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2021-07-22 18:14:26 Grayscale is launching an institutional-grade DeFi fund and index

https://www.theblockcrypto.com/linked/111839/grayscale-is-launching-an-institutional-grade-defi-fund-and-index?utm_source=rss&utm_medium=rss Open / Comment

2021-07-22 16:55:10 Elon Musk Says Tesla Likely to Accept Bitcoin Again

Elon Musk has apparently changed his mind about bitcoin. Again. The billionaire founder of SpaceX said Tesla would likely accept bitcoin again in the future after dropping the cryptocurrency over environmental concerns. Open / Comment

2021-07-22 13:32:01 Quantitative supply shock is underway according to the ratio of coins available on exchanges vs total supply (inverted so it tracks price)

Right now we have a bullish divergence between the $BTC price and this Supply Shock Ratio.

Last time I saw this, it took some time before price bounced (Oct 2020). And it bounced really hard

Anyone shorting this market will get rekt given enough time. It's just a waiting game until the fundamentals prevail Open / Comment

2021-07-22 11:51:01 Last week, the #Bitcoin network mined the slowest 24hr average block-time since the 2009 cypherpunk era.

This was a time before $BTC even had a price and coins were mined by Satoshi on CPUs. Open / Comment

2021-07-21 18:00:06 For the first time in 5 weeks digital asset investment products saw inflows totalling $63m last week Open / Comment

2021-07-21 12:31:01 Buying the dip after China ban has usually been a profitable strategy. Open / Comment

2021-07-20 20:53:01 Visualization of #Bitcoin lightning network. Open / Comment

2021-07-20 18:57:01 Wealthy Investors Increase Bitcoin Assets Again

Thus, the number of coins in clusters of "whales", which consist of one or more addresses, controlling in aggregate from 1,000 to 10,000 BTC, increased by more than 80,000 to 4.216 million BTC on Friday. The number of such formations also rose to a three-week high in 1922.

The CEO of the Celsius Network tweeted:
“We will soon see the third and final wave. It will be driven primarily by institutional investors who have entered the $ 20 billion Grayscale bitcoin trust under the influence of FOMO. Hedge funds used margin loans from Genesis Trading platform and others to buy BTC in January / February. The first unlocking of their shares will happen this week. At least $ 5 billion must be pulled from GBTC, which could pull bitcoin back to $ 29,000. "

The Celsius Network CEO is upbeat, suggesting that Bitcoin will move and eventually hit the $ 140,000 - $ 160,000 range before adjusting to $ 90,000 by the end of the year. Open / Comment

2021-07-20 18:02:59 Ruffer said it was no longer interested in cryptocurrency, calling the investment class to be a "speculative bubble."
In April 2021, Ruffer sold off all its Bitcoin holdings after investing last year, locking a profit of $1.1 billion.
Ruffer said that Bitcoin no longer fulfills the role of a diversifying asset. Open / Comment

2021-07-20 17:57:01 ETH 2.0 Staking fuels Ether's long-term performance. Open / Comment