Author: NBTC
The Bitcoin gold debate, which has been going on for years, has recently become one of the hottest topics in the financial market amid the increasing competition between the two assets. While the price of gold has recently gained significant traction by reaching a new high of $2,530, Bitcoin is still ahead of gold. Even as the precious metal gold has recently reached record highs, Bitcoin continues to dominate gold. Addressing this situation, Bloomberg senior ETF analyst Eric Balchunas stated that the gap between the two assets has narrowed, but gold still has not been able to surpass Bitcoin. Balchunas…
Amid his continuous recommendations for investing in gold, silver, and Bitcoin (BTC), Robert Kiyosaki, a renowned investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ recently shared why he believed Bitcoin is a better investment than real estate. Specifically, Kiyosaki explained that the main reason why investing in the maiden cryptocurrency might be better than investing in real estate is its movability and flexibility or the ease of distributing it when needed in an episode of his The Rich Dad Channel podcast streamed on August 22. Bitcoin is easier to trade Indeed, according to the famous…
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase…
Cryptocurrency exchange Bitget has integrated two new payment methods into its platform. According to a press release shared with crypto.news, the Seychelles-based exchange has added Apple Pay for iOS users and Google Pay for Android users. The new addition would allow Bitget users to convert fiat into crypto more seamlessly than traditional methods like cards or bank transfers. Bitget customers can purchase over 100 cryptocurrencies using various fiat currencies on the platform. The announcement added that with the recent integration of Apple Pay and Google Pay, the transactions can be completed in under 30 seconds. The platform currently supports over…
Concerns are mounting within the crypto community about Bitcoin’s increasing centralization, which some fear could threaten the foundational principles of the world’s first digital asset. Recent data from BTC.com reveals that two mining pools — Foundry USA and AntPool — now control approximately 57% of Bitcoin’s total network hashrate. Foundry and AntPool Dominate Bitcoin Mining Pools Bitcoin mining pools are collaborative networks where individual miners combine their computational power to improve the likelihood of mining a block. After deducting maintenance fees, rewards are distributed among participants based on their contributed hashing power. Over time, these pools have gained popularity, offering…
Bitcoin is showing a new short-term bullish signal, as evidenced by a short squeeze and extremely negative funding rates. According to analyst Josh of Crypto World, as of now, bullish move appears to be unfolding. He said that not much has changed over the last day. Bitcoin’s price remains between support at just above $53,000 and resistance around $68,000. This range still shows a bearish trend, with lower highs and lows. Major support zones include $56,000 to $57,000 and $51,000 to $53,000. Here’s a breakdown of Bitcoin charts by the analyst: Bitcoin is close to breaking above resistance levels between…
Fetch.ai, a founding member of the Artificial Superintelligence Alliance, has opened its Innovation Lab in San Francisco, the company shared in a Friday announcement. Alongside the launch, Fetch.ai offers $10 million annually to fund startups building real-world AI solutions with its technology. The new lab aims to accelerate the development of practical AI solutions using AI agents, the company stated. Funding, startup accelerator, Ambassador Innovator Club, and internship incubator will be part of the initiative. Humayun Sheikh, CEO of Fetch.ai, said that the lab will serve as a collaborative space for top academic, research, and industry talents to work together.…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Telegram is no longer just a chat app—it’s a thriving crypto ecosystem with its own affiliated chain, games, and audience. With almost a billion users, Telegram’s endorsement of The Open Network as its “official web3 infrastructure” produces an explosion of blockchain-based mini-apps within the platform, engaging and rewarding players in unprecedented ways. You might also like: Crypto community rallies behind Telegram founder Pavel Durov on heels of arrest The successes are staggering: Notcoin stormed social media, growing…
Jupiter Exchange, a leading Solana DEX aggregator, encountered a brief outage in its recently launched token service earlier today. The incident prevented the service from picking up newly launched tokens and affected features like Dollar Cost Averaging (DCA) for those tokens. Despite the service interruption, users were still able to trade tokens normally. However, the specific functionalities tied to new tokens, including DCA, were unavailable until the issue was resolved. Jupiter Exchange has since resolved the issue, restoring full functionality to the token service. In a public statement made on X, Jupiter Exchange acknowledged the service disruption and expressed gratitude…
Bitcoin’s hashrate is on the rise once again, edging closer to the peak levels seen at the end of July. Despite a recent 4.19% dip in difficulty during the last retarget, current projections suggest that this drop might soon be history. On Aug. 28, the difficulty is expected to bounce back, potentially increasing by 4% or more. Accelerated Block Intervals and Growing Hashrate Indicate 4.19% Difficulty Reduction Could Vanish According to Luxor’s hashrateindex.com, Bitcoin’s hashrate is currently cruising at 660 exahash per second (EH/s), just 17 EH/s shy of the 677 EH/s peak recorded on July 25, 2024. It’s been…