Changpeng Zhao (CZ), the founder of the leading cryptocurrency exchange Binance, has once again utilized the social media platform X (formerly Twitter) to share key performance metrics and insights regarding the exchange’s recent growth and activity. His updates provide a snapshot of Binance’s continued expansion and its position within the broader digital asset market. CZ … Continue reading "Binance’s CZ Shares Exchange Growth Metrics on X" The post Binance’s CZ Shares Exchange Growth Metrics on X appeared first on Cryptoknowmics-Crypto News and Media Platform .
Is the independence of the Federal Reserve at risk? Recent discussions around potentially firing Fed Chair Jerome Powell have sparked serious debate, especially within the cryptocurrency and financial communities. Anthony Pompliano, a prominent figure in crypto investment through Pomp Investments, has voiced a strong warning : removing Powell would set a dangerous precedent with far-reaching consequences. Let’s dive into why this is such a critical issue and what it could mean for the future of the economy. Why is Firing the Fed Chair Considered a Dangerous Move? The core argument against dismissing a Fed chair like Jerome Powell boils down to the principle of central bank independence . Imagine the central bank as a referee in a game. To ensure fair play and maintain stability, the referee needs to be impartial and free from interference from the teams (in this case, political parties). Pomp Investments founder, Anthony Pompliano, highlighted this very concern in a recent video on X, emphasizing that while the Fed isn’t entirely independent, reacting to political pressure with more political action is a recipe for disaster. Here’s a breakdown of the potential pitfalls: Politicization of Monetary Policy: Firing a Fed chair due to disagreements over policy would send a chilling message. It would suggest that monetary policy decisions are subject to political whims rather than economic necessities. This could lead to a lack of trust in the Fed’s actions and its ability to manage inflation and maintain economic stability. Erosion of Investor Confidence: Financial markets thrive on predictability and stability. The abrupt removal of a Fed chair could create significant uncertainty and shake investor confidence. As Senator Elizabeth Warren pointed out, such a move could be a catalyst for a financial crisis . Investors might become wary of the U.S. economy if they perceive that key financial institutions are vulnerable to political manipulation. Precedent for Future Interference: If President Trump were to fire Jerome Powell , it would establish a precedent that future presidents could follow. This could lead to a cycle of political interference in the Fed’s operations, undermining its credibility and effectiveness over time. Anthony Pompliano’s Stance: More Interference is Not the Answer Anthony Pompliano, leading Pomp Investments, isn’t naive about the current state of affairs. He acknowledges the existing criticisms about the Fed’s independence, recognizing that it’s not operating in a vacuum. However, his argument is crucial: responding to perceived political interference with even more direct political action – like firing the Fed chair – is counterproductive. It’s like fighting fire with gasoline. Pompliano’s perspective brings a nuanced understanding to the debate. He’s not necessarily defending the status quo but rather advocating for a more measured and less disruptive approach. His warning resonates with those who believe in the importance of institutional stability, especially in the realm of finance. Senator Warren’s Alarm: A Financial Crisis Risk? Echoing Pompliano’s concerns, Senator Elizabeth Warren has also voiced strong opposition to the idea of firing Jerome Powell . Her warning is stark: such an action could “undermine investor confidence and trigger a financial crisis .” This isn’t just political rhetoric; it’s a reflection of the deep-seated understanding of how markets react to uncertainty and perceived instability. Warren’s statement underscores the gravity of the situation. The fear of a financial crisis is not unfounded. Historically, instances of political meddling with central banks have often been followed by economic turmoil. Maintaining the perceived and actual independence of institutions like the Federal Reserve is paramount for economic stability. The Crucial Role of Central Bank Independence for Financial Stability Why is central bank independence so vital for financial stability ? It boils down to several key factors: Benefit of Central Bank Independence Explanation Credibility and Trust An independent central bank is more likely to be seen as credible and trustworthy by markets and the public. This trust is essential for the effectiveness of monetary policy. Long-Term Focus Independent central banks can focus on long-term economic goals, such as price stability, without being swayed by short-term political pressures or electoral cycles. Expertise-Driven Decisions Decisions made by an independent central bank are typically based on economic expertise and data analysis, rather than political considerations. Reduced Inflation Bias Research suggests that independent central banks are more successful in controlling inflation over the long run. When political interference threatens this independence, all these benefits are put at risk. The markets become jittery, long-term planning becomes difficult, and the focus can shift from sound economic policy to short-sighted political gains. Navigating the Path Forward: Actionable Insights So, what can we take away from this discussion? Here are some actionable insights: Understand the Stakes: Recognize that the debate around firing the Fed chair is not just about personalities; it’s about the fundamental principles of central bank independence and financial stability . Stay Informed: Keep abreast of developments in monetary policy and the discussions surrounding the Fed. Reputable financial news sources and analyses from institutions like Pomp Investments can provide valuable insights. Engage in Constructive Dialogue: Promote discussions that emphasize the importance of institutional independence and the potential risks of political interference . Support Institutional Integrity: Value and advocate for institutions that are designed to operate independently and in the long-term best interests of the economy. Conclusion: Protecting Central Bank Independence is Paramount The warnings from Anthony Pompliano and Senator Elizabeth Warren are clear and compelling. Firing Fed chair Jerome Powell would be more than just a personnel change; it would be a seismic event with potentially devastating consequences for financial stability . It would set a dangerous precedent, erode investor confidence, and further politicize monetary policy. Protecting the independence of the Federal Reserve is not just an abstract principle – it’s a cornerstone of a stable and prosperous economy. Ignoring this crucial aspect could lead us down a path of increased volatility and heightened economic risk. The message is clear: central bank independence must be defended, not dismantled. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action.
