Saudi Arabia, a long-standing oil powerhouse, is making history by wholeheartedly embracing crypto. This transition, far from insignificant, marks a significant evolution in the global financial landscape.
During a congressional hearing, SEC Chairman Gary Gensler reaffirmed that Bitcoin is not a security. However, he refrained from categorizing it as a commodity, leaving doubts about the exact classification of this flagship cryptocurrency.
Huobi Global and Binance are two prominent crypto companies. In the crypto industry, rivalries are not uncommon. However, Binance CEO CZ remains sportsmanlike in the face of comparisons and extends a hand to his counterpart Justin Sun as his exchange falls victim to a hack.
The Fed has maintained its benchmark interest rate unchanged at 5.50% after eleven increases since March 2022.
"When you think of Bitcoin, you often think of economic superpowers or cryptocurrency havens like El Salvador. However, a recent study reveals a significant surprise: Nigeria dominates the ranking of countries most interested in this digital currency, even overshadowing El Salvador. This phenomenon raises several questions and deserves a deeper analysis. So, what is really happening in Nigeria?
In recent days, the Fed and CBDC have drawn significant attention from the crypto community. Fifty pro-crypto Republican lawmakers have just introduced a bill aimed at countering the CBDC. These elected officials raise valid concerns about financial privacy and individual freedom.
The dynamics of the crypto market are often influenced by major transactions. Recently, an investor who participated in Ethereum's 2014 ICO caused quite a stir by transferring a colossal amount of ETH to Kraken. Should we be concerned?
What is the cumulative inflation since 2010? What is the extent of purchasing power loss?
Bitcoin dropped by around -3% on Monday, September 11. Let's take a look at the prospects for the $BTC price.
In a sector where crypto is upending traditional financial paradigms, India is emerging as a revolutionary leader, leading the BRICS in a bold turn at the heart of the G20. This transformation, epitomized by the G20's keen interest in the crypto roadmap proposed by the IMF and FSB, is just the premise of a radically reimagined economic future. Let's dive into the heart of this epic where crypto intertwines with global politics, finance and a futuristic vision embodied by India.
Once upon a time, on October 28, 2021 to be precise, SHIB reached an ATH of $0.000 081. Since that day, this cryptocurrency has been on a long downward spiral, to the detriment of the Shiba Inu community. Many crypto traders believed that the advent of Shibarium would right this wrong. Three weeks on, but the SHIB bull run has yet to show its face. However, Shytoshi Kusama, the lead developer of Shiba Inu, is said to have a solution, including the SHIB crypto burn. Zoom in!
In the bubbling vortex of the digital age, India is waking up to a message that is resonating in every corner of the globe. The nation, which proudly stands as a pioneer of the crypto revolution, is throwing a stone into the pond of established conventions, by advocating a global harmonization of regulations framing the cryptocurrency sector. An impetus driven by an unexpected figurehead, marking a decisive chapter in the digital odyssey of our century.
Several reports on the performance of dollar-backed digital currencies suggest that crypto wallets containing stablecoins will eventually replace credit cards. The appetite for dollar-backed stablecoins in payments is increasingly surprising, and could even pose a threat to the business model of traditional payment companies such as Visa, PayPal and MasterCard. What do traditional payment companies have to say about this silent competitor?
India, this giant nation of millennia-old traditions, is resolutely embracing the digital future. Fervently embracing technological innovations, it is now positioned at the vanguard of the crypto movement, with major players such as Ripple and Yes Bank sitting at the top. But what does this crypto ascendancy really mean for the country and, more broadly, for the global financial landscape?
After suffering a drop of almost -10%, Ethereum came back to perform at over 5% at the start of the week. Let's take a look at the prospects for ETH.
In a particularly tumultuous crypto environment, there has recently been a rush of Ethereum whales. A trend which, according to recent reports, is not as widespread as we might have thought.
Bitcoin remains in the red year-on-year. However, this long period in the wilderness augurs well for a symmetrical bull market.
Do you have liquidity on Binance Liquidity Swap? Binance has just decided to remove a total of 39 liquidity pairs from its Binance Liquidity Swap platform. The list includes PEPE Coin pairs, despite the crypto's astronomical price growth in 2023. Back to the specifics of this decision.
Blockchain technology has attracted massive interest due to the relevance of the solutions it offers. As this interest grows, so does the need to improve the operational efficiency of blockchain networks. In response, Layer 2 scaling solutions have emerged as efficient options. This is particularly true for so-called Layer 1 blockchains such as Ethereum. Thanks to Layer 2 scaling solutions, the challenges associated with Layer 1 blockchains have now been overcome. However, the growing adoption of Layer 2 solutions has given rise to a complex and competitive landscape. A dynamic marked by the emergence of several projects proposing varied approaches to solving scaling problems. At a time when the market for Layer 2 solutions is facing numerous challenges, an analysis of the key dynamics of this market is essential.
Lately, a massive movement has been washing up on the shores of the crypto universe, sending ripples through the once calm waters. Whale Alert, like a lookout in the watchtower, identified a massive migration of XRP tokens from a Dutch platform. In the blink of an eye, almost half a billion tokens disappeared. This action caused a real tremor at the heart of the Ripple crypto.
The Bitcoin (BTC) price rebounded by over 1%, reaching a peak of $26,438. This rise is the result of several factors, including improved investor sentiment. The latter are beginning to ease liquidations on long positions.
The crypto universe is constantly evolving. This time, Bitcoin is the talk of the town with an announcement that could revolutionize its ecosystem. Prominent Bitcoin Core developer Luke Dashjr has reignited the debate by proposing a new implementation of sidechains. This promising but complex advance could give new momentum to the world's leading cryptocurrency.
The legal battle between Ripple and the SEC has reached a crucial stage, with major announcements regarding upcoming hearing dates and related deadlines. This battle, which has major implications for the future of Ripple and the crypto market, is taking a decisive turn. Let's dive into the latest developments in this thorny case.
As the SEC continues its hunt for crypto exchanges, the United States has decided to put the potential of stablecoins at the service of its economic policy. This is what can be deduced from a speech by U.S. Federal Reserve Chairman Jerome Powell, who acknowledges that stablecoins are a form of currency. Where does this sudden interest in stablecoins come from?
While the Binance platform is facing numerous difficulties, the BNB price has not remained unaffected. Let's take a look at the prospects ahead for the leading exchange cryptocurrency.
After several weeks testing the $30K zone, bitcoin has come to register a drop of over 10%. Let's explore the outlook for the leading cryptocurrency.
The crypto industry, as lucrative as it is mysterious, is full of unsolved enigmas. One of the most recent and intriguing confronts us with the quest of a whale - not one of the deep seas, but one of financial stature, which has recently wormed its way into the depths of Bitcoin.
This is far from the expected effect for Shibarium. Normally, the advent of Shiba Inu's Layer 2 ETH blokckchain would give SHIB wings. But what's happening now is shattering the hopes of many crypto investors. What can be done about it? The Shiba community seems to have found a solution.
Over the past few weeks, there have been several positive developments surrounding the Ripple XRP crypto. Some of these have been extremely positive, with several experts wetting their oats in favor of its price explosion. But what's really going on?
The previous week was marked by a sharp decline in the crypto market. The leader in terms of market capitalization, BTC, recorded a 10% drop, closing the week at around $26500. What if this drop represented a buying opportunity for bitcoin (BTC), as a bullish recovery seems imminent? That's precisely what the RSI and Hash Ribbons suggest.