Finance News

The world of crypto is catching its breath: Bitcoin (BTC) has surged to $27,400, marking a 10% increase over the past week. Additionally, the open interest on BTC also saw a 10% rise in just 3 hours yesterday. However, this situation is evoking familiar sentiments among investors, reminiscent of the temporary surge on August 29th, following Grayscale's victory over the SEC. Are we witnessing a similar scenario?

In a world where bitcoin fever continues to gain momentum, a new chapter looks set to open, promising far-reaching upheavals in the global financial landscape. A veritable tidal wave seems to be in the making, orchestrated by asset management titans who control colossal fortunes. These giants, armed with their trillions, are ready to invest massively in bitcoin. Such an incursion could well redefine the financial paradigms we know today. But what if a significant fraction of this financial windfall were to make its way into the crypto market?

Tokenization of real-world assets is already a reality. The days of procrastination are over. The Australia and New Zealand Banking Group (ANZ), one of Australia's four largest banks, has just completed its first transfer of tokenized assets. For the crypto ecosystem, this is a victory worth celebrating. Made possible by Chainlink's cross-chain interoperability protocol, this initiative officially ushers in the era of fusion between the crypto world and that of traditional finance.

While the United States, through the SEC and CFTC, grapples with regulatory challenges in the cryptocurrency market, Germany is forging ahead. Currently, numerous German banks have already stepped into the exciting world of cryptocurrencies, and some local financial institutions believe it's time to embark on this adventure. This includes the Stuttgart Stock Exchange, which plans to launch crypto staking next year.

Visa, the payment services giant, is making cryptocurrencies and the underlying blockchain technology a cornerstone of its growth strategy. In recent months, the company has been actively involved in this direction, with numerous initiatives related to cryptocurrencies. While Visa's previous crypto-related activities showcased its enthusiasm for blockchain, they didn't reveal much about the company's long-term plans. In a recent media statement, Visa clarified its stance on this matter, asserting that Solana's blockchain is the most relevant in the market to ensure its expansion in the crypto industry. In this article, we will delve into why Visa is banking on Solana's blockchain.

The co-founder of the payment company Lightspark, focused on the Bitcoin Lightning Network, has recently spoken about the archaic state of the international payment system. On September 12, 2023, during an appearance on CNBC, David Marcus discussed the potential of the Bitcoin network and expressed his commitment to turning it into a global payment system.

Renowned for being tamper-proof and completely transparent, Bitcoin is often touted as a perfect 'trustless' network. But can we truly say that we trust no one but ourselves when we use Bitcoin? This is the question posed by Pierre Schweitzer during the Surfin Bitcoin 2023 event in Biarritz.

What is the cumulative inflation since 2010? What is the extent of purchasing power loss?

Will the ECB stop raising its key interest rate soon? Some governors hope so.

All eyes are on bitcoin (BTC). Prices are not showing positive signs, and investors are becoming increasingly concerned. But while some are desperately hoping for a rise, their wish is unlikely to come true. According to Jamie Coutts, the downtrend has not said its last word.

Cardano suffered a decline of around -37% this summer 2023. Let's take a look at the prospects for the ADA price.

Bitcoin dropped by around -3% on Monday, September 11. Let's take a look at the prospects for the $BTC price.

Is the decentralization of the Bitcoin network about to improve thanks to minimalist miners such as Nerdminer and Bitaxe?

In the vast crypto universe, every week brings its share of revelations and surprises. As enthusiasts and investors alike scrutinize the evolution of Bitcoin, the crypto giant has a week full of developments in store for us. Without further ado, let's dive into the fascinating world of Bitcoin, exploring the five major alerts that are on everyone's lips.

Renowned investor Warren Buffett doesn't like cryptocurrencies, bitcoin (BTC) included. And he's not hiding it. On several occasions, the billionaire has explained why, in his opinion, this asset is not worth investing your money in. Yet there is evidence that the businessman has missed an opportunity to increase his fortune.

Recently, no fewer than 6 countries joined the BRICS in what is now known as BRICS+. Although the organization has rejected the membership applications of some countries, it seems to be calling on others to join. Such is the case of Indonesia.

The first domino of the bull run has fallen. U.S. companies will soon be able to account for their Bitcoin holdings at their fair value.

Over the last 8 years, September has been the second-worst month in terms of bitcoin (BTC) performance. On average, bitcoin falls by 5% in September. Conversely, September is often a good opportunity. The end of the year often marks a powerful "Christmas effect", which is usually accompanied by a rise in cryptocurrency. But if studying the past sheds light on probabilities, it's worth looking at the indicators available on the bitcoin price.

For the past few months, Bitcoin ETFs have been among the most closely followed news items on the crypto market. The reason for this is their potential role in the explosion of asset prices, starting with bitcoin. Indeed, the eventual arrival of a Bitcoin ETF on the market is seen as good news. But it seems, according to some experts, that it could thwart the ambitions of crypto exchanges. Here's why.

The BRICS want to get rid of the dollar's influence in international transactions. The organization reaffirmed this objective at its recent summit in South Africa. As the group's currency strategy is gradually unveiled, we learn that Ripple's XRP could contribute to this dynamic.

As we enter the final months of the year on the financial markets, there may be a seasonal trend known as the end-of-year rally. This trend intensifies before the Christmas holidays. Let's take a look at bitcoin's behavior in the run-up to Christmas, and the factors that can influence its price.

Coinbase's CEO is currently excited about 10 major crypto concepts that could completely change the face of the digital asset sector worldwide. In a video published this August 30, Brian Armstrong explained these concepts to developers, encouraging them to take advantage of the bear market to work on them. Read more.

Bloomberg analysts increase their estimates of the chances of approval of a Bitcoin Spot ETF in the US. This change is the result of Grayscale's recent victory against the SEC in the Court of Appeals. An analysis which, if it proves correct, should boost the crypto sector considerably.

After suffering a drop of almost -10%, Ethereum came back to perform at over 5% at the start of the week. Let's take a look at the prospects for ETH.

BRUSSELS --(BUSINESS WIRE)-- Swift today released results from a new series of experiments that show its infrastructure can seamlessly facilitate the transfer of tokenised value across multiple public and private blockchains. The findings have potential to remove significant friction slowing the growth of tokenised asset markets and enable them to scale globally as they mature.

In a particularly tumultuous crypto environment, there has recently been a rush of Ethereum whales. A trend which, according to recent reports, is not as widespread as we might have thought.

September 1ᵉʳ is the deadline given to the U.S. Securities and Exchange Commission (SEC) to rule on Bitcoin ETF applications. This is the date by which Bitwise will know whether its ETF will win SEC approval. Five other applicants will receive a response from the regulator the following day, while one will have to wait until September 04.

In 2021, cryptocurrencies as a whole exploded the market counters in terms of valuation. Since then, the performance of the crypto industry has not reached a similar level. However, several experts are anticipating an end to this period of drought.