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.
Hyperliquid has reached the pinnacle of revenue per employee worldwide, at $106 million, outpacing conventional technology leaders and the former record holder, Tether Limited.This revenue-per-employee statistic places Hyperliquid far ahead of established tech firms. Data compiled by Hyperliquid France indicates Tether in second place with $93 million per employee, while OnlyFans is third at $37.6 million. The decentralized derivatives exchange operates with merely 11 core team members, as CEO and co-founder Jeff Yan confirmed in a recent discussion. This lean workforce generates an annualized revenue of $1.167 billion, based on DefiLlama estimations as of Aug. 20. Traditional technology giants are significantly…
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Kraken, the cryptocurrency exchange, has acquired the Israeli startup Capitalise.ai, a platform for no-code trading automation that transforms natural-language commands into actionable strategies, for an undisclosed sum. This technology is set to be integrated into Kraken Pro later this year, as detailed in a blog post from Kraken dated August 20.Founded in 2015, Capitalise.ai developed a platform that interprets common text into strategies, facilitating execution in equities, cryptocurrencies, foreign exchange, futures, and options. Once integrated, Kraken Pro users will have the capability to create, backtest, and automate trades across both digital and traditional markets without coding.“This acquisition provides Kraken Pro…
Dogecoin might reach $2; however, $10 is unlikely due to supply and market cap constraints. Pepeto provides real utility with no-fee trading, cross-chain features, and staking benefits. With a presale price of $0.000000148, Pepeto presents significant potential as interest shifts to meme coins in 2025. The meme coin market is heating up, with Dogecoin (DOGE) and Pepeto (PEPETO) at the forefront. Dogecoin is climbing again as traders speculate about a possible surge towards $10. Meanwhile, Pepeto’s presale is gaining traction with its low price, strong community support, and unique utilities. As Bitcoin and Ethereum reach new highs and profits flow…
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xStocks, the tokenized U.S. equities created by Backed, have exceeded $2 billion in trading volume just six weeks after their debut on Solana. Summary Since their launch, Backed’s xStocks on Solana have accumulated $2.1B in total trading volume. xStocks are SPL tokens that signify fractional ownership of real U.S. stocks and ETFs, fully backed 1:1 by actual shares. Available globally 24/7 through CEXs (Kraken, Bybit), wallets (Phantom, Solflare), and on-chain platforms (Raydium, Jupiter, Kamino) with complete self-custody and DeFi integration. A recent case study by Solana Foundation reveals that xStocks—the tokenized U.S. equities launched by Backed on Solana (SOL)—have gained…
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Summary xStocks, a feature enabling users to trade tokenized shares of companies like Nvidia, Apple, and Meta, is now launching on Tron. These tokenized equities are 1:1 backed by actual shares of the underlying companies. To date, xStocks have generated over $500 million in on-chain trading volume. Tokenized versions of Tesla, Nvidia, Apple, and other major stocks can now be traded on the Tron network, thanks to a partnership among Tron DAO, Kraken, and Backed. This feature provides global investors with access to tokenized stocks. The expansion follows xStocks surpassing $500 million in on-chain trading volume to date, according to…
Multiple cryptocurrency and blockchain associations advocating for the sector are urging the “prompt confirmation” of Brian Quintenz as chair of the US Commodity Futures Trading Commission (CFTC).In a letter addressed to US President Donald Trump on Wednesday, representatives from various crypto organizations reiterated their backing for Quintenz’s confirmation in the Senate after his nomination by the president.Among the signatories were the Crypto Council for Innovation, Blockchain Association, Decentralization Research Center, DeFi Education Fund, The Digital Chamber, Satoshi Action Fund, and Solana Policy Institute.The advocacy groups contended that Quintenz is “exceptionally well-suited” to lead the CFTC, thanks to his knowledge and…
Summary Bitcoin and Ethereum experienced a brief decline before rebounding as Fed minutes clarified why two governors supported an interest rate cut at the July meeting. BTC was trading over $114,250 while ETH was just below $4,350 after the release of the minutes. Fed Governors Waller and Bowman expressed dissent, marking the first such occurrence since 1993. Bitcoin and Ethereum faced a temporary dip but regained traction following the Federal Reserve’s release of minutes from their July monetary policy meeting, revealing that the dissenting governors on the Federal Open Markets Committee (FOMC) failed to gather additional support.”A few members opted…