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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Gary Gensler's departure is "a done deal," who will be the next chairman of the SEC?
Gary Gensler's departure is "a done deal," who will be the next chairman of the SEC?

Among the 8 major candidates, "Crypto Mom" has no intention of seeking the SEC chair position, while "Crypto Dad" is currently in the lead.

Chaincatcher·2024/11/07 14:55
Analysis of the FOMC Meeting's Paradox: Why Did Bond Yields Rebound After Rate Cuts?
Analysis of the FOMC Meeting's Paradox: Why Did Bond Yields Rebound After Rate Cuts?

This "free money" game ultimately benefits only a few people.

Chaincatcher·2024/11/07 14:55
What's next for the crypto industry following Donald Trump's election victory?
What's next for the crypto industry following Donald Trump's election victory?

With Donald Trump securing victory in the U.S. presidential election and the prospect of a Republican-controlled House and Senate, speculation has begun on what’s next for the crypto industry ahead of his Jan. 20 inauguration.The crypto community wants to see Trump’s campaign promises — including appointing a crypto-friendly SEC Chair, commuting the sentence of Ross Ulbricht, and creating a national strategic bitcoin reserve — fulfilled.

The Block·2024/11/07 12:22
Flash
  • 22:21
    BTC breaks above $89,500
    The market shows that BTC breaks through $89,500, now at $89,502.5, up 3.03% in 24 hours, the market fluctuates, please do a good job of risk control.
  • 22:21
    BTC falls below $88,000, up 1.53% on the day
    The ticker shows that BTC has just fallen below $88,000 and is now at $87,935.90 per coin, up 1.53% intraday.
  • 21:57
    Analyst: Potential Peak in Bitcoin Price Could Come Around Late May 2025
    A potential peak in Bitcoin's price could come around the end of May 2025, a Copper report estimates based on historical data. The analysts examined the historical growth of Bitcoin's market capitalisation during different bull and bear market cycles, and concluded that Bitcoin's cycles last about 756 days on average. As of now, Bitcoin is on day 554 of the current cycle, which begins around mid-2023, the analysts said. According to the report, ‘Based on the average cycle duration, this timeline suggests that Bitcoin could peak in about 200 days, in mid-2025.’ The report also noted that Bitcoin's expected peak could coincide with the likelihood of a U.S. recession. The analysts highlighted a report by JPMorgan Chase, which said there is a 45 per cent likelihood of a recession occurring in the second half of 2025, which overlaps with their predicted timing of Bitcoin's peak.
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