The crypto market has been shaken by a wave of $96 million liquidations, triggered by the drop in the price of bitcoin to $65,000. This sudden decrease has led to the liquidation of leveraged positions for tens of thousands of traders, mainly on centralized exchanges.
Among revolutionary announcements, technological developments, 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 challenges. Here is a summary of the most significant news from the past week concerning Bitcoin, Ethereum, Binance, Solana, and Ripple.
According to leading analysts, final approval of Ethereum ETFs could be confirmed as early as July 2, just before Independence Day weekend. This news is significant not only for crypto investors but also for the global financial market. Approval of these ETFs could mark a decisive step towards legitimizing digital assets, opening the door to new investment opportunities and accelerating crypto adoption on an unprecedented scale.
Bitcoin is attracting growing interest among analysts, experts, and investors. Analysts at Bernstein, particularly confident in this flagship cryptocurrency, predict a surge in its price by next year. These optimistic forecasts are based on recent events that have deeply impacted the crypto industry. With increased demand and limited supply, Bitcoin could be on the cusp of a new bullish cycle.
According to the latest estimates from Forbes, Changpeng Zhao, co-founder of Binance, the world's top crypto exchange platform, sees his personal fortune peak at $61 billion, with a huge portion coming from his massive holdings in BNB.
The cryptocurrency market is booming, attracting the attention of major investors. JPMorgan recently closely examined the source of these fund inflows. According to the largest American bank, Bitcoin ETFs are largely responsible for this massive influx of capital into the crypto market. However, this momentum could soon wane.
The forecasts for Bitcoin are becoming increasingly dark. According to recent analyses, the price of the cryptocurrency could experience a significant drop. This alarming outlook has already started to sow doubt among investors. With increased volatility and concerning market signals, the immediate future of Bitcoin remains uncertain and raises many questions.
Elon Musk, an iconic figure in the technology sector, is often at the center of discussions about cryptocurrencies. Recently, Charles Hoskinson made a bold hypothesis: what if Musk owned a major stake in Dogecoin? Without evidence, this assumption raises more questions than it answers.
A recent survey by the Bank for International Settlements (BIS) reveals that central banks' interest in issuing central bank digital currencies (CBDCs) continues to grow. This trend could disrupt the management of monetary policy in the years to come.
During the XRP Ledger Apex 2024 summit, David Schwartz, Ripple's Chief Technology Officer, stated that the future Ripple USD stablecoin (RLUSD) will be a tremendous asset in driving the adoption and use of the native crypto XRP. This statement comes at a time when some observers are questioning the evolution of XRP's role in the Ripple ecosystem with the imminent arrival of the highly anticipated RLUSD.
Crypto airdrops are still making waves in 2024, attracting increasing attention in the world of cryptocurrencies. Several projects stand out particularly in this trend, with numbers that are downright impressive, hinting at significant gains for users. As the year progresses, the excitement around airdrops shows no signs of slowing down, promising many more surprises and opportunities for participants.
The cryptocurrency market just experienced a spectacular surge this Wednesday as the price of Bitcoin once again surpassed the symbolic $69,000 mark. This rapid increase follows the release of lower-than-expected U.S. inflation data, reigniting investor optimism and fueling a wave of transactions.
In this month of June, the XRP network has seen a rapid growth in its user base, with the arrival of 100,000 new holders. This massive adoption raises questions about the potential impact on the crypto price in the coming weeks.
The European Union is toughening its stance on privacy tokens and crypto mixers. In a shocking report, it accuses them of facilitating illicit activities and threatens to regulate them strictly, risking upsetting the crypto community attached to decentralization.
For many, wealth management remains a complex and confusing challenge. However, in the era of crypto, this complexity could be simplified. New financial products make it possible to improve and better manage one's wealth. But how do you go about it? That's exactly what you'll discover in the latest edition of the CMC podcast.
Bitcoin has suddenly dropped below the $68,000 mark, triggering a massive liquidation that has affected more than 75,000 traders. This unexpected plunge comes amidst significant outflows from Bitcoin ETFs and growing economic uncertainties fueled by anticipation of U.S. inflation data and the upcoming Federal Reserve meeting.
Among revolutionary announcements, technological developments, 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 challenges. Here is a summary of the most significant news from the past week around Bitcoin, Ethereum, Binance, Solana, and Ripple.
Despite a tumultuous year marked by contradictory signals, the crypto market is showing surprising resilience. This resistance can be explained by the strength of its community, the arrival of new investors, and the emergence of professional standards in the industry.
The SOL crypto from Solana could be in for a prosperous period very soon. Recent technical analyses and market movements suggest a positive development for this crypto. These signs of imminent growth should be closely monitored, as they could herald a new era of prosperity for Solana.
The recent interest rate cuts by major central banks worldwide could trigger a new bullish wave for Bitcoin and "shitcoins". Arthur Hayes, co-founder of BitMEX, claims that these movements mark the beginning of a global monetary easing cycle, thus offering significant opportunities for crypto investors.
The financial giant Franklin Templeton is preparing to launch a crypto fund focused on specific altcoins. This announcement has sparked a lot of curiosity and questioning. Which digital assets will be favored and what are the motivations behind this bold choice?
In the world of crypto, when we talk about the blockchain term, we immediately think of Bitcoin or Ethereum. But other blockchains also have great potential. Cardano, founded by Charles Hoskinson, is one of these gems. Convinced that this blockchain is undervalued, Hoskinson promises great things for its future.
Crypto influencers from X (formerly Twitter) are facing a troubling situation: their followers are stagnating or decreasing inexplicably. This anomaly, affecting major figures in the industry, raises questions about the platform's moderation practices.
"""
The latest employment data in the United States has shaken the crypto market, causing a sudden and significant drop in the prices of bitcoin and most altcoins. This news, which surprised many investors, calls into question hopes for an imminent interest rate cut by the Federal Reserve.
Bitcoin, the first and most well-known cryptocurrency, is about to undergo a major transformation. Starkware, a pioneering company in zero-knowledge systems, recently announced its intention to use its innovative technology to improve Bitcoin's scalability. This initiative promises to revolutionize the Bitcoin protocol and open up new possibilities for developers and users. Let's explore this technological revolution and its implications for the future of Bitcoin.
In an unexpected turn of events, the European Central Bank has announced a 0.25% cut in its key interest rates, raising hope for a similar monetary easing from the US Federal Reserve. This decision could breathe new life into the crypto market.
Ether (ETH) at $22,000 by 2030? This is the impressive forecast by VanEck for the native cryptocurrency of the Ethereum blockchain. This ambitious estimate is catching the attention of experts and investors worldwide. But what justifies such a valuation?
The former American president Donald Trump sees his crypto wallet soar dramatically, surpassing $33 million thanks to a surprise drop of the popular meme token TROG.
Scheduled to take effect from 30th December 2024, the MiCA regulation is already shaking up the crypto industry in Europe. The new requirements are raising many questions among stablecoin issuers. Paolo Ardoino, CEO of Tether, recently shared his concerns, hinting at major challenges ahead for the sector.