In its "Bitcoin Monthly" report, ARK Invest said that while Bitcoin's volatility spiked at the end of the fourth quarter, it was "not significant in historical context". Bitcoin's monthly volatility in December was relatively modest compared to its annual volatility, and the low relative volatility is a sign that Bitcoin has not yet entered the frenetic phase of its cycle, meaning further gains are likely, especially in a bull market. "Indeed, these data points suggest further upside in 2025," t...
Fidelity Digital Assets said in its 2025 Outlook report that Ethereum outperforms Solana in the long term due to fundamental factors such as developer activity, total lock-up value (TVL), and stablecoin supply, but Solana has an advantage in the short term due to its rapidly growing transaction speed and low costs. The report points out that Solana's revenue and TVL are growing faster, but its trend of relying on memecoin trading is strong in a bull market and may weaken in a bear market. In con...
Crypto Dan, an analyst at CryptoQuant, said in a January 6 article that the bull market, which began in January 2023, is likely to reach a cyclical peak in Quarter 1, 2025, or by the second quarter at the latest. "With a significant influx of new investment and additional funding from existing investors, we can reasonably expect the market to be in the late stages of this cycle right now," the article said. The post said: "Therefore, the expected sharp rise in bitcoin and counterfeit products is...
MoonPay said in a Dec. 30 notice that the Dutch financial marekt authority has granted the cryptocurrency firm a license under the European Union Crypto Asset Market Regulation Act (MiCA) to operate as a licensed crypto business in the Netherlands.
Brentstone, a contributor to the privacy public chain Namada, said in the community forum that the Namada mainnet practice run will be extended until November 28, with mainnet genesis (phase 1) taking place next week (sometime between December 2 and 6).
In its market analysis, 10x Research said that after the Federal Reserve cut interest rates, the market trend has changed significantly, and investors' preference for DeFi and high-beta assets has begun to rise. Several key themes emerged at the Token2049 conference, hinting at the impact of interest rate cuts on the revival of DeFi. For example, the tokenization of physical assets showed that the market demand for tokens on the Treasury chain has decreased, because lower interest rates have mad...
In a footnote to its amended complaint against Binance, the SEC said that when the term "crypto-asset securities" is referred to, it does not refer to the crypto assets themselves, but to the set of contracts, expectations and understandings by which those assets are sold. In fact, the SEC only uses the term as a "shorthand". The SEC also claims that it has always held this position, and mentions that a similar post script was also used in the case against Telegram. However, to clarify matters, ...
Representatives of Libya's legislature said in a statement that the legislature reached an agreement after UN-sponsored talks to appoint a central bank governor within 30 days. (Media Correction: Non-Libyan Central Bank Governor Says)
On August 28th, 10x Research said in its latest analysis that the recent bitcoin market rally was strategic, with $65,000 critical to paper profits. As expected, FOMC meeting notes and Powell's dovish stance fueled the bitcoin rally, with a potential short squeeze pushing up the bitcoin price. However, despite its forecast of a 10% gain, those gains have now been fully reversed, and as September approaches, significant risks are beginning to emerge.
Celsius bankruptcy administrators said in its first payment status report that more than $2.53 billion has been distributed to about 251,000 creditors. The payments were made in liquid cryptocurrency and cash at Jan. 16 prices. Administrators said in court papers filed Monday that they cover about two-thirds of all eligible creditors of cryptocurrency lenders, or about 93 percent of eligible value. Another 121,000 eligible creditors have an average share of about $1,500, but have yet to successf...
On August 22nd, 10x Research said in its latest analysis that Bitcoin has risen by 4% since yesterday, in line with its bullish outlook. Bitcoin made a decisive upward move, breaking through the...
10xResearch said in its latest analysis that Bitcoin tried to rally yesterday, but failed to break out of the triangle shape. However, with the changing election odds (this chart is a must-see) and a slightly favorable risk appetite environment, Bitcoin may try to break out upwards again. Still, there are still...
In its latest market analysis, 10x Research said that the ETH/BTC exchange rate has declined by 37% since the Ethereum merger on September 15, 2022. The exchange rate has repeatedly encountered resistance at the upper boundary of the descending channel and found support near its lower edge. In anticipation of the release of US CPI data this week, we observed a rebound in the exchange rate, possibly driven by short covering. Ethereum developers continue to advance scaling solutions, primarily...
In its report, Matrixport said the fourth quarter was positive for bitcoin. It noted that it is currently in the middle of the third quarter, and bitcoin is experiencing its most challenging quarter by convention. The price of bitcoin has begun to lose momentum recently, and coupled with the coming period of weakness, the challenging trading environment is likely to continue for several weeks. However, the market expectation for bitcoin in the fourth quarter is good. From a technical perspective...
10X Research said in its report that while the Fed's statement remained flexible and did not explicitly indicate a rate cut in September, Chairperson Powell's comments in the ensuing question-and-answer session hinted at the possibility of a rate cut, depending on expected lower inflation. Previously, Powell said that the Federal Reserve will only start cutting interest rates when the situation of multiple interest rate cuts is clear enough. If the Federal Reserve continues to cut interest rates...