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.
JACKSON HOLE, Wyo. — Despite increasing bipartisan initiatives to bring clear regulations to the digital asset sector, a significant obstacle hindering legislation in the U.S. is the involvement of President Donald Trump and his family in the industry, according to Rep. Angie Craig (D-Minn.)“It’s clear that our side would prefer not to have any sitting President — I won’t name names — engaging in this market unless those assets are placed in a sealed trust,” Craig stated at the SALT conference in Jackson Hole on Wednesday.Trump and his family, notably Eric Trump, who was present during Craig’s remarks, have established…
A decentralized finance (DeFi) investor in Spain faces a bill of 9 million euros ($10.5 million) due to back taxes linked to a crypto-backed loan, as reported by local media.In a Thursday report, Periodista Digital noted that the investor had already reported all cryptocurrency transactions and paid $5.84 million in taxes.Three years later, authorities issued an additional bill based not on undeclared gains, but on the act of depositing assets into a DeFi protocol for a loan. The assets remained unsold, and no profit was realized, according to the report.A tax adviser mentioned in the report remarked that the local…
Following a record-setting peak of $124,474 on Binance on August 13, Bitcoin (BTC) has fallen to around $113,000, with significant support expected near $110,000. Analysts caution that further declines could be imminent for the leading cryptocurrency. Could Bitcoin Decline Further? Overcrowded Long Position Signals As highlighted in a CryptoQuant Quicktake piece by contributor XWIN Research Japan, Bitcoin open interest across all exchanges has exceeded $40 billion, approaching ATH levels. This increase indicates that both whales and short-term traders are entering leveraged positions in large numbers. Related Reading The chart below illustrates the recent surge in BTC open interest, currently around…
Summary Federal Reserve Governor Christopher Waller stated that stablecoins could enhance retail and cross-border transactions. He recognized the apprehensions and doubts surrounding innovations in payment systems. According to him, the Fed is exploring the concept of tokenization. Federal Reserve Governor Christopher Waller mentioned that using cryptocurrencies for regular payments should feel just as simple as swiping a debit card, as he stated on Tuesday. “There’s nothing to fear when considering the use of smart contracts, tokenization, or distributed ledgers for daily transactions,” he expressed during his speech at the Wyoming Blockchain Symposium in Teton Village, Wyoming. “This represents merely new…
Summary Bitdeer, listed on Nasdaq, reported earnings this week—showing reduced profits but rising revenue. The company remains focused on expanding its operations. They do not plan to shift to a treasury strategy at this time. Bitcoin mining is currently facing obstacles as costs rise, rewards decline, and the overall economic conditions become more unpredictable. However, Bitdeer (BTDR) has expressed its commitment to expansion in the upcoming months, according to a report from Decrypt.The company plans to build new rigs and invest in U.S. resources, as noted by Bitdeer’s CFA Jeff LaBerge in an interview with Decrypt, despite a decline in…
Key takeaways:The futures premium for Ether and its derivatives remain steady, showcasing resilience despite the recent price decline.Onchain metrics emphasize Ethereum’s leading position in fees and total value locked (TVL), indicating stronger long-term recovery prospects.Ether (ETH) seems to have found support around $4,070 on Wednesday following a sharp six-day drop of 15.1%. This decline wiped out $817 million in bullish leveraged positions but did not trigger a significant bearish market shift. Instead, the behavior of ETH derivatives suggests that traders remain optimistic about avoiding further downside, indicating that $4,700 is still a feasible target.ETH 6-month futures annualized premium. Source: laevitas.chThe…
A US judge has released $57.6 million in USDC (USDC) stablecoins linked to the Libra token controversy from February, allowing memecoin promoter Hayden Davis and former CEO of the Meteora decentralized exchange, Ben Chow, to access the funds.US judge Jennifer L. Rochon had frozen the assets in May during a class-action lawsuit hearing involving Davis, Chow, blockchain infrastructure firm KIP Protocol, and KIP’s co-founder, Julian Peh.The judge stated that the defendants failed to prove “irreparable” harm as the funds to compensate victims were still available, and they did not attempt to relocate the frozen assets, according to Law360.In July, Davis…
On Wednesday, cryptocurrency exchange Kraken and tokenization platform Backed Finance revealed their plan to expand xStocks, a tokenized stock product, to the Tron blockchain. This decision coincides with the rising trend of real-world asset (RWA) tokenization, particularly in the stock market.The announcement stated that Backed will issue the stocks as TRC-20 tokens. Previously, Kraken and Backed introduced xStocks on Solana and BNB Chain. Since its launch in late June 2025, xStocks has achieved over $2.5 billion in total volume across DEX and CEX platforms, as per a blog post from Kraken.“The growing enthusiasm for the RWA sector signals increased institutional…
A US judge has reactivated $57.6 million in USDC (USDC) stablecoins linked to the Libra token scandal as of February, allowing memecoin promoter Hayden Davis and former CEO of the Meteora decentralized exchange Ben Chow to access the funds.Judge Jennifer L. Rochon had previously frozen the funds in May during a hearing for a class-action lawsuit against Davis, Chow, blockchain infrastructure firm KIP Protocol, and KIP’s co-founder, Julian Peh.According to Law360, the Judge stated that the defendants did not prove “irreparable” harm since funds for victim reimbursement are still accessible, and the defendants have not attempted to move the frozen…
Summary A judge has ordered the unfreezing of $57.6 million in USDC linked to the Libra meme coin controversy. This decision comes after the launch of the Libra meme coin in February, backed by Argentine President Javier Milei, which plummeted shortly after debuting. The judge expressed doubts about the plaintiffs’ chances of winning their case against Hayden Davis and Ben Chow. Assets linked to the infamous Libra token—introduced in February with support from Argentine President Javier Milei—were unfrozen by a Manhattan federal judge on Tuesday. The judge indicated that she no longer believes the defendants would abscond with the funds,…