Crypto Reporter

Shalini Nagarajan

Crypto Reporter

Shalini Nagarajan

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Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

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July 14, 2025

The global crypto jobs market is heating up, just as Bitcoin smashed through $122,000 for the first time on July 14.

As interest in digital assets soars, a new study reveals where the most promising crypto careers are taking shape, and which countries offer the best mix of pay, opportunity and regulation.

A recent Taurex study shows the US tops the list, cementing its role as the world’s largest crypto ecosystem.

With 292 active job listings and an average salary of $148,100, crypto careers in the US now rival some of the best-paying roles in traditional finance. The country is also home to 170 crypto companies, reflecting a well-established infrastructure and supportive policy environment.

UAE Leads in Crypto Ownership, India in Company Count and User Base

Trailing just behind, the United Arab Emirates has carved out a stronghold of its own. The UAE not only offers the second-highest average salary at $111,483, but also boasts the highest Bitcoin ownership rate globally, at 27%. Online search interest in crypto jobs remains strong, displaying its appeal to both domestic and international talent.

Image Source: Taurex

India ranks third, driven by sheer scale. It hosts 173 crypto companies, the most of any country, and has the world’s largest number of Bitcoin owners by headcount. While average salaries trail behind at $83,687, India’s growing talent pool and expanding startup ecosystem make it a key player in the space.

Singapore comes in fourth, offering 72 active roles with an average salary above $100,000. The city-state leads all countries in search interest for crypto jobs, suggesting a high concentration of tech-savvy professionals looking to make a mark in Web3.

Top Crypto Salaries and Strong Policy Support Keep Europe in the Game

The UK rounds out the top five, with 66 listings and an average salary of $97,204. It also shows robust search interest and a stable regulatory framework, making it Europe’s most attractive destination for crypto talent.

Canada, Switzerland and Germany also place in the top ten, each offering six-figure salaries and maintaining solid regulatory standings. Switzerland, in particular, stands out for having the highest crypto regulation score at 9.5, while Germany leads Europe in job count with 84 listings.

Emerging Markets Like Poland Join Established Hubs in Crypto Job Boom

Further down the list, Hong Kong and Poland secure the ninth and tenth spots, respectively. Hong Kong’s crypto sector remains active, supported by strong search interest and competitive salaries. Poland, meanwhile, ranks high in job volume with 157 listings, though salaries remain more modest at just under $62,000.

With the crypto market now worth over $3.8 trillion and Bitcoin pushing into record highs, the demand for blockchain talent is climbing fast. From rising salaries to growing job listings and clearer regulations, crypto careers are moving into the mai nstream,and countries around the world are racing to draw in the best talent.

This article is based on research and analysis originally published by Matt Crosby. Bitcoin Magazine Pro.

Bitcoin has caused a wave in recent weeks, with Bitcoin prices surgeping beyond $95,000 a few months after months of performance. For many traders and investors, this shift marks the much-anticipated bull market revival. Question about everyone’s mind: Can Bitcoin ultimately beat the previous best of $108,000, or is this just another fleeting rally?

In this article, we will explore the factors driving Bitcoin’s recent momentum, diving into technical and chain data, discussing the broader macroeconomic context, and measure whether major cryptocurrencies can maintain this bullish drive.

Rapid rebound: recent surge in Bitcoin

Bitcoin prices previously experienced a significant drop of over 30%, falling from the all-time high of $100,000 to the $70,000 range. However, after a period of uncertainty, the cryptocurrency king regained its footing and returned to $90,000. This price recovery comes after a few months of integration phase that many consider to be a bear market structure. However, recent developments suggest that Bitcoin could be in the cusp of a massive breakout, supporting a new wave of Bitcoin price prediction models to take part in the debate.

Bitcoin Price Action has recently regained several important levels, including the Realised Price (STH Realised Price) for key short-term holders. Historically, short-term holders have achieved that prices serve as a level of support during bull markets. When this metric is reversed from resistance to support, it usually presents a robust foundation for even more upward movement.

Over the past few weeks, Bitcoin Price (BTC) has recovered levels of around $93,000 to $95,000, indicating that the market is preparing for a more substantial gathering. Given that the previous Bull Cycle saw similar behavior after regaining its major price levels, many are beginning to feel more and more bullish about the new all-time greatest potential in 2025.

