Why Bitcoin Eats Altcoins For Lunch.
"The best monetary good (bitcoin) becomes money, and the rest are nothing more than gambling in a casino."
Written by @MimesisCapital.
"The Federal Administration of Public Revenue (AFIP)...has ordered all cryptocurrency exchanges operating within the country to file comprehensive transaction data on their customers every month,"
@BTCTybrrr covers the news:
The trust services are built on DBS Digital Exchange and it would be offering Bitcoin services to private banking clients for asset management.
@hardeyjumoh covers the news:
Bitcoin Information Theory: B.I.T.
"Concluding with the trite axiom, “bitcoin fixes this,” does not even begin to do the solution that is bitcoin the justice it deserves. Bitcoin addresses this problem like Cinderella’s slipper."
Bitcoin will change Jack, Elon and everyone else. https://twitter.com/jack/status/1393310054355451904
Seems like prodding the beehive went quite badly for #DarkSide https://krebsonsecurity.com/2021/05/darkside-ransomware-gang-quits-after-servers-bitcoin-stash-seized/
Interesting trends with the BTC Futures Open Interest/Market Cap Ratio, which is at pretty healthy levels currently.
In terms of price action, it is preferable to see a lower amount of leverage as a percentage of market cap.