The Digital Assets Report 06
BUSINESS
- The Gamestop Narrative : Reddit forum WallStreetBets squeezing the short position of a formerly high-flying hedge fund. Small investors are empowered like never before.
- After the issue with RobinHood App, Traders are moving to cryptomarkets.
- Wall Street Bets (WSB) craze pumps on XRP and Silver
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- Elon Musk changed his Twitter biography to Bitcoin and the price surged to 15% last Thursday. He said that Bitcoin is on ‘The Verge Of Broad Acceptance' last Sunday.
- Ethereum & DeFi represents respectively $164 billion & $28 billion (17%)
- Coinbase has chosen Nasdaq as its direct listing venue
- Bitcoin Activity Surges In January With 22.3m Active Addresses
MARKETS
OPINIONS
REGULATIONS
The Swiss law, which went into effect Monday, the 1st February, treats tokenized securities as a new asset class providing legal ownership rights to investors via a blockchain
https://www.nytimes.com/2021/01/30/business/dealbook/crypto-regulation-blockchain.html