Arthur Hayes, co-founder of BitMEX and iconic figure in the crypto sector, has just stirred up controversy by asserting that Bitcoin is superior to gold as a safe haven asset. In a sharp blog post titled "Zoom Out," Hayes elaborates on his argument by highlighting the technological and economic advantages of Bitcoin over the precious metal.
The recent applications for Solana ETFs by VanEck and 21Shares have sparked a brief surge of optimism in the crypto market. However, despite this promising announcement, the enthusiasm quickly faded. The excitement did not last, leaving many observers puzzled. What could have slowed down this momentum?
Is Bitcoin a currency that can magically increase global purchasing power? It's not that simple.
Standard Chartered forecast: Bitcoin could explode in August and reach $100,000 before the 2024 US elections.
While the entire crypto market is in a phase of indecision, Solana rebounds for the third time on the $125 support. Let's look at the upcoming prospects for the SOL price.
The crypto sphere is currently experiencing major turbulence, marked by a black day for the market. Bitcoin, once booming, is undergoing a significant drop, dangerously approaching $60,000. Meanwhile, altcoins are also not spared, recording marked declines. As the crypto world grapples with this new reality, some signals of optimism persist nonetheless. Let's explore the causes, impacts, and prospects of this unexpected downturn.
Bitcoin, often perceived as an environmental scourge due to its energy consumption, could actually be an unsuspected ally in the fight against climate change. Margot Paez, an environmental activist and researcher at the Bitcoin Policy Institute, presents a bold and counterintuitive vision: Bitcoin could replace the traditional financial system and reduce the abusive exploitation of natural resources. This revolutionary perspective invites a reconsideration of established truths about crypto and its potential role in preserving our planet.
Ripple uses Binance's decision to strengthen its defense against the US crypto regulator (SEC)!
The Bittensor blockchain suffered a major attack, causing a sharp 15% drop in its native cryptocurrency, TAO. The incident, which drained $8 million from a user's wallet, forced developers to temporarily suspend the network as a precaution.
Solana dominates memecoins with 800% spreads and eclipses Ethereum.