As we approach 2025, the crypto market is gearing up for a year of transformation. According to a recent report, several key trends are expected to influence the cryptocurrency sector in the coming months. Which ones?
When the longs break, a billion fades away. Bitcoin wavers, but dreamers still hope for their Christmas miracle.
The crypto ecosystem could enter an unprecedented transformation phase. For years, markets have followed well-established cycles dictated by the internal mechanisms of bitcoin, including the halving, which times the periods of rise and fall. Today, a large-scale political initiative is emerging, likely to disrupt these historical foundations. American Senator Cynthia Lummis has proposed the Bitcoin Reserve Act, a bill aimed at recognizing bitcoin as a strategic reserve asset for the United States. This initiative, which plans for the gradual integration of one million bitcoins into the U.S. federal reserves, is set against a backdrop of increasing economic and geopolitical rivalries. As powers like Russia and Germany also consider adopting similar strategies, this proposal raises questions. Furthermore, the implications of such an approach go beyond American borders and redefine the role of Bitcoin on the international stage, granting it an unprecedented status in the history of cryptos.
Tallin, Estonia - December 19, 2024 - Ultra is proud to announce the appointment of Adrien Moser as its new Head of Mergers and Acquisitions (M&A), effective January 1, 2025. As a member of Ultraâs executive committee, Adrien will lead the companyâs M&A strategy, driving initiatives that align with Ultraâs ambitious vision of becoming the leading consolidator in the gaming industry built on Web3 technology.
Alephium has been chosen as the benchmark blockchain to support GIGATONS' climate revolution, an ambitious project aimed at reducing global COâ emissions. This strategic partnership, announced during the Abu Dhabi Finance Week, marks a crucial step in the fight against climate change.
El Salvador buys 11 Bitcoin after a $1.4 billion loan from the IMF. A daring strategy despite restrictions. Details here!
The crypto market has been marked by a historic event: Bitcoin exchange-traded funds (ETFs) recorded a net outflow of $671.9 million in a single day. This event represents the largest fund outflow ever recorded for these financial instruments, highlighting a complex and changing dynamic in the cryptocurrency investment landscape.
The United States surprises with economic performance well beyond expectations for the third quarter. According to data from the Department of Commerce, the gross domestic product (GDP) grew by 3.1%, compared to an initial estimate of 2.8%. This result exceeds observers' forecasts and reflects a dynamic economy, driven by strong consumer spending and an improvement in exports. While many regions of the world struggle to maintain their economic momentum, as evidenced by the limited growth forecast of 0.7% for the Eurozone in 2024, this progress indicates the resilience of the American economy in the face of global uncertainties. These figures also highlight the impact of recent monetary decisions by the Federal Reserve, which has fostered a conducive environment for growth through adjustments to interest rates.
The world of cryptocurrencies is in turmoil as mentions of "Buy the Dip" on social media reach their highest level in eight months. According to recent data, this trend was observed after the price of BTC fell below the psychological threshold of $100,000 on December 19, 2024. However, is a new ATH of $118,000 before 2025 feasible?
The crypto market continues to show signs of growth and adoption, particularly with the significant increase in demand for stablecoins on Ethereum's layer 2 networks. According to a recent report, Ethereum's layer 2 networks now hold over 13.5 billion dollars in stablecoins, a new historical record.