Today’s Animal Spirits is brought to you by BlockFi
On today’s show we discuss:
- 95% of Bitcoin is controlled by 2.4% of accounts
- Gas fees on the Ethereum blockchain
- Crypto shadow banking explained
- Packy McCormick explains BlockFi
- Why I’m having trouble holding
Every day #Bitcoin stays around $60k, the total market cap grows by ~$54MM.
When Bitcoin's price is flat it’s market cap is still growing.
— Harry Hurst (@harryhurst) April 13, 2021
The daily fees paid by users to use each of these respective blockchains.
— Michael Batnick (@michaelbatnick) April 6, 2021
"Over the last few years, the crypto credit market has grown exponentially … the key players in this market include Genesis, which originated $7.6 billion in loans in Q4 of 2020 alone." https://t.co/FQ0L8c1vbS pic.twitter.com/rqmtw7xoxz
— Genesis (@GenesisTrading) March 24, 2021
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