitcoin’s profit-taking metrics as an indicator of a late bull market cycle.Bitcoin capital inflows have decreased, and significant profit-taking has peaked since BTC reached $124,000, but a potential new all-time high could emerge in two to three months.New and short-term holders are accumulating, counteracting the selling pressure.Bitcoin (BTC) has entered a “historically late phase” of its market cycle, with profit-taking metrics and capital flows reflecting signs from prior cycle peaks, according to analytics platform Glassnode.Data suggests that Bitcoin’s current cycle mirrors the 2015–2018 and 2018–2022 cycles, where all-time highs (ATHs) were achieved roughly two to three…
Key insights:Glassnode’s data indicates that Bitcoin’s profit-taking indicators signal a late bull market cycle.Capital inflows into Bitcoin have declined, and significant profit-taking has peaked since BTC reached $124,000, but a new all-time high could be expected within two to three months.New and short-term holders are accumulating, countering the sell pressure.Bitcoin (BTC) has entered a “historically late phase” of its market cycle, with profit-taking indicators and capital flows reminiscent of previous cycle peaks, according to analytics firm Glassnode.Data shows that the current Bitcoin cycle mirrors the 2015–2018 and 2018–2022 phases, where all-time highs (ATHs) typically occurred around two to three months…
Fold has simplified earning Bitcoin—just swipe a card with no complexities or token juggling, receiving real BTC with each transaction. Summary Fold introduced a Bitcoin rewards credit card in partnership with Visa and Stripe, providing up to 3.5% cash back in BTC. Holders can earn as much as 10% back at top retailers, enhancing Fold’s Bitcoin rewards ecosystem valued at $83 million. The initiative eliminates staking and category limitations, aiming to make Bitcoin a standard loyalty currency. The company is broadening its ecosystem, having distributed over $83 million in bitcoin rewards so far. Backed by Stripe’s issuing infrastructure and Visa’s…
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BlackRock’s cryptocurrency-based exchange-traded funds (ETFs) have emerged as a significant revenue source, generating $260 million for the world’s largest asset manager, highlighting a “benchmark” model for traditional investment funds aiming for profitable business strategies.BlackRock’s Bitcoin (BTC) and Ether (ETH) ETFs are responsible for a total of $260 million in annual revenue, comprising $218 million from Bitcoin ETFs and $42 million from Ether products, according to data disclosed Tuesday by Leon Waidmann, head of research at the nonprofit Onchain Foundation.BlackRock’s crypto-focused ETFs’ profitability may incentivize more investment giants from the traditional finance (TradFi) sector to initiate regulated cryptocurrency-based trading products, with…
The Chair of the US Securities and Exchange Commission, Paul Atkins, announced on Tuesday that the SEC is in the process of establishing an “innovation exemption” designed to simplify the approval process for digital-asset products by year’s end.In an interview with Fox Business, Atkins informed anchor Maria Bartiromo of ongoing “rulemaking” efforts planned for the next few months.We aim to implement an innovation exemption — working towards achieving this by the end of the year.”This “innovation exemption” would serve as a regulatory exception, offering crypto firms temporary respite from existing securities regulations, allowing them to introduce new products under lighter…
XRP’s price continues to face challenges under a persistent downtrend that has hindered its recovery. The altcoin recently experienced a significant drop alongside the wider market, plummeting to $2.70 before undergoing a minor recovery. This decline highlighted vulnerabilities but also the potential for a rebound. XRP Investors Should Be Patient The NVT Signal for XRP is exhibiting a significant drop, resting at a 5-month low, which indicates that the altcoin might be undervalued in relation to its transaction activity. A diminished NVT ratio typically signifies accumulation phases, during which investors quietly increase their stakes prior to a possible breakout. Thus,…
BlackRock’s cryptocurrency-based exchange-traded funds (ETFs) have turned into a significant revenue source, generating $260 million for the world’s largest asset manager, marking a “benchmark” model for traditional investment funds aiming for profitable business models.BlackRock’s Bitcoin (BTC) and Ether (ETH) ETFs are producing a combined $260 million in annual revenue, with $218 million from Bitcoin ETFs and $42 million from Ether products, as reported on Tuesday by Leon Waidmann, head of research at the nonprofit Onchain Foundation.The success of BlackRock’s crypto-focused ETFs could encourage more investment giants from traditional finance (TradFi) to create regulated cryptocurrency-based trading products, with BlackRock’s ETFs acting…
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