Trump wants to lead the Fed, but Powell, stoic as a Swiss banker, refuses to relinquish the reins. Guaranteed economic duel!
As the world redefines its economic and political alliances, Turkey inserts itself at the heart of global dynamics. In search of increased influence on the international stage, Ankara is now moving closer to the BRICS, this bloc of emerging nations that is establishing itself as a strategic counterbalance to traditional Western powers. The recent Kazan summit was marked by the announcement of granting Turkey the status of "partner." This decision, filled with hopes for Ankara, opens up perspectives for cooperation but raises questions about the geopolitical and economic implications of this rapprochement.
In a raid mode, Goldman Sachs piles up 718 million in Bitcoin ETFs. And to think that just yesterday, it was all talk!
The Securities and Exchange Commission (SEC) is facing an unprecedented legal challenge as 18 U.S. states unite to denounce its aggressive policy towards the cryptocurrency industry. This historic lawsuit, led by Kentucky Attorney General Russell Coleman, marks a major escalation in the conflict between federal regulators and advocates for digital assets.
In a constantly evolving crypto universe, the competition among top tier blockchains continues to intensify. Ethereum, the undisputed leader for years, is facing a rise of challengers more determined than ever. Among them, Cardano is identified as the most serious contender to dethrone Ethereum in a poll conducted by Altcoin Daily.
For years, the crypto sector has accustomed us to rapid changes, but 2024 marks an unprecedented shift with the extraordinary rise of memecoins. Originally regarded as curiosities or digital jokes, these assets have now exploded onto the global financial scene, attracting a massive wave of investors. With a market capitalization that has surged by nearly 400%, memecoins are no longer mere cultural phenomena, but genuine economic forces in their own right.
SHIB is on a roller coaster! Millions liquidated, dazed traders: welcome to the unpredictable circus of crypto.
The race for crypto ETFs is taking a decisive turn. While the United States struggles to approve funds other than those related to Bitcoin and Ether, cautious optimism now surrounds Solana. According to Matthew Sigel, head of crypto research at VanEck, the chances of approval for a Solana ETF before the end of 2025 are "significant." This issue goes beyond the technical framework, as it illustrates a potential change in regulatory attitude, driven by recent political upheavals and increasing market dynamics.
Ethereum ETFs have reached a new historical milestone with a weekly trading volume of $1.63 billion, representing a spectacular 44% increase compared to the previous week. This exceptional performance comes four months after their launch, eerily reminiscent of the trajectory observed with Bitcoin ETFs.
As Bitcoin has just reached an all-time high above $93,000, on-chain data reveals a massive wave of profit-taking, primarily led by long-term investors. Over $5 billion in gains have been crystallized in just a few days.