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ROLLUP: 4th Week of February (BIG DIP, NFT Culture, Coinbase IPO, Ethereum Jobs)

86 min • 26 februari 2021

🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  ----- 💪BECOME A BANKLESS PREMIUM MEMBER: http://bankless.cc/membership  🔒Subscribe before March 1 to lock in $12/month for life! ----- GO BANKLESS WITH THESE SPONSOR TOOLS:

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------ 📣LATTICE - NEXT GENERATION OF HARDWARE WALLETS https://bankless.cc/gridplus​ 

------ MARKETS

BTC Price $50k - Dip after breaking $58k

ETH Price Broke $2k - Hanging in mid-$1600s with Dip

TVL in DeFi Peaked at $43B - Now at $35B

$DPI - $370

Biggest Day Ever for DEX Volume https://twitter.com/duneanalytics/status/1364473902177677313?s=21 

DeFi Pulse Releases New Cryptodollars Page https://twitter.com/defipulse/status/1364310453959200780?s=20 

Retail Isn’t Here Yet https://twitter.com/lawmaster/status/1364941277129768964?s=20 

------ RELEASES

Optimism dope hires https://twitter.com/optimismPBC/status/1364705156705579009 

Andreessen Horowitz on Optimistic Rollups https://a16z.com/2021/02/24/investing-in-optimism/ 

Dydx Layer 2 w/ ZK-Rollup https://dydx.exchange/blog/alpha 

Chainlink Saving Massively on Gas https://decrypt.co/59244/chainlinks-latest-upgrade-a-rapid-evolution-for-defi-ceo-sergey-nazarov 

Balancer Aave Partnership https://medium.com/balancer-protocol/balancer-partners-with-aave-to-build-the-first-v2-asset-manager-d9c173330151 

Zapper NFT Dashboard https://twitter.com/DeFi_Dad/status/1364308685753843726?s=20 

Alchemix https://twitter.com/AlchemixFi/status/1363658484303097858 

Tim Beiko proposal for EIP1559 inclusion in London ETH 1 hard fork https://github.com/ethereum/pm/issues/254 

------ NEWS

Fedwire goes down https://www.cnbc.com/2021/02/24/the-feds-system-that-allows-banks-to-send-money-back-and-forth-is-down.html 

Coinbase Files To Go Public https://twitter.com/lawmaster/status/1364918649425973249?s=20 

Nyan Cat NFT sells for 300ETH https://foundation.app/NyanCat/nyan-cat-219 

Alpha / Cream Repaying Funds https://blog.alphafinance.io/joint-announcement-on-funds-repayment/ 

South Korea Bans Privacy Coins from Crypto Banks https://news.bitcoin.com/south-korean-financial-regulator-confirms-privacy-coin-delistings-adds-new-guidelines-to-report-unusual-transactions 

Square Buys $170mm BTC https://twitter.com/DeItaone/status/1364319316750061570 

MicroStrategy Buys $1.026B BTC https://www.coindesk.com/microstrategy-buys-billion-dollars-bitcoin 

Tether & Bitfinex New York Settlement - $18.5mm https://www.theblockcrypto.com/post/95207/bitfinex-tether-new-york-ag-settlement-lawsuit 

Brave Wallet + DEX Aggregator - Doubling down https://twitter.com/brave/status/1364296807614930948?s=20 

SoRare Professional Soccer (football) NFT Platform https://sorare.com/ 

------ TAKES

Michael Burry (Big Short) On Inflation https://markets.businessinsider.com/currencies/news/big-short-michael-burry-warns-inflation-bitcoin-gold-hedge-risk-2021-2-1030102452 

NFT Inflection Point https://twitter.com/jbrukh/status/1364785907379941377?s=20 

Emotional Robbery by Web2 platforms https://twitter.com/TrustlessState/status/1364786359932575745?s=20 

Current Prices are the bottom of next Bear Cycle https://twitter.com/cburniske/status/1363189837675646977?s=20 

Ethereum the Employer https://twitter.com/TrustlessState/status/1364603328601022467?s=20 

Ryan's Jaded About Delegated POS https://twitter.com/ryansadams/status/1364789743054159876?s=21 

------ MEME

L2 Implementers Assemble https://twitter.com/Crypt0xWife/status/1364044469323128833?s=20 

I am Groot https://twitter.com/Crypt0xWife/status/1363325351724806145?s=20 

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----- 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 I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures

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