Blind Faith in S2F Models: Analysts Question Measuring Bitcoin’s Price With Stock-to-Flow

One of the most bullish charts for predicting the price of bitcoin is the infamous stock-to-flow (S2F) model. The S2F analysis shows the price of BTC could reach $55,000 in the near future. One advocate of the S2F model, the Twitter account known as ‘Plan B,’ wrote a report about the subject and the article was extremely popular and translated into multiple languages. However, skeptics believe the S2F model is faulty and it’s most prominent supporter has said S2F is not entirely accurate, but “an order of magnitude right.” Also…

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2 American Banks Have Failed Since Coronavirus Started Spreading in the US

Since the coronavirus started spreading in the U.S., two banks have failed and were shut down by state banking authorities. One was a bank in West Virginia and the other was in the state of Nebraska. The governor of West Virginia has already issued a stay-at-home order due to rising covid-19 cases. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed Banks Failing During Pandemic The latest bank to fail in the U.S. was a small bank in West Virginia called “The First State Bank.”…

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Sensorium’s Senso Token Lists on the Top Ten HitBTC Cryptocurrency Exchange

The move follows a similar listing on the KuCoin exchange and will drive further usage of cryptocurrencies as the innovative Sensorium Galaxy platform is set to attract millions of users worldwide. Los Angeles, 06 April, 2020: Sensorium Corporation has listed its digital currency Senso Token on HitBTC one of the oldest and most advanced cryptocurrency platforms operating today. The move follows a recent listing of Senso Token on the KuCoin cryptocurrency platform and signals Sensorium’s intention to expand its operations and enable users to engage deeply with Sensorium Galaxy, the…

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Rich Dad Poor Dad Author Robert Kiyosaki: Dollar Is Dying, Buy Bitcoin

Robert Kiyosaki, the author of the popular book “Rich Dad Poor Dad,” talked about the death of the U.S. dollar and how one should take the government’s free money and buy bitcoin. The best-selling author also explained the cost of free money. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed Take Free Government Money and Buy Bitcoin The author of Rich Dad Poor Dad has chimed in on the impact of the free money the U.S. government is giving to small business owners on…

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10 Countries Actively Regulating Cryptocurrency Despite Global Crisis

Despite the coronavirus pandemic and the resulting financial crisis, at least 10 countries have made announcements regarding cryptocurrency regulation since our last regulatory roundup. They include Japan, Malaysia, Singapore, China, Spain, Germany, India, the Philippines, the U.S., and South Korea. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed Regulations Directly Affecting Crypto Exchanges, Businesses and Individuals The world is going through a crisis with an escalating number of covid-19 cases causing economic turmoil in many countries. The International Monetary Fund (IMF) has declared a…

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The Bitcoin Cash Halving Countdown – 50% Less Block Reward

The Bitcoin Cash (BCH) network will face a halving on wednesday this week and many BCH proponents are getting ready for the big day. Unfortunately, the covid-19 outbreak has overshadowed the halving and BCH has dropped in value by roughly 30% since the end of February. Also Read: Bitcoin Halving Will Drop Inflation Rate Lower Than Central Banks’ 2% Target Reference Bitcoin Cash Will Experience a Halving – Block Rewards to Drop by 50% BCH supporters are getting ready for the big halving day, at least the best they can…

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Bitcoin.com’s Cashfusion Fund Exceeds Goal: $100K Raised for Bitcoin Cash Privacy

Bitcoin.com’s Cashfusion Fund officially surpassed the fundraiser goal by 103.3% or $51K worth of bitcoin cash spread out between 623 donations. The funds will go toward Cashfusion developer expenses and a security audit from Kudelski Security. Bitcoin.com also matched the funds donated so Cashfusion can provide bitcoin cash users with the best privacy methods available today. Also read: Freebitco.in Gaming Site Launches Covid-19 Relief Fund – Donating 20% House Edge to Healthcare Efforts Cashfusion Provides Greater Privacy Than Traditional Coinjoin Protocols Cashfusion has been considered a powerful tool when it…

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ICO Crackdown: 11 Class-Action Lawsuits Filed Against Cryptocurrency Companies

A number of class-action lawsuits have been filed against various digital asset firms and exchanges on Friday. The U.S.-based “litigation boutique,” Roche Cyrulnik Freedman, filed the lawsuit for three plaintiffs in the Southern District of New York. All three lawsuits claim that organizations like the Tron Foundation, Bitmex, Binance, Bibox and Block.one allegedly sold unregistered securities to retail investors. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed The Crypto Industry’s “Litigation Boutique” Files 11 Class-Action Lawsuits Against Various Digital Currency Firms The New York…

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Where to Buy Bitcoin in India: Cryptocurrency Exchanges Lower Their Fees

Since the supreme court lifted the RBI ban, more people have been looking to buy bitcoin and other cryptocurrencies in India. Responding to community feedback, a number of cryptocurrency exchanges have lowered their fees as the Indian crypto sector continues to grow. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed Indian Crypto Exchanges Cutting Fees The Indian crypto sector has been growing ever since the Supreme Court of India lifted the banking ban imposed by the central bank, the Reserve Bank of India (RBI).…

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Freebitco.in Gaming Site Launches Covid-19 Relief Fund – Donating 20% House Edge to Healthcare Efforts

The owners of the website Freebitco.in have announced a coronavirus relief fund following the myriad of other crypto companies donating funds to help fight the covid-19 pandemic. Freebitco.in is an extremely popular gaming website that saw more than 40 million visitors last month in web traffic and the site ranks #2,379 globally according to Alexa ratings. The website is donating 20% of the house edge to an organization that will be coordinating with public health authorities in order to provide protective equipment. Also read: Coronavirus Relief: Cryptocurrency Aid Programs Launched…

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