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We are once again witnessing a surprising week in the cryptocurrency market. After several days of decline, Bitcoin seemed to lose the important support of €25,000 ($30,000) on the afternoon of June 22. But that was without counting on the reaction of buyers who...
Banks and Institutions China continues to regulate cryptos The People's Bank of China has ordered several domestic banks and mobile payment providers to cut off the accounts of companies selling crypto assets. Several Chinese provinces have cut power to mining farms...
The situation is easing in the cryptocurrency market. Bitcoin has been rebounding nicely over the past week, rising nearly 20% in seven days to trade around €33,200 ($40,000) on June 16. However, we will see in the detailed technical analysis that the price has...
Banks and Institutions Eric Woerth wants to tax-free cryptocurrencies under certain conditions Chairman of the Finance Committee, Eric Woerth wants to defund capital gains on cryptocurrencies if they are reinvested "in the real economy or the cultural field", like...
A wind of panic blew again at the beginning of the week on the cryptocurrency market. Negative news stories have multiplied, contributing to undermining investor sentiment. Yet Bitcoin remains in its range between €24,500 and €32,7000 ($30,000 and $40,000) and is...
Banks and Institutions El Salvador's president wants to make Bitcoin a legal tender The president of El Salvador has announced plans to submit a law to parliament to grant Bitcoin legal tender status in his country. Among the various reasons, Nayib Bukele wants to...
A major Ripple investor files a lawsuit against them Tetragon, the lead investor in Ripple's Series C, is filing a complaint against the company.The complaint follows recent actions by the SEC, the U.S. regulator, which accuses Ripple of selling financial securities...
After the purge of May, the last few days are plunging the cryptocurrency market into a very indecisive situation. Bitcoin is down about 3% in a week to around €30,500 ($37,000) on June 2. What to remember: Bitcoin's price has actually been hovering between €24,500...
Banks and Institutions The European Commission accelerates The European Commission is speeding up its digital wallet project for European Union citizens. It would be doubled with an electronic identity and would allow, in addition to payment means, to store digital...
What a week on the cryptocurrency market! Once again, everyone was surprised by the sudden drop, which came to put a chill on the euphoria that had been prevailing on the market for weeks. Over the course of a week, Bitcoin has dropped only 6.5% to trade around...
Banks and Institutions The Ministry of the Interior produces a white paper on Blockchain The Ministry of the Interior in France produces a white paper "Blockchain technology, a revolution for identification." The paper focuses on the benefits of using this technology...
It's a surprising situation that seems to be taking shape in the cryptocurrency market. While Bitcoin's price has been undergoing a new drop for the past week, some altcoins are doing much better. Bitcoin is indeed experiencing one of the biggest declines in the top...
Banks and Institutions Elon Musk multiplies contradictions on Bitcoin Elon Musk is multiplying the contradictions on Bitcoin. Indeed, after Tesla announced on May 13 that it would no longer sell vehicles in exchange for Bitcoin, citing environmental concerns, the...
The "altcoin season" has never been more appropriately named! In this month of May 2021, many cryptocurrencies are performing impressively and it is not uncommon to see +200 or +300% in a single week. On Bitcoin on the other hand, the numbers are much more modest. The...
Banks and Institutions ICBC launches its digital yuan services Industrial and Commercial Bank of China, one of the world's largest banks in terms of funds under management, is launching its digital yuan services. Users now have the ability to deposit and withdraw...
The trend seen over the past month in the cryptocurrency market continues. While Bitcoin is hovering between €41,000 and €50,000 ($50,000 and $60,000), altcoins are performing better overall. Bitcoin is stable at +1% on the week and is still trading around €46,000...
Banks and Institutions 100 million bonds issued on Ethereum The European Investment Bank, a public body under the ECB, is issuing 100 million bonds on the Ethereum blockchain. Société Générale, Goldman Sachs, and Banco Santander will oversee the issue, which matures...
The price of Bitcoin is down slightly by 2% on a week. The asset is trading around €46,000 ($55,000) on April 28. But the focus this week is not so much on this correction, which is not so important at the moment. One fact is attracting more attention: Bitcoin's share...
Banks / Institutions Turkey bans cryptocurrencies for any means of payment A new law in Turkey goes into effect as of April 30. The law bans the use of cryptocurrencies for any payment of goods and services. Two crypto asset sales sites have already gone bankrupt,...
The price of Bitcoin is down 13% on a week. The asset is trading at around €46,000 ($55,000) on April 21. The main reason for the drop was a major power outage in China that affected Bitcoin mining, and rumors of tougher...
Banks / Institutions China now optimistic about Bitcoin, towards a new price surge? China is changing its tune on Bitcoin. While the authorities had always been suspicious, even hostile towards the market, a governor of the Chinese central bank says that Bitcoin is an...