The dissolution of the National Assembly brings a great deal of uncertainty to the markets. In one week, the CAC 40 dropped by nearly 7% to erase its gains since January 1st. On the other hand, the CAC for small capitalizations fell by nearly 11%.
The audacity of the President of El Salvador, Nayib Bukele, as well as his unwavering loyalty to Bitcoin, is once again demonstrated with a bold proposal: the creation of a private investment bank dedicated to Bitcoin. Two weeks after being sworn in for his second term, Bukele continues to make waves in the financial and political world by considering more extensive financial services for Bitcoin investors.
In an exciting development for the cryptocurrency and gaming communities, PlayDoge, a new Play-to-Earn (P2E) meme coin, has successfully raised over $4 million just two weeks into its presale. This significant milestone highlights the project's potential and marks it as a noteworthy player in the evolving landscape of digital currency and gaming.
According to leading analysts, final approval of Ethereum ETFs could be confirmed as early as July 2, just before Independence Day weekend. This news is significant not only for crypto investors but also for the global financial market. Approval of these ETFs could mark a decisive step towards legitimizing digital assets, opening the door to new investment opportunities and accelerating crypto adoption on an unprecedented scale.
According to leading analysts, final approval of Ethereum ETFs could be formalized as early as July 2, just before Independence Day weekend. This news is significant not only for crypto investors but also for the global financial market. Approval of these ETFs could mark a decisive step towards legitimizing digital assets, opening the door to new investment opportunities and accelerating the adoption of cryptos on an unprecedented scale.
The Chinese yuan has been trying for years to dethrone the US dollar as the world's reserve currency. Despite gaining power and making constant efforts, the Chinese currency has not yet succeeded in surpassing the greenback. As de-dollarization gains momentum, the yuan struggles to establish itself as a credible alternative.
Bitcoin is attracting growing interest among analysts, experts, and investors. Analysts at Bernstein, particularly confident in this flagship cryptocurrency, predict a surge in its price by next year. These optimistic forecasts are based on recent events that have deeply impacted the crypto industry. With increased demand and limited supply, Bitcoin could be on the cusp of a new bullish cycle.
The IMF has published its quarterly update on central banks' foreign exchange reserves. The dollar is free-falling. Bitcoin as an alternative?
The emerging sector of tokenized assets backed by real assets, notably the indispensable US Treasury bonds, is experiencing a soaring rise in 2024. With a market capitalization now exceeding $1.5 billion, this new class of crypto assets is attracting a growing number of investors looking for innovative opportunities.
The cryptocurrency market is booming, attracting the attention of major investors. JPMorgan recently closely examined the source of these fund inflows. According to the largest American bank, Bitcoin ETFs are largely responsible for this massive influx of capital into the crypto market. However, this momentum could soon wane.
The forecasts for Bitcoin are becoming increasingly dark. According to recent analyses, the price of the cryptocurrency could experience a significant drop. This alarming outlook has already started to sow doubt among investors. With increased volatility and concerning market signals, the immediate future of Bitcoin remains uncertain and raises many questions.
Elon Musk, an iconic figure in the technology sector, is often at the center of discussions about cryptocurrencies. Recently, Charles Hoskinson made a bold hypothesis: what if Musk owned a major stake in Dogecoin? Without evidence, this assumption raises more questions than it answers.
Gary Gensler's comments have reignited hope for the imminent approval of Ethereum ETFs. More details in this article!
The Fed kept its key rate unchanged, constrained by high inflation. Little impact on Bitcoin.
The world of cryptos has just reached a new milestone: the Industrial and Commercial Bank of China (ICBC), the world's largest bank in terms of assets, recently compared Bitcoin to digital gold and Ethereum to digital oil. This statement, coming from a leading financial institution, marks a significant recognition of the importance and potential of cryptocurrencies in the current global economy. By highlighting the unique qualities and distinctive roles of these two digital assets, the ICBC sheds light on their growing importance in an ever-evolving financial landscape.
What happens when one of the world's leading financial markets suspends transactions in major global currencies? The Moscow Stock Exchange has just done so in direct response to American economic sanctions. Could this Russian initiative redefine the rules of international trade and global financial relations? Initial reactions and analyses suggest significant changes on the horizon, impacting not only this member of the BRICS, but also the global economic balance.
While Injective had the wind in its sails throughout 2023, the cryptocurrency faced a bearish movement that precipitated it into oblivion. Let's examine together the future prospects for INJ.
The PlayDoge craze that has recently caught the crypto market is showing no signs of slowing down. This latest meme-coin sensation is pushing through milestones left and right, with the presale currently nearing $4 million. Investors and crypto enthusiasts around the world are vigilantly watching this project as the current trajectory showcases that it might just soar in the upcoming months.
Crypto airdrops are still making waves in 2024, attracting increasing attention in the world of cryptocurrencies. Several projects stand out particularly in this trend, with numbers that are downright impressive, hinting at significant gains for users. As the year progresses, the excitement around airdrops shows no signs of slowing down, promising many more surprises and opportunities for participants.
The cryptocurrency market just experienced a spectacular surge this Wednesday as the price of Bitcoin once again surpassed the symbolic $69,000 mark. This rapid increase follows the release of lower-than-expected U.S. inflation data, reigniting investor optimism and fueling a wave of transactions.
After a rise of more than 20%, Ethereum’s price is undergoing a bearish correction. Let’s examine the future outlook for ETH together. Ethereum (ETH) Price Situation After rising from $3,000 to $3,800 following the approval of Ethereum spot ETFs, the cryptocurrency’s price stabilized before facing bearish…
The biggest financial bubble of our time is on the verge of bursting, warns renowned economist Harry Dent. According to him, the stock market is currently inflated by excessively accommodative monetary and fiscal policies, built up over more than a decade. This warning, given during a recent interview with Fox Business, highlights potential risks of a stock market crash even more devastating than that of 2008. At a time when the global economy appears to be slowing down, Dent's remarks call for increased vigilance and rigorous preparation.
Saudi Arabia reportedly decided "not to renew its 50-year agreement on the petrodollar with the United States". Will the petro-bitcoin be next?
The dissolution of the Macron National Assembly weakens public finances. Analysis of the impacts on the budget, debt, and markets.
"The Bretton Woods system is dead," said Vladimir Putin. What if we replaced it with Bitcoin?
For many, wealth management remains a complex and confusing challenge. However, in the era of crypto, this complexity could be simplified. New financial products make it possible to improve and better manage one's wealth. But how do you go about it? That's exactly what you'll discover in the latest edition of the CMC podcast.
While the price of Bitcoin faced upward pressure leading its price to its highest level, BTC failed to break through its $72,000 resistance. Let's analyze the future outlook for the BTC price together.
Bitcoin has suddenly dropped below the $68,000 mark, triggering a massive liquidation that has affected more than 75,000 traders. This unexpected plunge comes amidst significant outflows from Bitcoin ETFs and growing economic uncertainties fueled by anticipation of U.S. inflation data and the upcoming Federal Reserve meeting.
The Paris stock exchange index, the CAC 40, has suffered a heavy fall following Macron's dissolution of the National Assembly!
Among revolutionary announcements, technological developments, and regulatory turbulence, the crypto ecosystem continues to prove that it is both a territory of limitless innovations and a battlefield of regulatory and economic challenges. Here is a summary of the most significant news from the past week around Bitcoin, Ethereum, Binance, Solana, and Ripple.