Author: ethan

Ethan focuses on altcoins and emerging blockchain ecosystems, covering new projects, sector expansion, and shifting narratives across the crypto landscape. His work looks at how ecosystems grow and interact, beyond short-term price movements.He regularly contributes context on Layer 1 developments and Web3 or DeFi trends connected to broader ecosystem growth.

FTX withdrew its proposal to restrict or cancel refunds to creditors across 49 jurisdictions after a strong reaction from noteholders. The decision affects an estimated $800 million in claims and, because the motion was withdrawn “without prejudice,” it could be refiled, keeping thousands of affected parties on edge.

Read More

BNB fell below $950 in a session marked by a wave of selling that deepened market losses. Privacy coins recorded relative gains during the downturn, contrasting with broader weakness. The move affects traders, issuers of tokens linked to BNB, and users with exchange exposure, reducing the ecosystem’s reference value and pressuring liquidity and leveraged strategies.

Read More

Bybit EU is prioritizing credibility within the MiCA framework, according to a strategy shared by Mazurka Zeng that engages operators, institutional clients and European regulators. The announcement emphasizes alignment with the new regulatory ecosystem and mitigation of reputational risks, factors that directly affect market access and user trust.

Read More

BitMine Immersion, a firm linked to Tom Lee, acquired $300 million in Ether, bringing its total holdings to $13,700 million. The purchase reinforces its exposure to the asset and may influence perceptions of institutional demand among market observers. The move is notable for institutional investors, treasury managers and participants who monitor large-scale accumulations.

Read More