The price of Bitcoin recently soared following a series of events triggered by BlackRock's ETF request. Some analysts believe this marks the beginning of a bull run for the flagship cryptocurrency. However, one of them remains cautious about this prospect. Here's why.
Despite the challenges facing the crypto industry, including regulatory prosecution, Cardano (ADA) continues its upward climb in adoption. In June, the network recorded an average of 2,446 new crypto wallets per day, bringing the total number of Cardano holding addresses to 4,161,225. This trend bears witness to Cardano's growing appeal.
The news about the queen of cryptocurrencies is closely followed, and predictions about its future are multiplying by the day. The digital asset has been experiencing an upward trend for the past few days, much to the delight of Bitcoiners. Many analysts agree that it is destined for better days. Renowned investor Michael Saylor is among those who believe this and has recently shared the reasons why he believes Bitcoin (BTC) will continue to dominate the cryptocurrency market for a long time.
Performance in the first half of 2023 has been largely supported by liquidity. Furthermore, the good news in June was the agreement reached on the debt ceiling limit. It has been increased until 2025, which subsequently reassured a number of financial market operators. It's not the agreement itself on the ceiling limit that's worth keeping an eye on, but rather the impacts of a liquidity squeeze on Bitcoin and the crypto market for the second half of the year.
On Documenting Bitcoin's Twitter profile, there's a video of BlackRock CEO Larry Fink explaining that “Bitcoin has caught the attention and imagination of many people. They're fascinated and excited.” As a reminder, BlackRock is the world's largest asset manager.
Altcoins, innovative digital assets with a wide range of functionalities, offer promising investment opportunities that are attracting a multitude of investors. The latter are particularly drawn to the exceptional performances achieved by these alternative currencies during the "altcoin season", to the point of sometimes overshadowing Bitcoin (BTC), the first and main cryptocurrency. In response to this phenomenon, many analysts and investors seek to draw comparisons between Bitcoin and altcoins, in order to refine or enhance their investment strategies. Specialist research firm K33 Research has also embarked on this analytical journey.
Moody's is a well-known research and risk analysis company within the cryptosphere. On June 20, it published a most interesting report on crypto in the United States. Specifically, it highlights the political divisions in the US regarding crypto regulation.
Unlike other cryptos, stablecoins inspire relatively more confidence among users. This is due to the stability of their value, which correlates with that of a fiat currency. However, their monetary status had never been officially recognized. At least, until Jerome Powell, Chairman of the US Federal Reserve (Fed), did so. Is this a turning point?
Many believed that Binance would come to an early end after the SEC began its attack earlier in June. But the tables have turned in recent days. The court recently ordered the two protagonists to reach an out-of-court settlement. According to the latest news, Binance.US is about to take the matter to court over a mistake made by the SEC.
A ship doesn't set sail across the ocean without the clear guidance of its captain, nor without keeping an eye on the uncontrollable forces of nature. Likewise, the bitcoin ship is preparing to set sail on its next bullish voyage, with two essential factors on board: regulatory clarity in the US and falling inflation.
ADA, Cardano's native cryptocurrency, is currently showing a bullish trend despite the bear market and is trading around $0.30. However, some signals indicate that a potential decline in the asset's valuation cannot be ruled out.
On Tuesday June 20, EDX Markets, a new crypto exchange, announced the launch of its trading activities. The launch did not go unnoticed in the ecosystem, as the platform enjoyed the support of a consortium of popular institutions in the financial universe. These include Wall Street giants Fidelity Investments, Charles Schwab and Citadel Securities.
BlackRock recently filed a Bitcoin ETF application with the SEC. According to several analysts, the process could be beneficial for the price of Bitcoin (BTC) by attracting more institutional investors. Recent trends point to an increase in institutional investors' confidence in the crypto market.
