ROLLUP: 4th Week of February (BIG DIP, NFT Culture, Coinbase IPO, Ethereum Jobs)
Bankless
Navigating Crypto Innovations and Challenges
This chapter explores significant developments in the cryptocurrency space, focusing on the Ethereum Improvement Proposal EIP-1559 and its potential implications for upcoming hard forks. It also examines the impact of Coinbase's IPO on traditional banking and the growing competition from decentralized finance platforms. Additionally, the chapter discusses the evolving landscape of NFTs, privacy in cryptocurrencies, and recent security challenges within DeFi protocols.
🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/ 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ ----- 💪BECOME A BANKLESS PREMIUM MEMBER: http://bankless.cc/membership 🔒Subscribe before March 1 to lock in $12/month for life! ----- GO BANKLESS WITH THESE SPONSOR TOOLS:
⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave
🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini
💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith
📱 DHARMA - MOBILE ONRAMP DIRECTLY INTO DEFI https://bankless.cc/dharma
------ 📣LATTICE - NEXT GENERATION OF HARDWARE WALLETS https://bankless.cc/gridplus
------ MARKETS
BTC Price $50k - Dip after breaking $58k
ETH Price Broke $2k - Hanging in mid-$1600s with Dip
TVL in DeFi Peaked at $43B - Now at $35B
$DPI - $370
Biggest Day Ever for DEX Volume https://twitter.com/duneanalytics/status/1364473902177677313?s=21
DeFi Pulse Releases New Cryptodollars Page https://twitter.com/defipulse/status/1364310453959200780?s=20
Retail Isn’t Here Yet https://twitter.com/lawmaster/status/1364941277129768964?s=20
------ RELEASES
Optimism dope hires https://twitter.com/optimismPBC/status/1364705156705579009
Andreessen Horowitz on Optimistic Rollups https://a16z.com/2021/02/24/investing-in-optimism/
Dydx Layer 2 w/ ZK-Rollup https://dydx.exchange/blog/alpha
Chainlink Saving Massively on Gas https://decrypt.co/59244/chainlinks-latest-upgrade-a-rapid-evolution-for-defi-ceo-sergey-nazarov
Balancer Aave Partnership https://medium.com/balancer-protocol/balancer-partners-with-aave-to-build-the-first-v2-asset-manager-d9c173330151
Zapper NFT Dashboard https://twitter.com/DeFi_Dad/status/1364308685753843726?s=20
Alchemix https://twitter.com/AlchemixFi/status/1363658484303097858
Tim Beiko proposal for EIP1559 inclusion in London ETH 1 hard fork https://github.com/ethereum/pm/issues/254
------ NEWS
Fedwire goes down https://www.cnbc.com/2021/02/24/the-feds-system-that-allows-banks-to-send-money-back-and-forth-is-down.html
Coinbase Files To Go Public https://twitter.com/lawmaster/status/1364918649425973249?s=20
Nyan Cat NFT sells for 300ETH https://foundation.app/NyanCat/nyan-cat-219
Alpha / Cream Repaying Funds https://blog.alphafinance.io/joint-announcement-on-funds-repayment/
South Korea Bans Privacy Coins from Crypto Banks https://news.bitcoin.com/south-korean-financial-regulator-confirms-privacy-coin-delistings-adds-new-guidelines-to-report-unusual-transactions
Square Buys $170mm BTC https://twitter.com/DeItaone/status/1364319316750061570
MicroStrategy Buys $1.026B BTC https://www.coindesk.com/microstrategy-buys-billion-dollars-bitcoin
Tether & Bitfinex New York Settlement - $18.5mm https://www.theblockcrypto.com/post/95207/bitfinex-tether-new-york-ag-settlement-lawsuit
Brave Wallet + DEX Aggregator - Doubling down https://twitter.com/brave/status/1364296807614930948?s=20
SoRare Professional Soccer (football) NFT Platform https://sorare.com/
------ TAKES
Michael Burry (Big Short) On Inflation https://markets.businessinsider.com/currencies/news/big-short-michael-burry-warns-inflation-bitcoin-gold-hedge-risk-2021-2-1030102452
NFT Inflection Point https://twitter.com/jbrukh/status/1364785907379941377?s=20
Emotional Robbery by Web2 platforms https://twitter.com/TrustlessState/status/1364786359932575745?s=20
Current Prices are the bottom of next Bear Cycle https://twitter.com/cburniske/status/1363189837675646977?s=20
Ethereum the Employer https://twitter.com/TrustlessState/status/1364603328601022467?s=20
Ryan's Jaded About Delegated POS https://twitter.com/ryansadams/status/1364789743054159876?s=21
------ MEME
L2 Implementers Assemble https://twitter.com/Crypt0xWife/status/1364044469323128833?s=20
I am Groot https://twitter.com/Crypt0xWife/status/1363325351724806145?s=20
------ Don't stop at the video!
Subscribe to the Bankless newsletter program http://bankless.substack.com/
Visit the official Bankless website http://banklesshq.com/
Follow Bankless on Twitter https://twitter.com/BanklessHQ
Follow Ryan on Twitter https://twitter.com/ryansadams
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.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures
The AI-powered Podcast Player
