News

On October 13, it was reported that AlphaTON Capital Corp., a listed company on a certain exchange, disclosed that it had purchased an additional 300,000 TON tokens on the open market. Together with the 1.1 million tokens bought the previous week, the total accumulated increase now exceeds 1.4 million tokens. The company stated that no liquidation events occurred during this period, most of its TON assets are uncollateralized, and its asset-liability ratio remains at a low level of 0.07.

Jinse Finance reported that Ark Invest stated in its recently released Q3 Bitcoin Quarterly Report that in the past two halving cycles, Bitcoin reached its peak approximately 530 days (about 18 months) after the halving day. The peaks in the previous two cycles occurred in December 2017, with a price of $19,587, and in November 2021, with a price of $67,589. April 20, 2024, was the most recent Bitcoin halving day, which is now nearly 18 months ago. This suggests that, at least from a cyclical perspective, the current BTC bull market cycle is already in its later stage.