Level up your open finance game five times a week. Subscribe to the Bankless program below.

Join the Bankless Nation

🗞️ Latest Weekly Rollup. Download the week in crypto to your brain in this show.

Listen to podcast episode | iTunes | Spotify | YouTube | RSS Feed

Tools from our sponsors to go bankless:

⭐️ AAVE | BORROW OR LEND YOUR ASSETS
https://bankless.cc/aave

🚀 GEMINI | MOST TRUSTED EXCHANGE AND ONRAMP
https://bankless.cc/go-gemini

💳 MONOLITH | GET THE HOLY GRAIL OF BANKLESS VISA CARDS  https://bankless.cc/monolith

📱 DHARMA | MOBILE ONRAMP DIRECTLY INTO DEFI
https://bankless.cc/dharma

📺 ROLLUP: 4th Week of January

January 29th, 2020

Market

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

• ETH Price: $1480 (New High)

  • High-Highs, Lower-Lows

• $DPI: $290

• TVL in DeFi: Peaked at $26.5B locked!

• DPI/ETH 1-Day Chart!

• Corrections

  • Average Correction in a Bull Market is 35%

  • Every Quarter has a Correction

  • Expect Them

Releases

• ETH 2.0 available on Bitfinex

• L2 is Coming

• Coinbase Offers Secondary Shares

• Kyber V3 Launching

• Alpha Homora V2

• Vitalik’s Holy Grail for Rollups

• Comparing Layer 2 Solutions

• Bankless Reply to Lyn Alden

• Uniswap WBTC-ETH & USD-ETH LP Token Vaults

  • MakerDAO Onboarding Proposal

  • Dai Stats

News

• Track Placeholder Ventures On-Chain

• Public Company Buys BTC (Marathon Patent Group)

• Microstrategy Keeps Buying Bitcoin

• Janet Yellen on Cryptocurrencies

• Miami Mayor is Hot for BTC

• ConsenSys Partners with BSN (China)

• Dot’s Popularity in China

• DyDx Raises $10mm in Series B Funding

• Genesis did $20B in Lending in 2020

• DyDx did $18B in Lending in 2020

• Mark Cuban & Soulja Boy Minting NFT’s

Takes

• Ethereum Not Blockchain

• PoS vs PoW on Energy

• Institutions Adopt “ETH is Money”

• DeFi Paying Users instead of Advertisers

• Banks Charging Negative Interest

Gamestop & The Big Short Squeeze

• GameStop Short-Sellers Lost $1.6 Billion in a Single Day

• Rep. Tlaib Calls for Congressional Hearing on Robinhood

• Tweets:

  • @RussellOkung

  • @RampCapitalLLC

  • @Tyler (Winkelvoss)

  • @stoolpresidente

  • @WSBChairman

  • @gainzy5

  • @CopingMAGA

  • @cryptoisback

Episode Actions

• Give Bankless 5 stars on the podcast! Let’s get to the top of the charts 📈

Also...subscribe to Bankless YouTube to watch State of the Nation every Tuesday.

Subscribe to Youtube

Subscribe to the podcast on iTunes | Spotify | YouTube | RSS Feed

Leave a review on iTunes

Share the episode with someone you know!

Go Bankless. $12 / mo. Includes archive access, Inner Circle & Deals—(pay w/ crypto)

Subscribe now

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter 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 a commission if you make a purchase through one of these links. I’ll always disclose when this is the case.