Daily | May 25, 2021
Chia Network, Ray Dalio, Augur, Coinbase, One River, Outflows
Chia Network raised $61M on $500M+ valuation from a16z, others
Bridgewater’s Ray Dalio Says He Prefers Bitcoin to Bonds
Augur Adds Sports Betting With Launch of Polygon-Based ‘Augur Turbo’
JP Morgan issues Buy on Coinbase, Mizuho trims price target
One River Files for Carbon-Neutral Bitcoin ETF
$97M of outflows last week, 0.2% of AUM, altcoins saw positive sentiment
Food for thought
A Correction Like Every Other, but DeFi Ultimately Won (Jeff Dorman)
Don’t Bet Against Beijing’s Efforts to Smother Bitcoin (WSJ)
Reading the “Tea Leaves” hidden in Derivatives Data (Deribit)
An Ape-Friendly Guide to DeFi Yield Derivatives (The Defiant)
Bitcoin’s Big Shift: A Data-Driven Analysis of the May 2021 Crypto Crash
Reddit forum discussions swing from meme stocks to crypto (FT)