Bankless

ROLLUP: Ethereum Absorbs Alt-L1s | SEC vs. Stoner Cats | Mark Cuban's -$870k Wallet Hack

12 snips
Sep 22, 2023
Explore the fascinating world of Ethereum’s layer two rollups, as multiple ecosystems migrate to its framework. Delve into the recent SEC controversy surrounding NFTs and discover the impact of wallet hacks, including Mark Cuban's experience. Join a discussion on the shifting demographics of crypto ownership and the rollercoaster market mood. Learn about Ethereum's transition from 'ultrasound money' to inflationary challenges and the potential of EIP 4844 to revolutionize transaction costs. Plus, hear insights on regulatory hurdles and the future of blockchain tech!
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INSIGHT

ETH Price Range

  • ETH has spent 500 days between $1,100 and $2,200, which is a 2x range.
  • This is compared to 700 days between $80 and $320 (4x) in the previous cycle.
INSIGHT

Price Predictions

  • Ryan Adams asks David Hoffman for his ETH and BTC price predictions.
  • Hoffman predicts ETH at $15,000-$17,000 and BTC at $100,000 next cycle.
INSIGHT

Crypto Ownership in US

  • Coinbase reports 52 million Americans, or 1 in 5, own cryptocurrency.
  • This is larger than other groups like electric vehicle owners, union members, and NFL game attendees.
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