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.
Certainly! Here’s the rewritten content while keeping the HTML tags intact: Crypto prices began the week on a downward trend, with traders showing caution as Uptober approaches, reflecting a decline in top tokens from their recent peaks. Summary Crypto values have decreased by 5.6% over the past four days, erasing $230 billion in total market capitalization. Bitcoin has fallen from $117,000 to $112,000, with Ethereum and Solana also experiencing significant losses. Profit-taking following recent price rallies has intensified the selling pressure on major cryptocurrencies. In the last 24 hours, over $1.7 billion in leveraged positions were liquidated. Uptober, just eight…
The Ether treasury firm ETHZilla aims to raise an additional $350 million via new convertible bonds, with the funds allocated for further Ether acquisitions and generating yields through ecosystem investments.ETHZilla chairman and CEO McAndrew Rudisill stated on Monday that the company’s approach is to leverage Ether (ETH) in “cash-flowing assets” on the Ethereum network, utilizing layer-2 protocols and tokenizing real-world assets.“We believe our business model is highly scalable, with significant fixed operating leverage and recurring positive cash flow.”An increasing number of digital asset firms are advancing beyond merely holding cryptocurrencies, aiming to earn yields through active participation in the ecosystem,…
Treasury officials in the US and UK have unveiled a transatlantic task force aimed at exploring “short-to-medium term collaboration on digital assets.”In announcements released on Monday, the US Treasury Department and HM Treasury stated that this cross-border initiative, occurring under the existing UK-US Financial Regulatory Working Group, will produce a report with recommendations within 180 days. The newly formed task force, named the Transatlantic Taskforce for Markets of the Future, will examine crypto laws and regulations while assessing how the two nations can collaborate on “wholesale digital markets innovation.”Source: UK Chancellor of the Exchequer Rachel ReevesThis announcement follows a Financial…
Coinbase has introduced a Mag7 + Crypto Equity Index futures contract, offering combined exposure to cryptocurrency and traditional finance (TradFi) stocks. This contract’s value is based on the “Magnificent 7” tech companies, two crypto ETFs, and Coinbase itself. If this initiative proves successful, it could motivate other exchanges to integrate crypto exposure with unrelated futures contracts. Even if it doesn’t succeed, it nonetheless represents a fresh product strategy from Coinbase.Sponsored Sponsored Coinbase’s New Futures Offerings Amidst an unprecedented integration of TradFi and Web3, several leading companies are exploring methods to close the gap. Currently, Coinbase seeks to be part of…
Essential Insights: Bitcoin fell below $111,500, approaching a significant daily demand area. Ongoing spot demand remains robust, supporting a generally bullish market structure. Investors may be attracted to price levels around $113,000, $107,200, and $100,000. During the Asian market session on Monday, Bitcoin (BTC) dropped below $111,500, clearing out internal liquidity between $115,000 and $114,000 and probing a daily demand zone spanning from $110,700 to $113,200. This dip jeopardizes BTC’s support from the 50-day exponential moving average (EMA) if the daily candle closes below $113,200. Bitcoin one-day chart. Source: Cointelegraph/TradingView Cointelegraph noted the potential for this retest last week, indicating…
US legislators have urged Securities and Exchange Commission Chair Paul Atkins to expedite the executive order facilitating crypto investments within US 401(k) retirement plans.In a letter sent on Monday, nine lawmakers, including House Financial Services Committee Chairman French Hill and Subcommittee on Capital Markets Chairman Ann Wagner, requested that Atkins “provide swift assistance” to the Secretary of Labor and make necessary changes to existing regulations and guidance.They emphasized that under President Donald Trump’s August EO on “Democratizing Access to Alternative Assets for 401(k) Investors,” the SEC was directed to enhance accessibility of alternative assets such as crypto in participant-directed retirement…
Uniswap achieved a milestone with over 915 million transactions in 2025 and a trading volume exceeding $1 trillion. This development reinforces its status as the leading figure in DeFi. Nevertheless, amidst this unprecedented growth, the UNI token’s value remains stagnant. This prompts many investors to ask: why does a protocol that generates billions in annual revenue fail to provide worth to its token holders? Network Strength and Record-Breaking Trading VolumeSponsored Uniswap (UNI) is undergoing an extraordinary year, with the number of transactions (swaps) on its platform reaching 915 million in 2025 alone. The third quarter of this year is on…
Keshav is presently a senior writer at NewsBTC, having joined the platform on June 14, 2021. Keshav’s writing journey spans many years, beginning as a hobby and evolving into freelance work. His experience covers various niches, including fiction, but he has dedicated the most time to the cryptocurrency sector. Academically, Keshav holds a bachelor’s degree in Physics from one of India’s top institutions, the University of Delhi (DU). Initially, he aimed for a career in Physics, but the COVID pandemic necessitated a change in direction. The transition to online classes granted him additional time to pursue other interests. What started…
Tether, the stablecoin issuer, has refuted widespread local media reports claiming it is withdrawing from Uruguay due to a $4.8 million debt dispute with one of the state-owned electricity entities.According to Telemundo, a local news outlet, Tether ceased its crypto mining operations and future plans after the National Administration of Power Plants and Electric Transmissions (UTE) disconnected power to its facilities for failing to pay a $2 million electricity bill from May.The report also indicated that Tether owes approximately $2.8 million for other local projects, bringing its total liabilities to around $4.8 million, not including fines and surcharges, as reported…
Shares of CleanSpark Inc. rose on Monday, building on last week’s positive momentum after the company revealed an expanded Bitcoin-backed credit facility with Coinbase Prime. The mining firm based in Las Vegas finished regular trading at $13.74 but surged over 8% in after-hours trading, reaching $14.86 following the announcement. The stock is currently up 6% in after-hours, with trading around $14.60. CleanSpark secured an additional $100 million in credit, collateralized by its Bitcoin reserves. Instead of liquidating coins in the market, the company is utilizing its Bitcoin holdings as collateral, effectively turning mined Bitcoin into a functional asset. For shareholders,…