Investment advisor Ross Gerber criticized Bitcoin's practical use, arguing that gold remains easier to use in daily transactions despite Bitcoin's promises as a global payment system. He also highlighted a shift in Bitcoin mining, with miners focusing more on AI infrastructure than cryptocurrency mining, suggesting Bitcoin's peak may be behind it. Gerber's skepticism extends to Bitcoin advocates like Michael Saylor, especially after Strategy sold some Bitcoin, raising questions about the cryptocurrency's long-term value beyond price speculation.
Bitcoin surged close to $80,000 following the US inflation report showing a slowdown in annual core CPI to 2.4%, the lowest in 66 months. This easing of inflation boosted confidence in both cryptocurrency and traditional markets, with Ethereum also r...
OpenSea has reintroduced support for Solana NFTs on its OS2 platform, fully enabling buying, selling, and bidding as of early September. This marks Solana as the first non-Ethereum blockchain with full NFT trading on OpenSea, positioning Solana colle...
Cryptocurrency prices exhibit a range of changes, with Ethereum (ETH) rising over 7% and NEAR gaining more than 9%. Bitcoin (BTC) increased nearly 2%, while several altcoins like Binance Coin (BNB), Ripple (XRP), and Cardano (ADA) also posted gains. ...
A bitcoin whale on Hyperliquid opened a highly leveraged long position of 911.55 BTC, worth about $70 million, with 40x leverage. The current bitcoin price is less than 1% above the liquidation price of $76,308.60, meaning a small drop could trigger ...
Cryptocurrency markets display a range of price changes with Bitcoin rising to $78,998 (+2.20%) and Ethereum gaining 7.19% to $2,617.26. Several altcoins such as NEAR (+9.22%), UNI (+6.93%), and RAY (+27.57%) also saw significant increases. These flu...
