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Tag: Halving

The Merge is Ethereum’s chance to take over Bitcoin, researcher says

Ethereum researcher, Vivek Raman, is convinced that Ethereum’s (ETH) upcoming transition to a proof-of-stake system will enable it to take over Bitcoin’s (BTC) position...

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Not 2022, This is When Bitcoin (BTC) Price Will Hit $100k !

Bitcoin

The post Not 2022, This is When Bitcoin (BTC) Price Will Hit $100k ! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

As the leading two cryptocurrencies, BTC and ETH, finally saw decent gains, a wave of bullishness flooded the market. Bitcoin has remained stable over the last 24 hours; the difference this time was a combination of sell-offs and gains, with no major uptick in the value of the majority of the coins. At the time …

Cro(ok)nodes scammed their most loyal users

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Cronodes scammed their most loyal customers by taking away half their unclaimed rewards, on top of halving future rewards.

Why The Proposed EU Bitcoin Ban Would Have Been A Mistake

The proposal, while shot down, is an example of growing misdirection in regulatory stances.

Assassin’s Creed Valhalla: Dawn of Ragnarok — Explosive Retreat guide

Assassin's Creed Valhalla Dawn Of Ragnarok Explosive Retreat GuideExplosive Retreat is a new ability that you can acquire in Assassin’s Creed Valhalla: Dawn of Ragnarok. As the name implies, it allows you to avoid frantic moments in melee while also aiding in crowd control. Here’s our Assassin’s Creed Valhalla: Dawn of Ragnarok guide to help you get the Explosive Retreat ability. Note: For more information, check out our Assassin’s Creed Valhalla: Dawn of Ragnarok guides and features hub. Likewise, we suggest taking a look at our world map fast travel and points of interest guide.   Assassin’s Creed Valhalla: Dawn of Ragnarok guide – How to get the Explosive Retreat ability The Explosive Retreat ability in Assassin’s Creed Valhalla: Dawn of Ragnarok has the following effects: Base – Jump backwards and cause lightning to strike the ground, dealing damage to all in range. Upgrade – Gain a protective electric shield for 10 seconds, halving damage sustained for that duration. You can find Ex...

Is Bitcoin Stock-to-Flow Accurate for Price Predictions?

Bitcoin's $100T Price Crash Can Raise Ethereum And Its Rivals BNB, Solana, Cardano's Prices

 Investing in volatile assets such as cryptocurrencies can be tricky since it requires traders to gauge the market 24/7. However, tools like the stock-to-flow (S2F) model can be used to make investments rationally. Just like the traditional capital asset pricing model (CAPM), the S2F model can help anticipate the price of a cryptocurrency like Bitcoin. Let’s understand what is the stock-to-flow (S2F) model and analyze its accuracy for crypto price prediction in this article. Stock-to-flow ratio Explained The S2F ratio provides a number that indicates the number of years crypto will take to reach the current supply (at the current production rate). In general, with the highest number, the crypto asset will be more expensive too. An institutional investor called “Plan B” popularized the concept of the S2F ratio. The SF ratio has a long history of being connected with the price of Bitcoin (BTC), making it a popular approach for predicting future BTC price estimates. Bitcoin is the first and most well-known rare digital object globally, and its supply is limited, just like silver and gold, with only 21 million coins in circulation. The value of Bitcoin increases because of its scarcity, and the S2F takes advantage of this fact to predict Bitcoin’s future price. Bitcoin’s core technology ensures that the number of new coins issued decreases over time, increasing scarcity.  The miner who calculates the hash required to validate a block of transactions, creating a proof-of-work, receives a “block reward,” which is halved after every 210,000 blocks called Bitcoin Halving. The block reward has decreased from 50 BTC in 2009 to 6.25 BTC in 2020. In 2012, it was 25 BTC and 12.5 BTC in 2016, and in the spring of 2024, the next halving will occur. Due to this halving event, BTC’s price rises. The justification can be found in economics- when supply is reduced, scarcity increases, and price hikes too. The scarcity can further be used to forecast future prices or the best time to invest in BTC. The significant amount of scarcity can be evidenced by a higher ratio. Cryptocurrency is similar to precious metals like gold and silver since it cannot be converted into components and is rare. The value generated by the S2F is a relative value that makes it easy to calculate the ratio. The stock-to-flow ratio compares a commodity’s current stock (the total amount available) to new production flow (amount mined during a specific year). Therefore, S2F= Stock/Flow. Let’s understand how to compute the S2F ratio: The stock of Bitcoin was 18,847,331 BTC in October 2021, which is 89.74% of the total supply. The number that represents the stock is subject to change as new blocks are mined every 10 minutes. The flow of BTC at the same time was 328,500. When these numbers are imputed into the stock/flow formula (18,847,331/328,500), the result is an S2F ratio of 57.374. As a result, mining the entire BTC supply would take about 57 years without considering the maximum supply and halving events. Additionally, Bitcoin halving events raise the S2F ratio by increasing scarcity, which causes the price of Bitcoin to rise. For investors to understand why Bitcoin is categorized as a currency rather than a commodity, this is the most significant statistic. Limitations of the stock-to-flow ratio The model ignores the demand of a cryptocurrency while computing the ratio and considering only supply. However, both demand and supply factors are equally essential to determining asset price. Hence, if demand falls for BTC, the price will decline too; it doesn’t matter if the halving event leads to BTC price rise. Volatile price swings influence the cryptocurrency market, and in periods of high volatility, an investor may sell their holdings. This reaction may lead to the price decline due to the liquidation of the long positions. The S2F ratio ignores the volatility factor too. Another hypothetical situation like a black swan event may prohibit investors from trading cryptocurrencies, leading to a decline in the price of digital assets under consideration. The S2F ratio does not take this factor into account while predicting the future price of BTC. How to trade using the stock-to-flow ratio? Learning how to use the stock-to-flow approach in cryptocurrency trading could be advantageous despite these shortcomings. According to the model’s history, when a cryptocurrency’s stock-to-flow ratio rises, so does its value. This connection can assist you in making investment decisions. A high stock-to-flow ratio, such as 60 or above, indicates that relative scarcity is high, meaning that prices will rise as well. However, when investors see this ratio, they may decide to sell some of their Bitcoin to profit from the current high price. They may also buy more if the ratio is low but predicted to rise in the future. Understanding how to leverage the stock-to-flow ratio in crypto can … Continued

