Latest Crypto News. Find out about the latest happenings and highlights in the world of crypto. What you need to know in minutes.
Latest crypto news. Not forgetting blockchain and the world of DeFi in general. What to remember in a few lines.
What is the #LightningNetwork? Short definition The Lightning Network is a Layer 2 protocol for #Bitcoin, specially designed for private, fast and cheap payments. As an overlay network made up of payment channels, Lightning payments are not recorded on the Bitcoin… pic.twitter.com/bJhXqNoGdK
— DeFi News (@definews_777) September 8, 2023
Latest crypto news with:
Coinbase may acquire FTX’s European business
This is a good move for Coinbase, which has been considering expansion in Europe for some time. This would give it a good base from which to develop its business in Europe.
An article published in the online magazine Fortune reveals that the crypto-currency exchange platform Coinbase Inc (Nasdaq: COIN), has considered the hypothesis of getting its hands on FTX’s European branch in order to satisfy its ambitions of international development for its derivatives activities.
FTX’s European branch was put up for sale after the parent company declared bankruptcy last November. The acquisition of this company would have enabled Coinbase to get its hands on FTX’s European license for derivative activities, an activity considered highly profitable with a growing customer base. A case to follow and a lesson to learn if you’re in the trading business, indeed it’s important to consider the advantages of decentralized trading in order to remain in possession of your assets, because who’s to say that in the future, a case like FTX couldn’t happen again? In any case, when you stay in possession of your money as you would on a decentralized trading platform, you’re safe from this kind of mishap.
Latest crypto news with ETH:
The situation on Ethereum is critical: according to a recent report by JPMorgan, the much-anticipated Ethereum update, named “Shanghai”, has not generated the hoped-for effervescence on the network. In fact, transactions, active addresses and the total value locked onto the blockchain have been declining since April.
Despite the introduction of several major evolutions since the Merge, Ethereum is failing to meet all expectations, generating questions about the future of Ether, its flagship token, particularly in light of the impacts observed on its activity.
This is having an impact on the price, and some are already seeing it return to the $1,000 zone. Here’s the daily chart. The moving averages are clearly selling, and in the right order for a nice descent, you’ll find the 200 in black, the 50 in red and the 20 in green. We need the $1,500 level to hold, because below it there’s still the $1,400 zone, and then we could quickly move towards $1,200.
BTC under the influence of FED decisions
For the time being, the FED has decided not to raise rates. However, FED Chairman J. Powell’s speech shows that they are leaving themselves open to the possibility of raising rates if necessary. A speech which shows that the FED still has its eye on inflation. During the speech, the Bitcoin price fell, but the buyers showed up, and the price continues to hover around the $27,000 mark, but we feel that the price is looking towards $26,000, this remains to be confirmed.
For the moment, the $27,300 wall is rejecting the Bitcoin price. Also, buyers seem to be defending the support level around $26,700. To find out more about the price zones to watch, click here: decentralized trading Bitcoin
Visa a fait son choix, ce sera Solana !
Visa a choisi cette blockchain cette pour son propre développement. Il s’agit d’un choix stratégique important pour l’avenir de Visa.
On est au cœur des transformations qui vont participer à la modernisation des systèmes de paiement à travers le monde, avec des grandes banques, des gestionnaires d’actifs ou encore des spécialistes du paiement. Et tous, que font-ils ou que devront-il faire prochainement ? Choisir leur blockchain. Et très clairement pour Visa, c’est la blockchain Solana qui a de l’avenir.
Un choix qui n’est pas dû au hasard :
Visa rappelle que la blockchain Solana est capable en moyenne de traiter de 400 transactions cryptos à la seconde, avec des pics pouvant aller jusqu’à 2000 transactions par seconde en cas de forte demande. Des transactions qui se réalisent en 500 ou 600 millisecondes. Il s’agit d’une puissance de traitement imparable. Cela combinée à des coûts exécution parmi les plus faibles du marché, soit de 0,001 centime de dollars tout au plus par transaction.
