Le Pen
Bitcoin sets up lowest weekly close since early March as 4th red candle looms
Bitcoin (BTC) stayed below $40,000 on April 24 as the weekly close looked set to be a painful one for bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Binance bids slowly thin below spot Data from Cointelegraph Markets Pro and TradingView showed BTC/USD failing to retake the $40,000 mark after losing it before the weekend. As traders braced for classic volatility into the weekly close, Bitcoin looked decidedly unappetizing. At $39,500 on Bitstamp, the spot price at the time of writing would constitute the lowest weekly close since the week of March 7. BTC/USD 1-week candle chart (Bitstamp). Source: TradingView “Pretty obvious uptrend since mid-to-late January imo. If we have our 4th RED weekly close today could be bad though,” Twitter account CryptoBull comment...
Macron or Le Pen: What promise does each presidential candidate hold for crypto?
As France braces for the April 24 presidential election in a runoff, political pundits around the globe are making their bets. The choice is between the centrist incumbent Emmanuel Macron and right-wing populist Marine Le Pen. Much of the political debate this time revolves around economics, but there is one indispensable part of it that is largely absent from the candidates’ electoral agendas: digital assets. While both have a record of public statements on matters related to crypto, neither Macron nor Le Pen seems to be likely to trigger any significant policy change with regard to the French digital economy. State of the art Despite the current administration’s notable efforts to embrace the IT industry, France is still, in many ways, not a particularly tech-friendly country. For ...
French far right irked by election results, southern region in play
France’s far right performed worse than predicted in Sunday’s regional elections, exit polls showed, leaving victory in the southern battleground of Provence-Alpes-Cote d’Azur and a platform for the 2022 presidential election in the balance. Marine Le Pen’s Rassemblement National expressed frustration at a record low turnout,as the centre right made its first comeback at the ballot box since a disastrous showing in the 2017 presidential election and President Emmanuel Macron’s party finished fifth. The high abstention rate in Sunday’s first-round vote, projected at 68.5% by pollster Elabe, coincided with a sunny Sunday and emergence from months of tough COVID-19 curbs. “This evening the government won because for the last few weeks it has been in search of a massive abstention rate,” said ...
