ROLLUP: 5th Week of December

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ROLLUP: 5th Week of December

MARKET

BTC Price
- Almost 29k!

ETH Price
- Just hit 750!
- 50% away from ATH price

Blow off tops coming??
We are very far away from the 20 week MA!

TVL in DeFi
- Up from 14B to 14.4B

DPI 
- Up from $108 to $117

2.2M ETH in ETH 2, $1.65B

Futures value Coinbase at $50B
https://ftx.com/trade/CBSE/USD

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RELEASES

1INCH token released
https://1inch-exchange.medium.com/1inch-token-is-released-e69ad69cf3ee

Haseeb’s take on Stablecoins

https://medium.com/dragonfly-research/fighting-to-be-stable-the-evolution-of-stablecoins-aca81fb432f9

DeFi events of the year graphic

https://www.theblockcrypto.com/linked/89271/here-are-some-of-the-biggest-defi-events-in-2020

Opyn V2
https://medium.com/opyn/opyn-v2-is-live-11347240b46e

YAM rebasing DISABLED

https://twitter.com/YamFinance/status/1343966274095902720

YAM released Degenerative Finance on UMA

https://medium.com/yam-finance/degenerative-finance-ugas-explained-458bedbc2f17

- YAM acting as a good DAO!

Primitive is Live on Mainnet
https://primitivefinance.medium.com/primitive-is-live-on-mainnet-2261c5b098c5

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NEWS

New SEC Chairman appointed: Elad Roisman https://u.today/breaking-new-pro-crypto-sec-chairman-appointed
“Known as one of the most crypto-friendly SEC commissioners. A vocal supporter!

The fact that Roisman is at the helm of the SEC also significantly boosts the chances of a Bitcoin-tied exchange-traded fund (ETF) being approved in the coming years. 

Mnuchin wants onchain KYC for all ETH wallets that have stablecoins in them
https://twitter.com/jchervinsky/status/1341864829171228676?s=20 

Comment window period open on the FinCEN proposal to extend KYC to non-custodial wallets
https://twitter.com/jchervinsky/status/1341847200209530883?s=20

Etoro IPO rumors
https://cointelegraph.com/news/crypto-friendly-trading-firm-etoro-rumored-to-be-prepping-for-2021-ipo

Coinbase Delists XRP
https://twitter.com/coinbase/status/1343685626001039360?s=20

Also Binance US
https://twitter.com/binanceus/status/1344372892205608961?s=21

Also Bittrex
https://twitter.com/BittrexExchange/status/1344056304617177089

Also trading desks
https://www.theblockcrypto.com/linked/89083/jump-trading-galaxy-xrp-market-making

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Cover Protocol Exploit

https://coverprotocol.medium.com/12-28-post-mortem-34c5f9f718d4

https://twitter.com/CoverProtocol/status/1343581331448586245

https://etherscan.io/tx/0xc2fd5094c1e108f83222a86bd46b35fc0da35616385d681964b22003643f982e
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TAKES

Uniswap means you can't be delisted (sorry XRP)
https://twitter.com/RyanSAdams/status/1343740028766347265?s=20

DC
https://twitter.com/iamDCinvestor/status/1344138701757153281?s=20

Can’t delist on Uniswap
https://twitter.com/RyanSAdams/status/1343740028766347265?s=20

Ethereum is the TAM
https://twitter.com/panekkkk/status/1343269535919562753?s=20

Ethereum doesn’t marginalize
https://twitter.com/evabeylin/status/1341793825962958848?s=20

Degens are funding Open Source
https://www.coindesk.com/defi-degens-funding-next-wave-open-source

Ethereum is the last bastion for Yield
https://twitter.com/TrustlessState/status/1344378165414617088?s=20
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