It's Q4 of the fourth year in crypto's 4-year cycle, and it's crypto's fourth cycle since Bitcoin launched in 2009. And this means it's going to be up only until the end of the year. Right. Right. Right.Well, not necessarily. Even though the end of the year has historically been bullish for the crypto market, it's not going to be plain sailing. In fact, history suggests that volatility is likely to increase as we approach crypto's cycle top.And that's why today we're going to tell you everything you need to ...

"Long Live the King!" to be published later this week is a chart study of why the 4yr $BTC and #Crypto cycle doesn't apply this time. It was the most common question asked of me during @token2049 , i thot it best to expand on my reasoning via an essay. ...

RT Bull Theory (@BullTheoryio)THE 3RD ALTSEASON HAS JUST STARTED AND HISTORY PROVES IT 🚀First, there are three phases of every crypto cycle:- Pre-ALT Season- 60% Correction-Post-ALT Season (runs ~1 year, last 3 months give a sharp “banana-shaped” rally)⏰Cycle 1 ALTSEASON (Jan 2017 – Jan 2018): 350X:Ran for 1 year. Many remember Nov 2017, Dec 2017, and Jan 2018 as the “banana jump” months with explosive gains.⏰Cycle 2 ALTSEASON (Apr 2020 – Apr 2021):100X:Started 9 months earlier compared to Cycle 1.Most alts ...

Core Viewpoint - Coinbase Global Inc reported disappointing second-quarter earnings, leading to a decline in its stock price amid a busy earnings season [1] Group 1: Earnings Performance - Coinbase's revenues contracted 26% sequentially to $1.497 billion, while adjusted EBITDA declined by 45% to $512 million [2] - The company's earnings per share, excluding one-time items, were $1.45, missing the consensus estimate of $1.52 [4] - Total revenues of $1.50 billion missed consensus by 6%, although transaction revenues were slightly higher than estimates [11] Group 2: Market Position and Volumes - Industry trading volumes declined 26% sequentially, while Coinbase's volumes were down 40%, indicating a loss of market share [3] - The company highlighted a favorable macro backdrop for crypto markets, with July trading revenue of $360 million suggesting a run rate higher than expectations for the third quarter [5][12] Group 3: Analyst Ratings and Price Targets - JPMorgan maintained a Neutral rating and reduced the price target from $404 to $342 [2] - Goldman Sachs reaffirmed a Neutral rating but raised the price target from $305 to $348 [4] - Needham reiterated a Buy rating and raised the price target from $270 to $400, citing product expansion and opportunities within USDC [6] - Canaccord Genuity maintained a Buy rating with a price target of $400 [8] - Rosenblatt Securities reiterated a Buy rating and set a price target of $470 [11] Group 4: Future Outlook - Analysts expressed concerns about the growth in general and administrative expenses and technology development costs, but noted a strong recovery in crypto volumes in July [7] - The company is seen as a preferred partner for traditional finance players looking to enter the crypto space, supported by an improving regulatory landscape [9][10]