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.
Key takeaways:Bitcoin marks its steepest pullback in a month, with the ghost month trend hinting at further downside to $105,000. Onchain data shows a rise in US and Korean spot demand, pointing to a short-term recovery.Bitcoin (BTC) saw a sharp correction on Thursday, slipping below $117,000 on Aug. 14, marking its steepest pullback in a month. The daily chart flashed a bearish engulfing pattern for the first time since July 15, raising concerns that seasonal weakness during Asia’s “ghost month” could extend the downturn.Bitcoin one-day chart. Source: Cointelegraph/TradingViewDespite the dip, onchain data point to resilient dip-buying activity. The Coinbase Premium…
Lawrence Jengar Aug 15, 2025 09:31 The Hong Kong Monetary Authority announces the re-opening tender for 3-year RMB HKSAR Institutional Government Bonds, aiming to support infrastructure projects with an additional RMB1.25 billion offering. The Hong Kong Monetary Authority (HKMA) has announced a significant tender for the re-opening of 3-year Renminbi (RMB) Hong Kong Special Administrative Region (HKSAR) Institutional Government Bonds. This tender, scheduled for Thursday, 21 August 2025, underscores the region’s ongoing commitment to infrastructure development, according to the Hong Kong Monetary Authority. Details of the Bond Offering The tender will involve the…
Key Highlights:US Treasury blocks Garantex, Grinex, executives, and six affiliated companies. $1.66B in transactions linked to Grinex; funds shifted after Tether’s wallet freeze. $6M reward offered for tips leading to arrest of key crypto network leadership.The US Treasury Department’s Office of Foreign Assets Control (OFAC) has reintroduced Garantex, its successor Grinex, and a number of other individuals and entities to its sanctions list. The reason for this update is accusations of laundering illegally obtained funds and facilitating the circumvention of restrictions imposed on the Russian Federation.Timeline of Sanctions and Freezing of AssetsRecall that OFAC added the Garantex crypto exchange to…
According to Fundstrat research, Ether could climb much higher before the end of 2025, with price targets ranging from $10,000 to as high as $15,000. Related Reading Reports show Ether jumped about 60% over the past 30 days and hit a four-year high near $4,770 in early trading, while other coverage put the token at $4,694 and noted a 78% surge over an eight-week stretch. Those moves have pushed Ether close to its all-time peak, and fund managers are taking notice. Fundstrat Targets And Rationale According to Fundstrat’s chief information officer Tom Lee and head of digital asset research Sean…
Stellar lumens (XLM) traded in a tight range over the past 24 hours, holding between $0.42 and $0.43 from Aug. 14 at 15:00 UTC through Aug. 15 at 14:00 UTC. The token saw measured gains before late-session profit-taking pushed prices 1% lower to $0.43 in the final hour of trade. CoinDesk Data’s technical analysis model suggests XLM is approaching a key resistance level at $0.50, with a breakout potentially targeting $0.60–$0.77, backed by strengthening network fundamentals and growing institutional participation.On-chain metrics continue to paint a bullish picture. Stellar’s active enterprise wallets hit an all-time high of 9.69 million, with 5,000–6,000…
Key points:Bitcoin’s pullback is finding support near $117,000, indicating buying on dips.Ether has given up some ground but is likely to find support near $4,094.Bitcoin (BTC) turned down sharply from $124,474 on Thursday, but a positive sign is that the bulls are trying to arrest the decline near $117,000. According to a recent Bitcoin Intelligence Report, BTC has immediate resistance just above $130,000, but its year-end target is near $200,000.Along with BTC, traders are keeping a close watch on Ether (ETH), which has been in a strong uptrend since July. According to SoSoValue data, spot ETH exchange-traded funds have recorded…
SharpLink Gaming, an online gaming company with the second-largest corporate Ether treasury, announced a net loss of $103 million for the second quarter of 2025, driven by a paper loss from accounting for liquid staked Ether (LsETH). The loss marks a steep drop from a $500,000 loss in the same period of 2024 — a year-over-year change of -25,980%.According to a Friday announcement, SharpLink now holds 728,804 Ether (ETH) worth approximately $3.5 billion at this writing. The only publicly traded company with more ETH is BitMine Immersion Technologies, which holds a little more than 1.15 million ETH worth approximately $5.1…
The Federal Reserve continued its relaxation of crypto oversight on Friday with a move to shut down a two-year-old supervisory program intended to keep a special eye on banks’ crypto ties, instead folding that task back to its day-to-day oversight work.The central bank established its short-lived Novel Activities Supervision Program during the tenure of Vice Chairman Michael Barr, the board’s supervision chief appointed by then-President Joe Biden, and the agency is now sunsetting the effort and will “return to monitoring banks’ novel activities through the normal supervisory process,” according to a Fed statement on Friday.Since the start of President Donald…
Key Highlights:Citigroup may provide custodial services for stablecoins and crypto ETFs. The bank is testing blockchain transfers and direct stablecoin settlements. Citi could issue its own stablecoin and expand into digital asset custody.Citigroup Considers Stablecoin and Crypto ETF Custody ServicesCitigroup is evaluating providing custody services for assets backing stablecoins and cryptocurrency exchange-traded funds (ETFs). The bank is also considering payment and conversion services for these assets, according to Biswarup Chatterjee, Citi’s head of innovation. Interest in these products has risen after regulations now require stablecoin issuers to hold low-risk assets, such as U.S. Treasury bonds or cash. Citi could fill…
In brief On-chain data shows that Ethereum ETFs have added about $3.4 billion over the past five days, against $966 million for Bitcoin ETFs over the same period. The trend marks a fifth straight session of ETH ETF inflows outpacing Bitcoin ETFs. Analysts cited corporate treasury accumulation, thinning exchange and OTC supply, and staking yield, while noting risks over a historical September correction. U.S. spot Ethereum ETFs have outpaced Bitcoin funds for a fifth straight trading day, a move market observers are tying to aggressive corporate accumulation purportedly draining exchange and OTC supply, among other macro factors.Ethereum funds took in…