Crypto Trading Volume Plummets In Year-End Holiday Slowdown, But Bitcoin Shows Resilience

As 2024 winds down, the cryptocurrency market is experiencing a significant drop in activity. Trading volume across crypto sectors has fallen 64% over the past week compared to the previous one, which saw Bitcoin reach its all-time high. This decline, particularly among speculative altcoins, aligns with a common year-end pattern as traders shift focus to … Read more

Hyperbitcoinization and Supercycle Hype Heats Up: Is Bitcoin’s Four-Year Cycle Dead?

2024 has been a banner year for bitcoin, and this weekend on Reddit, the crypto community dove into a lively debate about the leading digital currency’s cycles. Bitcoin enthusiasts pondered whether the classic four-year halving cycle could lose its forecasting mojo. From Predictable Pasts to Revolutionary Futures Although bitcoin has ridden through numerous rollercoasters of … Read more

Numerology Combined With Strategy? Tether’s Bitcoin Holdings Soar Past 83,000 BTC

Blockchain sleuths have flagged a notable acquisition: on Dec. 30, 2024, a bitcoin address believed to be linked to stablecoin issuer Tether added 8,404.48 BTC to its reserves, valued at a cool $772 million. Blockchain Detectives Spot $772M Bitcoin Transfer to Tether Tether, known for issuing the largest stablecoin by market cap, now holds a … Read more

Bitgo CEO Highlights Shift Toward Bitcoin Among Companies

Mike Belshe, CEO of Bitgo, a cryptocurrency services provider, has highlighted the growing interest among companies in adopting bitcoin as part of their reserve portfolios. Belshe remarked that the shift to a more favorable administration and the existence of ETFs have driven this change. Bitgo CEO Remarks on Change of Stance Regarding Bitcoin in the … Read more