On April 19, COINOTAG News reported that Bitcoin’s mining difficulty saw a significant adjustment, recorded at block height 893,088. This adjustment reflects a 1.42% increase, bringing the difficulty to a
XRP saw a modest rise but remains in a narrow trading range. Spot market conditions reveal low risk appetite among traders. Continue Reading: XRP Stays Steady as Market Uncertainty Looms The post XRP Stays Steady as Market Uncertainty Looms appeared first on COINTURK NEWS .
Binance Coin (BNB) has continued to show excellent market performance, going up between $575 and $591 over the last week. The cryptocurrency trended upwards between April 13 and April 19, 2025, with significant price leaps on April 17 and 18. As per latest figures, BNB registered a moderate 1.0% gain in the previous 24 hours. Related Reading: Bitcoin Dominates Q1: Altcoin Season Nowhere In Sight—Report BNB One Of Least Impacted By Market Declines While most cryptocurrencies have taken huge losses from their highs, BNB is among the only coins that has exhibited remarkable stability. According to on-chain statistics provider CryptoQuant, BNB, along with Bitcoin, has witnessed little declines compared to other altcoins that dropped as much as 90% from their highs. BNB: The Most Resilient Altcoin in the Crypto Market “While most altcoins have suffered drops of up to -98.5% from their all-time highs, BNB stands out alongside Bitcoin (BTC) as one of the least affected cryptocurrencies” – By @joao_wedson Link ⤵️https://t.co/QLQwJOkfF7 pic.twitter.com/T7Wa6sK6jQ — CryptoQuant.com (@cryptoquant_com) April 17, 2025 The cryptocurrency managed to hit a new all-time high in the recent market cycle, a feat few other digital currencies have achieved. CryptoQuant’s charts reveal BNB appearing in pale red on their charts, which is a much lesser decline compared to other cryptocurrencies that appear in darker shades of red. Common coins such as Dogecoin (DOGE), Cardano (ADA), and Polygon (MATIC) have experienced dramatic highs and lows with long stretches of lowering value before a rebound. Lesser-known cryptocurrencies such as COMP, DASH, and CAKE were hit the hardest when the market changed. Strong Ecosystem Supports BNB Value The good performance of BNB is not all about price action. CryptoQuant explains that BNB’s stability is due to its real-world applications within the Binance ecosystem. The coin has various roles on the Binance platform, such as being used to pay for transaction fees, trading fees, and running applications on the Binance Smart Chain. A lot of traders like to swap their altcoins for BNB, which keeps people wanting it. BNB has stayed useful over time, helping more people use it and making it one of the best-performing cryptocurrencies today. Market analyst Master of Crypto noted how real-life utilities of BNB put it several steps ahead of other cryptocurrencies without real-world applications. The utility of the coin to sustain the whole ecosystem of Binance will continue to reinforce its market value. Related Reading: Is Shiba Inu On Track To Dethrone Dogecoin? Here’s What The Experts Say Technical Signs Point To Neutral Outlook Despite the overall stability of BNB itself, the technical prediction at the moment would indicate a neutral outlook in the broader market. The Relative Strength Index (RSI) at 48.57 puts it in the middle ground with no strong push in any direction. This RSI reading just tells us that the market is in consolidation and that neither buyers nor sellers are gaining an edge. If the RSI crosses above 50, it would tell us that momentum is steadily building in the direction of the bulls. Conversely, if it drops below 45, what it could indicate is a deterioration of price strength. Featured image from Pixabay, chart from TradingView
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Our timelines were just filled with a bunch of pastel Miyazaki’s ghosts. Studio Ghibli-style AI generations have become the internet’s new favorite aesthetic. PFPs and marketing campaigns were reborn overnight in the watercolor warmth of Spirited Away. Selfies rendered as soot sprites. You might also like: Ethical AI content is better for creators and fans | Opinion The results are charming yet deeply unsettling. Why? Because Hayao Miyazaki didn’t draw them––and no one asked permission. This isn’t just a copyright problem. It’s an authenticity problem where there is a growing inability to see, trace, or understand the origins of the content that shapes our culture. In the chaos of AI-generated images and memecoins, we’re watching creativity get flattened, authorship obscured, and ownership erased. If that feels like a plague, it’s because it is. The unfettered mess unleashed by generative AI has caused a powerful use case for blockchain to emerge: proof of provenance and onchain