🚀 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 CRYPTOhttps://bankless.cc/ledger
🚀 ARGENT - INVEST IN DEFI FROM ONE PLACE (download it now!)https://bankless.cc/argent
💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDShttps://bankless.cc/monolith
🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn
------
ROLLUP: 2nd Week of December
MARKET
BTC Price- 18,297.90
BTC on Ethereum- Down from to 147K to 145K- BTC above 18k for 9 days in a row. - In 2017, BTC wasn’t above 18k for like 9 hours
ETH Price- $560
TVL in DeFi- $14.7B to $14B- $DPI from $116 to $101
Ethereum 2.0 1 week stats https://twitter.com/AlexanderFisher/status/1336280548084477953
- ETH 2 deposit contract adding 40k ETH per day- 3x more ETH than what is being issued per day- Over 1% ETH in the deposit contract
USDC outpacing Tether https://cdn.substack.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F46c07bef-9100-4d24-9a57-b8b26801f9bd_1200x726.png (RELEASES) What got released?
Messari 2.0 https://messari.io/
Yearn quarterly report https://github.com/iearn-finance/yearn-pm/blob/master/financials/reports/2020Q3-yearn-quarterly-report.pdf 4 Takeaways from ETH 2 deposits
- Blog from Etherscan https://medium.com/etherscan-blog/4-takeaways-from-deposits-into-eth2-28c64dd2863
Circle launches payments platform for USDC https://www.circle.com/blog/circle-launches-major-platform-upgrade-aimed-at-bringing-digital-dollar-stablecoins-mainstream New Square competitor
Maker Governance vote to add https://twitter.com/MakerDAO/status/1335993149076869123?s=20 - AAVE- DAI-ETH LP token- USDC-ETH LP token
(NEWS) What’s in the news?
8,000 Nodes live outside the US https://twitter.com/PhABCD/status/1335349619467968519 - More than the total number of ETH nodes from just a few months ago
The STABLE Act- Unintended consequences https://www.coincenter.org/the-unintended-consequences-of-the-stable-act/
MicroStrategy issues $400 in convertible debt to buy $BTC https://cointelegraph.com/news/microstrategy-will-issue-400-million-in-securities-to-buy-more-bitcoin
MassMutual buying $100M BTC https://www.theblockcrypto.com/linked/87378/massmutual-bitcoin-insurance-purchase - More legit than Microstrategy according to Joey Krug"measured yet meaningful exposure to a growing economic aspect of our increasingly digital world."
Ray Dalio warming to BTC in Reddit AMAhttps://twitter.com/RyanWatkins_/status/1336438172142739458?s=20
The Ether Fund- 3iQ Corp IPO closes Dec 10th (today), raising a maximum of $107M, already raised $75M so far
Tyler Winklevoss Tweet: https://twitter.com/tyler/status/1336839087093919744
France maybe extending KYC lawshttps://www.theblockcrypto.com/post/87001/france-crypto-rules-mandatory-kyc-crypto-to-crypto
Rumors that Steven Mnuchin is thinking about regulations on Digital Self Hosted Wallet-Warren Davidson getting ahead of the issue with a letter to Mnuchin https://twitter.com/WarrenDavidson/status/1336804544320327683?s=20
Paxos files for a Federal Bank Charter https://www.coindesk.com/paxos-becomes-latest-crypto-firm-to-file-for-federal-bank-charter
Venezuela pays for Imports from Iran/Turkey with Bitcoin https://news.bitcoin.com/venezuela-pays-imports-iran-turkey-bitcoin-evade-sanctions/
JP Morgan says that Gold will suffer because of Bitcoin
https://www.bloomberg.com/news/articles/2020-12-09/jpmorgan-says-gold-will-suffer-for-years-because-of-bitcoin Yahoo Finance also speaking more positively for Bitcoin
CoinGecko is better than CoinMarketCap https://out.reddit.com/t3_k8jct1?url=https%3A%2F%2Fmaxbit.cc%2Fcoingecko-looks-to-overtake-coinmarketcap-with-huge-uptick-in-traffic%2F&token=AQAA_YjSXxU46BXDalbUf4Pv-UkKhy4yT938Vzi-qo7VV6usja4b&app_name=reddit.com
------
Don't stop at the video!
Subscribe to the Bankless newsletter programhttp://bankless.substack.com/
Visit the official Bankless website for resourceshttp://banklesshq.com/
Follow Bankless on Twitterhttps://twitter.com/BanklessHQ
Follow Ryan on Twitterhttps://twitter.com/ryansadams
Follow David on Twitterhttps://twitter.com/TrustlessState
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