On-Chain Data: Bullish Signs of Market Strength

When analyzing Bitcoin, it’s not just price action, but also chain data that matters. This data provides insight into the health of the network by understanding market participants’ behavior. The recent shift in long-term holder supply is one such indicator that points to Bitcoin’s enhanced outlook.

Over the past few months, Bitcoin has experienced an unusual pattern in which long term holders (people who have had Bitcoin for more than a year) could actively sell their holdings and lock in profits. This has led many to worry about Bitcoin prices approaching peak. However, recent data shows a reversal of this trend. Long-term holders have started to accumulate again. This is often a strong bullish signal in the Bitcoin market cycle. Historically, when long-term holders enter accumulation mode, they usually mark the beginning of a new bull phase.

Furthermore, the presence of ETF influx further strengthens this optimistic outlook. Over the past few weeks, Bitcoin ETFs have seen hundreds of millions of dollars flowing through them. This indicates an increase in institutional trust in Bitcoin. These influxes have been able to hold their position and even rallies despite a wider market correction, even in times of traditional markets like the S&P 500 facing volatility.

The role of the market fundamentals: Why do you feel this movement is different?

Currently, there is a fundamental change in the Bitcoin market. This suggests that this is not just a short rally. Bitcoin’s current upward momentum appears to be driven primarily by spot-driven purchases, rather than over-layer transactions. When Bitcoin prices rise due to increased spot demand rather than excessive leverage, this move is usually more sustainable and there is less trend towards sharp reversals.

One of the major factors behind this more organic upward pressure in Bitcoin prices is the decline in the US Dollar Strength Index (DXY). Over the past few weeks, DXY has been declining, indicating a decline in demand for the dollar. This trend has made risk-on assets like Bitcoin more attractive. As various monetary policy measures improve global liquidity, Bitcoin will benefit from this broad market trend. Reducing dollar strength indicates a potential change in investor sentiment, with more capital flowing into more assets and potentially superior in weaker dollar environments.

Furthermore, the correlation between Bitcoin and the traditional stock market, particularly the S&P 500, is an important factor to monitor. For most of 2023, Bitcoin has been a strong positive correlation with the stock market. This means that when the S&P 500s gather, Bitcoin tends to follow suit. Recent price action further suggests that Bitcoin’s bullish sentiment could be maintained, especially if traditional markets continue to rebound.

Macro factors: Global fluidity status

The broader economic context cannot be ignored. A large amount of liquidity was injected into global markets by the central bank from 2020 to 2022. This liquidity initially fueled asset inflation in all markets, but now shows signs of positive impact on Bitcoin.

Bitcoin has historically correlated with global liquidity trends, with recent data suggesting that increasing liquidity in the financial system is finally beginning to affect cryptocurrency markets. The recent surges in Bitcoin coincide with this increased liquidity, further strengthening the case of a longer-term bullish stage.

However, there are still important factors to consider. Global stock status and the potential to affect Bitcoin prices. The S&P 500 shows strong rebounds, but still faces resistance at key levels. Bitcoin prices are closely related to the broader performance of stocks, and Bitcoin outlook could also be curtailed if the stock market faces even more turbulence.

What’s next for Bitcoin: Over $100,000?

The $100,000 level is the immediate target for Bitcoin prices, but the real problem is: Can we break through this resistance and push it into the newest ever-highest territory? Recent recalls at key levels, such as the realised prices of short-term holders and the moving average (100 days, 200 days, 365 days), indicate that Bitcoin is in a strong position to once again test $100,000.

From a technical standpoint, Bitcoin is currently at the time of definition. If we can continue to build support beyond the $90,000 to $95,000 range, we will more and more likely to see a new all-time high. The next big resistance is probably around $108,000, the highest ever. If Bitcoin could break through that level, it would have been able to move rapidly towards a higher level, reaching an altitude of $130,000 in the next cycle.

However, there is always a possibility of retrace. If Bitcoin could not maintain its support level or if the global market conditions were bearish, the price could be reverted to the $80,000 range. Bearish retesting is a critical moment for the market as it could set the stage for more important negative aspects if support cannot be collected.