The post Is Bitcoin Stock-to-Flow Accurate for Price Predictions? appeared first on Cryptoknowmics-Crypto News and Media Platform.

Big Bank Musical Chairs: Examining Bitcoin Through A Lens Of Price Manipulation

Bitcoin’s finite supply poses challenges to big banks’ traditional tactics of price manipulation.
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Bitcoin Is Time Traveling Energy

Spending bitcoin into the future transfers incredible amounts of energy over time as the amount of energy per satoshi increases.

Swiss reduces its operating loss

Swiss International Air Lines released this statement: SWISS significantly reduced its operating loss in 2021 from its prior-year level thanks to the transformation initiated, comprehensive cost-saving measures and strong cargo demand. The operating loss for the year of CHF -427.7 million was around one-third smaller than the previous year (2020: CHF -653.8 million). Total revenue […]

Lido Announces Integration With Aave and Solarbeam

Ethereum is on a Role to Experience Triple Halving as a Part of its Move to PoS

On February 28, Lido Finance, an Ethereum 2.0 liquid staking service provider announced to integrate with Aave and Solarbeam. Earlier today, Wu Blockchain tweeted about the Open Source DeFi protocol, Aave and decentralized exchange, Solarbeam’s integration.  Lido, a POS staking platform, announced the integration of Aave and Solarbeam. Users can deposit stETH as collateral in Aave to earn interest, or add stKSM to the Solarbeam pool to earn rewards. — Wu Blockchain (@WuBlockchain) March 1, 2022   As stated in the tweet, the move was made to benefit users. Through this merger, users can deposit stETH as insurance in Aave to earn interest. stETH is a token depicting staked Ether in Lido. These tokens are minted upon deposits and burned while redeeming.   Users can also add stKSM to the largest DeX on Moonriver’s Kusama-based para chain, Solarbeam. Through the Solarbeam pool, users can earn rewards. DeFi Saver tweeted, on Monday, that there are only a few stETH deposited to date and there haven’t been any borrowings as of now.  On a secondary note, Lido took to Twitter to share that they have staked 2 Million ETH with Lido till now. 

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Du Jun of Huobi Fame: Bitcoin Will Remain in a Funk Until 2024

Bitcoin hasn’t been doing too well as of late. The invasion of Ukraine by Russia and several other factors have caused the world’s number one digital currency by market cap to fall heavily over the past week or two, and now – according to Du Jun, the chief executive of crypto exchange Huobi – bitcoin...

The post Du Jun of Huobi Fame: Bitcoin Will Remain in a Funk Until 2024 appeared first on Live Bitcoin News.

What are DeGods? (DUST)

DeGods is a Solana-based deflationary collection composed of 10,000 virtual gods showcasing artistry with their creative outfits and eye-feast colors.  These days, hype, celebrity endorsements, and a dash of controversy seem to be the usual fuel of non-fungible token (NFT) collections to compete with each other. But what can really separate a collection from the […]

The post What are DeGods? (DUST) appeared first on Asia Crypto Today.

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