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The cryptocurrency market traded in mixed fashion on Monday, with Bitcoin (BTC) and Ethereum (ETH) drifting lower while a handful of large-cap altcoins posted modest gains—an indecisive setup that suggests traders are still searching for a near-term direction. As of Monday 3:04 a.m.

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Most Bitcoin price predictions are just numbers. Scaramucci just made an argument. In a tweet that is circulating widely, SkyBridge Capital founder Anthony Scaramucci laid out why he believes Bitcoin does not just compete with gold, but outclasses it. “A dollar bill is made of linen and cotton.

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OKX just went live with Event Contracts. The new product lets traders predict where Bitcoin and Ether prices will land, and it's available starting today across Asia, Latin America, and the Commonwealth of Independent States.

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The price trajectories of Bitcoin and gold are diverging, leading investors to seek out other forms of "digital gold." Gold-backed stablecoins are now surging in popularity, led by cryptocurrencies such as PAX Gold.