Ethereum wunderkind Vitalik Buterin has once again harshly criticized the contentious bitcoin stock-to-flow (S2F) model created by pseudonymous Dutch quant analyst PlanB. Buterin described the model as “harmful” and said that such flawed financial models “deserve all the mockery they get.” Vitalik Savages Now Invalidated Stock-to-Flow Model Vitalik Buterin has lambasted the bitcoin S2F model that has now gone off […]

Dan Tapiero, a veteran global macro investor and a co-founder of Gold Bullion International (GBI), has noted on social media that Bitcoin isn’t just about the United States, nor is it an investment specific to the United States. In a tweet shared with Tapiero’s 95,000 followers on the microblogging platform, the investor noted BTC is the “first truly global macro investment” and […]

Colorado-based healthcare company, DaVita Inc. (DVA), is trading 10% lower in the Tuesday market despite the US markets moving up. The company has also not released any stock-specific news to affect the shares. The company is currently trading at its lowest since August 2020. The company provides dialysis services to patients suffering from kidney failure. It has 339 dialysis centers […]

Search interest for the flagship cryptocurrency Bitcoin ($BTC) has surged to a 12-month high after the price of BTC dropped to a low below the $18,000 mark and swiftly recovered to now trade above $21,000. According to Google’s data, searches for the keyword “bitcoin” have recently seen a high they hadn’t seen in the past 12 months, even with the flagship […]

On Tuesday (June 21), Tesla and SpaceX CEO Elon Musk, who is the world’s richest person with an estimated net worth of around $214 billion (as of 21 June 2022) according to Forbes, explained why he feels that the need to support meme-based cryptocurrency Dogecoin ($DOGE). Dogecoin was initially released on 6 December 2013, as a “fun and friendly internet currency.” It […]

Summary: Arthur Hayes has highlighted that the Purpose Bitcoin ETF offloaded 24.5k BTC into the markets on Friday’s close. Bitcoin went on to drop to the local low of $17,600 due to the selling pressure that could have been a run to trigger stop losses. The Bitcoin and crypto markets have since rallied, with BTC trading above $20k. The co-founder […]

Key takeaways: El Salvador’s President Nayib Bukele has advised crypto traders to stop looking at the Bitcoin chart and enjoy life. President Bukele also reassured Bitcoin holders that their investment is safe and its value will immensely grow after the bear market. According to Bitcoin Treasuries, President Bukuele’s Bitcoin purchase on behalf of El Salvador is currently at 62.2% in […]

Summary: Gemini crypto exchange co-founder, Cameron Winklevoss, believes Bitcoin below $20k seems irrational. Mr. Winklevoss also pointed out that Bitcoin’s underlying fundamentals, adoption, and infrastructure remain strong. CZ also highlighted fundamentals as being crucial during both bull and bear markets. However, Bitcoin remains in a bear market with room for further losses. The Co-founder of the Gemini Crypto exchange, Cameron […]

Brain Armstrong, Co-Founder and CEO of Coinbase, believes that Bitcoin could one day replace the U.S. dollar as the global reserve currency.  Speaking on episode 27 of Coinbase’s “Around The Block” podcast, Armstrong said that he was optimistic about the chances of Bitcoin becoming the world’s reserve currency. According to a report by The Daily Hodl, when asked by Justin […]