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.
Valantis has taken a decisive step in the liquid staking market with its acquisition of stHYPE, the second-largest staking protocol on Hyperliquid’s HyperEVM. Summary Valantis acquired stHYPE, the second-largest liquid staking token on Hyperliquid. The deal integrates stHYPE with Valantis’ DEX, targeting deeper liquidity and modular yield features. Competition with kHYPE sets the stage for an expanding liquid staking market. Announced on Aug. 19, the deal unifies stHYPE under the Valantis ecosystem. It sets the stage for expanded yield opportunities, deeper liquidity, and a stronger roadmap for Hyperliquid’s (HYPE) decentralized finance environment. Integration and roadmap Following the acquisition, Valantis takes…
Brazil’s Chamber of Deputies Economic Development Commission will hold its first hearing on Aug. 20 to examine a proposal to establish a Bitcoin Strategic Reserve (RESBit) worth up to $18.6 billion.As Agência Câmara de Notícias reported, the 3 P.M. ET session will gather technical perspectives on Bill 4501/24, which seeks to modernize Brazil’s treasury management and enhance competitiveness in the global digital economy.Deputy Luiz Philippe de Orleans e Bragança requested the hearing to collect expert analysis from government agencies and financial institutions regarding the RESBit proposal.The legislation aims to diversify Brazil’s Treasury assets and protect international reserves against exchange rate…
Retail crypto traders have seemingly flipped bearish after Bitcoin failed to pick itself up from a recent dip below $113,000, clocking a 17-day low.“Retail traders have done a complete 180 after Bitcoin failed to rally and dipped below $113,000,” said analysts at blockchain analytics firm Santiment on Wednesday.Santiment also reported that the past 24 hours have marked “the most bearish sentiment seen on social media” since June 22, when fears of war in the Middle East caused a cascade of panic sells.However, Santiment said negative social sentiment is a good thing for dip buyers, especially when there is “blood in…
Bitcoin and ether (ETH) traders booked profits over the past 24 hours after the assets hit record highs, while macro headwinds and elevated leverage added pressure across major tokens.Bitcoin fell back to $113,500, down more than 1.5% on the day. Some analysts warned of the fragility of the market structure, with bitcoin slipping below key trendlines that had supported its rally.“Bitcoin fell to $114,700, rolling back to levels seen two weeks ago and below the medium-term trend line, which is a 50-day moving average. This dynamic reinforces fears of a deeper correction, which could affect the entire crypto market, potentially…
In brief Ethereum’s $4 billion supply unlock comes as validators are set to exit in September. Investors remain flat as they await Friday’s Jackson Hole meeting and Powell’s direction for the September rate cut decision. Ethereum’s declining network activity aligns with a broad de-risking sentiment seen across crypto and equity markets. Ethereum faces mounting macroeconomic uncertainty ahead of a major staking supply unlock that could add additional headwinds to an already fragile crypto market.The second-largest cryptocurrency by market capitalization has shed 4.5% from its Tuesday high of $4,350 to $4,150, marking a near two-week low, CoinGecko data shows.The move aligns…
Valantis, a decentralized exchange (DEX) protocol, has acquired Staked Hype (stHYPE), the second-largest liquid staking token (LST) on Hyperliquid. Financial terms of the deal were not disclosed.stHYPE, which launched as the first LST on HyperEVM, currently holds about $180 million in total value locked (TVL), according to the stHYPE website.Following the deal, stHYPE’s operations, development, and scaling will be managed by Valantis Labs. Addison Spiegel, founder of Thunderhead, the team behind stHYPE, will serve as an advisor to Valantis.Liquid staking has become a central pillar within Hyperliquid’s ecosystem. According to DeFiLlama, liquid staking accounts for more than half of Hyperliquid…
At a blockchain event in Wyoming, Bowman argued that current restrictions on Fed employees and their spouses that were introduced in 2022, limit expertise and discourage talent from joining the central bank. She compared the situation to “learning a sport from someone who’s never played,” and believes that real-world experience is crucial as the Fed develops a supervisory framework for digital asset issuers. Her comments were made alongside the debut of the American Innovation Project, a new nonprofit backed by major crypto players to encourage bipartisan dialogue between policymakers and the digital asset industry.Fed Staff to Needs Hands On Crypto…
SoFi Technologies (SOFI) will soon allow remittance payments on top of the Bitcoin layer-2 Lightning Network through a partnership with Lightspark, aiming to bring real-time international money transfers to its members.The San Francisco-based fintech firm will integrate Lightspark’s Universal Money Address (UMA), which runs on Bitcoin’s Lightning Network, to facilitate near-instant cross-border payments, SoFi announced on Tuesday.Lightning is a layer-2 network designed to help fulfill Bitcoin’s original vision of becoming global, peer-to-peer digital cash. By creating a network of off-chain payment channels, it circumvents the slow transaction times and high fees of the main Bitcoin blockchain, enabling instant, high-volume micropayments.…
TeraWulf’s (WULF) breakneck rally cooled on Tuesday as the firm increased its convertible note sale to $850 million and announced the pricing of the offering, aimed at funding its data center expansion.The notes will mature in 2031 with 1% annual interest, and will be exchangeable into cash, stock or both at TeraWulf’s election, the company said in a Monday press release. Initial conversion price is set at $12.43 per share, representing a 32.5% premium to last week’s close.Net proceeds are estimated at $828.7 million, and are earmarked for data center expansion with $85.5 million earmarked for capped call transactions designed…
In a space filled with repeating stories, three projects are setting their own pace. Chainlink (LINK) staying above $20 shows more than chart strength; it confirms its grip on real-world asset tokenisation. Near Protocol’s new AI partnership with IQ AI signals a future where automated agents improve liquidity and reduce risks across DeFi. Yet while both are strong plays, many analysts believe the best asymmetric setup lies in Cold Wallet (CWT). With $6.2M raised, over 736 million tokens sold, and Stage 17 holding at $0.00998 before a fixed $0.3517 listing, the project offers a 3,421% ROI gap that is already…