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.
Quick HighlightsCircle will use Malachite to build Arc L1, a blockchain for stablecoin finance. The open-source Malachite engine aims to boost security and performance. Several Informal Systems employees will join Circle’s blockchain team.Circle Acquires Malachite to Power Arc L1Circle, the issuer of the USDC stablecoin, has announced the acquisition of the Malachite consensus engine from developer Informal Systems.The technology will be the base for the new Arc L1 blockchain which is focused on stablecoin-based financial infrastructure and high-performance digital payments. The press release indicates that the integration of Malachite will enhance the performance, reliability and security of stablecoin transactions while…
Robinhood (HOOD) has partnered with Kalshi, a Commodity Futures Trading Commission (CFTC)-regulated and blockchain-based prediction market, to let users trade on the outcomes of NFL and college football games.The betting market will be available through Robinhood’s Prediction Markets Hub, available across the U.S. through Kalshi, the popular trading platform said in a blog post on Wednesday.”Customers can now trade on the outcomes of the most popular pro and college football games, including all regular season pro matchups, and all college Power 4 schools and independents,” according to the post. Robinhood is positioning the move as an alternative to traditional betting…
Cryptocurrencies continued their slide on Tuesday with bitcoin sinking below $114,000 as investors are turning cautious that Federal Reserve Chair Powell’s Friday Jackson Hold speech may come with a hawkish surprise.BTC dropped to $113,700 during the early hours of the U.S. session, its weakest price in almost two weeks and pulling back 9% from its Thursday record high above $124,000.Ether (ETH) slid 3.5% over the past 24 hours below $4,200. Major altcoins weren’t spared either: Chainlink , Avalanche , Toncoin , Ethena and Aptos declined 4%-6% in a day.The crypto pullback occurred alongside with traditional markets turning risk-off, with Nasdaq…
Internet Computer Protocol (ICP) drifted downward over the past 24 hours, shedding 2.35% to trade at $5.18. The token moved within a $0.23 band between $5.14 and $5.40, reflecting a 4% swing that underscored the persistent volatility shaping current market conditions, according to CoinDesk Research’s technical analysis data model.An advance to the resistance level of $5.40 was quickly met with distribution as ICP settled back toward its established support corridor around $5.17–$5.20. Trading saw substantial accumulation activity, with volumes surpassing 643,000 units at those levels.ICP subsequently slipped to $5.19 with repeated resistance at $5.24 forming a descending channel pattern. Short…
Cryptocurrencies and related stocks extended losses Tuesday as traders braced for the release of the Fed’s release of the FOMC minutes on Wednesday and Fed Chair Jerome Powell’s Jackson Hole speech on Friday.Bitcoin dropped 3.2% in the past 24 hours to slip below $114,000, while ether fell 5.3% to under $4,200. XRP tumbled 6.2%, Cardano’s ADA slid 8% and the broader crypto market was down 3.2%. Shares of crypto-related companies, such as bitcoin miners, crypto exchanges and digital asset treasury firms suffered even bigger losses, with MARA, COIN and MSTR closing today’s regular session down 5.72%, 5.82% and 7.43%, respectively.By…
In brief Lloyds is hosting an auction for more than 280 Bitcoin-themed domain names, all in a single bundle. Domains available include BitcoinWallets.com and BitcoinExchanges.com, among others. The auction follows Lloyds’ $3 million sale of XBT.com. A collection of more than 280 Bitcoin-themed domain names is up for auction via a single sale at Lloyds, the famed auction house announced on Tuesday. The collection includes dozens of geographical themed Bitcoin domains, like JapanBitcoin.com and AustraliaBitcoin.com, as well as more functional domains like BitcoinExchanges.com and BitcoinWallets.com.Other notable (and/or amusing) names in the bunch include BitcoinforPizza.com, EmailBitcoin.com, BitcoinSpotETF.com, BitcoinSeedPhrase.com, TokenizedBitcoins.com, and BitcoinNetzwerk.com.“This isn’t…
Bitcoin and altcoins continue to sell-off, but Solana’s fundamentals and accelerating institutional traction hint at a price recovery to $200.
Crypto-related stocks tumbled on Tuesday in a broad-market crypto slide that brought bitcoin down to $113,000.Strategy (MSTR), the largest corporate owner of BTC, closed the session 7.8% down at $336, at its weakest price since April 22.Ethereum treasury firms SharpLink Gaming (SBET) and BitMine (BMNR) lost 8%-9%, while Solana-focused accumulators DeFi Development (DFDV) and Upexi (UPXI) plunged 13.7% and 9%, respectively.Digital asset investment firm Galaxy (GLXY) slid 10%, while Robinhood (HOOD) sank 6.5% and Coinbase (COIN) fell 5.8%. BTC miner MARA Holdings (MARA) declined nearly 6%, while some high-flying HPC names like Bitdeer (BTDR), IREN (IREN) and Hut 8 (HUT)…
Foundry USA and AntPool now control over half of Bitcoin’s hash power. Bitcoin price is slipping toward $110,530, a crucial support level. Macro fears and Fed shifts add pressure to already weak crypto markets. After Monero’s 51% takeover, two Bitcoin mining pools have sparked fears of a potential 51% attack on Bitcoin. Notably, the developments have raised critical questions about the security of the Bitcoin network and the stability of the wider crypto market. Also, the concerns over mining centralisation have intensified just as BTC faces steep price declines and broader macroeconomic pressures. Two mining pools dominate Bitcoin’s hash power…
The race to build crypto treasuries is accelerating. Alongside high-profile ventures raising billions, blockchain native protocols themselves are exploring new ways to lock value into their ecosystems, and in some cases, even reimagine what a treasury can do.On Aug. 7, the Chainlink network announced its own reserve, designed to accumulate the protocol’s native token Chainlink (LINK) collected from both onchain service fees and offchain enterprise revenue, creating a direct link between Chainlink’s business activity and long-term token demand.Since then, the protocol has made two deposits to its newly launched onchain treasury. Onchain data from Etherscan shows total holdings at 109,661.68…