A little bit of vroom vroom in the market this week. Cardano and Link, in particular, posted sterling gains. Still, BTC hasn't broken out of ranging to date. Nonetheless, broader market structure appears bullish at the moment. Is this simply down to 'money printer go brrrr?' - hard to tell.
As per usual, lots to delve into this last week in crypto - enjoy!
Picks of the Week
Bitcoin is powerful - this article outlines one reason why. Lots to be learned from this market discussion podcast. For sheer interest - this AI-focused podcast with Ben Goertzel.
Twitter Comment
Bitcoin as a weapon of peace - a thread (highly recommended):
https://twitter.com/Breedlove22/status/1279834587372249088
- Breedlove22
Epic narrative recap of last month in crypto/financial markets (highly recommended):
https://twitter.com/nlw/status/1281577434526220288
- nlw
Enjoy the comradery while you can (recommended):
https://twitter.com/AleksSvetski/status/1279048581366927360
- AleksSvetski
On Eth, scalability and overlooked competitors (highly recommended):
https://twitter.com/JosephTodaro_/status/1280178690916323328
- JosephTodaro_
All DAOs are not created equal:
https://twitter.com/masonnystrom/status/1278708257285169152
- masonnystrom
Many metrics point to economic volatility ahead:
https://twitter.com/AlexSaundersAU/status/1278146071600881664
- AlexSaundersAU
Relearning deflation - a thread (highly recommended):
https://twitter.com/JeffBooth/status/1278771002453880832
- JeffBooth
A moment of non-crypto zen (recommended):
https://twitter.com/justinkan/status/1278800002337214464
- justinkan
Articles
Tracing Bitcoin’s role providing economic, monetary, and political freedom (highly recommended):
https://medium.com/@breedlove22/masters-and-slaves-of-money-255ecc93404f
A hodling reality worth knowing from the onset:
https://medium.com/in-bitcoin-we-trust/the-biggest-secret-nobody-tells-you-before-you-start-hodling-bitcoin-db113ddb0c8b
BTC market dominance is much higher than commonly reported:
https://kryptografen.com/news/bitcoins-reported-market-dominance-is-approaching-70-but-in-reality-it-is-above-90/
A curated list of the best crypto podcasts - hopefully, I’ll make it there someday! (highly recommended):
https://blockworksgroup.io/blog/the-best-bitcoin-crypto-podcasts2020-update?1
YouTube isn’t going anywhere:
https://cointelegraph.com/news/blockchain-exec-says-decentralized-platforms-wont-necessarily-replace-youtube
A fun foray into non-fungible tokens:
https://medium.com/@kurtybot/nifty-wizards-wizard-school-lesson-one-965c45505611
Time your ultimate asset - love it well (non-crypto specific but recommended)
https://www.perell.com/blog/dont-kill-time
Podcasts
An all-star panel plotting the path to the current market chaos and discussing 'where to from here?@ (highly recommended):
https://www.whatbitcoindid.com/podcast/wtf-is-going-on-in-the-markets
Bitcoin is a vehicle of freedom - authored by Alex Gladstein - read by Nathaniel Whittmore (highly recommended):
https://open.spotify.com/episode/7pHUVAAlfaoEXvJuLYS1n3?si=eFNUe9dGSwGH34DIn6-HTA
A wonderfully wide-ranging interview with noted AI researcher and Bitcoin advocate Ben Goertzel (non-crypto focused but highly recommended):
https://open.spotify.com/episode/7a1KzyIHHF51aTsuaEeejE?si=-hRVA1urTrWQQlMsTtVOVQ
YouTube
The case for Bitcoin (highly recommended):
https://www.hardmoneyfilm.com/
Light-hearted but words of caution here re DeFi pumps and declarations of ALT season:
How would hard money deal with an economic crisis?
A brief overview of key Cardano announcements/developments:
Leverage trading - the good, the bad, and the ugly - it's mostly ugly:
A brief explanation of the drivers of currency wars (recommended):
Infographics
Ethereum addresses setting a positive long-term trend:
https://studio.glassnode.com/metrics?a=ETH&m=addresses.NonZeroCount
DEX volume has risen substantially this year:
https://messari.io/article/decentralized-exchanges
Old meme - just as relevant (more so?) today:
http://www.quickmeme.com/meme/3pp616
Website / Utility
Glassnode also tracks Ethereum - excellent source of metrics and charts:
https://studio.glassnode.com/?a=BTC&m=addresses.ActiveCount
Another useful dollar-cost averaging tool for BTC:
Never a dull moment down the crypto rabbit hole. Take the time because you know it's worth it. As always, looking forward to your comments and suggestions.
Note on Sources:
*Twitter & Reddit (cryptos current meta-brains) / Medium / Trybe / Hackernoon / Whaleshares / TIMM and so on/ YouTube / various podcasts and whatever else I stumble upon. The aim is a useful weekly aggregator of ideas rather than news. Though I try to keep the sources current – I’ll reference these articles and podcasts etc. as I encounter them – they may have been published just a couple of days ago or in some cases quite a bit earlier.
*