ADA Shows Bullish Strength After Extended Downtrend Cardano (ADA) recorded a sharp 8% price surge, signaling renewed bullish momentum after weeks of sustained downside pressure. ADAUSD rebounded strongly from a well-defined demand zone near the $0.33–$0.34 level, an area previously marked by a weak low and liquidity sweep. Price action confirmed a clear change of character (ChoCH) followed by a break of structure (BOS), indicating that buyers have regained short-term control. This move pushed ADA back above the $0.37–$0.38 range, which now acts as an important intraday support area. The impulsive bullish candle suggests strong participation rather than a low-volume…
Author: Bitxjournal Team
Legislation Targets Use of Nonpublic Government Information in Political Betting A proposed US bill is set to tighten rules around prediction markets after a trader reportedly earned over $400,000 in profits by betting on the capture of Venezuelan President Nicolás Maduro. The incident has intensified scrutiny over whether material nonpublic government information is being exploited on rapidly growing political wagering platforms. The legislation, titled the Public Integrity in Financial Prediction Markets Act of 2026, would prohibit federal officials, political appointees, and executive branch employees from trading on prediction markets tied to government policy or geopolitical outcomes if they possess privileged…
Strong Opening Day Signals Renewed Institutional Demand for Crypto ETFs US-based spot Bitcoin and Ether exchange-traded funds began 2026 with a strong resurgence, recording $646 million in combined net inflows on the first trading day of the year. The robust performance comes despite lingering caution across the broader cryptocurrency market following a volatile end to 2025. Bitcoin ETFs Lead Inflows Spot Bitcoin ETFs attracted $471.3 million in net inflows, marking their largest single-day inflow in 35 trading days. This was the strongest showing since mid-November, signaling renewed interest from large investors after a subdued December. Bitcoin ETFs continue to dominate…
Geopolitical Shock Fails to Disrupt Bitcoin’s Market Stability Bitcoin demonstrated notable resilience as geopolitical tensions between the United States and Venezuela escalated sharply, an event that dominated global headlines over the weekend. While risk-on assets often react negatively to sudden geopolitical shocks, Bitcoin’s price remained largely stable, reinforcing its evolving role in global markets. Bitcoin Price Action Amid Geopolitical Tension Following reports of US airstrikes on Caracas and the capture of Venezuela’s president, Bitcoin briefly dipped below the $90,000 level before quickly recovering. At the time of writing, BTC was trading near $90,000, showing limited volatility compared to historical reactions…
Strategic Diversification and Capital Expansion Drive Outperformance Hut 8 closed 2025 with solid momentum, distinguishing itself in a year that proved difficult for much of the Bitcoin mining sector. While many miners faced shrinking margins and rising costs, Hut 8 strengthened its balance sheet, diversified revenue streams, and delivered strong equity performance, positioning the company for long-term resilience. Credit Expansion and Major AI Infrastructure Deal A key milestone was Hut 8’s expansion of its credit facility with Coinbase to $200 million, providing additional liquidity for general corporate purposes. This followed a landmark $7 billion agreement with AI cloud provider Fluidstack,…
Rising Federal Debt Highlights Contrast With Bitcoin’s Fixed Supply Model The United States national debt climbed beyond $38.5 trillion on January 3, coinciding with Bitcoin Genesis Day, the anniversary of the first block mined on the Bitcoin network in 2009. The timing underscored a long-running comparison between fiat debt expansion and Bitcoin’s hard-capped monetary system. US Debt Reaches Historic Levels According to real-time government tracking data, total US debt now exceeds $38.56 trillion, reflecting years of persistent deficit spending. In 2025 alone, the government added an estimated $2.2 trillion, averaging roughly $6 billion per day. For perspective, it took more…
Deal Momentum Signals a Maturing Digital Asset Industry Crypto dealmaking surged in 2025, marking a turning point for the digital asset sector as clearer regulation and rising institutional participation reopened long-awaited exit paths. With mergers, acquisitions, and public listings reaching multi-year highs, industry participants widely expect deal momentum to extend into 2026. Crypto IPO Market Shows Strong Revival Public listings made a notable comeback in 2025. Eleven crypto-related IPOs raised approximately $14.6 billion globally, a sharp contrast to the muted activity seen in 2024. Companies reaching public markets shared common traits: predictable revenue, established product-market fit, and scalable business models…
Institutional adoption, interoperability, and hardened infrastructure signal a new phase for decentralized finance The year 2025 marked a period of consolidation for major layer-1 blockchains, with Ethereum and Solana taking distinct but complementary paths. Rather than chasing speculative growth, both networks focused on strengthening core infrastructure, improving scalability, and preparing for broader real-world financial adoption. These efforts are now setting the stage for what many see as a DeFi reboot in 2026. Ethereum Focuses on Interoperability and Institutional Use Ethereum’s progress in 2025 was driven by rising institutional participation and steady advances in scaling. Lower transaction costs and more mature…
NEAR Protocol outperforms broader crypto market amid renewed short-term momentum The crypto market started the new year with renewed momentum, pushing several altcoins higher as investor sentiment improved. Among the notable movers, NEAR Protocol surged roughly 9%, outperforming much of the broader market as traders rotated into established layer-1 networks during the rally. Market data shows NEAR bouncing from key support levels, triggering renewed buying interest. The move followed weeks of consolidation, during which sellers gradually lost control. As price pushed higher, short-term momentum indicators flipped positive, encouraging traders to re-enter positions that had previously underperformed. Technical Break Adds Confidence…
Security data shows sharp decline in losses, while attackers adapt tactics during market rallies Crypto phishing activity linked to wallet drainers declined sharply in 2025, with total losses falling to $83.85 million, representing an 83% year-over-year decrease from nearly $494 million in 2024. While the drop signals improved user awareness and defenses, security researchers caution that the drainer ecosystem is still active and evolving, especially during periods of heightened market activity. The number of affected users fell to 106 victims, a 68% reduction compared with the prior year. Despite the improvement, phishing losses continued to track crypto market cycles, rising…