Millionaire businessman Kevin O’Leary has indicated that stablecoins are more valuable than Bitcoin because of their role in the global financial system. He also highlighted the “big opportunity” as one of the layer-1 networks could be the biggest beneficiary of traditional finance (TradFi) firms moving on-chain. Kevin O’Leary Praises Stablecoins Over Bitcoin In an X…
View More Millionaire Businessman Reveals Where The Real Crypto Value Is, And It’s Not Bitcoin
Crypto analyst Sherlock has revealed how a Bitcoin price crash to $63,000 could play out. He highlighted key levels to watch and zones where traders should look to short BTC in preparation for this potential downtrend. Key Levels To Watch With Bitcoin Price Crash To $63,000 On The Cards In an BTC breaks above April’s…
View More Mapping The Bitcoin Price Crash To $63,000: Why BTC Must Reclaim This Level
More than 87% of Argentinians surveyed in a January Coinbase poll said they view crypto and blockchain technology as a way to strengthen their financial independence — a sign that the role of Bitcoin in the global economy may already be shifting well beyond what markets have priced in. Bitcoin’s Dual Role Draws New Attention…
View More Bitcoin’s Market Potential May Surpass Gold Amid Iran-US War: Bitwise
Gold shed billions in March. Bitcoin quietly pulled in more than a billion. Flows Tell A Diverging Story US spot Bitcoin exchange-traded funds attracted $1.32 billion in net inflows last month, even as US-based gold ETFs bled $2.92 billion in net outflows over the same period. The gap caught the attention of Bloomberg ETF analyst…
View More Bitcoin ETFs Gaining Ground, Could Soon Surpass Gold—AnalystInstitutional money has been pouring into Bitcoin at a scale that would have seemed far-fetched just a few years ago. Since the launch of Bitcoin exchange-traded funds, roughly $56 billion has flowed in from asset managers around the world — a shift that Bitmine CEO Tom Lee says is changing how serious investors think about…
View More Bitcoin ETFs Pull In $56B As CEO Pitches Crypto Over Gold
The Binance exchange has registered a surge in derivatives activity triggered by an ongoing pullback in gold’s price. The highly priced commodity and world’s largest asset has experienced a steady price decline since around February amid exacerbating geopolitical tensions and concerns about global inflation levels. Binance Users Show Heavy Interest In Gold Market In an…
View More Binance Users Register Record Gold Futures Trading Activity – What This MeansA gold-backed crypto token jumped from 453rd place to fifth among the most actively traded perpetual pairs on Binance — all within a matter of weeks. XAUT: From Obscurity To The Top 5 Tether’s tokenized gold token, XAUT, recorded a daily perpetual futures trading volume of $6.40 billion on March 23, according to data highlighted…
View More Over $6B: XAUT Futures Volume Rewrites Records On BinanceBitcoin quietly gained ground while gold crumbled. That contrast has become one of the more telling stories to emerge from weeks of escalating conflict in the Middle East, as the two assets — long compared as competing stores of value — have moved in sharply opposite directions since the US and Israel launched strikes on…
View More Bitcoin Holds As Gold Posts Worst Week Since 1983 Amid Iran WarFor six straight weeks, Bitcoin was losing the battle against gold. That streak has now reversed — and it has held for two weeks running, with Bitcoin up more than 4% against the precious metal this week alone. A Parallel Decline Reshapes The Debate The timing of that rebound is striking, given that both assets…
View More Bitcoin Gains Ground On Gold Even As Both Assets Slide
Bitcoin’s five-year compound annual growth rate has slipped below gold’s for the second time in its history, according to Fidelity Digital Assets, marking an unusual moment for an asset long defined by its outsized long-term returns. For markets, the signal is not just about relative performance against gold, but about what a slower growth profile…
View More Bitcoin Has Entered A Rare Zone Against Gold, Fidelity Says