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.
Bitcoin’s value has surged since numerous investors entered the market, presenting holders with a challenging dilemma: Should they sell now, or continue holding for the future? For some, selling might mean finally realizing profits and converting digital wealth into tangible rewards. However, for others, it invokes the anxiety of missing out on even greater profits if Bitcoin (BTC) continues to rise.This tension is rekindling interest in an idea that was both popular and contentious during the last bull market: crypto lending. Essentially, crypto lending allows individuals to access cash without selling their Bitcoin, enabling them to retain the asset they…
The price of Bitcoin is poised to decline for the third week in a row as traders prepare for a $15 billion options expiry amid the emergence of risky chart patterns on the weekly chart. Summary Bitcoin has experienced a downturn for three consecutive weeks. More than $15 billion worth of BTC and Ethereum options are set to expire today. Technical analysis indicates potential further declines in BTC prices. On Friday, Aug. 29, Bitcoin (BTC) plummeted to $108,000, a significant drop from its all-time high of $124,200, with ongoing risk of continued declines if it fails to hold a crucial…
The Agentic AI initiative, Eliza Labs, has initiated legal proceedings against Elon Musk’s xAI, alleging that the AI firm utilized monopolistic tactics aimed at “deplatforming” agentic AI launchpads.The lawsuit asserts that xAI sought to “extract” proprietary information, such as technical documentation and usage statistics concerning the development of Eliza Labs’ platform, with the intention of replicating its ideas before subsequently “banishing” Eliza Labs from xAI.Shaw Walters, co-founder of Eliza Labs, contends in the lawsuit that the initial relationship between the two entities was friendly, with xAI encouraging Walters to exchange ideas. He mentioned that they also leveraged xAI’s application programming…
Pi Coin is experiencing a prolonged downtrend, trading perilously close to its historical low. This level was last reached in early August, and indicators suggest a potential retest in September. Investor sentiment shows increasing pessimism, with selling pressure preventing the altcoin from regaining previous support levels. Pi Coin Is Under Pressure The Chaikin Money Flow (CMF) indicates significant outflows from Pi Coin currently. The indicator has hit its lowest point in six weeks, underscoring substantial selling pressure. Investors are withdrawing capital from the asset, diminishing the likelihood of a rebound as it hovers near crucial support. These ongoing outflows signal…
El Salvador has redistributed its Bitcoin reserves into 14 new wallet addresses as a precaution against potential quantum computing threats.“By dividing funds into smaller amounts, the potential impact of a quantum attack is reduced,” El Salvador’s Bitcoin Office stated in a post on X Friday, noting that each Bitcoin (BTC) address can contain up to 500 BTC.The Bitcoin Office clarified that once funds are spent from a Bitcoin address, its public keys become exposed and thus vulnerable — turning it into a potential target for quantum computers to exploit — should the technology progress to be a serious threat in…
Opinion by: Steven Pu, co-founder of TaraxaThe rise of rollup-based layer 2s is detrimental to crypto, undermining its core trustless nature by diminishing decentralized trustlessness.What makes crypto unique is its trustlessness, backed by the layer 1 infrastructure. True trustlessness is achievable only through full decentralization, with decisions made objectively by a diverse and randomized collection of global nodes, owned by individuals with minimal interconnections.This decentralization relies on three essential components: inclusion, ordering, and execution. A network’s decentralization is only as strong as its weakest component. Once any aspect is controlled by a single entity, the label of “trustless” becomes mere…
El Salvador has redistributed its Bitcoin reserves into 14 new wallet addresses as a precaution against potential quantum computing threats.“By dividing the funds into smaller amounts, the risk of a possible quantum attack is reduced,” El Salvador’s Bitcoin Office stated in a post on X on Friday, noting that each Bitcoin (BTC) address holds up to 500 BTC.The Bitcoin Office explained that once funds are spent from a Bitcoin address, its public keys become visible and susceptible — making it vulnerable to quantum computers if the technology advances into a significant threat in the future.Source: Nick NeumanMore than 6 million…
Essential Insights:Previous SOL/BTC golden crosses led to 1,000% surges in the SOL/USD pair.An altseason backdrop along with nearly $3 billion in new treasury investments enhances Solana’s bullish outlook.Solana (SOL) is currently showcasing a unique golden cross against Bitcoin (BTC), a scenario that has historically triggered significant rallies in both BTC and US dollar values.Historical SOL golden crosses resulted in 1,000% increasesAs of Thursday, SOL/BTC’s 50-day simple moving average (50-day SMA; depicted by the red wave) was set to surpass the 200-day SMA (the blue wave), confirming a golden cross pattern.“We’ve witnessed this pattern previously… in 2021, 2023, and it’s forming…
Following a brief recovery period, Bitcoin (BTC) is trying to rebound from a significant level to regain the $110,000 support. However, some analysts propose that a retest of the $90,000 range could be the next target for the cryptocurrency. Related Reading Bitcoin Touches Weekly Lows For the first time in nearly two months, Bitcoin has dropped below the $110,000 support, falling beneath the local range’s lower boundary of $108,700-$119,500. The leading cryptocurrency reached an eight-week low of $107,900 on Friday afternoon, raising concerns about its short-term recovery among investors. Crypto analyst Ali Martinez indicated that the market is beginning to…
Philippine Senator Bam Aquino has declared his intent to propose legislation aimed at integrating the country’s national budget onto a blockchain.As reported in a Facebook post by local news outlet BusinessWorld, Aquino plans to introduce the bill “in the next couple of weeks.” This initiative is designed to “integrate the government’s budget and transactions into a blockchain platform for enhanced transparency.”In a focused Facebook post, Aquino highlighted that he discussed how technology can “enhance accountability in governance” during the Manila Tech Summit 2025. He noted his specific mention of blockchain technology:“I also talked about innovations like blockchain-based budgeting to make…