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.
Bitcoin has fallen more than 7% dipping below $115,000, since hitting its all-time high of over $124,000, as traders booked in over $3.5 billion of realized profits across the weekend, according to Glassnode data. Saturday alone saw $3.3 billion in profit taking, the largest single-day figure since mid-July and one of the highest in 2025.For most of this year, profit has been realized almost daily, with only around 10 sessions showing net losses. The trend reflects BTC’s steady climb from $90,000 at the start of 2025.Since hitting a low of $76,000 in April, profit taking has accelerated, especially as the…
Solana processed more than 100,000 transactions per second during a recent stress test, marking a new milestone in the network’s scaling efforts.The mainnet block briefly peaked at 107,540 TPS through high-load “noop” program calls, according to data shared over the weekend, showing the upper bound of Solana’s current infrastructure.Developers clarified that the test did not involve real transfers or complex state changes, meaning the throughput figure reflects theoretical limits.Co-founder of Helius, Mert Mumtaz, explained that transactions such as transfers, Oracle updates, or similar operations could still reach 80,000 to 100,000 TPS in practice. This compares with Solana’s current day-to-day throughput…
Bitcoin (BTC) starts a new week with a fresh sell-off, and traders are split over where BTC will head next.BTC price action has dipped $10,000 since its latest all-time high just days ago, leading to comparisons with the 2021 top.Order-book manipulation may be to blame, analysis argues — a large entity may be “buying the dip.”The US Federal Reserve’s Jackson Hole symposium is due, with the US inflation fight contrasting with hopes of a Russia-Ukraine peace settlement.Bitcoin hodlers may have less time to enjoy gains as the latest uptrend enters its seventh week.In a “strange” development, BTC price weakness is…
After hitting a new all-time high, the bitcoin price has since retraced towards its pre-pump levels from last week, completely erasing its rapid gains. As a result, the bears seem to be reclaiming control once again, with sellers dominating the market. While expectations for another sharp recovery abound, crypto analyst Melikatrader has outlined two possible scenarios for the pioneer cryptocurrency, with both ending in bearish reversals toward established local peaks. Lower Trendline Break Points To Bearish Developments The analysis highlights the two possible directions that the Bitcoin price could be headed in after the fall from its new all-time highs.…
Dogecoin price is down 5% in 24 hours to hover near $0.22. The DOGE price movement is similar to that of most altcoins that are seeing profit-taking. Analysts are bullish on DOGE as whale accumulation continues. Dogecoin (DOGE) has experienced a slight decline in the past 24 hours, dropping to lows of $0.22 amid a technical pattern breakdown. The top memecoin’s price movement mirrors the broader cryptocurrency market’s price action in the past few days. Bitcoin dipping to below $117k and Ethereum paring gains from near its all-time high buoyed bears. While profit taking is driving current downside pressure, analysts…
Japan’s Financial Services Agency (FSA) will approve the first yen-denominated stablecoin as early as this fall, according to a Nihon Keizai Shimbun report on Sunday.Fintech company JPYC will register as a money transfer business with the FSA, paving the way for the approval of the first yen stablecoin. JPYC’s stablecoin is built to maintain a 1:1 peg with the currency and is backed by liquid assets such as bank deposits and government bonds.Stablecoins are digital assets that track the value of a traditional financial asset such as a fiat currency. The largest stablecoins such as Tether’s USDT and Circle’s USDC…
The Qubic community overwhelmingly chose the meme coin over Kaspa and Zcash. The Monero incident shed some light on the vulnerability of proof-of-work networks to concentrated hashrate attacks, and started debate about decentralization after Kraken temporarily halted deposits. Targeting Dogecoin, with its $33 billion market cap and mainstream visibility, could have far-reaching consequences for the perception of blockchain resilience. Meanwhile, the US Justice Department seized $2.8 million in crypto and other assets tied to ransomware operator Ianis Aleksandrovich Antropenko, which added to the government’s growing crypto stockpile.Dogecoin in the CrosshairsThe Qubic community, the AI-focused blockchain project that shocked the crypto…
Thailand introduced its Tourist Wallet for foreign-currency-to-baht QR payments, but the crypto conversion feature is suspended pending a regulatory review through mid-August.The Bank of Thailand said the Tourist Wallet is meant to solve a practical problem: Cross-border QR links are only live with eight partner countries including Singapore, Malaysia and, soon, China via UnionPay. Travelers from elsewhere still face friction when paying in Thailand, something the new wallet aims to address.Tourists will be able to top up their wallets with cash at provider counters, foreign debit and credit cards, or overseas bank transfers. Spending caps apply: 500,000 baht ($13,800) a…
Cryptocurrency investment products saw another week of strong inflows, largely driven by Ether exchange-traded products (ETPs).Global crypto ETPs posted $3.75 billion of inflows during the trading week ending Friday, the European crypto asset manager CoinShares reported on Monday.The inflows came amid a strong bullish momentum for Ether (ETH), with prices nearing all-time high levels above $4,700 last Thursday, according to CoinGecko data.After four days of inflows, however, the investor sentiment shifted to red, with both Bitcoin (BTC) and Ether funds seeing outflows last Friday, according to SoSoValue.Bitcoin ETPs see modest inflows despite ATH above $124,000Despite Bitcoin surging above $124,000 last…
Bitcoin (BTC) and Ethereum (ETH) opened the week with notable losses, as the two leading cryptocurrencies retreated from their recent highs.According to CryptoSlate’s data, Bitcoin fell more than 3% over the past 24 hours, slipping from above $118,000 to around $115,303 at the time of writing.Ethereum followed suit, dropping roughly 4% to $4,270 to end its recent streak of substantial gains.The broader market mirrored this weakness as the top 10 cryptocurrencies by market cap, including XRP, Binance Coin (BNB), Solana, Dogecoin, and Cardano, each posted average declines near 4%.In an Aug. 18 note to investors, analysts at Matrixport commented on…