As Bitcoin approaches $73,000, enthusiasts and traders closely monitor this dizzying rise. After a consolidation period, the acceleration toward new highs seems imminent. However, to reach this potential All-Time High (ATH), the market may need to experience some necessary adjustments. Towards a historic record: the rise of Bitcoin The appeal…
The burger sees red: McDonald's, hit by E. Coli and boycotts, puts on its stock market life jacket.
The crypto market has recently been shaken by a spectacular news: the price of bitcoin has reached the equivalent of 100,000 dollars in Canada. This impressive increase, which reflects the current global bullish trend, is the result of several factors that we will explore in a moment.
The asset management giant Fidelity takes the lead over its rival BlackRock in the race for Ethereum ETFs, with capital inflows reaching 5 million dollars. This remarkable performance comes after a two-day period with no notable activity, demonstrating a significant resurgence of interest from institutional investors in the second-largest cryptocurrency.
On Tuesday, October 29, 2024, Saudi Arabia took a major strategic step by launching the largest ETF in the Middle East, backed by Chinese stocks listed in Hong Kong. Indeed, this exchange-traded fund, named Albilad CSOP MSCI Hong Kong China Equity ETF, goes beyond a mere financial operation, as it is part of a long-term vision aimed at consolidating the relationships between these two economic powers. In the face of volatility in the Chinese markets and global economic uncertainties, this launch is a clear indicator of Saudi ambitions to diversify their partnerships and increase their influence on the international financial stage.
As China considers increasing its national debt by more than 1.4 trillion dollars, investors and economists around the world are turning to Bitcoin as a potential refuge against currency collapse. This interest, rekindled by the predictions of Arthur Hayes, co-founder of BitMEX, is reminiscent of the events of 2015, when…
BNB is generating increasing interest, hinting at imminent expansion. Let’s explore together the future prospects for BNB. Current Status of the BNB Price After reaching an all-time high just below $725, BNB has experienced a decline that brought its price around $403. Since then, the crypto has been undergoing a…
The introduction of the digital euro is causing a major confrontation between the European Central Bank and the EU member states. At the heart of this battle is the control of a new monetary instrument that could disrupt the balance of financial power in Europe. Nine countries, including France and Germany, are already openly opposing Frankfurt's ambitions.
On Tuesday, October 29, 2024, Brussels approved a drastic increase in customs tariffs on electric vehicles imported from China. Such a measure follows a thorough investigation into the massive subsidies granted by Beijing to its national manufacturers. For Europe, it is a matter of industrial survival. While some applaud a necessary step to protect a struggling automotive market, others fear global economic repercussions.
Microsoft plans to invest in Bitcoin. An innovative strategy against monetary erosion and a protection against inflation?