Crypto Trends and Challenges

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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

Coinbase IPOhttps://blog.coinbase.com/coinbase-announces-confidential-submission-of-draft-registration-statement-b140a9dfc9f5

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!

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