As per the recent analysis conducted by on-chain analytics firm IntoTheBlock, Bitcoin’s historical cycles indicate a potential significant rally in 2025. The firm suggests that the average duration between Bitcoin’s halving events and the subsequent peak is around 480 days. This calculation leads to the prediction of the next peak in the summer of 2025.
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In the midst of a recent decline in the price of Bitcoin, Michael Saylor, the co-founder and chairman of MicroStrategy, has made a strong statement that has captured the attention of the crypto community. With the Crypto Fear and Greed index indicating extreme fear in the market, some investors may be feeling the urge to
The recent announcement by Figure Markets regarding its request for access to specific company records at Ionic Digital under Section 220 of the Delaware General Corporation Law has shed light on potential misconduct by the Board of Directors. This move, in collaboration with shareholder Veton Vejseli, aims to investigate actions that may have disadvantaged shareholders
Peter Brandt, a veteran commodities trader, recently shared his concerns about the current state of Bitcoin. He highlighted a significant drop in Bitcoin’s price, with a nearly 6% decline over a 24-hour period. This decline saw Bitcoin fall from the $56,500 mark to $53,200, marking its lowest level since February 25 of the same year.
Bybit, the second-largest cryptocurrency exchange in the world, has recently published its Block Scholes Crypto Derivatives Analytics Report which delves into the current state of the cryptocurrency market. The report reveals a significant decrease in perpetual open interest following a spike after an early August sell-off. This decline in open interest suggests diminishing confidence in
The once unstoppable Bitcoin rallies have seemingly come to an abrupt halt, leaving many in the cryptocurrency market wondering if further bull runs are a thing of the past. Experts and investors alike are painting a grim picture, suggesting that the days of exponential growth may be over. What was once a market filled with
The experts at Spot On Chain, an AI-powered on-chain analytics platform, have provided insights into why Bitcoin could potentially experience a positive September this year. They have identified five key reasons to support this hypothesis. Firstly, there is a historical trend where nearly 43% of negative Augusts have been followed by positive Septembers, suggesting a
The cryptocurrency market has been experiencing a bearish sentiment over the past week, with the total market cap currently standing at $2.04 trillion. This represents a 0.39% decrease over the last day, causing concern among investors as the market cap approaches the significant $2 trillion mark. Bitcoin, the largest cryptocurrency in terms of market capitalization,
The cryptocurrency market is bracing itself for a potentially tumultuous month of September, as upcoming economic data releases, particularly those related to employment, could have a significant impact on the performance of digital assets. It is crucial to examine how these events might shape the digital asset landscape and traditional markets in the coming weeks.
Peaq, a groundbreaking blockchain platform, is gearing up for the launch of its layer-1 blockchain platform between September 22 and September 30. This announcement has sparked excitement within the blockchain community, as Peaq aims to revolutionize decentralized infrastructure networks (DePIN) and bring about a new era of possibilities in the world of blockchain technology. Peaq,