The Trump breath promises mirages in crypto, warns Hayes. Collective illusion or thrill of truth? January is shaping up to be fierce for Bitcoin.
The Trump breath promises mirages in crypto, warns Hayes. Collective illusion or thrill of truth? January is shaping up to be fierce for Bitcoin.
In a tense political context following the fall of the Barnier government, Parliament definitively adopted the "special" budget law on Wednesday, December 18, allowing for the continuity of essential state services starting in January 2025. This emergency measure, unanimously approved by the Senate, comes two weeks after the motion of censure that led to the government's resignation.
The crypto market is going through a period of high volatility, marked by a drop in the price of Bitcoin, now valued at $100,300. This unexpected plunge for many investors comes in the wake of the recent announcements from the U.S. Federal Reserve. While the 0.25% reduction in the federal funds rate appeared to align with expectations, the upward revision of inflation forecasts for 2025, now set at 2.5% from 2.1% previously, took the markets by surprise. In his speech, Jerome Powell, the Fed chair, emphasized that these adjustments reflect a cautious approach in the face of current economic challenges. These decisions have triggered shockwaves in the financial markets, increasing uncertainties and sparking a debate on the potential implications for crypto investors.
The world of crypto is buzzing with activity. Recent projections around Bitcoin continue to capture the attention of investors and financial institutions. An analysis published by Bitfinex estimates that Bitcoin could reach $200,000 by mid-2025, a scenario fueled by massive institutional flows and ever-growing global adoption. This forecast is based on deep dynamics, particularly the enthusiasm for Bitcoin ETFs and increased institutional demand, which reinforce the crypto's position as a strategic asset. Furthermore, these anticipations are set against a backdrop where Bitcoin is undergoing major transformations, revealing a market in search of stability and maturity. Far from being limited to a simple price increase, this trajectory could redefine the fundamentals of a sector that gains legitimacy and global influence every day.
Despite a 13% drop, Chainlink attracts crypto investors. Imminent rebound or just a bet? We tell you everything in this article!
As Europe slowly becomes aware of its lag, Russian bitcoin miners are anticipating large investments from the BRICS.
In the arena of public blockchains, Deutsche Bank chooses Ethereum and ZKsync for its innovative response to compliance challenges, a test that could disrupt the standards of global finance.
The crypto universe is an arena where each asset fights for its place at the top. Recently, Solana (SOL), often hailed as a serious contender against Bitcoin (BTC) and Ethereum (ETH), has shown signs of weakness. But what lies behind this dynamic? Analyzing on-chain data, particularly those shared by Glassnode, offers unexpected answers.
The altcoin season index, which measures the performance of major crypto assets against Bitcoin, is showing troubling signs. With a recent drop in this index and a return of Bitcoin's dominance, analysts anticipate a period of turmoil for altcoins.
A crypto storm is blowing over Ripple: RLUSD is surging, XRP is in a frenzy, and traders are reaping a dazzling and dizzying bounty under a sky of uncertainties.
An Ohio lawmaker, Derek Merrin, proposes a pioneering law to create a strategic reserve of bitcoins within the State Treasury. In the face of the dollar's devaluation and the rise of bitcoin, this initiative marks a turning point in the institutional adoption of crypto in the United States.
The global economic landscape is at a critical phase. Every decision by the Federal Reserve (Fed) becomes a key signal, closely monitored by investors and financial analysts. In this context, the imminent announcement of a new interest rate cut sparks keen interest. As inflation, once rampant, begins to return to more controlled levels, the Fed is considering reducing its benchmark rate once again, this time to a range of 4.25% to 4.5%. This measure, which is part of an economic stabilization strategy, leaves no market indifferent. For cryptocurrencies, this announcement fuels both hope for a more favorable monetary environment and fear of increased instability. As Bitcoin and Ethereum already face significant declines, investors question the prospects ahead.
December is shaping up to be a pivotal month for the crypto market, particularly for altcoins, which may experience significant movements. As important U.S. economic decisions approach, investors are closely monitoring macroeconomic and on-chain indicators to anticipate upcoming trends.
In December 2024, a significant event shook the investment world: Bitcoin exchange-traded funds (ETF) surpassed gold ETF in terms of assets under management (AUM) in the United States. This achievement is all the more impressive given that Bitcoin ETF were only launched in January 2024, while gold ETF have been around for over two decades.
