The favorable signals for Bitcoin are accumulating in Russia lately. The Ministry of Finance wants a favorable legal framework.
While Bitcoin is often seen as a young person's game, Bitwise Asset Management is changing the landscape. With the imminent approval of a BTC spot ETF, Bitwise is launching a bold advertising campaign. Targeting a broader audience, including Generation X, this campaign aims to educate and expand the perception of Bitcoin as a viable investment option.
Ethereum and Bitcoin are facing an unprecedented storm. Transaction fees on these networks have reached stratospheric levels, propelling the industry into an era of exorbitant fees. This situation, triggered by the rise of EVM inscriptions and ordinals, is radically transforming the use and perception of the world's two leading cryptocurrencies.
It seems that everything is coming together for Bitcoin to have an explosive year in 2024. This week has been more significant than most others in terms of the state of the markets. Two major events happened simultaneously with the release of the latest inflation data and the December meeting of the Federal Reserve, which announced plans for a rate cut.
Fidelity, the second largest investment fund after Blackrock in the ETF race, sees bitcoin reaching 15 trillion dollars within seven years.
Ethereum, traditionally perceived as a pillar of reliability and innovation in the crypto universe, is facing a potential reputation crisis. Recent revelations by Lane Rettig, a former lead developer, have shaken the foundation of this perception. He claimed that over two-thirds of Ethereum tokens were acquired during a controversial pre-mining. These statements raise questions about the transparency and integrity of the Ethereum blockchain, prompting deep inquiries.
Wave by wave, the European Union (EU) has taken various sanctions against Russia since the invasion of Ukraine, with the goal of suffocating the country's economy. In this context, the European organization has just adopted a 12th wave of sanctions specifically targeting crypto activities conducted by Russians.
In a notable interview on CNBC, Michael Sonnenshein, the CEO of Grayscale Investments, makes a bold prediction: the upcoming approval of Bitcoin Spot ETFs could, in his view, open the way to a $30 trillion crypto market.
Bitcoin ended the second week of December on a negative note, recording a 5% decline. However, it has started the new week on a positive note. Let's examine the future outlook for BTC's price together.
Ordinals and other inscriptions in Bitcoin transactions raise questions. Summary of the debate that has been raging for a few days.