Among revolutionary announcements, technological advancements, and regulatory turbulence, the crypto ecosystem continues to prove that it is both a territory of limitless innovations and a battlefield of regulatory and economic struggles. Here is a summary of the most significant news of the past week around Bitcoin, Ethereum, Binance, Solana, etc.
On Sunday, April 7, Bitcoin (BTC) saw a new increase in its value. Its price, which had significantly dropped in the previous days to a level close to $65,000, rose to just over $70,000. Just days before the halving, this rise in the price of the flagship crypto is sparking speculation.
Binance crypto exchange announced the end of support for Bitcoin NFTs on its marketplace by April 18th. This decision comes as part of streamlining its product offerings, despite the success of Ordinals.
The next Bitcoin Halving is approaching fast. As speculations and uncertainties intensify, TimeChain Calendar offers a wealth of information and real-time analysis to understand the internal workings of the Bitcoin network.
Layer 2 networks on Ethereum could generate more revenue than the base network, according to VanEck.
It was known that with the dynamism that has been theirs for several months, cryptocurrencies have lifted many people out of financial misery. The magazine Fort, in a recent study, documented these perceptions. Its report shows how in the space of a year, these assets, both beloved by some and feared by others, have created new billionaires. As for the old ones, they have seen their financial assets linked to crypto grow in line with their faith in these assets. In this article, we present to you those who, through risks, have become wealthy thanks to crypto.
During her visit to China, US Treasury Secretary Janet Yellen sounded the alarm about the massive subsidies granted by Beijing to its industry. These aids could destabilize the global economy by leading to production overcapacity.
The European Securities and Markets Authority (ESMA) recently signaled that reorganizing blockchain transactions to maximize profits, known as Maximum Extractable Value (MEV), could potentially constitute a form of market abuse under the MiCA law. However, some experts in the crypto industry are calling for a nuanced view on this stance.
It is traditionally accepted that Bitcoin (BTC) maintains a relationship with the stock market in terms of movement. If this link remains, a crypto expert reveals that it is not as strong as commonly believed. He especially notes that Bitcoin's correlation with the S&P 500 is now negative.
Several US states have sought the expertise of the Cardano Foundation to develop a blockchain-based voting platform. This initiative aims to enhance the transparency and integrity of electoral processes, a crucial issue approaching the 2024 presidential elections.
In a bold move that combines the efficiency of traditional finance with the innovation of blockchain technology, PayPal is opening new horizons in the field of cross-border money transfers. Its American users can now use the PayPal USD stablecoin (PYUSD), its dollar-backed crypto, to fund international transfers without incurring transaction fees through the Xoom service.
Charles Hoskinson, the co-founder of the crypto firm Cardano, recently spoke about ADA, the native asset of the platform. More than ever, the expert believes in the cryptocurrency's ability to establish itself through its dynamism. An optimism that will need to contend with the constant threat posed by the inherent volatility of the crypto market.
The SEC denounces the practices of the crypto industry. Discover the shocking revelations of one of its members, Gurbir Grewal.
On April 4, 2024, Bitcoin Cash (BCH) crossed a major milestone with its second halving, causing significant price volatility. As the crypto industry gears up for the highly anticipated Bitcoin halving, attention is turning to the potential implications of these two events.
The Bitcoin Ordinals are gaining interest from Franklin Templeton, highlighting their rising power in the market.
Ethereum shows spectacular growth in the first quarter of 2024, tripling its profits and earning $1.2 billion in revenue from transaction fees. The network appears to be thriving despite high usage costs for crypto users.
The Securities and Exchange Commission (SEC) decision on Ethereum spot ETF applications is expected to come in May. In the meantime, the regulator is following the procedure of considering public opinions and concerns before making a decision. This was notably the case for Bitcoin Spot ETFs.
A few weeks ago, Bruno Le Maire, the French Minister of the Economy, announced a 10 billion euro savings in French finances. The goal is to maintain the country's financial stability. In addition to this plan, he is categorical and clear about a tax increase that he deems entirely inappropriate.
For the first time, Cathie Wood's ARK 21shares Bitcoin ETF (ARKB) recorded more outflows than the Grayscale Bitcoin Trust (GBTC). On April 2, ARKB lost $87.5 million, surpassing GBTC's record for daily outflows.
According to Glassnode, long-term Bitcoin holders are reacting emotionally to the new peak of the flagship cryptocurrency.
Restaking is a new evolution of staking in decentralized finance (DeFi). This new form of staking allows users to reuse their already staked cryptos to secure other decentralized protocols and products. This emerging trend offers not only opportunities but also significant risks for Ethereum.
After a lengthy legal saga, Sam Bankman-Fried, the former crypto magnate and former head of FTX, was sentenced to 25 years in prison. The fate of his former associates, who may have also played a role in the downfall of FTX, is now in question.
Discover the impact of the recent Bitcoin crash, leading to a massive liquidation of $500 million. In-depth analysis
Binance makes history in the crypto industry by appointing its first board of directors. Details in this article.
Investors are rushing towards memecoins as major cryptocurrencies face financial difficulties.
Martin Shkreli, a controversial figure in the pharmaceutical industry, caught everyone off guard with his bold prediction: a 75% chance that Bitcoin will reach $1 million by the end of 2024. This prophecy adds to those of other big names in finance like Cathie Wood and Robert Kiyosaki.
Decentralized exchanges (DEX) on Solana, these crypto exchange platforms that operate directly on this blockchain, are experiencing remarkable momentum. A trend characterized by the historic increase in transactions they facilitate in recent months.
The famous bitcoiner and entrepreneur Balaji Srinivasan has just published a diatribe against the United States. According to him, the federal government is on the verge of bankruptcy and being swallowed by trillions of dollars in debt. Faced with such a crisis, the Fed would activate the largest money-printing policy in American history to divert money from taxpayers.
Memecoins like Dogecoin or Shiba Inu continue to divide crypto experts. While Arthur Hayes, co-founder of BitMEX, sees them as a driver of adoption, Vitalik Buterin, creator of Ethereum, warns against their risks.
The BRICS plan to break away from the reliance on the US dollar will have a significant impact on the United States. An effect that, according to analysts, will affect three vital sectors of the American economy, including banking and finance, technology, and trade. This is not to mention the consequences of a debt crisis.