Galaxy Digital moved nearly 3,800 BTC, worth about 450 million dollars, to exchange platforms. Despite this, bitcoin remains stable around 119,000 dollars, showing no signs of panic. Even a brief drop to 117,000 dollars was not enough to change the trend.
He does not speak. He does not sell anything. Yet, Satoshi Nakamoto has just shaken the top of the financial pyramid. Thanks to a bitcoin that has risen to 122,500 dollars, the creator of cryptocurrency has amassed an estimated fortune of 134.26 billion dollars. Without ever having moved a single one of his tokens.
In the midst of a volatility session, crude oil has seen a spectacular turnaround, driven by major geopolitical signals. This resurgence, far more than a technical rebound, fits into a broader strategic dynamic. As markets scrutinize the link between raw materials and cryptocurrencies, this development reconfigures the balances within energy markets.
Financial markets have their prophecies, and those of the crypto world are no exception. Indeed, when a $100 billion asset manager like VanEck makes an ambitious prediction such as Solana (SOL) rising to $520 by the end of 2025, the crypto ecosystem stops, observes, and analyzes. Should this be seen as a reliable indicator or an excess of optimism? This announcement is already provoking reactions from investors and analysts. Between technological prospects and market realities, let's revisit this forecast that could reshape the crypto landscape.
Since its launch, Ethereum has established itself as a cornerstone of the crypto ecosystem, thanks to its ability to combine technological innovation with large-scale adoption. While the market is experiencing significant fluctuations, analysts are now considering an ambitious scenario: Ether (ETH) could reach the symbolic threshold of $15,000 by May 2025. This prediction is based on several converging factors. On one hand, strong technical signals, such as a three-year ascending triangle, suggest a sustainable upward trend. On the other hand, growing interest from institutional investors, driven by massive inflows into Ethereum ETFs, reinforces this perspective.
As global markets question the future of energy resources, the price of oil is experiencing a marked decline. This Monday, both Brent and WTI prices show a significant drop, a trend that worries investors as the Organization of the Petroleum Exporting Countries (OPEC) and the International Energy Agency (IEA) are set to release their monthly reports on the state of oil markets. At the heart of this news is the global economic situation, influenced by an uncertain recovery in China and U.S. energy policies, which fuels a volatile and complex dynamic for the months to come.
XRP experienced a decline of nearly 2% in just 24 hours. Indeed, it is the strategic movements of whales that are shaking the market. Their influence on prices is not negligible and can shift predictions in an instant. Yesterday, Friday, October 18, 2024, the massive sales of several million tokens by these key players reminded us of how fragile market dynamics can be.
Week 26 witnessed a significant decrease in the crypto market, with Bitcoin losing about 16% of its value compared to its recent peak. Bitvavo provided a detailed analysis of this downward trend, attributing the drop not to specific events, but rather to a general atmosphere of uncertainty and concern.
Bitcoin miners are losing money due to energy costs. Is a price increase imminent?
While Ethereum's price consolidates around the crucial support of $3000, investors are watching crypto market signals. Between long-term holders' resilience and short-term speculators' fears, ETH might hold some surprises.
The upcoming auction of Solana by FTX is attracting the interest of major players in the crypto market. This move could have a significant impact on the price of the SOL token, which is currently on the rise.
What projection could be made about the price of BNB, the native cryptocurrency of the Binance exchange, considering the particular year that was 2023 for this asset? Despite the legal challenges that Binance faces, the price prospects for BNB in 2024 appear promising. Here's why.
Bitcoin (BTC) has left an indelible mark on the crypto industry in 2023. This was achieved through an exceptional dynamic that saw the leading cryptocurrency double its value from the beginning of the year. Will the asset continue on this trajectory in 2024? Let's explore in this article the factors that can influence it in either direction.
Not long ago, the crypto firm Ripple had released a portion of its reserves in XRP, raising questions about potential impacts on the XRP market. New transactions of the same type carried out by Ripple and involving anonymous wallets have caught the attention of the crypto community.
In a recent report, the UN looks at the energy consumption of Bitcoin, highlighting a close link between the price of BTC and its energy consumption. But what is the reality?
According to the latest news, Coinbase's treasuries currently hold approximately 1.68 million ethers, equivalent to around $2.69 billion. Why does Vitalik Buterin, the co-founder of Ethereum, continue to replenish this American crypto exchange with ETH? The crypto community is once again pondering this question. Let's take a closer look!