Ripple's XRP crypto corrected to $0.50 on Monday morning, losing all its gains from the past seven days. This drop comes as the XRP community questions the impact of the ETHgate controversy on the ongoing lawsuit between Ripple and the SEC.
Between revolutionary announcements, technological advancements, and regulatory tumult, the crypto ecosystem continues to prove that it is both a territory of boundless innovations and a battleground of regulatory and economic challenges. Here is a summary of the most significant news from the past week surrounding Bitcoin, Ethereum, Binance, Solana, etc.
As the crazy growth of the US debt of over 34,600 billion dollars continues to worry, the BRICS deliver a new blow to the greenback. China and Russia, two founding members of the alliance, have planned 260 billion dollars of commercial exchanges without using any US dollars. Only Russian ruble, Chinese yuan, and some euros. Other members of the coalition are expected to follow suit soon. Perceiving the immediacy of the threat, the USA react by combining threats and diplomacy. Details.
For the past few months, the Bitcoin blockchain has been expanding its functionalities and attracting interest through a clear evolution of its utility. Elevated to the status of a digital store of value by the ecosystem, it had recently faced significant constraints related to script language. The development of tokens, NFTs, and smart contracts was absolutely impracticable. In fact, it was on this major weakness that competitors such as Ethereum, Solana, Cardano, Polkadot, etc., had built their business models and reputation. But things have changed. The Bitcoin network now supports BRC-20 tokens, competitors to Ethereum's ERC-20 tokens, NFTs, and even houses a Bitcoin DeFi ecosystem. Witness the evolution of a network undergoing a complete overhaul.
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Biden's tax reform: a strategic maneuver or a real willingness to redistribute wealth?
Mark Yusko, CEO of Morgan Creek Capital, the $1.5 billion hedge fund, is adamant. A flood of fiat is expected to pour into the crypto markets in the coming months. The expert predicts a growing interest in Bitcoin ETFs from American baby boomers, the generation born between 1946 and 1964. These individuals are expected to transfer their funds currently held in retirement accounts to the crypto markets soon. He expects at least $300 billion to flow into the crypto markets in the coming months. This was during an interview with the podcast The Wolf of All Streets. Clarifications.
Meta and Nvidia technology values have seen over $750 billion in market capitalization evaporate from their recent highs. This massive correction is shaking up the markets and raising concerns about the strength of the tech sector, which has so far been driving the upward trend.
The altcoin market is already reacting to Bitcoin's halving. The quadrennial event known to be a major trigger in the markets occurred last weekend. Just six days later, some tokens are experiencing exceptional growth rates. Among them, the cryptocurrency PEPE. Review of the current trends of the token.
In a bold legal action, Consensys, a leading company in the Ethereum ecosystem, is taking on the SEC, accusing it of overstepping its regulatory powers. The issue at stake: determining whether the crypto Ether should be considered a security.
Since its launch during the Halving on April 20th, the Runes protocol has surged on the Bitcoin blockchain, capturing over 68% of transactions. This rapid adoption is generating as much excitement as it is raising questions about the network's future.
The meme token Shiba Inu (SHIB) struggles to maintain its upward momentum. After failing to break through a major resistance zone, SHIB seems to be entering a correction phase, raising concerns among holders.
Elon Musk announces an acceleration in the launch of new Tesla models, reigniting investor interest in the future.
From $125 million in 2022, the total crypto donations collected by major American charities reached $2 billion in 2024. This surge was triggered when 2 out of the 3 largest charities started accepting crypto donations. Embracing crypto allowed them to expand their donor base, making them significant players in adoption. More details to follow.
For the past few days, the government's bitcoin program in El Salvador has been the target of serious cyber attacks. A few days ago, hackers leaked the personal data of over 5 million Salvadorians. The same cyber criminals have now published extracts of the source code and VPN access to the national bitcoin wallet Chivo on CiberInteligenciaSV, an online hacking forum. Details.
You are introduced to three innovative crypto projects that are revolutionizing the world of sports: Sorare, MetaFight, and UOS Ultra.
The upcoming auction of Solana by FTX is attracting the interest of major players in the crypto market. This move could have a significant impact on the price of the SOL token, which is currently on the rise.
Are you looking to enter the crypto market and take advantage of the earning potential of cryptocurrencies? Not willing to take on too much risk? The Altseason is already announcing itself. It's time to get started. There's no need for a large budget. With altcoins available for less than 0.1 dollar, you could potentially see your investment multiply several times with a bit of luck. Here are 10 gems priced at less than 0.1 dollar that might interest you.
Hong Kong is about to launch Crypto ETFs. Will they be successful? What are the implications for the crypto market? Answers.
Towards a new era for Bitcoin with BIP-420 and OP_CAT: What challenges and opportunities?
The U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on the Grayscale Investments and Franklin Templeton's applications for Ethereum spot ETFs. The two asset management companies will have to wait longer before they can launch their crypto investment vehicles on the U.S. stock markets.
A growing gap between new and old Bitcoin whales: $ 110 billion versus $ 66.9 billion.
Fidelity Digital Assets, a giant in crypto investment, has just revised down its medium-term forecasts for Bitcoin. While the company remains optimistic for the short term, several indicators suggest that the queen of cryptos has lost some of its luster.
The New York Stock Exchange (NYSE) is currently exploring the possibility of moving to a 24/7 trading model, a potentially revolutionary decision largely influenced by the success of crypto markets that operate continuously.
Discover how the end of the Ripple-SEC trial could impact the value of the XRP crypto. Experts predict significant gains.
PayPal is committed to an ecological approach by offering rewards to Bitcoin miners promoting responsible practices.
As the BRICS alliance intensifies its de-dollarization efforts, the success of this initiative remains uncertain. While several countries are considering joining or already adhering to this movement, the supremacy of the US dollar remains unchallenged. Indeed, despite the coordinated efforts of the BRICS member countries, the dollar continues to outperform the currencies of these nations.
The seizure of Russian assets by the United States will have serious repercussions on the international monetary system. It would be a godsend for bitcoin.
ShibaSwap, with a liquidity rate of 1.75 billion dollars, could redefine the cryptocurrency financial landscape.
Switzerland, known for its innovative and cautious approach to finance, is facing a potentially historic turning point. Bitcoin advocates in this Alpine country are once again mobilizing, seeking to integrate this cryptocurrency into the national reserves of the Swiss National Bank (SNB). This article explores the nuances of this bold…