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.
The price of Bitcoin has remained below its two-year bullish market channel for six weeks, exhibiting a 2021-like rounded top, with VanEck’s hashrate drop data highlighting a crucial retest of resistance. Summary BTC has fallen below a long-established ascending channel, experiencing three unsuccessful attempts to reclaim it, with the channel’s lower boundary becoming significant resistance. The current price movements mirror those of 2021, showing a breakdown, a sharp decline, a corrective bounce, and renewed selling targeting the same support zone now under scrutiny. VanEck highlighted a 4% drop in hashrate, historically indicative of market bottoms; however, analysts caution that confirmation…
A drop in bitcoin BTC$87,525.91 mining levels is frequently seen as indicative of network strain, highlighting decreased miner profits, a falling hashrate, and apprehensions regarding the economic viability of mining activities. This trend is typically regarded as detrimental to bitcoin’s value.However, digital asset investment firm VanEck contends that phases of declining hashrate — the aggregate computational strength employed by miners to safeguard the bitcoin network and facilitate transactions — have historically acted as contrary indicators, signaling a rise in price momentum instead of a sign of fundamental frailty.This scenario is unfolding as bitcoin hovers around $87,000, experiencing a 36% decline…
Traders in prediction markets have consistently outperformed professionals in forecasting inflation, particularly when actual readings diverge significantly from estimates, as highlighted in a study by prediction market Kalshi.In a comparison of inflation predictions from its platform against Wall Street consensus estimates, Kalshi found that market-based traders displayed greater accuracy than traditional economists and analysts over a span of 25 months, especially during economic instability, according to a report shared with CoinDesk.Market-based predictions of year-over-year changes in the Consumer Price Index (CPI) recorded a 40% reduction in average error compared to consensus forecasts from February 2023 to mid-2025, the study reveals.…
502 Bad Gateway
BlackRock has identified its spot Bitcoin exchange-traded fund as one of its top three investment themes for 2025, alongside Treasury bills and major U.S. tech stocks.The asset management firm highlighted its iShares Bitcoin Trust ETF (IBIT) alongside the ETF that tracks Treasury bills and another focused on the “Magnificent 7” tech giants: Apple, Microsoft, Amazon, Alphabet, Meta, Nvidia, and Tesla.This year, IBIT has gathered over $25 billion in net inflows, ranking sixth among all ETFs, even as it falls short of broad index funds and continues to show negative returns for 2025.Nate Geraci, president of NovaDius Wealth Management, stated on…
In 2025, investors searching for both safety and growth unexpectedly agree that bitcoin BTC$87,628.17 has not succeeded in capturing either trade.This perspective is clear in a year-to-date analysis of major, widely followed assets, such as stocks, gold, the 10-year Treasury note, bitcoin, industrial metals like copper, and the dollar index.Gold, traditionally recognized as a safe haven and inflation hedge, has surged by 70% to a record high exceeding $4,450 per ounce, outpacing every other significant asset significantly. Copper, viewed as a gauge of global economic health, ranks second with a 35% increase, according to TradingView.The S&P 500 and Nasdaq have…
Recent data indicates that traders have established new Bitcoin positions on the perpetual futures market over the past day, with the Funding Rate suggesting a tendency towards long bets. Bitcoin Open Interest Sees an Increase As reported by on-chain analytics firm Glassnode, the prominent rise in Bitcoin to start the week coincided with an increase in Bitcoin perpetual futures Open Interest. “Open Interest” is a metric that tracks the total number of open BTC perpetual futures positions across all derivatives exchanges. An uptick in this metric indicates that investors are creating new positions in the market. This trend often comes…
The governance struggle at the DeFi lending and borrowing platform Aave is becoming increasingly costly for investors.The AAVE token has dropped approximately 18% in the last week, positioning it as the worst performer among the top 100 cryptocurrencies, while bitcoin, ether, and other major tokens have maintained stable or slightly positive performance.This selloff is particularly noteworthy in a market that has otherwise achieved some stability, indicating that the challenges are unique to Aave rather than indicative of a wider market trend.This decline comes amid an escalating internal conflict within Aave’s governance regarding the management of the protocol’s branding, domains, and…
According to a Bloomberg report that cites an insider, JPMorgan Chase is considering the possibility of offering bitcoin trading services to its institutional clients. The largest bank in the U.S. is evaluating potential offerings, which may include spot bitcoin trading and derivatives through its markets division. These discussions are still in the early stages, and no final decisions have been made to initiate these services, according to the report. Any potential launch would hinge on various factors, such as client interest, internal risk evaluations, and the bank’s ability to structure options that comply with current regulatory standards. JPMorgan has not…
XRP experienced a decline in the last 24 hours as its recovery from the weekend’s lows faltered below important resistance levels, leaving traders to evaluate early signs of stabilization against a still-weak technical backdrop.Market overviewXRP dropped approximately 0.9% during the 24 hours ending Dec. 23, falling from about $1.92 to $1.90 after failing to maintain upward momentum toward resistance around $1.95. The price movement stayed within a relatively narrow range, exhibiting total volatility of about 2.7%, indicative of uncertainty rather than capitulation.Selling pressure increased late Sunday as XRP was turned away at approximately $1.93, causing it to fall below the…