The Ethereum price finished the second week of December on a negative note, recording a drop of 6% and seems to continue its bearish movement. Let's examine together the future outlook for the ETH price.
The Ethereum price finished the second week of December on a negative note, recording a drop of 6% and seems to continue its bearish movement. Let's examine together the future outlook for the ETH price.
Blockchain technology is revolutionizing various industries by providing transparent, secure, and efficient solutions for managing data and transactions. It has the potential to transform sectors such as finance, supply chain, healthcare, and many more. The decentralized nature of blockchain ensures that no single entity has control over the network, making it resistant to fraud and censorship. With its ability to automate trust and eliminate intermediaries, blockchain is paving the way for a new era of digital innovation.
Bitcoin ended the second week of December on a negative note, recording a 5% decline. However, it has started the new week on a positive note. Let's examine the future outlook for BTC's price together.
Fidelity, the second largest investment fund after Blackrock in the ETF race, sees bitcoin reaching 15 trillion dollars within seven years.
It seems that everything is coming together for Bitcoin to have an explosive year in 2024. This week has been more significant than most others in terms of the state of the markets. Two major events happened simultaneously with the release of the latest inflation data and the December meeting of the Federal Reserve, which announced plans for a rate cut.
Week after week, the crypto sector continues to innovate and redefine the boundaries of finance and technology with boldness and creativity. In this weekly recap, we will delve into the most significant news of the past week, from El Salvador's pioneering Bitcoin bonds initiative to Donald Trump's controversial NFT collection, and the promising prospects of SEC approval for Bitcoin Spot ETFs. We will also examine the security incident at Ledger, the implications of BlackRock's entry into Bitcoin mining, and current trends surrounding Ethereum and Solana.
Crypto market decline: Bitcoin, Ethereum, Solana, and XRP in decline. Is this the end of the bull run or just a correction?
The principle of investing in the stock markets is to seek reward in exchange for the risk taken. That's why we will see if incorporating bitcoin into a portfolio can be a positive element.
The next two years are expected to see a significant increase in the volume of asset trading on the blockchain, according to Mathew McDermott, Global Head of Crypto Assets at Goldman Sachs. He explains that since the beginning of 2023, the bank's clients have shown a “huge appetite” for crypto assets and crypto derivative trading. This was reported during an interview with Reuters.
Jan van Eck, CEO of VanEck, has once again spoken about bitcoin. Apparently, nothing has changed: he still holds the queen of cryptocurrencies in high esteem. Additionally, he has predicted a new All-Time High (ATH) for this “essential” digital asset within the next 12 months. Details!
Jimmy Wales, the co-founder of Wikipedia, recently criticized Bitcoin (BTC). He derided the flagship cryptocurrency, claiming that it lacks functional relevance and causes monetary losses to its users, unlike a traditional bank account. The crypto community did not hesitate to respond to him.
Avalanche experienced a surge of nearly 70% in the first week of December. Let's look at what's in store for the price of AVAX.
Saudi Aramco, the largest oil and gas company in the world, appears to be on the verge of investing in bitcoin.
BingX, a prominent cryptocurrency trading platform, has officially added JITO (JTO) to its list of tradable assets. This move comes amidst a remarkable surge in the value of JITO and a notable increase in Solana price (SOL).
All the pieces are falling into place one after another. Bitcoin ETF, Halving, new accounting standards, and now the Fed.
In a world where cryptocurrency is redefining the boundaries of the digital economy, El Salvador boldly positions itself at the forefront with its “Freedom Visa” program. This initiative, born from a partnership between the Salvadoran government and Tether, a cryptocurrency giant, promises to transform not only immigration but also investment in the country. As El Salvador is already famous for adopting bitcoin as legal tender, this new investment visa program raises important questions: is it a revolutionary innovation or a costly gamble for investors? In a context where investment visas are gaining popularity around the world and offer unique opportunities for wealthy investors, El Salvador's “Freedom Visa” stands out for its close connection with crypto.
The moment of truth is approaching. Will the SEC soon approve Spot Bitcoin ETF applications? Or will it go as far as to postpone its decision? Recently, issuers of similar requests have been increasing meetings with officials from this U.S. financial regulatory body. Gary Gensler and his team must be under pressure.
BlackRock wants to make its Bitcoin spot ETF more accessible to Wall Street banks. The asset manager has indeed revised the functioning of its index fund to allow banking giants to participate in the Bitcoin market without violating the regulations they are subject to.
Week after week, the crypto sector continues to innovate and redefine the boundaries of finance and technology with boldness and creativity. In this weekly recap, we will delve into the most significant news of the past week, from the unexpected resilience of Bitcoin in the face of pessimistic predictions from the ECB, to the soaring rise of XRP, and the latest legal developments regarding Binance.
A striking bullish signal suggests a skyrocketing rise in the price of the BNB crypto, promising exciting prospects.
Michael Saylor conducted a survey on X to find out where Bitcoiners intend to sell a portion of their bitcoins.
Mike Novogratz, the CEO of Galaxy Digital, was until now known for being a critic of Ripple's XRP. The expert has, however, changed his mind regarding the relevance of this cryptocurrency, publicly admitting that he was wrong.
In an ever-changing financial and technological environment, companies are constantly seeking to innovate and push back the boundaries of what's possible. Rayn, an international company based in France, stands out for its innovative use of blockchain and artificial intelligence. Following an interview with their CEO, Mr. Gaël Itier, we were able to gather his vision of the company, its upcoming projects and explore how the project is navigating the tricky landscape of financial regulation.
Saudi Arabia, like some other Gulf countries including the United Arab Emirates (UAE), has recently been allowed to join the BRICS. With one of its influential members, Russia, the Saudi Kingdom has discussed strategic issues, including the exit from the dollar. But not only that.
Bitcoin no longer finds buyers in El Salvador. Currently, the country has only about 109,000 people holding BTC. The government in place must revisit its strategies to revise these numbers upwards and gain legitimacy. Zoom in!
One might think that the US wants to control Bitcoin, but is that really the case? What are the means? We will precisely study together certain aspects in terms of US control over Bitcoin.
Every economic ecosystem has a circle of people pulling the strings in some way to influence decisions. This is the mission of lobbyists, and there are many in the American crypto industry. Recent data shows a clear increase in funds injected by them to promote crypto activities.
Since January 2023, bitcoin (BTC) has experienced several breakthroughs that have caused its value to skyrocket. The asset has repeatedly reached the $30,000 mark. A resistance level that it vigorously broke through to reach the $40,000 mark, double its price at the beginning of the year. The asset is currently trading around $43,655 after a 4.52% increase in the last 24 hours. Bitcoin (BTC) is showing a level of dynamism that we haven't seen in several months. However, in this context, some financiers believe that all the hype surrounding the flagship cryptocurrency is biased. Let's see in the following lines what this is all about.
While investors and crypto traders are busy taking advantage of the current rise in the price of bitcoin, Elon Musk is choosing a different path. The billionaire, who has ambitions of colonizing the moon, has decided to make a massive investment in artificial intelligence. X AI, the company he has created for this purpose, has just launched an extraordinary fundraising campaign of 1 billion dollars. Its goal? To revolutionize artificial intelligence. Let's talk about it.
Bitcoin is back in the top 10 most valued assets in the world. The throne is in sight.