verifiability for agentic creation. By anchoring content to public, immutable ledgers, blockchain enables creators to prove authorship, timestamp originality, license works programmatically, and track derivatives across the network—without relying on centralized gatekeepers. With the tools of blockchain, creators can participate in fairer, more transparent ecosystems that reward origin and empower open-source and composable content systems. The collapse of creative clarity Studio Ghibli has not been the only target. In late 2024, Philip Banks created Chill Guy, a laid-back dog meme that exploded into a half-billion-dollar meme token on Solana. But Banks never gave permission. His accounts were hacked. A false licensing deal was forged. When the truth surfaced, the token crashed 45% in 30 minutes. Now imagine that story playing out across every medium, on a global scale. That’s exactly what’s happening with OpenAI’s recent co-option of Studio Ghibli’s IP. Now, AI’s tools can mimic any voice, style, or aesthetic—trained on unlicensed data scraped from the internet and any medium it can consume. Amazon is replacing voice actors with AI. Manga localization is being outsourced to machines. Lawsuits from The New York Times, Getty, and independent artists are piling up. A major problem is that enforcement can’t keep pace with reproduction. The systems we rely on to manage content—from cloud drives to social platforms—cannot tell you where something came from. They fail at proving provenance and, in turn, fail the creators whose livelihoods depend on IP rights. We’re building the next generation of digital culture on a foundation of guesses, not guarantees. Creative authenticity requires new blockchain infrastructure We don’t need more IP lawsuits. We need new rails. Authenticity, or even lucidity—the ability to see clearly and act truthfully—is not just a philosophical idea. In a generative world, it’s a technical requirement. If we want to preserve creative integrity in the age of AI, we need infrastructure that makes origin, attribution, and authorship cryptographically native to every digital asset. Using content-addressable storage and Merkle tree structures, creators can hash their work and register it to a public chain. This hash becomes a permanent fingerprint of the original content. Smart contracts can define licensing conditions, automate royalties, and even govern remix rights. Each derivative, usage event, or ownership change is logged immutably—creating a verifiable timeline of creation, modification, and transaction. This doesn’t just protect artists. It improves the machines, too. With blockchain, creators can cryptographically register their work at the moment of creation. Every change, license, or remix becomes part of a transparent, tamper-proof timeline. Smart contracts can automate royalties. Attribution becomes verifiable. And usage becomes traceable—whether that’s a social post, a dataset, or an AI-generated derivative. This isn’t just hype. It’s a structural shift from guesswork to guarantees, from hearsay to hashes. Without it, artists will keep getting erased. Investors will keep getting rugged. And trust in the creative economy will continue to corrode. Building a truthful internet Freedom of communication and property rights are foundational principles in the canon of Western philosophy. We know that open communication channels and the rule of law to protect private property are the frameworks for building a free society. However, today, our creative systems are plagued with black-box models, closed-source platforms, and training systems on data without audit trails. We have mistaken this flood of content for an abundance of creativity when, in fact, it’s a hollow kind of plenty—one that undermines the creative people it imitates. If we want a future where new Miyazakis, Picassos, and myriad creators are possible––where artists can take risks without getting scraped into the next proprietary model––we must build systems that protect them by design. Blockchain is how we embed authorship into content, how we stop laundering aesthetics, and how we let creativity thrive without erasure. This is not just about bad actors. It’s bad architecture. And the cure isn’t outrage—it’s about provenance. Authenticity isn’t a luxury anymore. It’s a blockchain. Read more: Redefining trust and ownership in the creator economy | Opinion Author: Nirav Murthy Nirav Murthy is a co-founder at Camp Network and has previous experience as an Investment Banking & Growth Equity Associate at The Raine Group. Prior to that, Nirav worked as a Brand Ambassador at CRV. Nirav holds a Bachelor of Science in Business Administration from the University of California, Berkeley, Haas School of Business, and a Bachelor of Arts in Economics from the University of California, Berkeley.
