NFTs and the Patronage Model

Can NFTs carve out a new model for media files as public goods?

Eye-scan crypto, Worldcoin criticized as 'MLM Ponzi business model'

If you want crypto but don't have the cash to spare, you still have something to give in exchange: your eyeballs.

Cryptosnake: New DeFi NFT Game Based on Snake

[Featured Content] In recent months, DeFi-based non-fungible token (NFT) games have been pumping to record highs, accumulating tens of thousands of users globally.  They adopt the play-to-earn business model that allows gamers to earn crypto rewards while playing their favorite games.  There are thousands of NFT games already in the market, and more are being […]

New proposal aims to raise Binance Coin value by burning BSC fees

The new BEP might decrease the total amount of BNB that validators and delegators obtain from staking. Amid the ongoing rally of Binance’s native token, Binance Coin (BNB), the developers of Binance Smart Chain (BSC) have proposed more measures to maintain the token’s deflationary model and improve its intrinsic value.According to a new Binance Evolution Protocol, BEP-95, BSC developers are considering introducing a real-time burning mechanism for a portion of gas fees to reduce BNB supply and drive BNB value higher by increasing the demand.

Australian Senate committee proposes regulatory model for crypto

The widespread crypto-economy has led a Senate committee on the Australia as a Technology and Financial Center [ATFC], to present its final report in Parliament to regulate the global digital economy.The post Australian Senate committee proposes regulatory model for crypto appeared first on AMBCrypto.

Mudrex launches DeFi mutual fund model for retail investors

The crypto firm is expected to offer investment options for DeFi and NFT assets.

Square to Consider Building a Bitcoin Mining System

Payments service provider Square is looking to develop a bitcoin mining system, the company’s CEO Jack Dorsey tweeted on Friday.“Square is considering building a Bitcoin mining system based on custom silicon and open source for individuals and businesses worldwide,” Dorsey wrote.In his threaded tweets, Dorsey wrote that mining needs to be more distributed and energy-efficient, and that silicon design is too concentrated into just a few companies, leading to reduced supply.He also said that mining should be more accessible to everyone, and he was soliciting thoughts on whether Square should pursue the project or not, and why or why not.Dorsey wrote that if the payments service provider begins the initiative, it would follow the open-source model it is using to build a hardware wallet.Square hardware lead Jesse Dorogusker will “start the deep technical investigation required to take on this project,” Dorsey wrote.Dorogusker is also leading the wallet project, tweeting in July that he was assembling a team to focus on that initiative.Dorsey has been an enthusiastic supporter of bitcoin, believing that the cryptocurrency has great potential.

Revolve Games Adds New Dimensions to Play-to-Earn Blockchain Gaming

PRESS RELEASE. Playing games has taken another dimension entirely through a new play-to-earn model that makes earning generating crypto revenue easier than ever.

Trading App Robinhood Issues Warning About Crypto Regulation Hurting Their Business Model

Trading app giant Robinhood is issuing a warning about the potential damage future crypto regulations could do to its business.

The Metaverse, play-to-earn and the new economic model of gaming

The gaming industry is rapidly growing, and the emerging play-to-earn model coupled with blockchain and the Metaverse is the future. The gaming industry, which has always been synonymous with fun, has grown massively in recent times, and a lot of money is now being mentioned when gaming comes up.

Ethereum-Based Blogging Platform Mirror Opens Up to Everyone

The Ethereum-based publishing protocol is moving past its popularity contest model while eyeing subscriptions and other new features ahead.

Massive airdrop and AXS staking catapult Axie Infinity to a new all-time high

Axie Infinity's price surged to a record high above $118 following the release of a huge airdrop to early supporters and the launch of staking for AXS token. Airdrops have become the cryptocurrency ecosystem’s equivalent of stimulus checks over the past couple of years and further proof of this can be evidenced from popular protocols like Uniswap and dYdX which rewarded their early adopters with token drops that are now worth $30,000 to $2 million.The latest protocol to surprise its userbase with a wallet fattening airdrop was Axie Infinity (AXS), a blockchain-based battle game that has risen in prominence over the course of 2021 as users embrace its play-to-earn (P2E) gaming model.

What Uber and Bitcoin Have in Common

Designed Model vs. Customer Experience Products and services never wind up functioning exactly as they were planned.

