Bitcoin holders moved over 367,000 BTC on May 18, worth over $25 billion, recording a yearly high in the value of Bitcoin transactions.
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Previously known as Okcoin Europe, OKX began serving users in the Netherlands in 2021 after registering with the Dutch Central Bank.
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Bitcoin’s trajectory could reach new highs, with predictions placing its value between $130,000 and $150,000 by late August to early September 2025. This forecast by crypto expert Peter Brandt follows the recent April 20 halving, an event reducing mining rewards by half, historically catalyzing significant price surges. Brandt’s analysis draws from patterns observed in previous cycles, suggesting a consistent mid-cycle timing for halvings and subsequent peaks in market value.
Despite current fluctuations, with Bitcoin trading at $67,882 after a high of $73,679 in March, the market shows potential for considerable growth. Brandt notes a 25% probability that the peak may have already occurred but maintains optimism based on past bull markets. If Bitcoin fails to set new records and falls below $55,000, however, he anticipates a possible shift toward exponential decay, highlighting the volatile yet hopeful landscape of cryptocurrency investment.
Maple Finance launches Syrup, a DeFi protocol offering secured institutional lending, amid lingering skepticism from the FTX-Alameda fallout.
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Frax Finance’s X account was hacked on June 1 without a password breach, leading CEO Sam Kazemian to suspect insider involvement.
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Stephen Richardson’s view aligns with Bloomberg’s ETF analysts, who expect the spot Ether ETFs to capture 10-20% of the flows that Bitcoin ETFs did at launch.
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Cointelegraph speaks to the once-anonymous founder of Nirvana Finance, revealing how one random Telegram message led to the capture of the exploiter that stole $3.5 million from the protocol.
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Linea said it halted the sequencer as a “last resort” action to prevent additional funds from bridging out but intends to decentralize in the near future.
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Only 10.6% of the total Ether supply is currently on centralized crypto exchanges, its lowest level in years.
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Trader Peter Brandt says Bitcoin’s bull run is following similar past post-halving cycles, and if it holds it could reach $130,000 by late next year.
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