Daily Crypto NewsEDITION #139, 29 January 2021

Whales’ song, can you hear the voices?

Hey #Moni Maker 👌

Today, in 2000, waitress Cynthia J. won $35 million on a “One-armed bandit” machine at a Las Vegas casino. This is the world's largest slot machine win. Today, zoomers are multiplying their wealth on the Robinhood "machine," and institutional investors are making tens and even hundreds of millions USD with bitcoins. Times change, but the urge to get rich remains. Anyway, there's no time to procrastinate.

Let’s go!

Coinbase today announced its intention to become a public company under a proposed direct listing of Class A common stock.

Such listing will be pursuant to a Form S-1 registration statement with the Securities and Exchange Commission (SEC).

So what?

Wow, Armstrong must be gunning for Zuckenberg's seat, or at least a doghouse near Mark's palace. Just kidding :)

Does Coinbase want to list EVERYTHING on this planet? MoniTalks for example?

According to CoinMetrics, the number of addresses containing more than 1K BTC has increased by almost 8% since the beginning of the year.

So what?

A MONTH. And it's already almost 10%!

Conclusions are up to you. If you can't figure it out yourself, there's a tip at the end of the digest.

Reddit aka "the home page of the Internet" has announced a partnership with the Ethereum Foundation to develop blockchain scaling solutions.

Reddit has over 50 million daily visitors. The partnership is to "bring Ethereum to the scale of Reddit's operations."

"Our blockchain efforts will be led by Reddit's Crypto team (hi!). We are currently hiring great backend engineers who want to build the decentralized Internet. If you’re interested in solving tough problems like scaling and bringing blockchain to millions of users, send me a PM or apply directly on Reddit’s careers page -- we’d love to talk to you!" the announcement reads.

As a reminder, last year Reddit launched a loyalty program with its own ERC-20 tokens based on Ethereum.

So what?

A decentralized internet?! Hmmm!

Apparently Grandpa-TOR is about to see his grandchildren; kudos!

Reddit is going in the right direction: unlike the scandalous Facebook, it's trying to develop Internet, not enslave it. RESPECT +100

User r/wallstreetbets (the subreddit which pumps GME) mentioned Dogecoin. The DOGE token was up 90% within hours. Within 12 hours of the tweet, the token was up more than 250%.

DOGE is now almost 84% higher than it was a day ago.

— EasyFi (EASY) announced a partnership with Blockpass;

— Elrond (EGLD) reached a capitalization of $1 billion;

— Binance launches trading in perpetual futures contracts on LUNA/USDT

And one more thing...Buy Bitcoin! 😉