XRP at most important level this year so far
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CryptoQuant CEO Predicts Longest Bitcoin Bull Cycle in History
The current Bitcoin bull cycle might be unlike any other in the cryptocurrency’s history, according to CryptoQuant CEO Ki Young Ju . In a recent post on X, Ju suggested that steady inflows of new liquidity are fueling Bitcoin’s upward momentum, with untapped market potential poised to extend the cycle even further. If accurate, this projection could solidify Bitcoin’s position as a long-term asset class, ushering in a new era of sustained growth and adoption . What Makes This Bull Cycle Unique? 1. Consistent Liquidity Inflows Ju emphasized that the current market is seeing steady and sustainable liquidity , contrasting with previous cycles that often relied on speculative bubbles. Institutional Investment : Increased participation from traditional finance players, including Bitcoin ETFs, has brought more stability to the market. Retail Participation : Retail investors are also contributing to liquidity, driven by greater awareness and access to crypto markets. 2. Untapped Potential Emerging Markets : Countries like India, Brazil, and Turkey are witnessing a surge in crypto adoption, adding new layers of demand. New Financial Products : Innovations like Bitcoin-backed loans and decentralized financial products are expanding Bitcoin’s use cases. Historical Bull Cycles vs. Current Trends Cycle Start Year Duration Peak Price Key Driver First Cycle 2011 8 months $31 Early adoption. Second Cycle 2013 12 months $1,150 Increased exchange activity. Third Cycle 2017 18 months $19,600 Retail speculation. Fourth Cycle 2020 24 months $69,000 Institutional investment. Current Cycle 2023 Ongoing $108,000+ Sustainable liquidity inflows. The current cycle is characterized by slower but steadier growth , which Ju suggests could extend its duration beyond previous peaks. Factors Extending the Bull Cycle 1. Institutional Momentum ETFs : Products like BlackRock’s Bitcoin ETF are attracting significant capital. Corporate Treasury Investments : Companies like MicroStrategy and Tesla continue to hold Bitcoin, signaling long-term confidence. 2. Evolving Global Macro Trends Inflation Hedge : Bitcoin’s role as a hedge against inflation is gaining recognition amid global economic uncertainties. Geopolitical Instability : Countries facing economic instability are turning to Bitcoin as an alternative to fiat currencies. 3. Technological Advancements Layer-2 Scaling Solutions : The Lightning Network and similar innovations are improving Bitcoin’s usability for everyday transactions. Cross-Chain Interoperability : Enhanced connectivity between Bitcoin and other blockchain ecosystems is increasing its utility. Potential Risks to the Bull Cycle 1. Regulatory Uncertainty Stringent regulations in major markets like the U.S. and EU could dampen momentum. Ongoing debates over stablecoins and CBDCs could shift investor focus away from Bitcoin. 2. Market Overheating Prolonged cycles often lead to over-speculation , increasing the risk of a sharp correction. 3. Black Swan Events Geopolitical crises or major technological failures could disrupt market dynamics. FAQs Why does Ki Young Ju believe this will be the longest Bitcoin bull cycle? Ju cites steady liquidity inflows and untapped markets as key factors driving sustained growth, unlike previous cycles that were often fueled by speculative mania. What could extend Bitcoin’s bull cycle further? New financial products, increased institutional participation, and adoption in emerging markets could continue to fuel the cycle. What risks could cut this bull cycle short? Regulatory changes, market overheating, and unforeseen events like major hacks or geopolitical crises could pose significant risks. How does this cycle compare to the 2017 bull run? Unlike 2017, which was largely driven by retail speculation , the current cycle is supported by institutional adoption and sustainable liquidity inflows . When might the current cycle peak? While no timeline is guaranteed, analysts suggest the current cycle could extend well into 2025 , depending on market conditions. Conclusion The current Bitcoin bull cycle has the potential to become the longest and most significant in history. With institutional backing , growing adoption, and steady liquidity, Bitcoin is moving toward greater mainstream acceptance. However, investors must remain vigilant about potential risks, as prolonged cycles often come with challenges. As the crypto market evolves, Bitcoin continues to prove itself as a resilient and transformative asset in the global financial landscape. To learn more about the innovative startups shaping the future of the crypto industry, explore our article on latest news , where we delve into the most promising ventures and their potential to disrupt traditional industries. U.Today
CFTC chief Rostin Behnam resigns, urges stronger crypto oversight
Rostin Behnam will step down as CFTC chair on Jan. 20, advocating for disciplined crypto regulation and a renewed focus on oversight. The post CFTC chief Rostin Behnam resigns, urges stronger crypto oversight appeared first on Crypto Briefing . U.Today