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.
Japan’s Gumi Inc., a notable player in the gaming industry, is deepening its involvement in cryptocurrency by planning a significant acquisition of XRP. The company announced its intention to purchase 2.5 billion yen, nearly $17 million, worth of the token as part of its blockchain strategy. Related Reading Ongoing Accumulation A press release indicated that this acquisition will not occur in a single transaction. Instead, Gumi plans to gradually purchase XRP from September 2025 to February 2026. This method of spreading purchases appears to minimize the risks associated with sudden market price fluctuations. Potential XRP Price Surge Experts suggest that…
BTC may fall to $80,000 by the end of 2025 if support is definitively broken; however, analysts suggest this wouldn’t automatically signal the onset of a bear market.
The discussion surrounding Bitcoin’s function as a payment method versus its role as a store of value continues. With prices consistently exceeding $100k and increasing pressure from ETF issuers and Bitcoin treasury firms, as well as the inevitable institutionalization of the market, the notion of using Bitcoin for minor transactions feels increasingly antiquated. But is Jack Dorsey correct in claiming that Bitcoin loses its purpose if it remains solely a store of value and isn’t utilized for payments? Bitcoin as a Payment Method Initially, Bitcoin was designed as a payment tool, serving as a genuine form of electronic cash for…
A surge of cryptocurrency exchange-traded funds (ETFs) may soon enter U.S. markets as early as this fall, potentially transforming access for both institutional and retail investors in the digital asset space. While some view this as a pivotal moment for mainstream adoption, others are already preparing for the likely fallout.“The crypto ETF floodgates are about to open this fall, and investors will find themselves surrounded by these products,” stated Nate Geraci, president of NovaDius Wealth Management. He believes that most of the 90-plus crypto ETF applications currently filed with the U.S. Securities and Exchange Commission (SEC) will receive approval, assuming…
Pump.fun has invested over $62.6 million in repurchasing its native token, PUMP, as per data from Dune Analytics. These buybacks have absorbed more than 16.5 billion tokens at an average price of $0.003785, with the goal of stabilizing price movements and alleviating selling pressure.The buyback strategy relies on revenue generated by the platform, mainly from fees charged to users launching memecoins, to conduct daily token repurchases. Over the past week, daily buybacks have consistently ranged from $1.3 million to $2.3 million, according to Dune Analytics data shows. Since its inception, Pump.fun has generated over $775 million in revenue, according to…
Opinion by: Vikrant Sharma, CEO of Cake LabsOn June 30, 2025, the United States Supreme Court declined to review Harper v. Faulkender, effectively endorsing the IRS’s broad “John Doe” summonses for cryptocurrency records.By maintaining a lower court’s decision, the court upheld that the established third-party doctrine applies to public ledgers as it does to bank records. According to this doctrine, information shared with third parties, such as a bank or blockchain, loses its Fourth Amendment protection. Once data leaves a person’s hands, constitutional privacy rights are diminished.For on-chain transactions recorded across any blockchain, nearly all payments are now available for…
The crypto market appears relatively stagnant today, remaining unchanged since yesterday. Throughout the past week, various categories—including smart contract platforms, layer-1s, DeFi tokens, DEX tokens, and meme coins—have faced downward pressure. The global crypto market capitalization has decreased from $4 trillion to $3.86 trillion, marking a 3.5% decline over the past few days. However, beneath this surface-level stagnation, astute investors—wallets recognized for swift gains and strategic positioning—are discreetly accumulating. Here are three altcoins that these savvy investors are purchasing despite the overall market downturn. Shiba Inu (SHIB) Shiba Inu has seen a correction of over 6% in the past week,…
Two ex-executives from the now-defunct crypto lender Cred LLC have been sentenced to a total of 88 months in federal prison for their involvement in a wire fraud scheme. Summary Former Cred CEO and CFO sentenced to 88 months for defrauding over 6,000 customers of $140 million Executives misled clients following the COVID-19 crash, which revealed Cred’s risky business model Cred’s bankruptcy has resulted in over $1 billion in losses based on current crypto valuations The conspiracy has left more than 6,000 customers facing losses exceeding $140 million. Senior U.S. District Judge William Alsup sentenced co-founder and former CEO Daniel…
Opinion by: Vikrant Sharma, CEO of Cake LabsOn June 30, 2025, the United States Supreme Court chose not to review Harper v. Faulkender, effectively backing the IRS’s expansive “John Doe” summonses regarding cryptocurrency records.By allowing a lower court’s decision to remain intact, the court reinforced the century-old third-party doctrine applies to public ledgers in the same way it does to bank records. According to this doctrine, information willingly shared with another entity, such as a bank or blockchain, loses its Fourth Amendment protection. Once data is outside a person’s control, constitutional privacy protections disappear.For on-chain transactions, which are permanently recorded…
Pump.fun has allocated over $62.6 million to repurchase its native token, PUMP, as reported by Dune Analytics. These buybacks have absorbed more than 16.5 billion tokens at an average price of $0.003785, aiming to stabilize price movements and alleviate sell pressure.The buyback strategy is funded by revenue generated on the platform, mainly from fees collected from users launching memecoins. Daily repurchases have consistently ranged from $1.3 million to $2.3 million in the past week, according to Dune Analytics data shows.Since its inception, Pump.fun has generated over $775 million in revenue, according to DefiLlama data. Notably, the platform experienced a significant…