Conclusion: Bullish outlook with careful optimism

All signs indicate a potential Bitcoin rally with strong on-chain data, a favourable macro environment, and positive sentiment in the derivatives market. However, the key to maintaining this bullish momentum lies in Bitcoin’s ability to maintain current levels of support and navigate potential market modifications. The strong correlation with the S&P 500 remains an important element of viewing as stock recessions could affect Bitcoin price action.

In the coming weeks, all eyes will be the ability to reclaim Bitcoin’s $100,000 and set the best stage in new history. There is plenty of room for optimism, but traders need to be vigilant and ready for potential volatility. As always, the key to success in the crypto market is to remain data-driven and adapt to market conditions as they evolve.

To explore live data and provide information on the latest analytics, visit bitcoinmagazinepro.com.

Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always do your own research before making an investment decision.

08 April Bitfinex alpha | 2nd quarter macro type and prospects are still very positive

After a week ago, performance was relatively stable, but Bitcoin ended a week when it had almost unchanged, with only a slight decline that far exceeded traditional risk assets – it was clear that this was just a delayed negative response.

SPX, NASDAQ, DOW JONES INDUSRATION AVERAICT
Bitcoin from the beginning of 2025 (Source: TradingView)

The BTC/S&P 500 percentage has skyrocketed to a record high, showing relatively incredible strength, but the market is still in the sales phase. From the perspective of Bitfinex analysts, stocks are currently oversold, and a short-term recovery will help narrow the gap between Bitcoin and these metrics in the medium term. However, the trends in short-term sponsorship and open interest refer to future changes in Bitcoin. However, the foundation for the breakthrough at the end of the second quarter appears to be gradually forming. Once the major macroeconomic waves settle, ETF cash flows return and the narrative of sovereignty is re-exported, Bitcoin could escape dependence on stocks and regain its main position in the global risk asset group.

The US economy released work data in early 2025, building something more positive than expected, bringing a bit of a short-term joy. However, deep structural challenges are beginning to emerge as new tariff policies begin to strain manufacturing, price and labor market sectors. Job growth in March, led by the private services industry, hides potential instability when manufacturing and goods industries show signs of stress.

At the same time, tariffs (currently on average above 22%) have increased input costs in most industries, causing inflationary pressures and retaliation measures from key trading partners. Mortgage interest rates have led to a slight drop in construction spending in February, but inflation in raw materials such as steel, aluminum and wood has begun to tighten payment capacity. Production activity is in decline, with labor market indicators, particularly the number of hires and employment — showing a slower trend. The Federal Reserve remains cautious about inflation in uncertainty, but the big picture suggests that trade policy, not monetary policy, could be a major threat to economic growth next year’s quarter.

Average US tariffs (Source: Yale Budget Lab)

When it comes to news, the industry continues to advance aggressively. Japan is leading the modernization revolution by proposing cryptocurrency classification as a financial product and reducing income tax from cryptocurrencies to 20%. This is a move to promote investor participation and consolidate the country’s role as a global cryptocurrency centre. Meanwhile, Grayscale has applied to launch the Solana ETF fund spot, showing growing belief in alternative tier assets, paving the way for wider adoption of ETFs in Bitcoin and Ethereum. In parallel, BlackRock’s Buidl On-Chain Fund continues to dominate the cryptocurrency market, paying $4.17 million in March, holding nearly 40% of its market share. These parallel steps highlight the rapid convergence between traditional finance and blockchain technology, towards increasingly mature and accessible market infrastructure, compliance and friendly investors.

In short, macros are testing all the patience, but the light at the edge of the tunnel is still shining. Wait for what comes into the second quarter!
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]]> https://earlybirdsinvest.com/bitfinex-alpha-2nd-quarter-macro-type-and-prospects-are-still-very-positive/feed/ 0 29844 https://earlybirdsinvest.com/sec-postpones-altcoin-etf-decisions-but-2025-approval-prospects-remain-strong/ https://earlybirdsinvest.com/sec-postpones-altcoin-etf-decisions-but-2025-approval-prospects-remain-strong/#respond Wed, 12 Mar 2025 00:23:03 +0000 https://earlybirdsinvest.com/sec-postpones-altcoin-etf-decisions-but-2025-approval-prospects-remain-strong/

The US Securities and Exchange Commission (SEC) delayed various altcoin-based exchange-traded funds (ETFs) on March 11. According to Bloomberg ETF analyst James Seyffart, the approval odds for these ETFs this year are still relatively high.

