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Bitcoin subreddit hits 2M subscribers following GameStop controversy

More than 200,000 Redditors joined the page last week. Source: https://cointelegraph.com/rss Bitcoin subreddit hits 2M subscribers following GameStop controversy

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Hedge fund behind shorting GameStop reports 53% loss in January

A Melvin Capital client claims that the firm has “massively de-risked” its investment portfolio following the controversy involving short-selling GameStop stocks. Source: https://cointelegraph.com/rss Hedge fund behind shorting GameStop reports 53% loss in January

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Top 5 cryptocurrencies to watch this week: BTC, ETH, UNI, ATOM, COMP

Bitcoin price fell back into the descending triangle but this dip may attract buyers to altcoins and DeFi tokens in the short term. Source: https://cointelegraph.com/rss Top 5 cryptocurrencies to watch this week: BTC, ETH, UNI, ATOM, COMP

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‘When alt season?’ eToro may have some answers

In 2020, holding the top 100 altcoins equally was a more lucrative investment than Bitcoin up until Dec. 18, according to eToro. Source: https://cointelegraph.com/rss ‘When alt season?’ eToro may have some answers

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Uniswap (UNI) and Compound (COMP) hit new highs as DeFi TVL reaches $27.6B

The governance tokens for Uniswap and Compound reached new 2021 highs as altcoins and DeFi tokens pushed higher today. Source: https://cointelegraph.com/rss Uniswap (UNI) and Compound (COMP) hit new highs as DeFi TVL reaches .6B