CRYPTO

Authored by Nik Hoffman via BitcoinMagazine.com,

Jurrien Timmer, Fidelity’s Director of Global Macro, recently made a notable statement about Bitcoin, describing it as "exponential gold" and an emerging player on the "store of value" team.

Timmer's comments were shared through a series of posts, where he elaborated on Bitcoin's evolving role in the financial ecosystem.

Timmer highlighted Bitcoin's unique position in the market, and compared its growth trajectory to the exponential adoption curves seen in technologies like the internet and mobile phones. He emphasized that Bitcoin’s scarcity and growing acceptance as a digital asset contribute to its potential as a long-term store of value, akin to gold.

Jurrien Timmer

In his posts, Timmer suggested that its adoption rate and network growth are critical factors in its valuation.

He noted that while Bitcoin is still in its early stages compared to traditional (more…)

Authored by Helen Partz via CoinTelegraph.com,

According to Tether CEO Paolo Ardoino, Bitcoin is unique among the more than 14,000 various cryptocurrencies because it is the only one that is not centralized.

Bitcoin is the only decentralized currency, Ardoino said in an interview with Cointelegraph on June 13 at the Bitcoin-only conference, BTC Prague.

“Bitcoin is the only example of a currency that is only ruled by math that basically cannot be changed,” Tether CEO (more…)

Fox Business reporter Eleanor Terrett reports, via X, that SEC Chair Gary Gensler envisions Ether ETF approval by the end of the summer.

He made the comments during a hearing on the SEC's budget.

For now, Ether prices have reacted only (more…)