Glass Chain/GLS Leads the Industrialization of the Blockchain Entity takes an Amazing Step

With 2021 being a new period for technology, the digital industry is recognized as entering the new smart economy era of “technological and business model innovation”.

Bhutan Partners With Ripple to Pilot Digital Ngultrum on a Private Ledger

The Central Bank of Bhutan, the Royal Monetary Authority (RMA), has partnered with Ripple to start testing a model of its central bank digital currency (CBDC) using Ripple’s technology.

Hackers Compromise Web Portal Bitcoin.org — DNS Hijack Replaces Site With BTC Doubler Scam

On Thursday, the pseudonymous operator of Bitcoin.org told the public on Twitter that the web portal has been “compromised.” The operator, Cobra, explained that the hackers were able to implement a bitcoin doubler scam model and stressed that the site would be down for a “few days.” Website Operator Cobra Warns Bitcoin.org Has Been Compromised […]

Central Banks Look To Two-Tier Retail CBDC Model Amid Disruption Fears

ral-banks-seek-to-balance-innovation-and-disruption-when--PBC_1303486">report by international risk assessment firm Moody’s.  “Based on existing and proposed pilot schemes, CBDC development is being done in conjunction with existing financial market infrastructure, the two-tier ...

Bitcoin.com Doubles Down on Non-Custodial Model

Bitcoin.com, in line with its vision to support ‘economic freedom,’ is refocusing its efforts on non-custodial, or ‘self hosted,’ crypto products, including exchange.

Say Goodbye to the Centralized Metaverse and Hello to the NFT Metaverse

The centralized metaverse is a term used to describe the dominant model of virtual worlds that was developed by companies like Linden Lab.

Model Suggests BTC Price Floor Is $39K, Survey Shows Hope for Year-End $100K Bitcoin Price

Bitcoin prices have been better after the second week of September, hovering around $46.5K to $48.5K per unit during the last two days.

New Bitcoin price model suggests BTC won't go below $39K again

The illiquid supply floor demands the preservation of levels not far below $40,000 as supply drops and demand surges across the board. Bitcoin (BTC) must cost at least $39,000, says a new tool combining two of its most powerful metrics.In a tweet on Sept.

Bitcoin historical data reveals strategy to pick the right iPhone 13

As Apple unveils a wide range of iPhone 13 models this week, crypto enthusiasts can benefit from a data-driven strategy. Bitcoin (BTC) and Ether (ETH) historical data make selecting the right Apple iPhone 13 model quite easy for crypto enthusiasts. Apple unveiled four different smartphone models on Sept.

New report reveals top-graded exchanges at three-year peak volume dominance

The CryptoCompare report ranked the performance of several crypto exchanges across metrics such as security and asset diversity to conclude their findings. Recent data from market analyst firm CryptoCompare reveals that the leading six cryptocurrency exchanges, as per the company's analytical model, were responsible for a three-year high in spot volume throughout the month of August. The metric grades all cryptocurrency exchanges across a multitude of areas — including legal/regulatory cases, data provision, security and market quality, among others — and ranks them in a list accordingly.

NFT will Become the Revenue Model of Metaverse,Co-founder of Tether William Quigley says

William Quigley, the co-founder of the stablecoin- Tether (USDT), said the business model would undergo radical changes in the future.

Tech platform JuicyFields plans to produce 75 tons of harvest in 2021

Being a fast-paced company in the medicinal cannabis industry and the founder of a crowd-growing (e-growing) business model, JuicyFields has broken many boundaries.

How the Bitcoin model can solve the social media dilemma

Decentralized social media platform built on the Bitcoin model puts privacy first in its new messenger that can send crypto. Social media platforms are constantly under fire for their lack of total end-to-end encryption, existing privacy policies and censorship – but a blockchain-based solution might spell the end to an era of centralized social media dominance.In many ways, social media is a vital component of daily life for both businesses and the average consumer.

'Conservative' BTC supply shock metric now says Bitcoin should cost at least $55K

The supply shock valuation model delivers an extra reason to be long-term bullish on upward price movement. Bitcoin (BTC) should cost at least $55,000 per coin according to one metric measuring its so-called “supply shock.”In a tweet on Sep.

