Altcoins News
By Jean-Luc Maracon
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François Villeroy de Galhau, the governor of the Bank of France, is sounding the alarm over bitcoin's recent decline.
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In 2023, bitcoin was still climbing to historic highs. But in recent months, it's been a descent into hell.
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And Villeroy is not entirely against cryptos. He sees potential in blockchain but remains wary of its use for speculative assets.
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France is not alone in its concern. Other European institutions are also sounding the alarm.
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On February 5, 2026, a major holder nicknamed "the Whale" liquidated a massive portion of their bitcoins. This created a terrible shockwave.
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Changpeng Zhao, head of Binance, calls for calm.
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But traditional stock markets are not immune to the tremors. The CAC 40 fell on February 6, with some fearing contagion to classic markets.
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The Financial Markets Authority launched an investigation on February 7, 2026, after complaints from investors citing potential manipulations.
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Christine Lagarde has scheduled an emergency meeting at the ECB for February 10. The implications of cryptocurrencies on financial stability will be on the agenda.
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Villeroy de Galhau reminds that bitcoin has experienced these cycles since its creation in 2009. Several spectacular rises and falls have marked its history.
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Some investors see a buying opportunity despite the drop. They are betting on a future rebound of bitcoin, believing that the fundamentals remain solid.
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The Bank of France is closely monitoring the evolution of the cryptocurrency market. It collaborates with other central banks to analyze potential impacts on the global financial…
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On February 8, 2026, the Financial Stability Board convened an emergency meeting in Paris. This council brings together representatives of major central banks and financial…
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Several American investment funds have already started drastically reducing their exposure to cryptocurrencies.
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Small investors are paying the high price of this debacle. According to an AMF study published in January, more than 3.
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