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.
According to Arthur Hayes, co-founder of the BitMEX crypto exchange, crypto markets will enter an “up only” mode once the United States Treasury reaches its target of filling the General Account (TGA) with $850 billion.“With this liquidity drain complete, up only can resume,” Hayes wrote on Friday, as the US TGA’s balance surpassed $807 billion. When the Treasury is filling its General Account, the funds are typically held back and do not circulate into private markets.However, some analysts are skeptical of Hayes’ claim that liquidity will return to financial markets when the US Treasury meets its goal.Source: Arthur Hayes“Net liquidity…
Arthur Hayes, co-founder of the BitMEX crypto exchange, believes that crypto markets will shift to an “up only” mode once the United States Treasury achieves its target of $850 billion in the General Account (TGA). “With this liquidity drain finished, upward momentum can restart,” Hayes posted on Friday, noting that the US TGA’s balance had crossed $807 billion. Typically, when the Treasury is bolstering its General Account, those funds are reserved and do not circulate in private markets.Yet, some analysts are skeptical about Hayes’ assertion that liquidity will flow back into financial markets once the US Treasury reaches this goal.Source:…
Bitcoin (BTC) is set to increase in price and usage regardless of the macroeconomic conditions that may arise in the years ahead, as the global financial landscape approaches a Fourth Turning-style reset, according to market analyst Jordi Visser.Visser informed Anthony Pompliano that widespread disillusionment with legacy institutions is likely to drive investment into BTC — a neutral, permissionless, global asset independent of governments or traditional entities.The Fourth Turning refers to a book by William Strauss and Neil Howe, discussing the cyclical rise and fall of nations influenced by predictable generational patterns.Jordi Visser speaks to Anthony Pompliano on “The Pomp Podcast”.…
Since the beginning of the month, Bitcoin has shown a consistent upward trend, raising hopes for a move toward $120,000. This positive momentum is supported by robust investor engagement, as BTC holders express renewed confidence. The combination of technical and fundamental strengths is delivering bullish signals to the market. Bitcoin Investors Opt for Buying Recent data indicates that Bitcoin accumulation has peaked at its highest level in almost two months. Over the last 24 hours, investors acquired more than 23,000 BTC, valued at over $2.67 billion, and removed them from exchanges.Sponsored Sponsored Traditionally, such outflows from exchanges imply that investors…
Bitcoin (BTC) is set to increase in value and adoption regardless of the macroeconomic developments that may unfold in the years and decades ahead, as the global financial system approaches a Fourth Turning-style reset, according to market analyst Jordi Visser.Visser stated to Anthony Pompliano that the average individual has lost faith in traditional institutions, which should result in increased investment in BTC — a neutral, permissionless, global asset unlinked to governments or traditional entities.The Fourth Turning refers to a book authored by William Strauss and Neil Howe that outlines the cyclical rise and decline of nations due to expected intergenerational…
Cryptocurrency exchange Kraken, the primary distribution partner for Backed’s tokenized equities product xStocks, has joined forces with Trust Wallet, one of the leading self-custody crypto wallets globally, to broaden the availability of tokenized equities for users.In a recent announcement on Friday, Kraken stated that it is “introducing interoperable tokenized equities to more than 200 million users around the globe” by bringing xStocks to Trust Wallet users, allowing them to trade tokenized equities from Backed, a provider of collateralized onchain assets.This integration will enable Trust Wallet users to purchase and hold 60 different xStocks using various local fiat currencies. It will…
BlackRock has seamlessly transformed its initial venture into crypto into a successful business, generating over $260 million in annual revenue from digital asset products in under two years. This profit largely comes from the swift success of its spot Bitcoin and Ethereum exchange-traded funds (ETFs), which lead their markets and now rank among the most lucrative products in the firm’s offerings. How BlackRock Quietly Built One of Its Most Profitable Businesses Through Crypto ETFs According to data from Dragonfly partner Omar Kanji, BlackRock’s iShares Bitcoin Trust (IBIT) amassed approximately $218 million in fees at a 0.25% commission rate within its…
Japan’s financial markets are signaling caution, not just for Tokyo but for the global economy. The Bank of Japan (BOJ), once renowned for its extensive money printing, is beginning to reverse its significant interventions. In essence, Japan’s debt crisis is reaching a critical point.Recently, the BOJ announced plans to divest from its substantial holdings in exchange-traded funds (ETFs), totaling over 79 trillion yen (exceeding $500 billion). This unprecedented move by a major central bank is causing significant ripples throughout global financial markets.Moreover, there’s a larger issue at play. Japan’s national debt has surged to about 1,324 trillion yen, representing nearly…
The Bitcoin (BTC) mining difficulty, a metric that measures the challenge of adding new blocks to the blockchain, soared to a record high of 142.3 trillion on Friday.This mining difficulty has reached consecutive all-time highs in August and September, fueled by a surge in newly deployed computing power in recent weeks.Bitcoin’s hashrate, representing the total computing power safeguarding the decentralized monetary network, also achieved an all-time high of over 1.1 trillion hashes per second on Friday, as reported by CryptoQuant.The increasing mining difficulty and the persistent requirement for energy-intensive, high-performance computing to secure the network are making it tougher for…
Pi Coin has been in a prolonged downtrend, struggling to regain momentum as general market conditions remain cautious. Nevertheless, the altcoin is indicating a potential breakout. Technical indicators suggest that bearish pressure may be fading, allowing for a possible upward shift. Pi Coin May Breakout The Relative Strength Index (RSI) is showing an exaggerated bullish divergence. This pattern, while subtler than a standard divergence, indicates that the ongoing downtrend is losing its strength. Although it doesn’t confirm an immediate reversal, it signals that sellers may be losing momentum.Sponsored Sponsored This development sets Pi Coin up for a potential breakout soon.…