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

A total of $602m worth of bitcoin short positions got liquidated in the aftermath of the Tesla news.

Combined with the earlier short-squeeze driven by Elon Musk's bitcoin tweet, a total of $1.2b shorts have been liquidated on Musk driven events. — link

SEC Commissioner Hester Peirce, “We’re ready for a bitcoin ETP" — link

JPMorgan co-president Daniel Pinto says the bank will offer #Bitcoin trading if there’s a demand — link

HODL doesn't stand for "Hold On for Dear Life". It was a mispelled word in this 2013 post that became a meme. — link

In the past 48 hours:

New Bitcoin all time high
Amazon exploring digital currencies
Mastercard to enter crypto payments
Bank of New York Mellon enters BTC
SEC Commissioner: its time for a Bitcoin ETP
1st North American Bitcoin ETF approved
Miami may put BTC in its treasury
— link

The first North American #Bitcoin ETF has been approved by Canadian Securities Regulator https://www.sedar.com/CheckCod...

— link

PayPal announce plans to roll out cryptocurrency support in the UK to allow residents to buy and sell #Bitcoin and other cryptos this year. — link