ROLLUP: China Turns Bullish On Crypto | Celsius Bailout Plan
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 2 June 2023
⏱️ 84 minutes
🧾️ Download transcript
Summary
Bankless Weekly Rollup
1st Week of June 2023
------
🚀 AIRDROP ALPHA 🚀
https://bankless.cc/Alpha
------
🚀 Asymetrix
Go to https://bankless.cc/asymetrix
------
BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2
🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE
https://bankless.cc/MetaMask
👾STADER LABS | ETHX LIQUID STAKING
https://bankless.cc/Stader
⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION
https://bankless.cc/Toku
🎮IMMUTABLE | GAMING ECOSYSTEM
https://bankless.cc/Immutable
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
------
Topics Covered
0:00 Intro
3:30 MARKETS
7:49 ETH Staking
https://twitter.com/hildobby_/status/1663960826225491996?s=20
10:25 CEX Balances 5 Year Low
https://decrypt.co/142507/ethereum-bitcoin-balances-exchanges-edges-5-year-lows
12:25 State of NFTs
https://twitter.com/cyounessi1/status/1663617804812136450?s=20
17:29 China Bullish On Crypto
https://www.theblock.co/post/232404/beijing-web3-white-paper
23:03 Celsius Has A Deal
https://www.coindesk.com/policy/2023/05/25/fahrenheit-wins-bid-to-acquire-assets-of-insolvent-crypto-lender-celsius/
28:16 Worst Crypto Winter?
https://twitter.com/icebergy_/status/1663693201620758528
https://twitter.com/RyanSAdams/status/1663973894645075969?s=20
36:00 SMALL NEWS
36:26 Bullish On Blend
https://dappradar.com/blog/blur-dominates-82-of-the-nft-lending-market
37:50 Coinbase Gas Free Transfers
https://twitter.com/CoinbaseWallet/status/1663680306329821184
39:47 MoonPay Took $150M?
https://twitter.com/web3isgreat/status/1663664708409339904?s=20
41:21 Paradigm Enters AI
https://www.theblock.co/post/232247/crypto-vc-paradigm-ai
44:00 Binance Layoffs
https://www.theblock.co/post/232696/binance-layoffs-cuts-jobs
45:50 Worldcoin Raises $115M
https://blockchain.capital/worldcoin-proof-of-personhood-world-id-and-the-future-of-crypto-onboarding/
50:07 Magic Raises $52M
https://magic.link/
52:54 Questions From The Nation
Join Our Discord - https://discord.gg/zMVU2bBrcz
1:06:10 Takes Of The Week
https://twitter.com/VentureCoinist/status/1662514641233166337?s=20
1:15:10 What Are You Bullish On?
https://twitter.com/TrustlessState/status/1663680140117680129?s=20
1:21:48 Risks & Disclaimers
----
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://www.bankless.com/disclosures
Transcript
Click on a timestamp to play from that location
| 0:00.0 | This is the most interesting part of this article. Hong Kong Securities and Futures Commission |
| 0:04.6 | released a rule book for the crypto industry last year, stating that retail investors |
| 0:08.8 | can start trading crypto from June. First. What? |
| 0:16.6 | Bankless Nation, it is the first Friday of June. What time is it, David? |
| 0:21.6 | Oh, Ryan is the Bankless Friday, weekly roll-up where we cover the entire weekly news |
| 0:24.8 | in crypto, which is always an ambitious endeavor there. So much to cover this week, which is why |
| 0:27.7 | I'm talking so fast. I'm also, it's the morning time for me now, for the first time in two months. |
| 0:32.5 | So I'm back. Welcome back to my top coast. Yeah, it's great, it's great to have you actually. |
| 0:38.4 | It's good to see that background again, David. I missed it. We're seeing kind of a different |
| 0:43.2 | background for the last week. I missed those bricks. Yeah, the brick and the lighting and the |
| 0:46.9 | good camera, it's all back. Do you know it's June? And last year, 16 days from now, |
| 0:53.0 | three-hour's capital went bust. It's when we first found out about it. Oh, really? This is |
| 0:57.3 | a three-hour's capital month. This is a three-hour's capital month. This is a three-hour's capital month. |
| 1:01.6 | Man, man. Time flies, right? When you're having fun. I mean, fun. Little did we know we still had |
| 1:06.8 | FTX ahead of us at this point. But actually, okay, well that means that it's been roughly one year |
| 1:11.4 | since ether bottomed. It's been one year since the ether bottom. That's true. Yeah, about one |
| 1:16.1 | year since ether bottom. We're going to talk about that then. Also, a few topics of the week. |
| 1:19.8 | Did China just do a 180 on crypto? Yeah. Did you ever read about this? I just started to. |
| 1:24.8 | And I want to get your take on it. But I feel like no one is talking about it. And we're going to |
| 1:27.6 | talk about it. What else we got to cover? We got this Celsius end game. So if you are a |
| 1:32.0 | Celsius creditor or you're interested about the state of Celsius creditors, high Ryan, |
| 1:36.7 | you're going to find out exactly how much money you're going to get. And if you are over $5,000 |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bankless, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bankless and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

