I think a lot of people are underestimating the power that a mature derivatives market is going to bring to #Bitcoin during this cycle. As the price goes higher and volatility continues to grow, it incentivizes more and more long-short funds to capture the massive ... post/1 — thread

JP Morgan adds crypto-friendly Signature Bank to its focus list — link

3 million ETH staked in the deposit contract

Bitcoin is growing at a faster pace than the internet.

There will be 1 Billion users by 2025. — link

Tesla has made more profit by holding Bitcoin for 1 month than in 14 years of selling cars. — link

A unamed Bitcoin mining center in Russia just became the largest in the country overnight, with 20,000 new machines. — link

The gold bugs don't like it because they can't touch it, the bankers don't like it because they can't inflate it, the power-hungry don't like it because they can't control it, and the economists don't like it because they can't stabilize it.

#bitcoin

— link

The Binance Smart Chain craze explained in one tweet:

Cons: Centralized as fuck, everything built or financed by Binance

Pros: low fees, Binance has deep pockets, massive opportunities because Binance will list anything that gets traction there

Profit maxis are there right now — Larry Cermak

The number of #Bitcoin withdrawals from exchanges just reached a 3-year high. This is an incredibly bullish sign during a bull run. — link

Binance Smart Chain generated more than $300k in fees yesterday, which is roughly 1% of ETH. Crazy growth in recent days though — link

Any crypto wallet that won’t give you your private keys should be avoided at all costs — Elon Musk

Siam Bank's VC arm to invest $50 million in blockchain and DeFi startups — link

Morgan Stanley is trying to teach its research clients about DeFi. — link

ETH vs BTC, everyone's talking about it. I guess it's that time of the macro cycle again...

This is the battle of the world's two most liquid publicly tradeable digital religions.

(Excludes USDT which is a conspiracy, not a religion)

Thread 👉 — link

2021 will be Chinese Year of the Ox

Few understand this

PayPal, Visa and Mastercard will effectively enable crypto payments for 1.2 billion users — link

Today in the Senate of Nigeria, "Bitcoin has made our currency almost useless or valueless."

Mastercard up 2% on bitcoin adoption
BNY Mellon up 2% on bitcoin adoption

But don't worry, no more companies will be tempted to do the same — link