Cryptocurrency Analysis and News Portal
Creator of the popular Bitcoin price prediction chart “stock-to-flow”, PlanB, puts $135k target for BTC by December 2021. What Is The Bitcoin Stock-To-Flow Model? The BTC stock-to-flow (S2F in short) method is a price prediction model popularized by PlanB. S2F is based on the ratio between the stock (current supply) and the
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The Reserve Bank of New Zealand is seeking public input over how it should assess the use case for the country’s digital dollar.Two discussion papers titled “The Future of Money – Stewardship” and “The Future of Money – Central Bank Digital Currency,” released Thursday, are aiming to solicit public feedback
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“We proactively review our product offerings and activities on an ongoing basis, against user demand, evolving regulatory requirements, and future opportunities, to determine changes and improvements,” a spokesperson for Binance told CryptoX via Telegram on Tuesday. Source
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Japanese financial conglomerate SBI Holdings is reportedly planning to set up one of the first funds in the country giving investors exposure to crypto. According to a Thursday Bloomberg report, SBI, aiming to have a crypto fund available by the end of November, will offer residents of Japan the opportunity to
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Bitcoin (BTC) revisited weekly lows on Sep. 1 as the new month got underway with a fizzle rather than a bang.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin lingers in "price stability"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $46,530 on Bitstamp overnight, its lowest since Aug. 27.With
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The Reserve Bank of India could commence preliminary central bank digital currency (CBDC) trials before the end of the year.Speaking to CNBC on Thursday, RBI governor Shaktikanta Das said that the central bank was “being extremely careful” in its handling of a potential digital rupee even as its counterparts around
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Crypto expert Bobby Lee's early predictions on the price of Bitcoin have proven to be quite accurate during the latest bull run.In a tweet from December 2018, the Ballet crypto wallet CEO and founder said that the next Bitcoin (BTC) rally would start in late 2020, take off in early
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Bitcoin miners generated an estimated $1.1 billion in revenue in January, up 62% from December, according to on-chain data from Coin Metrics analyzed by CryptoX.The surge in revenue came as bitcoin‘s price climbed from $29,000 to just below $42,000 in the first half of the month before levelling off through
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Following an alleged December breach, the trading platform now says it will close and repay users any remaining funds. Source
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Bitcoin miners generated an estimated $692 million in revenue in December, up 33% from November, according to on-chain data from Coin Metrics analyzed by CryptoX.Extending November’s own 48% increase, miner revenues continued to soar as bitcoin rallied over 300% last year, briefly trading above $29,000 for the first time ever
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