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.
Key takeaways:Prior SOL/BTC golden crosses have preceded 1,000% surges in the SOL/USD pair.The backdrop of an altseason and nearly $3 billion in new treasury purchases enhances Solana’s potential.Solana (SOL) is currently indicating a rare golden cross against Bitcoin (BTC), a configuration that has historically triggered significant rallies in both BTC and USD valuations.Historical SOL golden crosses led to 1,000% increasesAs of Thursday, SOL/BTC’s 50-day simple moving average (50-day SMA; the red line) is expected to surpass the 200-day SMA (the blue line), confirming a golden cross pattern.“We’ve experienced this before… in 2021, 2023, and now in 2025,” states analyst Ran…
Tether announced on August 28 that its primary USDT stablecoin will now be issued directly onBitcoin using the RGB protocol.This is the first instance of a prominent stablecoin being natively deployed on the Bitcoin network, rather than through sidechains or as wrapped assets.Regarding this initiative, Tether CEO Paolo Ardoino stated:“Bitcoin deserves a stablecoin that feels genuinely native, lightweight, private, and scalable. With RGB, USDT gains a robust new pathway on Bitcoin, underscoring our faith in Bitcoin as the cornerstone of a more liberated financial future.”What is RGB?RGB is a protocol for asset issuance designed to operate across Bitcoin and the…
Bitcoin dominance finds itself at a crucial juncture, testing important support levels that could dictate market trends. A rebound from these areas might indicate transient stability, while a fall could lead to further declines and redirect focus towards altcoins. Market Structure Indicates Increasing Vulnerability As noted by @Crypto_TheBoss in a recent market update, Bitcoin dominance has dipped below the 60% support threshold, signaling a significant shift in market dynamics. This drop indicates a weakening hold for Bitcoin as funds begin to spread into other segments of the crypto market. Such movements often serve as early indicators of potential altcoin strength,…
Bitcoin’s price has surged since many investors first entered the market, presenting holders with a challenging dilemma: Should you sell now, or continue holding for future gains? For some, selling may finally translate profits into real-world rewards. Others, however, face the anxiety of missing out on potential larger gains if Bitcoin (BTC) continues to rise.This tension is reigniting interest in a concept that was both popular and contentious during the last bull market: crypto lending. Essentially, crypto lending allows individuals to unlock cash without having to sell their Bitcoin, thus retaining the asset they believe in. This idea is not…
SOL STRONG, NVIDIA EARNINGS MIXED, CRO SOARS 50% DUE TO TRUMP PARTNERSHIPSOL remains robust among major cryptocurrencies, facing critical resistance. CRO surges 50% following the Trump Media collaboration. Aave introduces its horizon RWA platform. CFTC adopts NASDAQ surveillance for crypto oversight. Circle and Tether issue an additional $1.25 billion in stablecoins. Jupiter debuts its lending protocol.
Key HighlightsAmerican Bitcoin is set to go public through a merger with Gryphon Digital Mining.Hut 8, Eric Trump, and Donald Trump Jr. collectively hold 98% of the shares.The company aspires to be the “largest Bitcoin miner in the world.”American Bitcoin Set for Nasdaq Listing with Trump Brothers InvolvedAmerican Bitcoin is gearing up for a Nasdaq public listing potentially in September, as reported by Reuters. This initiative is being facilitated through a merger with Gryphon Digital Mining, now reportedly in its final stages according to Hut 8 CEO Asher Genuth.Source: Yahoo FinanceRather than a traditional IPO, the company is opting for…
The US government has engaged Chainlink and Pyth, two blockchain oracle providers, to publish economic data on the blockchain.Pyth has been chosen by the Department of Commerce to publish gross domestic product (GDP) data — the total economic output for the year — as per an announcement made on Thursday.Chainlink was selected to deliver data feeds from the Bureau of Economic Analysis (BEA).These feeds include real gross domestic product (GDP), personal consumption expenditures (PCE) price index, and real final sales to private domestic purchasers, the company stated.Publishing government data on the blockchain is part of the Trump administration’s initiative to…
Summary Nvidia reported a remarkable $46 billion in profits for the second quarter. The U.S. economy experienced a growth rate of 3.3% in Q2. Solana rose by 2.3%, with analysts noting interest from treasury firms. On Thursday, Bitcoin and other cryptocurrencies saw an increase as investors reacted to Nvidia’s strong earnings and indications of a robust U.S. economy.Bitcoin was trading at about $113,000, reflecting a 0.9% rise over the previous day, according to CoinGecko. In contrast, Solana climbed 2.3% to $212, peaking at nearly 5% before pulling back.Ethereum and XRP saw declines of 2.7% and 0.8%, respectively, with ETH trading…
The US government has engaged Chainlink and Pyth, two blockchain oracle providers, to publish economic data on-chain.Pyth has been chosen by the Department of Commerce to publish gross domestic product (GDP) data—the total economic output for a year—according to an announcement released on Thursday.Chainlink was selected to deliver data feeds from the Bureau of Economic Analysis (BEA).These feeds encompass real gross domestic product (GDP), the personal consumption expenditures (PCE) price index, and real final sales to private domestic purchasers, the company stated.Publishing government data on-chain aligns with the Trump administration’s initiative to enhance the transparency of government spending to boost…
On Thursday, the Department of Commerce revealed that it has started uploading its GDP data onto nine blockchain networks and is partnering with decentralized oracle networks Chainlink and Pyth to integrate U.S. macroeconomic data into the decentralized finance (DeFi) ecosystem and the wider crypto economy.The department’s release of GDP data for Q2 2025 has already been uploaded onto Bitcoin, Ethereum, Solana, and six additional blockchains: Tron, Avalanche, Stellar, and Ethereum layer-2 networks Polygon, Arbitrum, and Optimism, with support from crypto exchanges Coinbase, Gemini, and Kraken.In the future, collaborations with Chainlink and Pyth will allow verified U.S. government data—including GDP statistics,…