Author: e_cash_top
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Is the Bitcoin Power Law model more realistic than Stock-to-Flow?
[ad_1] Since finance YouTuber Andrei Jikh recently covered the so-called Bitcoin Power Model, there has been a notable debate within the Bitcoin community around its viability. Jikh opened his video entitled â2024 Bitcoin Price Prediction (CRAZY!)â by stating, âToday I want to show how a simple math rule thatâs able to predict patterns of the universe…
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Sui ends January with new ATH and soaring DeFi metrics
[ad_1] Layer1 blockchain network Sui is ending the month as one of the best-performing digital assets, according to CryptoSlateâs top gainers list. According to the list, SUI gained around 75% during the past 30 days to post a new all-time high of $1.64 on Jan. 30, surpassing its previous high of $1.43. However, its value…
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Whale entities withdraw 100,000 BTC from exchanges in two weeks
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more âș Connected to Alpha Welcome! đ You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
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Coinbase taps former UK Treasurer who warned of ârun on poundâ in 2008 for Advisory Council
[ad_1] In a move to bolster its global expansion efforts, Coinbase has enlisted George Osborne, a prominent figure in U.K. politics and finance. Osborne, known for his tenure as the U.K.âs Chancellor of the Exchequer (Treasury) from 2010 to 2016 and his contributions to the countryâs economic and financial policies, joins Dr. Mark T. Esper,…
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Terraform Labs filed for bankruptcy to protect against potential SEC money judgment
[ad_1] Terraform Labs, the brains behind the Terra blockchain network, opted for bankruptcy protection as a strategic move against any âpotential money judgmentâ that could be enforced by the U.S. Securities and Exchange Commission (SEC). In a Jan. 30 court filing, Terraform Labs CEO Chris Amani explained that the company might need to close its…
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Bitcoin heads for fifth consecutive monthly green candle amid rollercoaster market conditions
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more âș Connected to Alpha Welcome! đ You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
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Marathon vs Riot: Analyzing the true cost of mining 1 bitcoin
[ad_1] Bitcoin mining is the cornerstone of the crypto industry and the crypto market. At its core, the profitability of mining comes down to a single, crucial metric â the cost of producing each bitcoin. The importance of this cost becomes even greater when it comes to publicly traded Bitcoin mining companies, as it’s essentially…
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Coinbase CLO slams SECâs barebones response in rulemaking petition case
[ad_1] Coinbase CLO Paul Grewal criticized a minimalistic legal filing from the U.S. Securities and Exchange Commission (SEC) on Jan. 30. Grewal wrote in a post on X: âBelow is the administrative record of [the SECâs] decision rejecting our petition for digital assets rules. See for yourself whether itâs even close to complete or sufficient…
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Spot Bitcoin ETFs were among best ETF launches of all time: 21Shares president
[ad_1] Ophelia Snyder, co-founder and president of 21Shares, called spot Bitcoin ETFs a success during an interview with Bloomberg on Jan. 30. 21Shares is responsible for a joint spot Bitcoin ETF with Ark Invest, one of several approved by the U.S. Securities and Exchange Commission (SEC) on Jan. 10. Snyder commented on those approvals, stating:…
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Fetch.ai claims âbusiness as usualâ amidst opposing reports of insolvency
[ad_1] Crypto AI firm Fetch.ai said on Jan. 30 that it continues to operate as usual despite earlier restructuring proceedings. It said: “As part of [our move to Dubai], Fetch.ai has been through a restructuring process which has included the administration of … ‘Fetch.ai UK Ltd.’ This was a factor of the restructuring and has…