The Dollar Regains Lost Ground, But Bitcoin Yet To React
Bitcoin price is once again approaching current record highs, and now that the momentum is back in favor of bulls, new all-time highs could soon be just ahead. While this is mostly nothing new for the leading cryptocurrency by market…
Fiat and crypto together at last thanks to new driver rewards system
The car manufacturer will reward eco-friendly drivers with a new type of Fiat currency — but it’s actually all crypto. Crypto users no longer have to set up a complicated mining farm in their cars to earn tokens while on…
“Dark Horse of DeFi” Bancor Adds Fiat Ramp
After quadrupling its Total Value Locked (TVL) in the last 30 days, Bancor announced a flurry of upgrades—including a fiat on- and off-ramp. The Latest Updates Are Painting a Bullish Picture While Bancor is no newcomer to the scene and…
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Bitcoin to Reach $100K to $288K in 2021? Stock-to-Flow Models Suggest It Could
By Jamie Redman
The creator of the notorious stock-to-flow model (S2F), Plan B has recently detailed that the price of bitcoin has surpassed the S2F model price by 26%. The strong momentum has a number of crypto enthusiasts thinking that bitcoin prices reaching…
Financial Vampirism And Bitcoin
2020 was an unprecedented year in financial engineering. Unprecedented and yet… totally predictable if you pay attention to the right metrics. Source Market trajectories which have been set in motion, and remain in motion until acted on by an outside…