India is currently reassessing its position regarding cryptocurrencies. Ajay Seth, the economic secretary of the Ministry of Finance, stated that India is closely monitoring international developments related to cryptocurrencies. The rise of these digital assets globally is prompting the country to reflect on its regulation and policy regarding crypto.
Kicked out of the SEC but not off the radar, Gensler bounces back at MIT. Supreme irony: he will teach what he methodically fought against. New stance or even an imposture?
At $105,000 per Bitcoin, miners are singing in the rain of exahashes. Fierce competition, stellar margins: it’s a dance of numbers and electricity.
President Donald Trump has just granted a full pardon to Ross Ulbricht, the founder of the dark web site Silk Road, after more than 11 years of incarceration! He had been sentenced to two life terms without the possibility of parole for charges of drug trafficking and money laundering using bitcoin. Trump's pardon, which is not favored by everyone, is part of the many promises made to the crypto community during the election period.
Canada is preparing for a trade war with the United States in response to Donald Trump's threats to increase tariffs on Canadian products. Canadian Minister of Foreign Affairs, Mélanie Joly, stated that Canada would impose a "Trump tax" if these threats materialized, thereby triggering the largest trade war between the two countries in decades.
Between a provocative Trump and an inflexible Fed, the economy wobbles. Interest rates rise, prices soar, and nerves fray.
Bitcoin reaches $99,562, breaks a key resistance level, and is charging straight towards $100,000! However, what surprise awaits BTC? A rise to $120,000 or an imminent correction to $92,000? Let's explore technical trends and perspectives together.
When a former footballer dons the jersey of innovation, and Trump orchestrates, the crypto-sphere stirs: a promise of growth or just a bluff?
Ethereum, this giant with feet of gas, launches: fees falling, but stability wavering. The future? A leap into the unknown.
The year 2023 marked a significant break in the evolution of the wealth of French households. After eight consecutive years of growth, it experienced a decline to 14,567 billion euros, a drop of 0.9% compared to 2022. This downturn, confirmed by a study from Insee and the Bank of France, sheds light on profound changes in the French economy. Mainly attributable to the drop in real estate prices, this phenomenon reflects the impact of recent monetary decisions, notably the increase in the European Central Bank's key interest rates, which has raised the cost of loans and dampened demand. Real estate, once an essential driver of household wealth, has been at the center of this crisis. Furthermore, prices, down by 4.7%, have weighed heavily on national wealth, although the 8.3% increase in financial assets has partially mitigated the losses.
As eyes are fixed on Bitcoin, which hovers around $95,000 after failing to break the symbolic $100,000 mark, data indicates that the flagship crypto is far from reaching its peak. Unlike previous bull cycles characterized by frantic activity from retail investors, this market now appears to be dominated by institutional investors, with an unprecedented dynamic.
As bitcoin hovers around 95,000 dollars, the crypto community is questioning the possibility of a significant correction. Amid mixed technical signals and the history of Thanksgiving periods, the short-term future of the queen of cryptos remains uncertain.