More than 200,000 Redditors joined the page last week.
A Melvin Capital client claims that the firm has “massively de-risked” its investment portfolio following the controversy involving short-selling GameStop stocks.
We’re not just witnessing the changing nature of market forces. We’re also seeing a shift in the definition of market “fundamentals.”
Bitcoin price fell back into the descending triangle but this dip may attract buyers to altcoins and DeFi tokens in the short term.
The top 100 altcoins, when held equally, were a more lucrative investment than Bitcoin for most of 2020, according to eToro.
While the past week has been somewhat tumultuous, to put it mildly, for both crypto and stock markets, it looks like digital tokens related to decentralized exchanges (DEXs) are actually having a great time.
The post DEX tokens soar as trust in centralized exchanges is eroding appeared first on CryptoSlate.
“Traditional Crypto-Pump groups are being copied and legitimized by WallStreetBets,” Jehan Chu, co-founder and managing partner at Kenetic Capital, told CoinDesk.
The price jump coinciding with Elon Musk’s Twitter attention retraced over the weekend.
The only way for DeFi to realize its potential is through an omni-chain approach, enabling assets of any kind to flow freely through all platforms.
Kumar Gaurav said “there is no way any government” can outright ban crypto given its nature as a global and decentralized system.