Intrinsic value of crypto: What is it and how to calculate it
The intrinsic value of cryptocurrencies can be calculated using Metcalfe’s Law, production costs and discounted utility models.
Related Posts
Tron asks NY judge to turf ICO suit from Binance bag holders
The Tron Foundation has filed a motion to dismiss a lawsuit from plaintiffs alleging securities violations with its $70 million 2017 ICO. The Tron Foundation has requested a New York federal judge dismiss a class action lawsuit alleging securities violations through Tron’s 2017 initial coin offering, describing the claims as “fatally flawed.”The Chinese blockchain developer…
UAE central bank approves licensing system for stablecoins
KARM Legal Consultants founder Kokila Alagh said that the regulations clarify the issuance, licensing and supervision of AED-backed payment tokens.
Dutch University set to recover more than twice the paid BTC ransom in 2019
The university reluctantly paid €200,000 in Bitcoin in December 2019 to avoid losing critical research data and resources. 352 Total views 4 Total shares Netherland-based Maastricht University (UM) is set to recover nearly €500,000 worth of Bitcoin (BTC) after the police authorities managed to solve the infamous ransomware attack in December 2019.In 2019, a ransomware…
Fenix Games raises $150M to fuel next-generation blockchain gaming
Chris Ko, CEO and co-founder of Fenix Games, considers Fenix Games “like a VC fund” for powering the next generation of blockchain games. 365 Total views 2 Total shares Web3 game publisher Fenix Games raised $150 million in funding to acquire, invest and distribute blockchain games. The fund will be used to create a game…
Russian officials approve use of crypto for cross-border payments: Report
Deputy Finance Minister Alexei Moiseev said the policy describes "how to acquire cryptocurrency, what can be done with it" and its use in cross-border settlements. 685 Total views 22 Total shares The Bank of Russia and the country’s Ministry of Finance have reportedly reached an agreement allowing cross-border settlements in cryptocurrencies.According to a Thursday report…
Bitcoin prices should ‘logically’ correct in Jan, but crypto’s a ‘wild card’
The price of Bitcoin (BTC) should “logically” undergo a correction once spot Bitcoin exchange-traded funds (ETFs) are approved, though commentators also concede that crypto is also a “wild card."Bitcoin has been gaining momentum over the last 11 months, with a jump in March amid banking uncertainty, another spike in June when BlackRock filed for a spot
Ethereum back in price discovery as ETH approaches $5K
The world’s second-largest cryptocurrency crossed the $4,700 mark following Bitcoin's rally. 680 Total views 21 Total shares Ethereum blockchain’s native asset, Ether (ETH), touched a new record high on Nov. 8, supported by a rally across the top cryptocurrencies ahead of a key United Stat inflation report this week.ETH’s price rose by 3.30% in the…
Bitcoin price dip may retest $55K before next leg up
Based on Wednesday’s upcoming CPI reading, Bitcoin lost a key trend line when it fell under $63,000, but it could still be on track to recover.