[ad_1] Legendary venture capitalist Tim Draper has taken to social media to declare that gold is dead. “It just sits there. Bitcoin moves,” he said. He has added that Bitcoin is “borderless,” permissionless,” and “programmable.” Bitcoin can be used for making run-of-the-mill purchases, which is impossible with gold, according to Draper. “You can’t buy coffee with gold. But with Bitcoin, you can — without banks, inflation, or friction,” the billionaire opined. However, some social media users were quick to point out that gold has substantially outperformed Bitcoin in 2025. The yellow metal is up more than 20% on a year-to-date…
Author: NBTC
[ad_1] Ethereum demonstrated evidence of new momentum this week as network activity and price action both reversed after a slow stretch. The second-largest cryptocurrency finally broke through a critical price barrier that had constrained its advance for over a week. Active Addresses Up By Almost 10% As per statistics from CryptoQuant analyst Carmelo Alemán, Ethereum’s network experienced a notable increase in user activity between April 20 and April 22. Active addresses increased from approximately 306,000 to more than 336,000 within this three-day period, a rise of nearly 10 percent. The network is just “heating up”, according to Alemán. Ethereum is…
[ad_1] Cryptocurrency analysis company Santiment, in its latest report, touched upon the real-world asset (RWA) themed altcoins that cryptocurrency developers have focused on most in the last 30 days. Real-world assets (RWA) are based on the principle of tokenizing assets from outside the cryptocurrency world, such as real estate, stocks, and government bonds, and have become a particularly popular concept lately. Wall Street giants are particularly keen on tokenizing stocks. Some of the altcoins on Santiment’s list are directly linked to the RWA space, while others were indirectly included in the list due to the use of their networks. In…
[ad_1] In April, many crypto market observers were writing about an ongoing decoupling or divergence of Bitcoin from equities, meaning that the trajectory of Bitcoin’s price took a different direction compared to stocks and equities. Bitcoin and Gold are up, while the American dollar and stocks are down. However, opinions among market experts on whether the Bitcoin and equities markets have truly diverged vary. Some enthusiastically proclaim that Bitcoin has decoupled from risk assets and joined Gold as a safe haven. The reason is not hard to see: lately, Bitcoin and Gold have been the only major assets with positive…
[ad_1] The Ethereum price has been under pressure this year, having dropped by 56% from its November high. Ethereum’s (ETH) performance has been worse compared to other top cryptocurrencies like Bitcoin (BTC) and Solana (SOL). In fact, Ethereum has dropped to a record low against SOL, and is hovering at its 2020 lows against BTC. This performance has led some investors and analysts to question whether Ethereum is dead. In a YouTube video on Thursday, Charles Hoskinson, Cardano’s (ADA) founder, predicted that Ethereum wouldn’t be around in the next 15 years. He pointed to the growth of layer-2 networks like…
[ad_1] The Vechain Hayabusa update, set to go live on July 1st, allows any VET holder meeting minimum staking requirements to become a node operator, enhancing user control and network security. The VeChain Foundation has allocated 5.3 billion VTHO (approximately $15 million) to incentivize early participation in the new StarGate staking model. VeChain’s ‘VeChain Renaissance’, consisting of a series of steps over the coming months, now introduces a new key step in the form of Hayabusa. With this major upgrade, the platform is taking a key step toward further decentralization and a rethinking of the staking economy. Thus, the platform…
[ad_1] Strive Asset Management is still pushing GameStop to buy as much Bitcoin as it can, and as quickly as possible. But there is ongoing debate within the company about how much Bitcoin GameStop is willing to buy, Strive CEO Matt Cole told Decrypt on Thursday. “You should expect that they’re going to buy some Bitcoin,” Cole said. “But I don’t think it’s decided how much they will go in that direction.” The video game retailer announced a month ago that it could start purchasing Bitcoin as a treasury reserve asset following an update to its investment policy. It subsequently…
[ad_1] Cryptocurrency analytics firm MakroVision has assessed the performance of Ethereum (ETH) in recent weeks. The firm noted that Ethereum has remained relatively weak in the market at a time when many altcoins are showing recoveries. According to MakroVision, Ethereum is still forming lower highs, which does not provide a clear sign of a possible trend reversal. “Ethereum is still below the red trend lines and we cannot see a strong upward movement,” he said, adding that the situation is also weak in terms of technical analysis. Ethereum, despite recovering from $1,400 levels, has failed to show upward momentum compared…
[ad_1] The Open Network (TON) has announced that the Toncoin Bridge will be officially retired on May 10, 2025. This decision marks the end of an era for the early infrastructure that once played a critical role in Toncoin’s cross-chain accessibility. According to a statement from the Toncoin developers, the closure means that users will no longer be able to bridge Toncoin from TON to the Ethereum or BNB Smart Chain after the set date. However, assets previously bridged to these networks will continue to be claimable. Importantly, bridging to TON will continue to be available for now, with an…
[ad_1] Ethereum is trading above $1,700 after a volatile few weeks, with bulls now trying to reclaim higher levels and flip resistance into support. Despite lingering macroeconomic tensions and the ongoing trade standoff between the US and China, markets are beginning to price in optimism as investors anticipate progress in negotiations. This renewed sentiment has lifted risk assets like ETH, which is showing early signs of a potential breakout. Analysts are closely watching Ethereum’s current price action, which suggests a possible shift in trend. Top analyst Daan shared a technical view on X, highlighting that ETH is attempting to retake…