ROLLUP: 3rd Week of October
Episode

ROLLUP: 3rd Week of October

From Bankless Bankless

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ROLLUP: 3rd Week of October Welcome to Weekly Rollups, where David and Ryan package up a whole week's worth of news into a bite-sized bit of data, for easy inclusion into your brain!

Weekly Rollups: 5 TOPICS, 5 MINUTES EACH

PRICES AND MARKETS

- BTC
- ETH Price
- TVL in DeFi
- ETH unique address ATH https://twitter.com/santimentfeed/status/1317165165234835456?s=20
- Ethereum to settle $1T in 2020 https://twitter.com/MessariCrypto/status/1318985292347543552

WHAT GOT RELEASED?

- PayPal adopts crypto
_____ โš ๏ธ walled garden! Not yet crypto! https://www.reuters.com/article/paypal-cryptocurrency/update-1-paypal-to-open-up-network-to-cryptocurrencies-idUSL1N2HC0PL

Barn Bridge https://defirate.com/barnbridge-seed-round/
- Separates risk into tranches
- Smooths out yields across protocols

Yield Protocol https://medium.com/yield-protocol/yield-protocol-is-live-e6e8ebf2537b
- Fixed-rate, fixed-term borrowing and lending, with market-determined interest rates.

CirclesUBI https://decrypt.co/45419/universal-basic-income-app-launches-gives-users-free-crypto

- Decentralized Identity
- Regular issuance + airdrop token

MetaMask Swaps https://medium.com/metamask/introducing-metamask-swaps-84318c643785

- Swap assets inside MetaMask
- Aggregator of aggregators

WHAT'S IN THE NEWS?

Fincen going after BTC mixing service https://www.theblockcrypto.com/linked/81667/fincen-mixing-service-helix-fine-bitcoin

Central Bank Digital Currencies are getting hype https://twitter.com/RaoulGMI/status/1317836119149580288?s=20

Shielded Zvash Pool hit 600k ZE https://twitter.com/jswihart/status/1317192646062796801?s=20

Coinbase Report on who requests data from Coinbase https://blog.coinbase.com/transparency-at-coinbase-c8edf6dce4d6

Yearn Manifesto https://gov.yearn.finance/t/how-we-think-about-yearn/7137

Watches on the Blockchain! https://www.coindesk.com/breitling-arianee-all-new-watches-ethereum

WHAT'S ON YOUR MIND?

David: The dominoes seems to be falling faster and faster Markets, Charts, news and releases all seem to align/resonate and this is one of those moments Iโ€™ve been more bullish BTC than normal, and more publicly bullish BTC than normal (much to Sassals dismay) but that doesnโ€™t change the fact that when BTC moons, ETH usually Moons 2x.

Ryan:

Long-term I think Bitcoin is second place on market cap (preparing the way) - Bitcoin:
-- 2nd place in transaction fees
-- 2nd place in settlement value
-- 2nd place in transaction volume
- Thereโ€™s not such thing as ALT: if you continue see

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