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.
The Commodity Futures Trading Commission (CFTC) has appointed new members to its Global Markets Advisory Committee (GMAC) and its subcommittees, incorporating several leaders from the crypto industry into the Digital Asset Markets Subcommittee (DAMS)—a move that highlights the regulator’s ongoing engagement with this sector.CFTC Acting Chair Caroline D. Pham announced four new DAMS members: Katherine Minarik, chief legal officer at Uniswap Labs; Avery Ching, co-founder and chief technology officer of Aptos Labs; James J. Hill, managing director and head of structure innovation at BNY; and Ben Sherwin, general counsel at Chainlink Labs.Moreover, Scott Lucas, head of digital assets at JPMorgan,…
The third week of September has experienced an increase in overall participation in the crypto market, with renewed buying enthusiasm elevating the global crypto market capitalization by 3% in the last week. This recovery has caught the attention of large investors, as whale activity indicates a growing accumulation of specific altcoins. Sponsored LINK, the native token of the prominent oracle network provider Chainlink, is among the tokens that crypto whales purchased this week. On-chain data from Santiment reveals that during this period, whale addresses holding between 100,000 and 1 million LINK have acquired 2.5 million tokens, valued at over $61…
Almost a decade after acquiring Bitcoin on Coinbase, NBA icon Kevin Durant has regained access to his assets due to a successful account recovery. This news was shared via an X post from Coinbase CEO Brian Armstrong on Thursday evening. Armstrong stated, “We got this fixed. Account recovery complete!” Source: Brian Armstrong Durant, a 15-time NBA All-Star set to play for the Houston Rockets this season, recounted the tale of his lost Bitcoin (BTC) at the annual Gameplan Summit in Santa Monica on Tuesday. Joining his agent, Rich Kleiman, Durant revealed to host Andrew Ross Sorkin that around 2014 or…
The FTX Recovery Trust, which manages the distribution of funds from the bankrupt cryptocurrency exchange, has announced a third tranche of distributions to creditors, amounting to approximately $1.6 billion.In a Friday announcement, it was revealed that the distribution is set for September 30, with creditors expected to see the funds in their accounts within three business days following the payment date.This third distribution features a 6% payout for Dotcom Customer claims, a 40% distribution for US Customer Entitlement Claims, and a 24% distribution for General Unsecured Claims and Digital Asset Loan Claims. Convenience claims will receive a 120% reimbursement as…
Key insights:XRP couldn’t maintain $3.12 and is met with immediate resistance at $3.30.On-chain data reveals significant accumulation in the $2.70 to $3.00 range.Chart patterns indicate a possible rally of 60%–85% into Q4 is still plausible.XRP (XRP) experienced an 18% surge in early September, reaching $3.18 from $2.70. However, it was unable to surpass the $3.20 threshold, declining at the four-hour fair value gap on the selling side and dropping back to retest the $3 support.After the Federal Reserve’s interest rate cut on Wednesday, XRP was unable to establish a higher peak beyond $3.18, prolonging short-term weakness and setting up another…
They say journalists never really clock out. For Christian, it’s not just a saying—it’s a way of life. By day, he adeptly navigates the constantly evolving landscape of the cryptocurrency market, skillfully crafting articles that break down complex jargon for the everyday reader. When his computer enters hibernation mode, however, his interests take on a more mechanical (and sometimes philosophical) perspective. Christian’s journey with writing began long before Bitcoin became a household name. Within the esteemed walls of academia, he refined his skills as a feature writer for his college newspaper. This early passion for storytelling led to a successful…
The trading of the MYX token, the cryptocurrency associated with the MYX decentralized exchange (DEX), exhibited signs of market manipulation, according to a report by AI infrastructure firm Rena Labs and market intelligence company Insider.Cash.The analysis reviewed over 9,200 minute-by-minute data points from Sept. 9 up to Monday, uncovering 249 trading irregularities related to illiquidity, volume spikes, price ratios, and trade intensity.Researchers observed a 433% increase in MYX liquidity anomalies on the Gate exchange on Sept. 9, with 32 instances of illiquidity reported on Sunday and Monday. This suggests either deliberate market manipulation or the withdrawal of market makers, who…
Almost a decade after acquiring Bitcoin on Coinbase, NBA star Kevin Durant has successfully regained access to his assets following a completed account recovery.Coinbase CEO Brian Armstrong announced the news in an X post on Thursday evening, stating, “We got this fixed. Account recovery complete!”Source: Brian ArmstrongDurant, a 15-time NBA All-Star who will play for the Houston Rockets this season, recounted his lost Bitcoin (BTC) experience on Tuesday at the annual Gameplan Summit in Santa Monica.While joined by his agent, Rich Kleiman, Durant mentioned to host Andrew Ross Sorkin that he stumbled upon Bitcoin around 2014 or 2015 after watching…
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The FTX Recovery Trust, responsible for managing the distribution of funds from the insolvent crypto exchange, has disclosed a third tranche of distributions to creditors amounting to approximately $1.6 billion.As per a Friday announcement, the distribution is set for September 30, and creditors can expect the funds in their accounts within three business days post-payment date.This third distribution comprises a 6% payout for Dotcom Customer claims, a 40% distribution for US Customer Entitlement Claims, and 24% for General Unsecured Claims and Digital Asset Loan Claims. Convenience claims will receive a 120% reimbursement as part of the September distribution.Source: Sunil KavuriFTX’s…