Excitement is brewing in the decentralized finance (DeFi) space as a new token launch approaches! If you’re keeping a close eye on the Arbitrum ecosystem, you’ll want to pay attention to this. Dolomite, a promising DeFi platform launch built on Arbitrum, is set to unleash its native token, DOLO, into the crypto universe. Mark your calendars for April 24th – that’s when the Dolomite DOLO token launch officially kicks off! What is Dolomite and Why Should You Care About This DeFi Platform Launch? Dolomite isn’t just another DeFi platform launch ; it’s carving out a niche for itself within the rapidly expanding Arbitrum DeFi landscape. But what exactly is Dolomite? In simple terms, it’s a decentralized platform built on the Arbitrum layer-2 scaling solution for Ethereum. This means it aims to offer faster and cheaper transactions compared to the Ethereum mainnet, which is crucial for a smooth DeFi platform launch and user experience. Dolomite is designed to provide a suite of DeFi services, potentially including lending, borrowing, and trading, all within the Arbitrum DeFi ecosystem. Think of Arbitrum as a high-speed highway for Ethereum transactions, reducing congestion and costs. Dolomite leverages this efficiency to build a robust and user-friendly DeFi platform launch . For users, this translates to potentially lower fees and faster transaction confirmations when interacting with DeFi services on Dolomite. DOLO Token Generation Event (TGE): Key Details You Need to Know The heart of this announcement is the Dolomite DOLO token launch , also known as the Token Generation Event (TGE). Here’s a breakdown of what you need to know: Launch Date: April 24th is the big day! Token Name: DOLO Platform: Arbitrum (ARB) Total Supply: Capped at 1 billion DOLO tokens. Initial Circulating Supply: Approximately 361 million DOLO tokens will be available at launch. Centralized Exchange (CEX) Listings: Trading will commence on April 24th, with initial listings on CEXs like Kraken. This cryptocurrency listing on Kraken is a significant step for visibility and accessibility. Let’s visualize the token distribution: Metric Value Token Name DOLO Blockchain Arbitrum (ARB) Total Supply 1,000,000,000 (1 Billion) Initial Circulating Supply (Approx.) 361,000,000 (361 Million) CEX Listing (Initial) Kraken Launch Date April 24th Why is the Dolomite DOLO Token Launch Exciting for the Arbitrum DeFi Ecosystem? The Dolomite DOLO token launch is more than just another token entering the market. It represents growth and expansion within the Arbitrum DeFi ecosystem. Here’s why it’s generating buzz: Expansion of Arbitrum DeFi: Dolomite adds another valuable building block to the growing suite of DeFi applications on Arbitrum. This strengthens the entire ecosystem, attracting more users and developers. Increased Liquidity and Opportunities: The DOLO token can potentially bring increased liquidity to the Arbitrum DeFi space. New tokens often introduce fresh trading and investment opportunities for users within the ecosystem. Kraken Listing – Enhanced Accessibility: Listing on a major CEX like Kraken provides significant visibility and accessibility for DOLO. It makes it easier for a broader range of users to acquire and trade the token, contributing to its potential growth. This cryptocurrency listing on a reputable exchange is a strong signal of confidence. Community Growth: Token launches often foster community engagement and growth. The DOLO token could incentivize users to participate in the Dolomite platform and contribute to its development. Potential Challenges and Considerations for Dolomite and DOLO While the Dolomite DOLO token launch is exciting, it’s essential to acknowledge potential challenges and considerations: Market Volatility: The cryptocurrency market is known for its volatility. New token launches, including cryptocurrency listing events, can be particularly susceptible to price swings. Investors should be prepared for potential fluctuations. Competition in DeFi: The DeFi space is highly competitive. Dolomite will need to differentiate itself and offer compelling features to attract and retain users amidst established and emerging platforms. Platform Adoption: The success of the DOLO token is closely tied to the adoption and usage of the Dolomite DeFi platform launch . Active community participation and robust platform functionality will be crucial. Security Risks: DeFi platforms are targets for exploits and hacks. Dolomite will need to prioritize security measures to protect user funds and maintain trust. Actionable Insights: What to Do Next? Interested in the Dolomite DOLO token launch ? Here are some actionable steps you can take: Do Your Own Research (DYOR): Thoroughly research Dolomite, its team, the DOLO tokenomics, and the Arbitrum DeFi ecosystem. Understand the risks and potential rewards before making any decisions. Monitor Official Channels: Keep an eye on Dolomite’s official website, social media, and community channels for the latest updates and announcements regarding the Dolomite DOLO token launch and cryptocurrency listing . Understand CEX Trading: If you plan to trade DOLO on Kraken or other CEXs, familiarize yourself with CEX trading platforms and risk management strategies. Engage with the Community: Join the Dolomite community to learn from other users and stay informed about platform developments. Conclusion: A New Chapter for Arbitrum DeFi with Dolomite The Dolomite DOLO token launch on April 24th marks an exciting milestone for both the Dolomite platform and the broader Arbitrum DeFi ecosystem. As a new DeFi platform launch on Arbitrum, Dolomite has the potential to contribute significantly to the growth and diversification of decentralized finance. The cryptocurrency listing on Kraken provides a strong foundation for accessibility and liquidity. While challenges exist in the competitive DeFi landscape, the launch of DOLO represents a significant step forward for Dolomite and its vision within the innovative world of Arbitrum DeFi . Keep a close watch on April 24th and beyond as Dolomite embarks on this new chapter! To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum price action.
