Thursday, April 25, 2024
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NFT sales and pricing driven by luck, scarcity and optimism, according to studies

A trio of studies published in November may shine some light on the social and psychological factors that motivate movement in the nonfungible token (NFT) market. Across three independent studies, researchers from Western University in Canada, Tilburg University in the Netherlands, the University of North Carolina at Chapel Hill in the

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AI can drive new Bitcoin pricing model, study finds

A new study proposes a novel method for pricing options on Bitcoin using neural networks. The model incorporates Bitcoin (BTC) price dynamics and sentiment data to capture cryptocurrency markets’ frequent jumps and volatility clustering. Researchers developed a bivariate jump-diffusion model based on past prices and Google Trends sentiment to describe Bitcoin price

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Decentralized file storage pricing differentials persist despite market growth: Report

According to a new report published by Singaporean venture capital firm Foresight Ventures, the cost of decentralized file storage on blockchains such as Filecoin, Arweave, Swarm, StorJ, and Sia currently ranges from near zero to $4 per terabyte (TB) per month. This is much lower than traditional Web2 services such

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Like Venezuela, Some Retailers in Argentina Are Now Pricing Items in Dollars – Economics Bitcoin News

Some retailers in Argentina are already pricing imported items in U.S. dollars, according to reports from local news outlets. The idea behind this would be to keep prices stable and avoid repricing articles each day, a practice that has already been adopted in other Latam countries like Venezuela, which present

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A key change in Ethereum options pricing hints that ETH price could rise beyond $1,350

Ethereum price (ETH) gained 10.2% from Jan. 4 to Jan. 10, breaching the $1,300 resistance without much effort, but has the Ether price move cast a light on whether the altcoin is ready to begin a new uptrend.Will Ethereum’s former resistance level turn to support? After testing the $1,200 support

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