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.
Hedera (HBAR) has joined the broader crypto rally, experiencing an increase of over 5% on Friday. While many assets are reacting to optimism concerning potential September rate cuts, two significant signals suggest that HBAR may outperform its peers in the coming days. One group’s accumulation pattern and a bullish technical indicator are showing supportive signs. Whale Accumulation Strengthens Outlook In the past week, large HBAR holders have been expanding their positions. Accounts holding at least 1 million tokens increased from 82.41 on August 16 to 84.09 on August 23. Similarly, the count for the 10 million token band rose from…
Opeyemi is an accomplished writer and passionate explorer in the fascinating and diverse world of cryptocurrency. Although the digital asset sector wasn’t his original ambition, he has been completely captivated since he first ventured into this realm over two years ago. Today, Opeyemi takes great pride in crafting original pieces that demystify the complexities of blockchain technology and share insights on the latest developments in cryptocurrencies. Opeyemi relishes his connection to the crypto market, which explains why he spends most of his days analyzing various price charts. While “looking” might sound simplistic, it encompasses the detailed examination and interpretation of…
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Bitcoin (BTC) now represents approximately 1.7% of the global money supply, encompassing the combined M2 money supply data from all major fiat currencies, the largest minor currencies, and the market cap of gold, as reported by River, a Bitcoin financial services firm.“In 16 years, Bitcoin achieved 1.7% of global money,” River stated. The company’s analysis compared Bitcoin’s market capitalization with a $112.9 trillion aggregate of fiat currencies and $25.1 trillion in hard assets, deliberately excluding silver, platinum, and rarer metals like palladium.This evaluation is based on Bitcoin having a market cap of $2.4 trillion, which it surpassed earlier in August.…
Bitcoin (BTC) now makes up approximately 1.7% of global money, a statistic that incorporates the total M2 money supply data from primary fiat currencies, notable minor currencies, and the market capitalization of gold, according to River, a financial services company focused on Bitcoin.“In 16 years, Bitcoin has risen to represent 1.7% of global money,” River stated. The company evaluated Bitcoin’s market cap against a $112.9 trillion mix of fiat currencies and $25.1 trillion in hard assets, excluding silver, platinum, and rare metals like palladium.The analysis presumes Bitcoin has a market capitalization of $2.4 trillion, a figure it surpassed earlier in…
An on-chain investigation by the pseudonymous analyst Dethective has connected a wallet that purchased the Kanye West-themed token YZY to a group of wallets associated with the LIBRA token, implying that the same operator leveraged insider knowledge to extract tens of millions of dollars.In a series of X posts on Thursday, Dethective disclosed that a YZY sniper wallet acquired $250,000 worth of tokens at just $0.20, significantly lower than the price most traders paid. Within minutes, the wallet generated over $1 million in profit, which was subsequently transferred into a treasury wallet.This same treasury wallet had also received substantial sums…
Morpho’s price surged this week, reaching its highest point since February, driven by significant demand for its lending solutions. Summary The Morpho token has risen by 245% from its lowest point this year. Total deposits on its platform have soared to $10 billion. Technical indicators suggest further gains are possible this year. The Morpho (MORPHO) token reached a peak of $2.8567, representing an increase of over 245% from its March low. Its market capitalization has risen to $867 million, with a 24-hour volume increase of 24%. The surge in Morpho’s price is attributed to persistent demand for its offerings. As…
BlackRock, the largest asset management firm globally, has recently engaged in a significant Bitcoin-selling trend this week, sparking a series of sell-offs. These transactions were prompted by the outflows observed from its BTC ETF. BlackRock Offloads Approximately $500 Million In Bitcoin Data from Arkham indicates that BlackRock has liquidated about $500 million in Bitcoin this week, with the assets sent to Coinbase, suggesting a plan to sell these coins. These transactions followed the outflows from its iShares Bitcoin ETF, which has been a trend throughout the week. Related Reading SoSo Value data reveals that BlackRock’s Bitcoin ETF recorded its first…
XRP remains below $3 as the Federal Reserve maintains a hawkish stance, resulting in $300M in profit-taking since midweek. Remittix presale surpasses $20.7M; wallet beta supports over 40 cryptocurrencies and more than 30 fiat currencies. Investors are redirecting their attention to Remittix for real-world PayFi applications and scalable international transactions. Under pressure, XRP trades beneath the $3 threshold as hawkish signals from the Federal Reserve create caution among investors. Profit-taking has surged, with over $300 million realized since midweek, indicating a possible slowdown in XRP’s near-term momentum. Meanwhile, Remittix (RTX) is gradually gaining traction as a utility-focused payment token, presenting…
Summary Aubrey Cottle, known as Kirtaner, is leading a Solana “movement coin” to honor Anonymous, the hacker group he founded. The token’s fees will support Cottle’s legal efforts, purchase tokens for Anonymous members, and possibly fund scholarships for young hackers. He faces five years in prison due to alleged involvement in a 2021 data breach of the Republican Party of Texas. “We are Anonymous. We are Legion. We do not forgive. We do not forget. Expect us.”The motto of the infamous hacktivist group Anonymous has marked some of the most notable hacks, targeting various organizations including the Westboro Baptist Church…