ROLLUP: 4th Week of February (BIG DIP, NFT Culture, Coinbase IPO, Ethereum Jobs)
Bankless26 Feb 2021

ROLLUP: 4th Week of February (BIG DIP, NFT Culture, Coinbase IPO, Ethereum Jobs)

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MARKETS

BTC Price
$50k - Dip after breaking $58k

ETH Price
Broke $2k - Hanging in mid-$1600s with Dip

TVL in DeFi
Peaked at $43B - Now at $35B

$DPI - $370

Biggest Day Ever for DEX Volume
https://twitter.com/duneanalytics/status/1364473902177677313?s=21

DeFi Pulse Releases New Cryptodollars Page
https://twitter.com/defipulse/status/1364310453959200780?s=20

Retail Isn’t Here Yet
https://twitter.com/lawmaster/status/1364941277129768964?s=20

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RELEASES

Optimism dope hires
https://twitter.com/optimismPBC/status/1364705156705579009

Andreessen Horowitz on Optimistic Rollups
https://a16z.com/2021/02/24/investing-in-optimism/

Dydx Layer 2 w/ ZK-Rollup
https://dydx.exchange/blog/alpha

Chainlink Saving Massively on Gas
https://decrypt.co/59244/chainlinks-latest-upgrade-a-rapid-evolution-for-defi-ceo-sergey-nazarov

Balancer Aave Partnership
https://medium.com/balancer-protocol/balancer-partners-with-aave-to-build-the-first-v2-asset-manager-d9c173330151

Zapper NFT Dashboard
https://twitter.com/DeFi_Dad/status/1364308685753843726?s=20

Alchemix
https://twitter.com/AlchemixFi/status/1363658484303097858

Tim Beiko proposal for EIP1559 inclusion in London ETH 1 hard fork
https://github.com/ethereum/pm/issues/254

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NEWS

Fedwire goes down
https://www.cnbc.com/2021/02/24/the-feds-system-that-allows-banks-to-send-money-back-and-forth-is-down.html

Coinbase Files To Go Public
https://twitter.com/lawmaster/status/1364918649425973249?s=20

Nyan Cat NFT sells for 300ETH
https://foundation.app/NyanCat/nyan-cat-219

Alpha / Cream Repaying Funds
https://blog.alphafinance.io/joint-announcement-on-funds-repayment/

South Korea Bans Privacy Coins from Crypto Banks
https://news.bitcoin.com/south-korean-financial-regulator-confirms-privacy-coin-delistings-adds-new-guidelines-to-report-unusual-transactions

Square Buys $170mm BTC
https://twitter.com/DeItaone/status/1364319316750061570

MicroStrategy Buys $1.026B BTC
https://www.coindesk.com/microstrategy-buys-billion-dollars-bitcoin

Tether & Bitfinex New York Settlement - $18.5mm
https://www.theblockcrypto.com/post/95207/bitfinex-tether-new-york-ag-settlement-lawsuit

Brave Wallet + DEX Aggregator - Doubling down
https://twitter.com/brave/status/1364296807614930948?s=20

SoRare Professional Soccer (football) NFT Platform
https://sorare.com/

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TAKES

Michael Burry (Big Short) On Inflation
https://markets.businessinsider.com/currencies/news/big-short-michael-burry-warns-inflation-bitcoin-gold-hedge-risk-2021-2-1030102452

NFT Inflection Point
https://twitter.com/jbrukh/status/1364785907379941377?s=20

Emotional Robbery by Web2 platforms
https://twitter.com/TrustlessState/status/1364786359932575745?s=20

Current Prices are the bottom of next Bear Cycle
https://twitter.com/cburniske/status/1363189837675646977?s=20

Ethereum the Employer
https://twitter.com/TrustlessState/status/1364603328601022467?s=20

Ryan's Jaded About Delegated POS
https://twitter.com/ryansadams/status/1364789743054159876?s=21

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MEME

L2 Implementers Assemble
https://twitter.com/Crypt0xWife/status/1364044469323128833?s=20

I am Groot
https://twitter.com/Crypt0xWife/status/1363325351724806145?s=20

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https://twitter.com/ryansadams

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https://twitter.com/TrustlessState

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures

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Episoder(1342)

ROLLUP: The Bull Market is On? | Zcash & NEAR | Kalshi Wash Trading | BlackRock Goes Onchain

ROLLUP: The Bull Market is On? | Zcash & NEAR | Kalshi Wash Trading | BlackRock Goes Onchain

The bull market may be back, but Bitcoin might not be leading it. Ryan and David break down the early-bull signals, Zcash and NEAR’s surge, rising yields, Kalshi’s wash-trading controversy, and BlackR...

25 Sep 1h

FOMO, Meme Stocks and Robinhood Chain | Andy8052 & Eric Conner

FOMO, Meme Stocks and Robinhood Chain | Andy8052 & Eric Conner

Meme coins are back, but this time the more interesting story may be what they're building around them. David sits down with Eric and Andy to unpack the latest meme-coin cycle, the rise of stock-paire...

23 Sep 56min

How Robinhood is using the SEC's New Innovation Exemption | Johann Kerbrat

How Robinhood is using the SEC's New Innovation Exemption | Johann Kerbrat

Robinhood is trying to erase the line between crypto markets and traditional finance. David sits down with Johann from Robinhood to unpack the rise of tokenized stocks, why so much activity is already...

21 Sep 37min

ROLLUP: The Bull Market Test | Clarity Dies | SEC Opens the Door | Hyperliquid Comes Onshore

ROLLUP: The Bull Market Test | Clarity Dies | SEC Opens the Door | Hyperliquid Comes Onshore

Crypto just shrugged off a Fed hike and the death of the Clarity Act. Ryan and David break down the early-bull signal, the SEC’s tokenized-stock breakthrough, the coming options race, and Hyperliquid’...

18 Sep 53min

Arc Mainnet, AI Agents, and Tokenized Markets | Nikhil Chandhok, CTO of Circle

Arc Mainnet, AI Agents, and Tokenized Markets | Nikhil Chandhok, CTO of Circle

Circle just launched Arc Mainnet, and its ambition is much bigger than putting USDC on another blockchain. Circle Chief Product and Technology Officer Nikhil Chandhok joins David on launch day to unpa...

16 Sep 51min

Crypto is Ready for Onchain Options | Nick Forster, CEO of Derive

Crypto is Ready for Onchain Options | Nick Forster, CEO of Derive

Getting the direction of ETH right doesn’t guarantee you survive the trade. Derive co-founder Nick Forster joins David Hoffman to unpack why crypto’s options market has lagged behind perps, and why he...

14 Sep 45min

ROLLUP: Is Altcoin Season Here? | Treasury’s Bond War | Robinhood Chain Mania | OpenAI’s Math Controversy

ROLLUP: Is Altcoin Season Here? | Treasury’s Bond War | Robinhood Chain Mania | OpenAI’s Math Controversy

Crypto speculation is back, but is this really a new bull phase? Ryan and David unpack the altcoin surge, Treasury’s escalating bond-market fight, Robinhood’s tokenized stock boom, and the OpenAI cont...

11 Sep 1h 4min

The New Economics of Crypto Tokens | Austin Barack

The New Economics of Crypto Tokens | Austin Barack

What if the most interesting crypto investments of the next cycle aren’t new blockchains at all? RockawayX Liquid founder Austin Barack joins David to explain why his attention has shifted toward a sm...

7 Sep 1h 6min

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