Introduction: The Four-Year Cycle No Longer Holds SwayBitcoin has long been recognized for its distinctive four-year cycle, driven by programmed supply cuts known as halvings. However, changes in global regulatory and macroeconomic landscapes are now challenging the primacy of this pattern, prompting investors and analysts to reconsider the forces underpinning Bitcoin’s price behavior and market s...
Read MoreBitcoin Stalls Below $95K as US Crypto Bill Raises Market ConcernsBitcoin's price hovered near the $95,000 mark on Friday, as the world’s largest cryptocurrency paused its recent rally amid growing uncertainty stemming from legislative developments in the United States. Trading activity slowed following news surrounding a key crypto bill in Congress, amplifying investor caution.Market Performance:...
Read MoreSui Blockchain Experiences Significant Mainnet DisruptionSui, a rising layer one blockchain platform developed by Mysten Labs, confronted a notable technical challenge on June 20, 2024, when its mainnet suffered a significant outage. The unexpected standstill resulted in a complete halt to block production, halting every on-chain activity for several hours and drawing immediate attention from the...
Read MoreNYC Token Under Fire as Major Liquidity Withdrawal Triggers Community AlarmThe NYC token, a project based on Solana’s blockchain, has come under intense scrutiny following a recent event that saw approximately $2.5 million in liquidity removed from its pool. This action caused the token's value to plummet, leaving traders outraged and sparking widespread allegations of a rug pull within the crypto...
Read MoreFederal Reserve Faced With Backlash Over Expensive Renovation PlansThe Federal Reserve Bank of New York is at the center of a debate surrounding a scheduled renovation of its iconic building – a costly project estimated at $2.5 billion. In a period marked by economic volatility and worries about inflation, public interest in the central bank's unprecedented expenditure has grown, prompting questio...
Read MoreMounting Pressure on the Federal Reserve and Its LeadershipAs the United States grapples with economic uncertainty, the Federal Reserve, led by Chair Jerome Powell, has become the focus of growing public and political scrutiny. Decisions surrounding interest rates, inflation management, and monetary policy have led some observers to question the central bank’s long-touted independence. Critics arg...
Read MoreMeta Reduces Reality Labs Headcount as Part of Broader Cost StrategyMeta, the parent company of Facebook, has enacted a workforce reduction of roughly 10% in its Reality Labs division, the group responsible for the company’s metaverse projects. The move comes as the tech giant continues to recalibrate its priorities and streamline operations amidst evolving market conditions and past commitments t...
Read MoreStandard Chartered Sets Sights on Crypto Prime Brokerage Service Standard Chartered, one of the UK's leading financial institutions, is making significant strides towards launching a dedicated crypto prime brokerage platform. The move signals a deepening engagement with digital assets by a traditional banking giant, marking an important moment in the evolving relationship between mainstream financ...
Read MoreMicroStrategy Expands Bitcoin Holdings with Major AcquisitionMicroStrategy, a business intelligence firm known for its bold approach to cryptocurrency investment, has announced the purchase of an additional 13,627 bitcoins. The move enhances the company’s reputation as one of the most prominent institutional holders of Bitcoin in the world.Details of the Latest Bitcoin AcquisitionThe company confi...
Read MoreSolana's Price Surges Amidst Subdued Network ActivitySolana (SOL), a leading smart contract blockchain, has witnessed a notable upswing in price this week. Yet, the network's adoption metrics paint a more nuanced picture, suggesting that investor enthusiasm may outpace actual on-chain engagement. As Solana rebounds in tandem with the broader digital asset market, observers are questioning whether...
Read MoreEthereum Charts Path Toward Greater Censorship ResistanceLeaders within the Ethereum ecosystem are championing a new vision for building blocks on the network to proactively address the persistent threat of censorship. This approach, focusing on distributed block construction, aims to limit centralization risks and reinforce the blockchain's neutrality—a core principle underpinning the protocol’s...
Read MoreBitcoin’s Market Movements Aligned with Historic Four-Year CycleThe cryptocurrency market closely watches Bitcoin’s price dynamics, and recent analysis by Capriole Investments indicates the digital asset is currently following its well-known four-year cycle. This phenomenon, tied to Bitcoin’s halving events, is once again being referenced by analysts as price action and investor behavior mirror pr...
Read MoreStablecoin Cards Poised for Breakthrough by 2026A recent report by crypto investment firm Dragonfly forecasts a significant surge in the adoption of stablecoin-linked payment cards over the coming years, with mainstream usage anticipated to expand notably by 2026. The analysis points to the convergence of blockchain innovation and traditional financial systems as a key driver set to revolutionize...
Read MoreBitcoin Approaches $90,000 as Technical Indicators Signal Renewed BullishnessBitcoin’s price is once again at the center of attention after a flurry of technical signals suggest the world’s most prominent cryptocurrency may be gearing up for another major move. As the market hovers around the pivotal $90,000 threshold, analysts spotlight the importance of key technical measures, particularly the R...
Read MoreBitcoin Holds Steady Around $91,000 Amid Market UncertaintyBitcoin maintained a narrow trading range near the $91,000 level on Friday, as market participants awaited crucial economic data from the United States and monitored evolving geopolitical events. The world’s largest cryptocurrency displayed resilience despite wavering risk appetite throughout the broader financial markets.Focus on U.S. Non...
Read MoreTrueBit Suffers Exploit: Price Drops as Hacker Mints Millions of TokensThe decentralized computation protocol TrueBit has found itself in crisis after an exploit allowed a hacker to mint millions of its TRU tokens, sending the token price crashing. The incident has reignited concerns over the security of smart contracts in decentralized finance (DeFi) and the wider crypto ecosystem.A Sudden Exploi...
Read MoreTruebit Faces Crisis After Multi-Million Dollar Token ExploitThe decentralized computing protocol Truebit is embroiled in controversy after a significant exploit allegedly allowed attackers to flood the market with newly minted TRU tokens. This incident has not only dented the protocol’s credibility but sent shockwaves through its ecosystem, dragging the TRU token’s price down by nearly half in a...
Read MoreXRP Takes Center Stage in the 2024 Cryptocurrency LandscapeAs 2024 unfolds, XRP has rapidly become one of the most closely watched digital assets, outpacing numerous rivals with robust price gains and renewed enthusiasm among market participants. The token, often associated with cross-border payments, has attracted significant investor interest and media coverage, earning a reputation as this year...
Read MoreXRP Takes Center Stage After a Strong Start in 2024XRP, the digital asset native to the Ripple network, has experienced an impressive surge in momentum in the early months of 2024. As broader market optimism continues to lift major cryptocurrencies, XRP has carved out a prominent place for itself, igniting fresh excitement among investors and market observers alike. This strong start has led to XR...
Read MoreBitcoin Heavyweights Boost Holdings Amid Market CorrectionLarge-scale Bitcoin investors, commonly referred to as whales and sharks, are actively accumulating the cryptocurrency following a recent market downturn. This behavior, highlighted by the data analytics platform Santiment, signals growing bullish sentiment among top holders despite near-term price volatility.Whales and Sharks: Who Are They...
Read MoreXRP Leads Market Gains as Price Nears Critical $2.20 ThresholdXRP has recently caught the attention of investors and analysts with a striking price surge that brings it close to the significant $2.20 mark. The latest rally, which sees XRP outperform major cryptocurrencies, coincides with renewed optimism across the broader digital asset market and a notable uptick in capital flowing into cryptocur...
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