Bankless ROLLUP: Merge Alpha | Optimism Token?! | Ethereum Foundation Report | Coinbase NFT Beta | Beanstalk Exploit
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Apr 22, 2022 Delve into significant developments at the Graph Day conference, focusing on empowering Web3 builders. Explore the recent price surge in Bitcoin and Ethereum, along with the thrilling potential of a new Optimism token launch. Discover the excitement surrounding Coinbase's NFT beta and a record spike in NFT sales. The discussion also highlights alarming crypto vulnerabilities and exploits, illustrating the risks in decentralized finance. With a glimpse into evolving job opportunities, the episode showcases the dynamic landscape of cryptocurrency and blockchain innovation.
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Bitcoin Outperforms ETH
- Bitcoin outperformed ETH this week, which is unusual.
- This might indicate a shift in market sentiment, favoring Bitcoin.
Monitor the DXY
- Watch the DXY (dollar index) amidst the current market conditions.
- A rising DXY can inversely correlate with crypto prices.
Arthur Hayes' Prediction
- Arthur Hayes predicts Bitcoin and ETH could drop to $30,000 and $2,500, respectively.
- These levels aren't drastically low, suggesting a mild correction rather than a crash.