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 brief James Chanos warns that Strategy’s $51 million Bitcoin buy signals weak demand for its preferred stock offerings and criticizes the company for loosening shareholder protections. Strategy modified its equity issuance policy by adding “when otherwise deemed advantageous”, with Chanos alleging it gives CEO Michael Saylor more flexibility to dilute shares at lower valuations. The purchase brings Strategy’s total to 629,376 BTC worth $72 billion, while the stock trades down 1.46% at $360.98 amid broader Bitcoin market weakness. Famed short-seller James Chanos, who’s best known for shorting Enron before its implosion in 2007, is calling out Strategy for its…
CRYPTO SLIDES, LINK LEADS ALTS, FED ENDS CRYPTO SUPERVISIONBTC slides to $115k despite stability in stocks. ETH & SOL weakest in majors, LINK leads alts. Fed ends crypto supervision program. US weighs digital ID verification in DeFi. BTC hits 1.7% of total global money supply. ETH hits ATH in transaction count, active addresses. ETH ETFs see ATH weekly inflows. SOL hits 100k TPS in load-test. BMNR buys $600m more ETH. Sharplink stock dips on $130m Q2 loss. Metaplanet buys $93m BTC. DFDV buys $22m SOL. NY proposes 0.2% tax on crypto sales, transfer. S&P 500, Dow could launch tokenized indexes.…
In brief Despite a crypto market crash that saw Bitcoin drop, large-scale investors are continuing to accumulate Cardano and XRP. On-chain data confirms this bullish whale activity, with transactions and cohort holdings for both cryptocurrencies hitting multi-month highs in August. The market recovery is tied to a potential end to the Russia-Ukraine conflict and a confirmed Federal Reserve rate cut, experts suggest. Bitcoin’s drop to $114,600 during the early Asian session on Monday triggered a liquidation spree, but Cardano and XRP whales continued to accumulate despite the crypto market downturn.As the market corrected, XRP and Cardano are down 3.7% and…
Bitcoin could be set for more sideways movement in the near term as an overvaluation metric is flashing red, signaling a higher likelihood of profit-taking among Bitcoin holders.Bitcoin’s (BTC) Market Value to Realized Value (MVRV) ratio, an indicator that measures whether the asset is overvalued, currently stands at +21%, indicating that the average investor who purchased Bitcoin over the past year is comfortably in profit, sentiment platform Santiment said in a report published on Monday.Bitcoin may experience sideways price action“While not at extreme historical highs, this is considered a mild danger zone, as it increases the risk of profit-taking,” Santiment…
Tony Kim Aug 19, 2025 04:56 Bitdeer Technologies Group reports a significant revenue increase in Q2 2025, driven by self-mining and SEALMINER sales, despite a widened net loss. Bitdeer Technologies Group, a leader in Bitcoin mining technology, has unveiled its unaudited financial results for the second quarter of 2025, showcasing a substantial revenue increase but also a widened net loss, according to Bitdeer Technologies Group. Financial Performance Overview The company reported a total revenue of $155.6 million for the quarter ending June 30, 2025, marking a 56.8% year-over-year increase and a 121.9% rise…
In brief BitMine Immersion Technologies added $1.7 billion in ETH in the last week. The firm now holds more than 1.5 million ETH, or greater than 1% of the total Ethereum supply. Shares of BMNR are trading down 3.7% on the day, but still outperforming ETH. BitMine Immersion Technologies added $1.7 billion or more than 373,000 Ethereum to its treasury last week, bringing its total holdings to more than 1% of the total ETH supply. BitMine now holds $6.6 billion in Ethereum, and is the second largest cryptocurrency treasury, based on data provided by treasury firms. “In just a week, BitMine increased…
Early Bitcoin investor and billionaire Chamath Palihapitiya has filed to raise $250 million in blank-check company “American Exceptionalism Acquisition Corp A,” targeting the decentralized finance, AI, energy and defense sectors.The special purpose acquisition company (SPAC) would be led by Social Capital managing partner Steven Trieu as CEO and Palihapitiya as chairman, according to the registration statement filed with the US Securities and Exchange Commission on Monday. The $250 million raise seeks to offer 25 million shares at $10 each under the ticker AEXA on the New York Stock Exchange.Palihapitiya and Trieu are betting on decentralized finance, not Bitcoin, to lead the…
In brief Hackers are using fake Captchas to distribute Lumma Stealer malware, new research has found. Once installed by an unsuspecting user, the malware searches infected devices for credentials, including crypto wallet data. Lumma Stealer is an example of Malware-as-a-Service, which is effectively run as a “sustainable cybercriminal business,” experts told Decrypt. Bad actors are using fake Captcha prompts to distribute fileless Lumma Stealer malware, according to research from cybersecurity firm DNSFilter.First detected on a Greek banking website, the prompt requests that Windows users copy and paste it into the Run dialog box, and then to press Enter.DNSFilter reports that…
The Securities and Exchange Commission (SEC) delayed decisions on nine crypto exchange-traded fund (ETF) applications on Aug. 18.The delays extended review periods for products related to digital assets, spanning Bitcoin, XRP, Litecoin, and Dogecoin. The reason is likely the agency’s work to establish a comprehensive digital asset framework.The postponements affect Truth’s spot Bitcoin and Ethereum ETF, CoinShares’ spot Litecoin ETF, and multiple XRP ETF applications from 21Shares, CoinShares, Bitwise, Canary, and Grayscale. The SEC also delayed 21Shares’ staking proposal for its spot Ethereum ETF and Grayscale’s spot Dogecoin ETF application.Except for Truth’s filing, the delayed products all have final deadlines for…
YouTuber Logan Paul’s bid to dismiss a proposed class-action lawsuit over his defunct non-fungible token (NFT) project CryptoZoo should be allowed, says a Texas magistrate judge.Magistrate Judge Ronald Griffin advised an Austin federal court on Thursday that the class group had not sufficiently tied Paul to their claims that they lost money by buying into the CryptoZoo project.The recommendation could see a federal judge drop the suit unless the class updates it. The group is made up of CryptoZoo buyers who first sued Paul and others allegedly tied to the project in February 2023, alleging it was a “rug pull” that…