Theme Invest

"""You are translator in the blockchain field"""

Like a rocket, bitcoin is gradually approaching its All Time High from November 2021: 69,000 dollars. Currently, the flagship crypto oscillates between 41,000 and 42,000 euros. But this allows some analysts to predict a frenzied race towards other summits.

In recent weeks, all eyes have been on Ripple (XRP). In the ecosystem, most investors are anticipating an imminent explosion in the crypto's value, due to the developments in the ongoing lawsuit between Ripple and the SEC. Indeed, as discussions continue between the two parties, the XRP market is buzzing. XRP activity has reached a record high not seen since August. Details here.

The inimitable Max Keiser has restarted the rumor. Qatar is about to invest 500 billion in bitcoin. Just that…

Gold and Bitcoin are surging. While one mainly benefits from geopolitical tensions, the other gains from anticipation regarding ETFs and the halving event.

While the price of gold has reached a new record above $2,100 per ounce this week, the performance of the precious metal far surpasses that of Bitcoin. Whereas gold is entering unknown territory with a relatively stable dollar, Bitcoin still has to rebound more than 60% to surpass its previous peak.

Week after week, the crypto sector continues to innovate and redefine the boundaries of finance and technology with audacity and creativity. In this weekly recap, we will explore the most significant news of the past week.

Binance played the role of a catalyst for the rise of LUNC. The crypto exploded by 60% following an announcement from the exchange.

Canadians would be disappointed with cryptocurrencies. According to the latest statistics, a significant number of them have regretted their investments in this digital asset. Details !

The fact that Changpeng Zhao (CZ) is facing the full force of U.S. law has not prevented him from sharing a poignant testimony about Bitcoin (BTC). The former CEO of Binance recounts how his decision, a decade ago, to invest his entire being into the flagship cryptocurrency, completely changed his life. However, he does not call on users to emulate him.

Bitcoin is on its way to the moon. Its recent performances have sparked unprecedented enthusiasm, leading to a dramatic increase in the number of addresses with a non-zero balance. Details !

Is the future of Bitcoin in the hands of small investors? Indeed, 74% of holders have less than 0.01 BTC.

Elon Musk, the billionaire with quick wit, has just thrown his feelings in the face of advertisers who have interrupted their advertising campaigns on X. Feeling subjected to a kind of blackmail, the irritated entrepreneur throws away the cloak of political correctness and let loose. “Go fuck yourselves!” he shouted at the companies trying to “blackmail X”. It was on November 29th, during a conference organized by the New York Times in New York.

Everything is going according to plan for Standard Chartered Bank, which reiterated its April forecast that Bitcoin would reach $100,000 by the end of 2024.

Things are heating up between Venezuela and Guyana right now. The reason? Nicolás Maduro wants to reclaim Essequibo, a territory awarded to the British in 1899 following a “partial” decision by the judges of the time. Burdened by massive inflation, Venezuela needs to find other alternatives to get its economy back on track. And if that means the annexation of 2/3 of Guyana, where there are oil and other mineral resources, so be it.

A mysterious "whale" has been buying bitcoins without counting since the beginning of the month. This is an unmistakable sign.

While Chinese growth is faltering, Beijing is not hesitating to open the floodgates of fiscal and monetary stimulus in order to try to boost its battered economy. With credit easing, early distribution of local borrowing quotas, and massive issuance of government bonds, the Middle Kingdom is multiplying unprecedented expansionary measures. Objective: to regain vigorous growth by 2024.

A major transformation is shaking up Ethereum, making the global supply of crypto ETH deflationary. Decoding it!

Accused of promoting risky investments with Binance, Ronaldo finds himself the subject of a class action lawsuit. Details here!

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.

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?

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.

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.

Despite the cheers, the fact is that inflation continues to erode Americans' savings. Much more than what official figures suggest.

For Michael Saylor, Bitcoin doesn't need to replace fiat currency to reach several hundred trillion dollars.

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!

The launch of the first spot Bitcoin ETF in the US is inching closer to reality, and one crypto project is already capitalizing on the excitement.

Ethereum crypto: on-chain and technical indicators suggest the imminent arrival of a significant bullish wave.