Author: Ethan Carter

As Bitcoin (BTC) strives to maintain the $90,000 threshold, some analysts believe that indications of a bear market for the leading cryptocurrency are becoming more pronounced, implying that a decline to new lows may be imminent. Related Reading Bitcoin Bear Flag Raises Concerns On Friday, Bitcoin reversed its gains from Thursday, falling 3.2% during the day to revisit the $89,500-$90,500 support area once more. For the past four weeks, the cryptocurrency has been fluctuating within a range of $84,500-$94,500, hitting a seven-month low of $80,600 during the correction in late November. This week, Bitcoin’s price has experienced increased volatility, driven…

Strategy maintained its position in the Nasdaq 100 during this year’s rebalancing, marking its first successful test in the benchmark since joining the index last December. The company, formerly known as MicroStrategy, has emerged as the largest corporate holder of Bitcoin (BTC). Following its recent acquisition of 10,624 Bitcoin for approximately $962.7 million last week, Strategy’s total holdings reach 660,624 BTC, valued at nearly $60 billion. The latest adjustments to the Nasdaq 100 resulted in Biogen, CDW, GlobalFoundries, Lululemon, On Semiconductor, and Trade Desk being removed from the tech-heavy index, while Alnylam Pharmaceuticals, Ferrovial, Insmed, Monolithic Power Systems, Seagate, and…

While AI-driven trading hasn’t quite experienced its “iPhone moment”—when everyone has an algorithmic, reinforcement learning portfolio manager readily available—experts suggest that such a breakthrough is on the horizon.The complexity of trading markets poses significant challenges for AI, as opposed to self-driving cars learning to navigate based on data and algorithms. Predicting market futures remains elusive, despite the vast amount of information available.This reality complicates the process of refining AI trading models, which have traditionally been evaluated based on profit and loss (P&L). Recent advancements in algorithm customization are leading to AI agents that continuously adapt to balance risk and reward…

Strategy maintained its position in the Nasdaq 100 during this year’s rebalancing, marking its first successful evaluation in the benchmark since its addition in December of last year.The company, formerly known as MicroStrategy, has become the leading corporate holder of Bitcoin (BTC). With its recent acquisition of 10,624 Bitcoin for approximately $962.7 million last week, Strategy’s total holdings now amount to 660,624 BTC, valued at nearly $60 billion.The latest Nasdaq 100 adjustment saw Biogen, CDW, GlobalFoundries, Lululemon, On Semiconductor, and Trade Desk excluded from the tech-focused index, while Alnylam Pharmaceuticals, Ferrovial, Insmed, Monolithic Power Systems, Seagate, and Western Digital were…

Bitfinex reports a significant decline in crypto spot trading this quarter, with volumes down 66% from the peak in January as traders retreat amid lower ETF inflows and a turbulent macroeconomic environment. In a Sunday post on X, the exchange indicated that this slowdown reflects historical market cycles, where prolonged lulls often precede the next major phase in the market. According to CoinMarketCap data, 30-day crypto spot volumes have decreased from over $500 billion in early November to around $250 billion this week.Trading activity struggled to maintain the $300–$350 billion range throughout late November and early December, with several trading…

Negotiations in the U.S. Senate concerning a crypto market structure bill—the primary objective of the industry’s policy lobbying—have yet to settle several disagreements as discussions approach the holiday break, indicating that substantial progress may not be realized until January.Draft legislative text has been shared confidentially among industry stakeholders, with executives reviewing parts of the current draft during a White House meeting on Thursday, as reported by sources familiar with the events. These pages were briefly presented in a session led by President Donald Trump’s crypto advisor, Patrick Witt, although industry representatives have not yet endorsed the proposed approach.Several critical issues…

Bitfinex reports a significant decline in crypto spot trading this quarter, with volumes decreasing 66% from their peak in January as traders withdraw amid weakened ETF inflows and a volatile macroeconomic landscape.In a Sunday post on X, the exchange highlighted that this slowdown is reminiscent of prior market cycles, where prolonged lulls often signal the onset of the next cycle phase.According to data from CoinMarketCap, 30-day crypto spot volumes have dropped from over $500 billion in early November to about $250 billion this week.Throughout late November and early December, trading activity struggled to maintain a range above $300–$350 billion, with…

Bitfinex reports that cryptocurrency spot trading activity has significantly decreased this quarter, with volumes down 66% from the peak in January, as traders pull back amid weaker ETF inflows and an uncertain macroeconomic environment. In a Sunday update on X, the exchange pointed out that this slowdown parallels earlier market cycles, where prolonged periods of low activity often “precede the next leg in the cycle.” According to data from CoinMarketCap, the 30-day crypto spot volumes have dropped from over $500 billion in early November to approximately $250 billion this week. Trading activity remained in the $300–$350 billion range during late…

Crypto analyst Egrag Crypto has once again forecasted that the XRP price might soar to $27. He specified the technical setup that could trigger a parabolic rise for the altcoin as it aims for the $27 goal.  Ways XRP Price Might Hit $27 In an X post, Egrag Crypto mentioned that the Linear Regression targets for XRP’s price are $3.4, $10, and $27. He elaborated that, as of this month, these three significant price levels emerge based on the long-term Logarithmic Linear Regression Channel. The analyst then discussed each price target and how XRP could achieve them.  Related Reading Egrag…

A widening gap has developed in Washington, D.C., between the cryptocurrency sector and labor unions as legislators discuss potential changes to regulations allowing cryptocurrencies in 401(k) retirement accounts.The contention revolves around proposed market structure legislation enabling retirement accounts to invest in crypto, which labor unions argue could expose employees to speculative risks. In a letter addressed to the US Senate Banking Committee on Wednesday, the American Federation of Teachers contended that cryptocurrencies exhibit too much volatility for pension and retirement savings, cautioning that workers could incur substantial losses.The letter faced swift backlash from crypto investors and industry stakeholders. “The American…