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.
The Solana ecosystem is making strides into hardware with the upcoming release of its inaugural handheld gaming console.Play Solana, a project focused on creating a Web3 gaming device on the Solana blockchain, announced that the Play Solana Gen 1 (PSG1) device will begin shipping on Oct. 6.This device features gaming-ready specifications, including an octa-core ARM processor, 8 gigabytes of RAM, WiFi and Bluetooth connectivity, and a touch LCD display. Additionally, it comes with a built-in hardware wallet and fingerprint authentication, enabling users to securely store crypto assets while engaging in gaming.A limited non-fungible token (NFT) collection has also been launched,…
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TL;DR CRO’s price jumped 42% in 24 hours as trading volume surpassed $1 billion following the Trump Media partnership. Santiment data indicates a rise in daily active addresses, demonstrating robust on-chain activity during the spike. Technical indicators remain positive, but the RSI nearing 80 signals potential short-term overbought conditions. Trump Media Partnership Boosts CRO Cronos (CRO) surged after Crypto.com revealed a partnership with Trump Media to establish a $6.4 billion crypto treasury firm. The agreement, executed through a SPAC merger with Yorkville Acquisition Corp., will allow the new entity to retain over $1 billion in CRO tokens. Crypto.com CEO Kris…
A coalition of 112 cryptocurrency firms, investors, and advocacy organizations has urged the US Senate to embed protections for software developers and non-custodial service providers in forthcoming market structure legislation.In a letter sent on Wednesday to the Senate Banking and Agriculture Committees, the industry expressed a unified stance, calling on lawmakers to ensure developers and non-custodial entities are not misclassified as intermediaries under outdated financial regulations.“Provide robust, nationwide protections for software developers and non-custodial service providers in market structure legislation,” the letter emphasized. “Without such protections, we cannot support a market structure bill.”Signatories include Coinbase, Kraken, Ripple, a16z, Uniswap Labs,…
CoinDesk Indices provides its daily market update, showcasing the performance of both leaders and laggards within the CoinDesk 20 Index.The CoinDesk 20 is currently priced at 4134.18, reflecting a 0.5% increase (+21.8) since 4 p.m. ET on Tuesday.Six out of 20 assets are trading positively.Leaders: SOL (+4.1%) and BCH (+2.7%).Laggards: XLM (-2.7%) and FIL (-1.4%).The CoinDesk 20 is a comprehensive index traded across various platforms worldwide.
Large cryptocurrency investors, commonly known as whales, are purchasing hundreds of millions of Ether, as experts highlight a natural shift in investor interest towards altcoins with higher growth potential.According to blockchain data platform Arkham, nine significant whale addresses collectively purchased $456 million worth of Ether (ETH) from Bitgo and Galaxy Digital, as reported in a Tuesday X post.The increasing demand from whales for the world’s second-largest cryptocurrency indicates a “natural rotation” into Ether and other altcoins with greater upside potential, as stated by Nicolai Sondergaard, a research analyst at crypto intelligence platform Nansen.“Much of this appears to be a natural…
Highlights: Bitcoin is poised to recover from its recent decline and potentially reach new all-time highs within the next four months, reflecting historical trends. Research indicates that the Bitcoin outlook until Christmas is “positive yet less volatile.” The current downturn might be “frontrunning” typical BTC price declines observed in September. Bitcoin (BTC) is projected to achieve average gains of 44% by Christmas, as experts downplay the potential for a deeper price correction. Insights from network economist Timothy Peterson, shared on X this week, forecasts a “positive” performance for BTC/USD in Q4. Bitcoin analysis aims for $160,000 target Historically, Bitcoin experiences…
Key points:Bitcoin has the potential to recover from its recent downturn and achieve new all-time highs within four months, according to historical trends.Research indicates that Bitcoin’s outlook from now until Christmas is “positive yet less volatile.”The current price dip may be “frontrunning” the typical September downturn for BTC.Bitcoin (BTC) is expected to show average gains of 44% by Christmas, as analysts suggest that a significant price correction is unlikely.Research by network economist Timothy Peterson, released on X this week, predicts a “positive” performance for BTC/USD in Q4.Bitcoin analysis targets $160,000Historically, Bitcoin experiences its lowest gains in September, a month where…
Japan’s Bitcoin treasury company, Metaplanet, has announced plans to raise over JPY 130 billion (approximately $880 million) via an international share offering, primarily to purchase additional Bitcoin.The company revealed on August 27 that its board had authorized the release of up to 555 million new shares. If shareholders approve this measure in the September 1 meeting, Metaplanet’s total stock will increase from 722 million to approximately 1.27 billion shares.The share offering will be conducted solely in international markets, with sales in the US restricted to Qualified Institutional Buyers pursuant to Rule 144A of the Securities Act of 1933.This move aims…