Experts Question Bitcoin’s Role as ‘Digital Gold’
Over the past five years, gold has outperformed Bitcoin in terms of returns, raising questions about the cryptocurrency's narrative as a digital version of the precious metal, according to DL News.
Experts Question Bitcoin’s Role as ‘Digital Gold’
Over the past five years, gold has outperformed Bitcoin in terms of returns, raising questions about the cryptocurrency's narrative as a digital version of the precious metal, according to DL News.
Amboss Unveils RailsX DEX Based on Bitcoin’s Lightning Protocol
Amboss Technologies has introduced RailsX, a platform for P2P trading built on the second-layer solution for the first cryptocurrency's blockchain, the Lightning Network (LN).
Benchmark: Quantum Threat to Bitcoin Overstated
Benchmark analysts have described the quantum threat to the leading cryptocurrency as "long-term" and "manageable."
US Justice Department Seizes $400 Million from Bitcoin Mixer Helix
The US Department of Justice has completed the seizure of assets worth over $400 million linked to the darknet cryptocurrency mixer Helix.
Gold Outperforms Bitcoin Over Five Years
The leading cryptocurrency has entered the "red zone," while gold has gained 4.4% in a day. The market valuation of the precious metal has increased by $1.5 trillion, a figure comparable to the entire market capitalization of Bitcoin.
Glassnode Identifies $83,400 as Bitcoin’s Last Support Before Potential Price Drop
Glassnode analysts have observed the consolidation of the leading cryptocurrency's prices near key on-chain levels. The market requires confirmation of demand to avoid further structural weakening and a price decline.
Federal Reserve Maintains Interest Rate Steady
On January 28, the United States Federal Reserve kept the key interest rate unchanged within the range of 3.5-3.75%.
Analyst Identifies $86,600 as Crucial Threshold for ETF Holders
Bitcoin is trading around $87,000, nearly matching the average entry price for spot ETF buyers. Julio Moreno, Head of Research at CryptoQuant, described this zone as a "psychological threshold."
Gold’s Surge Above $5000 Shifts Crypto Investors’ Focus
In January, precious metals surpassed cryptocurrencies in social media popularity. Investors' attention shifted to gold and silver due to their rising prices.
Bitcoin-Based ZK-Rollup Citrea Launches Mainnet
L2 project Citrea, aimed at scaling the first cryptocurrency, has launched its mainnet and native stablecoin.We use cookies to improve the quality of our service.
By using this website, you agree to the Privacy policy.