GBTC Premium is Near Zero; Historically that is Bullish for BTC
GBTC’s premium can act as an indicator for BTC. It is sort of a contrarian misery index. The lower the premium, the closer BTC generally is to a run.
No, Bitcoin isn’t Going to Cause Global Warming
Recent study claimed Bitcoin mining emissions could push global warming above 2°C in three decades (that rise being a tipping point for global warming).If that claim sounds a bit off to you, you are likely correct.
Blockstream’s Bitcoin Liquid Network Is Live
Liquid, a Bitcoin sidechain by Blockstream is live as of October 10th (after being in beta for years). Liquid allows big players to tokenize assets and send them quickly without putting a burden on the main chain.
Zcash Sapling Update Increases Speed and Improves Privacy
Zcash’s Sapling upgrade made a few key changes that improve transaction speeds and privacy.
New Monero Bulletproof Update Means Speed, Privacy, and Lower Fees
Monero’s Oct 18th Beryllium Bullet hard fork, or Bulletproof update, makes lots of changes to the system that fix bugs, speed things up, increase privacy, lower transaction fees, and more.
Is Bitcoin the New Stable Coin / Is this Stable Coin Season?
People are joking that Bitcoin is the new stable coin because it hasn’t moved much recently despite US equities entering a correction. Meanwhile many big name stable coins have been released at once. Is this stable coin season?
Initiative Q Explained
Initiative Q is offering free “money” (“Q” in this case) to get you and your friends to sign up for its managed crypto-like payments system. Their site says all “Q” should be worth $2 trillion dollars. BIG RED FLAGS here folks. Let’s go over what Q is, some warnings, and how to sign up safely if you are determined to do so.
Many Low Cap Alts Are in an Uptrend, That is Encouraging
Although most of the major coins are so stagnant they are stable, many low cap alts have been in an uptrend or even “mooning” recently.
Crypto Showing Itself to Be An Uncorrelated Asset
The recent sell of in the stock market hasn’t had any significant impact on crypto prices. This is one bit of evidence that crypto may be an uncorrelated asset.
Coinbase Launches USDC Trading and Obtains Important License
Coinbase users can now access the stable coin USDC. Also, Coinbase Custody just obtained an important license.