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Bitwise CEO: Bitcoin Should Move on From ‘Digital Gold’ Narrative as It Reaches Mainstream Adoption
15.6.2024
Hunter Horsley, co-founder and CEO of Bitwise, a San Francisco-based cryptocurrency asset management firm, declared that the “digital gold” narrative limits bitcoin’s reach as an investment asset. Horsely stated that, while the “digital gold” representation...
World’s Largest Bank ICBC Sees Bitcoin as Digital Gold — Calls Ethereum ‘Digital Oil’
12.6.2024
The Industrial and Commercial Bank of China (ICBC), the world’s largest bank by total assets, recently compared bitcoin to digital gold and labeled Ethereum “digital oil” in a report. The bank emphasized the roles of these cryptocurrencies in the digital economy and their...
Bitcoin finds ‘another’ use case via BTCfi — DLC.Link co-founder
29.5.2024
DLC.Link CEO Aki Balogh tells The Agenda how DeFi on Bitcoin will unlock BTC’s potential for collateral, yield farming and more
Medical Tech Firm Semler Scientific Invests in Bitcoin, Acquires 581 BTC
28.5.2024
On Tuesday, the publicly traded medical technology firm Semler Scientific announced its decision to allocate bitcoin to its treasury. The company disclosed that it had acquired 581 bitcoins for a total of $40 million. Semler Scientific Embraces Bitcoin Joining the trend initiated by Microstrategy...
Ethereum lacks a 'simple one-liner' elevator pitch for boomers — Analysts
25.5.2024
While Bitcoin is often marketed as "digital gold," Ethereum hasn't quite found its simple elevator pitch yet, according to crypto analysts
‘Big Short’ Investor Calls Crypto One of the ‘Great Themes of Our Time,’ But He’s Not a Believer
7.5.2024
In a recent interview on Bloomberg Television, Steve Eisman of Neuberger Berman, who gained prominence from “The Big Short,” shared insights on the impending U.S. election and his investment strategies. Eisman identified three significant current themes, including cryptocurrency...
In a Sea of Mining Giants, One Solo Miner Strikes Digital Gold by Finding Bitcoin Block 841,286
30.4.2024
While bitcoin mining has become increasingly difficult and block rewards have dropped from 6.25 bitcoins to 3.125 bitcoins, a solo miner discovered block 841,286. Bitcoin’s Harsh Mining Climate Yields Treasure for One Solo Entity Mining bitcoin (BTC) has become significantly challenging...
Bitcoin’s “Digital Gold” concept doesn’t generate growth in like Octoblock
9.4.2024
By referencing the Bitcoin ETF, Bitcoin may offer stability and store of value properties like gold but lacks the growth potential that innovative projects like Octoblock present. While Bitcoin has been compared to gold, and many investors see it as a hedge against inflation and economic...
Bitcoin’s Acceptance as 'Digital Gold' May Spur Demand From New Investors: Coinbase
5.4.2024
Gold has outperformed after the Federal Reserve expressed a cautious stance on the pace of future interest-rate cuts, the report said
Bona Fide Wealth President Defines Bitcoin as ‘Digital Gold,’ Discusses Showdown Between Crypto Natives and Traditional Finance
30.1.2024
Douglas Boneparth, the president and founder of Bona Fide Wealth, recently articulated his perspective on bitcoin, describing it as a digital equivalent of gold or a store of value in the digital realm. In addition, Boneparth further highlighted the contrasts in approach between traditional trade...
Mining Digital Gold — These Are the Most Profitable Proof-of-Work Algorithms in 2024
21.1.2024
In September 2022, Bitcoin’s SHA256 algorithm ranked as the seventh most lucrative proof-of-work (PoW) network for mining. Fast forward a year and four months, and this algorithm has ascended to become the third most profitable crypto network for mining operations. 2022 to 2024 Sees...
Grayscale’s 4K Bitcoin Transfer, Blackrock CEO Favorable on Bitcoin, Ripple’s XRP Ousted, and More — Week in Review
21.1.2024
Grayscale stirred speculation by transferring 4,000 bitcoins, while Blackrock CEO Larry Fink endorsed bitcoin as “digital gold,” surpassing government influence. In regulatory news, Ripple’s XRP was removed from Hong Kong Virtual Asset Consortium’s top crypto index....
Investors Rush To Buy Retik Finance (RETIK) Presale As Stage 5 Approaches Closure
15.1.2024
Few presales have recently captured investor attention quite like Retik Finance (RETIK). This ambitious DeFi project, promising a seamless fusion of traditional and digital finance, has witnessed a remarkable surge in demand, with its presale stages selling out at breakneck speed. But what exactly...
Kevin O’Leary Says He’ll Never Buy Bitcoin ETF — Prefers to Hold BTC Long Term
15.1.2024
Kevin O’Leary, aka Mr. Wonderful, says he will never buy a spot bitcoin exchange-traded fund (ETF) as he is holding bitcoin for the long term as digital gold. “Why would I pay these fees?” he said, adding that spot bitcoin ETFs “add no value” and are “completely...
Blackrock CEO Larry Fink on Bitcoin: I’m a Big Believer — Its Bigger Than Any Government
14.1.2024
Larry Fink, the CEO of Blackrock, the world’s largest asset manager, says he has become “a big believer” in bitcoin, emphasizing that it is “bigger than any government.” Calling the cryptocurrency “digital gold,” the executive stressed: “Unlike gold, where we manufacture new gold, we’re almost...
How to Buy Retik Finance (RETIK)? A Beginner’s Guide
8.1.2024
The cryptocurrency landscape is a vast and ever-evolving frontier, where innovation and ambition often collide. Retik Finance emerges as a beacon in this digital gold rush, promising a revolution in how we interact with our finances. However, for newcomers, navigating the intricacies of buying...
Blockstream CEO Adam Back Predicts $700k Bitcoin Within 2 Years – Here’s How
5.12.2023
Source: Pexels Bitcoin (BTC)’s market cap could flip that of gold within two years, thus bringing its price up to $700,000 per coin. That’s according to Blockstream CEO Adam Back – a “Bitcoin OG” and one of the internet’s popular suspects for being Bitcoin’s anonymous creator, Satoshi Nakamoto....
3 Reasons Bitcoin Price Can Hit $40,000 in November, While Investors Move $20,000 into Bitcoin ETF Token ICO
7.11.2023
Tuesday, November 7, 2023 – The Bitcoin price can hit $40,000 in November for three reasons, making the Bitcoin ETF token a must-buy at ICO for those who want exposure to the Bitcoin ETF theme. Bitcoin halving, the launch of a spot Bitcoin ETF, and the Bitcoin digital gold thesis are the three...
Bitcoin’s Role as ‘Digital Gold’ Will Aid Further Demand, Traders Say
7.11.2023
Traders continue to point out bitcoin’s supposed role as ‘digital gold,’ amid economic headwinds in the U.S., as a possible price catalyst
Bitcoin Price Prediction as New Rally Leads to $200 Million in Short Liquidations – Will BTC Keep Rising?
26.10.2023
Bitcoin , often dubbed the ‘digital gold,’ is currently on a rollercoaster ride. Having recently climbed beyond the $34,000 threshold, BTC’s ascendancy led to the liquidation of over $220 million in short positions in a mere 24-hour span, a testament to its volatile nature. This...