ROLLUP: 2nd Week of March (Beeple NFTs, EIP1559, Stimulus Checks, GBTC)
Bankless12 Mar 2021

ROLLUP: 2nd Week of March (Beeple NFTs, EIP1559, Stimulus Checks, GBTC)

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MARKETS

BTC Price: $55k

ETH Price: Low-Mid 1800s Mostly

TVL in DeFi: $41.2B

$DPI: ~$450

MEV Dashboard
https://explore.flashbots.net/

DeFi Undervalued? Coinbase vs. DeFi
https://twitter.com/StaniKulechov/status/1369314364944244737?s=20

Global Banking $6.2 Trillion, DeFi $85B
https://twitter.com/0x_Lucas/status/1369808216490602498?s=20

$3B valuation BlockFi:
https://twitter.com/BlockFiZac/status/1370012146503929856?s=20

DAOs With Treasury Reports
https://twitter.com/Matthew_Graham_/status/1367521656927838209?s=20

GBTC Trading 15% Below BTC Spot Prices
https://www.coindesk.com/grayscale-halts-new-investments-in-gbtc-after-trading-at-15-below-bitcoin

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RELEASES

Send From Arbitrum to xDAI (Hop Protocol)
https://twitter.com/HopProtocol/status/1367914160483299332?s=20

Optimism Dai Bridge with Fast Withdrawals
https://forum.makerdao.com/t/announcing-the-optimism-dai-bridge-with-fast-withdrawals/6938

Superfluid
https://twitter.com/superfluid_hq/status/1369676939913486337?s=21

FEI Protocol
https://www.coindesk.com/coinbase-naval-framework-ventures-19m-raise-fei-stablecoin

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NEWS

$1.9T Covid Relief Bill and $1400 Stimulus Checks
https://www.nbcnews.com/politics/congress/senate-passes-1-9-trillion-covid-relief-bill-including-1-n1259795

Fed Says Reopening Could Cause Inflation
https://www.cnbc.com/2021/03/04/fed-chairman-powell-says-economic-reopening-could-cause-inflation-to-pick-up-temporarily.html

EIP1559 Approved for London Hard Fork
https://twitter.com/TimBeiko/status/1367858606889037824?s=20

EIP1559 - Front Page of Bloomberg
https://i.redd.it/hdgboaz8xml61.jpg

ETH Miners Protesting EIP-1559
https://cointelegraph.com/news/ethereum-miners-plot-hash-power-show-of-force-against-eip-1559

Meitu Buys $22M ETH, $17.9M BTC
https://twitter.com/TrustlessState/status/1368639534770966537?s=20

Beeple NFT $69M
https://www.telegraph.co.uk/technology/2021/03/11/digital-artwork-snapped-69m-record-sale

NFT Environmentalism
https://joanielemercier.com/the-problem-of-cryptoart/

SuperRare Response
https://medium.com/superrare/no-cryptoartists-arent-harming-the-planet-43182f72fc61

US Lawmakers Introduce Crypto Bill
https://www.coindesk.com/lawmakers-digital-asset-regulation

Wyoming DAO Bill
https://twitter.com/awrigh01/status/1369328856260354051?s=20

NBA Top Shot Freezes Funds
https://defited.medium.com/my-centralized-experience-dapper-3d3e3a99cbd7

New Grayscale Job Postings - ETF?
https://twitter.com/coindesk/status/1369451478428090369?s=21

JPMorgan Crypto Proxy Basket
https://www.coindesk.com/jpmorgan-to-launch-cryptocurrency-exposure-basket-of-bitcoin-proxy-stocks

Logan Paul Sponsored Tweet Paid in SFI
https://twitter.com/Buhlaque/status/1369149498098860041?s=20

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TAKES

Everything is Broken
https://www.zerohedge.com/markets/mauldin-everything-broken

Reinvesting in Crypto
https://twitter.com/ryansadams/status/1368944228382965765?s=21