Hold onto your hats, crypto enthusiasts! The ever-vocal Bitcoin critic, economist Peter Schiff, is back in the ring, and this time he’s swinging hard at the very core of Bitcoin’s popular narrative: its identity as ‘digital gold’. According to a recent CryptoPotato report, Schiff has doubled down on his skepticism, branding the ‘digital gold’ marketing of Bitcoin as nothing short of a ‘fraud’. But is there any merit to his claims, or is this just another round of FUD (Fear, Uncertainty, and Doubt) from a known Bitcoin bear? Let’s dive deep into Schiff’s arguments and unpack what this means for the future of Bitcoin and your crypto portfolio. Is Bitcoin Really ‘Digital Gold’ or Just a High-Risk Asset? Schiff’s central argument, voiced on a recent X podcast, is that while Bitcoin is touted as the digital equivalent of gold, its trading behavior tells a completely different story. He asserts that true precious metals, like gold, act as safe havens, especially during economic turmoil. However, Bitcoin, in his view, behaves more like a highly speculative tech stock – volatile, unpredictable, and far from a store of value. Here’s a breakdown of Schiff’s key points: ‘Digital Gold’ Narrative is Misleading: Schiff believes that marketing Bitcoin as ‘digital gold’ is a deceptive tactic. He argues that gold has intrinsic value and a long history as a safe haven asset, while Bitcoin is purely speculative. Lacks Use Case Compared to Tech Stocks: He contrasts Bitcoin with tech stocks, which, despite their risks, represent ownership in companies with potential future earnings and real-world business growth. Schiff questions Bitcoin’s fundamental utility and real-world application beyond speculation. Extreme Volatility: Schiff points out Bitcoin’s extreme price swings, arguing that true safe-haven assets should exhibit more stability, especially during economic downturns. He sees Bitcoin’s volatility as a hallmark of a high-risk asset, not a store of value. No Solid Backing: Unlike traditional assets or even tech stocks backed by company performance, Schiff argues that Bitcoin lacks tangible backing, making its value purely dependent on market sentiment and speculation. To illustrate his point, Schiff highlights the recent market trends. While gold often sees increased demand during periods of economic uncertainty, Bitcoin tends to fluctuate wildly, often mirroring the movements of risky assets like tech stocks. This, according to Schiff, directly contradicts the ‘digital gold’ thesis. MicroStrategy’s Bitcoin Bet: A Ticking Time Bomb? Schiff didn’t stop at just criticizing Bitcoin’s core narrative. He also cast a dark shadow over MicroStrategy, now known as Strategy, the publicly traded company infamous for its massive Bitcoin holdings. With a staggering 531,644 BTC in its treasury, MicroStrategy is arguably the most prominent corporate believer in Bitcoin. However, Schiff predicts a grim future for the company, forecasting eventual bankruptcy due to its aggressive Bitcoin strategy. Why such a dire prediction? Overexposure to a Volatile Asset: Schiff views MicroStrategy’s massive Bitcoin investment as reckless overexposure to an extremely volatile asset. He believes that any significant downturn in the Bitcoin market could severely impact the company’s balance sheet. Leveraged Bet: MicroStrategy has often used debt financing to acquire more Bitcoin, amplifying both potential gains and potential losses. Schiff sees this leveraged bet as incredibly risky, especially if Bitcoin’s price declines sharply. Business Model Reliance on Bitcoin: MicroStrategy’s stock price is now heavily correlated with Bitcoin’s price. Schiff argues that this dependence makes the company vulnerable and its stock a proxy for a highly speculative cryptocurrency rather than a stable business investment. While MicroStrategy’s CEO, Michael Saylor, remains a staunch Bitcoin advocate, Schiff’s warning raises serious questions about the risks associated with such concentrated exposure to a volatile asset, especially for publicly traded companies and their shareholders. Decoding ‘Digital Gold’: What Does It Actually Mean? The term ‘ digital gold ‘ has become synonymous with Bitcoin within the cryptocurrency community. But what does it really mean, and why is this narrative so powerful? Proponents of the ‘digital gold’ narrative argue that Bitcoin shares several key characteristics with gold: Scarcity: Just like gold is a finite resource, Bitcoin has a capped supply of 21 million coins, making it inherently scarce. This scarcity is often touted as a key driver of long-term value. Decentralization: Both gold and Bitcoin are seen as decentralized assets, outside the direct control of governments and central banks. This decentralization appeals to those seeking alternatives to traditional financial systems. Store of Value Potential: Historically, gold has been used as a store of value, preserving wealth over long