ROLLUP: 3rd Week of December
Bankless
Ethereum's High Yields and the Rise of Digital Currencies
This chapter examines the lucrative interest rates on USDC deposits provided by Circle, along with Visa's payment solutions for USDC. It also highlights the rapid advancements in digital currency adoption, notably in China, and the pressing need for central banks to keep pace with these changes.
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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
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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