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.
A recent survey from data aggregator CoinGecko revealed that only 55% of new cryptocurrency owners began their portfolios with Bitcoin, indicating a maturing market, according to analysts.A survey released on Monday, involving 2,549 crypto participants from CoinGecko, also found that 10% of respondents have never purchased Bitcoin (BTC).“In short, Bitcoin has become less likely to serve as the initial entry point over time, as various narratives and altcoin communities have emerged and gained popularity,” stated CoinGecko research analyst Yuqian Lim.Only 55% of new crypto owners who responded to CoinGecko’s survey began their portfolios with Bitcoin. Source: CoinGeckoAltcoin entry signifies a…
The atmosphere in the cryptocurrency market is tense after Bitcoin dropped crucial price levels this week, negatively impacting investor sentiment. This resulted in a significant decline of the Bitcoin Fear & Greed Index by 16 points in just one day, with it plummeting to 28 yesterday, marking its lowest point since March. As of this writing, the index has slightly rebounded to 33, yet it remains in the Fear territory. While this may cause unease among investors, historical trends indicate that such fearful conditions could actually be advantageous for Bitcoin holders. Related Reading Bitcoin Fear & Greed Index Falls To…
A recent survey by data aggregator CoinGecko revealed that only 55% of new crypto owners have Bitcoin in their portfolio, indicating a maturing market, according to analysts.A survey released on Monday involving 2,549 crypto participants from CoinGecko also discovered that 10% of respondents have never purchased Bitcoin (BTC).“In other words, Bitcoin is becoming less likely to be the initial asset for newcomers, as alternative narratives and communities are emerging and gaining popularity,” said CoinGecko research analyst Yuqian Lim.Only 55% of new crypto owners surveyed by CoinGecko began with Bitcoin in their portfolio. Source: CoinGeckoAltcoin entry signals a healthy marketSpeaking with…
A recent survey from data aggregator CoinGecko revealed that only 55% of new crypto owners began their portfolios with Bitcoin, indicating a maturing market, according to analysts.A survey conducted on Monday involving 2,549 crypto participants from CoinGecko also showed that 10% of those surveyed have never purchased Bitcoin (BTC).“In other words, Bitcoin has become less the primary entry point over time as other narratives and altcoin communities have emerged and gained momentum,” stated CoinGecko research analyst Yuqian Lim.Only 55% of new crypto holders from CoinGecko’s survey started with Bitcoin. Source: CoinGeckoAltcoin introduction signals a healthy market
Haider Rafique, global managing partner for government and investor relations at crypto exchange OKX, has expressed concerns that establishing a national Bitcoin (BTC) strategic reserve could negatively impact both BTC and the US dollar.Rafique informed Cointelegraph that if a government possesses large amounts of BTC, it could potentially influence prices by liquidating its holdings in the market, undermining BTC’s fundamental attributes as neutral, decentralized currency.He posed the question: “What happens in a few years if a new administration decides this was a bad idea?” Rafique continued:“Despite recent bipartisan support for crypto, it is essential to remember that administrative policies can…
According to market analyst James Van Straten, derivatives products like options contracts—financial instruments that grant investors the right, but not the obligation, to buy or sell an asset at a set price—are poised to propel Bitcoin (BTC) market capitalization to a minimum of $10 trillion. Van Straten noted that options and other derivatives draw in institutional investors and help stabilize markets against the pronounced volatility characteristic of digital assets. He pointed to the increasing open interest for BTC futures on the Chicago Mercantile Exchange (CME)—the world’s largest derivatives market—as a sign of change. Van Straten stated: “CME options open interest…
Derivative products, such as options contracts — financial tools that provide investors the right, but not the obligation, to purchase or sell an asset at a specified price — are projected to boost the Bitcoin (BTC) market capitalization to at least $10 trillion, as stated by market analyst James Van Straten.Van Straten noted that options and other derivatives entice institutional investors and help stabilize markets against the high volatility typical of digital assets.He highlighted the open interest for BTC futures on the Chicago Mercantile Exchange (CME), the largest derivatives marketplace globally, as proof of a transformation. Van Straten wrote: “CME options…
The concept of crypto treasuries has emerged as a significant trend in the current market cycle, reminiscent of investor attitudes during the late 1990s dotcom boom, which ultimately led to an approximately 80% decline in the stock market, as articulated by Ray Youssef, founder of the peer-to-peer lending platform NoOnes app.The same excessive investor mentality that propelled over-investment in early internet and technology firms during the dotcom meltdown persists today, bolstered by financial institutions’ involvement in crypto, Youssef informed Cointelegraph. He remarked:“Dotcoms represented an innovative wave in the nascent IT market, but the pursuit of investment capital also drew in…