Want a high-level overview of DeFi? here's a GREAT 2 minute video summary from CNBC... https://www.cnbc.com/video/2021/04/15/heres-what-decentralized-finance-or-defi-means-for-crypto.html
CNBC
Here's what decentralized finance, or 'DeFi,' means for crypto
CNBC's Kate Rooney reports on how decentralized finance is the next venture capital buzzword and how it plays into crypto.
For those who want to understand why most experts are predicting a $120k to $300k Bitcoin price by the end of 2021, watch this great analysis by Benjamin Cowen of Into The Cryptoverse... https://www.youtube.com/embed/mOqRPqH4F7Y
YouTube
Bitcoin: Rejected by the Peak Logarithmic Regression Band (Again!)
For the 5th time on the weekly time frame, the price of Bitcoin has wicked into or up to the peak logarithmic regression band but was unable to make a weekly close in it. This shows how challenging it can be moving into this manic zone, especially given the…
Does anyone know of a Decentralized Exchange (DEX) that enables trades in both Ethereum ERC-20 tokens and Binance BEP-20 tokens with low fees? Lmk in comments.
When you layer the chart for 2016-2017 Bitcoin cycle (in purple) on top of the 2020-2021 Bitcoin cycle (in orange), starting from the date the last halving on May 11, 2020, it implies we will reach a price point of $253,021 by October 6, 2021. And considering we’re currently ahead of cycle 2, some like Willy Woo are projecting a $300k top. However...
...Assuming cycle lengthening theory holds (in which each Bitcoin cycle from market halving until peak price lasts long than the one before it) and extrapolating the declining logarithmic growth of each cycle, I expect that Bitcoin will peak in this cycle somewhere around $108k around the end of 2021. Large institutional capital flows this cycle may make the actual peak higher than this forecast. My best guess is that we get to somewhere around $110k to $150k by the end of 2021 and then during 2022 drop from that level back about 50%-60% to around where we are now ($60k to $70k) before resuming an upward trend toward $500k in the 2024/2025 bull cycle. I expect the drawdown in 2022 will not be as severe as prior cycle 85% drawdowns due to the level of institutional capital coming into Bitcoin. You can view my original TradingView chart at https://www.tradingview.com/chart/BLX/ONvywhVn-Predicting-the-December-31-2021-Bitcoin-Price-108k/
This Bitcoin Open Interest & Price Chart from Messari’s Mira Christanto shows that like clockwork Bitcoin has a small 15-25% retrace every 3-5 weeks. These nearly monthly retraces are all part of the normal growth pattern during a bull market cycle like we are in. They are healthy for the market as they reduce leverage. With each bottom above the prior bottom and each top above the prior top, we are looking good. HODL.
Source: https://twitter.com/asiahodl/status/1384484744604307458?s=20
Source: https://twitter.com/asiahodl/status/1384484744604307458?s=20
Today I’m writing this week’s Coinstack issue. What topics would you like to hear about?
Coinstackers--here is this week's issue of Coinstack... early Google Doc edition...
https://docs.google.com/document/d/1k19_96-8jfswx3r7NBE2FUQ7GHXwSvrQDlbqku4m-5g/edit#
In This Issue:
1. The Bitcoin 2021 Cycle Top Price Forecast
2. The Bitcoin Supercycle
3. How We Will Know When We’re At the Top
4. How We Know We’re Not At the Top Now
5. A Bitcoin Price Drop in 2022?
6. Ethereum Scaling Update - 30 TPS to 100,000 TPS by End of 2021
7. The Ethereum 2021 Cycle Top Price Forecast
8. The Ethereum Cash Flow Report 2021 - Why You MUST hold ETH
9. The Crypto Adoption Curve - Faster than the Internet
10. Mrs. Bubble’s New NFTs - Llamacorn Angel Auction
11. A Long-Term Crypto Portfolio
12. How to Get Started in Crypto
https://docs.google.com/document/d/1k19_96-8jfswx3r7NBE2FUQ7GHXwSvrQDlbqku4m-5g/edit#
In This Issue:
1. The Bitcoin 2021 Cycle Top Price Forecast
2. The Bitcoin Supercycle
3. How We Will Know When We’re At the Top
4. How We Know We’re Not At the Top Now
5. A Bitcoin Price Drop in 2022?
6. Ethereum Scaling Update - 30 TPS to 100,000 TPS by End of 2021
7. The Ethereum 2021 Cycle Top Price Forecast
8. The Ethereum Cash Flow Report 2021 - Why You MUST hold ETH
9. The Crypto Adoption Curve - Faster than the Internet
10. Mrs. Bubble’s New NFTs - Llamacorn Angel Auction
11. A Long-Term Crypto Portfolio
12. How to Get Started in Crypto
Google Docs
Coinstack #19 - The Bitcoin & Ethereum Cycle Top Forecast
d CoinStack: Bitcoin, Ethereum, Polkadot, DeFi, Blockchain, NFTs, Web 3.0, & the future of money Published by Ryan Allis Thursday, April 22, 2021 | Issue 19 | 2354 subscribers BTC: $54,910 ETH: $2557 Social Links: Twitter | BitClout | Telegram | OpenSea…
We're now up to 941 subscribers in this Coinstack Telegram group. Can you help me get up to 1000? Please share it in a few other related groups. Many thanks!
Link: t.me/thecoinstack
Link: t.me/thecoinstack
Telegram
Coinstack
All things Ethereum, Bitcoin, DeFi, Blockchain, Crypto, and Web 3.0. With analysis of the macro trends and technological innovation as we build the future of money.
Coinstackers--here is this week's newsletter web edition...
https://coinstack.substack.com/p/the-cycle-top-isnt-here
https://coinstack.substack.com/p/the-cycle-top-isnt-here
Substack
The Cycle Top... Isn't Here
Bitcoin to $120k+, Ethereum to $6k+, Bitcoin Supercycle, The Crypto Adoption Curve, Mrs. Bubble NFTs, Llamacorn NFT Auction, Long-Term Portfolio, Up 489% YTD
Hope everyone is loaded up on ETH. The train is about to leave the station. Up 8% today.
Above is a good analysis of the cash flows and investment case for Ethereum. It’s called The Ethereum Cash Flow report and is from Ethereumcashflow.com.
Here is the EARLY EDITION of this week's Coinstack newsletter. It will be going out tomorrow via email. Early edition for our 1,002 Telegram subscribers...
https://docs.google.com/document/d/1j8zo8SruqFRh0RfbwAElKRsOv11M5I1YfZa35tv_ERo/edit#
https://docs.google.com/document/d/1j8zo8SruqFRh0RfbwAElKRsOv11M5I1YfZa35tv_ERo/edit#
Google Docs
Coinstack #20 - The Investment Case for Ethereum
d CoinStack: Bitcoin, Ethereum, Polkadot, DeFi, Blockchain, NFTs, Web 3.0, & the future of money Published weekly by Ryan Allis Wednesday, April 28, 2021 | Issue 20 | 2562 subscribers BTC: $54,658 ETH: $2655 Social Links: Twitter | Telegram | Substack…