In the tumultuous streets of Warsaw, where the voice of crypto resonates as loudly as the chants of the opposition, a new technological era is on the horizon. Amidst this commotion, could blockchain hold the secret to a revitalized Polish democracy?
October starts off on a high note for cryptocurrency enthusiasts. We're referring to the sudden rally that is currently propelling Bitcoin and Ethereum to new highs. Dubbed 'Uptober,' this unexpected surge is triggering optimistic forecasts within the crypto community. Leading up to it, the market has seen over $70 million in liquidated crypto shorts in just a matter of hours.
From the surprising cyberattack faced by Huobi, to the mounting pressure on the SEC regarding the approval of the Bitcoin ETF, and the bold initiative by NASA to use blockchain to authenticate its moon landings – the week has been full of twists and turns. And that's just a glimpse. Let's dive into these stories and more to start this new week with a clear view of the crypto horizon!
VanEck anticipates that its request for the deployment of an Ethereum ETF futures will receive approval from the SEC in the near future. This prediction is accompanied by an extensive charm offensive aimed at the crypto community. Recently, VanEck has made a commitment to donate a portion of its profits derived from its ETH ETFs to Ethereum. Details!
The European Union is to fork out nearly €1 million (in fiat or crypto?) to assess the environmental impacts of cryptocurrencies and bitcoin mining activities. Does this mean that Brussels prefers strict regulation of these activities to the ban? In any case, crypto-enthusiasts will be sure to follow the progress of this study, especially the publication of the first reports. The fate of bitcoin mining and crypto activities in Europe will in fact depend on it.
During a congressional hearing, SEC Chairman Gary Gensler reaffirmed that Bitcoin is not a security. However, he refrained from categorizing it as a commodity, leaving doubts about the exact classification of this flagship cryptocurrency.
An unexpected event has shaken the very foundations of Bitcoin, the most famous and valuable digital currency. Marathon Digital, one of the most technologically advanced mining companies, recently mined an invalid block. But what does this mean for the network and all of us?
Tourmentée par des dizaines de milliers de sanctions infligées par l’Occident, la Russie, bourreau de l’Ukraine, n’a de choix que de se tourner vers les cryptomonnaies et les technologies connexes. Rouble numérique, plateforme nationale d’échange de devises numériques, DAO… forment actuellement un bouquet d’alternatives pour rehausser une économie russe en plein plongeon. Sauf que les États-Unis n’ont pas l’intention de lui faciliter les choses, même avec les cryptos. Washington n’hésiterait pas à faire pression sur Binance pour couper le pont entre les Russes et les actifs numériques. Détails !
While major international banks and other financial institutions have been embracing blockchain technology and cryptocurrencies for several months, HSBC had been content to observe, or even ignore them. But the saying goes, 'better late than never.' Thus, the $3 trillion asset banking giant has decided to make up for lost time. An alliance with the blockchain payment processor FC Pay has been established. The goal is to allow HSBC customers to pay their bills with cryptocurrencies like Shiba Inu, XRP, and more.
In a climate of heightened anticipation, the crypto community eagerly awaits the SEC's verdict on Bitcoin spot ETFs. Several U.S. lawmakers, recognizing the significance of the matter, are actively urging the SEC to approve these ETFs without further delay.
Two years ago, Bitcoin lost any chance of flourishing among Chinese cryptocurrency traders. The Chinese Communist Party didn't seem ready for decentralization, opting for a totalitarian CBDC (Central Bank Digital Currency) rather than an emancipatory BTC (Bitcoin). However, in recent times, the Xi Jinping government has seemingly changed its perception of the flagship cryptocurrency. This decision by a Shanghai court to grant Bitcoin the status of “unique and non-reproducible currency” attests to this change of heart.
From Bitcoin's meteoric rise, now surpassing Visa in transaction volume, to Binance's bold prediction about the demise of stablecoins in Europe, the news has been as varied as it has been impactful. Citigroup has also made a splashy entry into the crypto world, while the Ethereum ecosystem faces turbulence with the rejection of its Shanghai upgrade. And the FTX case, nearing its resolution, marks a pivotal moment for millions of investors. Dive with us into this weekly roundup to stay informed about the significant events of the past week.
