Rumbles in the market, volumes up, alts popping and BTC pushing 4.1k. Too early to call a change of trend and beware a massive bull-trap in the making. Regardless, the market side of things has picked up pace. Fake volumes are finally being called out and 'trustworthy' exchanges beginning to gain recognition for doing the 'minimum'. Lots of developments from Cardano finally getting hardware support to Initial Exchange Offerings beginning to gain steam.
Pick of the Week
Messari's true volume data feed. Useful for anyone wishing to track crypto volume development absent a sea of wash trading. The good news is the despite massive inflation the underlying trend in crypto volume is trending upwards and significantly so. Messari also comes with a bevy of useful indicators for day traders and investors alike.
A call to decentralize to put control back in your own hands:
BTC hashrate growth outpacing miner hardware development:
An elegant explanation of Proof of Work
Scatter has developed at incredible speed:
Good advice on two-factor authentication best practices:
Short and true on BTC:
Chomsky on the servitude of work:
CryptoPilots launches on Trybe - check it out:
Early, early days for the crypto market (recommended):
Remember crypto is the preserve of the West - (comparatively) energy and optimism is found in the East:
A week in the world of Lightning developments:
This article completely misses Edna but its central thesis remains worth a read:
Crypto as an inevitability:
Exploring the likely contenders towards becoming a cashless society:
Incentives - being aware of the underlying purpose for the information you are presented with is often as important as the information itself:
Far and away the best daily update in crypto:
The reason exchanges coins have been pumping -Initial Exchange Offerings (highly recommended):
Colin Talks Crypto speculates about Block.one June release (interesting for EOS holders but opinion only):
Proof of Work Miner Revenue Table:
Key Concepts tackled by Cardano:
Website / Utility
Messari just gave traders a 'real volume tool' - I know I'll be using this:
Big week - lots happening and many projects on the move. Expect the coming months to be anything but stagnant. As always looking forward to your reflections and suggestions. Until next week!
Note on Sources:
Twitter & Reddit (cryptos current meta-brains) / Medium / Trybe / Hackernoon / Whaleshares / TIMM and so on/ YouTube / various podcasts and whatever else I stumble upon. The aim is a useful weekly aggregator of ideas rather than news. Though I try to keep the sources current – I’ll reference these articles and podcasts etc. as I encounter them – they may have been published just a couple of days ago or in some cases quite a bit earlier.