Bankless ROLLUP: Goerli Merge | Tornado Cash Ban | Coinbase BlackRock Deal | Fake Solana DeFi?
8 snips
Aug 12, 2022 Explore the buzz around the Ethereum merge and the legal controversies surrounding Tornado Cash. Uncover Coinbase's strategic partnership with BlackRock and its implications for the crypto market. Dive into the rising security threats in DeFi, while evaluating Ethereum's recent surge post-merge. Discuss the complexities of Layer 2 solutions and EIP-1559's impact on transaction costs. Engaging humor and thought-provoking insights make this a must-listen for crypto enthusiasts!
AI Snips
Chapters
Transcript
Episode notes
Markets React to Merge News
- Ethereum merge has a tentative date, boosting market sentiment.
- Positive news correlates with rising prices, unlike in typical bear markets.
ETH/BTC Ratio and Flippening Predictions
- ETH is approaching Bitcoin's market cap (the "flippening").
- David Hoffman predicts a >50% chance of flippening by 2023.
Low Gas Prices
- Ethereum gas prices are down due to lower demand and improved scaling solutions.
- This contrasts with ETH's bullish trend and raises questions about future gas price dynamics.