Former physics professor Giovanni Santostasi has shed new light on his “power law” model for predicting the price of Bitcoin — which tips arrived at a prediction of $10 million per individual BTC by the year 2045. A power law is a mathematical relationship where one value is proportional to a fixed power of another value….
The United Kingdom government recently released Statutory Instrument documentation, stating that UK law enforcement authorities will be able to freeze crypto assets used in crime without requiring a conviction from the end of April. Published on February 29, the document outlines the amendments made to the Economic Crime and Corporate Transparency Act 2023, which expands the power…
In a recent interview, Chainlink founder Sergey Nazarov stated that the current cryptocurrency market cycle is unique due to the sheer amount of new types of buyers entering the market, which may fast-track the adoption of real-world asset tokenization quicker than the industry initially anticipated. Speaking to Bloomberg on February 28, Nazarov emphasized that the recent participants in…
Crypto appears to be in a bull market, perhaps not by a technical definition, but most of the attendees at ETHDenver would agree that it sure feels like it. Even Ethereum co-founder and Consensys CEO Joe Lubin believes that things are looking up for crypto, and he’s convinced that the best is yet to come….
The Crypto Council for Innovation (CCI) submitted a comment on the proposed stablecoin regulatory regime in Hong Kong on the last day of the comment period. The advocacy group’s five-page letter contained substantial criticism of the proposed reserve and operational requirements and mounted a lively defense of algorithmic stablecoins, which Hong Kong authorities had taken…
The Bitcoin bull market officially started on March 1, according to pseudonymous quantitative analyst PlanB, who is also the creator of the controversial stock-to-flow (S2F) model for Bitcoin’s price. The Bitcoin accumulation phase has ended, along with the easy Bitcoin buying opportunities, according to an X post by PlanB, referencing the S2F chart. “Bull market has…
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