

ROLLUP: Coinbase NFTs | Bitcoin ETF | DeFi 2.0 | Andrew Yang | Joe Biden
Oct 15, 2021
Discover the latest buzz around Coinbase's NFT marketplace and its competitive advantages. Dive into the fluctuating prices of Bitcoin and Ethereum as excitement builds for a potential Bitcoin ETF. Explore innovative DeFi practices, including yield farming and Ethereum's transition to proof of stake. Listen as experts discuss the rise of amateur traders in the crypto world and the implications of government regulation on this burgeoning industry. Plus, hear unique insights from Andrew Yang on advocating for crypto-friendly policies!
AI Snips
Chapters
Books
Transcript
Episode notes
David's ETF Play
- David told his college friends he was buying ETH in anticipation of a Bitcoin ETF approval.
- He believes a Bitcoin ETF would indirectly boost ETH's price as well.
DeFi Growth and Layer 2 Significance
- Total locked value in DeFi is nearing $100 billion, a significant milestone.
- Layer 2 scaling solutions like Arbitrum and DYDX have over $3 billion locked, showing their increasing importance.
ETH Burning Milestone
- EIP-1559 has burned over 500,000 ETH in just two months, roughly half a percent of the total supply.
- This deflationary pressure, even before the merge to proof-of-stake, is incredibly bullish for ETH.