India and the Emirates reportedly settled an oil transaction in XRP instead of the dollar. A worrying signal for the dollar's hegemony?
India and the Emirates reportedly settled an oil transaction in XRP instead of the dollar. A worrying signal for the dollar's hegemony?
As Bitcoin seemed to have reached a plateau of relative stability, a recent report from Bitfinex Alpha reveals a much darker reality. Indeed, the leading cryptocurrency suffered a staggering 33% drop, a decline not seen since the collapse of FTX in 2022. However, what might be just a simple market correction actually hides troubling signals. The Mayer Multiple, a respected indicator that compares the current price of Bitcoin to its 200-day moving average, has reached historically low levels, while the MVRV ratio of short-term holders falls below the critical threshold. These indicators, highlighted in Bitfinex's latest report, point to extreme stress among new investors and hint at potential consequences for the entire cryptocurrency market.
Global financial markets are in turmoil, and Bitcoin, long considered a safe haven by crypto enthusiasts, is no exception. After beginning to rise, the flagship cryptocurrency has suddenly fallen back into "extreme fear" territory, raising many questions. As long positions collapse and technical signals deteriorate, concern is growing among investors.
The crypto market has just crossed a new historic milestone. Brazil, always ahead of financial trends, has just approved the very first ETF based on Solana (SOL), a development that could disrupt the dynamics of the sector. This event marks not only a significant advancement for Solana but also a strategic evolution for Brazilian and international investors, eager for new opportunities in the ever-expanding universe of digital assets. This decision, made by the Brazilian Securities Commission (CVM), could redefine the contours of crypto investment by paving the way for broader adoption and increased portfolio diversification.
A shockwave is shaking the crypto market: Bitcoin collapses to $51,000 and records one of its worst drops. In the span of 24 hours, the crypto universe loses over $800 million, leaving investors in uncertainty. But beyond the numbers, this plunge reveals underlying tensions that go beyond the simple scope of financial markets. What are the forces at play behind this sudden crisis, and what will be the repercussions in the weeks to come? Deciphering a crash that could reshape the landscape of digital finance.
The recent volatility of the stock market has led to a spectacular increase in liquidations in the crypto market. This event occurs in an uncertain economic context, where investors are reevaluating their portfolios in light of a possible recession.
Disappointing employment figures in the United States shook Wall Street on Friday, triggering a chain reaction in financial markets. These data significantly impacted the values of crypto assets, notably bitcoin.
The United States may soon take a significant step towards integrating Bitcoin into their economic strategy. This development, which could redefine the role of digital currencies in the global financial strategy, raises as much hope as it does questions.
On July 26th represents a key date for the crypto market, especially for Bitcoin. In fact, a colossal sum of 5.5 billion dollars in Bitcoin options is expiring. This event follows massive transactions and redistributions that have shaken the market. It particularly tests traders' strategies in a volatile market.
Spot Ether exchange-traded funds (ETFs) have made an explosive entry into the financial market. Officially launched on July 23, these ETFs recorded an impressive trading volume on their first day of trading. Their exceptional performance heralds a new era for the integration of crypto assets into traditional financial markets.
Bitcoin is experiencing an impressive rebound. The value of the flagship crypto has increased by 29% since July 5 to reach a peak of €68,000. This sudden recovery is generating enthusiasm among investors. Above all, it is reigniting interest in the cryptocurrency market.
The recent performance of XRP, the altcoin developed by Ripple, illustrates a period of volatility marked by legal developments and favorable market trends. As investors closely scrutinize the progress of the trial between Ripple and the SEC, positive signals are emerging and heavily influencing the value of the crypto asset.
As the crypto market experiences a period of fluctuating valuations, analysts at JPMorgan provide a crucial perspective on the sustainability of this recovery. In a recent report, they expressed skepticism regarding the durability of the current rebounds, particularly for bitcoin.
