On December 5, 2024, Bitcoin reached a historic milestone by hitting a record price of $104,000. This spectacular rise also led to an increase in Bitcoin's dominance in the crypto market, which bounced back to 57%!
Bitcoin has just crossed a historic threshold: 100,000 dollars. More than just a simple number, this is a proclamation, a moment when cryptocurrency moves from a niche dream to a global economic force. Yet, this peak is not just an achievement. It is the beginning of a new story where investor confidence is reshaping the lines of the financial market.
The crypto market is going through a turbulent period marked by record liquidations of 618 million dollars over 24 hours. Michael van de Poppe, founder of MN Capital and a recognized analyst, warns of a possible flash crash, while paradoxically seeing it as an investment opportunity.
In 2024, the crypto market reaches a key milestone in its development with an unprecedented rise in invested institutional capital. This phenomenon reflects a profound transformation of financial dynamics, driven by a growing adoption of cryptocurrencies in traditional investment portfolios. At the center of this transformation, Binance stands out by consolidating its position as the global market leader among exchange platforms. The staggering growth of average bitcoin deposits on this platform surpasses that of its main competitors, confirming its crucial role.
The Russian president finally uttered the word "Bitcoin" during the Moscow Economic Forum. A day to be marked in white stone.
Bitcoin, the pillar of the digital economy and a central figure in global speculation, is approaching a historic milestone. As its price hovers around the symbolic threshold of $100,000, attention is focused on the movements of "whales," those investors holding significant amounts of BTC and capable of influencing the market on a large scale. While massive transfers of bitcoin to exchanges suggest liquidation possibilities, no major sales have been realized thus far. This cautious stance, revealed by data from CryptoQuant, reflects a waiting strategy that intrigues as much as it worries investors.
In the depths of finance, BlackRock holds a treasure: 500,000 BTC, 48 billion digital dreams. The giant anchors itself in the legend of cryptocurrencies.
The month of December is finally here, and with it, the magic of Christmas! To celebrate this festive season, GENEZYS has prepared an unmissable event for all sports enthusiasts: the Athletes' Advent Calendar. From December 1 to 24, discover a new exclusive surprise every day directly on Instagram and a dedicated page.
The crypto market has witnessed a remarkable event recently, as TRON (TRX) reached a new all-time high, doubling its price within a few hours. This spectacular rise propelled TRX to a record price of $0.44, marking an 85% increase in a single day.
Grayscale, one of the giants in cryptocurrency investment, has recently shaken the Securities and Exchange Commission (SEC) by filing a proposal to create a spot Solana ETF. This bold move could signify a turning point in the approval of spot ETFs for cryptocurrencies other than Bitcoin and Ether. The Grayscale Solana Trust, currently the largest pool of investments in Solana, may soon be converted into an exchange-traded fund, under the symbol GSOL. If validated, this development could redefine how institutional investors access Solana and shine a welcome spotlight on this blockchain.
For several months now, American investors have been focused on ETH ETFs, those famous exchange-traded funds that provide simplified exposure to the world's second-largest cryptocurrency. But what explains this sudden enthusiasm? The answer lies in an explosive mix of innovations, promises of returns, and a rapidly changing regulation.
After the historic approval of spot Bitcoin ETFs, the crypto market may soon welcome a new major investment product. WisdomTree, Bitwise, and Canary Capital have filed applications to launch a spot XRP ETF, as Ripple's native token has seen a spectacular rise of over 400% in the past month.
Chainlink (LINK) soars to $25.32 and crypto oracles celebrate: the "bank coin" is here, XRP has become just a banking joke.
As the war in Ukraine drags on, the economic consequences for Russia are beginning to be felt more acutely. Initially noted for its resilience against one of the most severe sanction regimes in modern history, the Russian economy today shows clear signs of fatigue. Inflation is accompanied by soaring interest rates. At the same time, the fragility of the ruble, which is in constant decline against the yuan, reflects an increasing dependence on China, Moscow's main trading partner.
MicroStrategy, the business intelligence firm led by Michael Saylor, continues to bolster its position in bitcoins despite market fluctuations. According to new research published by capital advisor Jeff Walton, MicroStrategy could survive a drop in the price of BTC to as low as $20,000 without incurring significant losses. How?
Investors are ramping up their bets on a decrease in the U.S. Federal Reserve's benchmark interest rates in December, according to the CME FedWatch tool. The probability of a 25 basis point reduction has surged to 74.5%, compared to 66% last week.
For years, the altcoin season, this iconic event where secondary cryptos outperform Bitcoin, has captivated investors. However, a new dynamic is emerging. According to the latest analyses from CryptoQuant, this phenomenon, once dictated by capital flows between Bitcoin and altcoins, now relies on the strength of stablecoins. This transformation signals a maturation of the market, but also an evolution in investor behavior.
Ripple is on the rise: massive accumulation, staggering forecasts, and XRP in the race to triple its historical records.
Solana (SOL) has had a remarkable year in 2024, with a 117% increase in its price since the beginning of the year. As we enter December, crypto analysts are wondering whether this bullish trend will continue and if Solana will reach new all-time highs.
Discover the hidden aspects of the ECB's digital euro project, scheduled for 2025, and its implications for the future.
Historical data suggests that crypto markets typically experience a slowdown following the U.S. presidential inauguration. A new study by TS Lombard highlights this cyclical phenomenon, particularly pronounced during Republican transitions.
Hedera (HBAR), boosted by a golden cross that would make the stock market blush, jumps 40% and leaves other cryptos in awe.
The USA transfers 2 billion dollars in Bitcoin seized from Silk Road, causing tensions in the crypto market.
The price of Bitcoin soared by more than 2% this Monday, December 2, at the opening of Wall Street, boosted by the announcement of a new major investment from MicroStrategy. The company confirmed that it acquired $1.5 billion worth of BTC over the past week, reviving hopes of seeing the cryptocurrency soon surpass the symbolic threshold of $100,000.
Investment products based on Ethereum recorded a net influx of $634 million last week, mainly due to U.S. spot ETFs. As a result, Ethereum funds have reached a new annual record of $2.2 billion in net inflows, surpassing the peak of $2 billion reached in 2021, much to the delight of crypto investors.
In a new verbal escalation, Donald Trump, elected president of the United States, has shaken global markets. Indeed, he has threatened to impose 100% tariffs on the nations of the BRICS alliance. This statement comes in a tense economic context, where the dollar, a cornerstone of international trade, is increasingly being challenged by emerging powers. Such a challenge to the monetary status quo could well reshape the global geopolitical balance, but also lead to significant economic turbulence.
MetaFight, the very first MMA card game, reaches a key milestone in its crypto development with the launch of its native token, $MFT. After a successful IDO on November 26, 2024, the Token Generation Event (TGE) will officially take place on December 3, 2024, on the Base blockchain.
With XRP soaring, Ethereum galloping, and the Fed squawking, the week promises to be as unpredictable as a night market. Watch out for the jolts!
Discover the three key scenarios to watch this week for Bitcoin, Ethereum, and Ripple in the crypto market.
The founder of MicroStrategy made a bold pitch to Microsoft’s board of directors, suggesting that the company could nearly triple its value by converting its cash and financial assets into bitcoin. This ambitious proposal, detailed in a 44-slide presentation, represents one of the most significant institutional adoption strategies for Bitcoin ever proposed.