Finance News

On October 21, a sudden move of Bitcoin towards $69,000 reignited investor attention. This rally, which comes after months of stagnation, is not just a technical flare-up but a reflection of deeper underlying dynamics. According to a recent report by Glassnode, one of the leading on-chain analytics firms, this surge is not a matter of chance. The data reveals encouraging trends in terms of capital inflow and institutional positions, suggesting that this rally could have solid foundations.

As the G7 considers tapping into frozen Russian assets to support a massive loan to Ukraine, the Kremlin does not hide its concern. Through warnings from its senior officials, Russia warns of consequences that could weaken the supremacy of the dollar and redefine international monetary balances.

Bitcoin ETFs, these new darlings of the stock market, are causing a frenzy while Ethereum is still lagging behind.

Many cryptocurrencies continue to show remarkable performances despite volatility and significant declines. This is the case for Polygon, whose native token, POL, has reached a historical low of $0.34. Such a price drop, representing a decline of 45.65% since the beginning of the year, further worries investors. However, behind this apparent downturn lies a solid infrastructure, supported by rapidly expanding sectors such as DeFi and gaming.

The army of altcoins is still snoozing, while Bitcoin touches the peaks. Is one jolt enough to wake them up?

Doliprane, the star medication against fever and pain, is making headlines due to its controversial sale to an American investment fund. The affair has sparked an outcry, particularly because of a one-time bonus of 200 million euros paid to its CEO.

In a context where large tech companies are questioning the relevance of integrating Bitcoin into their financial strategies, Microsoft finds itself in the spotlight with a proposal that could change its future. Bitcoin, once reserved for digital pioneers, is now entering the debates of the boards of directors of Silicon Valley giants. Michael Saylor, a staunch supporter of Bitcoin and founder of MicroStrategy, sees in this cryptocurrency the opportunity for Microsoft to generate its next trillion dollars. This bold idea comes at a time when the company's shareholders must decide on the possibility of adding Bitcoin to the company's balance sheet. Between strategic potential and financial risk, the outcome of this vote could be a pivotal moment for one of the largest multinational corporations in the technology sector.

The security of assets managed by governments is increasingly being questioned as attacks on crypto wallets multiply. Indeed, the latest incident involving the loss and recovery of over 19 million dollars in crypto by the US government illustrates once again the risks associated with the use of decentralized technologies. This theft, although unusual in its scale, raises concerns about the safety of public funds in the decentralized finance (DeFi) space, a rapidly growing sector that is still vulnerable.

The election is approaching, the crypto market holds its breath, like a poker player waiting for the card of the century.

Poutine returns to the international stage by hosting 36 leaders at the BRICS summit in Kazan. The imperial currency is still on the agenda.

As the flagship crypto hovers around $67,000, the movements of "whales" are capturing attention. In recent days, on-chain data has revealed a significant increase in the number of these large addresses, reaching an unprecedented level since the bullish market of January 2021. Indeed, this massive accumulation by whales, combined with a strengthening of institutional and retail investors, raises the following question: is Bitcoin on the verge of breaking a new all-time high before the end of 2024?

Since October 23, 2024, the Solana network has captured the attention of the crypto ecosystem with record figures and an unprecedented wave of economic activity on the blockchain. While traditional competitors like Ethereum struggle to maintain their position, Solana is increasingly establishing itself as an essential player in decentralized finance (DeFi).

Microsoft, a global tech giant, is considering the possibility of investing in Bitcoin. This proposal, which will be put to a vote at the upcoming shareholders' meeting in December 2024, has caught the attention of the entire financial sphere and the crypto markets. If approved, the Redmond giant would become one of the largest institutional investors in crypto, joining players like Tesla and MicroStrategy. However, behind this announcement lies a complex strategy that the board of directors does not seem to fully embrace.

Between the shining gold and the sluggish BTC, traders are on the lookout for any flaw for a new crypto takeoff.