Ether is generating a new wave of enthusiasm as the launch of spot Ether ETFs approaches. Indeed, massive withdrawals of ETH from crypto exchanges have been recently observed. This phenomenon, coupled with the arrival of ETH ETFs, could signal the beginning of a significant bullish phase for the altcoin.
The influence of Ripple's periodic sales on the price of XRP has long been a subject of controversy among members of the crypto community. Recently, financial expert Mickle addressed this issue. He notably refuted the accusations that Ripple would intentionally suppress the price of XRP through its monthly sales.
The world of digital finance has just reached a historic milestone. Bitcoin, often considered the digital gold, has surpassed Visa and Mastercard in terms of daily transaction volume, marking a major shift in the era of digital payments. This exceptional performance reflects the growing prominence of cryptocurrencies and their increasing integration into the global economy, challenging the very foundations of traditional payment systems.
In the last few hours, XRP stands out with unusual activity from institutional investors and a soaring bullish sentiment. According to recent data, the number of major transactions involving XRP has almost doubled in one day, indicating a marked increase in interest. This momentum could herald significant changes in the valuation of this crypto.
Notcoin, a play-to-earn token from the TON ecosystem, recently caused a stir by surpassing bitcoin, ether, solana, and pepe in several regions of the world. This spectacular surge has put the token in the spotlight of the global crypto scene and raised questions about its potential for future growth.
The crypto community is holding its breath as SEC approval of Ethereum ETFs seems imminent. Matrixport anticipates a favorable decision this week. The stakes are high: approval of the ETFs could propel Ethereum to new highs and strengthen confidence in the cryptocurrency market.
Recent revelations from the Wall Street Journal have shed light on troubling elements regarding the family of Sam Bankman-Fried, the former CEO of the crypto exchange FTX. Previously unreleased emails show that his parents, Alan Joseph Bankman and Barbara Helen Fried, as well as his brother Gabriel, played significant roles in the financial and political management of the company. These new pieces of information could further complicate the legal issues surrounding the spectacular collapse of FTX.
The Basel Committee, under the auspices of the Bank for International Settlements (BIS), has just approved an innovative framework for disclosing bank exposures to crypto. This decision marks a turning point in the regulation of the digital assets market, aiming to enhance transparency and risk management.
The Crypto Fear & Greed Index, a gauge of investor sentiment, is currently hovering around the neutral level. This situation reflects the uncertainty prevailing in the crypto market, torn between fears and hopes. What can be inferred for the short-term evolution of Bitcoin and other assets from this?
Vitalik Buterin, co-founder of Ethereum, has just unveiled innovative proposals aimed at significantly reducing transaction confirmation times on the network. These innovations could transform the user experience and strengthen Ethereum's position in the crypto ecosystem.
A recent study reveals that about 78% of Initial Exchange Offerings (IEOs) of crypto tokens would be manipulated by market makers. This practice raises serious questions about the integrity of the listing process and its implications for traders and hodlers.
The rapid rise of digital technologies is disrupting traditional economic paradigms. Among these innovations, artificial intelligence (AI) and Bitcoin (BTC) are emerging as key players in this transformation. Anthony Pompliano, a renowned investor and founder of Pomp Investments, anticipates a decade marked by a synergy between these two technologies. According to him, AI will generate considerable wealth, while Bitcoin will play an important role in preserving this new fortune.
The cryptocurrency market is experiencing unprecedented turmoil, and Solana, once considered a strong player, is taking a hard hit. In just one week, the fast and low-cost blockchain has lost $3 billion of its market capitalization, revealing worrisome vulnerabilities in a context of increased investor distrust.
Investors are abandoning Bitcoin, while Ethereum is breaking records. What does this crypto trend hide?
While the crypto market is experiencing a widespread slowdown, some memecoins in The Open Network (TON) ecosystem are recording surprising gains over the past 24 hours, defying the downward trend.
Vitalik Buterin envisions a concrete future for cryptocurrencies in many aspects of everyday life. In a recent publication, the co-founder of Ethereum listed several areas where crypto could emerge as innovative solutions as early as this cycle. Here are the promising areas he identified!
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.