Bitcoin (BTC) is not the only one attracting attention from the crypto community. Several cash-settled ETFs linked to the leading crypto are also gaining traction through their trading volumes. In the past 24 hours, they have seen a remarkable surge. Here is exactly what happened.
Bitcoin (BTC) is experiencing epic momentum. Less than a week ago, the flagship crypto had already surprised significantly with a record increase teasing $53,000. The asset surprises again by breaking the key resistance of $55,000. The reasons for this spectacular surge in this article.
The crypto firm Ripple has not yet ended its legal battle with the SEC when another lawsuit could involve it. Ripple is accused by individuals and companies of "illegally" selling them XRP. Here is what is specifically at issue in the context of what appears to be a class action lawsuit.
From the European Central Bank's strong stance on Bitcoin to the record fine imposed on Binance, including the innovative initiatives of Brave with Solana and Paris Saint-Germain's historic entry into blockchain validation, not to mention the surprising developments around AI with OpenAI's Sora, the past week has been filled with significant events. Here is your traditional summary of the news that has dominated the sector in recent days!
The second most popular crypto on the market is at the center of interest of an Ethereum whale. In recent days, this large investor has engaged in a frenzied activity of acquiring ethers. A trend that has not escaped the crypto community as the ether market experiences a remarkable surge.
The crypto project team Shiba Inu (SHIB) recently announced the launch of its latest collection of non-fungible tokens (NFTs), named "SHEboshis". This initiative marks a significant milestone for the project as it introduces the use of the ERC-404 standard, a first in the Ethereum ecosystem. The Ethereum ERC-404 standard promises to bring increased fluidity and promote the fractionalization of NFTs, thus opening up new opportunities for holders and investors. In this article, we will explore the implications of this advancement.
The financial ecosystem is experiencing a new trend involving baby boomers. This class of investors born between 1943 and 1965 is losing interest in gold. Now, they are turning to Bitcoin Spot ETFs. This dynamic raises questions for many financial market analysts. Historically, gold is considered an asset that secures wealth against financial risks such as inflation. From this perspective, this evolution represents a significant change in the investment preferences of this cohort of investors. What factors are driving this transition and what are the implications for the future of investments? In this article, we provide an analysis on this issue.
The fifth largest bank in Switzerland, PostFinance, announced the launch of full cryptocurrency services this Wednesday, February 21, 2024. Its 2.5 million customers will be able to buy, sell, and even save 11 popular cryptos through their bank account.
Recently, Ether (ETH), the native cryptocurrency of Ethereum, has been experiencing significant momentum. The cryptocurrency is currently flirting with the $3,000 mark, sparking hope among crypto enthusiasts for the continuation of this trend with a positive effect on altcoins. A question that clearly divides analysts and experts.
The year 2024 is distinguished by significant developments in the cryptocurrency sector. Between Bitcoin's halving, Ripple's expansion in crypto custody, and strategic collaborations such as Solana and Filecoin, the crypto landscape is experiencing unprecedented dynamics. These developments, along with Bitcoin's rise in the global asset rankings and increased commitment from Ethereum, as well as calls for appropriate regulation of Bitcoin ETFs by U.S. banks, reflect a growing maturity and integration of cryptocurrencies into the global financial system. Here is a summary of the most notable news from the past week.
The billionaire Jeff Bezos, founder of Amazon, is once again making headlines. In recent days, he has been selling off a significant amount of shares in the company he founded. In light of doubts about the motives behind these transactions, some are wondering if the plan to acquire Bitcoin (BTC) is not behind all this.
The Total Value Locked (TVL) in the context of decentralized finance (DeFi) defines the total value of assets locked in DeFi protocols and smart contracts. In other words, it measures the total amount of locked and utilized cryptocurrencies in various decentralized financial services, including liquidity pools, borrowing and lending protocols, decentralized exchange (DEX) platforms, among others. TVL is often seen as an indicator of the popularity and adoption of different DeFi protocols. It acts as a barometer of this crypto ecosystem. Indeed, according to recent data, the TVL of DeFi is in its best shape thanks to the dynamism of Ethereum. This article explains the ins and outs of this trend.
Bitcoin (BTC) is experiencing a remarkable resurgence. An opportunity that is always seized upon by Michael Saylor, the co-founder of MicroStrategy, to share his thoughts on what he believes will happen to the flagship cryptocurrency in the future. His projections regarding Bitcoin (BTC) are rarely pessimistic.
In the particularly thriving context of the crypto market lately, choosing wisely to position oneself on Bitcoin or Ethereum can be quite a dilemma. These two crypto ecosystems are market leaders. But they are distinct from each other in terms of functionalities and advantages. Understanding this divergence can be crucial for crypto investment choices.
