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.
BitMine Immersion accelerated its Ethereum accumulation, adding 373,000 ETH in seven days. The corporate treasury now stands at $6.6 billion, positioning the firm as the world’s largest ETH holder and second only to Strategy’s Bitcoin trove. Summary BitMine Immersion added 373,000 ETH in one week, raising its corporate treasury to $6.6 billion. The firm now holds the world’s largest Ethereum treasury and the second-largest corporate crypto treasury globally. BitMine aims to acquire up to 5% of Ethereum’s circulating supply, backed by institutional investors like ARK and Pantera Capital. In a press release dated August 18, BitMine Immersion Technologies announced its…
The U.S. Treasury Department is seeking new ideas for detecting and cutting off illicit crypto activity as it begins to put the new stablecoin law into effect.The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act — the first major U.S. law to erect a regulatory system in the crypto space — called for government action on limiting dangers from bad actors in digital assets, and the Treasury Department is asking for public comments “to identify innovative or novel methods, techniques, or strategies that regulated financial institutions use, or have the potential to use, to detect illicit activity, such…
Avalanche network activity continues to show robust growth despite the native token hitting a snag and slipping from highs above $25 as a pullback across the crypto market engulfed most coins. Summary Avalanche price pulled back from highs above $25, retreating slighty amid broader market sell-off pressure. Nansen data however shows Avalanche’s onchain growth momentum remains. The Avalanche (AVAX) token rose to highs of $25.64 on Aug. 18, extending the uptick that had bulls off support levels around $23.40 over the past week. However, with cryptocurrencies down in the past 24 hours amid widespread profit taking, AVAX pared gains to…
HBAR has fallen nearly 9% over the past week, and even in the last 24 hours, the price is down another 4%, despite swirling rumors that BlackRock may soon file for an HBAR ETF. If true, it would be the third major fund tied to HBAR, after those listed by Canary and Grayscale. But so far, the market hasn’t reacted with any of the typical ETF-driven euphoria. Instead of surging, HBAR continues to correct, but under the surface, something bullish is brewing, and it starts with whale wallets. Whales Buy the Dip as Price Quietly Drops Between August 11 and…
HBAR faced strong downward pressure in the last 24 hours, slipping 6.68% from $0.26 to $0.24, while trading activity surged past 109 million tokens—nearly double the daily average. The steepest drop occurred during overnight sessions, when sellers accelerated outflows and forced prices down at a pace far sharper than normal. Analysts attribute the volatility to broader market stress triggered by $460 million in liquidations, compounded by U.S. economic data showing the Producer Price Index rising to 3.3%.Despite near-term weakness, market strategists maintain a bullish long-term outlook for Hedera’s native token. Targets remain set between $0.40 and $0.50, though traders are…
Stellar’s XLM token came under heavy institutional selling pressure between August 17 at 3:00 PM and August 18 at 2:00 PM, sliding from $0.43 to $0.41 in a 6% decline. Trading volumes during the 24-hour period topped $30 million, representing roughly 7% of daily turnover. The most notable liquidation event occurred between 1:00 AM and 3:00 AM on August 18, when institutional sellers offloaded more than 60 million tokens. This selloff forced XLM down from $0.42 to $0.41, creating strong resistance at the $0.42 level and defining new support near $0.41. Despite attempts at recovery, the asset consistently failed to…
Opinion by: Alex Svanevik, CEO of NansenSince tokenization first gained mainstream attention during the 2017 initial coin offering boom and early blockchain projects aimed at digitizing assets such as equities and commodities, it has been crypto’s go-to pitch for modernizing finance. For many, however, the conversation stops at tokenizing public equities, putting existing stocks onchain for fractional ownership and 24/7 trading. While these steps are nice to have, they’re a far cry from a revolution. The truth is that equities are already very efficient markets, meaning the marginal gains from deploying blockchain technology are notably small.This means the fundamental transformation lies…
The company plans to to expand its crypto purchases to as much as $1 billion, alongside a market-cap-weighted “C10 Index” and potential ETF. Meanwhile, Dutch firm Amdax unveiled plans for AMBTS B.V., a Bitcoin treasury company on Euronext Amsterdam with the ambitious goal of accumulating 1% of Bitcoin’s supply.Faraday Future Bets on CryptoFaraday Future, the Nasdaq-listed electric vehicle startup, announced a sweeping pivot into the cryptocurrency sector to help boost its financial standing and attract new investor interest. The company revealed plans to establish a “C10 (Crypto 10) Treasury” product, beginning with an initial $30 million crypto purchase, with ambitions…
Galaxy’s Take: XRP’s Healthy Pause at the $3 ZoneRipple’s XRP is currently navigating a meaningful consolidation phase around the psychological $3 mark, one that analyst Galaxy frames not as weakness, but as a constructive “breather” following a series of long-term breakout patterns.Source: GalaxyGalaxy’s recent analysis spotlights two key technical developments: XRP just broke out of a “smaller symmetrical triangle” after emerging from an even more monumental 2,500-day symmetrical triangle. This layered pattern of breakouts implies sustained structural strength rather than randomness in price movement. More importantly, Galaxy emphasizes that “a little more consolidation around $3” is both natural and healthy for…
Key Highlights:BTCS pays a historic $0.05 per share Ethereum ‘Bividend’ to shareholders. Extra $0.35 loyalty payout offered for transferring and holding shares in book entry. CEO says holders gain more control and protection from short selling.BTCS Launches World’s First Ethereum ‘Bividend’ for ShareholdersAmerican company BTCS announced a one-time dividend payment in Ethereum (ETH) — called a “Bividend” — amounting to $0.05 per share. Some shareholders are also eligible for additional compensation.This additional benefit is a one-time payment of $0.35 per share for transferring securities into a book-entry system, which uses a digital ledger instead of paper certificates.BTCS Stock Price. Source: TradingViewTo…