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All things Ethereum, Bitcoin, DeFi, Blockchain, Crypto, and Web 3.0. With analysis of the macro trends and technological innovation as we build the future of money.
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Update; PancakeSwap (CAKE) has officially surpassed ERC-20 based Uniswap for most volume in the last 24 hours. It is now the largest decentralized exchange in the world by volume. Get some CAKE and BNB if you don't have some :).
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An easy way to invest in the Binance Smart Chain ecosystem is to get the BInance Token, which is BNB. It is up 125% in the last week. It is used extensively in the BSC ecosystem.
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PancakeSwap (CAKE) is now the 2nd largest decentralized exchange in the world and on track to beat out Uniswap later this week. Yet it’s market cap is just 25% of Uniswap’s $6.3B. This is one of the reasons why CAKE’s token price is up 89% this week alone. You can pick up some CAKE on Binance :).
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Goldman Sachs, JP Morgan, and UBS have also invested in Polkadot via an Exchange Traded Product suggesting strong institutional backing of DOT. https://www.coindesk.com/goldman-sachs-jpmorgan-ubs-are-trading-an-etp-tied-to-polkadots-crypto
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Please pass this week's newsletter along to your friends... as well as the link for this group @thecointimes
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Here is The Coin Times for today Thursday, February 18, 2021 -- https://cointimes.substack.com/p/the-exploding-binance-smart-chain
In this issue we talk about the explosive growth of the Binance Smart Chain and Polkadot ecosystems.
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The market cap of all cryptocurrencies ($1.5T) is now higher than the market cap of Google. Amazon is next...
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Both Kusama (KSM) and Polkastarter (POLS) are up more than 50% since we wrote about them on Saturday. 👍👍
https://cointimes.substack.com/p/polkadot
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Here's a great video on Polkadot with good analysis... https://www.youtube.com/watch?v=o2v5eGQqU8U
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You can read today's issue of The Coin Times at https://cointimes.substack.com/p/polkadot.
Please pass it along to friends who may be curious about Polkadot -- the project we believe will be #3 after Bitcoin and Ethereum...
In today's issue:
Polkadot Up 998% Since Its August 2020 Launch
How I First Heard About Polkadot
What is Polkadot and How Do I Invest In It?
The Polkadot Token (DOT)
The Kusama Token (KSM)
Polkadot is Beating Cardano in Developer Activity
Active Protocol Developers as of October 2020
Polkadot Projects With Live Tokens
Polkadot Ecosystem Map
My Crypto Portfolio Recommendations (Updated)
The People We’re Following Closely on Twitter
If You’re Just Getting Started With Crypto, Start Here
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The three most important assets to hold in the 2020s:
1. Bitcoin
2. Ethereum
3. Polkadot
Your thoughts?
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Here is today's newsletter edition... https://cointimes.substack.com/p/is-bitcoin-in-a-bubble-nope-not-even
In Today's Issue: Is Bitcoin In a Bubble? Nope.
The Impact of $1.5B Tesla Purchase
NEXO Tokens up 28%
What the Fed Says About DeFi
My Crypto Portfolio Recommendations
Enjoy and please share freely with your friends.
Please pass along @thecointimes to other Telegram crypto groups.
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Here is today's PDF addition. Today we write about whether Bitcoin is in a bubble. (it's not).
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Breaking News: Tesla just announced in an SEC filing it purchased $1.5 billion of Bitcoin in January 2021. Elon Musk was just messing with us all about Doge. This is a very positive signal. The single largest purchase by a public company in history.
Source: https://www.sec.gov/Archives/edgar/data/0001318605/000156459021004599/tsla-10k_20201231.htm
Page 23, 1st paragraph
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I really hope no one in the group bought Doge recently. However if you do own Doge it’s a really good time to sell. Doge is known as a joke, has had no development in over six years, and has no limit on its supply. Switch over to btc or eth now. Doge is likely going to crash by about 70-80% this week. Just another GameStop gamble with little to no fundamental value. What gives a coin fundamental value? The number of users, miner fees, transaction fees, staking dividends, apps built on top of it, ability to send payments, limited supply, a good team of developers, and blockchain technological advancements. Doge has none of that. The other thing doge is good for is getting more people interested in understanding crypto better. They get it then start learning more.
