Graduated from Sciences Po Toulouse and holder of a blockchain consultant certification issued by Alyra, I joined the Cointribune adventure in 2019. Convinced of the potential of blockchain to transform many sectors of the economy, I committed to raising awareness and informing the general public about this ever-evolving ecosystem. My goal is to enable everyone to better understand blockchain and seize the opportunities it offers. Every day, I strive to provide an objective analysis of the news, decipher market trends, relay the latest technological innovations, and put the economic and societal issues of this ongoing revolution into perspective.
The month of July is often a turning point for Bitcoin. A period when the crypto asset shows signs of recovery after significant declines. As July of this year draws to a close, BTC is still struggling to break the $70,000 mark. Investors are wondering if the crypto could still surprise before the end of the month.
Hopes for the introduction of new crypto ETFs face notable skepticism, despite the recent approval of an ETF on ether. Indeed, the head of digital assets at BlackRock, Robert Mitchnick, has recently expressed reservations about the future of ETFs for altcoins like Solana and XRP. His comments have sparked mixed reactions within the industry.
The recent introduction of Ethereum spot ETFs marked a significant milestone for the incursion of crypto assets into traditional finance. However, Wall Street's reaction has been less enthusiastic than expected. A report by 10x Research highlights that many traditional investors still struggle to fully grasp the potential of these funds. This uncertainty is reflected in the recent performance of these financial products.
India is considering lifting some restrictions on Chinese investments, a potential turning point in the economic relations between the two Asian giants. This initiative aims to bridge technological gaps and boost domestic production by targeting specific sectors deemed non-sensitive.
Bitcoin is in a full correction after briefly crossing the $68,000 mark. JP Morgan analysts, however, predict a persistent downward trend. This forecast raises questions about the trajectory of the crypto asset's price.
On July 26th represents a key date for the crypto market, especially for Bitcoin. In fact, a colossal sum of 5.5 billion dollars in Bitcoin options is expiring. This event follows massive transactions and redistributions that have shaken the market. It particularly tests traders' strategies in a volatile market.
A recent statement by Elon Musk regarding the economic state of the United States has sparked a wave of reactions. By claiming that the country is heading towards bankruptcy, Musk has drawn the attention of financial and political observers. This statement, made on the social network X, raises crucial questions about the stability of the American economy and the future of the dollar.
The BRICS alliance continues to strengthen its position on the global stage. After consolidating its dominance in the oil and gas sectors, the group now holds a significant share of the world's rare metal reserves. These strategic resources could provide a crucial advantage to the alliance in international trade.
Facing a prolonged war, international financial strategies are taking a new turn. The European Union has announced a bold plan to use the accrued interest from frozen Russian assets to support Ukraine. This initiative has triggered a strong reaction from the Kremlin.
Spot Ether exchange-traded funds (ETFs) have made an explosive entry into the financial market. Officially launched on July 23, these ETFs recorded an impressive trading volume on their first day of trading. Their exceptional performance heralds a new era for the integration of crypto assets into traditional financial markets.
Real Bedford FC, an English football club playing in the lower divisions, has taken a decisive step towards achieving its sporting ambitions. The club has recently invested several million dollars in bitcoin. A financial strategy aimed at ensuring the stability and long-term sustainability of the club.
Bitcoin's dominance in the crypto market is strengthening, while altcoins are experiencing a concerning freefall. A situation that reminds investors of the volatility and fluctuating dynamics of the crypto market.
The recent performance of XRP, the altcoin developed by Ripple, illustrates a period of volatility marked by legal developments and favorable market trends. As investors closely scrutinize the progress of the trial between Ripple and the SEC, positive signals are emerging and heavily influencing the value of the crypto asset.
As the crypto market experiences a period of fluctuating valuations, analysts at JPMorgan provide a crucial perspective on the sustainability of this recovery. In a recent report, they expressed skepticism regarding the durability of the current rebounds, particularly for bitcoin.
Bitcoin, Ethereum, XRP, Binance, here are the main crypto news of the week, to stay updated on the evolution of the ecosystem.