ROLLUP: Are Record Inflows Good For ETH? | New Crypto & AI Czar | Record Liquidations | Where To Next?
Bankless13 Des 2024

ROLLUP: Are Record Inflows Good For ETH? | New Crypto & AI Czar | Record Liquidations | Where To Next?

This week on the Weekly Rollup: Bitcoin briefly plunged to $93K amidst $1.1B in crypto liquidations, marking the largest single-day event since 2021, with $815M wiped from long positions alone. Meanwhile, Ethereum ETFs hit a record inflow day of $428M, and Layer 2 solutions like Mantle are driving the ecosystem forward with nearly 1M ETH bridged to Base. On the regulatory front, the crypto world sees both challenges and opportunities as Trump appoints David Sacks as Crypto Czar while Microsoft shareholders reject Bitcoin on their balance sheet. With bullish predictions, such as Bitcoin reaching $250K, and major milestones like 1B unique crypto addresses, the crypto market continues its rollercoaster of volatility and growth.

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https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/113?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E

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TIMESTAMPS & RESOURCES

00:00:00 Trump On Bitcoin Reserve
https://x.com/tftc21/status/1866895723410673988?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g

00:03:43 MARKET
https://x.com/QuintenFrancois/status/1866445089909653545
https://x.com/DegenerateNews/status/1866957840805409049

00:13:47 L2 Update
https://x.com/jessepollak/status/1867047990843916334
https://dune.com/eekeyguy_eth/eth-supply-tracker

00:16:40 Bitcoin Reserve
https://x.com/InvestorAsh/status/1866221541400219847
https://x.com/el33th4xor/status/1866255029033943551

00:27:06 Donald Trump appointed David Sacks as a Crypto and AI czar
https://truthsocial.com/@realDonaldTrump/posts/113603133222686186
https://x.com/BitcoinNewsCom/status/1864857461481422934.
https://x.com/DavidSacks/status/1865199683087245405

00:32:26 CFTC Chair Rumors
https://x.com/emiliemc/status/1866686542649102586?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g

00:34:08 SEC - Crenshaw
https://x.com/eleanorterrett/status/1866981517932822540?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g
https://x.com/brian_armstrong/status/1865913522670260680
https://x.com/masonlynaugh/status/1866877145902948483

00:39:52 Should Ethereum Pump The Gas
https://x.com/dankrad/status/1863412876901306599
https://x.com/dankrad/status/1867078641118789787
https://x.com/drakefjustin/status/1865894859468427

00:44:44 MOVE Token
https://x.com/movementfdn/status/1866093209719579011

00:46:00 Magic Eden
https://x.com/MagicEden/status/1866483682367693227
https://mefoundation.com/
https://www.coingecko.com/en/coins/magic-eden

00:46:37 Pudgy Airdrop
https://x.com/pudgypenguins/status/1864851993094664602
https://nftpricefloor.com/pudgy-penguins

00:51:38 EtherRocks
https://x.com/etherrock/status/1865480491773640830?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g

00:53:30 Quantum Computing
https://x.com/InvestorAsh/status/1866221541400219847
https://x.com/caprioleio/status/1866355221670302170
https://vitalik.eth.limo/general/2024/10/29/futures6.html
https://x.com/el33th4xor/status/1866255029033943551

00:59:36 Stablecoin News
https://x.com/jerallaire/status/1866733181728366593
https://defillama.com/stablecoins
https://x.com/aave/status/1866127138820112562
https://x.com/defiignas/status/1866831563272712393

01:05:16 Meme Of The Week
https://x.com/sherlock_hodles/status/1866557875671187912

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠

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Episoder(1267)

Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

Will The Ethereum Economic Zone (EEZ) Rebuild $ETH Dominance? | Gnosis Martin Koppelman & Friederike Ernst

Can Ethereum become one economic zone again? Martin Koppelmann and Friederike Ernst from Gnosis explain how real-time proving and the Ethereum Economic Zone could reconnect fragmented rollups, unify...

9 Apr 58min

The Largest Securities Exchange in the World is Coming Onchain | Michael Blaugrund of NYSE and Carlos Domingo of Securitize

The Largest Securities Exchange in the World is Coming Onchain | Michael Blaugrund of NYSE and Carlos Domingo of Securitize

NYSE and Securitize are laying the rails to bring real, issuer-backed securities onchain.  Michael Blaugrund of NYSE and Carlos Domingo of Securitize break down how blockchain-native equities coul...

7 Apr 1h 4min

Bitcoin Has 3 Years to Survive | Nic Carter on Bitcoin’s Quantum Vulnerability

Bitcoin Has 3 Years to Survive | Nic Carter on Bitcoin’s Quantum Vulnerability

What if Bitcoin’s biggest strength becomes its fatal weakness? Nic Carter joins Bankless to unpack why the latest quantum papers changed the threat model, why a 2029 migration window could leave Bitco...

6 Apr 1h 13min

ROLLUP: Google’s Quantum Warning | Trump’s Iran Speech | Ethereum Economic Zones | Drift Hack

ROLLUP: Google’s Quantum Warning | Trump’s Iran Speech | Ethereum Economic Zones | Drift Hack

Google just dropped a major quantum warning for crypto, claiming a breakthrough that could accelerate the timeline to breaking Bitcoin and Ethereum’s core security. Ryan and David unpack what changed,...

3 Apr 1h 4min

3 Megatrends Every Investor Needs to Know: Demographics, Wealth Inequality, & the End of Labor (with Jeff Park)

3 Megatrends Every Investor Needs to Know: Demographics, Wealth Inequality, & the End of Labor (with Jeff Park)

Three macro forces are converging that almost no one is pricing in correctly. Jeff Park returns to Bankless to lay out what he calls the "certain truths" shaping markets for the next two decades: coll...

30 Mar 1h 27min

ROLLUP: The World is On the Clock | The Clarity Act | Crypto Mortgages | Bitmine Staking

ROLLUP: The World is On the Clock | The Clarity Act | Crypto Mortgages | Bitmine Staking

We examine the proposed Clarity Act and its impact on stablecoin yields and crypto finance. Ryan and David discuss geopolitical tensions in Iran and their effects on global markets.  Highlights incl...

27 Mar 1h

The Economics of AGI: Why Verification Is the New Scarcity w/ Christian Catalini

The Economics of AGI: Why Verification Is the New Scarcity w/ Christian Catalini

MIT economist Christian Catalini joins Ryan and David to unpack his new paper, "Some Simple Economics of AGI," which argues that the scarce resource in the AI economy is no longer intelligence but ver...

26 Mar 1h 25min

Illia Polosukhin: Why AI Agents Are Still Useless (And What Fixes Them) | NEAR Founder on IronClaw

Illia Polosukhin: Why AI Agents Are Still Useless (And What Fixes Them) | NEAR Founder on IronClaw

NEAR founder and Transformer co-author Illia Polosukhin joins us to break down why today’s AI agents still fall short, what’s missing to make them actually useful, and how IronClaw could unlock secure...

24 Mar 1h 17min

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