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.
In the second quarter of 2025, Solana’s ecosystem experienced mixed performance across key metrics. Total application revenue dropped 44.2% to $576.4 million, while the app revenue capture ratio increased from 126.5% to 211.6%. Application Revenue Plunge According to the latest Messari report, the total application revenue generated on Solana plunged 44.2% quarter-over-quarter (QoQ), from $1.0 […]
Pi Coin has struggled to maintain upward momentum, with its price continuing to slide over recent days. The cryptocurrency has faced significant challenges, with market conditions worsening, leading to a downtrend that has kept Pi Coin from breaking out. As the market weakens, a drop to its all-time low (ATL) seems increasingly likely. Pi Coin Is Under Bearish Pressure The Relative Strength Index (RSI) for Pi Coin has experienced a sharp downtick, indicating that bearish momentum is gaining strength. As the RSI is not yet at the oversold threshold of 30.0, the probability of a reversal is nowhere near. Although…
The recent surge in interest and adoption of digital assets has catalyzed a shift in the financial landscape, leading to a wave of successful crypto initial public offerings (IPOs). With three notable debuts on the horizon, the trend is gaining traction, driven by the impressive performance of recent market entrants. Crypto IPO Boom In the past few months, Circle (CRCL), the issuer of the USDC stablecoin, and Bullish (BLSH), a crypto exchange backed by Peter Thiel, have both experienced significant demand, resulting in substantial increases in their stock prices. This resurgence follows the earlier successes of Coinbase (COIN) and Robinhood…
Japan-based 3D printed housing firm Lib Work Co. has become the latest non-crypto native company to buy Bitcoin for its corporate treasury, coming just a month after launching an initiative that uses non-fungible tokens to store house designs. In a Monday statement following its board meeting, Lib Work announced plans to purchase 500 million Japanese yen ($3.3 million) worth of Bitcoin (BTC) as a hedge against “inflationary trends” in Japan and the risks of “holding assets only in cash.”“Therefore, our company has decided to adopt a phased approach to acquisition and holding, in response to these risks and to prepare for…
The extensions follow the agency’s pattern of postponements on altcoin-related ETFs this year, and analysts pointed out that the SEC typically takes the full review period before making final decisions. The delays come as demand for crypto ETFs surges, with Ethereum funds breaking records and BlackRock’s iShares Bitcoin Trust keeping up its market dominance.SEC Postpones ETF RulingsThe US Securities and Exchange Commission (SEC) once again pushed back decisions on several high-profile cryptocurrency exchange-traded fund (ETF) proposals, extending their review deadlines into October. In filings that were made on August 18, the agency set Oct. 8 as the new date to…
Key points:Bitcoin is showing a negative divergence on the charts, signaling a weakening in bullish momentum.Buyers need to maintain Ether above $4,094 to retain the upper hand.Bitcoin (BTC) extended its pullback on Monday, suggesting profit booking by short-term traders. Analyst Captain Faibik said in a post on X that BTC could drop to the key $98,000–$100,000 psychological zone in case of an “extreme bearish flush.”Despite the correction, analysts expect Bitcoin to trade higher over the next few months. Canary Capital CEO Steven McClurg said in a CNBC interview that there is a greater than 50% chance of BTC reaching the…
Solana started a fresh decline from the $210 zone. SOL price is now showing bearish signs and might decline below the $172 support zone. SOL price started a fresh decline after it failed to clear $210 against the US Dollar. The price is now trading below $185 and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $188 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $188 resistance zone. Solana Price Dips Again Solana price failed to clear…
XRP closed Monday’s session under pressure, reversing an earlier rally and ending near the $3.00 threshold. A sharp selloff in the final trading hour saw the asset dip 1% on surging volume, suggesting institutional distribution and stop-loss liquidations driving price action.Technical Analysis Shows Mixed SignalsXRP traded within a $0.11 range between $2.94 and $3.10 across the 24-hour session from August 18 05:00 to August 19 04:00, representing nearly 4% intraday volatility. A bullish breakout during the 17:00 trading hour on August 18 pushed prices from $2.97 to $3.10, supported by heavy volume of 131 million—double the 24-hour average of 66.8…
The cryptocurrency market is experiencing significant price declines, particularly among the three largest digital assets: Bitcoin (BTC), Ethereum (ETH), and XRP. Following record-breaking rallies in the previous week, these cryptocurrencies have seen notable losses, with Ethereum down 5.2%, XRP dropping 3.8%, and Solana (SOL) slipping 6%. Even memecoin Dogecoin (DOGE) has not been spared, losing 5.2% of its value. Crypto Market Faces New Downturn According to a recent report by Barron’s, the recent downturn can be attributed to a combination of macroeconomic factors that have dampened investor optimism. Wholesale price data has also raised concerns about the potential for sustained…
Dogecoin slid overnight, erasing gains despite heavy institutional accumulation, as $782 million in trading volume overwhelmed support levels and sent the token into correction mode. The move came alongside broad crypto liquidations, reflecting heightened macro pressure.News Background• Dogecoin dropped from $0.23 to $0.22 in a 24-hour window ending August 19 at 04:00, marking a 4% decline.• A sharp liquidation wave hit between 03:00-04:00, where volumes spiked to 782 million DOGE — nearly double the daily average.• The decline occurred as industry-wide liquidations topped $1 billion, triggered by U.S. inflation prints beating expectations and denting Fed rate-cut hopes.• Despite the drop,…