PANews reported on December 7 that Bitcoin Magazine published an article on the X platform, stating in a report that the main use of Bitcoin in the decentralized financial world seems to be as a value storage tool, namely "digital gold"; so far, speculative interest seems to have played an important role in the growth of digital tokens, and the market value of digital assets has a low correlation with other financial assets and real assets.
U.S. Treasury Department Report: Bitcoin plays the role of a "digital gold" value storage tool in decentralized finance
- 2024-12-07
Hyperliquid open interest exceeds $3.5 billion, setting a new record
- 2024-12-07
Analyst: Ethereum's current trend is similar to that of 2016-2017, and may see explosive growth
- 2024-12-07
Amber Group's BGB market-making address received 15.36 million tokens two years ago and has now increased in value to $44.7 million
- 2024-12-07
The market value of Bitwise Bitcoin ETF holdings returns to above $4 billion
- 2024-12-07
Next week's macro outlook: The Fed enters its regular silent period, and CPI data may create suspense about interest rate cuts
- 2024-12-07
The U.S. Ethereum ETF received $836.8 million this week, setting a record for the highest weekly inflow so far