Tech Platform JuicyFields Plans to Produce 75 Tons of Harvest in 2021

Disclaimer: The text below is a press release that was not written by Cryptonews.com. Being a fast-paced company in the medicinal cannabis industry and the founder of a crowdgrowing (e-growing) business model, JuicyFields has broken many boundaries.

PlanB: S2F Model Predicts Bitcoin To Break $100k By Christmas

PlanB, the popularizer behind the Bitcoin S2F method, says the model predicts BTC will break $100k by this Christmas.

PARSIQ Introduces New Subscription Model as World’s First Decentralized SaaS Powered by IQ Protocol

The ability for companies to create their business models by issuing tokens is advancing the FinTech industry as we know it.

Fairspin Reveals the Launch of TFSbeta Token for Gamers

[PRESS RELEASE – Please Read Disclaimer] In what promises to be the first of many developments, blockchain casino Fairspin has revealed the adoption of the play-to-earn model on its platform.

Epic NFT Heroes Formula: NFT Collectibles, Gaming Metaverse, a Play-to-Earn Model and Yield Farming

With the trading volume and number of NFT projects always on the increase, it’s getting harder and harder to compete for users and bring innovative products to the market.

Plan B’s Stock-to-Flow Bitcoin Price Model ‘Predicts $100K by Christmas,’ S2F Creator Discusses ‘Time Model’

The pseudo-anonymous bitcoin analyst called Plan B gave his 704,000 Twitter followers an update on the notorious stock-to-flow (S2F) bitcoin price model.

Adam Back and Stock-to-Flow Model Anticipate Bitcoin (BTC) to Reach $100K by The End of 2021

Bitcoin's USD value will skyrocket to $100,000 in the upcoming months, according to Adam Back, Florian Grummes, and the S2F model.

Stock-to-flow Model Suggests Second Leg of Bitcoin Bull Market Imminent

The popular stock-to-flow Bitcoin pricing model is still showing positive signs and a possible second leg for the current bull market.

PlanB Maintains $100K Bitcoin Prediction, Reveals When His Model Would Be Invalidated

Quantitative analyst PlanB says he believes that his end-of-year price forecast for Bitcoin will be realized.

S2F Creator Beckons Beginning Of Second Leg Of Bitcoin Bull Run

PlanB, the popularizer of the Bitcoin stock-to-flow (S2F) model, says the current bull run still has a second leg remaining.

India Plans to Unveil Central Bank Digital Currency Model by Year End

The deputy governor of India’s central bank, the Reserve Bank of India (RBI), says the bank should be able to come up with a central bank digital currency (CBDC) model by the end of this year.

S2F Creator Plan B ‘Reconfirms’ His Confidence in Bitcoin Forecast — ‘This Bull Is Not Over and $64K Was Not the Top’

Last month, the popular bitcoin analyst and creator of the stock-to-flow price model, Plan B, explained that he believed the “bull is not over.” On August, 6, Plan B is still showing confidence in his forecast and reconfirmed his message from last month.

Play-to-earn games are the catalyst for this bullish period in the markets

The gaming industry is going through a massive growth phase, and the play-to-earn model opens new opportunities for blockchain gaming. If you're conversant with the cryptocurrency space and you keep tabs regularly on the happenings going on in the ecosystem, then you felt the excitement during Bitcoin's (BTC) rally to $63,000 in mid-April.

India might launch its CBDC model by December 2021, but here's the problem

While regulatory clarity on the question of cryptocurrencies is still lacking, India is ramping up its efforts to develop its own central bank digital currency [CBDC].

Bitcoin’s S2F Model is Flawed, Argues CryptoQuant CEO

CryptoQuant's CEO believes the BTC stock-to-flow model deviates from its price projection because it's flawed, but is it really?

Trend Line Touch Could Send Bitcoin On A Tear

Popular Bitcoin model Stock-to-Flow (S2F) shows BTC has touched a trend line that has historically sent the crypto flying.

More like 'shock-to-flow' — BTC price hits bull trigger as mystery buyers scoops up supply

Someone is buying "a lot" of Bitcoin this week as stock-to-flow deflection reaches a level which traditionally sparks a serious price surge. Bitcoin (BTC) is due for a fresh price surge if one classic price model repeats historical behavior — and buyers are still supporting it.In a tweet on Aug.

