Bankless ROLLUP: Trump’s DeFi Project | CFTC vs. Uniswap | Brazil Bans Twitter | Coinbase AI | Polymarket & Bloomberg
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Sep 6, 2024 A controversial new DeFi project linked to Donald Trump raises eyebrows—legit or a grift? The CFTC targets Uniswap, igniting a discussion on regulatory scrutiny in crypto. Brazil’s Twitter ban sparks a debate on censorship and free speech, highlighting crypto’s role in resistance. Meanwhile, Polymarket gets a boost on the Bloomberg terminal, and Coinbase is gearing up to integrate AI into banking. As the crypto market struggles, insights on potential innovations and the future of digital finance are shared.
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Four-Year Cycle Debate
- Some investors believe the four-year Bitcoin cycle is over.
- The halving's impact on price diminishes with each cycle.
Lackluster Crypto Performance
- Crypto might be in a "show me" phase, needing real-world applications to attract new investors.
- AI is currently the "cool kid" in tech, overshadowing crypto.
Hodl Through Uncertainty
- Don't sell your crypto during market downturns.
- The worst times are often followed by positive price action.