ROLLUP: 5th Week of April (ETH All Time High, Eminem NFT, Tesla Sells BTC, JP Morgan Crypto Fund)
Bankless
Borrowing on Ethereum: A New Investment Strategy
This chapter explores the strategy of using Ethereum (ETH) as collateral rather than selling it, emphasizing the benefits of borrowing against staked ETH. It discusses the evolving perception of Ether as a viable investment, alongside Bitcoin, and the implications of recent market dynamics and events. Additionally, the chapter reflects on risk management in the decentralized finance space and the intersection of centralization versus decentralization in light of recent exploits.
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5th Week of April, 2021
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Topics Covered:
0:00 Intro
3:55 MARKETS 4:05 BTC Price 4:25 ETH Price ETH Market Cap https://decrypt.co/69493/ethereum-flips-paypal-top-25-global-assets-market-cap?utm_medium=referral&utm_campaign=feed&utm_source=flipboard ETH/BTC https://ratiogang.com/ 12:40 DeFi Action
14:45 RELEASES 16:00 Aave Liquidity Mining https://cointelegraph.com/news/lending-giant-aave-set-to-launch-liquidity-mining-program? 19:40 Stocks Live on Kwenta - FAANGT https://blog.kwenta.io/stocks-are-now-live-on-kwenta/ 22:06 Nexus Protocol Cover https://medium.com/nexus-mutual/nexus-is-growing-protocol-cover-is-live-56752446ec57 23:25 Yearn Quarterly Report - Analyst’s Dream https://github.com/yearn/yearn-pm/blob/master/financials/reports/2021Q1-yearn-quarterly-report.pdf 26:00 Balancer Labs & Gnosis https://medium.com/balancer-protocol/the-crypto-cinematic-universe-crossover-event-of-the-summer-balancer-gnosis-protocol-bgp-638568aa0385 CowSwap DEX https://twitter.com/MEVprotection/status/1387392829731770375
28:30 NEWS 28:40 EIP-1559 July 14th https://twitter.com/sassal0x/status/1385624541586608132?s=20 30:05 EU 2 Year Digital Bond https://www.coindesk.com/european-investment-bank-issues-121m-digital-notes-using-ethereum 31:21 Tether & Coinbase Pro https://twitter.com/coinbasepro/status/1385359434411556868?s=21 33:35 Metamask 5 Million Users https://consensys.net/blog/metamask/metamask-surpasses-5-million-monthly-active-users/ $400k per day in revenue https://twitter.com/tomhschmidt/status/1387680567492104192 36:42 Why Gas is Cheaper https://twitter.com/sassal0x/status/1386180278817759235 37:47 Ethereum on CNN https://www.reddit.com/gallery/n0fjfd 39:40 Eminem & Nifty Gateway https://niftygateway.com/collections/eminemopens 40:58 Satoshi Disappeared https://www.forbes.com/sites/peterizzo/2021/04/26/10-years-ago-today-bitcoin-creator-satoshi-nakamoto-sent-his-final-message/?sh=66bd26dc10dd 43:05 Tesla Sells 18% BTC https://www.theblockcrypto.com/linked/102899/q1-earnings-show-tesla-sold-off-272m-of-its-btc-purchase Tesla Makes Money https://www.wsj.com/articles/tesla-makes-more-money-trading-bitcoin-than-selling-cars-11619517615 46:09 JP Morgan Bitcoin Fund https://www.coindesk.com/jpmorgan-to-let-clients-invest-in-bitcoin-fund-for-first-time-sources 47:06 Nexon allocates $100M for BTC https://www.theblockcrypto.com/linked/103058/game-maker-nexon-100-million-bitcoin 49:30 Visa Moving Into Crypto in a ‘Very Big Way’ https://www.theblockcrypto.com/linked/103048/visa-ceo-crypto-earnings-call-comments 50:30 PayPal CEO Bullish Crypto https://time.com/5957001/paypal-cryptocurrencty-bitcoin-dan-schulman/ 51:42 PayPal on Coinbase https://www.theblockcrypto.com/linked/103311/coinbase-paypal-us-users-buy-crypto
53:00 TAKES 54:30 Collateralize your ETH and Borrow Against It https://twitter.com/trustlessstate/status/1385710606750162946?s=21 1:01:02 Retail SquishChaos - ETH $30k to $150k https://drive.google.com/file/d/1Z1cc7ZnVC_qk8X_veELrsiftOVXcN06P/view 1:03:48 Crypto Fund Two Prime https://twoprime.io/wp-content/uploads/2021/04/Two-Prime-Inst-Ethereum-Investment-sunday-1.pdf 1:04:17 JP Morgan Report https://twitter.com/santiagoroel/status/1387417522777956354 1:05:23 ETH supply has no floor https://twitter.com/TrustlessState/status/1387627204369031170?s=20 1:07:04 $50M Stolen on BSC Uniswap Clone https://twitter.com/RyanSAdams/status/1387427596682645508?s=20
1:10:54 What David is excited about
1:13:13 What Ryan is excited about
1:15:10 MEME of the Week https://twitter.com/BanklessHQ/status/1387526059197976582?s=20 Bonus Meme https://twitter.com/EthereumMemes/status/1386033457894203393?s=20
1:17:30 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.
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