After plummeting to $25,000, the Bitcoin price is skyrocketing. Many see this dynamic as a positive development. However, Peter Schiff disagrees. The investor criticizes the skyrocketing price of the flagship cryptocurrency. He believes the trend will only last for a short time.
Many believe that the 2024 Bitcoin Halving will be decisive for the cryptocurrency. But instead of waiting a few months to cheer up the crypto community, BTC took many by surprise today. It traded at $138,000 early in the morning on Binance.US.
Binance étant au cœur des polémiques liées aux attaques du régulateur Américain, le cours du Binance coin (BNB) en a littéralement payé les frais.
The crypto market saw a significant rise on Friday, mainly thanks to a positive announcement from BlackRock. Bitcoin (BTC), one of the big winners following this news, recorded a 6.7% rise, which could signal a resumption of the bull-run.
The European Union is gearing up to write a decisive new chapter. The rules governing the Markets in Crypto-Assets (MiCA) are fast approaching, promising a series of far-reaching changes for companies in the cryptosphere.
BlackRock is particularly interested in cryptocurrencies, as well as ETFs. A few months ago, the company launched an ETF in Europe. This time, they have set their sights on a Bitcoin ETF. There is no guarantee that this process will be successful, but it could have significant effects on the flagship cryptocurrency market.
The SEC's legal action against Binance continues to make headlines in the crypto world. Binance executives have vowed to fight and defend their platform. But does the SEC, the one who initiated the battle, really have the means to win this showdown? Carol Alexander has her doubts. Here's why.
The renowned analyst Bluntz is known for his bearish predictions in the crypto market. His projections have hit the mark in the past, like when in 2018, the analyst successfully predicted a significant drop in Bitcoin's valuation. In this post, we'll share his latest analysis regarding the queen of cryptos.
It's clear that Ripple won't wait for Judge Torres' conclusion to establish its supremacy as a financial services provider for businesses. Therefore, Brad Garlinghouse's company has decided to expand its operations in Europe if MiCA becomes law. Zoom!
In an already well-established geopolitical context, BRICS is gradually carving out a significant disruptive role. This coalition of emerging nations is intensifying its economic power with such force that the pressure keeps mounting. This trend is redefining global power dynamics, and some states, like France, seem to have no intention of remaining mere observers.
US Treasury Secretary Janet Yellen warned Congress on Monday to expect a gradual decrease in the share of the dollar in global reserves. US debt.
The Hinman documents, previously held by a former SEC executive, are at the core of the legal battle between the SEC and Ripple. According to Ripple, their disclosure is crucial to the outcome of the case. The disclosure has finally happened but falls short of Ripple's expectations, leaving its executives disappointed.
A solo miner defies the odds and hits the jackpot! With a one in 5,500 chance, this independent miner struck gold by solving a Bitcoin block worth 6 BTC, approximately $160,000. What makes this remarkable feat even more impressive is that it was achieved using mining hardware that is six years old.
Despite the recent collapse in its price, many fervent bitcoin supporters still believe in its potential. The Winklevoss brothers, Tyler and Cameron, are among those bitcoiners who see the asset reaching new heights.
In the SEC VS Binance case, a US federal judge has rejected the request from the US regulator. Quick breakdown: Binance US assets will not be frozen. However, the judge demands further negotiations between the SEC and Binance lawyers. The goal is to define boundaries and resolve security issues.
Crypto billionaire Cameron Winklevoss has warned that the ongoing crypto war orchestrated by Senator Elizabeth Warren and SEC Chairman Gary Gensler could harm the Democratic Party. He was followed by his twin brother, Tyler Winklevoss, who is more specific and predicts a Democratic defeat in the 2024 presidential elections if this war continues.
The SEC appears determined to take drastic measures in the crypto sector. After officially targeting two major crypto exchanges, it is now intervening in cryptocurrencies. The classification of certain cryptos as unregistered securities has triggered a price drop for many altcoins. Among them, Algorand and Flow reached their lowest levels over the weekend.