BLACK FRIDAY DEAL: GET LEDGERS for 40% OFF! 🔥🔥🔥https://bankless.cc/ledger
🚀 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 - 40% OFF LEDGERS THIS WK ONLY! 🔥🔥🔥https://bankless.cc/ledger
🚀 ZERION - INVEST IN DEFI FROM ONE PLACE (download it now!)https://bankless.cc/zerion
💳 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: 4th Week of November 🦃
(MARKET) What’s the Market saying?
BTC Price
- Touched previous ATH- BTC on Ethereum - Down 200 to 151,700- Frontpage of Wall Street Journal (https://twitter.com/blockfolio/status/1330887985181679619?s=20) - Jim Creamer tweets about Bitcoin https://twitter.com/jimcramer/status/1331246721637167108?s=20
ETH Price- $600- Almost 734k ETH in the deposit contract https://launchpad.ethereum.org/
TVL in DeFi - 14.1B, up from 13.4B DPI Price - $104 to $108
Spencer Noon: 8 Signs We’re in a new $ETH Bull Market https://twitter.com/spencernoon/status/1331638662573027333?s=20
(RELEASES) What got released?
Deriswap, From Andre Cronje https://andrecronje.medium.com/deriswap-capital-efficient-swaps-futures-options-and-loans-ea424b24a41c
Daily Gwei Ecosystem from Anthony Sassano https://thedailygwei.substack.com/p/turbocharging-the-daily-gwei-123
Slingshot https://slingshot.finance/
- Rebrand from DEX.AG
DeFi Database https://defidatabase.info/
- Exactly what the title suggests. Database of all DeFi projects/endeavours
Jeff Coleman ETH2 Tweet thread https://twitter.com/technocrypto/status/1330150362427387910 (NEWS) What’s in the news?
BlackRock CIO says Bitcoin will replace gold https://cointelegraph.com/news/blackrock-cio-says-bitcoin-will-take-the-place-of-gold-to-a-large-extent
Coindesk suspending all margin trading due to regulators https://www.coindesk.com/coinbase-ends-margin-trading
Office of Comptroller messaging that banks need to service legal, but unfavorable, industries (thats crypto) https://twitter.com/msantoriESQ/status/1329898854242603012?s=20
Bitcoin Suisse deposited $100k of ETH into the deposit contract (https://www.trustnodes.com/2020/11/21/bitcoin-suisse-to-deposit-nearly-100000-eth-to-ethereum-2-0)
- Demand for staking-as-a-service providers
- Strong signals that the staking industry is going to be BIG
MAP OF STAKING OPTIONS - https://twitter.com/Philiff/status/1331088361579180036/photo/1
(TAKES) What’s on your mind?
David
Bankless wasn’t here in 2017
Ethereum media wasn’t a thing in 2017
Ryan
Retail isn’t here yet (https://twitter.com/RyanSAdams/status/1331233516722528261?s=20) (https://twitter.com/lawmaster/status/1331163575205965824?s=27)
ONRAMPS...our pipe to absorb capital is easily 10x
INSTITUTIONS:
Futures, CME, Options, Custody...
FinTech is going to betray the banks and flood into crypto (top 5 crypto apps)
inTech is going to betray the banks and onboard the world to crypto and the banks don't even see it coming
Venmo, Robinhood, Square, PayPal These have turned into crypto apps
The banks are legacy ledgers Crypto is the future
What are you excited about?
David
This time, it’s different
Ethereum will respond completely differently this bull market. We are all going to be humbled by what Ethereum becomes this bull-cycle.
Rapid change happens in bull markets.
The people that come into this space now are a significantly different co-hort than the people that pay attention to this industry 24/7/365
Ethereum is similarly a different thing than in was in 2017.
DeFi wasn’t a thing in 2017
DeFi hasn’t seen a bull market.
No DeFi app has seen a bull market.
There is about to be some CHURN
(Ryan) The community…
Crypto isn’t a single player game.
Community came together to launch Eth2.
Incredible people
Thank some of those incredible people who helped me
Andreas
Chris Burninske
Karl Floresch
------
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.