Bitcoin backers have minimized claims that fears around quantum computing being a threat to the cryptocurrency sooner than expected are dragging on its price. Glassnode lead analyst James Check said in an X post on Thursday that linking Bitcoin’s price to quantum computing fears “is akin to blaming market manipulation for red candles, and declining
Popular Bitcoin critic and pro-gold advocate, Peter Schiff, has stirred discussions across the crypto market again after restating his long-time stance about gold being a better investment decision than Bitcoin. In his latest assertion, Peter Schiff sang praises of gold and other precious metals, with claims that they are exploding, as silver and gold have
The precious metals rally shows no signs of letting up, while bitcoin BTC$89,880.52 and the broader crypto market remain stuck on the sidelines. Gold rallied another 1.7% to hit $4,930 per ounce on Thursday, while silver added 3.7% to $96 per ounce. Bitcoin, meanwhile, slumped back to just above $89,000, roughly 30% below its all-time
Bitcoin Payments Startup ZBD Raises $40M to Build Gaming Payments Rails Bitcoin payments startup ZBD has raised $40 million in a Series C funding round as it looks to expand blockchain-based payment infrastructure for the video game industry, Fortune reported. The New Jersey–based company, which provides payments software for game developers, was led in the
Bitcoin (BTC) dropped below the key $90,000 support zone and traded near $89,588 at the time of writing. The decline followed last week’s brief bullish breakout attempt. On the other hand, gold has reached an all-time high of over $4,900 per ounce at the time of writing. This development further underscores the difference between the
U.S. spot Bitcoin exchange-traded funds recorded three straight trading sessions of net outflows this week, totaling $1.58 billion. The pullback follows a brief stretch of positive follow-through, sandwiched between another three-day outflow streak from Jan. 7 – 9 that totaled $1.134 billion, or about $378 million a day leaving the category. Earlier in the month,
Global markets rallied after U.S. President Donald Trump de-escalated trade tensions with Europe and Greenland, sparking a relief surge across equities. Bitcoin mirrored this volatility, plunging to $88,200 before rebounding to $90,000, though it remains down 7% weekly. Global Markets Surge on ‘Greenland Framework’ Global markets shifted into a relief rally today as the shadow
Gold prices have crossed a historic threshold in global markets. For the first time, the price of an ounce of gold exceeded $4,900, reaching an all-time high. Strengthening demand and macroeconomic uncertainties continue to support the rise in precious metals. According to current data, the total market value of gold has risen to approximately $33.9
The price of Bitcoin is currently moving sideways, as traders pause after weeks of volatile trading. Analysts say the market is consolidating, with no clear trend in place, even as long-term expectations around a move toward $100,000 remain alive. On the daily chart, Bitcoin is locked in a range, reflecting uncertainty rather than strong buying
In the US state of Kansas, a strategic reserve initiative directly targeting Bitcoin has emerged. A new bill submitted to the State Senate aims to have Kansas officially classify digital assets under a reserve framework. The “Bitcoin and Digital Assets Reserve Fund” bill, introduced to the Senate, proposes that unclaimed digital assets and the income