Big picture $BTC

Bitcoin is undergoing its third parabolic advance in the past decade. A parabolic advance on an arithmetic scale is extremely rare - three on a log scale is historic — Peter Brandt

Overview of Polkadot Ecosystem — link

5% of finance executives now say they plan to hold #Bitcoin as a corporate asset this year! — link

A great thread on the state of NFTs = Non Fungible Tokens = cryptocurrency-mediated ownership of unique non-monetary items like game stuff 👉 — thread

A second North American #Bitcoin ETF has been approved in less than a week after the first — link

BREAKING: SynBiotic announce they are buying #Bitcoin to hedge against euro currency devaluation and have already begun to shift some of its free liquidity into Bitcoin. — link

It took Bitcoin 66 days to go from $12,500 to $25k and 52 days to go from $25k to $50k.

It's hilarious to still see bitcoin being compared to the tulip bubble

fairly easy to spot the difference — link

Grayscale have added 37,268 $ETH worth $338 million over the past 30 days — link

Coinbase launches waitlist for Ethereum 2.0 staking rewards — link

The battle for 50K #bitcoin rages on. — Cameron Winklevoss

Here is the parabolic move by $ETH. I have showed on the chart where people like to whine. — link

We've detected a pair of whale transactions for #Chainlink that were the largest sized moves on the network in 6 weeks. The first was a transaction of 2.28M $LINK (worth $71.0M) moving away from $aLINK, temporarily into an exchange address. The second moved an even larger — link

The CFA Research Foundation just published its brief on Bitcoin, Blockchain, and Cryptocurrencies for investment professionals. — read the full Brief (PDF)

Sovereign nations w low gold holdings and but high fiat holdings, namely every country that became rich after WW2, face a geopolitical allure, an imperative, to buy $BTC as a Store of Value. — Su Zhu

Hedge funds are short #bitcoin

Pass it on. — link

Blue chip public blockchain metrics today:

Cash flow (https://money-movers.info):
- BTC: ~9.2b
- ETH: ~22.5b (~2.5x)

Fee demand (https://cryptofees.info):
- BTC: ~5.8m
- ETH: ~$25.5m (~4.4x)

DeFi value capture (https://defipulse.com):
- BTC: ~$52m
- ETH: ~$39b (~750x)

— link

The Wall Street Journal today

Bitcoin isn’t the most valuable cryptocurrency because it was the first. It’s also the most secure, most decentralized, most scarce, and most reliable. It’s not just “first mover advantage,” no matter how many Silicon Valley analogies you want to believe. — link

21st Century Commodity Supercycle Is Here: It's Called Bitcoin -- Advancing technology and -- more recently -- contango have been primary forces working against commodity investors, but Bitcoin leads the rising tide of digitalization. — link