Crypto News
‘Fair Value of Bitcoin Is Still Zero,’ Say European Central Bank Officials
This isn't a new sentiment. In November 2022 the same authors declared that Bitcoin was on the "road to irrelevance."Source link
Beyond $69K: What’s the Real Price Bitcoin Has to Reach to Beat Its All-Time High?
A single Bitcoin doesn’t buy what it used to. Here’s how the asset fares when measured up against inflation in the U.S. economy.Source link
Chiliz (CHZ) Chain Announces Tokenomics 2.0 with Inflation Model and Burn Mechanism
Chiliz Chain introduces Tokenomics 2.0, enhancing utility and blockchain longevity with an 8.80% base rate and token burn mechanism, aiming for a minimum annual yield of 5.72% APY. (Read More)Source link
Non-Fungible Items; Picking up Where NFTs Left off — COZ Co-Founder Tyler Adams
Many have already pronounced the death of NFTs, and in part, they are correct. Amidst the fervor of the NFT hype cycle, we saw huge valuations and sales such as Beeple’s ‘The 5000 Days’ collection selling for a staggering $69.3 million. However, not substantiated by anything beyond the hype, the market came crashing down withSource link
Bitcoin ETF Approval Comparable to ‘Naked Emperor’s New Clothes,’ ECB Officials Say
The U.S. SEC’s approval of multiple spot ETFs and the billions of dollars that have poured in since doesn't make Bitcoin a good investment or a better means of payment, the central bankers said in a blog post.Source link