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“# Stock-to-flow model possibly invalidated as Bitcoin price loses $30K ” 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…
“# US megabank JPMorgan to hire more blockchain talent ” Major American investment bank JPMorgan is upping its blockchain hiring spree by posting a series of new blockchain-related job applications. JPMorgan has opened multiple positions to pursue its global blockchain development efforts including job postings targeting blockchain-focused software developers, engineers, marketers and auditors. According to…
“# Turkey’s crypto bill ready for parliament, says Deputy Minister of Finance ” The Turkish Ministry of Treasury and Finance announced that a draft bill to establish a legal framework for crypto assets in the country is ready. Deputy Minister Şakir Ercan Gül announced that the crypto bill would be proposed to The Grand National…
“# Beauty and the Bitcoin: Female-focused brands accept crypto payments driving adoption ” While Bitcoin (BTC) may be considered as a store of value for many, some consumers across the globe may be thinking otherwise. Recent data has revealed that 46 million people in the United States plan to use cryptocurrency to pay for things…
“# On the fence: If this is a crypto bear market, how long can it last? ” It has now been three months since Bitcoin’s price peaked at an all-time high just shy of $65,000. For most of the last two months, Bitcoin (BTC) has been trading in the $30,000–$40,000 range, as much as 54%…
“# How to get involved with crypto: The first step into blockchain industry ” The cryptocurrency industry has grown immensely in the years since it began. Following Bitcoin’s (BTC) launch in 2009, an entire industry has sprung up and flourished around the innovative asset and its underlying blockchain technology. People have created thousands of crypto…
“# A decentralized app store might lead crypto toward more centralization ” The estimated windfall Apple got from its App Store in 2020 is $67 billion. That’s up from $50 billion in 2019, a 28% increase. Even as the company has lowered its commissions for smaller developers, the App Store remains a major component of…
“# New project aims to bring global crypto miners to Russia ” A major cryptocurrency and blockchain association in Russia is launching a project to bring global crypto mining operations to the country amid a Chinese crypto mining crackdown. The Russian Association of Cryptoeconomics, Artificial Intelligence and Blockchain, or RACIB, announced an initiative aimed at…
“# Crypto offers more freedom, Coinbase CEO responds to DOGE creator ” Brian Armstrong, co-founder and CEO of Nasdaq-listed cryptocurrency exchange Coinbase, took to Twitter to respond to a recent attack on crypto by Dogecoin (DOGE) co-creator Jackson Palmer. In a Twitter thread on Thursday, Armstrong pointed out some of the biggest benefits of cryptocurrencies…
“# Kenyan electoral commission nominee clamors for blockchain voting ” Justus Abonyo, former chair of Kenya’s Social Democratic Party, and current candidate for commissioner of the country’s Independent Electoral and Boundaries Commission (IEBC), has called for the adoption of blockchain voting. According to a report by Kenyan news outlet The Star, Abonyo made this appeal…