The crypto market is going through a period of strong turbulence, where price fluctuations are testing investors' confidence. Indeed, at the heart of this uncertain dynamic, Solana (SOL) stands out as one of the most watched assets. Currently, a major reorganization has taken place in the structure of its holders, revealing a significant transfer of tokens from long-term old investors to new entrants. According to on-chain data, this redistribution reflects profit-taking by historical investors, marking the end of a previous bullish cycle. In parallel, a new generation of investors shows marked optimism, betting on Solana's potential to rebound despite a volatile context. This transition reflects divergent perspectives for the future of the project: on one hand, a renewed confidence driven by newcomers; on the other, increased caution fueled by technical challenges and upcoming uncertainties.
Bybit, the crypto exchange platform, announces the cessation of its withdrawal and custody services for French users starting January 8, 2025. This decision comes as regulatory pressures intensify in the country.
Europe, always trailing Washington, should soon align itself by lifting the curse on bitcoin.
Since its collapse in 2014, the ghost of Mt. Gox continues to linger over the cryptocurrency market. Every movement of its Bitcoins raises questions and speculations, awakening old demons in investors. The latest episode: the transfer of 1,620 BTC valued at 172 million dollars, shortly after a new record for Bitcoin around 107,000 dollars. This is enough to stir the markets without shaking their stability.
In the ocean of cryptos, Ethereum dances. Whales are gorging themselves at 57%, and the song of analysts heralds a triumphant rise. Dark game or masterful bet?
The second edition of the global Web3 survey, conducted by Consensys and YouGov, reveals a growing adoption of crypto and Web3, with marked trends in emerging markets. The study also explores perceptions about blockchain, decentralization, and current challenges such as AI.
The bankruptcy of FTX has been a real earthquake in the history of the cryptosphere. It has deeply shaken investor confidence and revealed significant structural flaws within the industry. Nearly two years after its collapse in November 2022, the bankrupt exchange is back in the spotlight with an ambitious reorganization plan, recently validated by the American judiciary. This plan includes an unprecedented repayment to creditors, which will begin on January 3, 2025, with a promise of restitution of up to 118% of the declared debts. To orchestrate this operation, FTX relies on well-known players in the sector. Kraken, experienced in such procedures after having played a key role in managing the Mt. Gox case, and BitGo, an expert in secure crypto custody, have been chosen to handle the repayments. Their involvement offers both security and transparency, two essential values to regain the trust of the creditors and ease the persistent tensions.
Ripple recently announced the official launch of its stablecoin RLUSD, scheduled for this Tuesday, December 17, 2014. This news has generated great enthusiasm in the crypto community, with optimistic forecasts for the price of XRP. Is a new ATH on the way?
The sector of crypto related to artificial intelligence is experiencing rapid growth in 2024. After a chaotic period marked by high volatility and geopolitical challenges such as U.S. restrictions on AI chip exports to China, the market has regained new momentum. This spectacular recovery has resulted in a 208% growth over the year, propelling the total market capitalization of the sector to $61.5 billion. Several dynamics are at play behind this remarkable rebound. On one hand, the increasing adoption of blockchain solutions powered by artificial intelligence has bolstered the credibility of these technologies. On the other hand, the heightened demand for utility tokens that can support expanding ecosystems in areas such as gaming, entertainment, and decentralized services has solidified this trend.
After a consolidation phase under its previous peak, Bitcoin establishes a new ATH, confirming its bullish momentum. Let's examine the prospects for BTC's evolution.
Investor exodus hits Grayscale Bitcoin Trust: 21 billion dollars evaporated in one year. The details in this article!
Bitcoin recently reached a new all-time high (ATH) of $107,600, marking a significant milestone in the evolution of cryptocurrency. This spectacular rise occurred after a landmark event in the crypto ecosystem.
Mark Longo, owner of Peanut the Squirrel, has launched an offensive against Binance, accusing the crypto platform of unauthorized use of his trademark to promote the memecoin PNUT.
The European economy is going through a period of instability where geopolitical tensions are intertwined with a significant slowdown in growth. In this uncertain context, the European Central Bank (ECB) is faced with a major challenge: to reconcile the need to contain inflation with the urgency of revitalizing a weakened economy. To address these issues, the institution led by Christine Lagarde announced a new reduction in its key interest rate, lowered by 25 basis points to 3%. This decision, the third of its kind in six months, reflects a gradual and cautious approach. However, this choice triggers criticism. While some praise the continuity of this policy, others point out a lack of boldness, and even argue that more ambitious measures would be necessary to stimulate consumption and investment.
At the brink of chaos, RLUSD emerges, a fragile crypto star. Ripple anticipates scarcity and excitement, while traders are betting insane amounts on this still uncertain promise.
MicroStrategy, a well-known company for its massive investments in bitcoin, recently made a major new acquisition. Between December 9 and 15, 2024, the company purchased 15,350 bitcoins for a total amount of 1.5 billion dollars.