Is Bitcoin poised to break through the $40,000 barrier? Or even more? For now, it's peaking at $37,000, a level it hasn't seen since May 2022. But in the meantime, here is another performance that deserves your full attention.
The American digital giant is regularly in the spotlight. The issue is its methods deemed unfair to stifle, or even eliminate, any competition. This comes at the expense of users who pay a high price. This is the essence of the collective legal action taken against the company, specifically regarding the use of cryptocurrencies as a P2P payment method.
A recent report from the Basel Committee on Banking Supervision (BCBS) reveals that 19 major banks have heavily invested in crypto, amounting to 9.4 billion euros, with a strong presence of Ripple alongside Bitcoin and Ethereum giants.
Javier Milei, elected during economic turmoil in Argentina, claims to embody anarcho-capitalism and professes to be a bitcoin enthusiast. However, behind this facade lies a character with radical ideas, far from the cherished principles of freedom by Satoshi Nakamoto. His victory raises concerns, not only for Argentinians but also for the image of Bitcoin, associated with aggressive rhetoric and a dangerous economic agenda.
Binance is currently experiencing a challenging period in the United States. According to the latest information from Bloomberg, the US Department of Justice is reportedly seeking $4 billion from the Exchange to settle its investigation into allegations of money laundering and other alleged illegal activities.
A recent survey conducted by the Autorité des marchés financiers (AMF) reveals a growing preference among French people for cryptocurrencies compared to stocks and ETFs. Currently, 9% of French adults hold cryptocurrencies, compared to 7% in stocks and 2% in ETFs. This trend is particularly pronounced among young people, with 31% of them open to being paid in cryptocurrencies. The impact of the pandemic has played a role in this shift in investment preference. Additionally, 24% of French adults invest in various financial instruments, and over 10% are turning to real estate funds.
The Solana DeFi ecosystem is currently experiencing exponential growth. In the space of just one week, transaction volumes on Solana-based decentralized exchanges (DEX) have surged by 54%, reaching a record high of 3 billion dollars.
Sam Altman is no longer the CEO of OpenAI, the firm behind the ChatGPT conversational tool. An opportunity of a lifetime for Charles Hoskinson, the CEO of the crypto company Cardano, who has made an enticing proposal to Sam Altman. One that involves creating a Large Language Model (LLM) that operates in a decentralized manner.
The potential link between the crypto firm Binance and terrorism financing is still stirring reactions. Specifically in the United States, where Congress has called on the federal administration to shed light on this allegation. This is to be done by openly addressing certain aspects of this issue.
There's something new with Ethereum. In due time, the account abstraction related to rollups on the world's most popular blockchain will become effective. Let's dive in !
Ripple, the crypto platform behind XRP, is committed to the tokenization of several assets. Among these are fungible tokens, stablecoins, and central bank digital currencies (CBDC). The latest news is that the XRP Ledger (XRPL), the decentralized public blockchain that Ripple operates for XRP issuance, is making progress. It is venturing into the tokenization of real assets, positioning Ripple as a key player in decentralized finance and the blockchain ecosystem.
In recent weeks, statistics reveal a strong enthusiasm from institutional investors for Bitcoin. This week, Bitcoin whales have broken the annual record for the amount of BTC held. Yet, exactly one year ago - November 11, 2022 - they all suffered the consequences of the collapse of the FTX crypto exchange. What justifies this rapid and massive accumulation of BTC just a few weeks before the end of 2023?
Kristalina Georgieva actively supports CBDC. She sees these digital currencies as a promising alternative to physical cash.
The crypto community is eagerly awaiting the approval, by the Securities and Exchange Commission (SEC), of several ETFs, including potentially the first Bitcoin ETF in cash. Regarding the latter, for example, analysts have suggested that a decision should be made by January 2024. The SEC has postponed its decision.
Following the recent attacks funded by Hamas through crypto, European lawmakers are considering tightening regulations by imposing identity verifications for all cryptocurrency transactions, even those below €1,000.
Exactly one week ago, financial giant BlackRock filed for registration of the iShares Ethereum Trust, the proposed ethereum (ETH) cash ETF. The news caught the attention of crypto analysts as it suggested the upcoming filing of an Ethereum ETF application with the SEC. That has now been done.
The SEC has lost and will continue to lose lawsuits, celebrates Ripple's lawyer.
Yesterday, crypto firm Binance and the SEC jointly filed a lawsuit seeking a restraining order. The judge outright rejected the request. Here are the reasons given by Judge Amy Berman Jackson, who ruled on the case.
Discover the buzz around XRP crypto and BlackRock: speculations, blurry links, and legal risks. The details!
Despite the cheers, the fact is that inflation continues to erode Americans' savings. Much more than what official figures suggest.
Yesterday pinned, today fearless. PayPal has just thrown down the gauntlet to the authorities by asserting its determination to pursue its blockchain innovations. Let's analyze this statement that sounds like a declaration of war.
The use of artificial intelligence (AI) to generate synthetic content is booming on YouTube. In response to this phenomenon, the platform has decided to tighten the rules: from now on, creators will have to disclose their use of AI, under penalty of punishment.
The long-awaited moment has finally arrived: today the U.S. government is revealing October's inflation figures, an announcement that could give new momentum to the recent surge in Bitcoin.
The crypto arena lights up under the spotlight of a titanic clash: Binance against the US SEC. This legal duel, which unfolds on the delicate terrain of data privacy, marks a new chapter in the tumultuous history of relations between crypto behemoths and regulatory authorities. Binance is now in pursuit of a protective order, a move that reveals the complexity and sharpness of this confrontation.
In a world where crypto embodies the ultimate frontier of modern finance, the approval of spot exchange-traded funds (ETFs) for Bitcoin was anticipated as a revolution. However, JP Morgan, a giant in the banking sector, casts a shadow over this enthusiasm. According to them, the arrival of these Bitcoin ETFs might not trigger the expected avalanche of fresh capital. A statement that sharply contrasts with the bullish momentum recently observed in the crypto market.
For Michael Saylor, Bitcoin doesn't need to replace fiat currency to reach several hundred trillion dollars.
In the crypto universe, the market has just experienced a major shock. Within 24 hours, a wave of liquidations swept away $200 million, a tremor that not only shook investors but also revealed the hidden forces that govern this market. This sharp correction, following a period of uptrend, raises crucial questions about volatility and stability in the world of crypto.
Indeed, the FTX storm has wreaked havoc in the United States, Japan, and even France, but this hasn't prevented an increase in the rate of crypto adoption in France. According to a report by the Financial Markets Authority (AMF), the number of local adults investing in cryptocurrencies has relatively increased. Details!
As the Halving 2024 approaches rapidly, a recent report from Glassnode reveals a concerning tightening of the available supply of Bitcoin. This analysis delves deeply into key indicators predicting a surge in demand from investors in the months leading up to this critical event.
The BRICS countries want to get rid of the influence of the US dollar. This is a high-stakes issue for this group of countries, especially for Russia, which is facing a series of financial measures taken by the West in response to the invasion of Ukraine. It seems that the country is maneuvering to overcome these sanctions. And it is apparently succeeding as the Russian currency, the ruble, has surpassed the dollar in the foreign exchange market.