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 US Treasury is investigating the incorporation of identity checks directly into decentralized finance (DeFi) smart contracts, a decision that critics argue could undermine the foundational principles of permissionless finance.Recently, the agency launched a consultation under the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act), enacted in July. The Act mandates the Treasury to assess new compliance mechanisms to combat illicit financial activities in cryptocurrency markets.One proposed idea involves embedding identity verification directly into smart contracts. This approach would enable a DeFi protocol to automatically authenticate a user’s government ID, biometric credential, or digital wallet certificate prior…
According to the executive overseeing the company’s substantial Bitcoin treasury, Michael Saylor’s Strategy, the largest corporate holder of Bitcoin, does not aim to influence Bitcoin’s (BTC) price when making purchases. “The way we buy Bitcoin is we do not move the price of the Bitcoin,” the corporate treasurer and head of investor relations at Strategy, Shirish Jajodia, stated on the Coin Stories podcast hosted by Natalie Brunell on Wednesday. While market participants often speculate that Strategy’s large Bitcoin acquisitions influence the market price, Jajodia clarified that the company meticulously plans its purchases to mitigate market impact. Since beginning to accumulate…
The US Treasury is considering integrating identity verification directly into decentralized finance (DeFi) smart contracts, a shift that critics warn could undermine the core principles of permissionless finance.Recently, the agency initiated a consultation under the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act), enacted in July. This Act requires the Treasury to assess new compliance mechanisms to combat illicit activities in crypto markets.One proposal involves embedding identity credentials straight into smart contracts. This would allow a DeFi protocol to automatically check a user’s government ID, biometric data, or digital wallet certificate prior to approving a transaction.Proponents claim…
The US Treasury is considering the incorporation of identity verification directly within decentralized finance (DeFi) smart contracts, a proposition critics argue could undermine the essence of permissionless finance.Recently, the agency initiated a consultation following the enactment of the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act), signed into law last July. This Act mandates the Treasury to assess new compliance tools aimed at combating illicit activities in crypto markets.One proposed idea involves embedding identity verification credentials directly into smart contracts. This would allow a DeFi protocol to automatically authenticate a user’s government-issued ID, biometric identifier, or digital…
Lombard has announced its upcoming pre-launch Community Sale for its native token, BARD, on Buidlpad, a compliant token access platform that pairs protocols with verified communities. This event will distribute BARD to users as part of Lombard’s initiative to expand participation in its bitcoin-centric decentralized finance (DeFi) protocol, enabling community members to take part in staking, […]
US-listed Ethereum exchange-traded funds (ETFs) experienced their first week of outflows in 15 weeks, marking a break in a previously consistent trend of institutional inflows. According to data from Farside Investors, $241 million was withdrawn from these products during the week of August 22, despite a late-week uptick in demand that mitigated the overall effect. Ethereum ETFs Face Uncommon Setback with $241 Million Outflow The week commenced with significant selling pressure, as the nine funds collectively saw an outflow of $866.4 million from Monday to Wednesday. Notably, Tuesday alone saw $429 million in redemptions, marking the second-largest daily outflow since…
Spot Bitcoin ETFs in the US have experienced their longest span of outflows in over four months, although crypto entrepreneur Anthony Pompliano suggests that Bitcoin’s price may currently be undervalued.In the last five trading days, spot Bitcoin (BTC) ETFs have encountered approximately $1.17 billion in outflows, marking the longest sequence since a seven-day outflow period in April, when Bitcoin was trading close to $79,625, as reported by Farside and CoinMarketCap.Pompliano stated on CNBC this Thursday that Bitcoin is likely trading below its true value. At the time of writing, it was valued at $112,870.Bitcoin poised for a more active buying…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. A term that once belonged to music and television is now being transformed in the realm of finance: streaming. Commonly associated with on-demand content delivery, “streaming” is evolving to encompass a more concrete concept — continuous, immediate, and transparent money movement, enabled by blockchain technology and stablecoins. Summary From music to finance: As Spotify and Netflix replaced buffering with instant streaming, stablecoins are reshaping finance — turning slow, cumbersome payments into real-time settlements. The flaws of outdated…
Ethereum is experiencing a pivotal moment in its bullish trajectory, reaching new heights after breaking above its 2021 peak of $4,860. This movement follows a notable 14% increase on Friday, one of the strongest single-day performances this year, as market bulls regained dominance. Related Reading The rally was triggered by comments from Federal Reserve Chair Jerome Powell during the Jackson Hole symposium. Powell suggested a potential easing of US monetary policy, indicating that current restrictive measures might no longer be suitable due to shifting risks. The market reacted swiftly: within minutes, both equities and cryptocurrencies surged, with Ethereum at the…
In the rapidly evolving world of cryptocurrency, traders have traditionally depended on charts—like candlesticks, Fibonacci lines, and Bollinger Bands—to interpret price movements. However, a subtle transformation is taking place.Rather than fixating on graphs or switching between indicators, traders are increasingly leveraging AI models such as ChatGPT and Grok for real-time context, sentiment analysis, and narrative understanding. These technologies do not completely replace charts, but they are emerging as the first source of insights, altering how numerous retail and semi-professional traders make decisions.Here’s an overview of why this shift is significant.The emergence of crypto chart fatigueCrypto charts are overloaded with data,…