Before March 1 – Get a Bankless Subscription for $12/month for life. Includes archive access, Inner Circle & Community Badge.

🗞️ Latest Weekly Rollup. Download the crypto meta to your brain in this weekly show.

Listen to podcast episode | iTunes | Spotify | YouTube | RSS Feed

Tools from our sponsors to go bankless:

⭐️ AAVE  | BORROW OR LEND YOUR ASSETS
https://bankless.cc/aave

🚀 GEMINI  | MOST TRUSTED EXCHANGE AND ONRAMP
https://bankless.cc/go-gemini

💳 MONOLITH | GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith

📱 DHARMA  | MOBILE ONRAMP DIRECTLY INTO DEFI
https://bankless.cc/dharma

📺 ROLLUP: 4th Week of February

February 26th, 2021

Market

• BTC Price: $50,000 - Dip after breaking $58k

• ETH Price: Broke $2k! Hanging in mid-$1600s following Dip

• TVL in DeFi: Peaked at $43B - Now at $35B

• $DPI: $370

• DPI/ETH Daily Chart

• Biggest Day Ever for DEX Volume

• DeFi Pulse Releases New Cryptodollars Page

• Retail Isn’t Here Yet

Releases

• Optimism Hires & March Mainnet

• Andreessen Horowitz on Optimistic Rollups

• Dydx Layer 2 w/ ZK-Rollup

• Chainlink Saving Massively on Gas

• Balancer Aave Partnership

• Zapper NFT Dashboard

• Alchemix

• Tim Beiko Proposal for EIP1559 Inclusion in London ETH 1 Hard Fork

News

• Fedwire Goes Down

• Coinbase Files To Go Public

• Nyan Cat NFT sells for 300ETH

• Alpha / Cream Repaying Funds

• South Korea Bans Privacy Coins from Crypto Banks

• Square Buys $170mm BTC

• MicroStrategy Buys $1.026B BTC

• Tether & Bitfinex New York Settlement - $18.5mm

• Brave Wallet + DEX Aggregator - Doubling down

• SoRare Professional Soccer (football) NFT Platform

Takes

• Michael Burry (Big Short) On Inflation

• NFT Inflection Point

• Emotional Robbery by Web2 platforms

• Current Prices are the Bottom of next Bear Cycle

• Ethereum the Employer

• Ryan's Jaded About Delegated POS

MEME OF THE WEEK

• L2 Implementers Assemble

CryptoWife @Crypt0xWife

L2 Avengers Assemble ✊ @justinjmoses from @synthetix_io @finestonematt from @loopringorg Robbie from @Immutable

Bankless 🏴 @BanklessHQ

On this week’s podcast, we held a summit with DeFi giants ⛰️ How’d we get here? Where are we going? Listen as we dive into Layer 2 with top minds from @synthetix_io, @loopringorg, and @Immutable 🎙️📺 https://t.co/POZ8qrP2Y2

February 23rd 2021

13 Retweets59 Likes

• I am Groot

CryptoWife @Crypt0xWife

The State of the Nation is Sprouting @TrustlessState @RyanSAdams

February 21st 2021

9 Retweets222 Likes

🙏Sponsor: Lattice1 by GridPlus | Secure & Legible DeFi Hardware Wallet

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 Youtube

Subscribe to the podcast on iTunes | Spotify | YouTube | RSS Feed

Leave a review on iTunes

Share the episode with someone you know!

Share Bankless Shows

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 commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.