Pantera Capital’s adherence to the Bitcoin halving cycle enabled it to predict Bitcoin’s price with striking accuracy in 2022, underscoring how the asset’s supply schedule can influence valuations, even as skepticism about the cycles grows. In November of that year, Pantera published a price chart mapping Bitcoin’s (BTC) halving rallies and showing diminishing returns after
The projects with the most active users on a weekly basis in the cryptocurrency ecosystem have been announced. Near Protocol (NEAR) topped the list with 16 million active users, followed by Solana (SOL) with 14.8 million users and BNB Chain (BNB) with 14.5 million users. Weekly active user numbers and changes in active user numbers
Kazakhstan, one of the world’s largest bitcoin mining countries, has become the location of central Asia’s first spot bitcoin BTC$120,043.54 exchange-traded fund (ETF). Astana-based Fonte Capital said the Fonte Bitcoin Exchange Traded Fund OEIC (BETF) will start trading Aug. 13 on the Astana International Exchange (AIX). The ETF will be priced in dollars. Kazakhstan shot
Altcoins added to their rally during late Tuesday U.S. afternoon hours after Treasury Secretary Scott Bessent suggested the Federal Reserve should consider a 50 basis point rate cut at its upcoming September meeting. “The real thing now to think about is should we get a 50 basis-point rate cut in September,” Bessent told Fox News.
Circle (CRCL), the stablecoin issuer firm behind the USDC token, announced on Tuesday a secondary stock sale of 10 million shares. The company is offering 2 million of Class A common stock for sale, while selling stockholders are unloading another 8 million, according to an S-1 filing with the U.S. Securities and Exchange Commission (SEC).
Taylor Swift knows how to move markets, even if hers isn’t the New York Stock Exchange. On Tuesday at exactly 12:12 a.m. Eastern, Swift’s official website countdown hit zero, revealing the Grammy-winner’s next original studio album: The Life of a Showgirl. The announcement, her 12th studio record and first since The Tortured Poets Department, was
Tech billionaire Peter Thiel is backing yet another Ethereum treasury company—and the company’s stock has tripled in price on the development. According to a recent SEC filing, Thiel and related entities he manages purchased a 7.5% stake in 180 Life Sciences, a biotech company once focused on researching inflammatory diseases that recently pivoted to stockpiling
US Treasury Secretary Scott Bessent made noteworthy assessments of the FED in his statements to Fox Business. Bessent argued that the Fed should have cut interest rates in June, given accurate economic data. Bessent, who stated that the Trump administration is “open-minded” in selecting the Fed Chair, said they are looking for a vision for