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Current S&P Correlation Implies Bitcoin at $18K, Says Stock-to-Flow Creator

Bitcoin price could hit $18,000 if it continues to maintain its positive correlation with the S&P 500, says mysterious analyst PlanB.The creator of the popular stock-to-flow model highlighted a 95 percent r-squared correlation between the two assets.He added that the global central banks’ unprecedented quantitative easing policy serves as a

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Can Bitcoin Be Seized as Self-Proclaimed BTC Creator Craig Wright Claims?

As CryptoX reported yesterday, self-proclaimed Bitcoin (BTC) creator Craig Wright claims that Bitcoin can and will be seized to accommodate court orders. What follows is an analysis of whether what he says is possible and plausible.Screenshots resurfaced on Feb. 26, show that Wright claims Bitcoin will be seized without

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JPEG on the Blockchain: Image Format Creator Believes Tech Can Fight Copyright Theft

The organization that created the popular JPEG picture format believes blockchain could be used to verify images, as well as flag fakes and image theft.The Joint Photographic Experts Group (JPEG) said blockchain has "great potential" as the basis of a system that would use a combination of encryption, hash signatures

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BitTorrent Creator Calls Vitalik’s ASIC-Resistant Proof-of-Work ‘A Pipe Dream And a Bad Idea’

Bran Cohen, best known as author of the peer-to-peer (P2P) BitTorrent protocol, has responded to some of Vitalik Buterin’s opinions about the state of technology around cryptocurrencies.On Nov. 25, Cohen, also the current CEO of the Chia network, explained in a Twitter thread why he considers many of Vitalik’s

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