Finance News

Financial markets are holding their breath as all eyes turn to the upcoming key economic indicators from the United States and statements from the Federal Reserve. This is not just a fleeting fluctuation for Bitcoin, but a decisive day that could well influence its price in the short term. After a 2% rebound that brings it back above $64,000, BTC finds itself at a crossroads. Uncertainty is palpable as investors eagerly await the release of the second quarter GDP and speeches from Fed officials, which could provide important clues about the health of the American economy and the future direction of the markets.

OpenAI initiates a historic new phase that redefines the future of Artificial Intelligence. Through its transformation into a for-profit entity, the company, once a pioneer in altruistic AI research, disrupts its founding model. This decision, which represents a profound break in OpenAI's history, occurs at a time when technologies related to Artificial General Intelligence (AGI) occupy a central place in scientific and political debates around the world.

Beijing is pulling out its secret weapon: cash to revive the stock market, and it's heating up all the way to Wall Street!

After the ECB and the Fed, it's the turn of the Chinese central bank to significantly ease its monetary policy. What impact will it have on the stock market and Bitcoin?

In an increasingly polarized world, geopolitical alliances play a crucial role in redefining power balances. North Korea, traditionally isolated on the international stage, seems to be intensifying its efforts to align with economic blocs like the BRICS, amid growing ties with Russia. This strategy could have major implications, not only for Pyongyang's diplomacy but also for global geopolitics. The notable absence of North Korea at the United Nations General Assembly in favor of a BRICS event in St. Petersburg is a warning sign.

Another report on Ethereum ETF options: the American crypto regulator SEC sets new deadlines. The details!

The Chainlink token (LINK) is experiencing remarkable momentum, with a spectacular 293% increase in whale activity. Indeed, this sudden influx of capital, coupled with a massive unlocking of tokens, has led to numerous speculations regarding the influence of large financial entities. Chainlink, already well-established in the smart contract ecosystem, seems to be reinforcing its position, which could herald major developments.

The dominance of the dollar as the benchmark currency in international exchanges is today more questioned than ever. As geopolitical tensions and American economic sanctions multiply, several emerging powers are organizing to reduce their dependence on the greenback. It is in this context that Sergey LAVROV, the Russian Foreign Minister, and Donald TRUMP, the former President of the United States, find common ground in their criticisms of current policies. According to them, the systematic use of the dollar as a sanction tool undermines not only the American economy but also the position of the dollar on the international stage.

Bitcoin in personal wallets, but not yet with clients: financial advisors are quietly playing the trailblazers.

While Bitcoin maintains its position around $63,000, its dominance in the crypto market shows signs of weakness. This situation, far from being trivial, could represent a major development for the crypto market. Indeed, the gradual decline in Bitcoin's market share seems to pave the way for a rise in altcoins, these alternative cryptos that, in parallel, are achieving remarkable performances.

Trade tensions between the European Union and China are taking a new turn. While the economic relations between these two powers are already fragile, a new Chinese investigation targeting European dairy products threatens to exacerbate the situation. Through this accusation that European exports distort competition with what are deemed unfair subsidies, Beijing is opening a new front in this latent trade war. In response, the European Union has approached the World Trade Organization (WTO).

Stock markets are reacting to the rise in oil prices, driven by the Federal Reserve's interest rate cuts.

Bitcoin is regaining altitude, and four factors make it very optimistic for the end of the year and next year.

In an era where the economic future of nations is increasingly tied to technological innovation, the positions taken by political leaders on subjects such as crypto and artificial intelligence (AI) are of great importance. The Vice President of the United States, Kamala HARRIS, made a remarkable statement during a fundraising event on Wall Street. Indeed, she confirmed her intention to promote the growth of digital technologies and ensure consumer protection.

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

As the crypto market continues to fascinate with its dynamism and unpredictability, Ethereum, a pillar of decentralized finance, is at the heart of a new enigma. For several weeks, a strange dissonance has settled within the network: transaction fees are skyrocketing, reaching levels rarely seen since the transition to proof-of-stake, while the number of active accounts has plunged to a historic low for the year.

Bitcoin is playing hopscotch with $65,000, but always ends up gliding. Guaranteed suspense.

Despite increasing economic sanctions, Russia continues to find creative ways to circumvent Western bans. According to the CERA report, the Russian Federation sold nearly 2 billion dollars worth of oil to Western countries through intermediaries. This figure illustrates the ingenuity with which the Kremlin keeps its economy afloat despite the restrictions.

