Polygon (MATIC) is dropping and 92% of addresses are running out of money! Possible bullish reversal ahead for the crypto?
In the midst of a global economic storm, the Bitcoin market continues to display astonishing resilience. A new study reveals that an overwhelming majority of traders on Binance, one of the largest cryptocurrency exchange platforms, are betting on a future rise in BTC. This bullish trend reflects a significant increase in confidence in the flagship cryptocurrency, despite recent turbulence and persistent challenges in the sector.
Initially expected to launch in early July, the launch of Ethereum ETFs has been postponed by the SEC, plunging crypto investors into palpable uncertainty. This unexpected decision, marked by additional requests for revisions of the S-1 forms, highlights the persistent regulatory challenges facing the adoption of digital assets.
Finance has profoundly evolved since its inception and especially in recent years: development of environmental or social criteria, arrival of blockchain, etc. At the same time, behaviors have evolved with the rise of ETFs, the rejuvenation of investors, and the reduction in holding periods for securities. In the current political context, radically opposed visions clash. Is finance really viable in France?
The democratization of cryptocurrencies is progressing with 38,279 active Bitcoin ATMs in 2024, strengthening their global presence and facilitating transactions.
If you take a look at the meme scene, you will notice that many meme coin “players” are currently experiencing an increase in value. Many meme coins are blooming these days.
On June 30, 2024, a historic turning point was reached for Ethereum: the network recorded its lowest gas fees since 2016, news that reverberates like an earthquake in the crypto ecosystem. This unexpected phenomenon comes in a context of high transactional activity, redefining the economic dynamics of the world's second-largest blockchain. Why this dramatic drop in gas fees and what are the implications for the future of Ethereum and the crypto sector as a whole?
Russia's oil revenues are experiencing a spectacular surge despite severe economic sanctions imposed by the United States. In June, oil and gas revenues soared to $9.4 billion. This unexpected performance highlights Russia's economic resilience and underscores the growing role of the BRICS bloc in the global energy landscape. While the sanctions aimed to weaken Moscow, Russia has adeptly navigated these obstacles to redefine the dynamics of the international oil market.
Week 26 witnessed a significant decrease in the crypto market, with Bitcoin losing about 16% of its value compared to its recent peak. Bitvavo provided a detailed analysis of this downward trend, attributing the drop not to specific events, but rather to a general atmosphere of uncertainty and concern.
Bitcoin recently reached new all-time highs, fueling hopes of an extended bull market. However, with an apparent slowdown in the current cycle, when can we actually expect the queen of cryptos to reach its peak?
The cryptosphere is in turmoil: Bitcoin is experiencing a historic drop in the rate of its active addresses. Never seen in over ten years, this decline raises questions about investor commitment and market dynamics. Why are transactions decreasing, and what are the implications of this trend for the future of the world's most famous crypto?
The Mica law comes into effect on June 30th. Too ambiguous and restrictive, the law is controversial and concerns professionals in the cryptocurrency industry. Ultimately, USDT and USDC could completely disappear in Europe.
A recent study reveals that about 78% of Initial Exchange Offerings (IEOs) of crypto tokens would be manipulated by market makers. This practice raises serious questions about the integrity of the listing process and its implications for traders and hodlers.
Despite the current bearish sentiment, the crypto market could experience a sharp rise by the US elections in November. This is what Quinn Thompson, an expert at Lekker Capital, predicts, with Bitcoin reaching $100,000 and Ethereum at $7,000.
China may re-evaluate the ban on crypto mining, which is causing a $4 billion loss due to miners fleeing.
Bitcoin is experiencing a 14% decline in the 2nd quarter of 2024! Marking a historic turning point since Q3 2023.
Saudi Arabia has joined the mBridge international payment system project. Another step towards the end of the petrodollar and bitcoin...
Crypto ETFs are all the rage. However, for the XRP and Cardano communities, the wait could be prolonged. A recent study by GSR reveals unflattering scores for these two assets, suggesting that the likelihood of XRP and Cardano ETFs being approved in the near future remains low. This analysis, based on rigorous criteria of decentralization and demand, unveils significant structural weaknesses that hinder their ETF potential.
A wind of change is blowing over the bitcoin market. Miners seem to be adopting a new approach to recent challenges. Recent data shows a decrease in BTC sales by these players. A new strategy that could herald a phase of consolidation and recovery for the leading cryptocurrency.
The crypto market is set to have a tumultuous July with the unlocking of tokens worth a total of $860 million. Approximately 40 crypto projects will see a portion of their tokens released into the market, an event that could have significant repercussions on prices and market dynamics.
Inflation slowed in May in the United States, fueling speculation about a decrease in interest rates by the Federal Reserve in September. This development has sparked keen interest among cryptocurrency investors, who are wondering how bitcoin and altcoins will react to this decrease in inflation. Analysts offer different interpretations of this economic change.
Stock market: record-breaking, but beware of elections!
Despite the recent excitement surrounding Solana, analyst Santiment predicts a more robust growth for Avalanche (AVAX) in the coming days. This projection comes in the context of a widespread crypto market rally, where AVAX and SOL have both recorded significant gains.
The social sentiment around Bitcoin is collapsing, a sign of a market at its lowest? Discover the outlook for BTC price.
21Shares introduces an ETF Solana application! A new chapter opens for crypto investment and financial innovation.
The Bitcoin market continues to surprise and evolve. An important milestone has just been reached: more than one million Bitcoin addresses now own at least one BTC. This news, reported by the blockchain analytics platform IntoTheBlock, highlights a significant trend in the adoption and trust in Bitcoin.
Historically, the month of July is synonymous with significant gains, and this year could well confirm this trend. For savvy investors, it's the perfect time to reassess their portfolios and seize the opportunities offered by the market. Five cryptos stand out particularly for their growth potential and recent developments surrounding them. Whether you are an experienced investor or a newcomer to the world of cryptos, these five assets deserve your full attention. Find out why Bitcoin, Solana, Ethereum, BNB, and XRP are the cryptocurrencies to watch closely in July.
A recent report from GSR Markets suggests that the approval of a spot ETF for Solana could propel the price of SOL to never-before-seen levels. This perspective comes as VanEck files for a Solana ETF, strengthening the idea that this crypto could transform the financial landscape.
Robert Kiyosaki, the famous author of the bestseller "Rich Dad Poor Dad", and a strong advocate for Bitcoin (BTC), recently shared his opinion on Bitcoin exchange-traded funds (ETFs). While he is a staunch supporter of BTC, Kiyosaki categorically rejected the idea of investing in Bitcoin ETFs, approved in January 2024. This article explores the reasons for this stance, as well as its implications for investors.
The altcoin season, a long-awaited period for crypto investors, would be imminent according to a recognized market expert. Despite the recent decrease in the altcoins' capitalization, signs of a turnaround are multiplying.