Bitcoin is on its way to the moon. Its recent performances have sparked unprecedented enthusiasm, leading to a dramatic increase in the number of addresses with a non-zero balance. Details !
The crypto speculative fever around GameFi has abruptly subsided, leaving behind a devastated landscape littered with abandoned projects. A recent study reveals that between 2018 and 2023, no less than 75.5% of GameFi initiatives have gone bankrupt. Of the 2,817 games launched, 2,127 did not survive more than a year.
Is the future of Bitcoin in the hands of small investors? Indeed, 74% of holders have less than 0.01 BTC.
Elon Musk, the billionaire with quick wit, has just thrown his feelings in the face of advertisers who have interrupted their advertising campaigns on X. Feeling subjected to a kind of blackmail, the irritated entrepreneur throws away the cloak of political correctness and let loose. “Go fuck yourselves!” he shouted at the companies trying to “blackmail X”. It was on November 29th, during a conference organized by the New York Times in New York.
Everything is going according to plan for Standard Chartered Bank, which reiterated its April forecast that Bitcoin would reach $100,000 by the end of 2024.
"""You are translator in the blockchain field."""
Things are heating up between Venezuela and Guyana right now. The reason? Nicolás Maduro wants to reclaim Essequibo, a territory awarded to the British in 1899 following a “partial” decision by the judges of the time. Burdened by massive inflation, Venezuela needs to find other alternatives to get its economy back on track. And if that means the annexation of 2/3 of Guyana, where there are oil and other mineral resources, so be it.
A mysterious "whale" has been buying bitcoins without counting since the beginning of the month. This is an unmistakable sign.
While Chinese growth is faltering, Beijing is not hesitating to open the floodgates of fiscal and monetary stimulus in order to try to boost its battered economy. With credit easing, early distribution of local borrowing quotas, and massive issuance of government bonds, the Middle Kingdom is multiplying unprecedented expansionary measures. Objective: to regain vigorous growth by 2024.
A major transformation is shaking up Ethereum, making the global supply of crypto ETH deflationary. Decoding it!
The twilight of the petrodollar is no longer a myth. China and Saudi Arabia are rapidly de-dollarizing their exchanges. When will the petro-bitcoin arrive?
Recently, the crypto platform Binance and the United States Department of Justice (DOJ) reached an agreement to abandon the investigations conducted against the company. Interestingly, the Securities and Exchange Commission (SEC) did not participate in the agreement. According to some analysts, this stance is anything but innocent.
The BRICS member countries plan to launch a common currency for their organization in the near future. At present, there is no indication of the proposed currency's backing. Among analysts, the debate on whether it should be supported by cryptocurrency or gold is ongoing. And the question is not easy to answer. Some data show that cryptocurrency has advantages to offer as a backing for the BRICS currency. The same goes for the precious metal, gold. In this analysis, we will attempt to shed light on what is being said on this subject.
During his campaign for the presidential election in Argentina, Xavier Milei promised that he would work, once elected, to eliminate the country's central bank. Now that it's done, a rumor is emerging about this financial project. Some claim that it was just a campaign promise that the new tenant of Casa Rosada does not intend to fulfill. Javier Milei has formally denied these allegations.
Data reveals that a significant transaction involving 2 million ETH cryptos has recently been conducted. The operation raises questions for more than one, as it involves the Ethereum crypto platform itself.
Is the trend towards de-dollarization exaggerated? Is the petrodollar system coming to an end? Will the BRICS go all the way?
The American digital giant is regularly in the spotlight. The issue is its methods deemed unfair to stifle, or even eliminate, any competition. This comes at the expense of users who pay a high price. This is the essence of the collective legal action taken against the company, specifically regarding the use of cryptocurrencies as a P2P payment method.
A recent survey conducted by the Autorité des marchés financiers (AMF) reveals a growing preference among French people for cryptocurrencies compared to stocks and ETFs. Currently, 9% of French adults hold cryptocurrencies, compared to 7% in stocks and 2% in ETFs. This trend is particularly pronounced among young people, with 31% of them open to being paid in cryptocurrencies. The impact of the pandemic has played a role in this shift in investment preference. Additionally, 24% of French adults invest in various financial instruments, and over 10% are turning to real estate funds.
In recent weeks, statistics reveal a strong enthusiasm from institutional investors for Bitcoin. This week, Bitcoin whales have broken the annual record for the amount of BTC held. Yet, exactly one year ago - November 11, 2022 - they all suffered the consequences of the collapse of the FTX crypto exchange. What justifies this rapid and massive accumulation of BTC just a few weeks before the end of 2023?
Kristalina Georgieva actively supports CBDC. She sees these digital currencies as a promising alternative to physical cash.
The crypto community is eagerly awaiting the approval, by the Securities and Exchange Commission (SEC), of several ETFs, including potentially the first Bitcoin ETF in cash. Regarding the latter, for example, analysts have suggested that a decision should be made by January 2024. The SEC has postponed its decision.
Exactly one week ago, financial giant BlackRock filed for registration of the iShares Ethereum Trust, the proposed ethereum (ETH) cash ETF. The news caught the attention of crypto analysts as it suggested the upcoming filing of an Ethereum ETF application with the SEC. That has now been done.
The SEC has lost and will continue to lose lawsuits, celebrates Ripple's lawyer.
Despite the cheers, the fact is that inflation continues to erode Americans' savings. Much more than what official figures suggest.
Yesterday pinned, today fearless. PayPal has just thrown down the gauntlet to the authorities by asserting its determination to pursue its blockchain innovations. Let's analyze this statement that sounds like a declaration of war.
The long-awaited moment has finally arrived: today the U.S. government is revealing October's inflation figures, an announcement that could give new momentum to the recent surge in Bitcoin.
For Michael Saylor, Bitcoin doesn't need to replace fiat currency to reach several hundred trillion dollars.
Indeed, the FTX storm has wreaked havoc in the United States, Japan, and even France, but this hasn't prevented an increase in the rate of crypto adoption in France. According to a report by the Financial Markets Authority (AMF), the number of local adults investing in cryptocurrencies has relatively increased. Details!
The BRICS countries want to get rid of the influence of the US dollar. This is a high-stakes issue for this group of countries, especially for Russia, which is facing a series of financial measures taken by the West in response to the invasion of Ukraine. It seems that the country is maneuvering to overcome these sanctions. And it is apparently succeeding as the Russian currency, the ruble, has surpassed the dollar in the foreign exchange market.
The launch of the first spot Bitcoin ETF in the US is inching closer to reality, and one crypto project is already capitalizing on the excitement.