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.
Metaplanet, the Tokyo-listed company aggressively acquiring Bitcoin, is under increasing strain as its share price declines, jeopardizing the fundraising model that has helped it amass one of the largest corporate Bitcoin treasuries worldwide.The firm’s stock has plummeted 54% since mid-June, while Bitcoin (BTC) has only risen by about 2% during the same timeframe. This downturn has stressed its capital-raising “flywheel,” which relies on rising share prices to facilitate funding through MS warrants given to Evo Fund, its main investor.With shares significantly down, exercising these warrants is less appealing for Evo, constraining Metaplanet’s liquidity and hindering its Bitcoin acquisition plans, according…
Metaplanet, the Tokyo-listed company aggressively accumulating Bitcoin, is experiencing growing pressure as its share price declines, putting its fundraising model at risk, which has helped it build one of the largest corporate Bitcoin treasuries worldwide.The firm’s stock has plummeted 54% since mid-June, even as Bitcoin (BTC) increased by about 2% during the same timeframe. This downturn has strained its capital-raising “flywheel,” a mechanism reliant on rising share prices to access funding via MS warrants issued to Evo Fund, its primary investor.With shares significantly down, exercising these warrants is no longer appealing for Evo, constricting Metaplanet’s liquidity and hindering its Bitcoin…
The increasing frequency of “buy the dip” discussions on social media after Bitcoin’s 5% drop this past week may indicate further declines for the cryptocurrency market, according to sentiment platform Santiment.“Clearly, overall, in the markets, people are getting antsy and trying to find some entry spots now that prices have cooled down a bit,” Santiment analyst Brian Quinlivan stated in a YouTube video released on Saturday.Santiment reported in another document published the same day that mentions of “buy the dip” on social media surged during the downturn in the crypto market, which could serve as a warning signal.Source: Michaël van de…
A surge in “buy the dip” discussions on social media following a 5% drop in Bitcoin over the past week might indicate potential further declines in the crypto market, according to sentiment platform Santiment.“Overall, in the markets, there’s a sense of unease as people seek entry points now that prices have decreased a bit,” said Santiment analyst Brian Quinlivan in a video posted on YouTube on Saturday. Santiment mentioned in a separate report released on the same day that the social media activity around “buy the dip” has risen significantly during the recent downturn, which could serve as a warning…
The increasing surge of “buy the dip” suggestions after Bitcoin’s 5% decline over the past week may indicate further decline for the crypto market, as noted by sentiment platform Santiment. “Clearly, overall, in the markets, people are getting anxious and looking for some entry points now that prices have cooled a bit,” said Santiment analyst Brian Quinlivan in a YouTube video released on Saturday. Santiment mentioned in a different report that social media discussions about “buy the dip” have notably risen during the crypto market slump, which could serve as a cautionary signal for investors. Source: Michaël van de Poppe “Do…
News BackgroundXRP experienced a significant decline, dropping 4.3% within the 24-hour period from August 28 at 13:00 to August 29 at 12:00, amid overall market weakness.On-chain metrics indicated that Korean exchanges absorbed 16 million XRP (approximately $45.5 million) during the downturn, highlighting regional institutional interest despite a reduction in retail exposure.Historically, South Korea has influenced speculative crypto trading, often leading price movements in particular altcoins, a phenomenon referred to as the “Kimchi Premium” effect.The accumulation of large wallets tied to Korean exchanges or institutions suggests that regional demand may be stepping in to mitigate retail selling pressure, potentially stabilizing XRP…
Doubt about Bitcoin’s potential for further growth has shadowed the asset for years, and this skepticism is likely to persist even if its value soars into the millions, according to a Bitcoin advisor.“I believe this skepticism will endure for a very long time,” remarked Luke Broyles from The Bitcoin Adviser during his conversation with Natalie Brunell on the Coin Stories podcast last Friday.“Even if Bitcoin reaches $5 million, $10 million, or beyond, people will still say, ‘Well, it’s just 8% of global assets now. It can’t go higher, right?’” he added.Luke Broyles (left) conversed with Natalie Brunell (right) on the…
Doubts about Bitcoin’s potential for further price increases have surrounded the asset for years, and this skepticism is expected to persist, even if prices soar into the millions, as stated by a Bitcoin adviser.“I foresee this continuing for a long time,” said Luke Broyles, The Bitcoin Adviser, informed Natalie Brunell during the Coin Stories podcast on Friday.“Bitcoin could reach $5 million, $10 million or higher, and some will still say, Yeah, well it only represents 8% of global assets. It can’t go any higher, right?” he added.Luke Broyles (left) spoke with Natalie Brunell (right) on the Coin Stories podcast. Source:…
Bitcoin continues to face downward pressure following its drop from a record high of over $124,000 earlier this month. As of now, the cryptocurrency is priced at $110,219, marking a weekly decrease of approximately 2% and a more significant fall of over 10% from its peak. In spite of this correction, analysts are still analyzing on-chain data for clues about the market’s future trajectory. Recently, CryptoQuant contributor CryptoOnchain emphasized the relevance of the MVRV (Market Value to Realized Value) Price Bands, a well-established metric for evaluating market cycles. The analyst noted that Bitcoin’s current position above essential support bands indicates…
According to Will Reeves, CEO and co-founder of Bitcoin (BTC) rewards platform Fold, decentralized finance (DeFi) protocols will endure despite government and corporate attempts to impose traditional financial regulations aimed at creating a restricted environment of permissioned digital systems.Reeves shared with Cointelegraph that regulatory suggestions mandating DeFi protocols to incorporate biometric identity verification within smart contracts, or similar conventional financial (TradFi) regulations, will likely be ineffective, akin to the unsuccessful attempts to control information flow on the internet.Policy recommendations for implementing identity checks in digital asset systems from the White House’s Strengthening American Leadership in Digital Financial Technology report. Source:…