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.
A major decline in the crypto market has created significant turbulence within the industry over the past 24 hours, resulting in a wave of liquidations. Approximately 200,000 traders were compelled to exit their positions as Bitcoin dropped to its lowest point in seven weeks, leading to more than $900 million in liquidations within a single day. Related Reading As reported by CoinGlass, the majority of these losses stemmed from long positions that failed to withstand the downturn. Liquidations Impact Retail Traders Reports indicate that a single large transaction triggered this downward spiral. A significant holder sold 24,000 BTC, which prompted…
Key takeaways:Bitcoin’s $124,500 peak is unlikely to be the cycle’s high, with all 30 peak indicators remaining neutral.Recent losses indicate that new investors are capitulating, while experienced holders remain steady.Staying above the 20-week EMA opens Bitcoin’s trajectory toward $150,000.Bitcoin’s (BTC) decline from its record highs raises concerns about whether the market has already peaked for 2025. However, the so-called “$124K top” is merely “noise,” according to analyst Merlijn The Trader.30/30 indicators suggest Bitcoin has room to growIn a Tuesday post, Merlijn highlighted that none of Bitcoin’s 30 widely acknowledged peak indicators have turned red yet.Bitcoin’s bull market peak indicators. Source:…
Animoca Brands has partnered with Antler’s corporate innovation branch, Ibex Japan, to establish a specialized Web3 entertainment investment fund focused on bringing Japan’s anime and manga intellectual property (IP) onchain.This 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 adviser Keyvan Peymani, and Ibex Japan partner Sandeep Casi presented the project, according to a report by CoinPost, a Japanese crypto news outlet.Casi remarked that “90% to 99% of Japan’s IP is currently underutilized and has significant value.” He emphasized that…
Crypto millionaire James Wynn indicated that the downturn in the August market was coming to a close, despite his latest memecoin liquidation attributed to an alleged market maker “cabal.” Wynn faced a liquidation on his recent 10x leveraged long position betting on a rise in Dogecoin (DOGE), resulting in a loss of $22,627, as reported by blockchain data platform Onchain Lens in a Monday X post. This loss is relatively minor for Wynn compared to the substantial $100 million position that was liquidated on May 30 when BTC momentarily dropped below a 10-day low of $105,000. He attributed his recent…
BTC WHALE TRIGGERS MINI-CRASH, ETH REACHES ATH, FOOTBALLFUN GOES VIRALETH achieves a new ATH before pulling back. A whale offloads 24k BTC, causing a mini-crash. Only 18.3m ETH remains on exchanges. Jump & Galaxy are launching a $1bn SOL treasury initiative. Sharps Technology is proposing a $400bn SOL DAT. VanEck has filed for the first SOL liquid staking ETF. Sharplink is set to repurchase $1.5b in stock. BitMine’s holdings now amount to $7.9bn in ETH. Japan plans to reduce crypto taxes and approve BTC ETFs. Metaplanet acquires $11.7m in BTC, joining FTSE Japan. Saylor indicates a third consecutive BTC strategy…
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Summary Sugar Match is a new mobile puzzle game similar to Candy Crush Saga but incorporates cryptocurrency elements. The game utilizes the CNDY token on the Tezos layer-2 network, Etherlink. Currently, the mobile game is available on both Google Play Store and Apple App Store. Candy Crush Saga has achieved over 1 billion mobile downloads with its sleek approach to match-3 puzzles, and now the concept is being reimagined with the debut of Sugar Match, a game hosted on the Tezos layer-2 network, Etherlink.Developed by Sugar Gaming Studios, this iOS and Android game aims to set itself apart from other…
Summary Dogecoin experiences a 3% recovery after a 16% decline from its peak of $0.245 on August 24. Significant developments for Dogecoin include the acquisition of a mining company by Thumzup, linked to the Trump family, as a spot Dogecoin ETF awaits approval. Analysts suggest increased whale activity and growth in whale wallets are positive indicators for the long-term prospects of the meme coin. On-chain data indicates that large Dogecoin holders are accumulating assets during the current market downturn, an action experts believe may surpass mere speculative interest.Following a low of $0.205 on Monday, Dogecoin has bounced back to $0.211,…
Key takeaways:The $124,500 Bitcoin high is unlikely to mark the cycle peak, as all 30 peak indicators remain neutral.Recent losses indicate new investors are capitulating, while veteran holders show no concern.Staying above the 20-week EMA keeps the pathway for Bitcoin toward $150,000 open.Bitcoin’s (BTC) decline from its historical highs has raised concerns about whether the market has peaked for 2025. However, analyst Merlijn The Trader dismisses the “$124K top” as mere “noise.”30/30 indicators suggest Bitcoin still has potential for growthIn a Tuesday post, Merlijn emphasized that none of Bitcoin’s 30 prominent peak indicators have shown signs of distress.Bitcoin’s bull market…