periods. Bitcoin proponents believe it can serve a similar purpose in the digital age, acting as a hedge against inflation and economic instability. Portability and Divisibility (Digital Advantage): Unlike physical gold, Bitcoin is easily portable across borders and highly divisible, making it practical for digital transactions and storage in the modern world. However, Schiff and other critics argue that these similarities are superficial and that Bitcoin lacks the established history, stability, and real-world utility of gold to truly earn the ‘digital gold’ title. They emphasize the speculative nature of Bitcoin’s price movements and its vulnerability to market sentiment and technological disruptions. Investment Risk: Navigating the Volatility of Bitcoin Peter Schiff’s critique ultimately boils down to the concept of investment risk . He firmly believes that Bitcoin is a high-risk asset, unsuitable for those seeking a safe haven or a reliable store of value. Understanding and managing investment risk is crucial for anyone venturing into the cryptocurrency market, particularly with Bitcoin. Here are key considerations regarding investment risk in Bitcoin: Price Volatility: Bitcoin’s price is notoriously volatile, experiencing dramatic swings in short periods. This volatility can lead to significant gains but also substantial losses. Market Sentiment Dependence: Bitcoin’s price is heavily influenced by market sentiment, news cycles, and social media trends. This makes it susceptible to rapid shifts in investor confidence. Regulatory Uncertainty: The regulatory landscape for cryptocurrencies is still evolving globally. Changes in regulations can significantly impact Bitcoin’s price and adoption. Technological Risks: While the Bitcoin network is generally secure, technological risks like smart contract vulnerabilities in related platforms or potential quantum computing threats remain concerns. Lack of Intrinsic Value (Argument): Critics like Schiff argue that Bitcoin lacks intrinsic value, making its price purely speculative and dependent on continued demand. For investors considering Bitcoin, it’s essential to acknowledge these risks and approach it as a potentially high-reward, but also high-risk asset class. Diversification, risk management strategies, and thorough research are crucial for navigating the volatile world of Bitcoin and cryptocurrencies. Actionable Insights: Making Informed Decisions About Bitcoin So, what are the actionable takeaways from Peter Schiff’s critique and the ongoing debate about Bitcoin’s identity? Whether you agree with Schiff or remain a Bitcoin believer, here are some insights to guide your crypto journey: Do Your Own Research (DYOR): Don’t blindly follow narratives, whether it’s ‘digital gold’ or ‘fraud’. Conduct thorough research, understand the technology, the market dynamics, and the risks involved before investing in Bitcoin or any cryptocurrency. Risk Assessment is Key: Honestly assess your risk tolerance. Bitcoin is not for the faint of heart. If you are risk-averse, consider allocating only a small portion of your portfolio to cryptocurrencies, or perhaps avoid them altogether. Diversify Your Portfolio: Don’t put all your eggs in one basket, especially a volatile one like Bitcoin. Diversify your investments across different asset classes to mitigate risk. Understand Volatility: Be prepared for significant price swings. Don’t invest money you can’t afford to lose. Understand that Bitcoin investments can be highly speculative. Stay Informed: The cryptocurrency space is rapidly evolving. Stay updated on market trends, regulatory developments, and technological advancements to make informed decisions. Conclusion: Navigating the Bitcoin Narrative Peter Schiff’s persistent criticism of Bitcoin, particularly his ‘digital gold fraud’ claim, serves as a crucial reminder to approach the cryptocurrency market with a healthy dose of skepticism and critical thinking. While the ‘digital gold’ narrative has undoubtedly contributed to Bitcoin’s popularity, it’s essential to understand the nuances, risks, and differing perspectives. Whether Bitcoin ultimately proves to be ‘digital gold’ or simply a high-risk asset remains to be seen. However, informed investors who understand the complexities and volatility of Bitcoin are better positioned to navigate this exciting yet unpredictable asset class. The debate continues, and only time will truly tell the final chapter in Bitcoin’s story. To learn more about the latest cryptocurrency market trends, explore our article on key developments shaping Bitcoin price action.
Chainlink maintains a price above $12, attracting trader interest. Key resistance and support levels could influence LINK's trading dynamics. Continue Reading: Chainlink Price Holds Strong: What Lies Ahead for LINK Traders? The post Chainlink Price Holds Strong: What Lies Ahead for LINK Traders? appeared first on COINTURK NEWS .
