Bankless ROLLUP: SBF Pleads Not Guilty | Winklevoss vs Barry Silbert | Predicting 2023 | ETH Staking | Inflation 2023
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Jan 6, 2023 Dive into the chaotic world of crypto as a major figure pleads not guilty to charges. The tussle between the Winklevoss twins and Barry Silbert adds more drama, while expert predictions for 2023 keep listeners on their toes. Explore the rising trends in Ethereum staking and liquid staking derivatives, along with insights into inflation and market dynamics. The discussion wraps up with the potential for Ethereum to overtake Bitcoin, leaving a mix of optimism and uncertainty in the air.
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2022 Market Overview
- Crypto market cap dropped 65% in 2022, worse than stocks.
- Layer 2s thrived, with TVL up 118% in ETH terms, despite the bear market.
LSD Growth and Bankless Fund
- Liquid Staking Derivatives (LSDs) like Lido and Rocketpool saw growth.
- Bankless fund, managed by Ben G.O., held winning positions in LSD protocols like Swise and Rocketpool.
ETH Staking and Withdrawals
- Staked ETH has steadily increased, reaching 16 million.
- Upcoming ETH withdrawals will cause churn but likely result in a net increase in staked ETH.