Crypto Exchanges see Major Influx in New Users
Robinhood Frustrations highlight centralized and decentralized cryptocurrency exchanges! Investors with Robinhood frustrations are helping to drive several of these exchanges’ tokens to new highs. Last week, GameStop (GME) and other stocks were involved in a...
WallStreetBets Pump and Dump Group Infiltrate the Crypto Markets
WallStreetBets Coin cracks 10 ten.....?! WallStreetBets Coin suddenly appeared at the top of CoinMarketCap’s rankings, but is it an actual token? Reddit’s r/Wallstreetbets has apparently spread to the cryptocurrency space. Dubbed WallStreetBets (WSB), the new...
Jihan Wu finally leaves Bitmain.
Jihan Wu resigns from Bitmain! Jihan Wu resigns from Bitmain, confirming a rumor that has swirled since December of 2029. Jihan Wu and Micree Zhan have reached a settlement that finally ends the power struggle at Bitmain headquarters. He announced his...
Ivy League Endowments are Buying Bitcoin through Coinbase since 2020
CoinDesk learns that Ivy Leagues buy Bitcoin! Ivy Leagues buy Bitcoin through their endowments quietly, according to a report from CoinDesk. Ivy’s including Harvard, Yale, and Brown, as well as other prestigious universities like The University of Michigan, have...
Biden’s U.S. Treasury Pick to bring More Regulation
Janet Yellen promises cryptocurrency regulation! In statements, Janet Yellen promises cryptocurrency regulation, clarifying what she’d do if she were confirmed as the Treasury Secretary of the United States. Some quotes from the finance committee are as follows:...
MicroStrategy Bought the Dip, now Owns 70,000+ Bitcoin
MicroStrategy purchases $10m more in Bitcoin, with an average price of $31,808! MicroStrategy purchases $10m more in Bitcoin according to an announcement from CEO Michael Saylor. The company now owns 70,784 Bitcoin worth around $1.13 billion dollars at time of...
Grayscale Fund is Buying All the Bitcoin
Grayscale buys Bitcoin like there’s no tomorrow! Grayscale buys Bitcoin yet again - they bought 16,244 bitcoins yesterday. This figure corresponds to 18 times more Bitcoin than what was mined in total during the day. Grayscale’s total investment in Bitcoin is worth...
A Deep Dive on Tether
Tether collapse inevitable? Today on CTP, we will be discussing whether or not a Tether collapse is on the horizon - everytime we examine Tether more closely, new information is brought to light. It’s usually not good news for Tether. For example, up until 2017,...
PolkaDOT Climbs to Top 4 by MarketCap
PolkaDOT overtakes XRP in market valuation! PolkaDOT overtakes XRP with $16.8 billion in market capitalization, beating XRP’s market cap by over $4 billion. Before December 23, 2020, Polkadot had a market capitalization of just under $4.5 billion and an average...
Jack Dorsey Defends Trump Ban while Promoting Bitcoin in Twitter Thread
Jack Dorsey defends Twitter ban on Donald Trump. Jack Dorsey defends Twitter ban in a series of tweets after the platform banned @RealDonaldTrump on Friday. The ban was in response to fears that the president could use the page to incite further violence following...