yPredict, le trading des cryptos assisté par IA
Si vous suivez l’actualité de la DeFi, alors voici une plateforme d’analyse qui offre de nombreuses fonctionnalités permettant de mieux acheter, trader et revendre ses cryptos que vous devriez connaître. Ce nouvel écosystème s’adresse aussi bien aux développeurs, traders, quants (analystes quantitatifs) ainsi qu’aux analystes financiers. Son objectif est clair, fournir des signaux de trading basés sur des modèles prédictifs, des analyses de sentiment et des données de marché.
yPredict exploite l’intelligence artificielle pour analyser les transactions financières. Si vous faites du trading décentralisé, trading de cryptos, cette plateforme pourrait vous intéresser car elle offre des signaux de trading, des analyses de marché ainsi que d’autres fonctionnalités utiles pour les traders.
Bitcoin, la baisse actuelle fera-t-elle de vous un millionnaire ?
Le trading est contre intuitif, acheter quand le prix est déjà bien monté et que tout le monde achète est le pire moment pour passer un ordre. Par contre, acheter quand tout le monde vend et que le prix a déjà beaucoup perdu, cela demande d’y croire, et c’est contre intuitif, alors cette nouvelle baisse du Bitcoin est-elle une opportunité pour vous afin d’acheter ou au contraire – vous n’aimez pas les soldes et préférez attendre… 🙂
Le prix peut encore baisser, voir l’analyse technique, mais ce qui est sûr, c’est que certains attendaient depuis longtemps de pouvoir racheter à un tel prix, car c’est peut-être la dernière fois que le Bitcoin sera dans cette zone – à vous d’évaluer. Découvrez le trading du Bitcoin et l’analyse technique afin mieux évaluer les meilleurs points d’entrée.
Binance, as attacks multiply, will the platform survive?
Despite Binance’s efforts to comply with regulations in various countries, it seems that this is not enough. It was the US financial regulator, at least last June, that set the cat among the pigeons. On June 6 to be exact, the US regulator announced the freezing of the assets of Binance.US, the US branch of Binance. The regulator accuses the exchange of having redirected its customers’ funds to personal crypto addresses, in the manner of FTX in its day. Finally, after several weeks of negotiations, the SEC and Binance reached an out-of-court settlement. To avoid a freeze on the platform’s assets, CZ relinquished its administrative access to Binance.US. What about outside the USA? It’s not much better: for example, the Paris public prosecutor’s office has launched a preliminary investigation into the exchange. And the charges are serious: “On the one hand, on the facts of illegal exercise of the function of service provider on digital assets (PSAN), and on the other hand, on the facts of aggravated money laundering.”
Binance is not short of resources, but the attacks and accusations are very serious, and few groups can really survive such attacks unless they are totally or largely laundered. I could go on to cite numerous examples in Europe, as well as the financial intermediaries who are severing their links with the group one after the other. This means that if you have money with them, it’s best to be aware of their situation and spread the risk according to your financial capabilities.
This means that if you’re trading, staking or doing any other activity on this platform, it should only represent a small part of your invested money, so it’s best to start preventing any sudden drop in the platform.
What is the Bitcoin Spot ETF and what is its purpose?
Everyone’s talking about the widespread adoption of cryptocurrencies, but it’s still complicated to invest in crypto-assets. As long as this remains the case, it will considerably slow down the widespread adoption of crypto-currencies. To buy Bitcoin or ether, you have to go to exchange platforms or manage your own digital wallets. More than ten years after bitcoin’s creation, it’s still far too complicated.
The solution: the Bitcoin ETF, the easiest way to invest in crypto-currencies, which is already possible in the UK, for example with Jacobi Asset Management.
What is an ETF?
An ETF is an investment product that replicates the performance of a stock or a basket of stocks. Today, ETFs are used by tens of millions of people on traditional markets. There are ETFs for every type of company and sector, so why not for cryptocurrencies.
A “Spot” Bitcoin ETF is based on real bitcoins. For every dollar or euro invested in a Bitcoin Spot ETF, you have the equivalent in bitcoin held in reserve. In the case of our Bitcoin Spot ETF, the American company Fidelity is in charge of custody.
