ROLLUP: 2nd Week of March (Beeple NFTs, EIP1559, Stimulus Checks, GBTC)
Bankless
Understanding the Confusion: NFTs and the Early Internet
This chapter humorously addresses the bewilderment surrounding NFTs and the experience of owning digital assets. It parallels past technological misunderstandings, examining curiosity about the practicality and market dynamics of NFT ownership.
Download the crypto meta to your brain in this weekly show. ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/ 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ ------ GO BANKLESS WITH THESE SPONSOR TOOLS:
⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave
🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini
💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith
📈 KWENTA - DERIVATIVES TRADING WITH INFINITE LIQUIDITY https://bankless.cc/kwenta ------ 📣REGISTER FOR COINDESK CONSENSUS 2021 AND SAVE $20 W/ BANKLESS http://bankless.cc/consensus2021 ------ MARKETS
BTC Price: $55k
ETH Price: Low-Mid 1800s Mostly
TVL in DeFi: $41.2B
$DPI: ~$450
MEV Dashboard https://explore.flashbots.net/
DeFi Undervalued? Coinbase vs. DeFi https://twitter.com/StaniKulechov/status/1369314364944244737?s=20
Global Banking $6.2 Trillion, DeFi $85B https://twitter.com/0x_Lucas/status/1369808216490602498?s=20
$3B valuation BlockFi: https://twitter.com/BlockFiZac/status/1370012146503929856?s=20
DAOs With Treasury Reports https://twitter.com/Matthew_Graham_/status/1367521656927838209?s=20
GBTC Trading 15% Below BTC Spot Prices https://www.coindesk.com/grayscale-halts-new-investments-in-gbtc-after-trading-at-15-below-bitcoin
------ RELEASES
Send From Arbitrum to xDAI (Hop Protocol) https://twitter.com/HopProtocol/status/1367914160483299332?s=20
Optimism Dai Bridge with Fast Withdrawals https://forum.makerdao.com/t/announcing-the-optimism-dai-bridge-with-fast-withdrawals/6938
Superfluid https://twitter.com/superfluid_hq/status/1369676939913486337?s=21
FEI Protocol https://www.coindesk.com/coinbase-naval-framework-ventures-19m-raise-fei-stablecoin
------ NEWS
$1.9T Covid Relief Bill and $1400 Stimulus Checks https://www.nbcnews.com/politics/congress/senate-passes-1-9-trillion-covid-relief-bill-including-1-n1259795
Fed Says Reopening Could Cause Inflation https://www.cnbc.com/2021/03/04/fed-chairman-powell-says-economic-reopening-could-cause-inflation-to-pick-up-temporarily.html
EIP1559 Approved for London Hard Fork https://twitter.com/TimBeiko/status/1367858606889037824?s=20
EIP1559 - Front Page of Bloomberg https://i.redd.it/hdgboaz8xml61.jpg
ETH Miners Protesting EIP-1559 https://cointelegraph.com/news/ethereum-miners-plot-hash-power-show-of-force-against-eip-1559
Meitu Buys $22M ETH, $17.9M BTC https://twitter.com/TrustlessState/status/1368639534770966537?s=20
Beeple NFT $69M https://www.telegraph.co.uk/technology/2021/03/11/digital-artwork-snapped-69m-record-sale
NFT Environmentalism https://joanielemercier.com/the-problem-of-cryptoart/
SuperRare Response https://medium.com/superrare/no-cryptoartists-arent-harming-the-planet-43182f72fc61
US Lawmakers Introduce Crypto Bill https://www.coindesk.com/lawmakers-digital-asset-regulation
Wyoming DAO Bill https://twitter.com/awrigh01/status/1369328856260354051?s=20
NBA Top Shot Freezes Funds https://defited.medium.com/my-centralized-experience-dapper-3d3e3a99cbd7
New Grayscale Job Postings - ETF? https://twitter.com/coindesk/status/1369451478428090369?s=21
JPMorgan Crypto Proxy Basket https://www.coindesk.com/jpmorgan-to-launch-cryptocurrency-exposure-basket-of-bitcoin-proxy-stocks
Logan Paul Sponsored Tweet Paid in SFI https://twitter.com/Buhlaque/status/1369149498098860041?s=20
----- TAKES
Everything is Broken https://www.zerohedge.com/markets/mauldin-everything-broken
Reinvesting in Crypto https://twitter.com/ryansadams/status/1368944228382965765?s=21
Steinworld’s Ethspansion from Genesis https://twitter.com/takenstheorem/status/1351409209305305090?s=20
Today Show Laughing About NFTs https://twitter.com/econoar/status/1369344244880527361?s=20
----- MEME
L2 vs ETH Killers https://www.instagram.com/p/CMLVE2YAQQ2/
----- 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
The AI-powered Podcast Player
