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.
Like an ant, this institutional investor has alternated buying Ethereum at opportune times and has been rewarded handsomely. Indeed, since September, when ETH was trading between $1,500 and $1,600 per coin, this whale was able to amass a tidy sum of over 41,000 ETH. Imagine how much that is worth today, with ether valued at over $2,200.
This is the bombshell in the crypto sphere: Anatoly Yakovenko, the founder of Solana, has just made an unexpectedly mild statement regarding the Ethereum blockchain. While the two projects are often depicted as fierce competitors, Yakovenko sought to ease tensions during a notable address.
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 !
As Solana, the “Ethereum killer”, reemerges after a tumultuous period, its spectacular progress against its historical rival reignites the debate: are we witnessing the beginnings of a paradigm shift in the crypto universe?
The Machiavellian origin of the petrodollar is no more. Henry Kissinger has passed away at the age of 100.
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.
Blockchain technology is revolutionizing various industries, including finance, supply chain, healthcare, and more. Its decentralized nature ensures transparency, security, and immutability of data. With its potential to improve processes, reduce costs, and increase efficiency, blockchain is gaining traction across the globe. As a translator in the blockchain field, I aim to bridge language barriers and facilitate communication between different stakeholders in this innovative industry.
The twilight of the petrodollar is no longer a myth. China and Saudi Arabia are rapidly de-dollarizing their exchanges. When will the petro-bitcoin arrive?
Discover the transformation of Binance under Richard Teng: a traditional financial structure focused on transparency and compliance.
Recently, the crypto platform Binance and the United States Department of Justice (DOJ) reached an agreement to abandon the investigations conducted against the company. Interestingly, the Securities and Exchange Commission (SEC) did not participate in the agreement. According to some analysts, this stance is anything but innocent.
Hand in hand, Alibaba and Avalanche shift into high gear. Driven by major ambitions for conquering Web3, the two aim to go further into the realm of enterprise metaverse. The latest news indicates that the Alibaba subnet has been successfully deployed on the Avalanche blockchain.
Bitcoin acts as the conductor of an unprecedented symphony. 2023 witnessed a meteoric rise of this cryptocurrency pioneer, catapulting interest not only from tech geeks but also from financial titans.
Crypto: EIP 4844 will reduce layer 2 transaction fees. It will improve Ethereum's overall performance.
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On November 26, 1998, Wei Dai, computer scientist and cryptographer, published an essay entitled "B-Money: An Anonymous and Distributed Electronic Cash System" on a Cypherpunk mailing list. This document described the foundations of a peer-to-peer payment system based on cryptography, laying the groundwork for what would become Bitcoin 10 years later.
As part of the agreement he signed with the US Department of Justice (DOJ), Changpeng Zhao (CZ), the former CEO of the crypto exchange Binance, pleaded guilty. The arrangement spares the company he founded from a trial that could destroy it. As for him, he will still have to face the full force of the law. His defense lawyers have just proposed a rather unprecedented sanction option for their client.
Blockchain, renowned for its disruptive innovations, presents a new facet with the concept of Read to Earn. This initiative merges technology and content consumption, offering a novel dynamic in the digital world. Instead of being mere consumers, readers become active users, rewarded for their engagement and curiosity. This article reveals the multiple advantages of Read to Earn in blockchain and highlights its potential to enrich both readers and content creators while enhancing the intrinsic value of the blockchain ecosystem.
In the world of cryptocurrencies, new methods for acquiring assets are emerging regularly. Among them, the Read to Earn concept stands out for its innovative and accessible approach. Instead of mining or investing, why not earn cryptos simply by consuming content? This is the enticing promise of Read to Earn. If the idea of combining learning with financial gains appeals to you, this article is for you. It reveals how to turn your reading time into a potential source of income in the world of cryptocurrencies.
In the digital world, engagement models are constantly evolving. The concepts of Read to Earn and Learn to Earn are drawing attention for their innovative approach to content consumption and education. But what is the real distinction between these two models? Why are they relevant in today’s landscape? This article aims to demystify these terms, highlighting their characteristics, advantages, and implications.
In the digital age, where content is king, a new trend is shaking up the landscape: the Read to Earn model. Instead of being mere consumers, readers become active participants, earning tangible rewards for their engagement. This shift, though subtle, redefines the interaction between creators and consumers, establishing a synergy where everyone finds their reward. This article unveils the specifics of Read to Earn, highlighting how it works and the opportunities it offers.
Binance is at a decisive crossroads. With major regulatory challenges and growing mistrust, a new captain comes aboard the platform, Richard Teng. But the big question remains: will he be able to navigate these troubled waters and regain lost trust? Let's embark together to explore this saga worthy of a financial thriller.
Ether goes green again! Rekindling investors' hopes after a brief dip below $2,000 last week. ETH whales have contributed to this rebound, some analysts believe.
In the turmoil of the Binance affair, its founder CZ finally breaks his silence. He asserts his mental stability despite legal challenges. And of course, this unexpected statement is not without repercussions.