ROLLUP: 4th Week of January ($GME, Robinhood RANT, WHY WE DEFI)
Bankless
Harnessing DeFi: The Transition from Traditional Banking
This chapter explores the rise of Decentralized Finance (DeFi) in 2021, highlighting its advantages over traditional banking, especially amidst negative interest rates. It features insights from a former Ethereum developer and introduces innovative tools like the Monolith Visa card and the Dharma app that connect users to the DeFi ecosystem.
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MARKET
BTC $32,500, hanging in the low 30,000’s
ETH $1480 (New High) High-Highs, Lower Lows
TVL in DeFi: 26.5B $DPI: $290 DPI/ETH 1-Day Chart! https://www.tradingview.com/symbols/DPIWETH/?exchange=UNISWAP
Corrections - Avg correction in bull market is 35% - Every quarter has a correction - Expect them
_______ RELEASES
ETH 2.0 available on Bitfinex https://twitter.com/bitfinex/status/1352293087045947394?s=20
L2 is Coming https://twitter.com/StaniKulechov/status/1351952652612067328?s=20
Coinbase offers secondary shares https://www.theblockcrypto.com/linked/92251/coinbase-offer-secondary-market-private-shares-nasdaq
Kyber v3 launched a bunch of thing...focused on LPs https://blog.kyber.network/kyber-3-0-architecture-revamp-dynamic-mm-and-knc-migration-proposal-acae41046513?gi=769375436a6f
Alpha Homora v2 https://newsletter.banklesshq.com/p/how-to-boost-your-yield-farming-reward
Vitalik’s Holy Grail for Rollups https://twitter.com/StarkWareLtd/status/1354061268731179010?s=20
Comparing Layer 2 Solutions https://indexed.wtf/
Uniswap WBTC-ETH and USDC-ETH LP Token Vaults are Live https://twitter.com/nomos_paradox/status/1354280885936250881?s=21 https://vote.makerdao.com/executive/collateral-onboarding-debt-ceiling-adjustments-other-changes?network=mainnet#proposal-detail https://daistats.com/#/
_______ NEWS Track Placeholder Ventures on Chain https://messari.io/screener/placeholder-ventures-portfolio-AD10BC17
Public Company buys BTC (Marathon Patent Group) https://www.theblockcrypto.com/post/92378/nasdaq-marathon-patent-group-buys-bitcoin-btc-treasury-reserves
MicroStrategy bought even more BTC https://www.microstrategy.com/content/dam/website-assets/collateral/financial-documents/financial-document-archive/Form-8-K_jan-22-2021.pdf
Yellen on Cryptocurrencies https://www.theblockcrypto.com/linked/92028/yellen-treasury-senate-cryptocurrencies?utm_source=cryptopanic&utm_medium=rss
Miami Mayor is hot for BTC https://twitter.com/FrancisSuarez/status/1354488469091975168
ConsenSys partners with BSN (China) https://www.coindesk.com/ethereum-based-consensys-quorum-partners-with-chinas-bsn-blockchain
Dot’s popularity in China https://decrypt.co/55163/polkadot-china-hottest-crypto
DyDx raises $10mm Series B Funding https://t.co/uZ2wFoyv3e
Genesis did $20B in Lending in 2020 https://info.genesistrading.com/hubfs/Genesis%20-%20Quarterly%20Reports/Genesis%20Q4%20Report.pdf
DyDx did $18B in Lending in 2020 https://drive.google.com/file/d/1j2IIXIfGOnfiwfVDlK8RORa6jbsBjp52/view
Mark Cuban & Soulja Boy minting NFT’s Cuban: https://twitter.com/mcuban/status/1354497954732761088?s=20 Soulja Boy: https://twitter.com/souljaboy/status/1354486572037492736?s=19
_______ TAKES
Ethereum not blockchain https://twitter.com/JayeHarrill/status/1352027529331134464?s=20
PoS vs PoW on energy https://twitter.com/pythianism/status/1353782557884641281?s=20
Institutions adopt “ETH is Money” https://www.coindesk.com/institutional-investors-ether-rally
DeFi paying users instead of advertisers (airdrops were sick) https://twitter.com/erikvoorhees/status/1353939463202893824?s=21
Banks charging negative interest https://twitter.com/q9fmz/status/1354048620253868032?s=21
_______ WSB / GAMESTOP https://markets.businessinsider.com/news/stocks/gamestop-stock-short-seller-squeeze-losses-reddit-traders-citron-gme-2021-1-1030000080 https://www.theblockcrypto.com/linked/92959/rep-tlaib-congress-robinhood-gamestop
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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.
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