ROLLUP: 3rd Week of November
Bankless
Exploring Investment Exposure in DeFi
This chapter explores strategies for gaining exposure to decentralized finance (DeFi) on the Ethereum blockchain, including holding ETH, Bitcoin, and the DeFi Pulse Index (DPI). The discussion highlights public opinion, investment risks, and concludes with a preference for ETH as a more stable investment option.
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----- ROLLUP: 3rd Week of November! (MARKET) What’s the Market saying?- BTC Price
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- BTC on Ethereum - 151,925 BTC on Ethereum, up ~1,500 BTC
- Bitcoin as a system as reached ATH value (link)
- BTC unique addresses spiking upwards (link)
- 9 BTC metrics that are at ATHs (link)
- ETH Price
- DPI Price - $81 to $104
- 1 Billion DAI (DAI Stats)
- Grayscale $10.8B AUM (tweet)
- RocketPool Medalla Beta testnet concludes
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- Moving onto a new testnet that tests a RocketPool network with integrated tokenomics
- Aave V2 on the Kovan testnet (link)
- YFI + BAL as collateral in Maker (tweet)
- YAM releases Umbrella product (link)
- Etherisc + Chainlink offers crop insurance on Kenyans (link)
- Rich man invests in Bitcoin (link)
- Coinbase crashing (link)
- Paypal gets to 85% of Binance US volume in first month (link)
- Netherlands exchanges must ask their customers to prove ownership their own their withdrawal addresses (tweet)
- Binance Blocking U.S. customers, giving them 90 days to withdraw assets (link)
- Binance suing two journalists in anti-defamation suit (link)
- Jay Clayton stepping down as SEC Chairman (link)
- Masie Williams tweets about Bitcoin (link)
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- Pay attention to signals like this,
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- Dec 2017, Lady Gaga had Cryptocurrency painted fingernails
- That was the top
- David
- Bitcoiner’s got triggered really fast about the Call to Action Bankless put out on wednesday
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- Tweet, Tweet
- It’s because Bitcoin progress primarily occurs in the social layer, not the technological layer. They could look at Ethereum technological progress at scoff at it, because while Ethereum was building, they were marketing
- Now Ethereum is pretty close to being done with building, and people like me and Ryan are now rallying the troops to saw “hey, lets market the fuck out of this thing.
- Big threat.
- Ryan
- What’s the best way to get exposure to DeFi? (link)
- Is ETH staking gonna make it?
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- 105k ETH in the deposit contract
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- Over 20%
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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 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.
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