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bitcoinist.com Ethereum Has A Fundamental Problem, Warns Cyberphunk Nick Szabo

Legendary cyberphunk Nick Szabo and Ryan Watkins, co-founder of Syncracy Capital, laid out opposing frameworks for understanding Ethereum’s rally and its valuation mechanics in a pair of X posts — and together they read like a point-counterpoint on what actually drives Layer-1 prices. Ethereum Price Has Nothing to Do With Utility Szabo’s core claim is […]

news.bitcoin.com Bitcoin Miners Feast While Crypto Market Fumbles — IREN, Cipher, and Cleanspark Rise Above

On Tuesday, as the entire crypto market slipped more than 2.5%, publicly traded bitcoin miners (36 of them, but not all) strutted in the opposite direction, chalking up a 4% gain during the stock market’s trading session. Bitcoin Miners Ignore the Bloodbath Bitcoin mining stocks turned Wall Street into their own stage during the week’s […]