Frank Richard Ahlgren III, an early bitcoin investor, was sentenced to two years in prison for falsifying his tax returns to conceal capital gains from the sale of BTC.
The world of crypto is adding a new historical chapter. Société Générale, through its subsidiary SG-Forge, and the Banque de France have completed a revolutionary transaction based on the Ethereum blockchain. This repurchase of securities (or repo), the first tokenized operation of its kind involving a central bank in the Eurozone, redefines the prospects for integration between traditional finance and digital innovations.
Cryptos continue to disrupt financial norms and attract increased interest from institutional investors. Among them, Bitcoin stands out for its pioneering role and as a safe haven. Currently, a report from Matrixport has shaken the crypto community with a bold prediction: Bitcoin could reach $160,000 by 2025. This projection is based on several strategic factors, including the rise of Bitcoin ETFs, which symbolize significant institutional adoption, and favorable transformations in the global macroeconomic framework. Thus, such elements reinforce the perception of Bitcoin as an essential asset, capable of becoming more dominant in investment portfolios.
"Between technological shores and headwinds, Nvidia navigates. China strikes, not for a monopoly, but to challenge the hegemony of American chips. A fight where every chip counts."
Bitcoin miners have earned over 70 billion dollars since the creation of the Bitcoin network. An analysis reveals that BTC users have paid miners a total of 71.49 billion dollars, which represents just 3.6% of the record market capitalization of 2 trillion dollars reached by Bitcoin.
The year 2023 marked a significant break in the evolution of the wealth of French households. After eight consecutive years of growth, it experienced a decline to 14,567 billion euros, a drop of 0.9% compared to 2022. This downturn, confirmed by a study from Insee and the Bank of France, sheds light on profound changes in the French economy. Mainly attributable to the drop in real estate prices, this phenomenon reflects the impact of recent monetary decisions, notably the increase in the European Central Bank's key interest rates, which has raised the cost of loans and dampened demand. Real estate, once an essential driver of household wealth, has been at the center of this crisis. Furthermore, prices, down by 4.7%, have weighed heavily on national wealth, although the 8.3% increase in financial assets has partially mitigated the losses.
The crypto exchange Coinbase is currently at the center of a major controversy. BiT Global Digital Limited, a company based in Hong Kong, has filed a lawsuit for sabotage and anti-competitive practices against Coinbase, claiming over 1 billion dollars in damages! Here are the details.
Bitcoin has reached a historic milestone with an astounding transaction volume of $131 trillion, signaling massive institutional adoption and unprecedented maturity in the crypto market.
Amidst the tumult of whales and the shine of profits, Uniswap dances with the hope of a rise... or a plunge.
Bitcoin is experiencing an unprecedented surge, with a price surpassing the symbolic threshold of $100,000. In this context of spectacular ascent, a major deadline is approaching rapidly: December 27. Bitcoin options worth a record $19.8 billion are set to expire. This event marks a significant milestone for the market, as it is likely to redefine short-term price dynamics and influence the strategies of investors, whether retail or institutional.