Wall Street investor advises more investors to put a few percent into Bitcoin

A large narrative over the past few months is the introduction of institutional capital to the Bitcoin space. It began in 2020 with Paul Tudor Jones, a billionaire Wall Street investor who put a few percent of his fund into BTC futures. He did this in preparation for the May halving, writing that Bitcoin’s scarcity…

The future of finance: Synthetix just launched staking on Optimistic Ethereum

Congestion has been a theme for Ethereum over the past few months. Not to say that this is an explicitly bad thing but during times of volatility, it can cost over $50 to trade on Uniswap, and even more to complete more complex (and often pertinent) Ethereum transactions. This comes in spite of the fact…

Chainlink and Aave hit all-time highs: why are DeFi tokens rallying hard?

Chainlink and Aave, two major DeFi-related cryptocurrencies, are surging strongly in tandem with Bitcoin. Aave surpassed $200 for the first time in history, solidifying its position as the fourth-largest DeFi token behind Uniswap (UNI). Chainlink keeps its position as the biggest DeFi token by market capitalization, valued at around $9 billion. Why are Chainlink and…

Is Bitcoin price manipulation by whales a real thing?

The Bitcoin paradox presents something of a predicament. On the one hand, Bitcoin sells itself as a financial equalizer. But at the same time, it’s one of the world’s most unequally distributed assets. David Lin, of Kitco News, raised this point in discussion with the Director of Research at GraniteShares, Ryan Giannotto. Giannotto agreed with…

These cryptocurrencies are up over 10% today despite Ethereum’s sharp 8% drop

Both Bitcoin and Ethereum have faced sharp declines over the past few hours despite the move to $40,000 on Thursday. BTC is down 10 percent in the past 24 hours while ETH has lost around eight percent over that same time frame. This drop comes amid two events: Developments indicate that Mt. Gox’s liquidators are…

Singapore trading desk explains what is driving the ongoing Bitcoin bull market

Bitcoin has undergone an extremely strong rally over recent months, despite the ongoing drop. The cryptocurrency, which trades for $36,000, is up around 100 percent in the past six weeks, and even more over the past six months. Other cryptocurrencies aside from BTC have also done well. Chart of BTC’s price action over the past…

Mayor Francis Suarez talks benefits of buying Bitcoin for Miami’s city treasury

The official has spearheaded progressive regulations for the East coast city. And he’s now turning his attention towards Bitcoin. Bitcoin for Miami! Miami Mayor Francis Suarez teased a Bitcoin purchase earlier today, as per a tweet. This was not intended for his personal account, however, with Suarez stating that Miami’s treasury funds could find their…

A $400m Ethereum address known as “0xb1” is doing a giveaway to boost DeFi

If you’ve been following DeFi on Twitter over the past few months, you likely know of the address with the prefix “0xb1.” I’ve tweeted about the address a fair bit. To recap: 0xb1 is the largest yield farming Ethereum address, with around $400 million worth of net worth circulating around in the DeFi space’s top…