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Peter Schiff's Bold Pivot: Ordinals Reign Supreme Over Gold
Peter Schiff, a well-known crypto-skeptic, economist, and fervent advocate for gold, has shocked the crypto world with a surprising twist. Despite his public opposition to Bitcoin, Schiff has launched his own NFT collection on the Bitcoin protocol, Ordinals. Synthetix Review: Fake Assets or a Promising Niche?
Synthetix is a decentralized liquidity layer that operates on both Ethereum and Optimism. Its principle is based on creating synthetic assets, which are pegged to the price of cryptocurrencies, fiat currencies, or even precious metals such as gold or silver. 
Gold Coast will consider the possibility of using cryptocurrencies by taxpayers
The fall of the cryptocurrency market, observed over the past six months, does not frighten Australian officials. Gold Coast Mayor Tom Tate suggests exploring the possibility of using digital currencies to pay taxes in the future. 
In October 2022, a user purchased NFT BAYC #8585 for 777 ETH but recently sold it for 153 ETH, experiencing a loss of over 80% of the original value. This NFT is considered very unique due to the rare fur and gold crown features. The new owner, on the other hand, boasts of his new acquisition, though he already has a wide variety of NFTs in fifteen different collections. BTC and PAXG Chart Analysis for July 12, 2023
In light of the US inflation data set for release on July 12 at 8:30 AM ET (12:30 PM UTC), it's captivating to assess the state of market assets like gold, along with Bitcoin. Here's our breakdown of the market conditions for the cryptocurrencies Bitcoin (BTC) and PAXG (Pax Gold). 
NVIDIA Finds a New Gold Mine in AI
In a recent interview with The Guardian, Michael Kagan, the CTO of well-known GPU manufacturer NVIDIA, made a bold statement about cryptocurrencies. According to him, despite the fact that the industry has brought the company huge profits in 2021, cryptocurrencies do not provide any value to society. 
Why crypto is called a digital gold
Cryptocurrency may eventually become a good alternative to gold. These assets share a lot in common, and the differences only work in the cryptocurrency's favor. Additionally, millennials, who could form the foundation of the investment market, would never even consider buying gold.