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.
Kenneth Rogoff spoke, and the Bitcoin hornet’s nest stirred. When the renowned Harvard economist and former chief economist at the IMF publicly admitted he was mistaken about Bitcoin, he didn’t do it gracefully; rather, he doubled down. The issue wasn’t that his 2018 prediction of Bitcoin’s imminent collapse was incorrect; it was Trump’s crypto regulation was helpful, contrary to the needed crackdown Bitcoin was shockingly adopted and used by criminals, and Trump “brazenly holds hundreds of millions … of dollars in cryptocurrencies seemingly without consequence.” Can you believe the willful ignorance? Scooby-Doo called, wanting his villains back (“I would have…
Summary Tether, the stablecoin issuer, has designated Bo Hines, former crypto advisor to the Trump administration, as a strategic advisor. Hines concluded his tenure as President Trump’s crypto advisor last week, during which he helped formulate the pivotal GENIUS Act. In this new role, Hines will assist Tether in “shaping and executing the company’s entry into the U.S. market.” Tether has appointed Bo Hines, who recently exited his role as President Trump’s crypto advisor, as its strategic advisor for digital assets and U.S. strategy on Tuesday.A press release from Tether stated that Hines will work alongside the company’s leadership to…
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Opinion by: Nicholas Krapels, head of research and development at MantraBy 2035, the real-world asset (RWA) market is projected to exceed $60 trillion, with green RWAs poised to emerge as a vital subsector in this global onchain movement.Currently, tokenized green assets constitute less than 1% of total climate assets and a similarly trivial portion of RWAs, which are primarily tokenized treasuries.Nevertheless, with the total value of green assets expected to rise and the rate of tokenization accelerating, the green RWA market presents an overlooked growth opportunity.Platforms are emerging to tokenize billions in green creditsUpcoming stringent EU regulatory frameworks are anticipated…
Summary Recently, Dogecoin whales have amassed 300M DOGE tokens while short-term investors are liquidating their holdings at a loss. Investors who acquired the dog-themed cryptocurrency over the last month have a profitability rate of around 9% following a recent market correction. Analysts believe this situation represents a strategic transfer of wealth from less stable investors to those with a long-term outlook, potentially positive for the future. On-chain analytics show that Dogecoin whales are capitalizing on discount prices as short-term holders exit the market during significant developments and price fluctuations.This behavioral shift coincides with several noteworthy events, including a recent filing…
Brazil’s lawmakers are set to conduct a hearing on the possible addition of Bitcoin to the country’s sovereign reserves. Summary The Chamber of Deputies in Brazil is holding a hearing to consider Bitcoin as a reserve asset The Economic Development Committee will invite experts from government, banking, and other sectors Brazil might soon join the ranks of nations that incorporate Bitcoin (BTC) as a reserve asset. On August 20, the Economic Development Committee of the Chamber of Deputies will discuss the potential establishment of a sovereign Bitcoin strategic reserve. Representative Luiz Philippe de Orleans e Bragança has initiated the discussion…
China is considering yuan-backed stablecoins for the first time, with the State Council poised to review a framework on currency internationalization and stablecoin implementation later this month, as reported by Reuters.This plan aims to delineate regulatory roles, establish risk management protocols, and assign the People’s Bank of China the task of implementation, while pilot projects are likely to take place in Hong Kong and Shanghai, per Reuters.This shift marks a departure from China’s 2021 ban on crypto trading and mining, aligning with a broader goal to enhance the yuan’s status in cross-border payments, particularly as dollar stablecoins currently dominate the…
Cryptocurrency investors were preparing for the US Federal Reserve’s annual conference in Jackson Hole on Friday, where Chair Jerome Powell’s statements could signal key insights regarding interest rate policy ahead of September’s Federal Open Market Committee meeting.Bitcoin (BTC) briefly dropped to $112,565 on Wednesday, the lowest it has been in two weeks since Aug. 3, as reported by Cointelegraph.The decline of Bitcoin below $113,000 highlighted “increasing anxiety in the market,” with macroeconomic uncertainties regarding Powell’s address triggering “fear spikes” among digital asset traders, as noted by Ryan Lee, chief analyst at Bitget exchange.“Allowing the narratives to stabilize and liquidity to…
Investors in cryptocurrency are preparing for the US Federal Reserve’s annual meeting in Jackson Hole on Friday, as Chair Jerome Powell’s comments could provide crucial insights on interest rate policy ahead of September’s Federal Open Market Committee meeting.On Wednesday, Bitcoin (BTC) momentarily dipped to $112,565, a low not seen since August 3, according to Cointelegraph data.The drop below $113,000 reflects “growing anxiety in the market” as macroeconomic concerns surrounding Powell’s address have created “fear spikes” among traders of digital assets, stated Ryan Lee, chief analyst at Bitget exchange.“Allowing the narratives to stabilize and liquidity to return might create an opportunity…
Cryptocurrency investors are preparing for the US Federal Reserve’s annual conference in Jackson Hole this Friday, where Chair Jerome Powell’s statements could signal interest rate policy ahead of September’s Federal Open Market Committee meeting.Bitcoin (BTC) briefly dropped to $112,565 on Wednesday, marking a two-week low last seen on Aug. 3, as per Cointelegraph data.The dip below $113,000 indicated “increasing anxiety in the market” as macroeconomic uncertainties surrounding Powell’s address were triggering “fear spikes” among digital asset traders, noted Ryan Lee, chief analyst at Bitget exchange.“Allowing the narratives to settle and liquidity to return might open a path for a rebound,”…