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Bloqport Insights

@Bloqbot

Insights and research in to the world of cryptocurrencies from @bloqport

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Bloqport Insights Reposted

MicroStrategy will continue to purchase #bitcoin this year says it’s CFO Phong Le: “Our strategy with bitcoin has been to buy and hold, so to the extent we have excess cash flows or we find other ways to raise money, we continue to put it into bitcoin,”

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Bloqport Insights Reposted

Ray Dalio on #Bitcoin: "It’s almost a younger generation’s alternative to gold and it has no intrinsic value, but it has imputed value and it has therefore some merit." bloqport.substack.com/p/ray-dalio-sa…


90% of all #Bitcoin has now been mined, the remaining 10% is not expected to be mined until February 2140

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#Bitcoin's hashrate back at the all time high range, nearly retracing the entire China ban dump from 6 months ago

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The #Bitcoin Fear and Greed Index is currently sat at 21: Extreme Fear

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This was an incredibly detailed and well thought out hack

Cream hack early analysis - 1. Using account A, Flash Borrow 500m DAI 2. Deposit 500m dai into yDAI 3. Deposit ~500m yDAI into yUSD 4. Deposit ~500m yUSD into yUSDVault 5. Mint ~$500m crYUSD (it used yUSDVault as underlying)

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$514.72 million liquidated over the past hour

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Looks like Binance Smart Chain might be following in the steps of Ethereum's EIP-1559 with its own fee burning mechanism

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CME #Bitcoin futures open interest at an all-time-high:

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Total crypto market reaches $2.5 trillion for the first time since July:

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CME #Bitcoin futures open interest at an all-time-high:

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President Vladimir Putin says crypto "has value but I don’t believe it can be used in the oil trade,” — CNBC


Bitcoin-to-gold ratio at its highest since May after this recent rally:

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