Exactly one year ago, the price of bitcoin (BTC) was around $20,000. Throughout the year 2023, the flagship cryptocurrency made headlines for its remarkable dynamism despite the ups and downs. Today, the asset is valued at over $50,000. A level it had not reached since December 2021. The surge of BTC to reach this level is from this point of view a major event for the crypto industry, whose resurgence in 2024 has been announced by a panel of experts. But how can we reasonably explain that in the space of a week, BTC has increased its valuation by 19% to currently trade around $51,600? This article will provide you with some answers.
Despite the legal challenges it is involved in, the crypto firm Ripple wants to expand its operational scope. Latest news has it that the company wants to venture into the crypto custody segment. The company still needs to obtain regulatory approval.
The ERC-404 represents a key evolution in terms of Ethereum tokens. It offers developers and investors the opportunity to create and market tokens that combine both the fungibility of ERC-20 and the uniqueness of ERC-721. This potential of the Ethereum crypto platform has been exploited by a trader who managed to generate $59,000 using this method.
From the spectacular rise of Bitcoin, reaching almost $50,000, to innovative collaborations breaking the boundaries between the traditional web and the decentralized web, the cryptocurrency ecosystem continues to demonstrate its ability to evolve and adapt to regulatory, technical, and economic challenges. Here is a summary of the most significant crypto news of the week!
According to recent figures, five countries excel due to the financial problems they encounter. These countries attract the attention of analysts for their debts reaching record levels. The case of the United States is well known. France is also part of this select group of developed countries heavily in debt.
Geth, acronym for Go Ethereum, is an open-source software client for the Ethereum network. It is a crucial tool for Ethereum developers, miners, validators, and users. It is in high demand due to the many crypto advantages it offers. However, excessive reliance on this tool can be harmful, according to warnings from several analysts.
Two years ago, the crypto platform Polygon (MATIC), created to solve Ethereum's scalability issues, unveiled zkEVM. A solution that helps address the scalability challenges of Blockchain. The improvements in this regard have not stopped, as stakeholders have gone even further by developing a type 1 zkEVM prover. Here's what it's all about.
The future of bitcoin (BTC) is currently attracting great interest. Recently, some crypto analysts have expressed their prediction of a profound disruption in the flagship crypto market. As the bitcoin (BTC) halving approaches, they anticipate an exceptional supply "shock". These projections hint at significant implications regarding the price dynamics of the flagship crypto and its ecosystem. In this article, we will attempt to explain the implications of an explosion in the supply of bitcoin (BTC). This will be done through the lens of the current context of the flagship crypto in the crypto market.
In a world where crypto is synonymous with innovation and transformation, the launch of Dymension (DYM) stands out as a significant event. Captivating the attention of crypto enthusiasts from its very beginning, Dymension has seen its value skyrocket.
The M^0 protocol, developed by M^0 Labs and supported by Pantera Capital, could indeed disrupt the stablecoin market by enabling institutions to easily issue stable tokens backed by US Treasury bonds.
Towards the end of the 1990s, the emerging Internet technology at the time raised doubts and skepticism about its adoption potential. However, here we are nearly three decades later, with the Internet having become ubiquitous in everyday life. Will cryptocurrencies, which cannot be issued without blockchain technology, follow the same path? Or, on the contrary, will they experience a different fate and fizzle out over time? In a recent report, leading investment bank Architect Partners attempts to answer these crucial questions in light of the crypto industry's recent momentum. Here, in this article, is the essence of what should be remembered from it.
Peter Schiff, a notoriously skeptical economist about cryptos, has just come to their rescue. He is outraged by the new rules adopted by the Securities and Exchange Commission (SEC) to regulate the sector.
The ownership of Bitcoin has been the subject of debate and legal battles for several years. London judges potentially have the opportunity to definitively settle the matter. In any case, a trial has opened for this purpose in the capital of the United Kingdom. It pits Craig Wright against a representative entity of the crypto sector.
"From the remarkable rise of Bitcoin ETFs to the rise of Solana in the DeFi space, to the strategic initiatives of financial giants such as Visa, the crypto ecosystem continues to demonstrate its resilience and innovation. While Binance forges alliances with the Swiss banking sector to strengthen the security of digital assets, Visa is simplifying crypto transactions in 145 countries, highlighting the increasing integration of cryptocurrency into the traditional financial system. Meanwhile, Russia is considering the use of cryptocurrencies for foreign trade, defying international sanctions and exploring new paths for the digital economy. These developments, among others, not only shape the current landscape of cryptocurrency but also outline its future. Let's dive together into a detailed recap of these significant events."
The world of cryptocurrencies continues to evolve at a rapid pace in 2024, offering investors new opportunities to generate passive income through staking. This practice, which involves locking a certain quantity of tokens to participate in the validation of transactions on a blockchain network, attracts many enthusiasts. But which cryptocurrency should one invest in if they decide to embark on staking? This article answers this question by presenting six promising cryptocurrencies for staking in 2024.
According to JPMorgan, the growing dominance of USDT in the stablecoin market is negative for the overall crypto ecosystem.