Bitcoin (BTC)

Bitcoin initiated yet another leg up in the past 24 hours, resulting in nearing $28,000 for the first time since June 2022. The altcoins are also well in the green, with ETH reclaiming $1,800, while SOL, UNI, AVAX, and ETC have skyrocketed by up to 14%. BTC Taps Yet Another 9-Month High The US banking crisis, which later expanded to Europe as well, harmed bitcoin’s price performance at the end of last week as the asset tumbled below $20,000 for the first time in two months....

Larry Fink, chief executive officer of the world’s largest asset management company BlackRock, believes tokenizing asset classes such as stocks and bonds could foster efficiency in capital markets and improve investor access. The CEO noted in his latest annual letter to investors that BlackRock is currently exploring the digital asset industry and would continue to do so, especially in areas related to permissioned blockchains and tokenization of stocks and bonds. BlackRock...

Fidelity Investments, multinationale spécialisée dans la gestion d’actifs pour compte de tiers, permet désormais à tous ses clients américains d »acheter du bitcoin ou de l’ether à partir de 1$ via sa plateforme Fidelity Crypto. L’offre, qui existe depuis plusieurs mois, était jusqu’à hier réservée à quelques clients privilégiés. Notons qu’il ne s’agit pour l’instant que de s’exposer au Bitcoin,...

Markets are starting to price in an incoming Fed pivot as bank instability forces central banks to protect the financial system.Analysis from CryptoQuant analyst Cristian Palusi suggests that the liquidity crises now plaguing commercial banks may be a “long-awaited buy signal” for Bitcoin.  Banks Down, Bitcoin Up In a post published on Thursday, Palusci noted that the implied federal funds’ policy rates have severely shortened their time frame for when they think the central...

BitMEX co-founder and crypto-essayist Arthur Hayes published a lengthy blog post on Thursday breaking down the Federal Reserve’s new program to protect the banking system – and what it means for Bitcoin.  The initiative titled the “Bank Term Funding Program” is regarded by Hayes as a “repackaged” form of Yield Curve Control (YCC) that will trigger another bull market for Bitcoin.  QE Infinity Hayes began by reviewing the macroeconomic backdrop since 2020, from the period of...

La seconde édition du rassemblement BTCAzores 2023 se déroulera les 23 et 24 septembre 2023 à Angra do Heroísmo, ville située sur la côte sud de l’île de Terceira, dans l’archipel des Açores. Il ne s’agit pas d’une conférence, mais d’une série d’ateliers et de discussions horizontales autour de thématiques techniques. L’évènement s’adresse à tous les experts de Bitcoin et en particulier à tous...

Twitter’s owner and one of the wealthiest people on the planet – Elon Musk – dropped a sarcastic tweet regarding Jim Cramer’s recent market predictions.  The host of CNBC’s financial TV show – “Mad Money” – has given guidance to investors numerous times, but often that advice has turned wrong. A few days ago, he argued that people should use the recent crypto price rally as an opportunity to sell their stash. However, the market kept its uptrend, with bitcoin tapping a new...

Ryan Selkis – CEO of the crypto intelligence firm Messari – believes there will be more negative events in the financial world in the near future, including bank crashes. He sees bitcoin acting as “a life raft and peaceful exit option” amid the calamity, predicting its price could soar to $100,000 in the next twelve months. What Does the Future Hold? In a recent tweet, Selkis shared his vision regarding the future condition of the financial world and how those possible...

The bitcoin-loving nation of El Salvador has announced a new partnership with the state of Texas. Together, the two regions are planning to open what they’re calling a “bitcoin embassy” as a means of promoting use and increasing adoption. El Salvador Forms BTC Partnership with Texas El Salvador shocked the world in late 2021 when it announced plans to make BTC legal tender. It was the first country to do so. This meant people could go into any shop or business and...

Things change fast in the cryptocurrency industry. In the span of seven days, the market shifted completely, with the sentiment escaping the fear zone. The total capitalization also soared, adding a whopping $165 billion in the process. But what happened? Well, let’s dive in. First things first, it’s important to note that BTC’s price is currently trading above $26K, reaching highs last seen nine months ago in June 2022. This marks a 30% increase, and it comes on the back of...