Over the years, the Bitcoin price has been through multiple bull and bear cycles, and with the cycles have come a rather consistent trend. As a result, crypto analyst will often use the historical performance of the coin to determine what might happen next. This time around, market expert PlanB has pointed to previous cycle performances that paint a bullish picture for Bitcoin going forward.

Tether, the issuer of the USDT stablecoin, announced its collaboration with Phoenix Group and Green Acorn Investments to develop a new stablecoin pegged to the United Arab Emirates Dirham (AED). The initiative is set to “lead the way” in seeking licensing under the country’s new regulatory framework and facilitate transactions.

On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) Ratio has recently been nearing in on a death cross formation.

Binance's hiring spree for compliance roles highlights the increasing regulatory pressures and the company's commitment to legal adherence.

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The government has reneged on its agreement to stop investigating his partner, claims former FTX executive Ryan Salame.   

The Shiba Inu ecosystem has taken a significant step forward with the introduction of a closed beta version of Shiba Eternity, its first game built on the Shibarium blockchain. Lucie, the Shiba Inu marketing lead, detailed the release schedule and features of the game in a comprehensive announcement on X today, marking a pivotal moment for the popular meme coin’s transition into a more utility-based ecosystem.

The anonymous trader’s Sun Wukong holdings surged to $750,000 at its peak, but he hasn’t sold a single token yet. 

Cardano (ADA) has seen a strong rally over the past week, up nearly 15% amid a broader recovery in the cryptocurrency market. The price spike also comes on the heels of Wednesday’s announcement of the final launch date for the blockchain’s much-anticipated Chang hard fork upgrade.

The Chang hard fork, described as a significant evolution for the Cardano network, is set to establish a minimum viable on-chain governance system as outlined in CIP-1694. This upgrade will be rolled out in two stages, with the first introducing core governance features to the blockchain.

Lawyers for Salame argue the Government “failed to abide by its word” by resuming its investigation into his partner, Michelle Bond.

Bitcoin’s volatility is now higher than it was on the day of its all-time high in March, with traders suggesting this could signal the end of the “massive consolidation.”