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.
Key points:Bitcoin’s decline has led to net outflows from BTC ETFs on Tuesday, but it is anticipated that buyers will enter to halt the drop near $110,530.Ether bulls are attempting to convert the $4,094 level into support, revealing a bullish sentiment.Bitcoin (BTC) is trying to recover from the immediate support around $112,000; however, higher prices may draw sellers. BTC’s downturn has resulted in net outflows of $523.3 million from US spot BTC exchange-traded funds on Tuesday, according to data from Farside Investors. This indicates that institutional investors are becoming cautious in the short term.Blockchain analytics firm Santiment mentioned in a…
Gemini, the cryptocurrency exchange, has obtained a Markets in Crypto-Assets Regulation (MiCA) license in Malta, facilitating the firm’s ongoing growth in Europe.The exchange, owned by Cameron and Tyler Winklevoss, received the MiCA license from the Malta Financial Services Authority on Wednesday, according to official records from the MFSA.“This approval is a significant milestone in our regulated European expansion, enabling us to enhance our secure and reliable crypto offerings for customers across more than 30 European countries and jurisdictions,” Gemini stated in a release shared with Cointelegraph.This regulatory achievement followed Gemini’s recent filing to list its Class A common stock on…
A prominent Bitcoin whale, who has held onto their Bitcoin for seven years, recently sold part of their holdings to initiate a long position in Ether (ETH), aligning with a trend of Bitcoin whales expanding into Ethereum.This original whale sold 670 Bitcoin (BTC) for $76 million on Wednesday, reallocating those funds to establish four positions totaling 68,130 ETH, as reported by Lookonchain in a post on X on Thursday.Prior to this sale, the whale possessed 14,837 Bitcoin valued at over $1.6 billion, accumulated through purchases from crypto exchanges Binance and HTX over the past seven years.This transaction occurred just a…
Key points: Bitcoin’s recent decline has led to net outflows from BTC ETFs on Tuesday, but buyers are expected to intervene and stabilize prices around $110,530. Ether bulls are attempting to convert the $4,094 level into support, reflecting a positive outlook. Bitcoin (BTC) is trying to recover from immediate support near $112,000, but higher price points may trigger selling. BTC’s decline caused net outflows of $523.3 million from US spot BTC exchange-traded funds on Tuesday, according to Farside Investors data, indicating that institutional investors are becoming cautious in the short term. Blockchain analytics firm Santiment noted in a post on…
A seasoned Bitcoin holder liquidated their entire position this week to invest nearly $300 million in Ether.This individual sold 550 Bitcoin (BTC), totaling around $62 million, after holding the asset for seven years.After executing the sale on the decentralized exchange Hyperliquid, they initiated a $282 million long position on Ether (ETH) across three different accounts, as reported by a pseudonymous on-chain analyst, MLM.“Either he received some incredibly bullish insider news, or he’s just taking a gamble. The execution appeared disorganized and rushed,” commented the on-chain investigator in a Wednesday X post.Wallet “0x2ea.” Source: HypurrscanTraders often monitor substantial moves to assess…
Wormhole has entered the bidding arena for the bridging service Stargate, promising a bid that exceeds LayerZero’s initial $110 million token-swap offer. They are requesting a delay in the Snapshot vote to allow the community to consider their proposal. The figures behind Stargate illustrate the appeal. The bridge processed $4 billion in July, boasts a total value locked (TVL) of $345 million, and has a treasury of $92 million in stablecoins and ether, along with $55 million in STG and other assets. The annual revenue sits around $2 million. “From our preliminary assessment, we believe that STG holders are entitled…
A long-term Bitcoin holder liquidated their entire holdings this week to invest nearly $300 million in Ether.The investor sold 550 Bitcoin (BTC), valued at around $62 million, after holding the cryptocurrency for seven years.Following the sale of their Bitcoin on the decentralized exchange Hyperliquid, they established a long position in Ether (ETH) worth $282 million through three different accounts, according to pseudonymous on-chain analyst MLM.“Either he received some incredible bullish insider information, or he’s just speculating. The execution appeared hasty and disorganized,” the on-chain analyst commented in a Wednesday X post.Wallet “0x2ea.” Source: HypurrscanTraders often monitor large movements to gauge…
Arthur Hayes, co-founder of BitMEX and a Bitcoin billionaire, has secured a board position and significant shares in a stem cell company following his pardon in March by former President Trump, which eliminated his conviction related to Bank Secrecy Act violations.Hayes turned BitMEX into a leading derivatives exchange before it faced regulatory challenges. He has frequented this stem cell company’s clinics in Mexico and Bangkok for over a year, as he revealed to Bloomberg.“I want to live as long as possible, as healthily as possible,” Hayes stated, highlighting the trend of more countries easing restrictions on stem cell usage. The…
Bitcoin is currently facing a critical situation after dropping below $114,000, with selling pressure intensifying. This decline follows a surge to new all-time highs, and consistent with past patterns, Bitcoin appears to be testing earlier support levels on its trajectory. Nevertheless, as the price encounters difficulties, crypto analyst Xanrox warns of a potential crash, advising caution to investors considering BTC. Bitcoin Displays Signs of Impending Crash In his analysis, Xanrox highlighted that Bitcoin’s price is positioned for a short-term crash. This prediction is based on an unfilled Fair Value Gap (FVG), suggesting the price is retracting toward this level for…
Arthur Hayes, co-founder of BitMEX and a Bitcoin billionaire, has secured a board position and significant investment in a stem cell company following his pardon from US President Donald Trump in March, clearing his record of Bank Secrecy Act violations.Hayes has been a frequent patient at the clinics of the stem cell firm in Mexico and Bangkok for over a year, as he informed Bloomberg.“I aim to live as long and as healthily as possible,” Hayes remarked, highlighting the trend of more countries easing regulations on stem cell applications. The name of the rebranding company was not disclosed.In March, Trump…