Digital gold or tech stock? Bitcoin’s identity crisis deepens
Bitcoin (BTC) was once pitched as digital gold — a hedge against monetary instability and market turmoil. But recent price action tells a different story....
Tag : Crisis
Bitcoin Miners Could Face Crisis After BTC Price Falls 50% From Peak
In brief Bitcoin crashed below $63,000 on Thursday, while estimated mining costs range from $60K-$80K. Public miners’ production costs range from $39K (Iris Energy) to...
US Liquidity Crisis Sparked $250B Crash, Not a ‘Broken’ Crypto Market: Analyst
A severe sell-off over the weekend that wiped about $250 billion off the cryptocurrency market has rekindled speculation that the digital assets are in a...
Ethereum's Oldest Crisis Reborn as a $220 Million Security Fund
In brief Roughly 75,000 ETH left over from unresolved DAO contracts will be redirected into a long-term security endowment. The initiative formalizes a plan set...