ROLLUP: 3rd Week of December
Bankless
The Institutionalization of Ether and Emerging Trends
This chapter focuses on the recent announcement of Ether futures on the Chicago Mercantile Exchange and debates its viability as a monetary asset compared to Bitcoin. The discussion explores early trends in cryptocurrency and Ether's potential for broader institutional acceptance.
🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/ ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI❤️ JOIN PRIVATE DISCORD: https://bit.ly/2UVI10O🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 👕 BUY BANKLESS TEE: https://merch.banklesshq.com/ -----GO BANKLESS WITH THESE SPONSOR TOOLS:
⭐️LEDGER - BEST HARDWARE WALLET TO SECURE YOUR CRYPTOhttps://bankless.cc/ledger
🚀 ZERION - INVEST IN DEFI FROM ONE PLACEhttps://bankless.cc/zerion
💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith
🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn------ ROLLUP: 3RD WEEK OF DECEMBER
MARKET:
BTC Price- On the three year anniversary of the 2017 ATH, BTC breaks 20k and skyrockets to $23,800. - BTC on Ethereum: Down from 145k TO 141.5k
ETH Price- $ETH is up $100 during the last two days, highs not seen since May of 2018
TVL in DeFi- $16.4B, up from $14B- DPI up from $101 to $115,
Grayscale Insane premiumshttps://twitter.com/grayscaletrust/status/1339356060948312064?s=21
ETH now vs ETH Thenhttps://twitter.com/sassal0x/status/1339192917735292928?s=20
$1B of ETH in the deposit contracthttps://twitter.com/sassal0x/status/1339522266237784065?s=20
Ethereum addresses with ETH in them passes 50Mhttps://twitter.com/intotheblock/status/1339433477305876480?s=27
From CeFi to DeFi https://twitter.com/glassnode/status/1337410802396127233?s=20
The amount of fees on #Ethereum spent on $ETH deposits to centralized exchanges has fallen from ~25% in 2017 to less than 1% today.
$3B in USDC https://twitter.com/jerallaire/status/1338662314355138565
ETH Option Open Interest at $1B ATH https://twitter.com/skewdotcom/status/1338818750166994944?s=21
RELEASES
Ethereum futures from the CMEhttps://www.theblockcrypto.com/linked/88028/cme-group-announces-ethereum-futures
Maple Leaf Capital report on Ethereum and DeFihttps://twitter.com/MapleLeafCap/status/1339346115322376192?s=20
Swivel Finance https://swivel.finance/Interest rate derivative protocol built on Aave and Compound
Circle announced high-yield USDC business accountshttps://www.circle.com/en/features/yield
Kraken announces accepting lightning depositshhttps://blog.kraken.com/post/7225/a-need-for-speed-kraken-to-launch-bitcoin-lightning-%e2%9a%a1%ef%b8%8f-integration-in-2021/
Digital Yuan is herehttps://www.theblockcrypto.com/post/87754/china-digital-yuan-touching-pay
Sybil governance delegation platformhttps://sybil.org/#/delegates/uniswap
NEWS
One River Asset Management CEO Eric Peters, $600mm in BTC and ETH have been purchased to date, with the total set to exceed $1B in early 2021https://casebitcoin.com/story/new-1b-fund-created-to-buy-btc-with-support-from-one-river-ceo
Hugh Karp of Nexus Mutual has the majority of his NXM stolen from him by a relatively unknown attack vector https://www.coindesk.com/ceo-of-defi-insurer-nexus-mutual-hacked-for-8m-in-nxm-tokens
Office of the Comptroller wants to issue ‘country coins’ to help incentive educationhttps://fortune.com/2020/12/15/crypto-country-coin-brian-brooks-comptroller-of-currency-learning-student-incentives/
Long term incentive streaming for Eth2 public goods - 3,200ETH to starthttps://jamesfickel.ghost.io/towards-long-term-incentives-on-ethereum
Pornhub: Now crypto onlyhttps://decrypt.co/51478/pornhub-now-accepting-crypto-only
Beeple NFT massive successhttps://www.beeple-crap.com/nft https://twitter.com/niftygateway/status/1338268375156482050 $3.5M in sales from NFT auction------Don't stop at the video!
Subscribe to the Bankless newsletter programhttp://bankless.substack.com/ Visit the official Bankless website for resourceshttp://banklesshq.com/
Follow Bankless on Twitterhttps://twitter.com/BanklessHQ Follow Ryan on Twitterhttps://twitter.com/ryansadams Follow David on Twitterhttps://twitter.com/TrustlessState -----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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case
The AI-powered Podcast Player
