Archive May 2024

The myth of crypto wealth spent on Lamborghinis and bling-bling is persistent. However, research reveals that these gains primarily fuel real estate, boosting property markets where crypto is popular.

Bitcoin is going through a slowdown phase. Crypto network activity and interest are decreasing after an initial peak.

Between revolutionary announcements, technological advancements, and regulatory turbulence, the crypto ecosystem continues to prove that it is both a territory of limitless innovations and a battleground of regulatory and economic challenges. Here is a summary of the most notable news from the past week around Bitcoin, Ethereum, Binance, Solana, etc.

The Entangle protocol has set out to reshape the architecture of decentralized financial technologies. Its ambitious goal of connecting liquidity across different chains in the crypto ecosystem is now coming to fruition with the launch of its mainnet. An event that will finally allow users to benefit from its various products.

The company Metaplanet will implement the same Bitcoin strategy adopted by Microstrategy, Michael Saylor's firm.

Microsoft, a global leader in the technology sector, announces a 4 billion euros investment to develop its cloud and artificial intelligence infrastructures in France. This financial commitment, the largest of the company to date in the country, was revealed during the Choose France summit. It aims to accelerate the adoption of AI and strengthen the competitiveness of the French digital ecosystem.

The giants of finance such as JP Morgan and Wells Fargo announce increasing exposure to Bitcoin ETFs, reflecting a shift in perception of Bitcoin by traditional financial institutions.

One of the basic tenets of MMT is that the government has no budget constraint. Yet this dangerous theory has colonized the highest echelons of government.