Finance News

At the seventh edition of the Choose France summit, France reached a decisive milestone by attracting foreign investments amounting to 15 billion euros, a historic record. This event, held at the Palace of Versailles on May 13, 2024, highlights a major geopolitical shift: while American companies now dominate investment flows, China, once a key player, is gradually stepping back. This dynamic not only reflects a global strategic shift but also the increasing attractiveness of France as a hub for innovation and economic growth.

Between revolutionary announcements, technological advancements, and regulatory turbulence, the crypto ecosystem continues to prove that it is both a territory of limitless innovations and a battlefield of regulatory and economic struggles. Here is a summary of the most notable news from the past week surrounding Bitcoin, Ethereum, Binance, Solana, etc.

Stock indices have been gradually accumulating new highs since the beginning of the year. The resilience of the US economy has helped restore a certain confidence to investors. In fact, there's a feeling of déjà vu with regard to riskier stocks, especially with the influx of more liquidity. We will look together at the factors that could influence the return of risk assets.

As the trend remains bullish with a consensus target of $100,000, has Bitcoin exhausted its bullish potential faster than normal?

Several countries, including China, are working to reduce their dependence on the dollar by promoting the use of their own currencies in international transactions. However, despite the ambitious attempts at monetary diversification undertaken by this BRICS member, some experts remain skeptical about their success. According to their analyses, the dollar will withstand external pressures and retain its supremacy over the Chinese currency.

Bitcoin is gaining more and more favor among institutional investors. Major names in the global finance industry are beginning to adapt their strategies to include the queen of cryptos. The Chicago Mercantile Exchange (CME), a global leader in futures exchanges, is also considering entering the bitcoin spot trading market. An initiative that could have profound repercussions for the crypto market.

The value of the altcoin market has surpassed the impressive milestone of $276 billion, driven by Bitcoin's rise beyond $66,000. Faced with this surge, investors are turning to altcoins, hoping to capitalize on potential gains. However, CryptoBullet, a renowned crypto analyst, advises caution. He warns against blind investments in altcoins despite the prevailing euphoria. He points out that the market, while on the rise, is not immune to potential corrections. According to him, altcoins stuck between Fibonacci levels of 0.382 and 0.236 may struggle to surpass their 2021 historical highs.

China is accelerating its de-dollarization with record sales of US Treasury bonds. The world will soon need a new reserve currency: Bitcoin.

We finally know who the early investors are in Bitcoin ETFs. There are some big names.

Not approved in France, BYBIT faces legal action. The AMF urges investors to be cautious and to withdraw.

The key indices of Wall Street, the S&P 500 and the Nasdaq Composite, reached new highs this Wednesday, galvanized by a reassuring report on US inflation. The Cac 40, on the other hand, failed to join the general euphoria, falling just short of equaling its record.

Switzerland and its well-tuned watches: from now on, cryptocurrencies will tick-tock with the tax authorities!

Cryptocurrency and asset tokenization are becoming increasingly central. Recently, a crucial milestone was reached with the success of the first live test of Mastercard’s Multi-Token Network (MTN), conducted in collaboration with Standard Chartered Bank Hong Kong (SCBHK). This trial, carried out within the regulated environment of the Hong Kong Monetary…

XRP has been in a sideways phase since July 2023. Let's examine together the future prospects for XRP.

Telega.io, known for pioneering Telegram advertising solutions, is thrilled to share a big update to our payment choices. Starting May 16, immediately after its public unveiling, Telega.io will pioneer the integration of Notcoin as a method of payment, marking a groundbreaking move in the world of Telegram influencer marketing. This development aims to enhance the flexibility and accessibility of digital marketing campaigns on Telegram.

The IMF admits that geopolitical tensions bode ill for the dollar. The BRICS want to cut ties. Why not adopt Bitcoin?

Plot twist. The new CEO of giant investment fund Vanguard is pro bitcoin.

Blockchain technology is revolutionizing various industries, including finance, healthcare, supply chain, and many others. Its decentralized nature and security features are driving the adoption of blockchain solutions across the globe.

The Bitcoin market is in turmoil as Jerome Powell, chairman of the Federal Reserve, prepares to deliver a highly anticipated speech. Despite the surrounding uncertainty, traders remain optimistic and see the price of BTC surpassing the symbolic $65,000 mark.

Tiff Macklem warns of systemic stress and risks of a "brutal correction" in financial markets.

El Salvador strengthens its transparency with a website dedicated to its Bitcoin Treasury. All the details are provided in this article.

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One of the basic tenets of MMT is that the government has no budget constraint. Yet this dangerous theory has colonized the highest echelons of government.

Microsoft, a global leader in the technology sector, announces a 4 billion euros investment to develop its cloud and artificial intelligence infrastructures in France. This financial commitment, the largest of the company to date in the country, was revealed during the Choose France summit. It aims to accelerate the adoption of AI and strengthen the competitiveness of the French digital ecosystem.

The company Metaplanet will implement the same Bitcoin strategy adopted by Microstrategy, Michael Saylor's firm.

The Entangle protocol has set out to reshape the architecture of decentralized financial technologies. Its ambitious goal of connecting liquidity across different chains in the crypto ecosystem is now coming to fruition with the launch of its mainnet. An event that will finally allow users to benefit from its various products.

Between revolutionary announcements, technological advancements, and regulatory turbulence, the crypto ecosystem continues to prove that it is both a territory of limitless innovations and a battleground of regulatory and economic challenges. Here is a summary of the most notable news from the past week around Bitcoin, Ethereum, Binance, Solana, etc.

The fiat system is a Ponzi scheme that requires impossible growth in physical flows. We are headed towards an inflation as painful as it is conducive to Bitcoin.