Futures ETFs are more complex products, since they do not involve the holding of bitcoins. Players offering this type of ETF invest in bitcoin futures contracts, but no bitcoin is involved in the transactions.
Today, Europe is well positioned, but the arrival of ETFs, especially Spot, could change many things in the global landscape. In the USA, not a day goes by when we don’t hear about BlackRock’s application to the SEC to validate its ETF. We can see that this is the next big step in the crypto world, the acceptance of ETFs to popularize crypto investing.
Comment la SEC pourrait-elle refuser encore bien longtemps un ETF Bitcoin au comptant ?
Dans le cadre de l’actualité de la DeFi et de la crypto, on ne peut pas passer à côté des propos de Jay Clayton, ancien président de la Securities and Exchange Commission ( SEC ) des États-Unis. En effet, ces propos montrent à quel point l’écosystème de la crypto et donc de la DeFi pourrait évaluer en fonction d’une décision très attendue de la SEC, mais pour le moment, maintes fois repoussée. Pour c’est clair, on peut être optimiste, même très optimiste quant à l’approbation potentielle du premier Bitcoin Exchange-Traded Fund (ETF) aux États-Unis.
Jay Clayton, , a exprimé un haut degré d’optimisme Les perspectives de Clayton s’appuient sur plusieurs facteurs clés qui façonnent le paysage du marché. L’ancien président de la SEC a exprimé sa ferme conviction que l’approbation d’un ETF au comptant est pratiquement certaine, compte tenu des circonstances actuelles. Cette confiance vient du fait que les grandes institutions financières telles que BlackRock, Fidelity et Ark Invest ont développé un niveau élevé de confiance dans le trading au comptant dans le domaine des actifs de crypto-monnaie. Clayton a souligné que ces sociétés ont effectivement dissipé les inquiétudes concernant les pratiques manipulatrices dans le trading de crypto-monnaies. Une affaire à suivre de prêt.
The crypto that could quickly become interesting, currently still on presale:
Wall Street Memes
Wall Street Memes has been on trend for several months now. This is likely to continue into September. Indeed, the project continues to make great strides. If you’re interested in the world of crypto-currencies, you’ll certainly be familiar with the name.
The Wall Street Memes pre-sale
The presale phase of the WSM token is proceeding impressively smoothly. It’s shattered all records, raising over $25 million. Since it’s still going strong, it could go much further.
It even received the backing of a major investor, who made a purchase of almost a million dollars. This has undoubtedly further boosted the progress of this phase. Wall Street Memes presents the long-awaited token of a vibrant community followed and engaged, even by Elon Musk. You can discover and follow it to stay informed.
Will Nexo’s Mastercard replace Binance’s card?
Spending cryptos on everyday payments obviously favors the mass integration of cryptos. That’s why the slow demise of Binance’s services was a bad omen. However, new services are emerging, such as the one offered by Nexo in association with Mastercard, which will enable users to use their card at all. merchants accepting it.
This advance, far from being a mere gadget in the crypto sphere, responds to a crucial issue. Indeed, crypto aficionados often face obstacles when trying to integrate their digital currency into a still largely traditional financial system.
Thanks to Dual Mode, switching between debit and credit functions becomes child’s play. With just a few clicks on the Nexo app, users can choose the payment method that suits them best, whether in EUR, USD or GBP.
But where Nexo surpasses expectations is in offering its users exceptional advantages in the crypto world. Imagine a card accepted by over 100 million merchants worldwide, with no exorbitant transaction fees. What’s more, it offers up to 9% annual interest on crypto balances. A case to follow…
Will the SEC’s relentless assault on the crypto world backfire?
With its overzealous persecution of the crypto world, sometimes for no good reason, the SEC could well make a fool of itself and lose what little credit it has left.
Grayscale has just won its case against the SEC and this is more than good news for the crypto world with consequences that will be important in the future.
Who said the USDC was dead?
