Bankless

ROLLUP: 2nd Week of February (Elon buys BTC, Crypto on Mastercard, Celebrity NFTs)

Feb 12, 2021
Exciting developments in the crypto world take center stage! With Bitcoin flirting with $50K and Ethereum hitting record highs, the market is buzzing. Tesla's massive Bitcoin buy makes waves, while MasterCard embraces crypto, signaling mainstream acceptance. The NFT market thrives, reaching new heights in art sales. Plus, insights into decentralized finance highlight both growth potential and challenges. Explore the innovative landscape of crypto, from Monolith's DeFi Visa card to groundbreaking protocols shaping the future.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Bitcoin's All-Time High

  • Bitcoin reached a new all-time high of $48,000 after Tesla's $1.5 billion purchase.
  • This is the largest single Bitcoin purchase ever announced, impacting both the price and market sentiment.
INSIGHT

Ethereum's All-Time High

  • Ethereum also hit a new all-time high of $1840, following Bitcoin's upward trend.
  • DeFi tokens paused during Bitcoin's surge but seem poised for growth.
INSIGHT

DAOs Hit $1 Billion AUM

  • DAOs, similar to modern corporations, are on-chain capital pools hitting $1 billion AUM.
  • This signifies the growing importance of on-chain capital coordination and offers opportunities for those seeking work in the crypto space.
Get the Snipd Podcast app to discover more snips from this episode
Get the app