Nov 13, 2020
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ROLLUP: 2nd Week of November
What are we doing:
Happy Friday morning...
End of the week rollup
Dedicating 5 minutes to 5 topics, same 5 topics every week
- What are you excited about?
(MARKET) What’s the Market saying?
- BTC Treasuries website (https://bitcointreasuries.org/))
- BTC on Ethereum: 153k
$1B of ETH in Grayscale (https://www.theblockcrypto.com/linked/83854/grayscale-ethereum-trust-1-billion-aum)
TVL in DeFi - up $1B from last week
DeFi Token price - remember last wk when DeFi was dead?
(RELEASES) What got released?
- PayPal removes waitlist - all paypal users can use crypto now (https://www.coindesk.com/paypal-removes-waitlist-for-new-crypto-service)
- LiquidStake (https://www.coindesk.com/ethereum-heavyweights-launch-liquidstake-loans-to-ease-eth-2-0-lockup)
Dharma Bank Account Integration (https://twitter.com/Dharma_HQ/status/1323311960432148481)
Bank Account - Dharma - Uniswap
Synthetix synthetic Oil and inverse-synthetic Oil now available
Chainlink working on xDAI network (https://www.xdaichain.com/about-xdai/project-spotlights/chainlink)
Tim Beiko tweet thread (https://twitter.com/TimBeiko/status/1325839080974774272?s=20)
- Mainnet-condition testnets
- Developer tooling for easy 1559 integration
Micah Zoltu blog post (https://medium.com/@MicahZoltu/a-tale-of-two-pricing-schemes-dc9c8717906)
(NEWS) What’s in the news?
Infura CRASH (https://www.theblockcrypto.com/post/84232/ethereum-infrastructure-provider-infura-is-down)
In response, someone made EthereumNodes.com to report who has endpoints up and who doesn’t
Zapper gets $1.5M in funding
Binance donates $100k to Gitcoin (https://www.binance.com/en/blog/421499824684901205/Binance-Pledges-$100000-Donation-to-Gitcoin-Grants)
CZ depositing 32 ETH to the deposit contract (https://twitter.com/cz_binance/status/1325978447148064768)
CipherTrace scaring regulators (https://ciphertrace.com/half-of-2020-crypto-hacks-are-from-defi-protocols-and-exchanges/)
Ray Dalio on banning Bitcoin (https://www.coindesk.com/bridgewaters-dalio-sees-governments-banning-bitcoin-should-it-become-material)
ShapeShift Delisting ZEC over regulator concerns (https://www.coindesk.com/shapeshift-delists-privacy-coin-zcash-over-regulatory-concerns)
IRS is coming after Coinbase for tax information (https://cointelegraph.com/news/u-s-law-firm-says-irs-is-coming-after-coinbase-users-who-evade-taxes)
BTC mining pools & KYC (https://stockhouse.com/news/press-releases/2020/10/29/dmg-s-subsidiary-blockseer-launches-bitcoin-mining-pool-focused-on-good)
U.S. Feds doing research on CBDCs (https://www.theblockcrypto.com/linked/84087/fed-central-bank-digital-currency-research)
Lebanon CBDC (https://www.coindesk.com/lebanon-digital-currency-2021)
SEC changing Reg A, Reg CF, Rule 504D limits, among other things (https://www.sec.gov/news/press-release/2020-273)
Reg A $50m - $75m
Reg CF $1m - $5m
504D $5m -$10m
(TAKES) What’s on your mind?
Gotta do it
- Bring up the frogs (https://twitter.com/kekspawn/status/1326253486070173696/photo/1)
What’s on my mind?
What is DeFi?
Is Bitcoin DeFi (https://twitter.com/RyanSAdams/status/1326950305725026304?s=20)?
Is Ethereum DeFi?
Is BinanceChain DeFi?
Is PolkaDot DeFi?
Is Cosmos DeFi?
IS DEFI DEFI?
What are you excited about?
- Ethereum / ETH being understood
- ETH the Internet Bond
- BTC is an evolution on Gold. Therefore, BTC market cap should be much larger than gold
- ETH’s market cap should be an evolution on the market cap of bond markets
Never before has there been a hard-money bond market
RSA: sovereign bond market is $57t btw
I’m excited that we’re in a bull run:
If you're new to crypto... Welcome to your first bull run. Things will only getting crazier from here. Buckle up.