USDC launched on 6 new blockchains including Base, Polkadot and Cosmos. This stablecoin, which was already present on Ethereum, Avalanche, Algorand, Stellar, Tron, Flow Hedera and Solana, will now be available on 6 additional blockchains. The aim will be to reinvigorate the asset and drive further adoption at the expense of USDT. The 2nd-ranked stablecoin should therefore arrive on Base, Polkadot, and Cosmos, but also on NEAR, Optimism and Polygon, by October. At the same time, this expansion of the USDC’s dominance will enable a greater number of developers to take part in the ecosystem. Despite its position as the 2nd largest stablecoin, the token is still struggling. After massive adoption at launch, the token has yet to recover from the bear market of 2022. While the USDC had a market cap of $50 billion at the beginning of 2022, CoinMarketCap is currently reporting a value of $25 billion.The USDC is about to face a new competitor, Paypal’s stablecoin.
Indeed, since the launch of Paypal’s stablecoin, the question has been raised as to the new token’s place within the particular stablecoin ecosystem. While the immediate impact has been nil, we may have to wait a while to see the asset’s real market potential.With the USDC and the new stablecoin going head-to-head, the battle could be fierce. A matter to be followed, but one thing is certain: the USDC is far from having said its last word.
Latest crypto news, beware, alert on PEPE
The PEPE community is starting to panic. Suspicious movements have been detected on the crypto wallets of the project’s developers. This is generally not a good sign and is very worrying. In fact, the price of the mysterious token has lost 20% in the last few hours, completely unexpectedly! The chart is also very negative, so be sure to spread your risk and sell quickly if you’re too exposed.
Bitcoin news, prices to watch
At present, the price is stagnating in the $29,400 to $29,800 zone, meaning that the bears are unable to gain the upper hand and could give in to the bulls, but nothing is decided yet. The support at around $28,500 must absolutely be held, and ideally, we should quickly go back and look for resistance below $30,000. To find out more, discover the full analysis on: decentralized Bitoin trading or trading Bitcoin (in french)
Artificial intelligence (AI) in music creation and artists’ rights
Google and Universal Music Group (UMG) have teamed up to find a way of compensating the music industry through the use of artists’ voices and melodies. The unauthorized use of artists’ voices, including those of deceased music icons such as Frank Sinatra, Johnny Cash, Tupac and Notorious B.I.G., in compositions generated by AI. Understandably, this raises concerns about fair remuneration and respect for intellectual property. The aim is to create an innovative remuneration mechanism for artists whose voices are reproduced by AIs, while exploring new opportunities for music creation. Should they succeed in reaching an agreement, several artists, who are responsible for almost a third of the world’s music, would then have the opportunity to earn additional income. Everything suggests that the solution will certainly involve blockchain, NFT or similar solutions.
Could this be the end of cash in Australia?
In general, it all starts with the limitation of being able to get out and enjoy your money in the bank. It would seem that this is exactly the scenario being implemented in Australia. Without warning, the four main banks have begun to restrict cash withdrawals in several cities. In effect: some branches have run out of cash – the government has withdrawn $1 billion in bills from circulation – people can withdraw no more than $500. However, what is likely to dampen the government’s enthusiasm for eliminating cash is the fact that a large proportion of the population would not know how to deal with a digital currency, especially the elderly. The transition is therefore taking place step by step, but is moving in the right direction. Meanwhile, Bitcoin vending machines are flourishing, and can be found in huge numbers all over Australia.
More and more major crypto and DeFi players are leaving the US
This time it’s Revolut that’s throwing in the towel. An unclear environment does not allow a company to develop serenely. The closure of Revolut’s US crypto platform will take effect on September 2 for purchases of virtual currencies, followed by a 30-day phase for sales. This highlights the need for companies in the sector to remain agile and responsive, ready to adapt their operations in response to legislative changes that may arise at any time. Such dynamics could well shape the future of the financial industry, where adaptability and foresight are becoming essential qualities.
HashKey Exchange, Hong Kong’s first retail exchange.
HashKey Exchange can now offer its services to both retail and professional investors. Note that this is the first of its kind to be granted to a crypto platform. It was granted to Hashkey as part of the introduction of new crypto-currency regulations in the city. Customers can now purchase and store crypto-currencies securely on the platform. What about the security of funds? Users’ funds will be kept in separate accounts, with 98% stored in cold and 2% in hot wallets. It’s also worth noting that the platform has undergone regular compliance audits and inspections. These have been carried out by four leading firms, enabling the platform to provide secure services to its customers.
