A new front of economic tensions is opening up between China and the European Union, threatening to disrupt the global trade balance. In response to the EU's proposals to impose tariffs on Chinese electric vehicles, China, an influential member of the BRICS, has warned of the possibility of a trade war.
As we are just a week away from July, all eyes are on Bitcoin, the leading cryptocurrency which, despite its current decline, could potentially see its value soar next month. Historically, July has proven to be a period of significant gains for Bitcoin, providing lucrative opportunities for savvy investors. In light of past trends and promising new data, what are the prospects for Bitcoin in July 2024?
The crypto market is safe to say swimming in bearish waters as all major coins are trading heavily in red. Investor’s insecurities are rising because there are no solid signs of market recovery.
Between revolutionary announcements, technological advancements, and regulatory turbulence, the crypto ecosystem continues to prove that it is both a territory of limitless innovation and a battlefield of regulatory and economic challenges. Here is a summary of the most significant news of the past week around Bitcoin, Ethereum, Binance, Solana, and Ripple.
The cryptocurrency market was shaken at the beginning of this week by a spectacular drop in the price of Bitcoin, which fell below the $62,500 mark. This steep decline led to the liquidation of over 60,000 traders, causing major disruptions in the crypto ecosystem. Why such a drop?
Bitcoin has already massively underperformed Nvidia. While bitcoin has seen its price increase by about 300% in the past 18 months, Nvidia's stock has experienced a surge of over 800%. So, to get rich, is it better to buy Nvidia stocks or BTC?
As the BRICS welcome new members and strengthen their de-dollarization agenda, a burning question emerges: could the Tether stablecoin (USDT) be the United States' secret weapon to preserve their economic hegemony? The implications for the crypto market and the global economy are immense.
There has been a lot of volatility in interest rates over the past two years. How can a change in the yield rate affect an asset like bitcoin? This is where we will look at the different factors surrounding interest rate changes and the consequences for bitcoin.
Michaël van de Poppe, renowned crypto analyst, anticipates a significant rise in altcoins, propelled by Ethereum's remarkable resilience. While Bitcoin shows signs of weakness with significant outflows from US-based ETFs, Ethereum displays impressive stability. This dynamic could herald a major turning point for the altcoin market.
Bitcoin ETFs are facing an unprecedented financial hemorrhage, recording massive net outflows for six consecutive days. With over $544 million withdrawn, this phenomenon reflects significant tensions in the crypto market, raising crucial questions about the future of these financial products and their stability. Investors and analysts are closely monitoring this worrying trend, seeking to understand its root causes and future implications.
Bitcoin, often seen as the barometer of the crypto market's health, is facing a storm of pessimism rarely seen. Despite its price fluctuating around $64,000, the crypto community seems gripped by persistent fear, uncertainty, and FUD.
Massive Capital Outflows: Are Investors About to Abandon ETFs?
Bitcoin enters politics with Aurore Galves-Orjol, a candidate in Isère, who is advocating for monetary sovereignty and societal innovation in France.
In 2024, decentralized finance (DeFi) is positioning itself as one of the most dynamic and promising sectors in the crypto ecosystem. According to a recent report published by CoinGecko that we will dissect in this post, new trends in DeFi offer unprecedented opportunities. With a total value locked (TVL) now exceeding $90 billion, DeFi is ready to transform the way we design and use financial services.
Far from being a mere utopia, the idea of a $200,000 bitcoin could soon become a reality. Analysts at Bernstein have just thrown a spanner in the works with their latest prediction. But what could propel the leading crypto to such heights and how long will it take for this forecast to materialize?
With 226,331 BTC in its wallet, MicroStrategy reaffirms its confidence in bitcoin by buying an additional $786 million.
The global stock market is eagerly awaiting central bank decisions. This necessarily impacts the crypto market.
After reaching its ATH, ONDO faced selling pressure bringing its price down to $1. Let's examine together the future prospects for ONDO.
A new analysis by Glassnode reveals a surprising statistic: 87% of the circulating Bitcoins are in profit. This data, which contrasts with the recent price stagnation of BTC, offers an intriguing insight into the current state of the market and its prospects. Why this relative stability and what could be the implications for the future of this market-leading crypto?
Decentralized Finance is disrupting investing: Tokenization changes the game!
PlayDoge's presale shows this meme coin is one to watch in the market. After successfully reaching $4.5 million in funding, PlayDoge is close to a $5 million milestone. The project is close to entering the next presale stage. In less than two days, PlayDoge will increase its price. But why should you get interested in the project? Why are people praising it? Read the article to find out.
The storm continues to rage on the Bitcoin market, with massive outflows from US cash-settled ETFs shaking investor confidence. In just one week, nearly $879 million has exited Bitcoin funds, raising doubts about the future stability of the leading cryptocurrency. Experts believe a key factor could reverse this alarming trend.
Nvidia, the chip giant, now dethrones Microsoft as the most valuable company in the world, becoming the new rising star of the stock market. The group owes this meteoric rise to its wise bet on artificial intelligence.
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As the crypto market drops for the second consecutive day, investors are bearing the consequences of significant liquidations in altcoins. A wave of capitulations now represents more than 440 million dollars in just 24 hours.
Notcoin, a red-hot Telegram clicker game, surged 10% after landing a sweet spot on Binance, the world’s leading crypto exchange. This social media darling lets you tap your way to in-game riches, and you can seamlessly convert those hard-earned NOT tokens into real cash.
The ECB has published its annual report on the international status of the euro. Will it soon compete with Bitcoin in foreign exchange reserves?
As the BRICS actively seek to dethrone the US dollar from its status as the world's reserve currency, HSBC has issued bold forecasts on the future of the greenback. In the face of these de-dollarization initiatives, HSBC analysts maintain that the dollar will continue to reign as the dominant currency for decades to come.
A new storm is shaking the cryptocurrency market! The crypto market, known for its volatility, has once again surprised everyone. Leading assets like Bitcoin and Ethereum have been particularly affected, but this is just the tip of the iceberg. What really happened and what are the reasons behind this descent into hell?
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