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.
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…
In brief Cathie Wood’s Ark Invest added 2.5 million shares of Bullish (BLSH) amid the exchange’s IPO on Wednesday. Shares of Bullish tripled in price after hitting the market at $37, but have settled to nearly $75 as of Thursday afternoon. The mark gives Ark Invest nearly $189 million worth of BLSH, as of this writing. Tech investor Cathie Wood’s investment firm Ark Invest added to its crypto exposure on Wednesday, purchasing more than 2.5 million shares of crypto exchange Bullish (BLSH) valued around $177 million at the close of trading.Ark Invest added 2,532,693 shares of BLSH in total across…
In brief Crypto markets are in correction mode, as PPI throws cold water on the rally. But Cardano traders had other ideas today. ADA pumped while XRP, BTC, and ETH dumped. Here’s why, and what the charts suggest may happen next. Crypto volatility is back. But while most of the majors are pulling back, with Bitcoin leading the way, there’s one coin going off-script: Charles Hoskinson’s Cardano, believe it or not.It’s been this way for a while now, but in case it wasn’t obvious, Bitcoin is much more sensitive to macro winds these days than it was pre-COVID. And that’s…
Ethereum price started a downside correction from the $4,780 zone. ETH is again rising from $4,480 and might attempt a steady increase. Ethereum started a fresh increase above the $4,520 and $4,550 levels. The price is trading above $4,550 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $4,500 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it remains supported above the $4,500 zone in the near term. Ethereum Price Dips Remains Attractive Ethereum price started a fresh increase above the $4,600 support…
A new study from Satoshi Action Education projects a 75% probability that Bitcoin will exceed $4.81 million by April 2036. The research, led by economist Murray A. Rudd, uses an updated probability model to examine how supply constraints and institutional demand could influence long-term valuations. Supply Shock Scenarios and Bitcoin Price The updated results show a 75% exceedance price of $4.81 million for April 2036. The 25% exceedance band reaches $10.22 million, while the 95% upper bound ranges from $11.89 million to $14.76 million, depending on the simulation parameters. In the most extreme one percent of simulations, peaks approach $50…
Strategy stock continued its downward trend on Thursday despite Bitcoin price reaching a new record high of $124,420. Summary MSTR share price has moved into a bear market after falling by 20% from the YTD high. It has dropped even as Bitcoin jumped to a record high today. Technicals show that it is at risk of more downside if it loses key support. MSTR stock dropped to $ 375.80, down 20% from the year-to-date high of $457 and 30% lower than its highest level in 2024. Strategy stock has pulled back because of valuation concerns One potential reason for the…
Investments in Web3 gaming projects surged to $60 million in July, reversing a three-month lull, with investors now focusing on games built around fun, according to blockchain analytics platform DappRadar.March still has the highest month for Web3 gaming funding this year at $69 million, but after a slump in April, May and June, capital is flowing again “primarily to projects with proven teams, strong IP, or infrastructure supporting multiple games,” DappRadar analyst Sara Gherghelas said in a report published on Thursday. However, smaller studios are suffering, and projects without traction or sustainable economies are closing or pivoting, according to Gherghelas.“It’s a…
In brief U.S. wholesale prices rose 0.9% in July, the largest monthly gain in more than three years, dimming prospects for a September Fed rate cut. Bitcoin and Ethereum retreated from recent highs as traders scaled back bets on imminent policy easing. Analysts see seasonal weakness in September but expect rising global liquidity to support a potential fourth-quarter rebound. A hotter-than-expected U.S. wholesale inflation reading has tempered optimism for a September interest-rate cut, but some analysts say the pullback in crypto could be short-lived as liquidity tailwinds build into year-end.The Producer Price Index rose 0.9% in July, its largest monthly…
The Ethereum foundation has been on a selling spree, cashing out part of its ETH holdings as the token rallies to its strongest levels in years. Summary The Ethereum Foundation sold 2,795 ETH in two transactions worth nearly $13 million. ETH currently trades above $4,600, its highest level since November 2021. The Foundation previously noted that proceeds from its sales are used to support ecosystem development and operations. On-chain data has shown several wallet movements by the Ethereum foundation over the last 24 hours, commencing with a 1,695 ETH (ETH) sale spotlighted by Lookonchain on August 13. Exchanged for a…
In brief The federal agency has used its last full 60-day extension period, setting a final decision date of October 16 for the pending Solana ETF proposals. Market observers remain cautious of Solana’s price action, weighing how the SEC’s decision could shape the outlook for other altcoin-linked ETFs. BlackRock has stated it does not plan to launch a Solana ETF, while additional proposals from other issuers remain under review. The U.S. Securities and Exchange Commission has pushed back its decision on Cboe BZX’s proposals for Solana exchange-traded funds from Bitwise and 21Shares, invoking its maximum 60-day extension authority to set…