The crypto market has been shaken by a wave of $96 million liquidations, triggered by the drop in the price of bitcoin to $65,000. This sudden decrease has led to the liquidation of leveraged positions for tens of thousands of traders, mainly on centralized exchanges.
The recent drop of Bitcoin below $66,000 has sparked reactions from many market players, but none has been as vocal as Michael Saylor. As the co-founder of MicroStrategy and a strong advocate for Bitcoin, Saylor took this opportunity to remind the community of the importance of a long-term strategy.
Among revolutionary announcements, technological developments, 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 challenges. Here is a summary of the most significant news from the past week concerning Bitcoin, Ethereum, Binance, Solana, and Ripple.
The new European Parliament rolls out the red carpet for cryptocurrencies.
The audacity of the President of El Salvador, Nayib Bukele, as well as his unwavering loyalty to Bitcoin, is once again demonstrated with a bold proposal: the creation of a private investment bank dedicated to Bitcoin. Two weeks after being sworn in for his second term, Bukele continues to make waves in the financial and political world by considering more extensive financial services for Bitcoin investors.
The telecom giant T-Mobile is innovating with Bitcoin mining! Thus marking a major turning point for blockchain in the digital age.
The crypto market is going through a turbulent period, casting doubt on the sustainability of the current rise. As the price of Bitcoin fluctuates, experts provide nuanced perspectives on the future of the king of cryptos and altcoins.
Bitcoin is attracting growing interest among analysts, experts, and investors. Analysts at Bernstein, particularly confident in this flagship cryptocurrency, predict a surge in its price by next year. These optimistic forecasts are based on recent events that have deeply impacted the crypto industry. With increased demand and limited supply, Bitcoin could be on the cusp of a new bullish cycle.
The IMF has published its quarterly update on central banks' foreign exchange reserves. The dollar is free-falling. Bitcoin as an alternative?
The massive sales of bitcoins by miners are causing the market to plunge, raising concerns among traders.
Bitcoin continues to make headlines. Recently, Pablo Ardoino, CEO of Tether, called Bitcoin the "only true decentralized currency," praising its uniqueness and unassailable status. With this bold statement, Ardoino highlighted what sets Bitcoin apart from other cryptos, emphasizing its immutability and the purely mathematical governance that underlies it.
In a crypto market eagerly awaiting a breakthrough, Bitvavo stands out with its insightful analysis and regular updates. Week 23 was marked by strategic anticipation from investors, expecting a decisive move for Bitcoin! The cryptocurrency maintains a promising level of $69,000, flirting with the highs of the 2021 bull market.
The cryptocurrency market is booming, attracting the attention of major investors. JPMorgan recently closely examined the source of these fund inflows. According to the largest American bank, Bitcoin ETFs are largely responsible for this massive influx of capital into the crypto market. However, this momentum could soon wane.
The forecasts for Bitcoin are becoming increasingly dark. According to recent analyses, the price of the cryptocurrency could experience a significant drop. This alarming outlook has already started to sow doubt among investors. With increased volatility and concerning market signals, the immediate future of Bitcoin remains uncertain and raises many questions.
The crypto market is bracing for potential volatility as Bitcoin and Ethereum options with a notional value of $2.06 billion are set to expire on Friday. This massive expiration could cause fluctuations in BTC and Ether prices.
The flagship Bitcoin has experienced a steep drop, dragging altcoins down with it. Massive net outflows from Bitcoin ETFs (exchange-traded funds) have only worsened the situation. So, what's exactly happening in this market?
MicroStrategy strengthens its Bitcoin portfolio after a significant $500 million fundraising!
The Fed kept its key rate unchanged, constrained by high inflation. Little impact on Bitcoin.
The world of cryptos has just reached a new milestone: the Industrial and Commercial Bank of China (ICBC), the world's largest bank in terms of assets, recently compared Bitcoin to digital gold and Ethereum to digital oil. This statement, coming from a leading financial institution, marks a significant recognition of the importance and potential of cryptocurrencies in the current global economy. By highlighting the unique qualities and distinctive roles of these two digital assets, the ICBC sheds light on their growing importance in an ever-evolving financial landscape.
The crypto universe always has surprises in store for us, and Bitcoin is no exception. Recently, the number of Bitcoin transactions has reached a record level, while paradoxically, the number of active addresses has significantly dropped. This intriguing phenomenon raises many questions: what is really happening in the world of…
Short-term Bitcoin ETF investment explodes by +50% in a few months! Here is the strategy used by investors!
The convergence of artificial intelligence (AI) and cryptocurrencies is set to disrupt the global economy. According to recent analysis by Bitwise, this synergy is poised to generate a $20 trillion increase in the global gross domestic product (GDP) by 2030. This perspective, presented by Juan Leon, lead crypto research analyst, at the Consensus conference in Austin, underscores the growing importance of this technological alliance. As the world continues to adapt to these innovations, their transformative potential is increasingly attracting the attention of experts and investors.
The Fed maintains its rate policy and announces that only one cut is expected! The future of Bitcoin is severely impacted!
The cryptocurrency market just experienced a spectacular surge this Wednesday as the price of Bitcoin once again surpassed the symbolic $69,000 mark. This rapid increase follows the release of lower-than-expected U.S. inflation data, reigniting investor optimism and fueling a wave of transactions.
Bitcoin ETFs suffer massive outflows of $200 million! What is the cause of this phenomenon? Will the market collapse?
In a context where Bitcoin continues to captivate the world, a recent statement by Donald Trump has caused quite a stir. During a rally at Mar-a-Lago, Trump met with influential figures in Bitcoin mining, expressing his fervent support and his ambition to see the United States secure the remaining available…
Cryptocurrencies are going through a tumultuous period, marked by a significant drop in prices. Bitcoin and Ethereum, the two main cryptos, are particularly affected. This decline raises questions about the future of the market and the forces at play. Let's analyze this situation in detail.
Saudi Arabia reportedly decided "not to renew its 50-year agreement on the petrodollar with the United States". Will the petro-bitcoin be next?
"The Bretton Woods system is dead," said Vladimir Putin. What if we replaced it with Bitcoin?