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.
Amid this week’s market decline, some analysts foresee that incorporating digital assets into US 401(k) retirement plans could unleash billions of dollars in new investments by autumn, potentially propelling Bitcoin to unprecedented levels.This optimistic outlook might elevate Bitcoin (BTC) above $200,000 before the year’s end, suggesting an influx of another $122 billion in new funds with a modest 1% portfolio allocation, according to André Dragosch, head of European research at crypto asset manager Bitwise, as stated to Cointelegraph.Corporations continue to engage in Bitcoin treasury acquisitions, welcoming new players such as KindlyMD, a Nasdaq-listed healthcare service provider and Bitcoin treasury firm,…
In light of this week’s market decline, some analysts are optimistic that incorporating digital assets into US 401(k) retirement plans could release billions in new investments by the fall, potentially propelling Bitcoin to unprecedented levels.This promising trend may elevate Bitcoin (BTC) past $200,000 before the year concludes, suggesting an influx of $122 billion in new capital with just a 1% allocation in portfolios, according to André Dragosch, head of European research at crypto asset manager Bitwise, as mentioned in a Cointelegraph report.Corporate Bitcoin treasury purchases are also drawing new players, such as KindlyMD, a Nasdaq-listed healthcare service provider and Bitcoin…
In light of this week’s market decline, certain analysts forecast that integrating digital assets into US 401(k) retirement plans could result in billions of dollars in new inflows by autumn, possibly propelling Bitcoin to unprecedented heights.This optimistic trend could elevate Bitcoin (BTC) above $200,000 by year-end, hinting at an influx of another $122 billion in new capital, based on a conservative 1% portfolio allocation, André Dragosch, head of European research at crypto asset management firm Bitwise, shared with Cointelegraph.Corporate acquisitions of Bitcoin treasuries continue to draw new players, including KindlyMD, a Nasdaq-listed healthcare provider and Bitcoin treasury firm, which made…
Chainlink’s (LINK) native token from Oracle network made a strong comeback alongside the wider crypto market after Federal Reserve Chair Jerome Powell’s dovish comments in Jackson Hole, Wyoming.LINK surged 12% in the past 24 hours, reaching $27.8, its highest price since December. Bitcoin (BTC) rose by 3.5% during the same timeframe, while the broader CoinDesk 20 index increased by 6.5%.In protocol-specific developments, Chainlink secured two significant security certifications this week: ISO 27001 and a SOC 2 Type 1 attestation, marking a first for a blockchain oracle platform. The audits, conducted by Deloitte, examined Chainlink’s price feeds, proof-of-reserve services, and the…
Bitcoin is currently at a crucial level after losing momentum from the $120,000 mark and experiencing increased volatility. The price is now testing the $112,000 support level, which is critical for bulls to defend to prevent further bearish pressure. While the overall trend remains positive in the long term, the short-term perspective has shifted toward weakness, with momentum indicators indicating a downward bias. Related Reading Analysts view this moment as a potential turning point for the market. A robust defense of current levels could restore sentiment and allow Bitcoin to consolidate before making another attempt to breakout. Conversely, failing to…
Key takeaways:ETH jumped 13% on Friday after Federal Reserve Chair Jerome Powell’s dovish remarks at Jackson Hole suggested a possible interest rate reduction in September.Onchain and technical indicators indicate that Ether could reach $6,000 in the near term.Ether’s (ETH) price showed resilience at the Wall Street open on Friday, climbing 13% to $4,788 following Jerome Powell’s Jackson Hole address.ETH quickly rose from $4,200, regaining $4,600, a level that had capped the price for the past week, according to data from Cointelegraph Markets Pro and TradingView.ETH/USD weekly chart. Source: Cointelegraph/TradingViewThis positive movement follows Powell’s remarks, hinting at a potential interest rate…
According to reports from CryptoQuant, large investors are actively accumulating assets while smaller investors are exiting the market. Related Reading In the last week, wallets associated with major Bitcoin players have acquired over 16,000 BTC amid a price drop. Meanwhile, retail investors have been selling into market weaknesses, incurring losses and widening the gap between large holders and smaller traders. Analysts interpret this as a potential signal that the market may be nearing a local bottom. Seasonal Pressure and Federal Reserve Expectations The timing of these actions complicates the situation. Historically, September has not favored market performance. Data from the…
Bitcoin rises 2% to $114,200 after comments. Ether bounces back 8% after a 12% drop. US stocks increase 1%, yields fall to 4.27%, gold up 0.6%. Federal Reserve Chair Jerome Powell changed the market narrative on Friday by indicating that a September rate cut is actively being considered, swiftly altering expectations in global financial markets. In his address at the Kansas City Fed’s Economic Symposium in Jackson Hole, Powell pointed out that downside risks to employment are increasing and could manifest as layoffs and rising unemployment. This tonal shift triggered immediate reactions in both traditional and digital markets, with Bitcoin,…
In brief Chipotle is set to introduce drone delivery through Zipline. The pilot will occur in Rowlett, Texas, a suburb of Dallas. Expect to wait for flying burritos in busier areas for a while. Your hefty triple steak, double rice, extra queso meal is ready for takeoff.At least in one Texas town: Chipotle has announced a partnership with Zipline, a drone delivery firm, to bring orders directly to customers in the Dallas region. The pilot program, “Zipotle,” begins this week with select early adopters, followed by a broader launch in the upcoming weeks.Residents of Rowlett, Texas can place Chipotle orders…
Coinbase, currently the third-largest cryptocurrency exchange globally by volume, is facing numerous threats from North Korean hackers looking for remote job opportunities with the firm.These North Korean IT workers are increasingly targeting Coinbase’s remote work policy to breach its sensitive systems.In light of this, Coinbase CEO Brian Armstrong is reevaluating the exchange’s security protocols, which now include mandatory in-person training for all employees in the US. Additionally, individuals accessing sensitive systems must be US citizens and undergo fingerprinting.“DPRK is very interested in stealing crypto,” Armstrong mentioned during an episode of the Cheeky Pint podcast with host John Collins. “We can…