Daily Crypto NewsEDITION #EP12, 24 August 2020

Moni Talks EP12: The Continuation of DeFi Hype

📘 See the vital crypto-market stats here.

🚀 Bitcoin advocates are heralding the start of a new era.

📈 Exactly one year from now (16 Aug 2021) the Bitcoin stock-to-flow price model predicts 100K for the first time.

💸 The search interest for "buy bitcoin" increased rapidly before the halving this year, but has not seen the same growth over the past month as "buy crypto".

🏦 According to AssetDash, Bitcoin has briefly outrun the market cap of the Bank of America.

🏅 Morgan Creek Digital co-founder, Anthony Pompliano, expects Bitcoin's market cap to surpass gold's market cap by Dec 31, 2029.

🔑 The decline of Bitcoin exchange balances signals reduced selling pressure.

👀 According to TradingView, Tesla, and Bitcoin are the most viewed assets in America.

🏹 Robinhood has announced a $200 million Series G funding at an $11.2 billion valuation from D1 Capital Partners.

🔈 Cryptocompare stated that while the volumes of major crypto exchanges have grown, the ones of smaller exchanges have declined.

🔒 The amount of funds locked in DeFi projects continues its surge.