Ethereum's Market Dynamics and DeFi Growth

This chapter explores the recent price movements of Ethereum, emphasizing a potential breakout from a triangle pattern and a significant decline in ETH supply on centralized exchanges. It also delves into the performance of DeFi tokens and the surge in trading volumes on decentralized exchanges, highlighting the competitive landscape and the increasing appeal of DeFi platforms. The discussion underscores the evolving dynamics of the cryptocurrency market and the implications for future price movements and investment opportunities.

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Download the crypto meta to your brain in this weekly show.

4th Week of May, 2021

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Topics Covered:

0:00 Intro

1:39 MARKETS 1:50 BTC Price. Death Cross? https://rektcapital.substack.com/p/bitcoin-death-cross-coming-soon 6:55 ETH Price Monthly: https://twitter.com/coinalyzetool/status/1399647743602212866?s=20 Exchanges: https://twitter.com/mskvsk/status/1400379607786962944?s=20 12:37 ETH / BTC Ratio 13:53 DeFi Action DPI Inflows: https://twitter.com/AlphaLemonade/status/1399843969366827010?s=20 19:20 DEX Volume https://twitter.com/DocumentEther/status/1399304548745842688?s=20 20:40 Uniswap Volume Dominance: https://twitter.com/haydenzadams/status/1398757151850573830?s=20 V3 Competition: https://twitter.com/haydenzadams/status/1398757151850573830?s=20 24:25 Flippening Tracker https://twitter.com/lars0x/status/1399734913218355201?s=20

28:15 RELEASES 29:30 Arbitrum Launch https://offchain.medium.com/introducing-arbitrum-one-our-mainet-beta-ed0e9b63b435 34:17 Coinbase, Visa, Apple, Google https://www.theblockcrypto.com/linked/106825/coinbase-links-its-visa-debit-card-with-apple-pay-google-pay 35:40 Gnosis & Erigon Client https://twitter.com/gnosispm/status/1400092066483421186?s=21 36:45 Argent Uniswap Multicall https://www.argent.xyz/blog/uniswap-multicall/ 38:38 MakerDAO Multi-Chain https://forum.makerdao.com/t/a-multichain-strategy-and-roadmap-for-maker/8380

41:10 NEWS 41:20 Uniswap Makes CCTV! https://twitter.com/haydenzadams/status/1400137814923218944?s=21 42:50 Yuan on Ethereum? https://www.coindesk.com/ex-head-of-chinas-digital-yuan-effort-says-cbdcs-could-operate-on-ethereum 45:40 Goldman Sachs Flippening? https://markets.businessinsider.com/currencies/news/ether-high-chance-eclipsing-bitcoin-dominant-store-value-eth-btc-2021-5-1030464237 46:17 MATIC & Bitwise https://twitter.com/BitwiseInvest/status/1399822479795838982?s=20 49:14 Virtual Land on Ethereum https://metaversal.banklesshq.com/p/how-to-get-virtual-land-on-ethereum 52:25 Bitcoin Car https://twitter.com/NBCSportsPR/status/1400109891952549889?s=20 55:07 Bitconnect Charged https://www.sec.gov/news/press-release/2021-90 56:20 India Rolling Back Regulations https://twitter.com/balajis/status/1399368671194091520?s=20 57:22 News Quick Bites Beacon Chain: https://twitter.com/sassal0x/status/1399734788601171972?s=20 Circle Investment: https://cointelegraph.com/news/stablecoin-company-earns-record-level-investment-sum-for-a-crypto-outfit Unicode ETH Character: https://twitter.com/drakefjustin/status/1397930556763955200

1:00:00 TAKES 1:02:00 Crypto Pays to be Online https://twitter.com/cooopahtroopa/status/1398053971718152193?s=21 1:03:55 Long or Short Civilization https://twitter.com/hamandcheese/status/1398370867344781323?s=20 1:07:30 Price Affects Security https://twitter.com/drakefjustin/status/1400137477680209921?s=20 1:09:26 Price Equals Security https://twitter.com/scott_lew_is/status/1400165219364708356?s=20 1:12:03 Decoupling over Eras https://twitter.com/zhusu/status/1400334090323206144?s=20

1:14:30 What David’s Excited About 1:18:04 What Ryan’s Excited About

1:21:48 MEME OF THE WEEK https://twitter.com/nanexcool/status/1398260516582211585?s=20

1:22:45 Closing & Disclaimers

----- 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

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