Bitcoin under pressure: the Fed lowers rates and the crypto market could emerge either shaken or pleased!
Bitcoin under pressure: the Fed lowers rates and the crypto market could emerge either shaken or pleased!
The Layer 2 blockchain of one of the largest crypto exchange platforms in the world, Coinbase, Base, has just reached a historic milestone by surpassing Ethereum in the number of daily transactions. This remarkable performance propels Base to the rank of uncontested leader in scaling solutions.
The constantly evolving crypto market always holds surprises. As a result, meme coins are no exception. While giants like Dogecoin and Shiba Inu seemed untouchable, a new player emerged to shake up this balance in 2024: the WIF coin. Supported by the Solana network, known for its speed and low costs, this meme coin quickly climbed the ranks of the market, surpassing PEPE, one of the most popular.
The week looks set to be eventful for the crypto market, with three major elements to watch: U.S. inflation data, Federal Reserve decisions, and the evolution of investor sentiment. These factors could significantly influence the prices of Bitcoin and other digital assets in the coming days.
Amid revolutionary announcements, technological advancements, and regulatory upheavals, the crypto ecosystem continues to prove that it is both a territory of limitless innovations and a battleground of regulatory and economic struggles. Here is a summary of the most notable news from the past week surrounding Bitcoin, Ethereum, Binance, Solana, and Ripple.
France has made an unexpected request to the European Commission as Europe seeks to maintain post-pandemic budgetary balance. Indeed, it is asking for an extension of the deadline for submitting its public deficit reduction plan. The aim behind this request is to enable it to align this plan with the finance law for the year 2025. With a colossal public debt, France is far beyond the thresholds set by the EU. This request therefore threatens the economic stability of the euro area, as well as that of the crypto market.
Amid spectacular dives and acrobatic rises, Bitcoin continues to sow chaos. Experts are already seeing stars!
In the span of a month, Bitcoin has lost 8.6% of its value. It reached its lowest point at the beginning of September. This decline occurs in a market context weakened by reduced liquidity and heightened selling pressure. Investors and traders, accustomed to the rollercoaster of prices, are searching for clues about the direction the market could take in the coming days. What are the immediate factors that led to this drop? What are the useful strategies for traders and the short-term outlook for the market?
A new dynamic is observed among the main holders of Bitcoin. In recent weeks, the number of wallets containing more than 100 BTC has reached its highest level in 17 months. This reflects a marked resurgence of interest from whales, those major investors in the sector. Over the span of 30 days, these key players have accumulated more than 133,000 BTC, amounting to a colossal sum of $7.6 billion. This record accumulation comes as small investors, alarmed by market fluctuations, are shedding their holdings, creating a striking contrast in investment behaviors.
Bitcoin has taken on a new strategic dimension for Russia. In the face of economic sanctions imposed by the West, the country has found in cryptocurrency mining an unexpected lever to keep its economy afloat. With more than $3 billion mined in Bitcoin last year, Russia seems to have found…
The Bitcoin market is entering a critical phase, with institutions being the main players. Indeed, large financial institutions are currently absorbing almost all of the new BTC issued. This discreet yet massive strategy could soon disrupt market balances, even leading to a shortage of available Bitcoin.
The Republican candidate for the presidency of the United States, Donald Trump, wants to lift all sanctions against Russia. Is it not too late to save the dollar?
The crypto market is often unpredictable. A new drop in XRP illustrates this clearly. Yesterday, XRP plunged to 0.5026. This situation led to massive liquidations in the futures markets, thus exposing the fragility of long positions in a context of widespread correction.
The proposal to burn 1.5 billion ADA tokens is currently causing controversy within the crypto community. Charles HOSKINSON, founder of Cardano, has taken a stand against this controversial idea. Amid the phase of decentralized governance, this proposal to destroy these ADA tokens raises questions on various levels, both economic and ethical.
In crypto, Vitalik Buterin proposes a marriage with Google… and buries the deadly duels with panache.
Globees, the new seasonal rental platform, makes a notable entrance into the market. The properties offered, sourced from the Globees community, also include a residence directly managed by Globees Property. This launch marks the beginning of a new era for eco-friendly rentals.
Financial markets are once again under pressure, and Bitcoin is not escaping the storm. The most famous cryptocurrency, often regarded as a barometer of global risk sentiment, has just hit its lowest level in a month, shaken by mixed U.S. economic figures. As economic uncertainty prevails, and decisions from the Federal Reserve are closely scrutinized, a sense of distrust is settling in among investors.
The FIU-India is somewhat of a strict regulator of crypto. After approving Binance and KuCoin, it is considering welcoming two other platforms... but not without a small fine as a gift!
In recent years, crypto companies have significantly increased their investments in the sports field. These businesses are looking to reach a global audience by sponsoring various sports and sporting events. Among the most popular sports for crypto investments are basketball, football, Formula 1, and even less traditional sports like drone racing.
The Venezuelan opposition is exploring radical solutions to address the situation in the face of the country's economic collapse. Indeed, it proposes to use Bitcoin as a national reserve. The stabilization of this economy, devastated by years of mismanagement, depends on the recognition of Bitcoin as a store of value.
After the arrest of its CEO Pavel Durov in France, Telegram is making a major strategic shift regarding its privacy policy and international presence.
After 51 days of suspense, Barnier arrives at Matignon and the banks soar, proving that anything can happen!
After peaking at $0.80, Cardano dropped by 66%. Let’s examine ADA’s future prospects together. Cardano (ADA) Price Situation After hitting a low below $0.24, Cardano was buoyed by the overall crypto market and reached the $0.68 level in two months. At this price level, we can observe that Cardano experienced…
When Bitcoin doesn't take off, miners row against the current, and their profitability is sinking. Stuck below the surface!
With 127 million holders, Ethereum far surpasses Bitcoin. We provide you with all the details in this article.
Bitcoin, once a symbol of the inexorable rise of cryptocurrencies, is now faced with an unprecedented challenge. More than 10% below its all-time high, the leading global cryptocurrency is struggling to recover despite a halving event in 2024. This unexpected stagnation is raising multiple concerns among investors and industry experts.
In the midst of the presidential election, Harris embraces crypto! After Bitcoin, a coin in the hat, and we’re off!
Since Tuesday, XRP has experienced an unexpected surge in its trading volume. Within 24 hours, this cryptocurrency recorded a spectacular increase in both the derivatives market and the spot market. Despite the recent turbulence observed in the market, XRP seems to be benefiting from a significant resurgence of interest.
This Tuesday, Nvidia experienced a staggering drop in its market capitalization. The company lost nearly 270 billion dollars. This news, in addition to being an indicator of the current volatility of the market, redefines economic priorities in the era of technological innovation.
Bitcoin adoption takes a new step in France. The Carrefour Express in Rouen has just announced that it now accepts Bitcoin payments via the Lightning Network. This initiative marks a turning point in the integration of cryptocurrencies by major French retail chains. Innovation at the Heart of Retail The Carrefour…