Decisions on Grayscale’s filings for Dogecoin (DOGE), XRP, Litecoin (LTC), and Cardano (ADA) ETFs were delayed. The SEC also delayed decisions for XRP ETFs filed by Canary Capital, Bitwise, and 21shares. 

The regulator also postponed decisions on the Solana (SOL) ETFs filed by 21shares, Canary, and VanEck. Canary’s Litecoin filing was the last altcoin-related ETF delay.

Other crypto ETF delays include in-kind creation and redemptions for BlackRock’s IBIT, as well as Fidelity’s FBTC and FETH. 21shares also saw a delay in the proposal to include staking in its Ethereum (ETH) ETF.

Despite the delays, the SEC acknowledged Grayscale’s filing for a Hedera (HBAR) ETF and Bitwise’s DOGE-related filing.

Additionally, on March 11, Franklin Templeton filed an S-1 Form for an XRP ETF, joining a new altcoin exchange-traded product race.

High chances of approval

Seyffart assessed that the multiple delays were expected, as “this is standard procedure.” He added that Paul Atkins has not been confirmed as the new SEC chair, which is also a factor in the delays.

The analyst also highlighted that the final deadlines for an SEC decision on all ETFs are due in October and that the odds of approval are still relatively high.

In February, Seyffart and Bloomberg senior ETF analyst Eric Balchunas published their approval odds for Litecoin, Solana, XRP, and Dogecoin ETFs.

LTC leads the odds with a 90% probability of approval this year, with DOGE holding the second-largest percentage at 75%. SOL trails close behind with 70% chances, and XRP with a 65% chance of approval.

The analysts highlighted that these odds were less than 5% before President Donald Trump’s November election, making the new numbers relatively high.

Moreover, the odds for all ETFs listed by Balchunas and Seyffart could go up if regulatory conditions in the US improve even further.

Mentioned in this article

CME Group revealed the Solana (SOL) futures launch on Mar. 17, pending regulatory approval, citing increasing client demand. Nate Geraci, CEO of The ETF Store, noted that the development “definitely bodes well” for SOL exchange-traded fund (ETF) prospects.

According to a Feb. 28 statement, the new Solana futures contracts will be available in two sizes: a 25 SOL micro-contract and a 500 SOL larger contract. 

CME Group stated that these offerings are designed to accommodate a wide range of market participants, from institutional investors to active traders.

Giovanni Vicioso, global head of cryptocurrency products at CME Group, highlighted that the launch aims to address increasing client demand. He added:

“As Solana continues to evolve into the platform of choice for developers and investors, these new futures contracts will provide a capital-efficient tool to support their investment and hedging strategies.”

Moreover, industry figures such as Multicoin Capital’s Kyle Samani and Bitwise’s Teddy Fusaro noted that introducing SOL futures is a sign of market maturation, as sophisticated tools to manage crypto exposure are needed.

CME Group’s Solana futures will be cash-settled and benchmarked against the CME CF Solana-Dollar Reference Rate. The reference rate provides a standardized daily valuation of Solana in US dollars.

ETF odds boosted

Analysts view futures contracts as a spot crypto ETF approval requirement, as Bitcoin (BTC) and Ethereum (ETH) have followed this path. Gaining futures contracts could boost the chances of an SOL ETF approval.

According to Bloomberg ETF analysts Eric Balchunas and James Seyffart, the odds of a Solana ETF being approved in the US this year are 70%. The SEC recently acknowledged spot SOL ETF filings from five issuers earlier in February.

The documents were later included in the Federal Register between Feb. 12 and 18, meaning the SEC now has 240 days to respond to the filings, ending on Oct. 16. 

JPMorgan’s estimate, based on Bitcoin and Ethereum ETFs’ flows, predicted that Solana ETFs could capture $3 billion to $6 billion in net flows.

The post CME Group set to launch Solana futures on March 17, strengthening ETF prospects appeared first on CryptoSlate.