How yield farming on decentralized exchanges can become less risky

DeFi brings an opportunity to access the yields unseen in traditional finance, now with the competitive risk levels. The DeFi industry has been gaining momentum since 2020, offering a new perspective on the world of finance and a new way for investors to make money. In its essence, DeFi, also known as Decentralized Finance, is an ecosystem of applications and services built on public blockchains.Yield farming and staking are gaining momentum on the DeFi market right now.Farming, but with yieldsYield farming, often referred to as “liquidity mining,” is a lucrative way to make money using the cryptocurrency you already have.Simply put: you lend your crypto assets to a decentralized platform through smart contracts and without intermediaries,  and you get rewarded for it. This process is a so-called automated market maker (AMM) model, but in crypto: it involves liquidity providers, users who deposit their assets, and liquidity pools, all the assets at decentralized exchanges available for trading.In most cases, liquidity providers get governance tokens in return for depositing their crypto assets.This process resembles the way bank loans work: the bank loans a person money and expects it to be paid back with interest.

Ex-Bank of China Chief Issues DeFi Warning

The former head of the commercial banking giant the state-owned Bank of China has sent out a warning about decentralized finance (DeFi) and cryptocurencies. Per the 21st Century Business Herald, via East Money, Li Lihui, who was appointed President of the Bank of China in 2004, stated that “decentralized finance has provided a challenge to the traditional model of

Race cars and earn cryptocurrency with Riot Racers

The gaming industry has grown exponentially in the past few years, and the play-to-earn gaming model is leading the way with an innovative approach that puts the gamer in the driver’s seat.

Crypto Cashback App Eco Raises Another $60M, Is Monitoring BlockFi Situation

Eco boosts its funding total to $95 million and is "closely watching" the regulatory issues facing BlockFi, which uses a similar business model.

Binance Centralization, Bullish Pilot, Monero Bug, Mastercard Program + More News

Changpeng Zhao, CZ. Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ____ Exchanges news Binance wants to set up regional headquarters and be recognized by local regulators as a financial institution, as the exchange would be breaking from its earlier decentralized model,

Bitcoin Price to $5 Million? S2F Model Creator Explains His Long-Term Prediction

PlanB explains why he sees bitcoin trading at $5 million in the future and for that, he is not selling his BTC.

Stock-to-flow model possibly invalidated as Bitcoin price loses $30K

Plan B’s stock-to-flow model is the closest it’s ever been to being invalidated as Bitcoin stagnates in the $30,000 range. As the price of Bitcoin (BTC) continues to struggle around the $30,000 mark, the widely accepted stock-to-flow (S2F) model to price Bitcoin, coined by Twitter user and unnamed Dutch investor Plan B, is now the farthest from its estimates. The model was popularized by the Twitter pseudonym more than two years ago in March 2019 and amid a minor bull through Q1 2019.

Is Stock-To-Flow Crypto Analysis Still Valid? Coin Bureau Looks at State of Prominent Model

Guy, the host of Coin Bureau, is weighing in on the widely-followed stock-to-flow (S2F) trading model popularized by the analyst known as PlanB.

Shapeshift to Dissolve Corporate Model, Platform Airdrops FOX Tokens to Community of Users

Founded on July 1, 2014, Shapeshift has been offering global trading of a variety of digital assets for seven years.

Could You Build a Better Way to Wiki? Free TON Launches Contest With Over $80,000 in Crypto

Free TON, a decentralized international community of developers and enthusiasts, have launched a brand-new contest to rework the Wikipedia Governance model, and there are thousands of dollars worth of rewards on offer.

