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Bankless


Jan 29, 2021

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MARKET

BTC
$32,500, hanging in the low 30,000’s

ETH
$1480 (New High)
High-Highs, Lower Lows

TVL in DeFi: 26.5B
$DPI: $290
DPI/ETH 1-Day Chart!
https://www.tradingview.com/symbols/DPIWETH/?exchange=UNISWAP

Corrections
- Avg correction in bull market is 35%
- Every quarter has a correction
- Expect them

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RELEASES

ETH 2.0 available on Bitfinex
https://twitter.com/bitfinex/status/1352293087045947394?s=20

L2 is Coming
https://twitter.com/StaniKulechov/status/1351952652612067328?s=20

Coinbase offers secondary shares
https://www.theblockcrypto.com/linked/92251/coinbase-offer-secondary-market-private-shares-nasdaq

Kyber v3 launched a bunch of thing...focused on LPs
https://blog.kyber.network/kyber-3-0-architecture-revamp-dynamic-mm-and-knc-migration-proposal-acae41046513?gi=769375436a6f

Alpha Homora v2
https://newsletter.banklesshq.com/p/how-to-boost-your-yield-farming-reward

Vitalik’s Holy Grail for Rollups
https://twitter.com/StarkWareLtd/status/1354061268731179010?s=20

Comparing Layer 2 Solutions
https://indexed.wtf/

Uniswap WBTC-ETH and USDC-ETH LP Token Vaults are Live
https://twitter.com/nomos_paradox/status/1354280885936250881?s=21
https://vote.makerdao.com/executive/collateral-onboarding-debt-ceiling-adjustments-other-changes?network=mainnet#proposal-detail
https://daistats.com/#/

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NEWS
Track Placeholder Ventures on Chain
https://messari.io/screener/placeholder-ventures-portfolio-AD10BC17

Public Company buys BTC (Marathon Patent Group)
https://www.theblockcrypto.com/post/92378/nasdaq-marathon-patent-group-buys-bitcoin-btc-treasury-reserves

MicroStrategy bought even more BTC
https://www.microstrategy.com/content/dam/website-assets/collateral/financial-documents/financial-document-archive/Form-8-K_jan-22-2021.pdf

Yellen on Cryptocurrencies
https://www.theblockcrypto.com/linked/92028/yellen-treasury-senate-cryptocurrencies?utm_source=cryptopanic&utm_medium=rss

Miami Mayor is hot for BTC
https://twitter.com/FrancisSuarez/status/1354488469091975168

ConsenSys partners with BSN (China)
https://www.coindesk.com/ethereum-based-consensys-quorum-partners-with-chinas-bsn-blockchain

Dot’s popularity in China
https://decrypt.co/55163/polkadot-china-hottest-crypto

DyDx raises $10mm Series B Funding
https://t.co/uZ2wFoyv3e

Genesis did $20B in Lending in 2020
https://info.genesistrading.com/hubfs/Genesis%20-%20Quarterly%20Reports/Genesis%20Q4%20Report.pdf

DyDx did $18B in Lending in 2020
https://drive.google.com/file/d/1j2IIXIfGOnfiwfVDlK8RORa6jbsBjp52/view

Mark Cuban & Soulja Boy minting NFT’s
Cuban: https://twitter.com/mcuban/status/1354497954732761088?s=20
Soulja Boy: https://twitter.com/souljaboy/status/1354486572037492736?s=19

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TAKES

Ethereum not blockchain
https://twitter.com/JayeHarrill/status/1352027529331134464?s=20

PoS vs PoW on energy
https://twitter.com/pythianism/status/1353782557884641281?s=20

Institutions adopt “ETH is Money”
https://www.coindesk.com/institutional-investors-ether-rally

DeFi paying users instead of advertisers (airdrops were sick)
https://twitter.com/erikvoorhees/status/1353939463202893824?s=21

Banks charging negative interest
https://twitter.com/q9fmz/status/1354048620253868032?s=21

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WSB / GAMESTOP
https://markets.businessinsider.com/news/stocks/gamestop-stock-short-seller-squeeze-losses-reddit-traders-citron-gme-2021-1-1030000080
https://www.theblockcrypto.com/linked/92959/rep-tlaib-congress-robinhood-gamestop

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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.

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