Since its inception, Bitcoin has experienced roller coasters. While some analysts predict dizzying heights for the cryptocurrency, others remain skeptical about its short-term prospects. However, hope is rekindled with the bold prediction from BitQuant, an influential technical analyst, who forecasts that Bitcoin could reach $80,000 by the end of May and $95,000 in June.
Thanks to Web3 and crypto, visionary projects like MetaFight offer new interactions with their communities. In this case, MMA fans are finally getting the ultimate fan experience they've been dreaming of. Get ready to step into a new dimension where blockchain disrupts all the rules and thrusts you into the spotlight.
Among revolutionary announcements, technological advancements, and regulatory turbulence, the crypto ecosystem continues to prove that it is both a territory of limitless innovations and a battlefield of regulatory and economic challenges. Here is a summary of the most significant news from the past week concerning Bitcoin, Ethereum, Binance, Solana, etc.
Uniswap has revealed its substantial crypto holdings while announcing a crucial vote on a new fee mechanism!
The crypto universe is in perpetual motion, oscillating between spectacular rises and sharp falls. Recently, an analysis by Kaiko highlighted an intriguing trend: hedge funds are adopting net short positions on bitcoin (BTC) and ether (ETH) futures contracts. This strategy reveals a cautious approach in the face of uncertain market dynamics and underscores the complexity of speculative movements in the cryptocurrency derivatives sector.
60% of Americans still struggle to grasp the concepts of blockchain in 2024, despite the growing enthusiasm for crypto!
In the race to become the leading blockchain, Solana and Ethereum have long been leading the way. However, a new bold player is entering the scene: Archethic. With its revolutionary ARCH consensus, this contender promises to redefine the standards of scalability, crypto security, and energy efficiency that have so far hindered the widespread adoption of blockchains.
Donald Trump resurfaces with bold promises in favor of cryptos, just in time for the 2024 presidential elections. Committing to protect the rights of crypto holders and to oppose CBDCs, Trump attracts the attention of tech-savvy voters. This pro-crypto stance, well-received by some, nonetheless raises doubts. Is it a genuine conviction? Is it an electoral strategy to attract a new electorate?
Stock market: The CAC 40 is navigating in anticipation awaiting the Fed's decisions regarding interest rates. Details!
The BRICS countries are actively working on creating a single currency, a project recently confirmed by Kazem Jalali, the Iranian ambassador to Russia. This initiative aims to reduce global dependence on the US dollar and promises to disrupt the global economy if it comes to fruition. This currency could reshuffle the deck of global economic power, but also deeply impact the dollar. Here are three concrete ways in which the BRICS currency will affect the US dollar.