Stock-to-Flow Bitcoin Price Model Criticized as BTC Price Ratio Matches 2019 Statistics

During the last week, crypto enthusiasts and traders have been discussing the stock-to-flow (S2F) bitcoin price model created by the pseudonymous crypto analyst “Plan B.” Despite Plan B’s worst and best case scenario calls on June 20, a touch over a week later the analyst said the “next 6 months will be make or break […]

Great buy? Bitcoin trades at record 59% below stock-to-flow BTC price model target

Bitcoin has never been so far below where stock-to-flow predictions call for it to be. Bitcoin (BTC) has never been as far below its target price as it is now, the stock-to-flow model shows this week.In a tweet on July 10, Lex Moskovski, chief investment officer at Moskovski Capital, showed stock-to-flow flagging a historic moment in Bitcoin's twelve-year lifetime."Great buying opportunity"With BTC/USD showing few signs of a genuine bullish recovery, the pair has been drifting ever further from the price that the stock-to-flow price model calculates it should have.Stock-to-flow is arguably the most popular of the Bitcoin forecasters, and has historically tracked BTC price action with surprising accuracy, taking every anomaly into account to remain valid.As Cointelegraph reported, however, current behavior is giving stock-to-flow a run for its money, and as of now, its target price comparatively has never been so far from reality."Negative Stock-To-Flow deflection is the highest it's ever been in the whole Bitcoin history," Moskovski commented.

How Cardano’s Catalyst Circle Will Improve Its Governance Model

Cardano has been moving fast into full decentralization.

AXIA To Launch Its Own Dedicated Digital Currency Banking Platform

Disclaimer: The text below is a press release that was not written by Cryptonews.com. AXIA Capital Bank aims to embed AXIA Coin, it’s proprietary digital currency, into several ecosystem applications that will change the economic model to benefit the many rather than the few.

The Wyckoff Accumulation: Why Is Bitcoin at a Critical Level According to the Model?

Bitcoin's price performance lately has followed the Wyckoff Accumulation Schematic, with investors speculating on what's coming next, according to the popular model.

Axie Infinity Economy Booms as NFT Sales Rise

Axie Infinity, an Ethereum based game, is now one of the biggest successes of the play-to-earn model.

Bitcoin mining difficulty just fell by a record 28% — But will this help BTC price recover?

The ratio of Bitcoin price to hash rate presents bulls with a long wait, as hash rate is still migrating. Bitcoin (BTC) has recorded its biggest mining difficulty drop of nearly 28% on July 3, but one model suggests that the BTC price will not bottom until October.In a series of tweets on July 2, investment manager Timothy Peterson flagged the relationship between Bitcoin price and hash rate as arguable evidence that the dip is not over.Bitcoin network hash rate 7-day average.

S2F Model Predicts: Bitcoin Won’t Close Below $47K in August

PlanB believes BTC's bull run is just on pause and predicted that the cryptocurrency will go above $47,000 by the end of August this year.

Plan B: The Next 6 Months Will Make Or Break Famed Bitcoin Model

The next 6 months will make or break S2F, the most famous Bitcoin model, says PlanB who popularized the method.

Bitcoin posts third monthly red candle with Stock-to-Flow price model echoing early 2019

It's January 2019 all over again as Bitcoin deviates from stock-to-flow's estimates the most in two-and-a-half years. Bitcoin (BTC) closed its third red monthly candle in a row this week as a popular analyst likened BTC price action to January 2019.In a tweet on July 1, PlanB said that BTC/USD is now the furthest away from his stock-to-flow model's estimates in over two years.Stock-to-flow "make or break"After May's huge capitulation event, Bitcoin price action has failed to regain lost ground, staying around 50% below recent all-time highs.As a result, price models are getting a serious test — even as on-chain indicators are beginning to flash bullish again.In the case of stock-to-flow, which calls for an average price of at least $100,000 this halving cycle, the situation is getting precarious.Famous for its accuracy, the model has accounted for every twist and turn in BTC price action since its inception.

FTX Partners With Tom Brady and Gisele Bündchen in Long Term Deal

FTX Trading Limited has announced the company has partnered with seven-time Super Bowl Champion Tom Brady and Brazilian model Gisele Bündchen in a long-term deal.

Why Centralized Exchanges (CEXs) Are Losing Popularity to Decentralized Exchanges (DEXs)

Centralized Finance (CeFi) is the fundamental model of the traditional financial ecosystem, which comprises stakeholders such as monetary oversight bodies, regulators and financial institutions.

NBA, MLB, E-sports, And Now Bündchen & Brady Join FTX's Marketing Team

Source: A screenshot, Instagram/tombrady US-based model, activist, and businesswoman Gisele Bündchen and American football star Tom Brady have taken an equity stake in crypto derivatives exchange FTX and will become its ambassadors, working on the charitable side of the business as well.

