Archive October 2024

As the dawn of the American presidential elections on November 5, 2024 approaches, the crypto market is preparing to face a period of high volatility, with Ether (ETH) at the forefront. Unlike Bitcoin (BTC), which is considered a relatively stable safe haven, ETH is drawing increased attention due to its close ties with the decentralized finance (DeFi) ecosystem. As investors scrutinize potential regulations that could follow the election of a pro-crypto or anti-crypto candidate, they predict extreme price movements.

The world is undergoing a geopolitical reshaping. While tensions between major powers shape international relations, economic alliances are evolving at an unprecedented speed. At the heart of this new global order, BRICS, the bloc of major emerging economies, is asserting itself as a key player capable of reshaping global balances. This group, once reserved for five members, has recently opened up to new candidates, adding giants like Iran and Saudi Arabia to its ranks. It is in this context that Turkey, under the leadership of President Recep Tayyip Erdoğan, seeks to join this influential alliance. A strategic decision that comes at a time when the prospects of EU membership are fading, prompting Ankara to diversify its economic and geopolitical partnerships. However, this candidacy is not universally accepted: BRICS, still in the consolidation phase after its last expansion, may slow down before making new decisions. This is despite the growing interest of about twenty nations to join the group.

The euphoria surrounding the artificial intelligence (AI) token sector took a severe hit this October, with a loss of $4.69 billion in just three days. While investors were expecting a recovery traditionally associated with this month, a declining market marked the beginning of this quarter. This sudden volatility, affecting a sector often perceived as a driver of revolutionary innovations, raises even more questions.

Discover Canvas, the new AI interface of ChatGPT, which revolutionizes collaboration and project creation.

XRP has fallen by more than 15% and is now at $0.51! Several factors could drive the cryptocurrency to collapse further.

Monetary devaluation is driving the adoption of stablecoins in Sub-Saharan Africa, transforming the financial landscape with increasing crypto transactions.

to the MiCA regulation by the end of December 2024. This decision is part of the company's compliance with the new regulatory requirements of the European Union for the digital asset sector.

The crypto world is in perpetual turmoil, and even the giants can experience unexpected tremors. Binance, once the go-to trading platform, appears to see its empire waver. Indeed, its dominance in the crypto market is falling to a level not seen in four years, just as regulations are intensifying. But…