A slightly bearish tinge this week. Still, many cryptos continue to post strong gains. OMG, in particular, rode a wave of excitement on the announcement of its use by Tether.
Portnoy came and went – probably for the best. Nonetheless, his stocks only go up mantra, is actually true – for now.
DeFi remains hot with Yearn.finance now well above 10k per token. Looking ahead, is gaming going to be the hot new thing? In my humble opinion – it is.
This thread on NexusMutual . This expansive examination of gold and Bitcoin. In addition, Preston Pysh on why this is Bitcoin’s moment.
Bitcoin is in a class all of its own (recommended):https://twitter.com/APompliano/status/1297364041237704705
Plenty to be bullish about (scratch Portnoy):https://twitter.com/caprioleio/status/1294017427186098180
Bitcoin halving candles:https://twitter.com/CryptoBull/status/1295495120318537739
Focus on Bitcoin:https://twitter.com/BitcoinTina/status/1297199082503581697
Portnoy on why he’s moving on:https://twitter.com/stoolpresidente/status/1297294553993674752
NexusMutual mega thread (recommended):https://twitter.com/krugman25/status/1292500127047979014
ICON making meaningful progress:https://twitter.com/markusjayvc/status/1296746394393354246
Gold and Bitcoin a relationship examined (highly recommended):https://investoramnesia.com/2020/08/16/gold-bitcoin-markets/
Exploring a bankless nation (recommended):https://bankless.substack.com/p/a-bankless-nation-part-i
A Bitcoin company looks set to enter the DeFi space:https://www.coindesk.com/bitcoin-defi-japan-smart-contracts
On YAM (yes it’s still a thing):https://insights.deribit.com/market-research/why-yam-is-a-nakamoto-scheme/
Tether adds OMG network as Ethereum fees continue to rise:https://www.coindesk.com/high-ethereum-fees-push-tether-to-its-eighth-blockchain-omg-network
Central banks may only be getting warmed-up:https://www.zerohedge.com/markets/central-bank-balance-sheets-hit-28-trillion-next-year
Bitcoin and Ethereum heavy hitters argue their case (recommended):
https://open.spotify.com/episode/5KLKB4ggqcdgmDetc59lQg
Preston Pysh outlines why Bitcoin’s moment has arrived:
https://open.spotify.com/episode/6lBIwtHUY6yjKum4F9oPyI
Bitcoin in a world awash in debt and fiat expansion (highly recommended):
https://www.pscp.tv/w/1vOxwkgYgbVxB
On Bitcoin and DeFi:
VIDEO
Smart contracts – a clear high level explanation (recommended):
VIDEO
Chainlink brings random number generation to the next level (recommended):
VIDEO
Non-Fungible tokens may be the next ‘hot’ sector:
VIDEO
Hmmm…is there a trend?:
https://twitter.com/ChartsBtc/status/1292981189377064960/photo/1
Lightning just not keeping pace with wrapped BTC growth:
https://twitter.com/skewdotcom/status/1292762623314923521/photo/1
Fees matter:
https://twitter.com/sassal0x/status/1293176462216802304/photo/1
An excellent site for tracking broad crypto market sentiment:
https://app.santiment.net/
Another exciting and narrative rich week in crypto. As always, looking forward to your comments and suggestions.
