Level up your open finance game five times a week. Subscribe to the Bankless program below.

Join the Bankless Nation

🗞️ Latest Weekly Rollup. Download the week in crypto to your brain in this 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

📈 KWENTA | DERIVATIVES TRADING WITH INFINITE LIQUIDITY
https://bankless.cc/kwenta​

📺 ROLLUP: 1st Week of February

February 5th, 2021

Market

• BTC Price: $37,000

• ETH Price: Touched $1,700 (New High!)

  • 1 Week After Gamestop Fiasco

  • Extremely Volatile in the $1.6k Range

• ETH/BTC Ratio

• $DPI: $408

• TVL in DeFi: $33B

• DPI/ETH 1-Day Chart!

• AAVE From $300 to $520 in 2 Days

• Settlement Value

• Layer 2 Is Here

• Alpha Finance originating more loans that Aave

• Nexus Mutual All-Time Highs

Releases

• HashMasks! (scroll down for viewing many dope HM’s)

• NFTX enabling liquidity providing for HashMasks

• Balancer V2 Is Coming

• Parsec Launch & Building for the Next 10 Years of DeFi

• Arbitrum Demo!

• Goldfinch Introducing “Crypto Loans Without Collateral”

• Grayscale releases ‘Valuing Ethereum’ paper

  • Triple Point Asset confirmed

News

• Grayscale releases ‘Valuing Ethereum’ paper

• UNI & Aave Now in the Bitwise 10

• 5 Potential New Greyscale Trusts?

• Aave in Greyscale?

• Visa’s Q1 Earning’s Call (Stablecoins, Payment Networks)

• Michael Saylor BTC Webinar indicates massive interest

• India to Ban Bitcoin?

• Logan Paul issues NFTs with Bondly

• Big Names Into Crypto:

  • Ray Dalio on Bitcoin

  • Mark Cuban Likes ETH

Takes

• DeFi tokens wealth: NFT Status

• ETH’s Future is with ETH Holders

• It’s okay to not own BTC Pt. 1

• GME drama a 20B ad for Bitcoin

• Decentralized Robinhood Already Exists

Meme of the Week

DavidHoffman.eth 🏴 @TrustlessState

February 4th 2021

190 Retweets1,371 Likes

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

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.