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.
Key takeaways:The Bitcoin options delta skew has exceeded the 7% neutral threshold, indicating cautious sentiment among traders ahead of the US Fed decision.The long-to-short ratio among top traders and the $292 million inflow into spot ETFs bolster optimism, despite mixed signals from BTC derivatives.On Wednesday, Bitcoin (BTC) neared the $117,000 mark but couldn’t sustain its upward trend as traders considered the potential pricing in of a Federal Reserve interest rate cut. Market sentiment was further impacted by speculation surrounding new restrictions on AI microchip sales to China.Are Bitcoin traders simply hedging ahead of the US Federal Reserve decision, or are…
Over the past 13 years, Cointelegraph has chronicled the remarkable rise of blockchain, cryptocurrency, and Web3.From the early days of crypto discussions in niche forums to today’s headlines and billion-dollar advancements, our reporting has been impartial and fair.As the industry evolves, so must our coverage.We are excited to announce a clear editorial position aimed at celebrating our sector and the shared values of its participants: Skeptical Advocacy.What does this entail?We believe in the transformative possibilities of this technology. When used responsibly, blockchain and cryptocurrency can empower individuals, transform economies, and promote transparency and innovation across various sectors.We envision our industry…
US Federal Reserve Chair Jerome Powell announced that the 19 members of the Federal Open Market Committee (FOMC) are still divided regarding additional interest rate cuts for 2025.During Wednesday’s press conference following the Fed’s 25-basis-point rate reduction, Powell stated that the central bank is attempting to maintain a balance between its dual mandate of maximum employment and price stability amidst a unique situation where the labor market is weakening while inflation remains high. Powell remarked:“You will have seen that we have 10 participants out of 19 who wrote down two or more cuts for the remainder of the year, and…
The Chicago Mercantile Exchange Group (CME), the largest derivatives exchange globally, is set to broaden its cryptocurrency offerings by launching options on Solana and XRP futures starting October 13.This initiative capitalizes on the unprecedented trading activity in Solana (SOL) and XRP (XRP) futures contracts since their introductions earlier this year, as stated by the exchange. This also represents the first time CME has expanded its options offerings beyond Bitcoin (BTC) and Ether (ETH).Futures are agreements to buy or sell an asset at a specified price at a future date, while options provide traders the right, though not the obligation, to…
With the Fed announcing its eagerly awaited decision, analysts are now focusing on the accompanying tone. Summary The Federal Reserve has lowered interest rates by 25 basis points, as anticipated by the markets. The Fed’s tone is dove-like, which may benefit Bitcoin and altcoins. However, altcoins still face challenges, as there are no clear indications regarding further easing. The Federal Reserve has implemented its long-expected 25-basis-point rate reduction, marking the first cut of 2025. While markets had fully anticipated the September 17 cut, the focal point was the Fed’s tone and its implications for the future. Importantly, Fed Chair Jerome…
Keeta is set to launch its mainnet, featuring impressive scalability and a strong regulatory focus. With support from former Google CEO Eric Schmidt, the platform aims to operate hundreds of millions of wallets, equipped with compliance tools for managing cross-border transactions. Summary Keeta, with backing from ex-Google CEO Eric Schmidt, is set to launch its mainnet on September 22, boasting 235 million wallets. The platform facilitates USDC transfers, asset swaps, and off-ramps, all with inherent compliance. The KTA token underpins governance and is already available on 13 exchanges. A press release shared with crypto.news on September 17 reveals that Schmidt’s…
The price of Ethereum is currently undergoing an important consolidation phase, with analysts eagerly anticipating the next significant movement. After reclaiming the $4,500 mark, the cryptocurrency is faced with one final challenge before it can potentially venture into new territory. Crypto analyst Ted Pillows has identified a price target of $5,000 for Ethereum, indicating a possible new all-time high. Ethereum Price Confronts Significant Barrier Before $5,000 In a recent technical analysis shared on X social media, Pillows elaborated that Ethereum has effectively regained the $4,500 support level, which was previously a hurdle for bulls. Currently, the market is intently focused…
Members of the US Congress convened with prominent representatives from the cryptocurrency sector to explore issues and potential legislation concerning the creation of a strategic Bitcoin reserve and market structure.On Tuesday, a delegation of lawmakers, including Alaska Representative Nick Begich and Ohio Senator Bernie Moreno, engaged with Strategy co-founder Michael Saylor and others in a roundtable discussion about the BITCOIN Act, a proposal aimed at establishing a strategic Bitcoin (BTC) reserve. The session was organized by the advocacy group Digital Chamber along with its partners, the Digital Power Network and the Bitcoin Treasury Council.“Politicians and executives at yesterday’s meeting concurred…
Key insights:Bitcoin is struggling to remain above $115,000 following a 25-bps interest rate cut by the Fed.The Fed indicated an additional 50 bps of cuts will occur through 2025.While Bitcoin futures open interest increased, spot volumes continued to decline.Bitcoin (BTC) is currently attempting to maintain its price above $115,000 after the U.S. Federal Reserve announced a 25-basis point interest rate cut, bringing the benchmark range down to 4.0%–4.25%. The immediate reaction in the crypto market has been subdued, as traders process the cautious messaging from the central bank. BTC’s price briefly fell below $115,000, and it is now working to…
Members of the United States Congress recently engaged with prominent individuals from the cryptocurrency sector to address various issues and potential legislation aimed at creating a strategic Bitcoin reserve and structuring the market.This past Tuesday, a bipartisan group of lawmakers, including Alaska Representative Nick Begich and Ohio Senator Bernie Moreno, convened with Strategy co-founder Michael Saylor and others for a roundtable discussion regarding the BITCOIN Act. This proposed legislation seeks to establish a strategic Bitcoin (BTC) reserve. The event was organized by the advocacy group Digital Chamber, alongside its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and executives…