In March 2019, an anonymous individual by the pseudonym “PlanB” astonished investors when he published “Modeling Bitcoin Value with Scarcity,” and introduced his now famous Stock-to-Flow (S2F) model. The model predicted exponential growth of the bitcoin market value, with what purported to be sound scientific methods. A year later, he introduced the Stock-to-Flow Cross Asset (S2FX) model, which includes gold,…
The dire predictions calling for the onset of an extended bear market may have been premature as prices appear to be in recovery mode on Jan. 26 following a signal from the U.S. Federal Reserve that interest rates will remain near 0% for the time being. After the Fed announcement from, prices across the cryptocurrency market began to rise with…
Real Bedford FC partnered with OpenNode to accept bitcoin payments.The club will accept BTC for game tickets, merchandise, sponsorships, and concessions.Real Bedford will also soon start paying players and staff with bitcoin. Real Bedford, the world’s first football club to operate on a Bitcoin standard, has formed a partnership with payment processing company OpenNode to further empower its goal of…
sponsored ETH in Mellieha is the latest in a long line of NFT experiments that aim to challenge traditional values and concepts of art and ownership. This particular project is being advised by Mamo TCV Advocates, one of Malta’s leading law firms. At the core of ETH in Mellieha is an Oil Painting that No Longer Exists Local artist Debbie…
Bitcoin spiked towards $39,000 right after the release of the Federal Open Market Committee’s statement declaring interest rates would remain unchanged but quickly retraced back down to trade in neutral territory as Federal Reserve Chair Jerome Powell went live in a press conference to address the future of U.S. monetary policy. Powell reiterated that the committee is focused on maintaining…
The digital currency asset manager Valkyrie has applied for an exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The fund plans invest at least 80% of its net assets into firms that derive at least 50% of their revenue from the bitcoin mining industry. Valkyrie’s Proposed ETF Targets the Bitcoin Mining Industry The crypto asset manager Valkyrie…
Polygon (MATIC) emerged as one of the best performers among high-ranking cryptocurrencies on Jan. 26 as the price rose nearly 17% to reach an intraday high at $1.825. The gains surfaced amid a synchronous rebound across the crypto market that started on Jan. 24. In detail, investors and traders poured in over $250 billion across digital assets, benefiting Bitcoin (BTC), Ether…
The Federal Reserve announced today that interest rates will remain at 0%, with the first rate hike this year planned for March. The press release coincided with a spike in the price of Bitcoin from under $37,800 to $39,200 in the span of 20 minutes. But as quickly as the price of BTC rose, it fell back to its previous…
The Fight For Bitcoin, Round Three “Metadata absolutely tells you everything about somebody’s life. If you have enough metadata you don’t really need content.” – Former NSA General Counsel Stewart Baker The Lightning Network is becoming synonymous with the future of Bitcoin, and not without reason. If Bitcoin is going to become an open monetary network that can service the…
The U.S. Securities and Exchange Commission has extended its window to approve the ARK 21Shares Bitcoin exchange-traded fund (ETF) originally proposed in July 2021. According to a Tuesday filing from the SEC, the regulatory body will push the deadline for approving or disapproving the ARK 21Shares Bitcoin ETF from Feb. 2 for an additional 60 days, to April 3. SEC…
