Bitcoin’s recent market trends prompt questions about whether the early 2024 bull run has ended or if there is still potential for further growth into 2025, aligning with historical post-halving peaks. According to CryptoQuant’s Bitcoin Bull-Bear Market Cycle Indicator, Bitcoin has transitioned into a bear phase after an overheated bull period earlier this year. In The post Bitcoin dips into bear market zone though realized price shows room for growth to $127,000 appeared first on CryptoSlate.

Today, Oct. 8, Crypto.com reported it has filed a lawsuit against the US Securities and Exchange Commission to challenge what it describes as the agency’s overreach in regulating the crypto industry. The company aims to protect the future of crypto in the United States by contesting the SEC’s authority and its methods of enforcement. It The post Crypto.com sues SEC for ‘illegal actions’ in crypto regulation following Wells Notice appeared first on CryptoSlate.

BitcoinOS (BOS) is set to integrate its Grail bridge with B² Network’s mainnet this year, enabling trustless bridging of BTC and Bitcoin assets using zero-knowledge proofs. This collaboration aims to secure over $110 million worth of assets on B² Network, a modular Bitcoin Layer 2 solution. BOS’s integration will leverage the ZK-based BitSNARK verification protocol, The post BitcoinOS and B2 Network to secure $110M in Bitcoin DeFi assets in 2024 appeared first on CryptoSlate.

Recent analyses indicate a significant positive correlation between rising inflation rates and increased crypto adoption worldwide. Countries experiencing high inflation are witnessing a surge in crypto usage as individuals seek alternatives to devaluing national currencies. Data compiled from Trading Economics show that nations like Argentina, Turkey, and Venezuela, which face inflation rates of 237%, 49.38%, The post High inflation vs regional conflict: Which leads to higher adoption of Bitcoin and crypto? appeared first on CryptoSlate.

Bitget exchange’s native BGB token plunged from $1.15 to $0.5344 on Oct.7 before partially recovering, causing concern among traders. The sudden volatility lasted about ten minutes, prompting Bitget to announce a compensation plan for affected users. At approximately 02:58 UTC, the token’s value dropped by 56% in just five minutes. Shortly after, BGB rebounded to The post BitGet suggests ‘sluggish market,’ Asian holidays caused BGB 56% drop, promises compensation for loses appeared first on CryptoSlate.