India announces 5 revolutionary measures for the crypto sector at the G20
India announces 5 revolutionary measures for the crypto sector at the G20
This week, the crypto market has experienced notable turbulence, orchestrated mainly by bitcoin. A shadow of decline now looms, leading to a widespread and immediate plunge in altcoins.
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.
In the crypto world, a revolutionary dynamic is underway. Recent figures confirm this unequivocally: Tron, Bitcoin, and BNBChain are currently the titans of the sector.
There will be some rumblings in the crypto industry in the next few days. Because if approved, FTX will liquidate a large number of its digital assets. There's talk of a plan to sell $200 million in cryptocurrencies. Something to keep an eye on!
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.
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.
The financial sector in the United States is anticipating a significant revision in the accounting of cryptocurrencies, particularly Bitcoin. This recent decision aims to enhance clarity, accuracy, and confidence in the valuation of digital assets by businesses.
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.
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.
Amid alarming inflation, a new trend is emerging in Turkey: more than half the population is now embracing cryptocurrencies as a financial haven. Here's an overview of this transformation.
A recent data analysis reveals that bitcoin reserves held by several exchanges are falling sharply. This trend could have major implications for the crypto market. In particular, exchanges could soon run out of liquidity and see their trading volumes plummet.
In the impenetrable crypto sector, every decision, every action carries weight, especially when it emanates from the most influential entity on the globe: the United States. PeckShieldAlert's recent investigation is causing quite a stir: the US government, so critical of crypto, is actually one of bitcoin's biggest holders.
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.
The journey towards a potential Bitcoin ETF has so far been long and arduous. But some key decisions in the race are likely to be made this week. Meanwhile, the crypto faithful are waiting to see how things play out this time.
Bitcoin remains in the red year-on-year. However, this long period in the wilderness augurs well for a symmetrical bull market.
After El Salvador, Bhutan and Russia, the Sultanate of Oman is now rolling out the red carpet for bitcoin miners.
While the SEC is waging an anti-crypto war, the US regulator has just suffered a setback against Grayscale regarding the Bitcoin ETF. The federal court ruled today in favor of Grayscale's petition for review. In setting aside the SEC's order, the court ruled in favor of the American investment giant. This decision could pave the way for approval of the Bitcoin ETF.
Crypto firm Cardano is currently battling the SEC over ADA, which is allegedly not a security. But Cardano boss Charles Hoskinson has no doubts about the potential of crypto. He sees it taking over the crypto market to the point of surpassing bitcoin and ether in value!
Over the week of August 14, the bitcoin price fell by almost 12%. This turnaround was all the more dramatic as major thresholds that could have inspired long-term confidence were broken. The price of bitcoin fell below the $26,000 mark. It had stabilized above this level since March 2023. In our previous analysis in July, we pointed out that “the $26,000 area appears to be a major zone at present, and the absence of a recovery in volatility on traditional indices will probably determine the next move”.
After several weeks testing the $30K zone, bitcoin has come to register a drop of over 10%. Let's explore the outlook for the leading cryptocurrency.
The previous week was marked by a sharp decline in the crypto market. The leader in terms of market capitalization, BTC, recorded a 10% drop, closing the week at around $26500. What if this drop represented a buying opportunity for bitcoin (BTC), as a bullish recovery seems imminent? That's precisely what the RSI and Hash Ribbons suggest.
Barely launched, Friend.tech is setting new records. In just 24 hours, the decentralized social networking platform has generated 1.12 million fees. These statistics are beyond all comprehension: they surpass those of Uniswap and the Bitcoin network.
Fundstrat co-founder Tom Lee has predicted that the price of Bitcoin (BTC) could explode to $150k under certain conditions. If the U.S. SEC approves Bitcoin ETFs, the parent cryptocurrency could see its price cross the $150k mark. Among other key factors favoring this trend, he also states the interaction of cryptos with the general monetary climate.
The Securities and Exchange Commission (SEC) continues to postpone its decision on Bitcoin ETFs. Despite this dilatory strategy, many observers remain convinced that these crypto index funds will see the light of day in the United States by 2024. Here are some explanations.
El Salvador President Nayib Bukele's introduction of Bitcoin two years ago raised concerns on Wall Street. Today, this bold move is boosting the attractiveness of El Salvador's bond markets, propelling them to the top of emerging market dollar bonds this year.
While Bitcoin continues to demonstrate its resilience, the scientific community is making revelations that are highly agitating the quantum threat. Researchers in South Korea and China have reportedly discovered an extraordinary superconductor called LK-99, a material that could be used to create quantum laptops capable of breaking BTC private keys very easily. If confirmed, this discovery could open a new page in the history of cryptography and sound the death knell for the world's most powerful cryptocurrency. Should this superconductor be considered a threat to cryptography? Answer.
After marking a new annual ATH in mid-July, the bitcoin price came to stabilize around the $29-30K mark. Since then, fluctuations on the leading cryptocurrency have stagnated, suggesting some movement ahead on the market.