Tom Brady and Gisele Bündchen take equity stake in FTX crypto exchange

Both Tom Brady and Gisele Bündchen will take equity stakes in FTX Trading and receive crypto as part of an endorsement deal with the crypto exchange. Seven-time Super Bowl champion Tom Brady and Brazilian supermodel Gisele Bündchen are the latest celebrities to reaffirm the growing adoption of the cryptocurrency industry.West Realm Shires Services, FTX Trading Limited and Blockfolio, three companies behind major global cryptocurrency exchange business FTX, announced Tuesday a long-term partnership with Brady and Bündchen.As part of the deal, the legendary football player and model will each take equity stakes in FTX Trading and will receive crypto.

Jefferies’ Equity Strategist Expects Accommodating US Crypto Regulation Unlike China’s Authoritarian Model

The head of global equity strategy at Jefferies, an investment bank and asset management firm, says that cryptocurrency regulation in the US would “ultimately be very positive” for bitcoin or other crypto assets.

GameFi Projects Are on the Rise As New Gaming Model Finds Interest Among Zoomers

There is a generalized detraction from financial responsibilities and awareness among modern society members, which is especially evident among the more digitized, younger generation that is seeking an escape from reality into the online world.

Athena confirms plans to bring 1500 Bitcoin ATMs to El Salvador

Accessing BTC is about to get a lot easier in El Salvador with the crypto ATM rollout. US company Athena intends to supply El Salvador’s new crypto-based economy with 1500 Bitcoin ATMs, a company representative has confirmed.The rollout will start small, trialing a few dozen machines to establish a business model.

PlanB feeling 'uneasy' as 41% of his followers tip $100K BTC won’t happen this year

It’s make or break time for S2F as BTC teeters on the bounds of the famous model.

Majority of Crypto Investors No Longer Believe in PlanB’s Big Bitcoin Prediction: Survey

A survey conducted by the creator of the Bitcoin (BTC) stock-to-flow (S2F) price model reveals that most investors no longer believe that the flagship cryptocurrency will hit $100,000 this year.  The S2F model, traditionally applied to commodities like gold and silver, predicts the performance  of an asset based on the idea that the price increases […] The post Majority of Crypto Investors No Longer Believe in PlanB’s Big Bitcoin Prediction: Survey appeared first on The Daily Hodl.

Aussie state government blockchain platform may prevent a tower block inferno

The platform will track the material resources, subcontractors and construction process used to build Aussie homes. Big Four accounting firm KPMG has partnered with Australian property developers Mirvac to develop a blockchain-based platform to track the provenance of buildings. The platform was commissioned by the New South Wales state government.Taking inspiration from supply chain initiatives to track beef products using blockchain, the platform will allow property insurers, investors, and owners to access verified data on the resources, subcontractors and building processes employed during a property’s construction.A working model is slated to go live within six months and will be piloted on existing buildings that are undergoing rectification amid the recent flammable cladding crisis, in addition to an upcoming development from Mirvac.The integrity and trustworthiness of Australian property construction has emerged as a major concern after the 2017 Grenfell Tower disaster in the United Kingdom prompted a national investigation into the safety of materials used in Australian buildings during 2019.The subsequent report estimated that it would cost roughly $4.2 billion to fix thousands of homes that are fitted with dangerously combustible cladding.

3 things traders are saying about Bitcoin and the state of the bull market

Contrarian Bitcoin analysts pinpoint three reasons why they are still bullish on BTC price for the short and long-term. Bitcoin’s (BTC) dip below $29,000 on June 22 rocked the markets a handful of analysts to call for a potential drop below $20,000. Many traders on crypto Twitter were focused on the formation of a death cross on the Bitcoin chart as an omen for another potential drop in the price but analysts with a more contrarian point of view look at this chart pattern as a signal that it is time to buy the dip. The ultimate thread on #BTC deathcross and cycle data analysis1) Historical #deathcross until #goldencross time (in days) + largest price swing since deathcross begins:2011: 180 D, -59%2014: 90 D, +83% 2014: 390 D, -63%2018: 360 D, -55%2019: 105 D, -29%2020: 50 D, +66% pic.twitter.com/8JmbtnFLGJ— venturefoundΞr (@venturefounder) June 17, 2021 Three reasons why some traders still see a bull case for Bitcoin include the appearance of the "spring” stage of the Wyckoff accumulation model, steady buying by long-term holders and the formation of a bear trap at the golden ratio that is similar to moves seen during previous bull runs.

