In a tense geopolitical context, the Russian economy demonstrates a persistent dependence on the dollar. Despite currency export bans, 2.3 billion dollars in greenbacks entered Russian territory.
The global financial scene is in turmoil. Bernard Arnault, the French luxury magnate, has just lost his place on the podium of the world's richest people. This fall comes in a tumultuous economic and political context, restructuring the landscape of great fortunes.
Mt. Gox wakes up cryptos with a 2 billion bitcoin test. It smells risky.
The Chinese tech giant Huawei is set to launch a new artificial intelligence chip, the Ascend 910C, which could rival Nvidia's H100. This announcement comes amidst trade tensions between China and the United States and could shake up the strategic semiconductor market for AI.
A recent study conducted by Bitpanda and YouGov reveals a marked trend: younger European generations are massively embracing crypto, despite market volatility. This survey, conducted with over 6,000 people in five countries, highlights a revolution in investment habits.
The crypto world is abuzz, and not just because of the usual price fluctuations. Ethereum, once hailed for its deflationary mechanism, surprises by becoming inflationary for the first time in two years. And in the meantime, Uniswap, the giant of decentralized exchanges, is slowing down its rate of ETH burning, leaving observers puzzled. As these two crypto heavyweights navigate in murky waters, it is time to delve into the details of this unexpected evolution.
Insee is still amazed: unemployment dropped in the second quarter, when we were expecting it to climb.
The crypto market is in turmoil. Today, a $2.5 billion expiration of Bitcoin and Ethereum options is set to violently shake the markets after an already eventful week. This major event could redefine current trends and influence investors' decisions. Let's dive into this impending storm and analyze its possible repercussions for the crypto universe.
The Bitcoin market continues to surprise. In just a few months, we have witnessed a staggering drop in profitable Bitcoin addresses, from 100% to 80%. Such a turnaround deserves thorough analysis. By examining the data provided by Glassnode, we dive into this captivating dynamic to understand its mechanisms.
The Dow Jones and Nasdaq plunge, VIX climbs. Tourism and technology sectors in total disarray.
BloFin Exchange, a leading cryptocurrency exchange, proudly announces its role as a Diamond Sponsor for the European Blockchain Convention (EBC) 2024. Set to take place in Barcelona, EBC is one of Europe's premier blockchain events, gathering industry professionals, innovators, and thought leaders from around the globe for meaningful dialogue and collaboration.
Ethereum, the second largest crypto, is losing ground to its competitors Bitcoin and Solana in the latest market cycle. ETH has dropped more than 28% since the launch of spot ETFs, while BTC and SOL have seen significant gains.
Closing out the world’s largest Web3 conference, TOKEN2049, the party will be hosted on the SkyPark Observation Deck of Singapore’s iconic Marina Bay Sands, delivering a night of sensory indulgence and high-calibre entertainment
As the price of Bitcoin experiences a significant drop, data reveals a surprising trend: the number of addresses holding more than 0.1 BTC is nearing a new all-time high, indicating persistent confidence among small investors.
Discover how the decline of German exports by 3.4% could propel the largest European economy into a recession.
The cryptocurrency market is down 25%: here are the trends and outlook for crypto investors!
Geopolitical tensions have always had a significant impact on financial markets, and the crypto sector is no exception. As Iran prepares a potential response against Israel, speculation on the consequences of these actions on the crypto ecosystem is mounting. Such escalation could not only destabilize traditional markets but also trigger unexpected movements in the digital asset sector.
Claim your free Web3 handle on @coinstats with CoinStats' new integration of FIO Protocol. Learn how to get started.
Discover how Solana led the recovery of the cryptocurrency market after a downturn, with an impressive increase of 16%.
After a historic drop on Monday, the Tokyo Stock Exchange experienced a remarkable rebound at the opening on Tuesday. The Nikkei index, which had plunged by 12.4% the day before, climbed by 10.02% shortly after the opening.
Bitcoin could plunge below $50,000 as the US economy collapses. The 10x Research report sounds the alarm.
Freefall for Bitcoin and Ethereum: blame it on Japanese interest rates. Other economic events could worsen the situation.
On August 5th will go down in Asian financial history as a day of turmoil. Following the Wall Street earthquake, Asian stock markets followed suit, plunging into an abyss of losses. The Nikkei, the flagship index of the Tokyo Stock Exchange, fell by 12.4%, closing at 31,458.42 points. This dizzying plunge comes after a significant 5.8% decline the previous Friday, marking one of the darkest weeks for Asian financial markets.
Bitcoin consolidates its dominant position in the cryptocurrency market, reaching 58% market share, while financial markets undergo a severe correction. This increase in dominance comes amid a context of high volatility and risk aversion among investors.
The crypto market has just experienced a spectacular drop, losing nearly 500 billion dollars in just three days. This plunge, the largest in a year, comes in the context of weak employment data and recession fears. Let's dive into the reasons and consequences of this brutal crash.
Gold has reached new historic records, propelled by alarming economic data in the United States. As employment figures prove disappointing, investors are turning massively to the precious metal, considered a safe haven in times of economic turbulence. With a peak exceeding $2,500 per ounce, gold confirms its status as a safe haven against growing uncertainties.
The EU adopts pioneering legislation to regulate AI, ensuring safety, transparency, and technological innovation in Europe.
The imminent expiration of options on Bitcoin and Ethereum, representing a colossal value of 3 billion dollars, is attracting particular attention in the crypto market. This event, scheduled for today, could trigger marked volatility, influencing the price direction of major cryptocurrencies. This context is conducive to a thorough analysis of the impact of these expirations on market fluctuations.
Bitcoin shows signs of increased volatility, with the Bollinger Bands reaching their tightest point in a year.
July sees a resurgence of inflation in France at 2.3%, caused by a significant rise in energy prices.