Archive August 2024

The summer of 2024 marks a significant slowdown for Ethereum, the second-largest cryptocurrency in the world. Recent data reveals a substantial decrease in trading volume and the number of transactions on its network during the month of August.

After bouncing back, Bitcoin went through a consolidation phase before recently surpassing its last peak. Let's analyze together the future prospects of BTC's price.

Binance caught in the act of freezing. This time, the Palestinians bear the brunt, Israel at the wheel.

Canada has just added fuel to the fire. The announcement of a 100% customs tariff on electric vehicles (EVs) imported from China, including Tesla models made in Shanghai, by Prime Minister Justin Trudeau is a decisive step in the trade policy of his country. This decision comes amid rising tensions between the world's major economic powers, where each new tariff measure risks causing major upheavals in financial markets and further complicating diplomatic relations.

Another setback for the Bitcoin mining industry. Rhodium Enterprises has just declared bankruptcy in Texas, revealing debts that could reach 100 million dollars. This announcement comes at a difficult time for miners, amid falling prices and rising energy costs.

The announcement of Palestine's intention to join the BRICS is a significant step in international relations in the Middle East. This Palestinian initiative adds a new dynamic to global economic and political alliances. Palestine's potential participation in this influential group represents a search for new economic partners. It is also a bold attempt to reposition itself on the global chessboard.

Bitcoin has just suffered a swift setback, causing a ripple effect in the markets. In just a few hours, the price of BTC plummeted by 5%, triggering a cascade of liquidations. This correction swept away more than 192 million dollars in long positions.

Toncoin drops by 27% following the arrest of Pavel Durov. Let’s examine the future prospects for the TON price.