Bankless ROLLUP - Jack Dorsey Exits Twitter | BTC ETH Ratio | Spiderman & Ross Ulbricht NFTs
Dec 3, 2021
Jack Dorsey's exit from Twitter sparks intriguing discussions about the platform's future direction. The contrasting performances of Bitcoin and Ethereum highlight potential shifts in the crypto landscape, particularly with the ETH-BTC ratio. Innovations like StarkNet and Tornado Cash reveal exciting advancements in DeFi technology. The launch of Gitcoin Round 12 promotes charitable crypto initiatives. Amidst inflation concerns, the relationship between traditional finance and crypto continues to evolve, highlighting the dynamic nature of this burgeoning market.
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ETH/BTC Ratio Signals Bull Market
- The ETH/BTC ratio hitting a three-year high signals bull market continuation.
- New highs suggest strong future potential for ETH.
ETH Outperforms DeFi Tokens
- The DPI/ETH ratio decrease indicates ETH's outperformance compared to DeFi tokens.
- This suggests stronger market confidence in ETH as "ultrasound money."
Bankless BED Index
- The Bankless BED Index combines Bitcoin, ETH, and DPI for diversified exposure.
- It addresses the cyclical nature of crypto markets, allowing participation in various seasons.