Thursday, November 21, 2024
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Plan B’s Stock-to-Flow Price Model Denounced by Vitalik Buterin, Says Model Can Be ‘Harmful’ – Bitcoin News

For a few years now, the pseudonymous creator of the popular stock-to-flow (S2F) bitcoin price model, Plan B, has become a very well known bitcoin influencer gathering 1.8 million Twitter followers. However, after the S2F price model didn’t come to fruition and dropped well below the price targets in 2022,

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How Stablecoins are Harmful to the Price of Bitcoin (BTC)

In brief: Stablecoin market capitalization has reached a whopping $8 Billion.  This value stored in stablecoins has zapped away some market capitalization from Bitcoin (BTC).  With central banks minting fiat, stablecoins are backed by currencies prone to inflation. An ideal future is where all trading is denominated in Satoshis. Recent news has highlighted that the

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Research: Bitcoin Mining Not Environmentally Harmful as Previously Assumed

Latest research on consumption of electricity by Bitcoin mining has shown that the release of carbon emissions last year was equal to the carbon emissions produced by the European country of Estonia. These findings show that growing rate of digital currency isn’t as impactful on climate change as assumed before.Previously,

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