ROLLUP: First Week of January
Bankless
Innovations in DeFi: From Food Tokens to User-Friendly Tools
This chapter explores the evolution of YAM from a food token to a DAO that offers competitive insurance products in the decentralized finance space. The discussion emphasizes the introduction of 'Money Legos,' which simplify complex transactions and broaden access to DeFi functionalities for everyday users.
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MARKET
BTC- It’s over $40k!- BTC closes 2020 as the best performing asset of the decadehttps://www.newsbtc.com/analysis/btc/bitcoin-closes-2020-as-best-performing-asset-of-the-last-decade/
JP Morgan analyst BTC price target of $146,000https://insidebitcoins.com/news/jpmorgan-sets-long-term-target-for-btc-price-at-146000
ETH- ETH breaks market cap high https://twitter.com/krugman25/status/1347218807849443328?s=20
ETH debt ceiling in MakerDAO increasedhttps://twitter.com/RuneKek/status/1347091831033655301?s=20
TVL in DeFi- Up from $14.4B to $22.8B
DPI $117 to $185
Total Market Cap over $1T USD https://www.coingecko.com/en/global_charts
2020 Asset Class returnshttps://twitter.com/CryptoEcon_Li/status/1345508640598405122?s=20
Ethereum King of Fees (40% or revenue)https://twitter.com/sassal0x/status/1346328797755314176?s=20
Security through Number Go Uphttps://twitter.com/lastmjs/status/1346717467196833795?s=21
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RELEASES
Shapeshift pivots to a Dex Aggregatorhttps://www.coindesk.com/shapeshift-going-full-defi-lose-kyc-rules
Bitcoin ETF proposalhttps://www.coindesk.com/vaneck-proposes-bitcoin-etf-again
RELEASES
Futureswap V2 is OUThttps://medium.com/futureswap/announcing-futureswap-v2-on-chain-perpetuals-with-live-pricing-e6a440939033
YAM Umbrella protocolhttps://medium.com/yam-finance/umbrella-internal-alpha-75f62c58974f
Transaction Builderhttps://twitter.com/allemanfredi/status/1346855097742057477?s=21
USDC getting an upgradehttps://blog.coinbase.com/usdc-v2-upgrading-a-multi-billion-dollar-erc-20-token-b57cd9437096
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NEWS
OCC - Banks can use Ethereum for payments- https://www.theblockcrypto.com/linked/90025/occ-regulator-banks-stablecoins-issuance -https://twitter.com/RyanSAdams/status/1346452770690387969?s=20 - https://www.forbes.com/sites/haileylennon/2021/01/04/occ-regulator-implements-groundbreaking-cryptocurrency-guidance-for-banks-and-the-future-of-payments/?sh=747151ae27e9
Grayscale $20B AUM before 2021https://twitter.com/BarrySilbert/status/1344762048585068544?s=19
Biden Admin will halt all midnight regulations from the Trump admin that haven’t finalized yethttps://www.cnn.com/2020/12/30/politics/biden-midnight-regulations-freeze/index.html
Bittrex delisting privacy coinshttps://www.coindesk.com/bittrex-to-delist-privacy-coins-monero-dash-and-zcash
Jake tweet: https://twitter.com/jchervinsky/status/1345061984077717504?s=27
Uniswap: $3B in liquidityhttps://twitter.com/haydenzadams/status/1346877563428347905?s=20
Uniswap Year in Reviewhttps://uniswap.org/blog/year-in-review/?s=09
Tweet thread: https://twitter.com/UniswapProtocol/status/1344687417891151874
Iran closes down mining operationshttps://www.coindesk.com/iranian-authorities-close-1620-illegal-cryptocurrency-mining-farms-report
Loopring l2 Growthhttps://twitter.com/finestonematt/status/1346936873776631811?s=20
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TAKES
No viable 2nd place to Ethereumhttps://twitter.com/antiprosynth/status/1347141517148905474?s=20
ETH same place as BTC in 2017https://twitter.com/RaoulGMI/status/1347033584234876931?s=20
ETH MC only worth one bank right nowhttps://twitter.com/iamDCinvestor/status/1347187372337868800?s=20
Fundamentals out, reflexivity in. https://twitter.com/BanklessHQ/status/1346239577745281024?s=20
Why are you concerned w/ Product Fit? ETH Killers solving something that's not a problemhttps://twitter.com/RyanSAdams/status/1346187749976657922?s=20
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