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.
Cardano experiences an 8.6% drop today but remains up 147% year-over-year, targeting $1.36 if confidence increases. Ethereum records $2.87 billion in inflows, making up 77% of crypto investments, as DBS introduces tokenized notes. Remittix sold 612 million tokens at $0.0969, raising $20.6 million and securing a listing on BitMart. The debate around smart contract platforms has been largely influenced by Ethereum and increasingly by Cardano. Investors frequently compare the two, assessing ADA’s staking mechanisms and upgrades against Ethereum’s institutional investment and established Web3 status. 2025 has brought a surprise. Remittix, the emerging player, is proving that execution and practical utility…
Key takeaways:ETH jumped 13% on Friday following Federal Reserve Chair Jerome Powell’s dovish Jackson Hole speech, which suggested a potential interest rate cut in September.Onchain and technical indicators indicate Ether could reach $6,000 in the near term.Ether’s (ETH) price showed resilience at the Wall Street open on Friday, soaring 13% to $4,788 after Federal Reserve Chair Jerome Powell’s address at Jackson Hole.ETH price surged from $4,200 in mere minutes, reclaiming the $4,600 mark, a level that had capped the price over the previous week, according to data from Cointelegraph Markets Pro and TradingView.ETH/USD weekly chart. Source: Cointelegraph/TradingViewThis uptick followed Powell’s…
US Federal Reserve Governor Christopher Waller reassured his colleagues and the private banking industry that there’s “nothing to be afraid of” regarding crypto payments existing outside the conventional banking framework.“There is nothing frightening about this just because it takes place in the decentralized finance or DeFi space — this is merely new technology for transferring assets and documenting transactions,” he stated during a presentation at the Wyoming Blockchain Symposium 2025 on Wednesday.Utilizing innovative technology to create new payment services isn’t a “novel concept,” Waller remarked as he urged policymakers and the private banking sector to collaborate on crypto payment infrastructure.…
Key Points OpenAI issues subpoenas to Meta regarding Elon Musk’s $97B acquisition bid for ChatGPT Meta refutes any negotiations or agreements with Musk or xAI Lawsuit underscores escalating competition in AI between OpenAI and Meta OpenAI has issued subpoenas to Meta in connection with Elon Musk’s proposed $97 billion acquisition of the ChatGPT developer. OpenAI sues Meta regarding Elon Musk’s acquisition bid. Source: courtlistener According to OpenAI (along with Sam Altman), Meta, or even CEO Mark Zuckerberg himself might have engaged in unofficial communications with Elon Musk and his AI startup xAI regarding potential discussions on acquiring or investing in…
Kanye West’s YZY token has become one of the most talked-about developments in the crypto market this year. The effects have prominently impacted Solana’s decentralized exchange (DEX) ecosystem. Meteora in the Limelight According to DeFiLlama data, the introduction of YZY infused significant liquidity and speculative excitement into Solana, leading Meteora, an emerging DEX, to achieve an astounding $1.182 billion in trading volume on August 21st. Consequently, Meteora surpassed long-time frontrunner Raydium as the most active Solana-based exchange. This achievement wasn’t solely about volume; Meteora also accumulated $16.05 million in fees during the same timeframe, ranking second only to Tether in…
Key takeaways:Bitcoin increased by 5% to $117,300 after Federal Reserve Chair Jerome Powell indicated a possible interest rate cut, resulting in $379.88 million worth of short positions liquidated.Analysts believe the BTC “uptrend is back,” with a chance to reach $200,000 by year’s end.Bitcoin (BTC) surpassed the ask liquidity above $117,000 on Friday following comments from Federal Reserve Chair Jerome Powell about a potential interest rate cut in September during his Jackson Hole speech.BTC’s price rose over 4% to a daily high of $117,300 on Bitstamp from a low of $111,600 over the past six weeks.BTC/USD hourly chart. Source: Cointelegraph/TradingViewAccording to…
An Illinois judge has approved a motion to pause proceedings in a lawsuit against cryptocurrency exchange Coinbase while awaiting a ruling from the appellate court.In a filing on Thursday at the US District Court for the Northern District of Illinois Eastern Division, Judge Sharon Johnson Coleman granted a motion by Coinbase to pause a lawsuit concerning alleged breaches of the state’s Biometric Information Privacy Act.This motion requested a delay until the US Court of Appeals for the Seventh Circuit rules on a case involving Nuance Communications, which provides voice identification technology for Charles Schwab — a decision that could influence…
Today, August 22, the cryptocurrency market is experiencing a decline as sentiment diminishes and traders anticipate Federal Reserve Chair Jerome Powell’s upcoming speech at the Jackson Hole Symposium. Summary The cryptocurrency market is down as investors await Jerome Powell’s address at Jackson Hole. Bitcoin and Ethereum ETFs faced significant outflows this week. BTC price has formed a double-top pattern on the daily chart. Bitcoin (BTC) has fallen to a critical support level of $112,000, marking a 10% decline from its peak this year. Other cryptocurrencies including Fartcoin (FARTCOIN), Sky (SKY), and Chainlink (LINK) have also seen drops exceeding 5%, while…
The US dollar-pegged stablecoin market is anticipated to expand to $1.2 trillion by 2028, driven by in-depth crypto regulations in the United States, as per a report from crypto exchange Coinbase.According to Coinbase stated, this growth means the US Treasury would need to issue $5.3 billion weekly over the next three years to meet the demands of stablecoin issuers, who utilize short-term US Treasury bills as collateral for their digital fiat tokens.Projected stablecoin market cap by 2028. Source: CoinbaseThis schedule would likely result in a small, temporary decrease in three-month Treasury yields of approximately 4.5 basis points (BPS), which contradicts…
Key HighlightsCoinbase halts remote onboarding following hacker infiltration attemptsNew employees are required to attend in-person orientation and undergo fingerprinting in the U.S.FBI confirms instances of fake interviews, bribes, and deepfakes associated with North KoreaRevised Policies, Genuine Threats: The Shift Away from Remote Work at CoinbaseCoinbase CEO Brian Armstrong has officially announced modifications to the hiring process, ending remote onboarding and instituting new security measures. This decision follows several infiltration occurrences involving North Korean IT personnel attempting to breach the exchange’s critical infrastructure.“It seems there are 500 new graduates entering the workforce every quarter, and that’s their only job,” Armstrong stated…