Steinworld’s Ethspansion from Genesis
https://twitter.com/takenstheorem/status/1351409209305305090?s=20

Today Show Laughing About NFTs
https://twitter.com/econoar/status/1369344244880527361?s=20

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MEME

L2 vs ETH Killers
https://www.instagram.com/p/CMLVE2YAQQ2/

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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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Episoder(1323)

EtherFi’s Next Act: Stocks, Loans, and Global Banking | Mike Silagadze

EtherFi’s Next Act: Stocks, Loans, and Global Banking | Mike Silagadze

EtherFi is expanding from a crypto-native neobank into a broader financial account built around DeFi. Mike Silagadze joins David to break down the next version of the product, including tokenized stoc...

14 Aug 42min

ROLLUP: Bitcoin’s Fork Died in 2 Blocks | Saylor Sells Again | Robinhood Chain | Fidelity Staking

ROLLUP: Bitcoin’s Fork Died in 2 Blocks | Saylor Sells Again | Robinhood Chain | Fidelity Staking

Bitcoin’s latest fork died after just two blocks. Ryan and David unpack what the failure says about Bitcoin maximalism, why Saylor keeps selling BTC, Robinhood Chain’s breakout, and Fidelity’s push to...

13 Aug 55min

NEAR’s New Token Utility and AI Economy | Illia Polosukhin

NEAR’s New Token Utility and AI Economy | Illia Polosukhin

What if staking a token could keep an AI agent thinking? NEAR cofounder Illia Polosukhin joins David to explain NEAR’s new staking-powered inference model, where yield funds access to confidential and...

11 Aug 52min

The EIP That Destroys DeFi | Stani Kulechov & Mike Silagadze

The EIP That Destroys DeFi | Stani Kulechov & Mike Silagadze

Ethereum’s latest staking proposal is sparking backlash across DeFi. Aave founder Stani Kulechov and EtherFi CEO Mike Silagadze join David to break down why stake tapering could push ETH yield toward ...

10 Aug 54min

ROLLUP: The ETH Issuance War | $130M Coldcard Exploit | Saylor Sells Again | Uniswap Launchpad

ROLLUP: The ETH Issuance War | $130M Coldcard Exploit | Saylor Sells Again | Uniswap Launchpad

Ethereum’s monetary policy is suddenly up for debate. Ryan and David unpack the issuance fight dividing researchers and DeFi builders, the Coldcard exploit that hit users who “did everything right,” S...

7 Aug 1h 6min

$ANSEM, Robinhood Chain, & Why SOL Still Beats ETH in 2026 | Mike Dudas

$ANSEM, Robinhood Chain, & Why SOL Still Beats ETH in 2026 | Mike Dudas

Memecoins were supposed to be a dead end, but Mike Dudas believes their deeper idea is only beginning to spread. The 6MV investor joins David to unpack Bonk’s role in reviving Solana, Ansem’s latest e...

5 Aug 1h 5min

The Next Bull Market is Here, and Obvious | Spencer and Aleks, Blockchain Capital

The Next Bull Market is Here, and Obvious | Spencer and Aleks, Blockchain Capital

Crypto prices are weak, OG sentiment is exhausted, and institutions are leaning in. Blockchain Capital GPs Aleks Larsen and Spencer Bogart join David Hoffman to explain why this disconnect may be the ...

3 Aug 1h 11min

ROLLUP: Korea Gets Liquidated | The AI Trade Unwinds | Crypto Holds Firm | Warsh Holds Rates

ROLLUP: Korea Gets Liquidated | The AI Trade Unwinds | Crypto Holds Firm | Warsh Holds Rates

Korea’s leveraged stock boom imploded and the AI trade found a forced seller, but crypto held firm. Ryan and David unpack whether the winds are shifting toward BTC and ETH, Warsh’s hawkish Fed debut, ...

31 Jul 54min

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