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.
On October 17, key cryptocurrencies experienced a downturn as concerns over trade wars and ETF outflows led to a broader market decline, resulting in an “extreme fear” sentiment. Over the past 24 hours, the total market capitalization of cryptocurrencies has dropped by 2.7%, reaching $3.7 trillion. Liquidations…
Net Asset Values (NAVs) in digital asset treasuries (DATs) have plummeted, but this situation may present an opportunity for astute investors, as noted by 10x Research.“The era of financial illusions is coming to a close for Bitcoin treasury companies,” remarked analysts at 10x Research in a report released to Cointelegraph on Friday. “They generated billions in paper wealth by issuing shares at prices significantly higher than their true Bitcoin value — until the illusion dissipated,” they stated.In this “illusion,” DATs effectively extracted wealth from retail investors who overpaid for shares, converting it into actual Bitcoin (BTC) for the firm. Shareholders faced…
Key insights:The Bitcoin Coinbase Premium turned negative as BTC price fell below $104,000.Bitcoin’s RSI reached its lowest level since April, indicating a potential bottom zone.Support at the 200-day EMA remains critical as BTC faces risks of short-term capitulation.On Friday, Bitcoin (BTC) continued its decline, dropping to $103,500, which led to a significant shift in on-chain market sentiment. The Bitcoin Coinbase Premium Index, measuring the price difference between BTC on Coinbase and other exchanges, showed a negative trend on the hourly chart for the first time in weeks.Bitcoin Coinbase Premium Gap. Source: XEarlier this week, BTC sought support around $110,000, supported…
Blockchain gaming projects have faced challenges in securing funding this year compared to 2024. However, analysts suggest there’s a glimmer of hope as studios roll out new games targeting the mainstream gaming audience.In Q3, the blockchain gaming sector attracted $129 million in venture capital, marking the strongest quarter of the year and raising the total for the year to $293 million.Yet, this amount is merely a fraction of last year’s figures. In 2024, DappRadar reported over $1.8 billion in blockchain gaming investments, and 2025 appears set to draw in only 25% of the previous year’s total.DappRadar’s head of content, Robert…
This week, spot Bitcoin exchange-traded funds in the United States experienced outflows exceeding $1.2 billion, although interest in these products is rising at Charles Schwab.The eleven spot Bitcoin ETFs in the US collectively reported an outflow of $366.6 million on Friday, capping off a challenging week for both the asset and institutional investment products linked to Bitcoin.BlackRock’s iShares Bitcoin Trust faced the largest withdrawal, losing $268.6 million, as reported by SoSoValue. Fidelity’s fund saw an outflow of $67.2 million, Grayscale’s GBTC lost $25 million, and there was a slight outflow from the Valkyrie ETF. The remaining products recorded no inflows…
Spot Bitcoin exchange-traded funds (ETFs) in the United States have experienced over $1.2 billion in outflows this week, yet Charles Schwab is witnessing increased interest in these products. The eleven spot Bitcoin ETFs in the US collectively recorded an outflow of $366.6 million on Friday, marking a challenging week for the asset and Bitcoin-related institutional investment vehicles. BlackRock’s iShares Bitcoin Trust faced the largest outflow, losing $268.6 million, as reported by SoSoValue. Fidelity’s fund lost $67.2 million, Grayscale’s GBTC saw a $25 million outflow, and a minor outflow was noted from the Valkyrie ETF. The remaining funds reported no inflows…
Key takeaways:The Bitcoin Coinbase Premium turned negative as BTC price fell below $104,000.Bitcoin’s RSI reached its lowest level since April, suggesting a potential bottom.The 200-day EMA support remains critical as BTC faces short-term capitulation risks.Bitcoin (BTC) continued its downward trend on Friday, dropping to $103,500 and signaling a significant change in onchain market sentiment. The Bitcoin Coinbase Premium Index, which measures the price difference between BTC on Coinbase and other exchanges, registered its first negative shift on the hourly chart in weeks.Bitcoin Coinbase Premium Gap. Source: XEarlier this week, BTC tried to establish support around $110,000, backed by steady spot…
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Bitcoin (BTC) is experiencing a decline in momentum, with the leading cryptocurrency dropping to $103,528 earlier today amid a growingly uncertain global macroeconomic environment. Recent data from Binance indicates that BTC is currently in a crucial transition phase within its price cycle. Bitcoin’s Decline – When Will It Stabilize? A CryptoQuant QuickTake post by contributor Arab Chain points out that Bitcoin is navigating a significant transition phase within its market cycle. The Bitcoin Cycle Phase Score has recently dipped into negative territory, correlating with a price drop from $124,000 to approximately $107,000 in just 24 hours. Related Insights The Cycle…
A Republican from the Florida House has submitted an updated bill allowing the state to invest in digital assets, including Bitcoin and crypto ETFs, after his initial proposal was withdrawn in June by Florida’s operations subcommittee.The Florida House Bill 183 would permit the state and select public entities to invest up to 10% of their funds in digital assets such as Bitcoin (BTC), crypto exchange-traded products, crypto securities, non-fungible tokens, and other blockchain-based products, as detailed in the new bill introduced by Florida lawmaker Webster Barnaby on Wednesday.This new crypto reserve bill mirrors Webster’s HB 487, which was defeated in…