Key takeaways : Conflux price prediction indicates a recovery rally toward $0.07. Considering the current BTC market sentiment and rising buying demand among investors, the CFX price will reach $0.47 in 2025. In 2031, CFX might record a maximum price of $4.15. Conflux Network (CFX) is a high-speed layer 1 blockchain that combines proof-of-work consensus with proof-of-stake finality. Originating from China, it follows local regulations, earning it the nickname “Chinese Ethereum.” The network’s native CFX token serves various purposes, such as a store of value and governance token. You can also stake these tokens to earn passive income in more CFX tokens. When considering the future value of the CFX token in 2025 and beyond, our CFX network price prediction accounts for various factors that could influence its price. Analysts question: Can CFX price reach $1? Overview Cryptocurrency Conflux Network Ticker symbol CFX Rank 91 Price change 24-H +1.5% Market cap $844,938,661 Circulating supply 3,945,712,464 Trading volume 24h $53,989,272 All-time high $1.7 All-time low $0.02191 Conflux price prediction: Technical analysis Metric Value Current Price $0.07 Price Prediction $ 0.08046 (-2.56%) Fear & Greed Index 26 (Fear) Sentiment Bearish Volatility 11.83% Green Days 12/30 (40%) 50-Day SMA $ 0.104396 200-Day SMA $ 0.1469 14-Day RSI 40.86 Conflux price analysis: CFX faces a bullish pressure toward $0.07 TL;DR Breakdown: CFX price analysis shows that the CFX price surges toward $0.07 Resistance for CFX is at $0.0753. Support for CFX/USD is at $0.0666. The CFX price analysis for 19 April confirms that buyers are triggering an upward correction. In recent hours, CFX price is aiming for a recovery rally above $0.07. CFX price analysis 1-day chart: Conflux price buying demand toward $0.07 Analyzing the daily Conflux price chart, CFX’s price faced a surge in buying demand as buyers pushed the price toward $0.07. The price is aiming for a hold above immediate resistance channels but sellers are defending strongly. The 24-hour volume has surged to $4.3 million, showing increased interest in trading activity today. CFX price is currently trading at $0.07, surging over 1.5% in the last 24 hours. CFX Price Chart (1 day) on TradingView The RSI-14 trend line has surged from its previous level and trades at 42, hinting that buying pressure is on the edge. The SMA-14 level suggests volatility in the next few hours. CFX/USD 4-hour price chart: Bears aim for an immediate correction The 4-hour Conflux price chart suggests that bulls are strengthening their position to hold the price above the EMA lines. However, bears are aiming for a break below the immediate Fib channel. CFX Price Chart (4-hour) on TradingView The BoP indicator trades in a negative region at 0.43, showing that short-term sellers are taking a chance to accelerate a downward trend. However, the MACD trend line has formed green candles above the signal line, and the indicator aims for positive momentum, strengthening long-position holders’ confidence. Conflux technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $ 0.124408 SELL SMA 5 $ 0.120362 SELL SMA 10 $ 0.124434 SELL SMA 21 $ 0.119806 SELL SMA 50 $ 0.133515 SELL SMA 100 $ 0.160336 SELL SMA 200 $ 0.155836 SELL Daily exponential moving average (EMA) Period Value Action EMA 3 $ 0.120837 SELL EMA 5 $ 0.126944 SELL EMA 10 $ 0.137184 SELL EMA 21 $ 0.149835 SELL EMA 50 $ 0.16392 SELL EMA 100 $ 0.167775 SELL EMA 200 $ 0.173116 SELL What to expect from CFX price analysis next? The hourly price chart confirms that Conflux attempts to drop below the immediate support line; however, bulls are eyeing further recovery in the upcoming hours. If CFX’s price holds its momentum above $0.0753, it will fuel a bullish rally to $0.0829. CFX/USD price chart. Image source: TradingView If bulls fail to initiate a surge, the CFX token price may drop below the immediate support line at $0.0666, which may begin a bearish trend to $0.0623. Is Conflux a good investment? As CFX price has a solid user base in the Chinese crypto community, we might see profitable returns in the long term. As a result, it can be a good investment option in the future. Why is the CFX price up today? Buyers rebounded the price strongly from the $0.062 level, pushing it above immediate Fib levels. This resulted in a solid recovery toward $0.07. Will CFX Recover? If buyers defend the $0.07 level strongly, we might see a strong buying demand in the CFX price chart. What is the expected value of Conflux in 2025? In 2025, CFX price might reach a maximum value of $0.4773 Will CFX price hit $1? According to our predictions, we might see the CFX price hitting the $1 mark by 2027. Will CFX price hit $5? Depending on the current market sentiment and buying demand, the $5 milestone for CFX price is a distant dream. However, we expect the coin to attain this value by the end of 