
ROLLUP: 4th Week of December
Bankless
Financial Stimulus and DeFi Innovations
This chapter explores the psychological impact of financial stimulus measures on public attitudes toward money and cryptocurrency, while also examining innovations in Ethereum leadership and the significance of account abstraction. It provides an overview of YERN's decentralized finance system and discusses Uniswap's unique position in the landscape of cryptocurrencies.
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Bankless Citizen Spotlight!
This guy: https://twitter.com/Acrobat_Crypto/status/1339964187007721474?s=20
MARKET What’s the Market saying?
BTC Price - Up 21% in the last 7 days - High consolidation between $23k and $24K - Bitcoin dominance doing really well: 70% MicroStrategy finished their $650M purchase of 29,646 BTC https://twitter.com/coindesk/status/1341013230534225920?s=21
ETH Price - Up just 3% in the last 7 days
TVL in DeFi From $16.5B to $14B
DPI down from $115 to $108 2+M ETH in ETH2 Staking
DeFi Pulse has a new page “Bitcoin at Work” Announcement: https://defipulse.com/blog/introducing-bitcoin-at-work/ Page: https://defipulse.com/btc
A chart not often seen, Grayscale Revenue: https://twitter.com/mhonkasalo/status/1339486866236686336?s=20
XRP getting DUMPED after SEC report Bitwise dumped $9.3M. Will Grayscale have to do something? https://twitter.com/twobitidiot/status/1341764298763350017?s=20
RELEASES
The Graph Network now live https://thegraph.com/
Tornado.Cash Governance Token has been retroactively airdropped https://tornado-cash.medium.com/tornado-cash-governance-proposal-a55c5c7d0703
Compound Chain announced CASH new stablecoin? https://twitter.com/compoundfinance/status/1339660221359124481
$3M Raised by Union to bring Credit to DeFi Announcement: https://medium.com/union-finance/union-has-raised-3m-to-bring-credit-to-ethereum-6cc1b5f40776
Perpetual Protocol Live on Mainnet https://twitter.com/perpprotocol/status/1339206204107571200 You can now trade ETH and BTC perpetual contracts with up to 12x leverage on-chain at perp.exchange
Gitcoin Round 8 Closed https://twitter.com/owocki/status/1341743360684552198?s=21
NEWS
SEC files lawsuit against Ripple for $1.3B in unregistered securities sale. https://www.wsj.com/articles/ripple-to-face-sec-suit-over-xrp-cryptocurrency-11608598800?redirect=amp#click=https://t.co/UjThCEyjar Vitalik: https://twitter.com/VitalikButerin/status/1341219519545556992?s=20
Ledger Breach https://gizmodo.com/hackers-steal-thousands-of-customer-emails-from-popular-1845928749 272K Customers Check Ledger Leak - https://www.argent.xyz/ledgerhack/#
FinCEN Proposed Rule https://www.theblockcrypto.com/linked/88511/fincen-proposes-new-kyc-for-crypto-wallets
$600 vs $2,000 Stimulus? https://www.cnbc.com/2020/12/22/trump-demands-congress-raise-second-stimulus-check-from-600-to-2000-under-new-covid-relief-bill.html
Switerzland CBDC https://www.theblockcrypto.com/daily/88885/switzerland-central-bank-digital-currency-trials
Hudson stepping down as the All Core Dev Call facilitator https://twitter.com/hudsonjameson/status/134108187901396992 Being replaced by Tim Beiko https://twitter.com/TimBeiko/status/1341086181597974530?s=2
TAKES
Hayden Adams on Uniswaps registered country address https://twitter.com/haydenzadams/status/1340143545085276160?s=21
Ryan on Boomer fiscal management. https://twitter.com/RyanSAdams/status/1341438238330925059?s=20
David on Ripple as a heist https://twitter.com/TrustlessState/status/1341501233090072576?s=20 David on Ethereum solving its own problems https://twitter.com/TrustlessState/status/1339820135008256000?s=20 ------ Don't stop at the video!
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Follow David on Twitter https://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.
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