Level up your open finance game five times a week. Subscribe to the Bankless program below.
🗞️ Latest Weekly Rollup. Download the week in crypto to your brain in this 25 min show.
Listen to episode podcast | iTunes | Spotify | YouTube | RSS Feed
Tools from our sponsors to go bankless:
⭐️ LEDGER – BEST HARDWARE WALLET TO SECURE YOUR CRYPTO
https://bankless.cc/ledger
🚀 ZERION – INVEST IN DEFI FROM ONE PLACE
https://bankless.cc/zerion
💳 MONOLITH – GET THE HOLY GRAIL OF BANKLESS VISA CARDS
https://bankless.cc/monolith
🤖 YEARN – YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU
http://bankless.cc/yearn
📺 ROLLUP: 4th Week of December
December 25th, 2020
ROLLUP: 4th Week of December
Bankless Citizen Spotlight!
This guy:
MARKET What’s the Market saying?
BTC Price
– Up 21% in the last 7 days
– High consolidation between $23k and $24K
– Bitcoin dominance doing really well: 70%
– MicroStrategy finished their $650M purchase of 29,646 BTC

BREAKING: @MicroStrategy has bought another 29,646 bitcoin with its $650 million debt issuance. The business intelligence firm now has 70,470 BTC worth over $1.596 billion in its treasury reserve.
. @michael_saylor Via @realDannyNelson

December 21st 2020
273 Retweets1,033 Likes
ETH Price
– Up just 3% in the last 7 days
TVL in DeFi
From $16.5B to $14B
DPI down from $115 to $108
2+M ETH in ETH2 Staking
DeFi Pulse has a new page
“Bitcoin at Work”
Announcement: https://defipulse.com/blog/introducing-bitcoin-at-work/
Page: https://defipulse.com/btc
A chart not often seen, Grayscale Revenue:

New chart on our data dashboard. Grayscale (estimated) revenue from GBTC & ETHE. In December, likely will be around ~$25 million.
theblockcrypto.com/data/crypto-ma…
December 17th 2020
8 Retweets25 Likes
XRP getting DUMPED after SEC report
Bitwise dumped $9.3M. Will Grayscale have to do something?
RELEASES
The Graph Network now live
https://thegraph.com/
Tornado.Cash Governance Token has been retroactively airdropped
https://tornado-cash.medium.com/tornado-cash-governance-proposal-a55c5c7d0703
Compound Chain announced
CASH new stablecoin?

Today, we’re excited to share the whitepaper for Compound Chain, a distributed ledger capable of transferring value & liquidity between peer ledgers.
compound.cash
December 17th 2020
102 Retweets386 Likes
$3M Raised by Union to bring Credit to DeFi
Perpetual Protocol Live on Mainnet

We’re thrilled to announce our mainnet is finally here!
You can now trade ETH and BTC perpetual contracts with up to 12x leverage on-chain at:

December 16th 2020
46 Retweets226 Likes
You can now trade ETH and BTC perpetual contracts with up to 12x leverage on-chain at perp.exchange
Gitcoin Round 8 Closed

just passed ten million in funding to OSS 🙃
gitcoin.co/results
December 23rd 2020
30 Retweets162 Likes
NEWS
SEC files lawsuit against Ripple for $1.3B in unregistered securities sale.
Vitalik:

Looks like the Ripple/XRP team is sinking to new levels of strangeness. They’re claiming that their shitcoin should not be called a security for *public policy reasons*, namely because Bitcoin and Ethereum are “Chinese-controlled”. 😂😂
ripple.com/wp-content/upl…

December 22nd 2020
1,312 Retweets7,091 Likes
Ledger Breach – 272K Customers
Check Ledger Leak – https://www.argent.xyz/ledgerhack/#
Hudson stepping down as the All Core Dev Call facilitator
Being replaced by Tim Beiko
TAKES
Hayden Adams on Uniswaps registered country address

You joke but legit the coolest thing about this page is not Uniswap competing with cex, it’s Uniswap being the only one with country section blank Ethereum is the closest thing to a country that Uniswap has
messari.io/exchanges
Alex Svanevik 🧭 @ASvanevik
Anybody know Uniswap’s postal code? https://t.co/MiEV5yQAst
December 19th 2020
225 Retweets1,311 Likes
Ryan on Boomer fiscal management.
David on Ripple as a heist
David on Ethereum solving its own problems
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 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)
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