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.
Pi Network’s performance has been underwhelming, even in a broader bull market. While many cryptocurrencies are reaching record highs, Pi Coin (PI) fell to an all-time low earlier this month, reflecting a significant loss of investor confidence. Though it boasts an ambitious community-driven model and a user base exceeding 60 million, several indicators point to a growing disinterest in the network, raising concerns about its long-term viability. Pi Network in Trouble: 3 Signs You Need to Watch First, the supply of Pi coins on centralized exchanges has surged dramatically. Data from PiScan revealed that over 409 million Pi coins were…
Mawari Partners with Caldera to Launch Mawari Network, Enabling Real-Time Streaming of Immersive, AI-Powered Experiences Globally – Chainwire HomeNewsroomMawari Partners with Caldera to Launch Mawari Network, Enabling Real-Time Streaming of Immersive, AI-Powered Experiences Globally We use cookies to make Chainwire’s website a better experience. Cookies help us provide a more personalized experience and relevant advertising for you, and web analytics for us. The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly…
Key takeaways The cryptocurrency market reversed its recent gains, with bullish traders losing over $800 million in the last 24 hours. DOGE dropped by 6% after failing to hit $0.26. DOGE dips lower on poor PPI data The cryptocurrency market reversed its recent gains on the back of poor PPI data from the United States. Bitcoin hit a new all-time high of $124k on Thursday but quickly reversed its gains and dropped below $119k. Ether was trading above $2,700 during the early hours of Thursday, but has lost 2% of its value since failing to surge past its current all-time…
The US state of New York may tax the sales and transfers of crypto and non-fungible tokens (NFTs), under a bill submitted in the state’s Assembly.Assembly Bill 8966, introduced on Wednesday by Democratic Assemblymember Phil Steck, would add a 0.2% excise tax on “digital asset transactions, including the sale or transfer of digital assets.”The bill, if passed, would take effect immediately and apply to all sales and transactions, starting Sept. 1.If enacted, the bill could bring in significant tax revenue for the state, as New York City is the world’s largest financial and fintech hub, home to industries that have…
The company secured 14.02 EH/s of computing power and protection from US tariffs on China-made mining hardware. While the tariffs aim to boost domestic manufacturing, critics warn they could raise equipment costs, weaken demand from US miners, and ultimately drive mining operations back overseas.American Bitcoin Expands with Bitmain DealAmerican Bitcoin, a Bitcoin mining company backed by members of US President Donald Trump’s family, exercised an option to acquire up to 17,280 application-specific integrated circuits (ASICs) from Bitmain, which is one of the world’s leading crypto mining hardware manufacturers. Earlier this month, the company purchased 16,299 Antminer U3S21EXPH units, which deliver…
Terrill Dicki Aug 15, 2025 07:59 The Hong Kong Monetary Authority alerts the public about fraudulent websites impersonating Alipay Financial Services, urging caution and immediate reporting. The Hong Kong Monetary Authority (HKMA) has issued a public warning regarding fraudulent websites posing as Alipay Financial Services (HK) Limited. This alert is part of a broader effort to protect consumers from online scams and financial fraud, according to the HKMA. Fraudulent Website Identified The HKMA’s alert comes after Alipay Financial Services (HK) Limited, a licensed stored value facility (SVF), reported the existence of a fraudulent…
After hitting a new multi-month high, Cardano (ADA) has retraced alongside the rest of the market. Some analysts suggest that the cryptocurrency is ready to reclaim crucial resistance levels and hit new highs in the coming months. Related Reading Cardano Holds Crucial Support Despite Pullback On Thursday, Cardano experienced an 11% drop after surpassing the $1.00 barrier for the first time since March. ADA’s retracement was fueled by the crypto market’s pullback, which saw massive liquidations throughout the day. According to CoinGlass data, the crypto market saw over $1.05 billion in liquidations over the last 24 hours, driven by higher-than-expected…
In brief Providers must use cold wallets with air gapped hardware, apply whitelisting and among other requirements, the regulator said Friday. A separate public consultation would license custodians of client assets and transfer tools, including private keys. The new standards sit under its broader roadmap for regulating digital assets and aims to strengthen trust and regional competitiveness. Hong Kong’s Securities and Futures Commission has set stricter custody expectations for licensed virtual asset trading platforms, positioning those requirements as the baseline for a forthcoming licensing regime that would cover standalone virtual asset custodians.The move, said to be for the protection of…
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and…
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and…