Ethereum (ETH) is drastically down to $3000, and despite that, some traders are still managing to profit from this downward trend. This is the case for a savvy investor, who has made nearly 16 million dollars in gains by betting against the crypto! So, is Ethereum more profitable during a downturn?
Bitcoin, freshly crowned with a peak of $102K, stumbles and dangerously flirts with $95K. A slight shiver or the beginning of a major downfall? Cryptocurrency trembles, and so do investors.
India is currently reassessing its position regarding cryptocurrencies. Ajay Seth, the economic secretary of the Ministry of Finance, stated that India is closely monitoring international developments related to cryptocurrencies. The rise of these digital assets globally is prompting the country to reflect on its regulation and policy regarding crypto.
Donald Trump unveils his radical strategy to counter the monetary ambitions of the BRICS. In response to their proposal for a common currency, he threatens to impose 100% tariffs against any country that adopts it. This tough approach masks secret negotiations that could reshape the global monetary order.
Bitcoin asserts its dominant position against altcoins. The queen of cryptos sees its market share cross the symbolic threshold of 60% on February 2, while altcoins suffer significant losses following the new trade measures imposed by President Trump.
Amid revolutionary announcements, technological developments, 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 struggles. Here is a summary of the most significant news from the past week surrounding Bitcoin, Ethereum, Binance, Solana, and Ripple.
The crypto market is experiencing significant instability, and XRP is bearing the brunt of it. Indeed, the asset linked to Ripple has plunged by 25%, reaching an unprecedented low in several weeks. This brutal correction is not limited to XRP. Bitcoin has dropped by 6.35%, while Dogecoin has recorded nearly a 25% loss. This widespread pullback can be explained by an explosive cocktail of economic tensions and heightened speculative movements. The uncertainty surrounding traditional financial markets, particularly in the United States, fuels crypto volatility. In this context, one question remains: is XRP beginning a new descent, or is this a strategic low for opportunistic investors?
The deficit is growing, taxes are rising, but Bayrou persists. Clinging to his 49.3 like a castaway to his buoy, he defies the political storm that is looming.
The Crypto Fear and Greed Index has just reached 39, signaling a significant period of uncertainty in the markets. This indicator, ranging from 0 (extreme fear) to 100 (extreme greed), is an essential barometer of market sentiment. A value of 39 suggests some anxiety, but is it a sign of imminent panic or a strategic investment opportunity?
Blockchain-based finance is evolving rapidly, providing innovative solutions to democratize access to investments and financing. Among the challenges still present in this ecosystem, the integration of real-world assets (RWA) remains a central issue. The collaboration between Lumia and Credefi aims to address these challenges by combining layer 2 (L2) infrastructure and expertise in RWA-backed loans.