Finance News

While Bitcoin, the most emblematic of cryptocurrencies, is experiencing a period of relative calm in the media, memecoins are emerging as true stars of the moment. A drastic drop in Google search volumes for Bitcoin reflects this unexpected dynamic. Meanwhile, memecoins, driven by platforms like Solana and Tron, are attracting unprecedented attention. Is this shift indicative of a lasting change or merely a passing situation?

The EUR/USD exchange rate recently dropped to around 1.0900, influenced by an increasingly accommodative market sentiment towards the European Central Bank (ECB). This bearish trend, observed for four consecutive sessions, is primarily due to expectations of an interest rate cut by the ECB during its upcoming financial meeting scheduled for this Thursday.

Amid revolutionary announcements, technological evolutions, and regulatory turbulence, the crypto ecosystem continues to prove that it is both a territory of limitless innovations and a battleground of regulatory and economic disputes. Here is a summary of the most significant news from the past week surrounding Bitcoin, Ethereum, Binance, Solana, and Ripple.

The upcoming BRICS summit, which will take place in Kazan, Russia from October 22 to 24, appears to be a key milestone in the ongoing international reshaping. By bringing together several rising powers and strategic partners at the same table, this summit aims to strengthen the bloc's influence on global economic, political, and diplomatic issues. The presence of Antonio Guterres, Secretary-General of the United Nations, at the heart of these discussions is a strong sign of recognition of the growing importance of the BRICS. More than just a diplomatic trip, his participation reflects a desire for openness and the integration of this group into global governance.

Discover China's new economic measures and why they leave investors skeptical about the real estate crisis.

Millennials? Always fully invested in crypto, treating themselves to a little ETF to cushion the digital shocks!

The trade war unfolding between the European Union and China is taking an unexpected turn. As the first sanctions hit strategic sectors such as electric vehicles and spirits, a new player enters the turmoil: European luxury. This economic stronghold, which symbolizes both creativity and prosperity in Europe, now finds itself at the center of speculations about potential Chinese retaliation. But behind this apparent storm, a more subtle equilibrium is taking shape. Experts, aware of the colossal economic stakes for China itself, are questioning: Will Beijing really take the risk of stifling one of the engines of its domestic consumption? In this article, we will first analyze the immediate consequences of this crisis on the financial markets of European luxury. Then, we will delve into the long-term perspectives and scenarios that could shape the relations between these two economic giants.

Here is a budget! Barnier sizes, cuts, siphons... and the French grumble louder than ever.

Inflation, often seen as one of the important economic indicators, shapes the trajectory of global financial markets. This time, the new data on inflation in the United States reveals a potentially crucial change for the crypto sector, and in particular for Bitcoin.

The Bitcoin market is in perpetual flux, influenced both by external events and the silent movements of large whales. These historical investors, holding vast amounts of Bitcoin for over seven years, play a decisive role in market fluctuations. Yet, according to an analysis by CryptoQuant, these whales remain strangely inactive, casting a veil of uncertainty over the direction the market might take in the coming months.

The Bitcoin network is currently facing a quiet but serious threat. Approximately 13% of the nodes that maintain and secure the blockchain are vulnerable to a critical flaw that could cause them to fail. This vulnerability, identified in May 2023, still persists on several nodes that have not yet been updated with the latest version of the Bitcoin Core software. While Bitcoin's security is often touted for its robustness, this issue reveals systemic flaws related to the management of essential software for the proper functioning of the network.

Inflation down in the United States? Yes, but be careful: between hurricanes, strikes, and unemployment, the economy has not said its last word!

Heated debate at the FED! Inflation and interest rate cuts divide financial experts who can no longer understand each other.

The future of Western aid to Ukraine is currently hanging in the balance, faced with a series of uncertainties. On one hand, the Kiel Institute, a well-known German research institute, warns of a potential drastic reduction in financial support should Donald Trump return to the White House in 2025. On…

This Wednesday, October 9, 2024, François Villeroy de Galhau, Governor of the Bank of France, made a direct call: "It is time for everyone to make an effort." In a context where public finances are spiraling out of control, with a deficit that has widened by 100 billion euros since January, this statement leaves no room for ambiguity. Every economic actor, from citizens to businesses and local authorities, must accept sacrifices to avoid a budgetary collapse.

The world of cryptocurrencies is ruthless. While some projects emerge with brilliance, others struggle to convince or sink into obscurity. This harsh reality is what Max Keiser, an iconic figure of Bitcoin maximalism, bluntly reminds XRP holders. With a statement as sharp as it is expected, he announces that "the XRP rally will never happen," attacking Ripple's cryptocurrency once again. While the XRP community still hopes for a rebound, the latest developments in the lawsuit against the SEC continue to weigh down its price. Nevertheless, optimistic voices persist and bet on a potential technical reversal.

Bitcoin is soaring, but Wall Street is snoozing. While Americans are counting sheep, Asians are driving up BTC!

Chinese Commerce Minister Wang Wentao recently expressed his "serious concerns" to his American counterpart Gina Raimondo, amid rising tensions that threaten the world's economic balance.

Asian financial markets are plunging, and this shockwave is resonating far beyond the Pacific, reaching European and American stock exchanges. While China delays deploying sufficient stimulus measures, Wall Street is trying to recover, supported by the tech sector. But for how long? The global stock market is going through a…

On Polymarket, it’s 12.7% that take the prize… the others remain in "dreamer" mode with their Bitcoins.

The TON blockchain, once developed by Telegram, has just crossed a key threshold: that of 100 million active users. This figure reflects rapid and massive adoption, propelled by a series of technological developments within the ecosystem. However, this rise raises questions about the mixed performance of Toncoin, the native cryptocurrency of TON.

After showing signs of recovery in September, Bitcoin starts October on a downtrend. Let’s analyze the future prospects of BTC price together. Bitcoin (BTC) Price Situation After reaching a peak at $65,000, Bitcoin plunged again below $60,000 and then reached $52,500. It is from this price level that the cryptocurrency…

As the year 2025 looms on the horizon, crypto investors are closely monitoring the forecasts from major financial institutions. The report from Standard Chartered could well redefine market expectations. Indeed, the British bank anticipates a major upheaval among the leading cryptos, with Solana (SOL) potentially surpassing Ethereum (ETH) and even Bitcoin (BTC), should Donald Trump be re-elected as President of the United States. Beyond the usual fluctuations, it is the correlation between American economic policies and the evolution of cryptocurrencies that is highlighted.

France is facing an unprecedented financial deadlock, with public debt estimated at 110.6% of GDP and a deficit well beyond European criteria. Indeed, the era of half-measures seems to be over, and the Montaigne Institute, an influential Parisian think tank, is sounding the alarm with a bold report titled "Public Finances: The End of Illusions." This document proposes ambitious reforms aimed at saving nearly 150 billion euros by 2050.

More and more voices are being raised in favor of Quantitative Easing in China. An analyst from Goldman Sachs.

The escalation of trade tensions between the European Union and China regarding tariffs on electric vehicles threatens to shake the global economy. While Brussels has voted in favor of these measures, Beijing is preparing its response, casting a shadow of targeted reprisals over the European countries most supportive of this decision.

Under the sun of the SEC, no shadow for the XRP ETF: the crypto market waits, Bitwise is brooding.

After a difficult day on Monday, the S&P 500 rebounded on Tuesday, benefiting from the drop in oil prices. This rebound was well received by stock investors, who had been concerned about the recent increases in energy prices and bond yields.