Bitcoin (BTC)

Bitcoin dumped once more yesterday to a new monthly low of under $40,500, but it reacted well and dumped above $42,000 hours later. The altcoins continue to be quite sluggish, with little to no movements, aside from LINK, which has jumped by around 5%. BTC’s Declines The primary cryptocurrency had two completely different weeks. Last week, it soared past $49,000 on the day that 11 spot BTC ETFs reached the US markets and dumped by more than three grand later. The landscape...

TL;DR Robert Kiyosaki, Fundstrat’s Tom Lee, and “PlanB” laid out optimistic predictions for Bitcoin’s future price. Contrasting views come from analysts like Philakone and Crypto Rover, who foresee a possible short-term correction, and Peter Schiff, who anticipates regulatory challenges impacting BTC’s value. Kiyosaki’s Forecast There was a significant uptick in Bitcoin’s price in the first several days of 2024, with a peak of approximately $49,000 reached a day after the US...

La cour des comptes a publié aujourd’hui un rapport de 88 pages intitulé « Les crypto-actifs : une régulation à renforcer » « Les crypto-actifs sont des représentations numériques de valeurs ou de droits échangées sur des registres d’informations partagées : les chaînes de blocs. Celles-ci permettent d’effectuer des transactions sans recourir à des tiers de confiance. Depuis la création du...

In a recent discussion with CNBC, Grayscale’s CEO, Michael Sonnenshein, shed light on the company’s decision to offer the highest fee among the 11 issuers of spot Bitcoin ETFs in the United States. Amid this 1.5% fee, Grayscale’s newly converted spot Bitcoin ETF has attracted the most substantial trading volumes compared to other issuers. Sonnenshein shared the rationale behind Grayscale’s decision to maintain the highest fees and emphasized the significant market share the...

Following its initial hostile outlook on the spot Bitcoin exchange-traded fund (ETF), the South Korean government may be giving a second thought to its stance on the financial product. This movement is driven by comments from Sung Tae-yoon, the recently appointed South Korean Presidential Chief of Staff, and an analysis from the Industrial Bank of Korea (IBK). S. Korea to Rethink ETF Stance? Since 2017, the South Korean government has maintained a somewhat unfriendly stance...

The cryptocurrency market seems to have been cooling off throughout the past seven days, decreasing to its current capitalization of $1.69 trillion. This comes a week after the United States Securities and Exchange Commission approved a spot Bitcoin ETF. Undoubtedly, the above has been on everyone’s mind for the last few months. Now that the approval is finally here, the market is cooling down. Somewhat expectedly, the ETF didn’t attract hundreds of billions of inflows. In...

Dans une interview réalisé par The Big Whale, Mark Karpelès évoque son projet d’agence de notation dédiée aux plateformes d’échange de cryptomonnaies. Ungox est actuellement enregistré aux États-Unis dans le Delaware, mais il souhaite déménager le siège en France. L’ex CEO de MtGox revient également sur ses mésaventures au Japon, la liquidation de sa plateforme et l’enquête qui a mené à...

Ripple’s price action against both USDT and BTC has been bearish for the last few months. Analyzing the charts might provide clues on the potential direction of the market in the short term. Technical Analysis By TradingRage Ripple Price Analysis: The USDT Paired Chart Against USDT, XRP has been on the decline since getting rejected from the resistance $0.7 level. The price has been trapped inside a descending channel, failing to break it to the upside on multiple occasions....

Der Kampf gegen Geldwäsche und Terrorfinanzierung treibt Aufsichtsbehörden seit Jahren um. Brüssel ist sich der Bedeutung der Rolle von Banken beim Kampf gegen Finanzkriminalität bewusst und versucht seit Jahren mit strengeren Vorgaben den Kampf der Finanzwelt gegen Geldwäsche zu forcieren.Europas Banken haben bereits kräftig aufgerüstet. Bis dato eher weniger im regulatorischen Fokus – doch oft unter Verdacht – war die Kryptobranche. Ein Zustand,...

Bitcoin cash price started a fresh decline from the $300 zone against the US Dollar. The price is now trading below the $255 zone and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $255 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $255 resistance zone. Bitcoin cash price is struggling below the $250 zone against the US Dollar,...