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 was the pioneer in creating a regulatory framework for stablecoins. However, it has maintained a rather passive stance on the technology, lacking a blockchain representation of its national currency, the yen. This situation is about to change.Following years of quiet infrastructure development, Japan is set to launch its first fully collateralized, yen-backed stablecoin later this year.According to Takashi Tezuka, Japan’s country manager at the Web3 infrastructure provider Startale Group, the disparity between Japan and the United States regarding stablecoins reflects a more profound philosophical divide.“The GENIUS Act was met with a blend of relief and intrigue,” he noted, alluding…
Hedera (HBAR) has surged over 40% in the last three months. However, its recent activity indicates that these gains may be in jeopardy. In the past 24 hours, HBAR’s price has fallen by more than 4%, extending its month-long losing streak to over 11%. With sellers in command, HBAR finds itself in a critical zone, where the only potential support emerges from an improbable source. Diminishing Interest Fuels Sellers’ Dominance Examining on-chain data reveals why buyers have retreated. Hedera’s social dominance, which measures its discussion frequency across crypto platforms, has plummeted. On July 13, it was at 2.417%, but by…
As Bitcoin balances continue their prolonged decline on the exchange, Ethereum deposits are steadily increasing. This contrast illustrates two competing asset narratives, suggesting traders might be shifting their focus to altcoins. Summary OKX releases its 34th proof-of-reserves, confirming $33.7 billion in fully backed assets. Bitcoin balances are decreasing on the exchange, while Ethereum deposits are on the rise. XRP, Dogecoin, Solana, and major stablecoins show robust backing exceeding 100%. On August 29, crypto exchange OKX released its 34th consecutive monthly proof-of-reserves, substantiating that it holds all user assets with a significant surplus. The audit, dated August 18, verifies the platform…
The native token of the Pyth Network experienced a significant increase on Thursday after the project announced its selection by the US Department of Commerce to verify and distribute economic data on-chain. This development positions blockchain technology centrally within official government processes and underscores the vital function of data oracles.As per CoinMarketCap, the PYTH token reached a peak just over $0.20, achieving a daily increase of over 70%. It was last trading below $0.19, still maintaining a gain of approximately 62% for the day.This surge brought PYTH to its highest point since February, pushing its market capitalization past $1 billion,…
Lead plaintiffs and an investor have voluntarily dropped their lawsuit against Bitcoin treasury firm Strategy, conclusively ending the case, according to a court document acquired by Cointelegraph. This action could signify a win for crypto treasury firms, with Strategy being the largest in the industry.A Thursday court record notes that lead plaintiffs Michelle Clarity and Mehmet Cihan Unlusoy, along with an investor representing additional shareholders, filed the stipulation for dismissal.“The dismissal regarding Co-Lead Plaintiffs’ claims and Anas Hamza’s claims, excluding absent class members’ claims, is with prejudice,” reads the court filing. Furthermore, “the Action has not been certified as a…
Key takeaways:Bitcoin requires a weekly close above $114,000 to prevent a significant correction and maintain bullish momentum.Failure to sustain $112,000, along with a breakdown of the bear flag, could lead to a decline to $103,700.According to traders and analysts, Bitcoin (BTC) might evade a severe correction if BTC/USD finishes the week above $114,000.Importance of Reclaiming $114,000 for BitcoinBitcoin is on track for its third week of losses, sitting 11% lower than its all-time high of $124,500 reached on August 14, based on data from Cointelegraph Markets Pro and TradingView.The cryptocurrency has fallen below the critical $114,000 mark, which has provided…
Lead plaintiffs and an investor have decided to voluntarily drop their lawsuit against the Bitcoin treasury firm Strategy, resulting in a permanent conclusion to the case, as stated in a court document acquired by Cointelegraph. This development may be viewed as a potential victory for cryptocurrency treasury firms, with Strategy being a dominant force in the industry. According to a court document dated Thursday, two lead plaintiffs, Michelle Clarity and Mehmet Cihan Unlusoy, along with an investor representing other shareholders, filed a stipulation for dismissal. “The dismissal regarding the Co-Lead Plaintiffs’ claims and Anas Hamza’s claims, while leaving class members’…
What are crypto swaps, crypto bridges and conversion tools? As we approach the latter half of 2025, crypto swaps have become ubiquitous. But is it merely a trend, or does the data support it? What exactly defines a crypto swap, and how is it distinct from bridging or exchanging?In Q2 2025, decentralized exchanges (DEXs) experienced a significant increase of 25.3% in spot trading volume, surpassing $876 billion. Conversely, centralized exchanges (CEXs) plummeted by nearly 28%, closing the quarter at $3.9 trillion.A clear pattern emerges: More individuals prefer direct crypto swaps rather than the conventional “sell to fiat, then buy again”…
Tether, the issuer of stablecoins, has decided not to proceed with its plan to freeze USDT smart contracts on five blockchains. The tokens will continue to be transferable, but they will no longer be issued or redeemed.This updated plan affects users on Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand, as Tether announced on Friday after receiving community feedback. “Based on the input from the communities of these phased-out blockchains, Tether has adjusted its strategy and will not freeze the smart contracts on these networks.”Users will still have the ability to transfer tokens on these networks, but Tether will…
The forthcoming Hollywood thriller “Killing Satoshi” delves into one of modern finance’s greatest enigmas: the true identity of Satoshi Nakamoto. This film will be a conspiracy thriller that follows a group of characters challenging a powerful global organization determined to keep Nakamoto’s identity hidden. Hollywood Explores the Crypto Realm Hollywood is developing a thriller focused on Bitcoin’s creator, Satoshi Nakamoto, transforming one of crypto’s significant mysteries into a cinematic experience. Production for “Killing Satoshi” is set to begin in London this October, with a projected release in 2026. Reports suggest the storyline centers around a group of individuals facing a…