News Summary

• Bitcoin's four-year cycle refers to what many believe is recurring historical pattern of boom and bust tied to the network's "halving" events.
• The cycle typically begins a major bull run in the year following a halving, a bear market peak, and a bottom about 12 to 13 months later.
• u.s. stocks are mixed, with the Nasdaq down 0.4%, the S&P 500 flat, and the DJIA up 0.3%.
• Micron Technologies (MU) continues with strong gains following its blowout earnings last night, with a 12.4% gain.