Dec 31, 2020
🚀 SUBSCRIBE TO NEWSLETTER:
http://bankless.substack.com/
✊ STARTING GUIDE BANKLESS:
https://bit.ly/37Q17uI
❤️
JOIN PRIVATE DISCORD: https://bit.ly/2UVI10O
🎙️
SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/
👕 BUY BANKLESS TEE:
https://merch.banklesshq.com/
-----
GO BANKLESS WITH THESE SPONSOR TOOLS:
⭐️LEDGER - BEST HARDWARE WALLET
TO SECURE YOUR CRYPTO
https://bankless.cc/ledger
🚀 ZERION - INVEST IN DEFI
FROM ONE PLACE
https://bankless.cc/zerion
💳 MONOLITH - GET THE HOLY GRAIL
OF BANKLESS VISA CARDS
https://bankless.cc/monolith
🤖YEARN - YIELD-SEEKING
MONEY ROBOT THAT FARMS DEFI FOR YOU
http://bankless.cc/yearn
------
ROLLUP: 5th Week of December
MARKET
BTC Price
- Almost 29k!
ETH Price
- Just hit 750!
- 50% away from ATH price
Blow off tops
coming??
We are very far
away from the 20 week MA!
TVL in
DeFi
- Up from 14B to
14.4B
DPI
- Up from $108 to $117
2.2M ETH in ETH 2, $1.65B
Futures value Coinbase at
$50B
https://ftx.com/trade/CBSE/USD
____
RELEASES
1INCH token
released
https://1inch-exchange.medium.com/1inch-token-is-released-e69ad69cf3ee
Haseeb’s take on Stablecoins
DeFi events of the year graphic
https://www.theblockcrypto.com/linked/89271/here-are-some-of-the-biggest-defi-events-in-2020
Opyn V2
https://medium.com/opyn/opyn-v2-is-live-11347240b46e
YAM rebasing DISABLED
https://twitter.com/YamFinance/status/1343966274095902720
YAM released Degenerative Finance on UMA
https://medium.com/yam-finance/degenerative-finance-ugas-explained-458bedbc2f17
- YAM acting as a good DAO!
Primitive is Live on
Mainnet
https://primitivefinance.medium.com/primitive-is-live-on-mainnet-2261c5b098c5
____
NEWS
New SEC Chairman appointed: Elad
Roisman https://u.today/breaking-new-pro-crypto-sec-chairman-appointed
“Known as one of the most
crypto-friendly SEC commissioners. A vocal supporter!
The fact that Roisman is at the helm of the SEC also significantly boosts the chances of a Bitcoin-tied exchange-traded fund (ETF) being approved in the coming years.
Mnuchin wants onchain KYC for
all ETH wallets that have stablecoins in
them
https://twitter.com/jchervinsky/status/1341864829171228676?s=20
Comment window period open on
the FinCEN proposal to extend KYC to non-custodial
wallets
https://twitter.com/jchervinsky/status/1341847200209530883?s=20
Etoro IPO
rumors
https://cointelegraph.com/news/crypto-friendly-trading-firm-etoro-rumored-to-be-prepping-for-2021-ipo
Coinbase Delists
XRP
https://twitter.com/coinbase/status/1343685626001039360?s=20
Also Binance
US
https://twitter.com/binanceus/status/1344372892205608961?s=21
Also
Bittrex
https://twitter.com/BittrexExchange/status/1344056304617177089
Also trading
desks
https://www.theblockcrypto.com/linked/89083/jump-trading-galaxy-xrp-market-making
____
Cover Protocol Exploit
https://coverprotocol.medium.com/12-28-post-mortem-34c5f9f718d4
https://twitter.com/CoverProtocol/status/1343581331448586245
https://etherscan.io/tx/0xc2fd5094c1e108f83222a86bd46b35fc0da35616385d681964b22003643f982e
____
TAKES
Uniswap means you can't be
delisted (sorry XRP)
https://twitter.com/RyanSAdams/status/1343740028766347265?s=20
DC
https://twitter.com/iamDCinvestor/status/1344138701757153281?s=20
Can’t delist on
Uniswap
https://twitter.com/RyanSAdams/status/1343740028766347265?s=20
Ethereum is the
TAM
https://twitter.com/panekkkk/status/1343269535919562753?s=20
Ethereum doesn’t
marginalize
https://twitter.com/evabeylin/status/1341793825962958848?s=20
Degens are funding Open
Source
https://www.coindesk.com/defi-degens-funding-next-wave-open-source
Ethereum is the last bastion for
Yield
https://twitter.com/TrustlessState/status/1344378165414617088?s=20
------
Don't stop at the video!
Subscribe to the Bankless
newsletter program
http://bankless.substack.com/
Visit the official Bankless
website for resources
http://banklesshq.com/
Follow Bankless on
Twitter
https://twitter.com/BanklessHQ
Follow Ryan on
Twitter
https://twitter.com/ryansadams
Follow David on
Twitter
https://twitter.com/TrustlessState
-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case