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Open interest on Binance BTCUSDT Perpetual hits all time high of $1.3 bn.— link
Biden’s $3T fiscal stimulus plan could send the #Bitcoin price skyrocketing. — link
Bitcoin is above $41,000.

Yet the derivatives market is not overheated. Futures funding rate is at 0.01%, which means the market is not overcrowded.

You love to see it. — link
Tx

PSA: 400M USDt inventory replenish on Tron Network. Note this is a authorized but not issued transaction, meaning that this amount will be used as inventory for next period issuance requests and chain swaps. — link
eToro said it's so overwhelmed by demand by newcomers who want to trade cryptocurrencies on the exchange it has temporarily boosted the amount new users have to put on deposit to discourage them from joining. — link
The money we use needs to scale to GDP.

Real GDP going back a 1m years:

$84T - Last year (2020)
$58T - Bitcoin created (2009)
$12T - Digital Age (1970)
$3T - World War II
$175b - Industrial Revolution
$430m - Agrarian Age
$10m - Early Humans

— link
If you think you're late to the Bitcoin party, think again.

Bitcoin's risk adjusted returns has been at the same high levels for 6 years running. Clearly outperforming every other asset class since its inception. — link
There was a small All Stablecoins TXs Count Infow earlier. Also, FR has almost returned to the standard. Also, All Exchange Inflow Mean(144 block MA) is on a downward trend, so everything is a good sign. — link
A bitcoin now buys you a Cybertruck.
In the past 30 days:

- More than $1.2B of stablecoins entered exchanges
- $2.4B of $BTC left exchanges
- About 35% of that ($848M) for $ETH
- $SUSHI tops DeFi with $40M leaving exchanges — link
Globally, with zero yields everywhere, more people have a “store of value” problem than a “medium of exchange” problem.

We have no shortage of quick ways to pay, but we have plenty of difficulty finding things to store wealth in for a long time. — link
God bless the sellers
Twitter is going to absolutely lose it’s shit when Elon/Tesla disclose bitcoin holdings — link
YearnFinance is currently +73% over the past week, and is showing indications of a full-on breakout, according to the metrics. — link
The daily trading volume (7d moving average) across all asset pairs on Uniswap Protocol is at an ATH.

On average, $780 million were traded per day in the past week, surpassing the previous peak in early September 2020. — link
"I don't feel comfortable buying Bitcoin because it's complicated and I don't fully understand it."

... so you're saying you fully understand the far more complicated fiat financial system? — link