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 US House of Representatives may find a quicker legislative route to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) by leveraging a market structure bill that was approved in July.During a hearing of the House Rules Committee on Monday, a draft agenda revealed a plan to incorporate the text of the Anti-CBDC Surveillance State Act — which also passed in July, albeit narrowly — into the Digital Asset Market Clarity Act.This engrossment approach would attach the CBDC legislation to the final draft of the current market structure bill, which will be sent to the Senate…
Key points:The 44,000 BTC net withdrawals in September have decreased the available supply, alleviating potential short-term selling pressure.US-listed spot Bitcoin ETFs saw an influx of $2.2 billion, leading to consistent daily demand that far surpasses the mined supply.Bitcoin (BTC) has fluctuated within a narrow 2.3% range since Friday as market participants await the United States Federal Reserve’s interest rate decision set for Wednesday. While the immediate effects of an interest rate cut on Bitcoin remain uncertain, three independent factors are contributing to likely BTC price increases.Estimate: total amount of Bitcoin held on exchange addresses, BTC. Source: GlassnodeThe significant drop in…
Key insights: In September, 44,000 BTC net withdrawals have curtailed the available supply, alleviating potential short-term selling pressure. US-listed spot Bitcoin ETFs attracted $2.2 billion, demonstrating consistent daily demand that significantly surpasses the mined supply. Bitcoin (BTC) has remained within a tight 2.3% range since Friday as traders await the US Federal Reserve’s interest rate announcement on Wednesday. While the immediate effects of an interest rate cut on Bitcoin remain unclear, three independent factors are indicating further price increases for BTC. Estimate: total amount of Bitcoin held on exchange addresses, BTC. Source: Glassnode The significant drop in BTC held on…
Sui (SUI) increased nearly 4% in the last 24 hours after being chosen as a launch partner for Google’s new Agentic Payments Protocol (AP2), a framework allowing AI agents to perform financial transactions for users.The token’s price shifted from $3.509 to $3.622, representing a 3.22% increase, with trading within a $0.183 range. In comparison, the CoinDesk 20 index saw a mere 1% rise during the same timeframe.SUI is presently trading at $3.63.The AP2 announcement bolstered a token that was already displaying bullish tendencies. Trading volume surged to 33.14 million amid a breakout, nearly quadrupling the 24-hour average of 8.73 million.…
Main InsightsYield-generating stablecoins encompass treasury-backed, DeFi, and synthetic varieties.Laws in the US and EU prohibit interest payments by issuers; access is frequently limited.Rebases and rewards are treated as taxable income upon receipt.Ongoing risks exist: including regulation, market fluctuations, contracts, and liquidity challenges.The quest for passive income consistently leads investors towards assets like dividend stocks, real estate, or government bonds.In 2025, cryptocurrency introduces a new option: yield-generating stablecoins. These digital assets aim not only to maintain parity with the dollar but also to provide a consistent income while residing in your wallet.However, before jumping in, it’s crucial to grasp what these…
Binance is reportedly in discussions with the US Department of Justice (DOJ) to eliminate a crucial oversight provision from its 2023 settlement agreement — a modification that could alleviate regulatory and compliance burdens on the cryptocurrency exchange if approved.According to Bloomberg, which cited sources familiar with the negotiations, the DOJ is considering the removal of the requirement for Binance to be supervised by an independent compliance monitor.This monitor was mandated for a three-year term as part of a $4.3 billion settlement Binance reached with the DOJ in 2023, following allegations of several compliance violations, including inadequate anti-money laundering measures.The 2023…
Speculation is once again brewing regarding whether the prominent altcoin Ethereum might finally reach the long-desired $5,000 milestone. This renewed enthusiasm arises as on-chain data confirms that the crypto market has officially entered altcoin season, a period where altcoins have traditionally outperformed Bitcoin (BTC). Although the broader market has faced bearish pressure in recent days, negatively impacting ETH’s current price behavior, underlying data indicates resilience among coin holders. This situation could pave the way for a potential rally towards $5,000 in the near future. Here’s how.Sponsored 80% of Top Altcoins Outperform Bitcoin—Is ETH Next to Rally? As per Blockchain Center,…
Bitcoin (BTC) is currently undergoing a sideways consolidation phase after reaching its all-time high of approximately $124,000, with volatility keeping investors on alert. The price has been moving within a tight range, demonstrating resilience but struggling to form a distinct trend. Many traders feel this may be a period of calm before a potential breakout, as analysts describe the market conditions as pivotal. Related Reading While short-term traders are navigating intraday fluctuations, long-term investors are concentrating on structural signals that could guide Bitcoin’s next phase. Noted analyst Maartunn recently pointed out a significant on-chain trend: dormant whale coins are increasingly…
LimeWire, a once-popular file-sharing platform now evolving into a Web3 entity, has acquired the rights to the notorious Fyre Festival brand and is set to relaunch it with a cryptocurrency angle.In a Tuesday announcement, LimeWire revealed that it has obtained the Fyre Festival’s trademark, logo, domain, and social media accounts. Marcus Feistl, LimeWire’s chief operating officer, informed Cointelegraph that the new version will include offline events, with LimeWire’s LMWR token facilitating access to products and services.The Fyre Festival became emblematic of broken promises in 2017 when a luxury music event in the Bahamas devolved into disorder, leaving attendees without sufficient…
The Solana-based memecoin launchpad Pumpfun achieved over $1 billion in daily trading volume on Monday, continuing the sector’s September gains.Data from decentralized exchange (DEX) Jupiter revealed that Pump.fun processed $942 million in transaction volume on Sunday, and soared past $1.02 billion on Monday.This increase coincided with a rise in the overall memecoin market cap, which hit $83 billion on Sunday and remained above $80 billion on Monday, according to CoinMarketCap. At the time of writing, the memecoin sector’s total market cap was $76 billion.The $83 billion figure represented a 30-day peak for the sector, approaching the $85 billion market cap…