ROLLUP: Are Record Inflows Good For ETH? | New Crypto & AI Czar | Record Liquidations | Where To Next?
Bankless
[email protected]
4.8 • 1.1K Ratings
🗓️ 13 December 2024
⏱️ 67 minutes
🧾️ Download transcript
Summary
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.
------
📣 DYDX | UNLIMITED ERA
https://bankless.cc/dydx-unlimited
------
BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2
🦄UNISWAP | BUG BOUNTY PROGRAM
https://bankless.cc/Uniswap-Bug-Bounty
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
🐧 CARTESI | LINUX-POWERED ROLLUPS
https://bankless.cc/CartesiSimple
📈 iYield: YOUR FINANCIAL PICTURE, SIMPLIFIED
https://bankless.cc/iYield
🔒 SAFE | INTRODUCING SAFENET
https://bankless.cc/SAFE
------
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
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
Transcript
Click on a timestamp to play from that location
| 0:00.0 | So David, did you see this? Donald Trump was asked by Jim Kramer about crypto this week. |
| 0:09.0 | Should we just play the clip? |
| 0:10.0 | Yeah, absolutely. |
| 0:11.0 | You're embracing crypto, very different from the previous administration. Strategic Petroleum |
| 0:15.5 | Reserve-like for crypto? |
| 0:17.0 | Yeah, I think so. We're going to do something great with crypto because we don't want China or anybody else, |
| 0:21.6 | not just China, but others are embracing it and we want to be the head. |
| 0:25.6 | We're going to be ahead of AI. |
| 0:26.6 | We're going to be way ahead of AI. |
| 0:28.6 | And we've got to produce tremendous amounts of electricity. |
| 0:31.6 | You know that it's unbelievable when you think that we need more than twice what we already |
| 0:36.6 | have. |
| 0:37.6 | If you think that's pretty for a specific industry, but we'll be able to do it. |
| 0:42.5 | We have Lee Zeldon in charge of the environment. |
| 0:45.1 | He's going to be given us very strong approvals, I think, and he's going to make sure |
| 0:49.3 | everything's good and clean and proper, but he's going to give us very fast approvals. |
| 0:52.9 | Donald Trump's saying he will be doing something great. |
| 0:56.5 | Full sense. |
| 0:57.9 | It's for him. |
| 0:58.5 | Donald Trump, I don't even know if he knows what accelerationism is, but he's embodying it. |
| 1:02.9 | Oh, that's exactly what I was going to say. |
| 1:04.4 | It's just full. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from [email protected], and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of [email protected] and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.