How to Value Crypto Assets, Explains Willy Woo in New Theory

Willy Woo on Monday laid out a “dry” theory that could evaluate the real value of crypto assets. The analyst and coder, known for innovative philosophies on cryptocurrencies, found that the fundamental valuation of a crypto asset is equal to the sum of its utility component and store-of-value component. Algebraically, the equation looks like as

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Bitcoin History Part 5: A Wild Altcoin Appears

Bitcoin History Part 5: A Wild Altcoin AppearsIt’s hard to imagine a time before cryptocurrency exchanges were stocked with hundreds of digital assets. A time before the pejorative “shitcoin” had been coined and there was no such metric as bitcoin dominance. But travel back to late 2010 and that’s exactly what you’d have found: a cryptosphere in which BTC was the only […]

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Crypto Market Update: Rebound Continues, 20% Gain Since The Weekend

FOMO Moments Crypto markets still on the up; Waves and Bitcoin Cash are flying, Tron and Iota following. Following yesterday’s long-awaited crypto market pump things have continued rising for a second day adding another $7 billion into the digital currency pot. This has taken total market capitalization back over $120 billion again and resulted in

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Bitcoin Surges 18% in 3 Days as it Nears $3,800: What’s Next For the Market?

Since December 17, within less than three days, the Bitcoin price has surged from $3,181 to $3,776 against the U.S. dollar, by more than 18 percent. On cryptocurrency-to-fiat exchanges like Coinbase and Bitstamp, Bitcoin (BTC) has slightly corrected to $3,700 but the breakout of the dominant cryptocurrency above the $3,700 mark has led analysts to

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Chatter Report: Schiff Accuses Kelly of Pump and Dump, Lingham Calls for ‘Real Adoption’

Schiff Accuses Kelly of ‘Pump and Dump’, Lingham Calls for ‘Real Adoption’In our latest roundup of crypto chatter, tensions run high as Peter Schiff accuses Brian Kelly of dumping bitcoin on retail investors. The accusation surfaced after Kelly recently revealed that he is net short on BTC. Also, Vinny Lingham gives great advice to the crypto community on building for the future. Also read: Bitcoin Skeptic […]

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90% of Monero Mined Ahead of Tail Emission in 2022, Big Milestone?

Despite being in a bearish cycle this year, privacy coin Monero (XMR) is looking stronger on the demand front on a long-term basis. According to MoneroBlocks.info, an XMR chain explorer, miners have already mined 16,644,199 units against the total supply of 18.4 million XMR. The unearthing is scheduled to continue until May 31, 2022, by when

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Bitcoin Price Watch: BTC In Clear Uptrend Towards $4,000

Key Points Bitcoin price extended upsides and traded above the $3,580 and $3,650 resistances against the US Dollar. There is a key bullish trend line formed with support at $3,640 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price remains in a solid uptrend and it could rise towards $4,000

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Bitcoin.com’s Oracle Aims to Bolster BCH-Powered Smart Contracts

Bitcoin.com’s Oracle Aims to Bolster BCH-Powered Smart ContractsBitcoin.com is pleased to unveil plans to offer one of the world’s first oracles for smart contracts on the Bitcoin Cash (BCH) blockchain. The autonomous feature will allow specialized prediction markets and decision-based transactions for sports scores, political results, and market exchange rates. Also read: How to Spend and Give Bitcoin Cash Over the Holidays Bitcoin.com’s […]

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France Rejects Cryptocurrency-Friendly Tax Amendments

France Rejects Cryptocurrency-Friendly Tax AmendmentsFrance’s National Assembly has rejected a number of tax amendments aimed at lowering taxes for cryptocurrency traders and users. Among rejected amendments are those concerning capital gains and losses and crypto tax exemptions. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Crypto Amendments Rejected The French National Assembly rejected a number of […]

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