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.
Picks of the Week
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):
Plenty to be bullish about (scratch Portnoy):
Bitcoin halving candles:
Focus on Bitcoin:
Portnoy on why he’s moving on:
NexusMutual mega thread (recommended):
ICON making meaningful progress:
Gold and Bitcoin a relationship examined (highly recommended):
Exploring a bankless nation (recommended):
A Bitcoin company looks set to enter the DeFi space:
On YAM (yes it’s still a thing):
Tether adds OMG network as Ethereum fees continue to rise:
Central banks may only be getting warmed-up:
Bitcoin and Ethereum heavy hitters argue their case (recommended):
Preston Pysh outlines why Bitcoin’s moment has arrived:
Bitcoin in a world awash in debt and fiat expansion (highly recommended):
On Bitcoin and DeFi:
Smart contracts – a clear high level explanation (recommended):
Chainlink brings random number generation to the next level (recommended):
Non-Fungible tokens may be the next ‘hot’ sector:
Hmmm…is there a trend?:
Lightning just not keeping pace with wrapped BTC growth:
Website / Utility
An excellent site for tracking broad crypto market sentiment:
Another exciting and narrative rich week in crypto. As always, looking forward to your comments and suggestions.