In just a few hours, cryptocurrencies have faltered under the weight of a major geopolitical event. Following Israeli strikes in Iran, over one billion dollars in positions were liquidated, taking with them the market's recent gains. This is not just a simple episode of volatility, but a tangible sign that these assets, which stem from a promise of sovereignty, remain exposed to real-world shocks.
While the bombs are falling, Solana climbs, XRP gets excited, and ETFs stir the crypto pot. Should we see geniuses or arsonists behind these digital surges?
American retail giants Amazon and Walmart are currently exploring the issuance of their own dollar-backed stablecoins. This initiative, still in the exploratory phase, could ultimately disrupt the online payment landscape and further reinforce the hegemony of the US dollar.
The stock market has its moods, but sometimes, it is mostly its fears. And this Friday, fear prevailed over everything else. An Israeli strike against Iran was enough to cause an immediate shock on global markets, reminding everyone that indices are never completely disconnected from the sound of bombs. In New York, the Dow Jones dropped more than 600 points right at the opening. A brutal collapse that owes nothing to chance, but everything to geopolitics. In this unstable equation, volatility has become the norm again, and the stock market a sounding board for the real world.
A scam involving NFTs is shaking up the world of professional football. In Spain, six high-profile players, including an Argentine world champion and two former stars of FC Barcelona, are the subject of a judicial investigation. Accused of lending their image to a blockchain project resembling fraud, they are said to have helped ensnare thousands of investors. The case, with complex financial ramifications, sheds light on the possible excesses when sporting fame and crypto technologies intertwine without safeguards.
While attention is focused on upcoming regulations and emerging ETFs, a lesser-known technical indicator is reshuffling the deck. XRP is seeing a fourfold increase in its realized market capitalization compared to that of Solana. This capital shift suggests a deeper and unexpected market dynamic, counter to the visible enthusiasm for Solana. Behind this metric, a change in investor perception seems to be emerging, giving XRP a central role once again in the altcoin arena.
Concerns grow over Malta’s quick crypto licensing under MiCA, raising questions about fair enforcement across the EU.
SharpLink innovates by becoming the first company listed on Nasdaq to hold a reserve of Ethereum.
Polkadot wants to trade its tokens for bitcoin in the midst of a cryptocurrency storm. A bold maneuver that shakes purists... and makes lurking maximalists smile.
Cardano is launching a strategic offensive in the field of decentralized finance. Charles Hoskinson, its iconic founder, is proposing to invest 100 million dollars in ADA to boost the DeFi ecosystem of the blockchain. But will this ambitious initiative be enough to reposition Cardano against an increasingly aggressive and innovative competition?