The current CAGR (4-year Compound Annual Growth Rate) for #B

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The current CAGR (4-year Compound Annual Growth Rate) for #Bitcoin is 63%. This means that on average over the last four years, the value of $BTC has increased by 63% each year.

The current CAGR (4-year Compound Annual Growth Rate) for #Bitcoin is 63%. This means that on average over the last four years, the value of $BTC  has increased by 63% each year.

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On this day in 2018, former Forbes contributor Panos Mourdoukoutas made a bold prediction: IBM will defeat Bitcoin. "IBM is working on more than 400 blockchain projects worldwide [...] the technology that created Bitcoin will ultimately undermine it."

Evening News from CrypticNews Hub 1. In May, there were around 30 hacking incidents in the cryptocurrency sector, resulting in losses of $574.6 million USD. 2. The Hong Kong Securities and Futures Commission updated its list of virtual asset trading platforms, and 11 platforms were recognized as licensed. 3. The U.S. Securities and Exchange Commission issued an investor alert about five common cryptocurrency scams. 4. The official X account of Frax was hacked, please do not click on any links. 5. Polyhedra responded to Matter Labs: Do not create a monopoly in the name of community and industry development, and we hope to withdraw the trademark application for ZK. 6. Paradigm researcher: Uniswap postponed the vote on "UNI staking and delegation rewards" due to pressure from a certain VC. 7. JupiterDAO: The influence of whales on the DAO has been exaggerated, using the LFG Phase 3 voting data as an example . 8. Sanctum introduced a second-layer LST system and launched a certified partner program. 9. U.S. Senator Cynthia Lummis: Biden missed an opportunity to "correct" his stance on the crypto industry. 10. Franklin Templeton, head of digital assets: We must work closely with the SEC, and its attitude is changing.

Seasonality provides a tailwind: June tends to be a strong month for U.S. stocks in the fourth year of the U.S. presidential cycle.

In May 2024, there were about 30 hacks in the crypto space, resulting in losses of approximately $574.6 million and hackers' profits of around $385 million. This represents an increase of approximately 666% compared to April 2024.

There is a direct correlation between how people vote on the decline of #Bitcoin and how they open short positions with taker orders.

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