Stock-to-Flow Creator Says Bitcoin is ’Not a Toy Anymore’

Crypto analyst and Twitter personality, PlanB, recently said Bitcoin is serious business as he recapped the asset’s journey over the last decade.  “This thing is not a toy anymore,” PlanB told Peter McCormack in a May 1 podcast episode. “It’s maybe not an asset anymore as well,” he said, adding, “It is going to be much bigger than that.” PlanB created a concept for Bitcoin’s growth compared with its supply PlanB is known around the crypto space for his stock-to-flow model. The model takes into account Bitcoin’s block reward, or…

Cryptocurrency News From Japan: April 26

This week’s headlines from Japan included Rakuten Wallet, GMO Coin and DMM crypto exchanges achieving regulatory registration, SBI Holdings’ VC Trade exchange announcing a 1,700% increase in fiscal year pre-tax profit, and SBI Holdings’ CEO calling out the supply chain amid the coronavirus pandemic.  Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan. Japanese exchange gains financial instruments license Crypto exchange, Rakuten Wallet, now holds status as a Kanto Finance Bureau-registered operation, “as a first-class financial instruments business operator based on the Financial Instruments and…