As the price of Bitcoin recently surpassed $65,000, many investors believe that the bottom of the downturn may have already been reached. Technical indicators like the MVRV ratio are giving a positive buying signal, suggesting potential gains of 67%.
Very bad news for the European Union and the USA! The IMF has just released its 2024 report on global economic prospects for the year. In this 202-page document, the Bretton Woods institution presents Russia as one of the strongest and most promising in 2024. The economy of this founding BRICS country, which was supposed to be bending under the pressure of Euro-American sanctions, is expected to experience a growth of 3.2% in 2024. Details.
Bitcoin is experiencing turmoil, massive ETF outflows fuel uncertainty, analysts are baffled by incomplete data.
The contagion effect between US stocks and Bitcoin is likely to cause further ripples. The recent drop in the S&P 500's performance below its 50-day moving average is already leading to growing nervousness among investors, which could have repercussions on the crypto market. How will this development affect Bitcoin? This article examines the potential impact of the S&P 500's fluctuation on the flagship cryptocurrency.
Times are tough for the US dollar. Once a symbol of stability and a pillar of the global economy, it now faces a gradual erosion of its supremacy. Amid fluctuating monetary policies and geopolitical tensions, the foundations of its dominance are being challenged. Like the BRICS, many countries are ditching the US dollar for various reasons.
On Sunday, April 7, Bitcoin (BTC) saw a new increase in its value. Its price, which had significantly dropped in the previous days to a level close to $65,000, rose to just over $70,000. Just days before the halving, this rise in the price of the flagship crypto is sparking speculation.
It was known that with the dynamism that has been theirs for several months, cryptocurrencies have lifted many people out of financial misery. The magazine Fort, in a recent study, documented these perceptions. Its report shows how in the space of a year, these assets, both beloved by some and feared by others, have created new billionaires. As for the old ones, they have seen their financial assets linked to crypto grow in line with their faith in these assets. In this article, we present to you those who, through risks, have become wealthy thanks to crypto.
It is traditionally accepted that Bitcoin (BTC) maintains a relationship with the stock market in terms of movement. If this link remains, a crypto expert reveals that it is not as strong as commonly believed. He especially notes that Bitcoin's correlation with the S&P 500 is now negative.
Charles Hoskinson, the co-founder of the crypto firm Cardano, recently spoke about ADA, the native asset of the platform. More than ever, the expert believes in the cryptocurrency's ability to establish itself through its dynamism. An optimism that will need to contend with the constant threat posed by the inherent volatility of the crypto market.
The Securities and Exchange Commission (SEC) decision on Ethereum spot ETF applications is expected to come in May. In the meantime, the regulator is following the procedure of considering public opinions and concerns before making a decision. This was notably the case for Bitcoin Spot ETFs.
Bitcoin is plagued by uncertainty as Ether gains strength in the turmoil of the cryptocurrency market.
The spectacular rise in the valuation of ether (ETH), the native crypto of Ethereum, is not the only positive trend of the platform in recent months. According to the latest data, there is an increase in the total number of Ethereum wallets. Their number has reached a historic record.
The Solana crypto platform is at the center of a recent controversy. It involves the perceived offensive nature of certain memecoins based on this blockchain. Recently, the leaders of this platform have spoken out, stating their commitment to putting an end to the observed excesses.
This Friday, the crypto derivatives exchange Deribit is set to experience one of the biggest Bitcoin options expirations in its history. With $9.5 billion in open interest about to expire, the market could see increased volatility in the coming days.
As the wind of the resumption of its upward momentum continues to make people happy, there is already interesting news about bitcoin (BTC). According to some experts, we are heading straight towards a supply shortage of the flagship crypto. A possibility that would not be without consequences for the broader crypto market.
Bitcoin had reached a new price record of over $73,000 a few days ago. After disappointing investors with a sharp correction towards $65,000, the flagship cryptocurrency once again hit the $71,000 mark. Here, in this article, are the reasons that could justify such a strong comeback.
Bitcoin (BTC) has been in a gloomy trend for the past few days. However, investors seem to be holding onto their position regarding the leading cryptocurrency. A trend that could change as Bitcoin regains strength.
The future of Bitcoin hanging in the balance: investors are closely watching critical levels, fearing an imminent plunge.
The price of Bitcoin has experienced a significant resurgence, gaining nearly 10% since its recent low at $60,800. However, key resistances stand in the way of BTC's return to above $70,000. Let's analyze the market outlook.
The decision of the Federal Reserve regarding the interest rate cut was particularly anticipated. The Fed defies the predictions of some analysts by keeping them at their current level. A prudent choice that could change as the inflation of the US economy slows to 2%.
According to the latest information, Bitcoin (BTC) has dropped again in the past few hours after recently reaching a milestone it had never achieved before. Bitcoin Spot ETFs, celebrated for their notable performances since their launch, are partly responsible for this.
As the crypto market experiences a plunge, investors who have been actively positioned in ether are cashing out their gains. In this context, a trend towards selling is being observed among several large investors. This dynamic is fueling speculation about the prospects of the crypto.
Is this already the end of the recent bullish crypto market? The question is worth considering given the trend of asset liquidation now observed among many investors. A dynamic that is linked to the increased market volatility.
After setting a new record price at $74,000, Bitcoin (BTC) is sinking in a fall that has caught the attention of the crypto community. Mike Novogratz, one of its prominent members, has spoken out on the subject. He believes that the price of the flagship crypto will undergo a significant correction. Here are his arguments.
As part of the lawsuit filed against the COPA, the self-proclaimed father of Bitcoin discredited himself by deliberately modifying the contents of the Bitcoin whitepaper. As this closely watched trial within the crypto community nears its end, Craig Wright may see red as the COPA plans to counterattack.
How far will bitcoin go? Author of unprecedented feats in the market in recent weeks, the flagship crypto continues to attract the attention of investors. It has just achieved a new historical record.
In a context of a general surge in the crypto market, XRP, the native cryptocurrency of Ripple, seems to be facing a particular situation. While several cryptos have managed to reach their all-time price high again, XRP is struggling to follow the trend. The asset raises concerns related to its depreciation over the past 6 years.
Bitcoin (BTC) needs no introduction. This cryptocurrency is particularly attracting attention for its current dynamism because it is the most popular crypto on the market. But Bitcoin is also a revolutionary asset that has changed our perception and our relationship with money. Today, it is increasingly accepted that money can be not only fiduciary and material, but also digital and virtual, thanks to the emergence of Bitcoin in 2008. However, this almost miraculous appearance of Bitcoin is not a coincidence. Three visionaries, namely Milton Friedman, Friedrich A. Hayek, and Henry Ford, had predicted it. This article looks back at these prophets who announced what some like to call "digital gold".
Currently, the price of bitcoin (BTC) in the market is around 67,180 dollars. In Egypt, this same bitcoin has increased by one million Egyptian pounds. The valuation of the flagship crypto in the land of the pharaohs has recently exploded as the local currency has undergone a substantial devaluation in a challenging economic context.
Ether (ETH), the second most popular crypto on the market, is attracting investor attention with its outstanding performance. Like bitcoin (BTC) which it follows, it has reached a historic price record of $3,800. Here's how analysts explain this surge in strength.