Bitcoin, what’s happening to its price?
Find out what prices to watch out for, as we’re right in a price zone which is an important support and which could either take Bitcoin above $31,000 or, on the contrary, down to the $26,000 zone. To find out more about technical analysis and the benefits of decentralized trading, click here : Decentralized bitcoin trading
Who is the inventor of the ERC-20 standard?
This is Fabian Vogelsteller, who is also the main developer of Ethereum. Did you know that he left the Ethereum Foundation in 2018 to create the Lukso blockchain? Need we remind you, the ERC-20 standard has established itself as a real feat and has enjoyed unparalleled success. So when its creator develops a blockchain, we want to take a closer look, and here is what he says about it, in his own words:
“The human story behind this is that Marjorie, also a co-founder of Lukso, my wife at the time, had the idea of creating a blockchain dedicated to lifestyle and fashion. seduced by this excellent idea. So the story evolved into creating a blockchain specifically focused on more common use cases such as lifestyle, fashion designers, social media, content creators, and YouTubers. Domains that correspond more to what Internet users use today, rather than to the world of tokens, finance or DeFi.” “(…) We are trying to attract a new crowd, a new group of people, a new ecosystem — an ecosystem that currently does not exist — to create our economy. But the main reason is to get people to adopt these new basics. You could never do that on Ethereum.”
As Lukso grows in popularity, Vogelsteller remains an influential player in the development of token standards.
State of the crypto market in Q2 2023, report offered by Binance
Find out what the big moves have been in recent months. 1. Total market capitalization increased by 0.04% compared to the previous quarter. This is a positive signal considering the current regulatory and macroeconomic environment, which is not favorable to cryptos. 2. NFT and DeFi fell during the second quarter. According to Binance’s analysis, the TVL of decentralized finance (DeFi), has fallen by over 11% in recent months. In June 2023, it fell to $44.2 billion, a far cry from the $50 billion seen in February. The NFT market also fell by almost 20% in Q2 2023. According to the note, this drop is the result of the withdrawal of notorious collectors. The sale of their non-fungible tokens led to a drop in floor prices. While NFT and DeFi went through a dark period in the second quarter, cryptos, Gaming and blockchain are doing well, according to Binance.
Blockchain gaming specialist Animoca Brands will make a $30 million investment in hi, a Hong Kong-based crypto start-up. Animoca Brands is a leader in digital entertainment, blockchain and gaming. The company operates a broad portfolio of products, including Ethereum-based metaverse heavyweight The Sandbox. Animoca Brands has a portfolio of over 450 Web3 investments, including Colossal, Axie Infinity, OpenSea and Dapper Labs (NBA Top Shot).
Matic, is it over?
MATIC has plunged 18% since the Polygone team announced its intention to replace it with a new token called POL. In the last two weeks, 23 million MATIC tokens have been liquidated. Unsurprisingly, this drop in the Polygon network’s growth rate began on July 19, just after the tokenomics change was announced. If this trend continues, MATIC may find it difficult to keep up. Many crypto whales have begun liquidating their MATIC tokens, exacerbating the downward trend… to be continued.
Securitize to issue tokenized assets in Spain
Securitize, the digital asset exchange platform, has announced its intention to offer services related to the tokenization of digital assets in Spain. The company plans to launch an exchange service for these new assets on the Avalanche blockchain during September. Securitize aim would be to carry out the first share issue in the form of tokens under the pilot scheme recently initiated by the European Union. This is the DLT scheme, dedicated to distributed ledger technology. The company has already registered with the SEC as a securities transfer agent and alternative trading system. It is also a member of the Financial Industry Regulatory Authority. The company’s expansion strategy seems to be working well as it gradually extends its services into new markets.
Crypto, the US regulatory bill gets House approval
The House of Representatives has approved a Republican-led bill that aims to define a legal framework for digital assets. This decision, which represents a significant victory for the crypto industry, is a crucial step towards clarifying the legal situation of cryptocurrencies on US soil.