2050. Recent news/opinion on Conflux Ledger now supports Conflux CFX, enabling secure management through Fluent Wallet with upcoming integration into Ledger Live. Conflux Network price prediction April 2025 Conflux price has been bearish following Bitcoin’s drop below $100K. However, the active involvement of the US president in pushing the crypto market might trigger a surge in CFX price in April. If BTC price recovers above $100K, we might see a strong uptrend in CFX price. Expert prediction for Conflux in April expects a minimum price of $0.07 and a maximum price of $0.23 and an average price of $0.15. Conflux Price Prediction Potential Low Potential Average Potential High Conflux Price Prediction April 2025 $0.07 $0.15 $0.23 Conflux Network Price Forecast 2025 Conflux is expanding globally and promoting NFT education in China, which could boost CFX demand. The Conflux Network, as the only blockchain in China meeting regulatory standards, is well-positioned to attract Chinese investors. Although there is no roadmap beyond 2030, past updates suggest it could emerge as a leading layer 1 blockchain in 2025. The CFX price in 2025 is expected to range between $0.05 and $0.4773, with an average of $0.4123. Conflux Price Prediction Potential Low ($) Potential Average ($) Potential High ($) Conflux Price Prediction 2025 0.05 0.4123 0.4773 Conflux Network Price Predictions 2026-2031 Year Minimum Price ($) Average Price ($) Maximum Price ($) 2026 0.6022 0.6228 0.6951 2027 0.8739 0.905 1.06 2028 1.22 1.25 1.51 2029 1.79 1.86 2.11 2030 2.57 2.64 3.08 2031 3.11 3.48 4.15 Conflux price forecast 2026 The team has prepared 2.4 billion CFX tokens as grant awards to encourage developers to broaden its network. With each token priced at $0.2, this amounts to nearly $600 million. The value could rise if the token price goes up. In a bullish scenario, by 2026, the price of Conflux is predicted to bottom out at $0.6022. The peak price could be as high as $0.6951, with an expected average price of $0.6228 throughout the year. Conflux price prediction 2027 The analysis for 2027 suggests that Conflux will have a minimum price of $0.8739. The price may escalate to a maximum of $1.06, averaging around $0.9050. Conflux price prediction 2028 The Conflux price is anticipated to reach a minimum of $1.22 in 2028, a maximum of $1.51, and an average of $1.25 throughout the year. Conflux price prediction 2029 Predictions for 2029 show Conflux reaching a minimum price of $1.79. The price could climb to a maximum of $2.11, with an average of $1.86 over the year. Conflux price prediction 2030 In 2030, Conflux could trade at a minimum of $2.57. The price is expected to peak at around $3.08, with the average trading value likely to be $2.64. Conflux price prediction 2031 Predictions for 2031 show Conflux reaching a minimum price of $3.11. The price could climb to a maximum of $4.15, with an average of $3.48 over the year. Conflux price prediction 2025 – 2031 Conflux market price prediction: Analysts’ CFX price forecast Firm Name 2025 2026 Gov.Capital $0.45 $0.66 DigitalCoinPrice $0.57 $0.78 Changelly $0.459 $0.54 Cryptopolitan’s Conflux (CFX) price prediction At Cryptopolitan, we are bullish on Conflux’s future price as the historical market sentiment is extremely impressive. The CFX price in 2025 is expected to range between $0.3979 and $0.4773, with an average of $0.4123. However, the future market potential for Conflux entirely depends on its buying demand, regulation in China, and investor sentiment in long-term holding. We expect the CFX price to reach as high as $0.65 by the end of 2027. Conflux historic price sentiment Conflux price history | Coinmarketcap Conflux launched at approximately $0.08 in late 2020 and reached an all-time high of $1.70 on March 27, 2021, during a crypto bull run. It dropped below $1.00 in May and ended the year at $0.1994. Conflux experienced significant losses, falling below $0.10 by mid-May 2022 and closing the year at $0.02198 after a nearly 90% annual decline. Starting the year 2023 at an all-time low of $0.02191, CFX rose above $0.30 in February following a partnership with China Telecom and peaked above $0.40 several times in March and April. It declined to $0.278 by June due to SEC lawsuits, dropped to $0.125 in August, and closed the year at $0.185. By January 2024, CFX increased to $0.2323 and surged above $0.51 in March before falling to $0.2. It consolidated around $0.22 in April and May, dropped to $0.13 in June, and oscillated between $0.11 and $0.25 from July to October, ending November near $0.2. In December, the price of CFX dropped toward the low of $0.15. Conflux began trading at $0.1561 in January 2025 and hovered between $0.144 and $0.15. However, CFX price declined in February, dropping below the crucial $0.1 mark. In March, the price of CFX dropped further as it recorded a low around $0.067.