PlanB’s Stock-to-Flow (S2F) model, known for predicting Bitcoin’s price based on scarcity, has faced scrutiny as the digital asset’s value has remained below the model’s expectations since 2021. The S2F model, which correlates the increasing scarcity of Bitcoin due to halving events with price appreciation, suggested a significantly higher price than the actual market value The post PlanB’s Stock-To-Flow model off by $130k, Bitcoin trades below trend since 2021 appeared first on CryptoSlate.

US Public Bitcoin miner CleanSpark has released its unaudited Bitcoin mining and operations update for July 2024. It reports mining 494 BTC during the month and a 567% increase in its Bitcoin treasury compared to last year. During the bear market, CleanSpark’s Bitcoin reserve had declined over 40%, indicating a more bullish approach in 2024. The post Bitcoin miner CleanSpark increased BTC treasury by 567% since 2023 appeared first on CryptoSlate.

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.

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.

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.