April and October are traditionally strong months for Bitcoin, and historical data suggests a strong rebound before June.
On March 16th, as per Cointelegraph's report, analyst Timothy Peterson pointed out in a new chart analysis that Bitcoin is on the verge of entering the traditional strong months - the "Golden Window Period" consisting of April and October. If the historical seasonal pattern repeats, Bitcoin is expected to soar to $126,000 by June 1st, compared to the current price of $82,967, indicating a more than 50% increase.
Peterson stated that the current Bitcoin price is close to the lower limit of the historical seasonal fluctuation range. In his chart analysis, he emphasized, "Historically, Bitcoin has spent only 4 months below the trend line on average. The red dashed trend line points to the $126,000 target on June 1st, which closely aligns with the high-speed breakout pace after a corrective phase in historical bull markets. Data shows that there have been five corrections of over 20% since 2023, but each correction has been followed by a stronger rally. The bull market is not over; the cur
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Only 3 days left until the Federal Reserve interest rate decision, with only a 2% probability of a rate cut in March.
March 16: Based on the data from CME's "FedWatch Tool", there are 3 days remaining until the next FOMC meeting (the rate decision will be announced at 2 am Beijing time on March 20). The likelihood of the Fed cutting rates by 25 basis points in March is 2%, while the probability of no change is 98%.
The probability of the Fed cutting rates cumulatively by 50 basis points by May is 0.5%, the probability of a cumulative 25 basis point rate cut is 27.7%, and the probability of no change is 71.8%.
4 minutes ago
Mubarak's Wallet Address Floating Profit Increases to $1.2 Million
On March 16th, as monitored by ai_9684xtpa, due to a test purchase at CZ's donation address, the balance of the Mubarak leaderboard address "0x970...0a710" has risen to a floating profit of $1.2 million, with a return of 1058 times. The address still retains 13 million Mubarak tokens.
4 minutes ago
Mubarak's market cap briefly surpassed $92 million, with a 24-hour price increase expanding to 85.8%.
On March 16th, based on the data from
GMGN, due to the previous "CZ Buys Mubarak" news, the market capitalization of Mubarak briefly exceeded 92 million US dollars. Currently, it is reported at 84 million US dollars, with a 24-hour price increase of 85.8%.
BlockBeats reminds users that meme coins usually lack practical use cases and experience significant price fluctuations. Therefore, investment should be approached with caution.
4 minutes ago
Circle has minted an additional 10 billion USDC on the Solana blockchain in 2025.
On March 16th, as per the monitoring of OnchainLens, two days ago when Circle minted an additional 2.5 billion USDC on the Solana network. As of now, the USDC minting by Circle on the 2025 Solana network has reached 10 billion USDC.
4 minutes ago
New York Stock Exchange listed company Cango has disclosed receiving a takeover offer from Enduring Wealth Capital Limited.
On March 16th, as per a report from PR Newswire, the New York Stock Exchange-listed company Cango disclosed that it has received a preliminary non-binding letter of intent from Enduring Wealth Capital Limited (EWCL). This letter is intended to acquire 10 million shares of Class B common stock from the company's co-founder at a mutually agreed purchase price. Furthermore, the letter of intent also mandates that the Cango founders voluntarily convert all the remaining Class B common shares they hold into Class A common shares and resign from the board and executive positions.
BlockBeats had previously reported that Cango, a NYSE-listed automobile trading service provider, holds a total of 1,944 Bitcoins. In November 2024, Cango entered the Bitcoin mining field by investing $400 million to acquire a hash rate of 50 EH/s, promptly becoming one of the largest miners in the world, providing approximately 6% of Bitcoin's network hash rate. For reference, the world's largest publicly traded m
4 minutes ago
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