Crypto Daily

Daily Bits The world’s hardest form of money blasted to an all-time high today, hitting $63,729.5 and melting the faces of plebs everywhere. If this is breaking news to you -> then you either 1) don’t have crypto, in which case, you are probably wandering why a plebs face is melting 2) you are oneContinue reading “Crypto Daily”

Why Do We Need Defi? (12/18/2020)

Imagine you are standing in line at the bank. Yeah, that’s right. Put in those headphones with actual wires, blast some Britney Spears, and imagine that it is a dreary Tuesday afternoon in the early 2000s. Look around. What do you see? Probably some drab furniture, burnished in colors like burgundy and maroon, a fewContinue reading “Why Do We Need Defi? (12/18/2020)”

Blockchain: A Cool Word and a Cool System (12/16/2020)

The moon inched closer this morning as Bitcoin rocketed upwards from the doldrums of early teens into the roaring 20s. It is truly the a good time to be a Bitcoin bull, bull, bull. With such wanton enthusiasm and extraordinary glee in the air, tis the season perhaps, I felt inspired to go back toContinue reading “Blockchain: A Cool Word and a Cool System (12/16/2020)”

Crypto News (12/11/20)

There was some big news yesterday –> MassMutual Purchased $100 Million in Bitcoin: https://www.wsj.com/articles/massmutual-joins-the-bitcoin-club-with-100-million-purchase-11607626800 MassMutual Invested .04% of Their Total Assets into Bitcoin: https://www.bloomberg.com/news/articles/2020-12-10/169-year-old-insurer-massmutual-invests-100-million-in-bitcoin MassMutual is Now Invited to Cyberhornets Meetings Every Tuesday: https://markets.businessinsider.com/currencies/news/insurer-massmutual-scoops-up-100-million-worth-of-bitcoin-2020-12-1029885209 MassMutual Furthers the Bitcoin as Gold 2.0 Narrative: https://www.coindesk.com/massmutual-buys-100m-bitcoin-bets-on-institutional-adoption-with-5m-nydig-stake Bitcoin and MassMutual are Eloped Yesterday in a Bizzare Marriage of BleedingContinue reading “Crypto News (12/11/20)”

Hump Day Dip (12/9/2020)

GASP: Bitcoin dipped back down to 18k last night, a 5% dip from the weekly average of 18.9k. Ethereum and the alts dragged too, bouncing sharper south than the 5%. Reading for the Day: Check out Messari’s year end report for crypto written by Ryan Selkis. The dude is a genius. He lays out theContinue reading “Hump Day Dip (12/9/2020)”

12/8/2020

Bitcoin’s Daily Yin and Yang: Yin: Microstrategy, those beautiful cyber-hornets, just announced a new ploy to raise $400 million in bonds to purchase more Bitcoin. Saylor and Co have already bought 40,000+ Bitcoins since the company first announced an interest in the internet of money back in early August. (https://www.bloomberg.com/news/articles/2020-12-07/microstrategy-to-raise-400-million-to-buy-even-more-bitcoin) Yang: G7 Finance Ministers stressContinue reading “12/8/2020”

Bitcoin, What is It? (12/13/2020)

This has been a pretty magical week for the worlds first digitally native money. MassMutual purchased $100 million worth of Bitcoin as a reserve asset. Microstrategy popped off for another $650 million of Bitcoin using something called a “conventional bond sale.” Canada saw its’ first Ethereum ETF go live on their stock market. The priceContinue reading “Bitcoin, What is It? (12/13/2020)”