El Salvador buys 11 Bitcoin after a $1.4 billion loan from the IMF. A daring strategy despite restrictions. Details here!
The crypto market has been marked by a historic event: Bitcoin exchange-traded funds (ETFs) recorded a net outflow of $671.9 million in a single day. This event represents the largest fund outflow ever recorded for these financial instruments, highlighting a complex and changing dynamic in the cryptocurrency investment landscape.
The United States surprises with economic performance well beyond expectations for the third quarter. According to data from the Department of Commerce, the gross domestic product (GDP) grew by 3.1%, compared to an initial estimate of 2.8%. This result exceeds observers' forecasts and reflects a dynamic economy, driven by strong consumer spending and an improvement in exports. While many regions of the world struggle to maintain their economic momentum, as evidenced by the limited growth forecast of 0.7% for the Eurozone in 2024, this progress indicates the resilience of the American economy in the face of global uncertainties. These figures also highlight the impact of recent monetary decisions by the Federal Reserve, which has fostered a conducive environment for growth through adjustments to interest rates.
The world of cryptocurrencies is in turmoil as mentions of "Buy the Dip" on social media reach their highest level in eight months. According to recent data, this trend was observed after the price of BTC fell below the psychological threshold of $100,000 on December 19, 2024. However, is a new ATH of $118,000 before 2025 feasible?
The crypto market continues to show signs of growth and adoption, particularly with the significant increase in demand for stablecoins on Ethereum's layer 2 networks. According to a recent report, Ethereum's layer 2 networks now hold over 13.5 billion dollars in stablecoins, a new historical record.
The sharp-toothed memecoin bites into blockchain innovation with Chainlink, flirting with 12 chains in a disconcertingly elegant technological dance.
While most European bond markets show relative stability, the situation in France raises serious concerns. The yields on 10-year government bonds have reached 3.05%, an exceptionally high level for a major eurozone economy. This dynamic reflects a combination of economic tensions and political dysfunction, which reinforces doubts about the country's budgetary management. With public debt exceeding 112% of GDP and a deficit stagnating above 6%, France stands out as a worrying case within the European Union. These developments signal a loss of investor confidence but also highlight the urgency for structural reforms to prevent an even more marked deterioration of its position in financial markets.
The Ripple case, at the heart of a decisive legal battle, draws all eyes in the crypto world. This dispute opposes Ripple to its critics and sheds light on the growing regulatory challenges in a constantly evolving sector. The American judiciary has set a key timeline that could represent a pivotal moment in this emblematic case. However, the political tensions in the United States, particularly the risk of a federal government shutdown, threaten to disrupt the unfolding of the proceedings.
The cryptocurrency market has recently gone through a correction period, with Bitcoin leading this decline. According to a recent report, the realized losses have exceeded the weekly average, signaling a possible end to this correction. With Bitcoin currently rising to $98,600, can we already turn the page on this bearish period?
Some investments attract more attention than others in the crypto universe. This is the case with World Liberty Financial (WLFI), a project backed by members of the Trump family, which has just made a strong move with a $2.5 million investment in Ethereum via Cow Protocol. Beyond the simple purchase, this operation highlights a bold strategy and renewed confidence in the potential of the Ethereum ecosystem.