Crypto market cap recovers $76B, altcoins rally after Bitcoin hits $34K

Bitcoin’s quick recovery to $34,800 ignited a rally in altcoins, boosting the total crypto market capitalization by $76 billion. Cryptocurrency traders received a reprieve from bearish market conditions on June 23 as Bitcoin’s (BTC) brief recovery to $34,880 triggered a rally in altcoins and hope that a wider market recovery will occur if the path laid out by the Wyckoff distribution model rings true.

Bitcoin bounce from $28.8K activates century-old financial model's bullish thesis

Bitcoin's recent push from under $30,000 to over $34,500 asserts hopes of a big price recovery ahead. A recent upswing in the price of Bitcoin (BTC) following a nail-biting price crash below $30,000 this Tuesday has activated a classic financial model's bullish outlook on the cryptocurrency.Titled Wyckoff Method, created by Richard D.

Canaan Diversifies Business by Becoming a Bitcoin Miner In Kazakhstan

Major producer of Bitcoin (BTC) mining equipment Canaan announced it has moved beyond its existing business model and into becoming miners themselves, as "the logical next step" towards optimizing their revenues, strengthening the inventory management and supply chain capabilities, as well as accumulating BTC. Canaan is "driving their own crypto-mining business

US miner raises $105M to recycle waste coal into crypto

Stronghold Digital Mining has raised more than $100 million in two private placements supporting its model for sustainable Bitcoin mining. The Pennsylvania-based Stronghold Digital Mining has announced the completion of two private equity securities raises worth $105 million.According to an announcement shared with Cointelegraph, the firm’s first power generation facility, the Scrubgrass Generation Plant in Venango County, converts waste coal into energy on a scale equivalent to “a large-scale hydropower plant” that is then used to mine Bitcoin and other cryptocurrencies.

Hedgeye: This Model Predicts Bitcoin at $1,000,000

Analysts at Hedgeye Risk Management, an investment research and financial media company based in Stamford, Connecticut, have analyzed the Bitcoin stock-to-flow argument.

Automated market makers are dead

With the right tokenomic models, the liquidity war raging between AMMs on underlying chains will move to a new battleground. Billions of dollars have flowed into decentralized exchange protocols based on the automated market maker (AMM) model, which bootstraps network effects by incentivizing liquidity with project tokens, thereby creating a self-contained ecosystem of traders and yield earners.This mechanism has allowed decentralized exchanges (DEXs) to compete for the first time with centralized counterparts, such as Coinbase, which can afford to use cash from their balance sheet to pay for user acquisition (e.g., through sign-up and referral bonuses).

$135K for December: Stock-to-Flow Creator Lays out Bitcoin’s ‘Worst Case Scenario for 2021’

The pseudonymous creator of the popular stock-to-flow (S2F) bitcoin price model, Plan B, has published his “worst case scenario for 2021” predictions on social media on Sunday.

Bitcoin to Surpass $98K by November: Stock to Flow Model

The Bitcoin stock to flow model, designed by PlanB, outlines a relationship between scarcity and value that has been a solid long-term predictor of cryptocurrency price trends.

Bitmain Reveals New Scrypt Miner — Model Mines DOGE and LTC Four-Times Faster Than Today’s Top Machine

Regional reports from an exposition in Chengdu indicate Bitmain has unveiled a new scrypt ASIC rig for dogecoin, litecoin, digibyte, and verge mining.

BUGG INU – A Unique Model for the Future of Finance

About a decade ago, no one knew what DeFi was.

Yield Guild Games doubles down on play-to-earn model with $4M funding round

The Series A funding round was led by BITKRAFT Ventures, an esports-focused venture capital firm.

$288,000 BTC Is Still in Play, Says Top Analyst PlanB

PlanB, the pseudonymous crypto analyst who has amassed a large following with his stock-to-flow model (S2F), says that his $288,000 BTC price prediction is still intact.

