Six-Digit Bitcoin Prices: Stock-to-Flow Creator Says BTC Value Model ‘On Track Like Clockwork’

Six-Digit Bitcoin Prices: Stock-to-Flow Creator Says BTC Value Model 'On Track Like Clockwork'Bitcoin prices have gone parabolic and the value is seemingly following along with the controversial stock-to-flow (S2F) model, according to the price model’s creator. This week, the Twitter handle dubbed “Plan B” said the “bitcoin stock-to-flow model [is] on track… like clockwork.” Stock-to-Flow Author Is Confident in the S2F Price Model Back in November 2020, […]

Study: Over 13% of All Proceeds of Crimes in Bitcoin Passed Through Privacy Wallets in 2020

Study: Over 13% of All Proceeds of Crimes in Bitcoin Passed Through Privacy Wallets in 2020According to a study published by the blockchain analysis firm Elliptic, over 13% of all proceeds of crime in bitcoin (BTC) were laundered via privacy wallets in 2020, up from 2% from the figures posted in 2019. 13% of All Proceeds of Crimes Leveraging BTC Were Laundered Via Privacy Wallets Dr. Tom Robinson, Elliptic’s co-founder […]

The post Study: Over 13% of All Proceeds of Crimes in Bitcoin Passed Through Privacy Wallets in 2020 appeared first on Bitcoin News.

Darknet Market Crypto Revenues Hit All-Time Highs in 2020

Darknet Market Crypto Revenues Hit All-Time Highs in 2020A study revealed that darknet markets have astonishing figures so far in 2020, despite the coronavirus pandemic, but the dynamics changed compared to the last year’s numbers. Darknet Vendors Surpassed $800 Million in Revenues Despite Covid Pandemic According to the Chainalysis report, darknet marketplaces surpassed the $800 million threshold worth of cryptocurrencies in revenue made […]

The post Darknet Market Crypto Revenues Hit All-Time Highs in 2020 appeared first on Bitcoin News.

$100K Bitcoin: S2F Author Confident With His Model, Suggests Six-Figure BTC Price by 2021

Not too long ago, the author of the controversial bitcoin stock-to-flow (S2FX) price model said that the model was “perfectly on track.” On Sunday, November 8, the S2FX creator known as “Plan B” reiterated his belief in the model and told his Twitter followers that he has “no doubt whatsoever” that the S2FX trend is […]

The post $100K Bitcoin: S2F Author Confident With His Model, Suggests Six-Figure BTC Price by 2021 appeared first on Bitcoin News.

Bitcoin Businesses on the Mend: Report Shows 57% of Crypto Execs Expect the Industry to Accelerate, Companies Are Hiring

Bitcoin Businesses on the Mend: Report Shows 57% of Crypto Execs Expect Industry to Accelerate, Companies Are HiringDigital Currency Group (DCG) recently published the firm’s “State of Crypto 2020” report which polls more than 150 portfolio crypto companies. According to the study, 75% of the respondents believe the value of their business has grown this year, while 50% of the startups have seen outperforming start-of-year projections. The state of the cryptocurrency industry […]

The post Bitcoin Businesses on the Mend: Report Shows 57% of Crypto Execs Expect the Industry to Accelerate, Companies Are Hiring appeared first on Bitcoin News.

Cambridge University’s Third Crypto Study Records 101 Million Cryptocurrency Users Worldwide

Cambridge University's Third Crypto Study Records 101 Million Cryptocurrency Users WorldwideThe University of Cambridge and the school’s Centre for Alternative Finance has published the third “Global Cryptocurrency Benchmarking Study.” The 71-page in-depth study examines the current growth of the crypto industry, mining, offchain activity, crypto asset user profiling, regulation, and security. The September 2020 third edition of the Global Cryptoasset Benchmarking Study concentrates on four […]

The post Cambridge University’s Third Crypto Study Records 101 Million Cryptocurrency Users Worldwide appeared first on Bitcoin News.

East Asia Dominates World’s Onchain Crypto Activity, Europe and North America Trail Behind

East Asia Dominates World's Onchain Crypto Activity, Europe and North America Trail BehindCrypto activity continues to flourish worldwide, according to a new cryptocurrency adoption index published by the blockchain intelligence firm Chainalysis. The researchers compile onchain digital currency retail value transferred, onchain crypto deposits, peer-to-peer exchange volume, and other types of methodology. Chainalysis recently published a new report called the “2020 Geography of Crypto,” a study that […]

The post East Asia Dominates World’s Onchain Crypto Activity, Europe and North America Trail Behind appeared first on Bitcoin News.