As the crypto market has regained strength, Dogecoin shows promising interest. Let’s explore the upcoming prospects for the DOGE price. Situation of Dogecoin (DOGE) After sinking to $0.08, Dogecoin sparked buyer interest that has been upheld. Indeed, the crypto then underwent a consolidation period, forming a double bottom. The neckline…

The global geopolitical landscape is undergoing significant changes, and the BRICS, this group of emerging powers, is at the heart of this reorganization. As economic and political tensions with the West intensify, more than thirty nations have expressed their willingness to join this alliance at the annual summit currently taking place in Kazan from October 22 to 24, 2024. In the face of Western hegemony, the BRICS aim to reshape the balance of power and free themselves from the dominance of the dollar in international trade.

The ECB bites into Bitcoin: a scathing report, sharp criticisms, and a well-felt war of interests behind the scenes.

As the United States approaches a pivotal presidential election, the budget deficit for the 2024 fiscal year has reached new highs, raising concerns about the viability of the public finances of the world's leading power. Indeed, with debt continuing to grow despite rising tax revenues, discussions around budget management have become central to the political debate.

The crypto market is going through a critical phase, where euphoria seems to be taking over caution. Indeed, the Crypto Fear and Greed Index, a widely followed sentiment indicator in the industry, has reached a level of 73, an extreme greed zone. This index, designed to quantify investor optimism or fear, indicates that the market could be overheating. With a total market capitalization of over 2.23 trillion dollars, investors, whether institutional or retail, continue to inject capital into major cryptos like Bitcoin and Ethereum. However, this climate of confidence could hide imminent risks of correction.

Russia, although resilient in the face of Western sanctions, seems to be sliding down a slope. Supported by a flourishing war economy in 2024, the country could see its efforts crumble as early as the following year. The International Monetary Fund (IMF) indeed forecasts a severe slowdown in 2025, as…

Solana continues its rise, validating a promising technical breakout. Let’s explore the upcoming prospects for the SOL price. Situation of Solana (SOL) After bouncing off the support at $133, Solana managed to break through its daily resistance around $164. As specified in the analysis from October 16, this rise allowed…

Avalanche is launching a Visa card to pay with cryptos: finally a solution to spend your bitcoins at the supermarket!

The French real estate market is on the brink of undergoing a major upheaval. With the finance bill for 2025 currently under discussion, property owners find themselves at the center of significant tax reforms that could reshape the way real estate is taxed. Traditional tax deductions for capital gains, exemptions on primary residences, and other tax advantages that have benefitted investors in recent decades are now under scrutiny. These changes, which come amid a tense economic context and a sluggish real estate market, raise the question: how will property owners adapt to these new measures?

JPMorgan Chase CEO Jamie Dimon is reportedly providing behind-the-scenes support to Vice President Kamala Harris, even considering a position as Treasury Secretary in a potential Harris administration, the New York Times reveals. This discreet stance, maintained out of fear of retaliation in the event of a Donald Trump victory, highlights the complexity of the relationship between Wall Street and American politics in 2024.

In the face of increasing economic challenges, the Ministry of Economy presents a 2025 budget marked by a dual ambition: reduction of public spending and acceleration of the environmental transition. A balancing act that raises questions about French economic growth.

Bitcoin continues its rise and validates a promising technical breakout. Let’s examine the upcoming prospects for the BTC price together. Bitcoin (BTC) Price Situation After bouncing back from the 60,000 $ support, Bitcoin crossed the 64,500 $ mark. It then quickly surpassed its daily resistance, identified around 66,500 $. From…

As governments seek to maintain control over their finances and close ever-growing budget deficits, a new enemy seems to be rising in their path: Bitcoin. The crypto, with its limited supply and decentralized nature, disrupts traditional economic models and forces some actors to consider radical measures. It is in this context that the Federal Reserve Bank of Minneapolis has newly published an explosive report suggesting that to maintain ongoing deficits, governments should either tax or outright ban Bitcoin. Such a shocking statement comes as the United States struggles to contain its national debt, which is reaching record levels, and as regulation of cryptocurrencies becomes a sensitive topic.

105 billion Europeans in ETFs, and still nothing to declare for Bitcoin. One would think that traders are hibernating.