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 dropped from over $65,000 to just above $63,200 last week, influenced by Strategy's sale of 1,690 BTC. This decline led to a broader market pullback, with major altcoins like ADA and XRP also falling significantly. However, some tokens like C...
Global long-term government bond yields have surged to levels not seen since July 2008, reaching around 4.2%. Bitcoin, which was created after that period, has never faced such high borrowing costs and has fallen 46% over the past year, while gold ha...
Tether completed a clean audit of its 2025 financials by KPMG, easing concerns about its reserves. An Ethereum wallet moved 2,680 ETH after 11 years, highlighting old investors' activity. Bitcoin could drop to $50,000 before rising to $1 million, acc...
Ethereum is showing signs of strength with selling pressure at lows not seen since the 2022 bear market and increasing institutional inflows, contrasting with Bitcoin's outflows. The ETH/BTC ratio is at a critical resistance level of 0.03, which it h...
David Tait, CEO of the World Gold Council, expressed his personal belief that bitcoin could eventually drop to zero because it behaves like a high-risk asset during market stress, rather than a safe haven. He contrasted bitcoin with gold, which centr...
