Bitcoin power law model suggests $30K floor, $1M potential this cycle

Giovanni Santostasi’s Bitcoin Power Law model suggests Bitcoin’s price will not fall below $30,000 again, indicating a floor for future valuations. The model shows Bitcoin’s price trajectory will continue to rise, with its current ‘fair price’ at $86,339 and potential ceiling at $332,543. As depicted in the charts from Bitbo, the model uses linear regression The post Bitcoin power law model suggests $30K floor, $1M potential this cycle appeared first on CryptoSlate.

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Harris odds surge to 43% on Polymarket after Trump’s NABJ panel, reaching $467 million wagered

Kamala Harris’s odds surged to 45% on Polymarket following Donald Trump’s appearance at the National Association of Black Journalists (NABJ) panel. Polymarket, the prominent crypto betting platform, has seen a significant influx of wagers due to the turbulent US presidential election, prompting the platform to upgrade its infrastructure. According to Bloomberg, the platform added MoonPay The post Harris odds surge to 43% on Polymarket after Trump’s NABJ panel, reaching $467 million wagered appeared first on CryptoSlate.

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Kidnappings and home invasions highlight need for enhanced physical security in crypto

While there is plenty of information online about securing your digital assets, less is written about the physical threat to crypto and Bitcoin holders. Over the past few years, there has been a worrying uptick in physical attacks on crypto holders. In February, the arrest of five Russian men in Phuket highlights this concerning trend The post Kidnappings and home invasions highlight need for enhanced physical security in crypto appeared first on CryptoSlate.

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Songadaymann sues SEC after using NFTs to sell songs he writes every day

Jonathan Mann, known for creating a song daily for over sixteen years, and conceptual artist Brian L. Frye have filed a lawsuit against the US Securities and Exchange Commission (SEC). The case centers on whether NFTs representing digital art, such as those created by Mann and Frye, should be classified as securities under US law. The post Songadaymann sues SEC after using NFTs to sell songs he writes every day appeared first on CryptoSlate.

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Real life Silicon Valley vs Black Mirror crossover playing out over AI ‘Friend’

Two AI projects named FRIEND, each led by different developers, are at the center of a ‘Twitter Beef’ over their distinct approaches to AI technology. Nic Shevchenko and Avi Schiffmann are behind the two distinct AI projects, sparking debate over privacy, open-source versus commercial development, and the ethical implications of AI companions. Shevchenko’s FRIEND is The post Real life Silicon Valley vs Black Mirror crossover playing out over AI ‘Friend’ appeared first on CryptoSlate.

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