The dominance of Bitcoin (BTC) in the crypto ecosystem has recently reached a yearly high, piquing the curiosity of investors and experts. Why this sudden resurgence? And what are the implications for altcoins?
Things are looking up for the American miner Core Scientific, which has been on the brink of bankruptcy for a year.
In a 1.5-hour interview, Michael Saylor revealed the catalysts for the next Bitcoin bull run.
Bitcoin is poised to deliver a performance that could leave the audience in awe. In these times of economic turbulence, the star of Bitcoin shines with a newfound brilliance, promising a golden dawn that would surprise even the most optimistic among us. Behind the scenes of this grand stage are significant movements, signaling an unexpected and historic surge.
The world of crypto is catching its breath: Bitcoin (BTC) has surged to $27,400, marking a 10% increase over the past week. Additionally, the open interest on BTC also saw a 10% rise in just 3 hours yesterday. However, this situation is evoking familiar sentiments among investors, reminiscent of the temporary surge on August 29th, following Grayscale's victory over the SEC. Are we witnessing a similar scenario?
The Terra storm heavily impacted the Bitcoin price and several crypto projects, including Celsius Network. In July 2022, the crypto lender formerly led by Alex Mashinsky declared bankruptcy, with a balance sheet burdened by over $4.7 billion in debt to its users. However, the Celsius team remained resilient during these challenging times. Recently, the bankruptcy court gave the green light for the execution of the financial restructuring plan for this crypto company. To top it off, Celsius acquired a Bitcoin mining site in Texas.
In a world where bitcoin fever continues to gain momentum, a new chapter looks set to open, promising far-reaching upheavals in the global financial landscape. A veritable tidal wave seems to be in the making, orchestrated by asset management titans who control colossal fortunes. These giants, armed with their trillions, are ready to invest massively in bitcoin. Such an incursion could well redefine the financial paradigms we know today. But what if a significant fraction of this financial windfall were to make its way into the crypto market?
James Howells is a Bitcoin investor who misguidedly misplaced £164 million by throwing a hard drive into a landfill. To this day, he hopes to recover his Bitcoin (BTC) holdings despite a decade-long legal battle.
While the United States, through the SEC and CFTC, grapples with regulatory challenges in the cryptocurrency market, Germany is forging ahead. Currently, numerous German banks have already stepped into the exciting world of cryptocurrencies, and some local financial institutions believe it's time to embark on this adventure. This includes the Stuttgart Stock Exchange, which plans to launch crypto staking next year.
The co-founder of the payment company Lightspark, focused on the Bitcoin Lightning Network, has recently spoken about the archaic state of the international payment system. On September 12, 2023, during an appearance on CNBC, David Marcus discussed the potential of the Bitcoin network and expressed his commitment to turning it into a global payment system.
Renowned for being tamper-proof and completely transparent, Bitcoin is often touted as a perfect 'trustless' network. But can we truly say that we trust no one but ourselves when we use Bitcoin? This is the question posed by Pierre Schweitzer during the Surfin Bitcoin 2023 event in Biarritz.
What is the cumulative inflation since 2010? What is the extent of purchasing power loss?
Will the ECB stop raising its key interest rate soon? Some governors hope so.
All eyes are on bitcoin (BTC). Prices are not showing positive signs, and investors are becoming increasingly concerned. But while some are desperately hoping for a rise, their wish is unlikely to come true. According to Jamie Coutts, the downtrend has not said its last word.
The Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, is set to step foot in El Salvador during an official visit scheduled for this week. As El Salvador recently made headlines by adopting Bitcoin, this diplomatic initiative piques curiosity. Could Qatar be considering a similar adoption?
Bitcoin dropped by around -3% on Monday, September 11. Let's take a look at the prospects for the $BTC price.
India announces 5 revolutionary measures for the crypto sector at the G20
This week, the crypto market has experienced notable turbulence, orchestrated mainly by bitcoin. A shadow of decline now looms, leading to a widespread and immediate plunge in altcoins.