ROLLUP: 4th Week of January ($GME, Robinhood RANT, WHY WE DEFI)
Bankless
Navigating DeFi: A New Financial Frontier
This chapter critiques the restrictive practices of traditional trading platforms and advocates for decentralized finance (DeFi) as a more equitable alternative. It explores the benefits of DeFi in promoting transparency and accessibility, especially in the wake of a growing populist sentiment among retail investors. The discussion emphasizes the importance of transitioning to new financial institutions, while also highlighting the risks involved in both traditional and crypto markets.
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MARKET
BTC $32,500, hanging in the low 30,000’s
ETH $1480 (New High) High-Highs, Lower Lows
TVL in DeFi: 26.5B $DPI: $290 DPI/ETH 1-Day Chart! https://www.tradingview.com/symbols/DPIWETH/?exchange=UNISWAP
Corrections - Avg correction in bull market is 35% - Every quarter has a correction - Expect them
_______ RELEASES
ETH 2.0 available on Bitfinex https://twitter.com/bitfinex/status/1352293087045947394?s=20
L2 is Coming https://twitter.com/StaniKulechov/status/1351952652612067328?s=20
Coinbase offers secondary shares https://www.theblockcrypto.com/linked/92251/coinbase-offer-secondary-market-private-shares-nasdaq
Kyber v3 launched a bunch of thing...focused on LPs https://blog.kyber.network/kyber-3-0-architecture-revamp-dynamic-mm-and-knc-migration-proposal-acae41046513?gi=769375436a6f
Alpha Homora v2 https://newsletter.banklesshq.com/p/how-to-boost-your-yield-farming-reward
Vitalik’s Holy Grail for Rollups https://twitter.com/StarkWareLtd/status/1354061268731179010?s=20
Comparing Layer 2 Solutions https://indexed.wtf/
Uniswap WBTC-ETH and USDC-ETH LP Token Vaults are Live https://twitter.com/nomos_paradox/status/1354280885936250881?s=21 https://vote.makerdao.com/executive/collateral-onboarding-debt-ceiling-adjustments-other-changes?network=mainnet#proposal-detail https://daistats.com/#/
_______ NEWS Track Placeholder Ventures on Chain https://messari.io/screener/placeholder-ventures-portfolio-AD10BC17
Public Company buys BTC (Marathon Patent Group) https://www.theblockcrypto.com/post/92378/nasdaq-marathon-patent-group-buys-bitcoin-btc-treasury-reserves
MicroStrategy bought even more BTC https://www.microstrategy.com/content/dam/website-assets/collateral/financial-documents/financial-document-archive/Form-8-K_jan-22-2021.pdf
Yellen on Cryptocurrencies https://www.theblockcrypto.com/linked/92028/yellen-treasury-senate-cryptocurrencies?utm_source=cryptopanic&utm_medium=rss
Miami Mayor is hot for BTC https://twitter.com/FrancisSuarez/status/1354488469091975168
ConsenSys partners with BSN (China) https://www.coindesk.com/ethereum-based-consensys-quorum-partners-with-chinas-bsn-blockchain
Dot’s popularity in China https://decrypt.co/55163/polkadot-china-hottest-crypto
DyDx raises $10mm Series B Funding https://t.co/uZ2wFoyv3e
Genesis did $20B in Lending in 2020 https://info.genesistrading.com/hubfs/Genesis%20-%20Quarterly%20Reports/Genesis%20Q4%20Report.pdf
DyDx did $18B in Lending in 2020 https://drive.google.com/file/d/1j2IIXIfGOnfiwfVDlK8RORa6jbsBjp52/view
Mark Cuban & Soulja Boy minting NFT’s Cuban: https://twitter.com/mcuban/status/1354497954732761088?s=20 Soulja Boy: https://twitter.com/souljaboy/status/1354486572037492736?s=19
_______ TAKES
Ethereum not blockchain https://twitter.com/JayeHarrill/status/1352027529331134464?s=20
PoS vs PoW on energy https://twitter.com/pythianism/status/1353782557884641281?s=20
Institutions adopt “ETH is Money” https://www.coindesk.com/institutional-investors-ether-rally
DeFi paying users instead of advertisers (airdrops were sick) https://twitter.com/erikvoorhees/status/1353939463202893824?s=21
Banks charging negative interest https://twitter.com/q9fmz/status/1354048620253868032?s=21
_______ WSB / GAMESTOP https://markets.businessinsider.com/news/stocks/gamestop-stock-short-seller-squeeze-losses-reddit-traders-citron-gme-2021-1-1030000080 https://www.theblockcrypto.com/linked/92959/rep-tlaib-congress-robinhood-gamestop
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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.
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