Crypto euphoria is once again gripping the markets as major exchange platforms experience a significant increase in traffic in October 2024, driven by investor optimism and U.S. political prospects.
As Bitcoin continues to captivate investors worldwide by flirting with new historical highs, an unexpected voice rises to temper the euphoria surrounding the queen of crypto: that of Ki Young Ju, CEO of CryptoQuant, a benchmark in the industry. In a context where markets are buoyed by the prospect of Fed rate cuts and the repercussions of the recent U.S. presidential elections, Ki Young Ju makes a strange and far from optimistic prediction. According to him, Bitcoin could experience a drop of nearly 24% by the end of 2024, with a level around $58,974. This prediction, although out of step with the current enthusiasm, is based on a meticulous analysis of past trends and market data.
The stunning victory of Donald Trump in the American presidential election triggered an unprecedented financial tsunami on Wall Street. In a single historic day, the ten wealthiest people on the planet saw their net worth jump by $63.5 billion, marking the largest increase ever recorded by the Bloomberg Billionaires Index since its inception in 2012.
It’s a scenario worthy of the most thrilling thrillers, but this time, it is very real. Dean Skurka, CEO of WonderFi, was the victim of a kidnapping in the heart of Toronto. After a stressful ordeal and a ransom of 1 million dollars, he regained his freedom. This spectacular twist…
Bitcoin is establishing itself as a strong player in the market! BlackRock, abandoning gold, is swimming in crypto green. A true idol reversal!
French and Singaporean banking giants take a decisive step in the race for post-quantum security. The Bank of France (BDF) and the Monetary Authority of Singapore (MAS) have just achieved a world first: successfully testing a banking communication system resistant to future quantum attacks.
As the price of Bitcoin reaches historic highs, having nearly touched 77,000 dollars yesterday, Friday, November 8, 2024, investors are faced with a critical question: is this rapid rise supported by real value, or is the market already hitting its limits? In a price discovery phase where traditional benchmarks seem to dissolve, analyses on on-chain metrics allow for a better understanding of the underlying potential of the most emblematic cryptocurrency. Five key indicators show that, despite this peak, Bitcoin remains fundamentally undervalued.
The presidential election in the United States has always had the power to shake markets, but seeing crypto like Solana soar above the symbolic $200 mark after Donald Trump’s victory is surprising. Solana, the fourth-largest cryptocurrency by market capitalization, excited traders and investors with a 21% rise in one week.
In a move that would have seemed like science fiction a few years ago, Detroit is preparing to welcome cryptocurrency into its municipal coffers. Starting in mid-2025, residents of this city in full resurgence will be able to pay their taxes and other municipal fees in Bitcoin, Litecoin, and perhaps…
The French industrial giant Schneider Electric is facing a new cyberattack, the third in two years. The hacker group "Hellcat" threatens to disclose 40 GB of sensitive data, initially demanding an unusual ransom of 125,000 dollars in baguettes before backtracking to demand payment in Monero cryptocurrency.
Donald Trump's election to a second term as President of the United States could redefine the balance of power between Europe and its traditional ally across the Atlantic. In the face of this political upheaval, European leaders are confronted with critical questions about the future of their security, their strategic autonomy, and their economic partnership with the United States. As Europe is already weakened by internal tensions, Trump's return rekindles fears of an American disengagement in defense matters, as well as the threat of a trade war.
The Russian government has stepped into the bitcoin industry. This support is likely not unrelated to the ambition of bringing about a fairer international monetary system.
The storm may be brewing for Bitcoin. This time, it is not the result of the usual market fluctuations, but of an analysis anticipating a drop that could shake investor confidence. As Bitcoin flirts with a new historical peak around $75,000, respected analyst Benjamin Cowen warns of a possible substantial drop in price. According to him, a reversal could take shape in early December, coinciding with the release of the U.S. employment report.
The relations between the two largest global economic powers, the United States and China, are once again at the heart of trade tensions. Barely elected, Donald Trump is reinforcing his intentions to pursue a no-holds-barred protectionist policy, seeking to impose record tariffs on Chinese imports. This approach echoes his first term, where heavy tariffs created a precedent in the Sino-American trade war. But this time, in a post-pandemic context where the global economy is still fragile, the repercussions could prove to be more significant. While Beijing advocates for dialogue, the world is bracing for a new phase of commercial confrontation with potentially global effects.
