The recent euphoria surrounding XRP could quickly turn into disillusionment for optimistic investors. As the cryptocurrency's price has dropped by 18% from its annual high, an expert warns of a possible "bloodbath" if Bitcoin's dominance were to increase in the market.
Exchange-traded funds (ETFs) Ether recently experienced a record influx of $431.5 million on December 5, 2024, marking nine consecutive days of positive flows. This trend reflects growing confidence among investors in Ethereum, supported by major players like BlackRock and Fidelity, and strong performance in the crypto market.
On December 5, 2024, Tesla could have gained an additional 3 billion dollars if it had held onto its bitcoins instead of selling them at 31,000 dollars. A mistake that Elon Musk's company will not soon forget!
In a resounding statement, Cathie Wood, CEO of ARK Invest, emphasizes the untapped potential of bitcoin despite its recent historic surpassing of $100,000. The finance visionary compares the soaring trajectory of cryptocurrency to that of giants like Apple and Amazon, suggesting that the best is yet to come.
BlackRock and MARA Holdings purchase 9,173 BTC as Bitcoin drops to $98,000. Discover the reasons behind these purchases.
The SEC recently rejected several ETF applications based on Solana, raising concerns in the crypto sector. According to reports, the regulatory agency informed at least two of the five potential issuers that their 19b-4 filing requests for Solana ETFs would not be approved.
On December 5, the crypto market was struck by an event as sudden as it was spectacular: a staggering drop in bitcoin. In just a few minutes, its price collapsed, leading to colossal losses for investors. This brutal correction comes shortly after the flagship crypto asset first crossed the symbolic threshold of $100,000, even surpassing it with an all-time high of $104,000. Yet, this achievement quickly gave way to a climate of panic in the markets, further exacerbated by massive liquidations of long positions amounting to $303 million.
While gold still has fervent supporters, game theory no longer favors it in light of the emergence of Bitcoin as a store of value.
The crypto market is experiencing a resurgence, driven by a wave of enthusiasm for memecoins and a spectacular increase in trading volumes on decentralized platforms. This rise reflects a combination of technological innovation and unparalleled financial prospects. As transactions intensify and records are broken, a new dynamic is establishing itself within this rapidly expanding ecosystem. However, beyond the spectacular figures and tales of quick enrichment, an essential question arises: who are the true beneficiaries of this new gold rush in the digital realm?
Crypto entrepreneurs are making a significant impact in the prestigious Forbes list of young financial talent. Out of the 30 available spots in the finance category of "30 Under 30" 2025, nine are occupied by founders of crypto companies.