10x Research’s Markus Thielen says Bitcoin’s four-year cycle still exists but 10x Research’s Markus Thielen says Bitcoin’s four-year cycle still exists but

Bitcoin’s four-year cycle is intact, but driven by politics and liquidity: Analyst

2025/12/14 18:36

10x Research’s Markus Thielen says Bitcoin’s four-year cycle still exists but is now driven by politics, liquidity and elections rather than the halving.

Bitcoin’s long-debated four-year cycle is still playing out, but the forces behind it have shifted away from the halving toward politics and liquidity, according to Markus Thielen, head of research at 10x Research.

Speaking on The Wolf Of All Streets Podcast, Thielen argued that the idea of the four-year cycle being “broken” misses the point. In his view, the cycle remains intact, but it is no longer dictated by Bitcoin (BTC)’s programmed supply cuts. Instead, it is increasingly shaped by US election timelines, central bank policy and the flow of capital into risk assets.

Thielen pointed to historical market peaks in 2013, 2017 and 2021, all of which occurred in the fourth quarter. Those peaks, he said, align more closely with presidential election cycles and broader political uncertainty than with the timing of Bitcoin halvings, which have shifted throughout the calendar over the years.

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U.S. Court Finds Pastor Found Guilty in $3M Crypto Scam

U.S. Court Finds Pastor Found Guilty in $3M Crypto Scam

The post U.S. Court Finds Pastor Found Guilty in $3M Crypto Scam appeared on BitcoinEthereumNews.com. Crime 18 September 2025 | 04:05 A Colorado judge has brought closure to one of the state’s most unusual cryptocurrency scandals, declaring INDXcoin to be a fraudulent operation and ordering its founders, Denver pastor Eli Regalado and his wife Kaitlyn, to repay $3.34 million. The ruling, issued by District Court Judge Heidi L. Kutcher, came nearly two years after the couple persuaded hundreds of people to invest in their token, promising safety and abundance through a Christian-branded platform called the Kingdom Wealth Exchange. The scheme ran between June 2022 and April 2023 and drew in more than 300 participants, many of them members of local church networks. Marketing materials portrayed INDXcoin as a low-risk gateway to prosperity, yet the project unraveled almost immediately. The exchange itself collapsed within 24 hours of launch, wiping out investors’ money. Despite this failure—and despite an auditor’s damning review that gave the system a “0 out of 10” for security—the Regalados kept presenting it as a solid opportunity. Colorado regulators argued that the couple’s faith-based appeal was central to the fraud. Securities Commissioner Tung Chan said the Regalados “dressed an old scam in new technology” and used their standing within the Christian community to convince people who had little knowledge of crypto. For him, the case illustrates how modern digital assets can be exploited to replicate classic Ponzi-style tactics under a different name. Court filings revealed where much of the money ended up: luxury goods, vacations, jewelry, a Range Rover, high-end clothing, and even dental procedures. In a video that drew worldwide attention earlier this year, Eli Regalado admitted the funds had been spent, explaining that a portion went to taxes while the remainder was used for a home renovation he claimed was divinely inspired. The judgment not only confirms that INDXcoin qualifies as a…
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BitcoinEthereumNews2025/09/18 09:14