Bitcoin, a true barometer of alternative financial markets, has reached a historic milestone by surpassing the $76,800 mark. A staggering figure, indeed, but according to many analysts, it is just the first page of a book that promises to become a bestseller. So, why this meteoric rise, and what else…
Ethereum, the undeniable giant of the blockchain, is making a new leap forward with the launch of the Mekong testnet, a name that resonates like a nod to the mysterious waters of the famous Asian river. At first glance, Mekong may seem like a simple addition to the Ethereum ecosystem.
In a particularly dynamic crypto market, the memecoin PEPE is showing remarkable performance with over 70% of its holders in positive territory. This spectacular rise comes as the token has just crossed an important psychological threshold by removing a zero from its unit value.
After Donald Trump's victory in the 2024 presidential elections, China's President Xi Jinping congratulated Trump and called for cooperation between the two nations. However, Beijing warns of the risks of a large-scale war that would benefit no one!
Donald Trump's victory in the presidential election on November 5, 2024, marks a potential turning point for the crypto industry. During his campaign, the freshly elected president of the United States made the crypto sector one of his key arguments, multiplying promises to the community.
New mandate for Trump: an explosive cocktail of a strong economy, with frantic drilling and impactful tariffs. The party begins!
The American political scene has always managed to capture the world’s attention, but the Trump-Musk alliance seems to defy all expectations. Amid electoral promises, media stunts, and entrepreneurial ambitions, these two figures continue to surprise. Yet, the central element fueling their rapprochement today is unexpected: crypto. An influential duo to…
Donald Trump's victory will finally give bitcoin its due recognition. Here are the top 4 good news to come.
In a new demonstration of the significant impact of artificial intelligence on financial markets, NVIDIA has surpassed Apple to once again become the world's most valued company. This turnaround, while symbolic, illustrates the growing power of companies that rely on cutting-edge technologies such as AI and advanced graphics processors. While Apple is experiencing the effects of a lackluster quarter, NVIDIA continues to attract investors thanks to its strategic positioning and expansion into key sectors. But beyond the mere valuation figure, this dynamic sheds light on deeper trends within the global economy and technology.
The crypto community is witnessing an unprecedented phenomenon in the Bitcoin market: as the price reaches historic highs, long-term investors are showing unusual restraint in taking profits. This trend, which contrasts with previous cycles, could signal a new era of maturity for the crypto market.
Bitcoin reaches a new historical record of $75,000 thanks to Trump's "upcoming" victory in the American presidential election!
France's budget deficit, now reaching 173.78 billion euros, has become a critical issue as it highlights the growing challenges the country faces in maintaining its financial commitments. With the end of the Covid-19 pandemic and the support measures, efforts to restore public finances seem to have encountered major obstacles. This budget gap exceeds forecasts and demands ambitious but controversial revisions. In this context, the government is striving to convince both European institutions and internal political actors of the viability of its austerity plan to avoid a lasting decline in state finances.
The difficulty of Bitcoin mining has recently crossed an unprecedented threshold: 100 trillion. This feat, unimaginable just a few years ago, symbolizes both the robustness and the increasing complexity of the network. However, behind this record lies a sometimes cruel reality for miners and a relentless adjustment to maintain balance.
Wall Street shows a moderate upward trend this Tuesday, as the United States holds its breath for the midterm elections that could reshape the political and economic landscape of the country.
In a new escalation of international trade tensions, China has officially filed a complaint against the European Union with the World Trade Organization (WTO). This action follows the EU's decision to impose significant tariffs, ranging from 8% to 35%, on electric vehicles imported from China. According to the European Union, these taxes aim to correct what is deemed unfair competition due to Chinese state subsidies. In response to this measure, China retaliates and denounces an infringement on free trade principles. This conflict arises as both economic powers attempt to position themselves as global leaders in ecological transition and technological innovation.
A new study by Bitget Research reveals a significant correlation between the activity of Telegram groups and the growing adoption of crypto, particularly in Africa and Eastern Europe. The analysis, which spans from January 2023 to August 2024, highlights a major transformation in the financial landscape in these emerging regions.