Stock-to-Flow Creator Says ‘$288K Still in Play,’ Mike McGlone Sees an ‘Ace up Bitcoin’s Sleeve’

The popular Twitter account and creator of the bitcoin stock-to-flow (S2F) price model explained that “$288K [is] still in play.” Meanwhile, data from the exchange Deribit shows there’s 425 bitcoin call options with a strike price of $200K set for December 31, 2021.

Bitcoin Sell-Offs Are Deliberate, Hallmarks of Institutional Buying, Says PlanB

The first analyst to apply the stock-to-flow model to Bitcoin says that institutions are deliberately pushing the price of Bitcoin down in an effort to accumulate cheap BTC.

Bitcoin drops below $36K as century-old financial model predicts big BTC crash

A push to $40,000-$42,000 won't protect Bitcoin from risks of undergoing a major price decline later, suggests a century-old price prediction model created by technical analyst titan Richard Wyckoff. Overconfident Bitcoin (BTC) bulls would need to battle more than just Elon Musk as a price prediction model — created by technical analyst pioneer Richard Wyckoff more than 100 years ago — also goes against their wild upside predictions.Dubbed as Wyckoff Method, the model involves a five-phase approach to determine price trends that majorly involve investors' psychological reaction to an asset's supply and demand.

Vitalik Buterin Says People Difficulties Not Technical Difficulties Slowed the Ethereum 2.0 Rollout

The cofounder of Ethereum, Vitalik Buterin, recently discussed the highly anticipated full transition from a proof-of-work (PoW) consensus model to proof-of-stake (PoS) as its replacement.

Is PlanB’s Stock-to-Flow Model About To Break? Crypto Traders Reassess Bold Bitcoin Forecast

Popular Bitcoin analyst PlanB says his widely used Bitcoin price prediction model is at a crucial level of support.

Bitcoin Stock-to-Flow Model Still Intact — ‘Starting to look like 2013’ S2F Creator Says

The creator of the popular bitcoin price model called stock-to-flow (S2F or S2FX) has added a new dot to his notorious chart.

Visualizing Bitcoin’s Future Price Cycles With the Power-Law Corridor Model

There’s a number of tools, charts, and models traders use to help them forecast bitcoin price cycles and our last article discussed leveraging the Golden Ratio Multiplier.

Vitalik argues that proof-of-stake is a 'solution' to Ethereum’s environmental woes

The stakes are high for the chain to transition, as those that don't risk getting 'left behind.' At a conference yesterday, Ethereum co-founder and unofficial figurehead Vitalik Buterin argued that Ethereum’s upcoming transition to a proof-of-stake consensus mechanism is a “solution” to the blockchain’s rampant energy consumption that has been incensing critics as of late.In an interview at the StartmeupHK virtual conference hosted from Hong Kong, Buterin said that while proof of stake is “still in its infancy and less battle-tested” than Ethereum’s current proof-of-work model, it can ultimately reduce the chain’s energy consumption by upwards of 10,000x.

What is Chia (XCH)? How to Farm It With a Hard Drive

Instead of Bitcoin's proof of work consensus mechanism, Chia uses a novel "proof of space" model that uses storage space on hard drives.

PlanB Says He’s Selling His Bitcoin at This Price Level, and It’s Not $288,000

The crypto analyst best known for pioneering the use of the stock-to-flow (S2F) model in predicting Bitcoin’s trajectory unveils that he’s willing to part with his BTC at a certain price level.

New Funding Paradigm: Japanese Grassroots Football Clubs Launch Fan Tokens

An increasing number of Japanese amateur and semi-professional football teams are seeking to launch so-called “fan tokens” – prompting some to ask if a new model is developing for fundraising in grassroots sport in the country. Per Keizai, Coedo Kawagoe FC, a Kawagoe, Saitama Prefecture-based football team established last year, has partnered with the crowdfunding

Will Bitcoin Still Hit $100,000? Crypto Analyst PlanB Analyzes the State of BTC Market

A widely-followed analyst known for being the first to apply the stock-to-flow model (S2F) to Bitcoin is sharing his thoughts on the state of the BTC market after the leading cryptocurrency sharply fell from its all-time high.

Grassroots DAOs Are Rising in China

Creative new DAOs are cropping up in China, each with its own specific purpose and group governance model.