Is the Bitcoin Power Law model more realistic than Stock-to-Flow?

Since finance YouTuber Andrei Jikh recently covered the so-called Bitcoin Power Model, there has been a notable debate within the Bitcoin community around its viability. Jikh opened his video entitled “2024 Bitcoin Price Prediction (CRAZY!)” by stating, “Today I want to show how a simple math rule that’s able to predict patterns of the universe has The post Is the Bitcoin Power Law model more realistic than Stock-to-Flow? appeared first on CryptoSlate.

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Coinbase taps former UK Treasurer who warned of ‘run on pound’ in 2008 for Advisory Council

In a move to bolster its global expansion efforts, Coinbase has enlisted George Osborne, a prominent figure in U.K. politics and finance. Osborne, known for his tenure as the U.K.’s Chancellor of the Exchequer (Treasury) from 2010 to 2016 and his contributions to the country’s economic and financial policies, joins Dr. Mark T. Esper, former The post Coinbase taps former UK Treasurer who warned of ‘run on pound’ in 2008 for Advisory Council appeared first on CryptoSlate.

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Non-custodial fiat off-ramp now available in crypto wallets via Visa debit

Crypto and NFT payments infrastructure company Transak has partnered with Visa to integrate Visa debit capabilities into its global off-ramp service. This move increases the options for crypto-to-fiat off-ramps, allowing users in over 145 countries to convert their crypto holdings into local fiat currencies. Using a product called Visa Direct, Transak will allow the fluid The post Non-custodial fiat off-ramp now available in crypto wallets via Visa debit appeared first on CryptoSlate.

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New zero fee standard for Bitcoin ETFs creates cheap custodial alternative to exchanges

The competition among spot Bitcoin ETFs is seriously heating up with Grayscale outflows declining, but now, so are the fees being charged by the Newborn Nine. Shortly before the final SEC approval of the swathe of spot Bitcoin ETFs, which entered the market earlier this month, several ETF issuers dropped their fees in last-minute filings. The post New zero fee standard for Bitcoin ETFs creates cheap custodial alternative to exchanges appeared first on CryptoSlate.

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What happened to PayPal stablecoin PYUSD after last year’s launch?

PayPal’s entrance into the stablecoin market on Aug. 7, 2023, was welcomed by many in the industry, with Circle CEO Jeremy Allaire stating that competition from PayPal was ‘great to have.’ The news of the launch led to a modest 4% rise in the price of Bitcoin, and within days, exchanges were offering low-fee promotional The post What happened to PayPal stablecoin PYUSD after last year’s launch? appeared first on CryptoSlate.

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