May 2020

Ethereum DeFi Nears $1 Billion Milestone Again, and That’s Big for the ETH Bull Case

May 31, 2020 boss

Ethereum’s budding decentralized finance (DeFi) ecosystem took a heavy beating after the March capitulation crash. As I detailed in an analysis for LongHash, what happened was that MakerDAO became unstable due to what some say is an erosion in trust in the protocol. Ethereum investor Parafi Capital wrote in a blog post: “We believe this lack of stability and liquidity is translating into uncertainty around using DAI as a decentralized stablecoin in many DeFi protocols. Anecdotally, we have heard a handful of DeFi teams express frustration over DAI’s lack of…

Meghan Markle & Prince Harry Are Nothing More Than Professional Freeloaders!

May 31, 2020 boss

The couple claims they wanted financial independence. When will Meghan and Harry get the ball rolling? So far, they’ve paid for absolutely nothing. Let’s face it, Meghan and Harry are laughable freeloaders! From what I recall, Prince Harry and Meghan Markle claimed they were stepping back from royal family duties to pursue freedom and financial independence. I have to ask the question, at which point will they begin taking the financial independence part seriously? Maybe by “financial independence,” they mean independence from using their own finances? And just relying on…

Jake Paul Loots the Entire BLM Movement Then Issues an Entitled Apology

May 31, 2020 boss

Jake Paul was filmed with looters at a mall in Scottsdale, AZ. After facing massive backlash, Paul tweeted a pathetic apology, where he mostly tried to defend himself instead of admitting he was wrong. He’s literally stealing what’s most valuable to him (aka ‘looting’) from the entire BLM movement. Hey Jake Paul, we saw you. The disturbingly famous “YouTube star” Jake Paul was filmed looting in an Arizona mall on Saturday night during the George Floyd protests. Paul, who’s popular for being the brother of problematic YouTube star Logan Paul,…

Goldman Scandal, BTC Bull Trap Fears, How Libra Will Make Money: Hodler’s Digest, May 25–31

May 31, 2020 boss

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Goldman Sachs butts heads with Bloomberg over Bitcoin One of the world’s biggest investment banks caused a stink this week when it declared cryptocurrencies are not an asset class. In a leaked PowerPoint presentation, Goldman Sachs warned Bitcoin doesn’t provide diversification benefits, dampen volatility in…

Trading Bitcoin Vs. BTC Futures — Which Is Best for You?

May 31, 2020 boss

There’s an increasing number of exchanges offering futures contracts trading. So far there’s Binance, FTX, Bitfinex, Bybit, and Kraken, to name just a few. Volumes are also picking up across the board and it appears that retail traders are growing more interested in experimenting with these complex instruments. As recently reported by Cointelegraph, there are multiple benefits to using futures trading. Traders using them can hedge and maintain peace of mind during periods of high volatility. Futures contracts can be used to reduce risk and leverage bets when the appropriate…

Key Indicator: Bitcoin and Other Top Cryptos Are Printing “Perfect Sell Setups”

May 31, 2020 boss

After plunging last week, the Bitcoin market has mounted a hefty recovery over the past week. The leading crypto asset traded as high as $9,700 on Saturday evening — just a few percentage points shy of the monthly high. Ethereum has fared even better, with the asset pushing 10% higher within a 24-hour time period this weekend. This recovery has convinced many traders that the crypto market is on the verge of a full-fledged bull run, but a key indicator is suggesting a “perfect sell setup” has formed. Bitcoin &…