Cointelegraph

⁠Bitcoin subreddit hits 2M subscribers following GameStop controversy More than 200,000 Redditors joined the page last week.

⁠Hedge fund behind shorting GameStop reports 53% loss in January A Melvin Capital client claims that the firm has "massively de-risked" its investment portfolio following the controversy involving short-selling GameStop…

⁠Top 5 cryptocurrencies to watch this week: BTC, ETH, UNI, ATOM, COMP Bitcoin price fell back into the descending triangle but this dip may attract buyers to altcoins and DeFi tokens in the short term.

⁠‘When alt season?’ eToro may have some answers In 2020, holding the top 100 altcoins equally was a more lucrative investment than Bitcoin up until Dec. 18, according to eToro.

⁠The future of crypto trading will be omni-chain 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.

⁠Indian government looking to crack down on crypto scams with proposed ban: Cashaa CEO Kumar Gaurav said "there is no way any government" can outright ban crypto given its nature as a global and decentralized system.

⁠Thanks Bitcoin, MicroStrategy stock is up 113% since being downgraded by Citigroup MSTR stock has surged by roughly 113% since Dec. 8 when it was downgraded by a Citigroup analyst.

⁠Decentralized identity is the way to fighting data and privacy theft In the digitizing world, identity is everything and blockchain is to make it safe for everyone: users, businesses and governments.

⁠Bitcoin ‘ascendant’ as GameStop saga unfolds, Bitfinex CTO says The GameStop short squeeze and Bitcoin have a lot more in common than appears at the surface, according to Paolo Ardoino.

⁠Institutional demand for crypto isn’t subsiding, but impact will be gradual As another $2-trillion stimulus package looms in the U.S., institutions will continue to look at BTC as a hedge against inflation.

​​Why the crypto world needs to build an Amazon of its own Building a crypto-focused alternative to Amazon and eBay doesn’t just make it easier to spend digital assets, it can give the unbanked access to capital. #Sponso…

⁠DeFi has to be improved by embracing its peer-to-peer aspect The time has come to make decentralized finance more P2P-oriented than it has been so far.

⁠How much is too much? Crypto art market brings together deep pockets and big artists In the future, owning unique art won’t be restricted to the elites, but will everyone have digital art on their walls?

⁠Is the weakness of Bitcoin after the 'Elon Musk pump' hinting at a bull trap? Bitcoin is slowing down and weakening on-chain metrics are forcing traders to turn cautious in the short term.

⁠Blockchain is not a panacea, but where needed, it’s the savior For managers, entrepreneurs and builders working with blockchain, performing a cost-benefit analysis of DLT implementations is crucial.

⁠DeFi is the future of banking that humanity deserves Public trust in banks and bankers never fully recovered after the Great Recession, and DeFi has ground to cover in this particular area.

⁠Uniswap (UNI) and Compound (COMP) hit new highs as DeFi TVL reaches $27.6B The governance tokens for Uniswap and Compound reached new 2021 highs as altcoins and DeFi tokens pushed higher today.