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.
Dogecoin experienced significant volatility from August 24 to 26, fluctuating within a $0.013 range before stabilizing around $0.21. A notable decline from $0.218 to $0.208 on August 25 occurred alongside a substantial trading volume of 1.57 billion, with broader market pressures stemming from a 900 million DOGE transfer to Binance, which unsettled traders.Despite short-term caution, whales are continuing to accumulate, resulting in mixed sentiments regarding breakdown risks versus dip-buying optimism.News BackgroundWhale transfers contributed to the volatility: from August 24–25, a large transfer of 900 million DOGE (valued at over $200 million) was made to Binance from a long-term holding wallet.Market…
Animoca Brands has partnered with Antler’s corporate innovation branch, Ibex Japan, to introduce a dedicated Web3 entertainment investment fund focused on bringing Japanese anime and manga intellectual property (IP) onchain.The announcement was made on Tuesday at the WebX conference in Tokyo, as Animoca Brands shared in a post on X.During the conference, Animoca’s co-founder and chairman, Yat Siu, senior advisor Keyvan Peymani, and Ibex Japan partner Sandeep Casi discussed the project, according to a report by Japanese crypto news platform CoinPost. Casi remarked that “90% to 99% of Japan’s IP is lying dormant on the shelves and has great value.” He…
Sure! Here’s a rewritten version of the content while preserving the HTML tags: Key HighlightsBitwise has filed with the SEC to introduce the first U.S. spot Chainlink ETFThe ETF aims to invest directly in LINK and will utilize Coinbase CustodyChainlink saw a rise of 2.3% following the announcement of the ETF filingBitwise Submits Proposal for First U.S. Spot Chainlink ETFBitwise has filed a proposal with the U.S. SEC for a Chainlink (LINK) spot ETF, marking the first of its kind in the U.S. market. This action indicates increasing institutional interest in Chainlink and altcoins, coinciding with a shift in regulatory…
Key takeaways:A dormant whale purchases $28M in ETH following a 13% price drop, indicating accumulation.Whales, BitMine, and ETFs contribute billions in ETH, supporting bullish sentiment.A “V-shaped” recovery pattern is forming, with analysts targeting $7.5K–$20K.After four years of inactivity, an Ethereum whale wallet has emerged, acquiring $28 million worth of Ether (ETH), generating positive buzz in the market.Wealthy Ethereum addresses are capitalizing on the dipOn Tuesday, the entity withdrew 6,334 ETH (approximately $28.08 million) from Kraken within the last hour, according to on-chain data from analyst CryptoGoos. The same address last interacted with the platform in 2021. Transaction history of the…
Key takeaways:A dormant whale has purchased $28M in ETH as the price dips by 13%, indicating a potential accumulation.Whales, BitMine, and ETFs contribute billions in ETH, strengthening bullish demand.A “V-shaped” recovery pattern is forming, with analysts targeting prices between $7.5K and $20K.An Ethereum whale wallet has re-emerged after a four-year hiatus, acquiring $28 million worth of Ether (ETH), which has sparked positive sentiment in the market.Wealthy Ethereum addresses are seizing the dipOn Tuesday, this entity withdrew 6,334 ETH (approximately $28.08 million) from Kraken within the last hour, according to on-chain data shared by analyst CryptoGoos. This address last engaged with…
Blockchain developers are recounting “horror stories” about staggering bills from Google Cloud’s BigQuery service, including one developer who faced a shocking charge of $15,000 for just three queries.BigQuery is a serverless data warehouse provided by Google Cloud, designed for analyzing extensive data sets using Structured Query Language (SQL) and integrated artificial intelligence (AI) features.“I want to caution everyone that BigQuery is a significant scam, and daily you risk receiving a ludicrous bill that could lead to bankruptcy,” wrote a pseudonymous developer in a post shared by Mikko Ohtamaa, co-founder of the decentralized algorithmic trading protocol Trading Strategy, adding:“Typically, my monthly…
Summary Bitwise has submitted a filing to the SEC for a Chainlink ETF that would directly hold LINK tokens, utilizing Coinbase Custody as the custodian. The ETF aims to provide in-kind creation and redemption, enabling investors to swap LINK tokens directly for shares. LINK was trading around $24.27 following the announcement, reflecting a 1.1% decrease amid overall crypto market downturn. According to a recent SEC filing, Bitwise is looking to introduce a Chainlink ETF that will directly hold LINK, the native token of the oracle network.While the filing does not yet specify a ticker, it confirms that the tokens backing…
Leading meme coin Shiba Inu (SHIB) has experienced a 2% decline today amid general market weakness, continuing a largely sideways trend that has persisted since early August. This subdued performance mirrors the overall market’s cautious sentiment, with investors showing reluctance. However, data from two critical on-chain indicators suggest that SHIB may be on the brink of a rebound. SHIB Might Be Ready for a Rebound An analysis of SHIB’s Liquidation Heatmap identifies potential buying pressure that could ignite renewed upward movement. According to Coinglass data, there is a concentration of leveraged positions and liquidity just above the meme coin’s price…
Summary Geoffrey Kendrick from Standard Chartered considers Ethereum’s recent downturn from its peak a “great entry point,” forecasting a target of $7,500 by the end of 2025. Since June, treasury firms and ETFs have acquired 4.9% of circulating ETH, contributing to the upward momentum leading to an all-time high of $4,953. Ethereum ETFs garnered $444 million in inflows on Monday, compared to $219 million for Bitcoin ETFs, with Ethereum outperforming BTC by 32.6% to 17.3% year-to-date. According to Standard Chartered, Ethereum’s recent pullback presents a “great entry point” for investors.The bank’s head of digital assets, Geoffrey Kendrick, believes Ethereum is…
Monex Group, a publicly traded financial services company based in Tokyo, is exploring the possibility of launching a stablecoin pegged to the Japanese yen.A report from TV Tokyo on Tuesday indicates that Monex Group’s Chairman, Oki Matsumoto, stated that the company is contemplating the issuance of a yen-backed stablecoin in Japan.“Creating stablecoins requires substantial infrastructure and investment, but we must engage in this space to avoid being left behind,” Matsumoto remarked. He added:“We will take appropriate actions.”Oki Matsumoto. Source: WikidataRelated: Japan’s finance Minister endorses crypto as portfolio diversifierMonex’s potential stablecoinIf Monex Group proceeds with the stablecoin, it would be secured…