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Nick Szabo, a prominent computer scientist known for introducing the concept of smart contracts, says that ETH’s valuation has a very low correlation to the Ethereum network’s use cases. “A fundamental problem with ETH valuation is that ethereum’s primary use cases are largely external to ETH’s market value,” he wrote on X.  “Ethereum can be very useful, its apps can garner great revenue, and ETH can still be low price — or vice versa — there is little link between them,” he added. Ethereum And Bitcoin Are Valuable For Different Reasons Szabo’s post comes after a long-standing debate over Bitcoin versus Ethereum. Over the years, there have been talks that ETH could eventually flip BTC to become the largest crypto in the market, but this is yet to happen. According to Szabo, Ethereum and Bitcoin play different roles in the market, and are therefore valuable for different reasons.  Ethereum serves as a prog...

On October 2nd, Citigroup raised its price targets for Bitcoin and Ethereum, citing stronger-than-expected capital inflows and growing institutional adoption. In a note to clients, Citigroup said it now expects Bitcoin to reach $132,000 by year-end and Ethereum to reach $4,500, with 12-month price targets of $181,000 and $5,440, respectively. Just recently, Bitcoin broke through $120,000, having rebounded from a drop below $110,000 the previous week to $120,000 this week in just a few days. This volatile market has deterred many from investing, leading many to turn to cloud mining projects with low barriers to entry and high returns. H Mining recently launched an app promising "one-click mining, automatic income," which has quickly become popular among investors. Users don't need to purchase mining equipment or pay for electricity: with just a smartphone, they can earn up to $6,300 or more in passive income daily. Passive income is now within reach. Mining has lon...

The company behind Tether (USDT) and a financial services firm closely linked to the Bitcoin (BTC) hardware giant Bitmain Technologies are reportedly in talks to raise capital for a public vehicle that will accumulate the gold-pegged digital asset, Tether Gold (XAUt). Citing people familiar with the matter, Bloomberg reports that Tether and Antalpha Platform Holding aims to raise at least $200 million for a digital-asset treasury company that will stockpile Tether Gold (XAUt), a digital token backed by physical gold bars and currently has a market capitalization of $1.5 billion. The two firms are already working on Tether Gold, but Antalpha’s announcement of an expanded partnership on September 29th broadens access to XAUt through services that include collateralized lending against the token. Antalpha says it will establish physical vaults in major financial centers around the world so XAUt holders can exchange their tokens for gold bars through local partners....

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Bitcoin (BTC) reclaimed the $120,000 price point earlier today and is facing some resistance at this level. BTC has made quite a quick recovery from its recent descent to the $109,000 price level. According to CoinGecko data, Bitcoin (BTC) has rallied 1.2% in the last 24 hours, 9.6% in the last week, 2.5% in the 14-day charts, 8% in the previous month, and 95.6% since October 2024. In this price prediction article, let’s discuss if Bitcoin can breach a new peak of $130,000 over the coming weekend. Source: CoinGecko Bitcoin Price Prediction: $130,000 Over This Weekend? Source: Unsplash While September has historically been a bearish month for Bitcoin (BTC), October has been the opposite. Many even call October “Uptober,” highlighting its bullish history. BTC could see its rally continue over the coming days if we follow the historical pattern. If BTC breaches the $125,000 mark, it could climb further to hit $130,000. However, whether the asset can hit $130,000 this week...

Dogecoin's price has fluctuated significantly recently, currently trading around $0.256. In the past 24 hours, the price peaked at $0.2589 and dipped to $0.2424. This volatility reflects market uncertainty and shifting investor sentiment. However, the emergence of TALL Miner is changing the landscape, allowing you to earn a stable daily income of $8,600. TALL Miner Cloud Mining Market volatility is an ever-present reality: today's trend may be reversed tomorrow. What transcends these cycles isn't emotional speculation, but rather sustainable performance. Recognize the opportunity cost: waiting to enter the market doesn't guarantee returns; instead, convert a portion of your holdings into daily mining power and let time work for you. The mature TALL Miner cloud mining platform offers one-stop managed solutions, from hardware and computing power to mining pool integration, simplifying the process into a "click-and-use" experience. Three sentences expla...