Category: statements

Plan B’s Stock-to-Flow Price Model Denounced by Vitalik Buterin, Says Model Can Be ‘Harmful’

Plan B’s Stock-to-Flow Price Model Denounced by Vitalik Buterin, Says Model Can Be ‘Harmful’

For a few years now, the pseudonymous creator of the popular stock-to-flow (S2F) bitcoin price model, Plan B, has become a very well known bitcoin influencer gathering 1.8 million Twitter followers. However, after the S2F price model didn’t come to fruition and dropped well below the price targets in 2022, Plan B and his price […]

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Argentinians Criticize IMF Requirement to Slow Down Crypto Adoption in the Country

Argentinians Criticize IMF Requirement to Slow Down Crypto Adoption in the Country

Argentinian citizens involved in the cryptocurrency industry are criticizing a perceived anti-crypto requirement that the recent deal made with the IMF has introduced. The deal, which restructures and gives more facilities to the country to pay the $45 billion owed to the fund, also hints at a series of measures directed at stifling the growth […]

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Report: Softbank’s Internet Firm Z Holdings Plans to Launch NFT Mall in 180 Countries

Report: Softbank’s Internet Firm Z Holdings Plans to Launch NFT Mall in 180 Countries

Z Holdings, the internet subsidiary of the Japanese conglomerate holding company Softbank, is planning to launch a global non-fungible token (NFT) marketplace this spring. Z Holdings’ “NFT Mall” aims to target 180 countries and leverage the firm’s Paypay service in order to attract Web3, metaverse, and NFT patrons. Z Holdings Doesn’t Want to ‘Miss out […]

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Bank of England Governor Bailey Says Cryptocurrencies Are ‘Dangerous’

Bank of England Governor Bailey Says Cryptocurrencies Are ‘Dangerous’

Known for his reluctant stance on decentralized money, the Governor of Bank of England (BOA), Andrew Bailey, has recently taken his anti-crypto rhetoric up a notch. Speaking at a meeting with lawmakers in London, Bailey stated that cryptocurrencies are “dangerous.” Andrew Bailey Remains Sceptical About Cryptos “Crypto-assets,” as the central bank’s official labels bitcoin and […]

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