In 2023, Tether, the issuer of the USDT stablecoin, surpassed the largest asset manager in the world, BlackRock, in terms of profits. What seemed improbable a few years ago is today a reality that raises questions. Indeed, this contrast between traditional finance and crypto illustrates a paradigm shift in the way investors perceive stability and profitability. While USDT dominates the stablecoin market, Tether has managed to leverage this momentum to achieve historic performance.

The security of cryptocurrencies is once again at the forefront. In a market recovery context, each growth phase brings an increase in risks, especially for inexperienced investors. As the bullish cycles of the crypto market attract a wave of new users, the temptation to let down one's guard is strong, in light of the enthusiasm generated by centralized exchange platforms. Ian ROGERS, the Chief Experience Officer at Ledger, one of the world leaders in hardware wallets, has warned about the dangers that fund management by intermediaries can entail. This warning is all the more relevant in the wake of scandals related to centralized exchanges like FTX.

In a global economic context marked by uncertainty, Bitcoin continues to stand out with its exceptional performance. In 2023, the iconic cryptocurrency outperformed nearly all other asset classes, confirming its central role in the global financial landscape. This upturn, supported by growing institutional adoption and the emergence of financial instruments such as Bitcoin ETFs, extends beyond individual investors. Institutional funds and wealth managers now see it as a credible investment vehicle.

In a rapidly changing crypto sector, blockchain projects face a significant challenge: maintaining user interest and finding concrete applications in a market often dominated by speculation. Avalanche, a cutting-edge network initially designed to compete with Ethereum due to its speed and low fees, is not immune to this reality. In 2024, the project is experiencing a marked decline in its activity, particularly on its main chain, the C-Chain. Nevertheless, Avalanche is not resigned to follow the bearish trend. The network is making an ambitious strategic pivot and is betting on institutional adoption.

The crypto market experienced a series of massive Bitcoin transactions this Thursday, totaling over 500 million dollars, executed from different exchange platforms. These sudden transfers, detected by Whale Alert, a service that tracks large blockchain transactions, have left the crypto community in suspense. As colossal sums were transferred from these platforms to unidentified addresses, speculations are running high regarding the reasons behind these withdrawals.

Bitcoin, often considered a barometer of the health of the crypto market, is currently at a decisive stage. With a peak of $64,000 on Friday, September 20, 2024, the leading cryptocurrency is facing a key technical resistance, which brings both hope and uncertainty to investors. This barrier, which corresponds to its 200-day moving average, represents a major issue for market players, especially in the context of massive liquidations and increased activities from whales.

The world of traditional finance has never been so close to the blockchain ecosystem. While the boundaries between the two realms seemed rigid just a few years ago, major institutional players are now taking the plunge with increasing determination. In 2024, Solana, one of the leading blockchain networks, is emerging as the new darling of global finance, attracting the attention of giants like Citibank and Franklin Templeton. These players, who have been cautious regarding the crypto universe for a long time, no longer hide their interest in the opportunities offered by Solana.

In an ecosystem where transparency and fairness are cardinal values, blockchain projects must constantly face challenges related to cheating and manipulation. Hamster Kombat, one of the most popular click games on Telegram, is not exempt from this reality. As the long-awaited airdrop of its HMSTER tokens approaches, the development team has taken radical measures to counter fraud attempts. Through reinforcing its rules and introducing an anti-cheat mechanism, it aims to protect the integrity of its player community and ensure a fair distribution of rewards.

In an increasingly tense global economic context, China has just issued a significant strategic advisory for its electric automotive manufacturers. As the undisputed leader in electric vehicle production, China has made a major strategic decision. Beijing has advised its manufacturers to abandon any intention of investing in India and Turkey, two promising and rapidly growing markets.

The crypto market is usually characterized by sudden and unpredictable fluctuations. However, some attract more attention, especially when they concern assets like Dogecoin. Initially considered a mere "meme" crypto, Dogecoin has managed over time to carve out a place among the major players in the sector. But after months of stagnation, both in terms of price and activity on the blockchain, a sudden resurgence of interest seems to be on the horizon. Last week, the daily transaction volume reached unprecedented peaks, which could very well indicate a revival of enthusiasm for this crypto.