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Stock to Flow Model Still Predicts $135K Year-End Bitcoin Price

The popular stock-to-flow model, created by the pseudonymous “PlanB,” has been pretty accurate in predicting Bitcoin prices so far. The brainchild behind the model has stated that the mid-cycle average…

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Muslims Cannot Trade Bitcoin in Indonesia as Religious Council Declares Crypto is Haram (Report)

The National Ulema Council (MUI) has reportedly announced a ban on the use of crypto, citing Shariya law. Even as the Indonesian government has acknowledged crypto as a commodity, it…

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Tether’s Blockchain Expansion Continues as USDT Goes Live on Avalanche

Months after indicating plans to expand the USDT stablecoin support to Avalanche blockchain, popular stablecoin issuer Tether has finally launched its dollar-pegged cryptocurrency on the eco-friendly network. USDT Now Available…

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Citadel CEO: Ethereum Is Superior to Bitcoin And Will Eventually Replace it

Ken Griffin – Founder and Chief Executive Officer at the multinational hedge fund Citadel LLC – remains skeptical on bitcoin and its use cases. He believes that another cryptocurrency project…

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If Grayscale Was an ETF, it Would Have Been The 19th Largest with AUM of $60B

Following yesterday’s price increases and new records, the world’s largest digital asset manager reached an ATH of its own in terms of AUM by topping $60 billion. Interestingly, if the…

Continue ReadingIf Grayscale Was an ETF, it Would Have Been The 19th Largest with AUM of $60B