Bitcoin Halving Events No Longer Drive BTC Price, Report Says

Outlier Ventures’ new report claims the four-year Bitcoin halving cycle “is dead,” arguing that halving events no longer significantly impact bitcoin’s price due to a maturing crypto market. The report suggests the influence of halvings diminished after 2016, with recent price movements driven more by Bitcoin ETFs and macroeconomic factors, such as the post-Covid capital … Read more

Arthur Hayes: Bitcoin Could Slip to $50,000 — Altcoins Could Dive ‘Into the Gutter’

Arthur Hayes, co-founder of crypto exchange Bitmex, has warned of a scenario where bitcoin could “slowly leak lower towards $50,000” and “altcoins could dive deeper into the gutter.” Focusing on the impact of dollar liquidity and Federal Reserve policies, Hayes remains cautiously optimistic about the long-term outlook, expecting future monetary easing to benefit crypto. Arthur … Read more

Court Upholds $1,000 Cap on Daily Crypto ATM Withdrawals in California

A California Superior Court has upheld the Digital Financial Assets Law, which includes a $1,000 daily withdrawal limit for cryptocurrency ATMs. The law also requires crypto ATM operators to obtain licenses and comply with fee limits and new disclosures. California Court Upholds Bitcoin ATM Withdrawal Limit The California Department of Financial Protection and Innovation (DFPI) … Read more

Riot Pushes for Overhaul at Bitfarms Ahead of Key Shareholder Meeting

Riot Platforms Inc., the largest shareholder of bitcoin mining firm Bitfarms Ltd. with a 19.9% stake, issued an open letter calling for significant changes to Bitfarms’ governance ahead of the Oct. 29 special meeting. Riot criticized recent board changes as insufficient, emphasizing the need for independent directors to enhance shareholder value. The letter highlights concerns … Read more

Pump.fun’s Rapid Rise: Over A Million Tokens Launched, $91M In Revenue

Since its inception in January 2024, Pump.fun has seen a staggering amount of activity, with over a million tokens launched through the platform. In just the past 24 hours, 5,000 coins were introduced on @pumpdotfun, showcasing the platform’s continuous momentum. Over a million tokens launched from pumpfun since its creation in January of 2024. Share … Read more

Political Tokens Surge While Meme Coins Slump: A Tale Of Two Crypto Trends

This year, politically-themed tokens have taken the crypto market by storm, surging an impressive 782.4%, far outpacing the modest 90% rise seen in meme coins. Leading the charge is ConstitutionDAO’s token, PEOPLE, which boasts a market cap of $385.6 million—a staggering 494.3% increase since January. Similarly, the TRUMP-themed MAGA coin has seen a meteoric rise … Read more

Whale Faces Massive $3.54M Loss After Liquidating 14.95M BLUR On Binance

In a dramatic turn of events, a major crypto whale has moved 14.95 million BLUR tokens, valued at $2.18 million, to Binance at a significant loss. This whale, once the top staker of BLUR, is suspected of liquidating their entire position within the last 40 minutes. If these tokens are sold, the loss is expected … Read more

Tron’s Rise: 97% Of $TRX Holders In Profit As Network Gains Momentum

As August wrapped up, data from IntoTheBlock revealed that 97% of Tron ($TRX) holders are in profit, a remarkable indicator of confidence in the network despite ongoing bearish market conditions. Tron, a blockchain designed for building decentralized applications (dApps) similar to Ethereum, has been gaining traction, especially since the bear market began in 2022. While … Read more

TON Blockchain Sees Surge In Activity With 46 Million Transactions Amid $DOGS Airdrop Excitement

The TON blockchain is making waves in the crypto space, recently processing over 46 million transactions in just one week, fueled by the buzz around the $DOGS airdrop. As of August 2024, the TON ecosystem is proving to be both dynamic and robust, showing impressive metrics across various fronts that highlight its growing potential. The … Read more

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