Ethereum ‘Window of Weakness’ To Last Three To Four More Weeks, According to Benjamin Cowen – Here’s What He Means

Zcash has seen a strong surge in recent weeks as demand for privacy coins grows across the market. ZEC’s rise stands out due to its limited correlation with Bitcoin, allowing it to perform independently during periods of volatility.  This unique behavior has fueled renewed interest and helped strengthen ZEC’s upward momentum. Zcash Is Independent Zcash’s correlation with Bitcoin currently sits at -0.78, signaling a strong negative relationship. This means ZEC is moving in the opposite direction of BTC, which is highly beneficial at a time when Bitcoin is trading near $90,000 after several days of decline. ZEC’s ability to decouple from BTC enables it to avoid broader market pullbacks. This negative correlation has remained intact since early November, reinforcing ZEC’s resilience. As long as the correlation stays below zero, Zcash will be less vulnerable to Bitcoin-driven sell-offs.  Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. ZEC Correlation With Bitcoin. Source: TradingView Macro indicators also suggest favorable conditions. Zcash’s liquidation map reveals that short sellers should approach the market with caution. If ZEC climbs to $788, roughly $51 million worth of short positions could be liquidated. This creates an additional incentive for traders to avoid bearish strategies. Large liquidation clusters often discourage short positions and can fuel further upside as forced liquidations amplify price movement. For ZEC, reaching these levels would disrupt bearish sentiment and provide additional support for continued appreciation. Zcash Liquidation Map. Source: Coinglass ZEC Price Has A Lot Of Room To Grow Zcash trades at $671, sitting just below the $700 resistance level. The altcoin has gained 65.5% since the start of the month. This reflects strong market participation and growing interest from both retail and institutional traders. If momentum continues, ZEC could rise toward $1,000, which sits 49% above current levels. Achieving this target within 10 days is possible if investor support remains consistent. To reach $1,000, ZEC must first break through and convert the $700, $800, and $900 levels into support. ZEC Price Analysis. Source: TradingView However, if selling pressure increases, ZEC could lose momentum and fall to $600. A deeper correction may push the price toward $520, invalidating the current bullish thesis, leaving the altcoin vulnerable to a crash.

The post The $40 Million ‘Free Money’ Glitch in Crypto Prediction Markets appeared on BitcoinEthereumNews.com. In brief Researchers found $40 million in “risk-free” profits from mispriced markets on Polymarket in one year. Prices on some markets didn’t add up to 100%, letting traders lock in guaranteed gains. The same inefficiencies likely exist on other platforms like Myriad and Kalshi, though arbitrageurs help correct them. A new academic paper suggests there’s been a steady stream of “free money” lying around on Polymarket—and smart traders have been scooping it up. The paper, Unravelling the Probabilistic Forest: Arbitrage in Prediction Markets, is the most detailed look yet at how mispricing creeps into crypto’s most popular prediction platform. The researchers combed through a year of data, from April 2024 to April 2025, and found thousands of instances where market prices simply didn’t add up. In some cases, the prices of “Yes” and “No” shares in a single market didn’t sum to one dollar as they theoretically should, creating a risk-free profit for anyone quick enough to pounce.  In other cases, the mispricing was more subtle, involving logically related markets. For example, a market on “Trump wins the presidency” might trade at very different odds than “Republican wins the presidency,” even though those outcomes are tightly linked. By buying and selling combinations of these contracts, a savvy trader could lock in a profit no matter what happens. The researchers estimate more than $40 million in profits have already been pulled from the system by arbitrageurs, traders who specialize in sniffing out and exploiting these kinds of inconsistencies. Far from being a theoretical curiosity, this is a live and lucrative business model. Is this pattern true across all prediction markets? What’s striking is how common these opportunities are. The study found more than 7,000 markets with measurable mispricing, many in highly liquid, closely watched contracts. “Prediction markets are often treated…

First, it should be clarified that both I and my organization hold both ETH and SOL, so holding SOL doesn't give me the right to criticize ETH. ETH's problems are long-standing and won't be ignored by the market simply because of previous hype. Ethereum resembles a feudal, international NGO—bureaucratic, decentralized, and focused on procedural justice. Vitalik Buterin is like the Zhou emperor, prematurely losing centralized power, turning L2 into feudal lords, with very limited proportions of their finances being remitted to the central government. It's even somewhat similar to the Commonwealth of Independent States after the collapse of the Soviet Union, or the Commonwealth of Nations after the fall of the British Empire, though even that connection is barely tenuous. Furthermore, will ETH become like IBM? Microsoft, Amazon, and Nvidia are all worth trillions, while IBM is still sitting there: it's a very branded company, exporting technology and empowering others everywhere, but ultimately its business isn't about taking the entire market (the tax model is the strongest business, like Amazon taxing merchant transactions, and Google taxing global merchants' advertising spending), but rather becoming an organization that licenses tech licenses (and ETH licenses are free, so everyone can use EVM). Another recurring issue is the developer culture where those who are close to the foundation and can flaunt their relationship with it are considered to have "legitimacy" and can enjoy more favor from investors and the community. This centripetal, sycophantic culture runs counter to Ethereum's original mission. Furthermore, I overheard some private conversations among major Wall Street institutions that Wall Street players are coming to ETH for two reasons. Firstly, it's the oldest, most reliable, and reputable public blockchain. Secondly, many of them want to launch permission chains, and ETH's technology in this area has been proven over many years. This approach is essentially using ETH like IBM; it seems that the thinking of Wall Street institutions is remarkably similar to that of Chinese financial institutions. In contrast, Solana exhibits a typical startup team culture—focused, efficient, and with strong execution. Its business model is a unified, integrated system, with a single coin supporting the entire system. Its developer culture resembles Burning Man: young, passionate, and highly experimental, closer to campus hacker culture. From a team and culture perspective, I still feel Solana is more like a multinational tech startup team. Regardless, in the end, everyone is working together to put global assets on the blockchain. Competition is a good thing for all of us.