When Satoshi Nakamoto invented Bitcoin, the creator designed the protocol to be an inflationary currency, one that is predictable as bitcoin’s inflation always decreases every four years. Today, 77 days before the reward halving, BTC’s inflation rate is around 3.6% and it’s expected to drop to 1.8% after the halving event. The cryptocurrency’s inflation rate […]
The post Bitcoin Halving Will Drop Inflation Rate Lower Than Central Banks’ 2% Target Reference appeared first on Bitcoin News.
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If you are planning to start a new career this year, or just improve your value in the jobs market, the best thing that you can do is acquire some blockchain skills. Companies around the world are looking for people with capabilities in this field and it appears that demand far outpaces the supply. Also […]
In 2011, Mike Caldwell created the notorious Casascius physical bitcoin collection, and since then the series of coins has become extremely valuable. Over the last two months, a bunch of people have redeemed their Casascius coins and on December 23 someone peeled a 100 BTC ($723K) Casascius bar. Also Read: Only 375 Days Left for […]
Global markets business CME Group said that institutional interest toward the firm’s Bitcoin futures is thriving and 2019’s third-quarter data showed a record number of open interest. Moreover, despite the lackluster start, the Intercontinental Exchange’s (ICE) Bakkt platform has seen an increase in interest with the company’s physically-settled bitcoin futures product. Also read: Honestnode Founder […]
You wouldn’t expect a traditional financial institution to come up with a very optimistic forecast about the future of a cryptocurrency or an honest appraisal of its design. But Bayern LB, a lender based in the rich German province of Bavaria, has surprised the crypto community. In a recently published research paper, the bank asks […]
In my last op-ed, I discussed how the value we place on items and goods is subjective based on Carl Menger’s Subjective Theory of Value and how these concepts apply to people’s perception of value with things like fiat, gold, and bitcoin. The post outlined the idea that money cannot serve as a store of […]
Over the last few years, many have claimed that bitcoin core (BTC) has turned into, or will soon become, a store of value (SoV). Proponents of the BTC-based SoV theory seem to think that money can somehow store value and if it’s held long enough, the price will be higher or predictably useful when spent […]
Demand for skilled professionals in the crypto space has been steadily rising, according to new data that ranks cities in India based on the number of jobs in the cryptocurrency field. Some cities such as Mumbai dropped several places from last year’s ranking while a couple of others are new to the list. Also read: […]
Bitblock Capital has published an alternative mining valuation model for BTC. The company has published a report that examines data from July 2016 to Dec. 2018 that seeks to “explain the relationships between [BTC] price and its intrinsic value” using the model. Also Read: Google Play Store Forces Samourai Wallet to Remove Security Features Bitblock Capital […]
During a recent Q3 earnings call, the world’s largest producer of semiconductors, Taiwan Semiconductor Manufacturing Company (TSMC), forecasted weakening growth for the rest of 2018 due to declining demand for cryptocurrency mining hardware. This outlook comes despite anticipating a significant increase in demand for its 7-nanometer processing chips from the high-end smartphone industry. Also Read: […]