Fenelon L.

In a tense geopolitical context, the Russian economy demonstrates a persistent dependence on the dollar. Despite currency export bans, 2.3 billion dollars in greenbacks entered Russian territory.

The global financial scene is in turmoil. Bernard Arnault, the French luxury magnate, has just lost his place on the podium of the world's richest people. This fall comes in a tumultuous economic and political context, restructuring the landscape of great fortunes.

The Chinese tech giant Huawei is set to launch a new artificial intelligence chip, the Ascend 910C, which could rival Nvidia's H100. This announcement comes amidst trade tensions between China and the United States and could shake up the strategic semiconductor market for AI.

The crypto market is about to experience a turbulent week with the imminent unlocking of tokens valued at 230 million dollars. This massive injection of liquidity could lead to significant volatility and test the resilience of certain digital assets.

Binance, the largest crypto exchange platform, announced that it has recovered or frozen over 73 million dollars of stolen user funds in 2024. This amount exceeds the 55 million dollars recovered in 2023, representing a 33% increase.

Ethereum, the second largest crypto, is losing ground to its competitors Bitcoin and Solana in the latest market cycle. ETH has dropped more than 28% since the launch of spot ETFs, while BTC and SOL have seen significant gains.

As the price of Bitcoin experiences a significant drop, data reveals a surprising trend: the number of addresses holding more than 0.1 BTC is nearing a new all-time high, indicating persistent confidence among small investors.

The International Monetary Fund (IMF) and El Salvador are moving towards an agreement to mitigate the risks associated with the adoption of Bitcoin as legal tender. These talks, focused on strengthening public finances and financial stability, could lead to a program supported by the IMF.

The month of August is of crucial importance for taxpayers in France, with three major tax deadlines to watch out for. These dates, related to payments, tax assessments, and correction possibilities, are crucial for effective tax management and compliance with legal obligations.

After a historic drop on Monday, the Tokyo Stock Exchange experienced a remarkable rebound at the opening on Tuesday. The Nikkei index, which had plunged by 12.4% the day before, climbed by 10.02% shortly after the opening.

The price of Ethereum, the second cryptocurrency in the world, has experienced a sharp decline in recent days. Experts point to a phenomenon of investor capitulation, amplified by macroeconomic factors.

Bitcoin consolidates its dominant position in the cryptocurrency market, reaching 58% market share, while financial markets undergo a severe correction. This increase in dominance comes amid a context of high volatility and risk aversion among investors.

Former President Donald Trump made a financial achievement at the Bitcoin 2024 conference in Nashville, raising $21 million for his presidential campaign.