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.
Experts in cryptocurrency are pondering the likelihood of a rally this October, just 10 days away, following a downturn in the markets on Monday.Historically, October has proven to be one of the most consistently favorable months for Bitcoin (BTC), experiencing gains 10 out of 12 times since 2013, as reported by CoinGlass, earning the title “Uptober.”The cryptocurrency last saw a loss in October in 2018, when it fell 3.8%. In the bullish years of 2017 and 2021, Bitcoin surged by 48% and 40% respectively in October.If a similar uptick occurs this bull market year, it could potentially elevate Bitcoin to…
Metaplanet has acquired an additional 5,419 Bitcoin, bringing its total to over 25,500 BTC and reinforcing its status as the largest corporate holder in Asia. Summary Metaplanet purchases 5,419 BTC for $627 million at an average price of $115.9K. Total reserves now stand at 25,555 BTC, valued at $2.67 billion. The company aims for 30,000 BTC by 2025 and 210,000 BTC by 2027. Metaplanet has revealed its latest acquisition of 5,419 BTC, raising its total reserves to 25,555 BTC. As per a disclosure on Sept. 22 document, the Tokyo-listed company purchased the Bitcoin at an average price of 17.28 million…
OKX, a crypto exchange, has developed a decentralized perpetual trading platform similar to Hyperliquid and Aster but decided against launching it due to regulatory issues, according to its founder.The Web3 division of OKX created the unnamed platform in 2023, as stated by OKX founder and CEO Star Xu in a post on X this past Sunday.“Hyperliquid demonstrated that substantial success in on-chain perpetuals can be achieved with minimal staff. Now, more competitors like Aster are entering the market,” he noted.“OKX Web3 has been testing a comparable product since 2023, but we opted not to proceed with the mainnet launch because…
The Ronin Treasury plans to buy back over $4 million in RON tokens from the open market to decrease the circulating supply and potentially boost prices.On Sunday, the gaming-oriented blockchain Ronin Network announced it will initiate a swap of all its Ether (ETH) and USDC (USDC) holdings for RON over a month, starting Sept. 29.This buyback will increase the Ronin (RON) in the treasury while reducing the total number circulating. Currently, 693 million out of a total 1 billion tokens are in circulation, giving Ronin a market cap of $355.7 million.The buyback initiative aims to “better align our ecosystem, tokenholders,…
OKX, the crypto exchange, has developed a decentralized perpetuals trading platform similar to Hyperliquid and Aster but delayed its launch due to regulatory issues, according to its founder.The Web3 division of OKX created the unnamed platform in 2023, as stated by OKX founder and CEO Star Xu in a recent X post.“Hyperliquid demonstrated that significant success in on-chain perpetuals can be achieved with a minimal workforce. Now, competitors like Aster are entering the market,” he noted.“OKX Web3 has been experimenting with a similar product since 2023, but we opted not to launch the mainnet due to regulatory concerns.”Source: Star XuDecentralized…
Upbit and Bithumb, South Korea’s two largest cryptocurrency exchanges, have made announcements today regarding new crypto listings, enhancing access for investors to digital assets. Upbit has added the Sun Token (SUN) to its offerings. Concurrently, Bithumb has revealed plans to support the 0G token, a newcomer with backing from a notable corporate shift.Sponsored Sponsored Launch of SUN Token on Upbit The SUN token operates as the governance token for SUN.io, a TRON-based decentralized finance (DeFi) platform providing stablecoin swaps, yield farming, and self-governance functionality. As per the official release, Upbit commenced trading for SUN on September 22 at 12:00 Korean…
Crypto experts are discussing the potential for a crypto rally in October, just 10 days away, following a downturn in the markets on Monday. Historically, October has emerged as one of the most consistently positive months for Bitcoin (BTC), hitting positive returns 10 out of 12 times since 2013, according to CoinGlass, earning it the nickname “Uptober.”There hasn’t been a loss in October since 2018, when it fell by 3.8%. During the bull market years of 2017 and 2021, Bitcoin surged by 48% and 40%, respectively, in October. A similar spike this year could see it rise to approximately $165,000 next month…
Changpeng “CZ” Zhao, co-founder of Binance, has successfully raised over a million dollars in public donations for his edutech initiative, Giggle Academy, in less than half a day, primarily thanks to a memecoin.At the time of writing, Giggle Academy’s donation address reflected a balance exceeding 1,311 BNB (BNB), valued at over $1.3 million, as per the BNB Smart Chain scan tool BscScan, following the initiation of donations on Sunday.A significant share of these donations originated from a memecoin named “Giggle,” which was introduced by the Giggle Fund. This fund has been directing trading fees associated with the memecoin to the…
Arthur Hayes, co-founder of BitMEX, has liquidated his entire Hyperliquid (HYPE) holdings—reportedly to purchase a Ferrari—just a month after predicting the token’s value would soar by approximately 126x over three years.“I need to secure my deposit for the new Rari 849 Testarossa,” Hayes tweeted on Sept. 21.This announcement followed a post on X from blockchain data platforms like Lookonchain, stating that Hayes earned roughly $823,000 in profit from his 96,628 HYPE tokens—a 19.2% gain, according to HypurrScan data.The Ferrari 849 Testarossa is expected to cost up to $590,000. Source: Ferrari YouTube channel Arthur Hayes Forecasted HYPE to Soar 126x in…
Binance co-founder Changpeng “CZ” Zhao’s edutech initiative, Giggle Academy, successfully raised over a million dollars in public donations within just half a day, predominantly thanks to a memecoin. At the time of writing, the donation address for Giggle Academy displayed a balance of over 1,311 BNB (BNB), equating to more than $1.3 million, according to the BNB Smart Chain scan tool BscScan, following its launch for donations on Sunday. A significant portion of the donations originated from a memecoin named “Giggle,” which was introduced by the Giggle Fund. This fund has been transferring trading fees obtained from the memecoin to…