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A bullish cycle, launched from the April 9, 2025 low, continues to develop as a five-wave impulse. Starting from that low, wave ((1)) peaked at 1948.6, followed by a wave ((2)) pullback to 1794.3. The Index then rallied in wave ((3)), reaching 2296.5. Wave ((4)) formed a double-three structure, with wave (W) ending at 2224.2,…

The United States Treasury Department has escalated its crackdown on illicit crypto activity, redesignating the Russian-linked cryptocurrency exchange Garantex Europe OU and sanctioning its successor platform, Grinex. The move follows years of allegations that Garantex processed more than $100 million in transactions tied to ransomware groups, darknet markets, and other cybercriminal operations. OFAC Targets Garantex…

Bitcoin mining operators are putting less of a strain on Paraguay’s power grid than engineers initially feared, the nation’s power provider says. Per the Spanish-language news outlet Criptonoticias, the comments came from Félix Sosa, the President of the National Electricity Administration (ANDE). Speaking at a recent blockchain technology-related conference, the power chief said that crypto…

Dominating the $2.3 trillion crypto market, Bitcoin smashed a new all-time high (ATH) price record in the early hours of trading today UTC. It hit $124,128 before declining 2.1% to its current price of $121,100. The achievement has reignited speculation that a long-anticipated post-halving bull run may finally be underway. Investor interest has expanded beyond…

China’s sophisticated AI DeepSeek predicts that XRP, Pepe, and Shiba Inu could deliver standout gains in the months ahead, potentially setting up a nice Christmas for HODLers. Market signs seem to support that view. Today, Bitcoin hit a new all-time high (ATH) of $124,128, exactly one month after its previous historic peak of $122,838, suggesting…

Citigroup is exploring a major expansion into the digital asset space, with plans that could put the $2.57 trillion banking giant at the center of stablecoin custody, crypto ETF infrastructure, and blockchain-based payments. Speaking to Reuters, Biswarup Chatterjee, Citi’s global head of partnerships and innovation for its services division, said the bank is looking at…

The market’s baseline Solana price prediction has improved dramatically this week as the token rose above $200 for the first time since February. In the past 30 days, SOL has accumulated gains of nearly 28% as altcoin season has officially kicked off. Ethereum (ETH), Solana’s top rival, has surged near $5,000 as well, confirming that…

Stablecoins are set to capture $1 trillion in annual payment volume by 2030 and could comprise 10% of the U.S. money supply, fundamentally reshaping monetary policy as they hold 25% of the U.S. Treasury bill market with a $2 trillion supply, according to new research from Keyrock and Bitso. The comprehensive report, shared with Cryptonews,…

U.S. Treasury Secretary Scott Bessent clarified in a Fox News interview on August 14 that the U.S. will not be buying Bitcoin for its Strategic Bitcoin Reserve. U.S. Bitcoin Reserve Won’t Be Bought, Scott Bessent Says Speaking with Fox News reporter Maria Bartiromo on Thursday, Bessent revealed that while the U.S. has its eyes on…

ChatGPT’s XRP analysis has revealed a strong 5.37% pullback to $3.10, testing key support levels, as a $1 billion crypto market liquidation in under an hour triggers institutional profit-taking. At the same time, Ripple’s CTO confirms the XRP Ledger is ready for global financial infrastructure, positioning XRP for a potential bounce from support at $2.99…