Why are traders shorting Michael Saylor’s MicroStrategy?

I recently caught wind of an interesting Cointelegraph article explaining how investors could earn 41% APY on their Bitcoin without converting it to renBTC or WBTC.In the article, the writer laid out a detailed case for generating yield on Bitcoin (BTC) holdings by investing in options markets instead of decentralized finance (DeFi) apps.While we are…

Is DeFI unravelling, or are these just growing pains? The rapidly expanding DeFi space is becoming riddled with scams as another suspicious project has headed for the exits carrying speculators' money."A new liquidity mining pool DeFi project, Yfdexf.Finance has exited the market after defrauding investors of $20 million in total funds locked in its protocol,"…

The Social Science Research Network (SSRN) recently published research studying the phenomenon of pump-and-dump groups within the crypto community. The paper — conducted by seven academics from Tel Aviv University, the University of Tulsa and the University of Mexico — concluded that “regulators should be very concerned that price manipulation via pump and dump schemes…

With decentralized finance and nonfungible tokens seeing a meteoric, rise it’s easy to believe crypto apps are finally breaking through. But is there actually real user growth, or is it just the same influencers moving from one hyped market to the next? We sought to answer this puzzle and identify what it means for the…

Pontem founder Boris Povod said the partnership was aimed at improving Polkadot’s current node infrastructure, with Pinknode providing “reliable and secure API endpoints.” The decentralized application aiming to connect Facebook’s Diem blockchain with public networks is partnering with node infrastructure provider Pinknode.In a Friday announcement, the Pontem Network said it would be working with Pinknode…

The number of wallets with less than $10 in BTC swelled by 75% in the same period but cryptocurrency’s middle class shrank.

The DaVinci platform intends to offer perks from subscription NFTs and immersive creator exhibitions to digital and real-world fan events. 443 Total views 15 Total shares The Layer 2 scaling solution Polygon (MATIC) and Cere Network, a Decentralized Data Cloud platform, or DDC, announced the launch of their joint venture Web3 media platform, named DaVinci.…

The price of ETH, the native cryptocurrency of Ethereum, achieved a record-high on CME launching dedicated futures. 287 Total views 4 Total shares The price of Ether (ETH), the native cryptocurrency of Ethereum, achieved a new all-time high on Feb. 9, 2021. On Binance, ETH rallied to as high as $1,830 merely hours after it…

Friday, September 14: After yesterday’s bullish upswing, crypto markets have today been hit with widely-dispersed corrections. Ethereum (ETH) is today’s most resilient large-market-cap altcoin, seeing the most notable growth on the day among the top twenty cryptoassets, as data from Coin360 shows.Market visualization by Coin360After soaring 18 percent on the day yesterday, September 13 –…