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ROLLUP: 2nd Week of February (Elon buys BTC, Crypto on Mastercard, Celebrity NFTs)

Bankless

Bankless

Tech News, Technology, News

4.71.2K Ratings

🗓️ 12 February 2021

⏱️ 77 minutes

🧾️ Download transcript

Summary

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MARKET

BTC Price
$47K (New high w/ Tesla $1.5B buy)
Flirting w/ $50k

ETH Price
$1800 (New high… again)
Passed 1 trillion transactions on Ethereum
https://twitter.com/etherscan/status/1357748137478131713?s=20 

TVL in DeFi: Nearly $40B
$DPI: $408
DPI/ETH Daily Chart!
https://www.tradingview.com/symbols/DPIWETH/?exchange=UNISWAP

Touching $1B AUM in DAOs
https://twitter.com/DeepDAO_io/status/1357379114089472003?s=20

Crypto Art Sales Reach a Record $80 Million
https://decrypt.co/56998/crypto-art-sales-on-ethereum-reach-a-record-80-million
See Chart Here
https://cryptoart.io/data 

Token Terminal
https://terminal.tokenterminal.com/dashboard/AMMs 

ETH Powers over $30B in Stablecoins
https://twitter.com/spencernoon/status/1359650088306569216?s=21 

Metamask Absolutely Printing Money
https://twitter.com/tomhschmidt/status/1359393949568303104?s=20 

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RELEASES

Matic Turning into Polygon
https://twitter.com/maticnetwork/status/1359206750239551492?s=20 

Hashmasks made over $13 Million in First Week of Sales
https://blog.flipsidecrypto.com/hashmasks-on-opensea/ 

Ledger has integrated WalletConnect (DeFi)
https://decrypt.co/56993/ledger-owners-can-now-access-defi-from-ledgers-mobile-app 

No Loss Prize Pool Builder is Live
https://medium.com/pooltogether/prize-pool-builder-9f9c95fad860 

UMA Protocol Releasing “KPI Options” with Community Airdrop
https://twitter.com/UMAprotocol/status/1359745145793486849 

SUSHI in Coinbase Custody
https://twitter.com/MessariCrypto/status/1359950434715262983?s=20 

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NEWS

TESLA BUYS BTC
https://twitter.com/carlquintanilla/status/1358758512613015554?s=20 

CME: Nearly 400 ETH Futures Contracts Traded on First Day
https://www.theblockcrypto.com/linked/94262/cme-eth-futures-contracts-launch-first-day 

MasterCard bringing Crypto onto Network
https://www.mastercard.com/news/perspectives/2021/why-mastercard-is-bringing-crypto-onto-our-network/ 

Huge Celeb NFT
https://twitter.com/MesutOzil1088/status/1359851478849122307?s=20 

Hester Pierce, SEC Commissioner, says we’re ready for a Bitcoin ETF
https://www.coindesk.com/peirce-sec-coindesk-t 

Twitter Considering Adding BTC to Balance Sheet
https://www.coindesk.com/twitter-considering-bitcoin-options-including-on-balance-sheet-exec-says
 
Coinbase uses 25% of all ETH gas
https://twitter.com/will__price/status/1357406288884432898?s=20 

Federal Reserve of St. Louis loves DeFi (and apparently Bankless)
https://twitter.com/RyanSAdams/status/1358876105541881863?s=20 

BNY Mellon Announcing it will offer Custody for Crypto
https://www.wsj.com/articles/bitcoin-to-come-to-america-s-oldest-bank-bny-mellon-11613044810 

Yearn Hack and $11m loss
https://www.theblockcrypto.com/linked/93818/yearn-finance-dai-pool-defi-exploit-attack 

Yearn Restores yDAI Vault and Compensates Hack Victims
https://thedefiant.io/yearn-restores-ydai-vault-and-compensates-hack-victims/



Avalanche Blockchain stopped working
https://www.coindesk.com/avalanche-developers-rush-client-patch-as-bug-slows-avalanche-transactions 

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TAKES

We’re nowhere close to the top
https://twitter.com/gerrrrrrrrrg/status/1358066872927858688?s=21 

Let's talk about high gas fees
https://twitter.com/RyanSAdams/status/1359540327091167233?s=20

Early Adoption is Expensive and Clunky…. But just wait.
https://twitter.com/ashleighschap/status/1359185073543794689?s=21 

1 Flippening Left
https://twitter.com/RyanSAdams/status/1359161920415236109?s=20 

Memes are going to take ETH to 10k
https://twitter.com/TrustlessState/status/1359660705062899714?s=20 

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MEME

Jay-Z Confirmed Bankless
https://twitter.com/Crypt0xWife/status/1359381601919074309?s=20 

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https://twitter.com/ryansadams 

Follow David on Twitter
https://twitter.com/TrustlessState 

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Transcript

Click on a timestamp to play from that location

0:00.0

We are rolling up the second week of February is weekly loves we go through five different

0:23.8

sections to make sure that you can stay up to date with the crazy world of crypto we

0:28.3

start with the markets we talk about what's going on in the markets what are the

0:31.8

markets saying then we go into releases what got released who released what

0:36.3

products in the crypto world then we go into news what happened in the news

0:40.1

cycle then we finish up with some ecosystem takes who had interesting

0:43.9

opinions this week and then we finish up with what David and Ryan are excited

0:47.9

about and of course our new section which just takes a little bit of time at

0:51.0

the very end which I'm in love with this new section the meme of the week the

0:54.5

meme of the week it is it's hard to pick the meme of the week every week and

0:59.3

it's hard to condense all of this crypto information into a hour 45-minute

1:05.2

segment how long does it take us these days David I don't know we're getting it

1:09.2

down but it depends we initially committed to trying to get this to be 25

1:13.5

minutes and we gave up on that like roughly three episodes in so now now we

1:17.4

do this in about 45 minutes all right the week of crypto in 45 minutes the bull

1:20.8

run edition of roll ups is gonna be a bit longer guys but we're gonna cram this

1:25.5

into your brains as quickly as possible David you ready to start yeah let's do

1:29.2

it all right it's rolling up the markets let's start with Bitcoin price David

1:33.3

what is happening in Bitcoin land oh you know just a few things Bitcoin had

1:38.3

reached an all-time high new all-time high of $48,000 after Elon Musk and

1:44.3

Tesla announced that they bought 1.5 billion dollars worth of Bitcoin is the

1:50.1

largest single announcement of a Bitcoin purchase ever and so not only did

...

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